Keep in mind that you don’t just start a blog and expect the money to roll in. You need to create content consistently, and it also needs to be content that educates, informs, or entertains people. In other words, it needs to capture their interest in some way.
Many small businesses don’t have room in their budget for a full-time IT employee, so when their systems go on the fritz, they’ll usually call a computer-savvy friend or family member. If you have experience working on computers and networks, you can eliminate their need to call in a favor and offer immediate remote technical assistance.
Trust me, tons of parents will pay you to edit admissions essays and offer constructive feedback for their children. Look for open positions at top editing companies like Scribendi, Top Admit, or Essay Edge or post your services online on Craigslist and other marketplaces.
To keep things simple, though, I’d recommend creating an ebook. You really can’t go wrong with the trusty ebook, as it’s a fantastic way to provide your audience with quality content, introduce them to your brand, and establish yourself as an expert in your space.
If you’re a longtime reader of Foundr, you’ll be familiar with this simple tool. If you’re not, the business model canvas is basically a worksheet that helps break down the nine essential elements of your business. It’ll allow you to take an objective look at your business idea and consider areas that you might not have thought about before.
Sure, some of them may be good for creating a few hundred or even thousand dollars in one-time revenue. But they’re not going to help you unlock financial freedom and achieve complete control of your lifestyle.
Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant products.
The difference between operational and successful is in mastering man’s greatest nemesis — time. Get firsthand accounts from successful entrepreneurs who have grown their home based business into online behemoths.
The sites that hold the most value on the web hold the most valuable content. Face Book holds information about what hundreds of millions of users. YouTube possess millions of funny, educational and controversial videos. If you can create a website that focuses on offering valuable resources, then you just might be onto a winner.
The key thing to remember is that at this point you’re not trying to build a fantastic, well-developed website just yet. All you’re trying to do is create an MVP website that you can start directing your customers and potential audience to.
Blogging is a viable business opportunity that allows you to choose a niche that really suits you. And you can make money through advertising, affiliate links, infoproducts or any number of other avenues.
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.
If you own a car but barely use it, you can make some easy money online by renting it out on Turo. Before you freak out, rest easy knowing there’s a $1 Million insurance policy on all cars rented on Turo, plus drivers are prescreened.
Just on the Foundr blog, we’ve got full articles detailing how to do a product launch, in-depth guides on how to grow your Instagram account, the best ways to come up with a startup idea, and so much more. The best part is that it’s all free.
If you’re a skilled worker in a specific niche, like marketing, design, or software development, there are specialty marketplaces that cater just to you. These are amazing places to make money online as you know that the people visiting them are looking specifically for the skills you have. Check out places like 99Designs or Dribbble for designers, Cloudpeeps for marketing and SEO professionals, and TopTal, Crew, or Gigster for high-level software developers. Once you’ve built up your development skills, you can begin building a brand for yourself as a higher-value consultant and start charging brands for larger projects like implementing an entire WordPress security overhaul or migrating a website from http to https.
This is where you dig even deeper to understand your ideal shopper. Who are they? What do they like? How can you tailor both your product and your website experience to appeal to your perfect shopper?
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you’d like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.
The best way would be mention the idea to your friends and share on social media that you’re looking for a developer/partner, if you can find a friend of a friend or someone you can meet face to face with and give them your pitch then that already increases your odds of finding someone interested in an equal partnership.
Tracey Wallace is the Editor-in-Chief at BigCommerce, where she covers all things ecommerce: marketing, design, development, strategy, plus emerging trends, including omnichannel and cloud replatforming.She is often featured in publications, such as Forbes, Entrepreneur, Mashable, and ELLE, along with leading BigCommerce partners like HubSpot and Square. She launched her career in ecommerce with Y-Combinator backed Shoptiques.
The benefit here is that you don’t have to risk buying up stock in a product and losing money if it doesn’t sell. The entry barrier is lower and you don’t have to invest nearly as much to get started.
The ease and convenience of having a prepaid shipping bag sent to your home which you can stuff and send back to be sold online is a trend I see catching fire in the next couple years; I would not be surprised to see a number of other players in this space emerge. It’s a novel alternative to donating a $200 shirt for instance when someone might be willing to give you $50 online for it.
Building a YouTube channel is a lot like starting a blog or website, except that you’re working in video—not writing. The first step is to choose what kind of videos you’re going to create. Most successful YouTube channels fall under one of two categories:
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
Build your list by creating a lead magnet. ($10) An eBook is as low-cost as you get when it comes to lead magnets. You can easily find someone to create a great-looking design for you for $10 or less. Total cost so far: $107
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
From on-page tactics like copywriting headlines and meta-tags, to off-page tactics like building authoritative backlinks and generating social shares, everyone wants their site to be in the number one spot on Google. Lucky for you, they’ll pay you to help them get there.
Every year, hundreds of millions of documents are notarized in the United States: wills, mortgages, citizenship forms, handgun applications. While for decades, this has all been done in person, there is a budding crop of sites that allow notaries to take their services online. If you’re already a notary, you can sell your services online. Or, if you want to get started, check out the National Notary’s checklist for becoming a certified notary.
Trustwerty on the other hand is where you can find the best of the best in online shopping. Use Fakespot to find fake reviews and if you want to research the best facial masks, baby products, or electronics, use Trustwerty. Their search engine displays and ranks products based on their review quality where the authenticity is judged by Trustwerty’s algorithm.
Courses and other knowledge products like e-books, are what’s called passive income. That simply means that once the upfront time and effort is put in, with just a bit of regular upkeep and marketing you’ll be able to continue to sell and make money from them for months and years.
FakeSpot is a web tool dedicated to helping Amazon shoppers weed out fake reviews and find the most authentic products! Simply copy the Amazon product page URL, paste it in at Fakespot.com, and click “analyze.” Fakespot then calculates a letter grade that rates how much you should trust the reviews of the selected product. Use Fakespot before making your next electronic, beauty, fashion, or household purchase. You can also visit Fakespot’s website to see their curated lists of the most authentic products by genre.
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In a nutshell, affiliate marketing is selling someone else’s product by referring customers to their online store. If you can create content (on a blog) or a resource so valuable to the people looking for a certain product and then send them to where they can actually buy it, you’ll receive a predetermined percentage of each sale.
The first follows the startup path we outlined above: You have a disruptive idea for an app or piece of software, you validate the idea with real customers, and then raise money to hire developers or a development studio to build, launch, and scale your software. If you’ve done everything right, your software will be accepted to the Apple and Google Stores and you’ll make money every time someone downloads it or pays for a premium feature.
Entrepreneurship has always fascinated me. I’m amazed by the pride and sense of accomplishment that comes with building your own business, and I respect the risks that come with working for yourself. Even if your venture fails, as a business leader you still learn valuable lessons that you can use to make your next attempt more successful.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What’s more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Upwork, which makes this a high-demand opportunity to make money online.
For example, on his website, the owner of a martial arts school offered basic summary descriptions of his classes. Instead of general descriptions, he’d be better off breaking his sales copy down from his existing summary descriptions into more detailed copy that explains the key differences between his child, teen, and adult classes. By focusing on these client groups separately, he could more closely target their unique needs (and therefore attract more customers) by emphasizing the benefits that apply directly to each.
So, I put together a free master course for you to take that spreads out all of the work involved in starting a blog, into a series of action-packed lessons. My free course breaks the entire process of starting a blog down into an incredibly simple 7-day process for going from 0 to publishing (and promoting) your first blog post in just 1 week. I can’t recommend it enough.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I’ve made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.