Before I talk about some of the methods for making money online, I wanted to address the role of pain versus pleasure. Every decision that we make in life is weighed on a pain-versus-pleasure scale. We will always do more to avoid pain than we will to gain pleasure, plain and simple. However, this is also what holds us back from succeeding in any endeavor.
This is an outstanding article and it’s certainly generous of Yaro to share this type of first hand experience. I believe the key to any successful online business is to ultimately keep your overhead expenses extremely low. Fortunately, there are plenty of ways to accomplish that with an online business like doing your own marketing, only paying for B2B services if absolutely necessary, etc. For example, most businesses, even if they are purely internet based, often benefit from having a fax number and using an email fax service compared with traditional fax is definitely an easy way to save money. Even though most people consider faxes to be a thing of the past, most would be surprised how often faxes are still used and using an online fax service that delivers faxes straight to your email is a great way to save time.
Great article, I have tried a few over the years. I had a side business cleaning offices for years. It did great, but I hated never being able to take more than 3-4 days vacation, so I eventually gave up. I tried MTurk, but if you multiplied my earnings on an hourly basis, it was a little over $6/hr. My blog is much worse, probably less than $0.25/hr.
An easy job; doesn’t pay well, but also a quick way to make some money. Sign up on eLance or oDesk to start, and/or advertise your services in entrepreneur forums. Requires good hearing and a good command of the English language. You may also want to invest in a foot pedal if you plan to transcribe often. Make sure you know how to transcribe interviews before you start your first job.
Make money on YouTube. People who love the spotlight and have other online hustles should consider creating their own YouTube channel. If you’re interested — and interesting — you can use the platform to market affiliate products, sell products you create yourself, or receive ad revenue for your informal tutorials or entertaining videos. Once you get the ball rolling, YouTube offers a partner program that can help you monetize your business further.
Video is growing like crazy. And more and more people are looking for professional help cutting their raw footage into viral-worthy content. If you have the right software and a bit of skill, you can easily make money online as a video editor. Check out these article of Fstoppers on how to become an online video editor and then look for relevant jobs on Mandy.com, Creative Cow Job Search, or ProductionHub.
Make the most of your spare space by listing it for short term rentals with Airbnb. If you know how to be an Airbnb host that wows their guests, you have an amazing opportunity to make money fast. By creating a wonderful experience for your guests, you’re setting yourself up for great reviews and lots of repeat guests. Check out our complete guide on getting started as an Airbnb host.
thanks for the enlightening article on the top 10 ways to make money online. i have tried the ebay route to sell my old stuff and I made some money from selling a PLR but unfortunately my paypal account was closed down. I am now trying to sell affiliate products. I have realised that it takes a lot of work and building your business plus understanding how to market to your targeted prospects.
The grant ran for 12 months and I was under the assumption (incorrectly) that I had to show consistent income growth in order to maintain my qualification for the program. My income at the time always suffered a downturn around Christmas/Summer in Australia. To combat this problem I decided to teach English face-to-face with people in Brisbane to hopefully boost my reportable income.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.