Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
Buy and sell domain names. If you’re good at finding popular yet undiscovered domain names, you can make some cash on the side by buying and reselling websites. Think of it as digital real estate speculation. Domains are available on GoDaddy.com for as little as $2.99 per year, but are sometimes resold at far higher prices: According to Business Insider, the site MM.com sold for $1.2 million dollars in 2014. Once you find the perfect domain name to resell, you can market it on Flippa.com for a flat fee.
Using Fiverr is a great way to pick up work. Once you have signed up you can advertise your services. Fiver allows you to create your own gigs, whether you are offering web design, digital marketing, writing, or something else. You can choose how much you want to charge (it can be more than a fiver) and people will then contact you if they are interested in working with you. Fiverr will not only help you get experience if you are just starting off as a freelancer, it will also help you earn some extra cash.
White labeling products involves purchasing pre-made products from a supplier and then adding your own labeling and branding. Products could range from candles to gym equipment or even tea, but all will come without labels, allowing you to create your own new range of merchandise. Most suppliers will advertise the fact they offer white labeled goods on their websites, so pick your niche and then find the right supplier and product for you. Once labeled, products can be sold via sites like eBay and Amazon, or from your own eCommerce store (discussed in a moment).
Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.
Writing an eBook and selling it on your blog can be a great money maker. Your eBook should be directly relevant to your blog’s content so you can sell your book to your existing audience. Creating a recipe eBook for a food blog or an eBook full of training plans to complement your fitness site are just a couple of examples that have the potential to sell.
Is there a product or service that you are particularly enthusiastic about? If you are, you may be able to develop a website that is built around selling it. You don’t have to be the actual provider of the product or service either. There are many businesses that offer these products and will allow you to sell them on an affiliate basis. For example, you may be able to sell a product on your website for a commission of 20% or 30% of the sale price.
Are you a professional in a field that can help answer questions for people looking for your expertise? Websites like JustAnswer and LivePerson match you up with people looking for answers to technical or professional questions. You can make money online by simply answering these questions and providing the right information to people based on their individualistic circumstances.
To make money easily, look for odd jobs like dog-walking, yard work, or running errands for elderly neighbors. Sell off old things you don’t need anymore, like books, CDs, DVDs, furniture, and clothes. Use your talents to make money by selling crafts, taking photos at events, designing web images, or starting a blog about something you love. For a quick side job, sign up to participate in focus groups in your area, complete online surveys, or look on websites like Craigslist and Fiverr for interesting, unusual gigs.
I am 17 in May and currently studying year 12. I don’t have a job though have tried a couple times. Given i have exams coming up i can’t manage a normal job but need some source of income – even if its small. I’m not all that technical so a lot of the things up there don’t work. I have strong english skills, love working with kids. I like sport, , languages animals and can cook. I have tried to get babysitting but haven’t had much luck so far.
You may decide to create free videos as extra content for your blog, and not sell them at all. If this is the case then you can still make money from these videos by selling advertising space on them (in the same way as discussed for monetizing podcasts). Once you have high volumes of traffic visiting your blog, and watching your videos, you can charge businesses to advertise at the beginning of your videos. Use website’s like Izea to help you connect with companies willing to pay to advertise on your blog.
Once you are all set up, Live Ops has an excellent online training program that teaches you how to handle calls from customers. You will be taking calls for many different companies. When you start working, your phone will ring and a script will pop up on your screen. You simply read the script word for word and input customer information as you go along. If customers have questions, there is a section on your screen with FAQ’s and you are also logged into a virtual chat room should you need to ask for support from a supervisor.
Fiverr: Israeli-based Fivver was started in 2010 by Shal Wininger and Micha Kaufam. It's a great resource for selling just about any service online. You can offer gigs as low as $5 but also get paid much more for upgrades and add-ons. There are plenty of providers earning 6 figures on Fiverr so it's definitely a worthwhile cause for generating a healthy income. Just ensure that you provide some serious value.
Similar to a YouTube vlogger, if you have a large following on Instagram then you could become an Instagram Influencer. You will be paid to promote products in your photos, from wearing certain clothes to action shots of you using particular merchandise. As your Instagram following grows, you may start out simply receiving freebies in return for a picture of you with the item in shot. However, for those with followings running into millions, you can expect large payments to display products in your pictures. Use sites like Hype Factory to help connect you with companies prepared to pay for your influence.
Money makes people a target for lawsuits. Some people are rich, and no one is the wiser. Other times, it’s hard to blend into the crowd. For these people, the risk of litigation is heightened. “Think about the prominent doctor known in the community who is quite well off,” Elwell says. If he is in a fender bender, someone who recognizes him and his wealth may be more inclined to take legal action than if the other driver was a less affluent person. “What a target on your back,” according to Elwell.
Become a social media virtual assistant. Do you love Pinterest or Instagram? Many brands and bloggers do not know how to correctly use these social media platforms. Offer your expertise to coach or act as a social media manager. It’s a win-win: the brand gets the right type of social media exposure and you can make money doing something you enjoy.
Be creative when thinking of ways to take the relationship forward. Some writers, including fiction writers, for instance, give away the first book of a series. Others offer their readers in-person experiences or ancillary products to their books, and these offerings end up bringing in more significant revenues than book sales alone could ever deliver.
You can work as a virtual assistant through dedicated websites, such as Upwork or Zirtual. All kinds of skills are needed, and compensation can vary anywhere between $10 per hour to $100 or more. Obviously, the higher pay will be to people who have more technical skills, such as web building skills and marketing. But you can find work doing administrative tasks at the lower end of the pay scale.
Your first comment is very incriminating. It is obvious that by making the distinction that your are not a journalist or authority, that you claim no responsibility to give accurate figures when you cite concrete data. I’m sure your readers will like to know this. On the top 10 MBA salaries, I actually thought that those numbers sounded reasonable, even conservative. The policeman salaries, or the oracle software sales rep salaries were very different than I found. I think the law partner salary is inflated as well. From what I could find their incomes had such a high variance that average is likely>>median, which is a more meaningful figure in this instance.
While Etsy is fantastic for handmade goods that you’ve already created, if you’ve got killer designs that would look good on phone cases, t-shirts, or even wall hangings, pillows, and duvets, you can sell them on Society6 without paying anything to start. Society6 lets artists upload their designs and create their own shops where they choose what products their designs can be used on. That means one design can be used to make a whole range of awesome products that are printed and shipped on demand whenever someone buys from you. With top creators making thousands every month just from selling their designs.
Outwardly, I live a very normal life, modest home, cars etc., however no one sees my portfolio of investments. In many ways, I exemplify the characterization in the book “the Millionaire Next Door”. I also do not share the specifics of my earnings with anyone. Regarding the flashy bragging types, I do not know any them personally, however I agree they’re insecure. Why else do they need other people to praise or envy them.
most of these site you have to be older then 18, so thus you couldn’t do any of them unless in your parents name, also you would need their credit card or pay pal account, which i don’t think any parent would let their kid have that account, best advice i can tell you is to try working in lawn care, good for you wanted to start working young, i know how hard it can be living in a small town with poor parents, mabye ask around for idea, beware of the net though, net jobs are mostly scams and they onces that aren’t you mostly have to be 18, mabye if you don’t need a permit in your town sell cookies, or your old toys in a yard sale. cleaning jobs, are good. good luck, i know what it like being you, work hard
This can include advertising, but many businesses also need help just filling up their social media profiles with relevant (and consistent) content. If you enjoy learning about social media and want to take things a step further and make extra money, social media management is a great option. If you’re good at it, it can also open up a lot of doors for you down the road. This is a great article from Small Biz Trends on How to Start Your Own Social Media Business.
How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.