When you sell a service, you are the product, whether you’re a real estate agent, doctor, lawyer, bed & breakfast owner, auto-mechanic, caterer, hair stylist, fitness trainer, accountant, investment advisor, childcare provider, housekeeper, dog walker, landscaper, whatever.
Do you love taking photos and dream of building up a great Instagram following? As you grow your following, more sponsorship opportunities will become available. For example, if your account is focused on fitness, you may be able to sponsor products like protein powder, supplements, etc.
The last step is deciding how you’ll market and monetize your podcast. The larger of an audience you have, the more chances you have for monetizing it. Create a basic website for your show and start sharing episodes to your network. When you’re ready to monetize there are a few options you can choose from:
Strategy #3: Demonstrate your flexibility. As I mentioned earlier, people will not only want to see proof that you’ve delivered great results for other clients, they’ll want to know that you’re prepared to customize your service to meet their own unique needs.
If you happen to have a bit more free time, then reach out to the event organizers and see if you can volunteer or help in any way. That way you’re guaranteed a backstage pass and a higher chance of striking up a conversation with an expert one-on-one than if you just walked in through the door.
Most services pay anywhere from $15 to $25 per hour of transcribed audio. If you specialize and have training in legal or medical transcription you can make even more. If you’re a beginner transcriptionist you can find jobs at Transcribe Anywhere, TranscribeMe, Quicktate, Rev, Tigerfish, and Crowdsurf.
So, how do you go about putting together your course? One of my favorite online course success stories comes from Bryan Harris of Videofruit, who built and launched an online course in just 10 days that made him $220,750!
If you have experience with marketing, SEO, or a knack for getting people excited about the products and services you use on a regular basis, think about refining your skills and putting them to work making money online as a small business marketing consultant in your region—especially if you can become a local SEO expert and can help local clients rank higher in their search results.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
Or if you want to get more specific and help clients plan out their meals and nutrition, you can offer a meal planning service where you consult with clients online and then send them a plan based on your consultation.
Also, stay in your lane. Proclaiming you’re an expert at everything will make people trust you less. Find your niche (health, finance, small business, marketing, etc) and become a 1%-er writer in that space.
Now the cost of this one might vary depending on the library near you, but in my experience, a membership to your local library is always one of the best investments you can make. And most of the time, they are free.
Before you start selling, you need to find the right product with the potential for serious profitability. You’ll learn how to research different niches and even examine your own life to find problems that can be solved.
While it often takes a significant amount of time and hard work to build up your affiliate income, if you have the ability to regularly publish high quality content that drives in targeted traffic to your website, this online revenue source can become quite substantial.
If you possess a great deal of business experience and knowledge, why not create a business that helps aspiring entrepreneurs find success? You can use your skills to help new business owners get off to a good start and help experienced entrepreneurs keep up with demand. To show off your knowledge and skills and bring in clients, you can also write articles about business on platforms like LinkedIn.
If you’d rather learn directly from game-changing entrepreneurs themselves, then just tune into the Foundr Podcast, where we speak with entrepreneurs like Gretta Rose van Riel on influencer marketing, or how to become a master networker like Jordan Harbinger.
Similar to selling your freelance services, you can also start selling your knowledge and advice in an area you specialize in as a coach or consultant. If you can bill yourself as an expert, there are tons of people out there willing to pay for your time.
If you’ve visited Amazon, you have seen products sold by third-parties with the comment “ships from Amazon.” These are sellers who send their products to Amazon fulfillment facilities, then Amazon lists the item and ships it when a buyer is found.
Instead, if you can find a solid product that’s already being manufactured at a reasonable price from a marketplace like AliExpress, LightInTheBox, or DinoDirect and market it to your audience, you’ll have the start of a money-making eCommerce machine.
If you can consistently provide companies with successful social media campaigns and improve their profiles, they will pay. Clorox Bleach had some huge success with one of their recent social media campaigns.
Bootstrap: This means you’ll be self-funding your business. While not everyone will have the funds to pay for everything they need to start a startup, bootstrapping means that you retain 100% control over your company. If you can bootstrap your company to an exit or IPO, you’ll most likely never have to work another day in your life.
This program allows you to earn money by including affiliate links to different products offered by Amazon. When a visitor views your blogs or social media pages and clicks through the Amazon links on your site, you will earn commissions from Amazon on qualifying products bought during that session.
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
If you don’t mind doing other people’s chores, then TaskRabbit is a great option for making money online. Earn extra income by walking your neighbor’s dog or mowing Mr. Smith’s lawn. It might seem like not the most lucrative option, but the top taskers reportedly earn as much as $7000 a month, making this a full-time way to make money online for some.
I’m really interested in the wave of productized consulting that seems to be swelling up recently. To put it in layman’s terms, an individual (usually a freelancer or consultant) who has a very specific skillset packages their services up in a way that makes it appear like a product. Some people are hesitant to work with individual freelancers, but if you look and sound like a company, they are much more at ease.
TechCrunch is a popular Web 2.0 blog and makes a reported $200,000 per month. Originally started by Michael Arrington, it was eventually acquired by AOL for a reported $25,000,000. There is money to be made by blogging and it’s cheap one of the cheap and easy home based businesses to get started with.
eGobie handles one of life’s more important, albeit time-consuming daily errands. The company specializes in mobile car wash/detailing services and mobile oil change service. With the use of a smartphone app, customers can order these services with a few clicks of a button. Customers can register for a free account, log in, tell eGobie what service they would like to receive, when to receive it, and where to receive it.
Do you have in-depth expertise about a specific hobby or any other subject? You could create a website that offers your expertise to others for a price, like offering a music lesson over Skype for a fee or charging for video lessons on gardening. You can make extra income or become wildly successful with this method of making money online.
If you’re looking to build a new career online, the first ten ways we just ran through are some of the best, long-term plays for making money online. However, for a lot of people (myself included), you probably want to find other, quick online business opportunities where you can start seeing a return more quickly.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Pro Opinion, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
Like I said, this process can be a bit overwhelming. And that’s why I put together this free master course to help break this entire process down into easy to follow steps that’ll get your blog off the ground and generating readers in less than 1 week.
Although if you already have built yourself a strong audience, whether through your content or your social media, then you can dive straight into their “Growing Business” plan, which gives you access to even more features for just $10.
The dramatic growth and success of eBay has spawned many competitors featuring auctions or online marketplaces for diverse items. Whether you want to clean out your closet and sell your designer clothing online, or develop a high-volume online store, you can make extra money or big dollars on sites such as Amazon.com, Etsy.com and more.
Some people have made big dollars by owning desired domains and selling them to hungry buyers. For a minimum investment of buying domain names you feel will be popular (typically $10 to $20), you might make a big profit selling it down the line.
If you’re willing to spend a little more, and I’m talking about $5 more here, I’d personally recommend GetResponse with their most basic plan costing you $15 for up to a thousand subscribers. Even then, they also offer a generous 30-day free trial, more than enough time to get your business up and running.
You know those top-down cooking or craft videos you just can’t seem to get away from these days? There are people out there making a living from them. 78% of B2C companies depend on user-generated content, like those videos, for their marketing campaigns. You can sign up as a creator on a site like Darby Smart and potentially work with brands like Nordstrom, Mattel, and BarkBox. Or, use them to build your YouTube following and monetize through ads and views.
Set strategic prices: The $37.50/hr you earn at your day job doesn’t even come close to the hourly rate you’d need to charge, in order to create the same net annual income, once you’re self-employed. This infographic on calculating your freelance hourly rate can help you decide what to charge.
Now, it’s time to plan out your show. If you’re doing an interview-style show, you’ll now want to start getting some guests involved. You can use your existing social network to reach out to people you already know or are connected with on Twitter or Facebook. You can also head to Medium or Amazon to find authors or experts on topics specific to your niche.
While Etsy is a great place to get in front of potential customers who wouldn’t have otherwise found you, once you’re up and running and have built a decent audience, you can move your store over to Shopify and retain a larger portion of the income you make from selling your goods.