You’ve heard of antique dealers and even car dealers, but what about dealing in domains? Domains are internet real estate and like real estate they could be considered as an investment. Don’t just buy any domains, spread your risk with a portfolio and make sure you hold out for the highest price possible.
It works like a map app, but instead of just showing you the businesses around you, it will show you their products too. So if you want to know where the closest, cheapest snickers bar is, you can two finger tap your way there and find it within walking distance for $0.75. But you may be able to find it within 10 miles for $0.25 if you’re willing to drive.
There are freelance sites, such as the popular oDesk, that often have jobs for virtual assistants. Just as with physical assistant positions, you will get paid for helping executives with a wide variety of tasks.
The second (and cheaper) path assumes that you have the design and dev chops yourself to build your dream software. Naturally, it’ll take more time to get your product off the ground, but being able to bootstrap the development of your software lets you retain more ownership in your business and be more in control of your path.
I’m sharing everything I’ve learned over the past decade, pulling from my own experience in earning a consistent $10,000/mo or more in side income (on the side of my day job) from online sources like affiliates, courses, freelancing and other ways to make money online that we’re exploring in this guide.
People on your email list are not only more likely to be customers, but you can use the power of email to help nurture a lead by regularly sending them quality content through something like a newsletter.
If you need some guidance on how to connect with influencers, download our free step-by-step guide, “How to Connect with Influencers & Land Interviews.” We even include the exact “copy & paste” emails we used to contact Sir Richard Branson, Arianna Huffington and many more A-players.
If my piece of content is so unique and valuable around hiking backpack recommendations, that other reputable outdoor websites are willing to link to it and build the page’s authority, then I’d have a very real opportunity to rank high in organic search for these search terms (meaning, my page will come up first when someone searches for hiking backpacks).
If you want to clear some space out in your house and have a big stack of books you’ve been holding onto for too long, you can make money selling your books and textbooks online. Stores like Half Priced Books and others will give you cents on the dollar for each of your current books while you can check what your book is worth by simply entering the ISBN number on Book Scouter.
Build your audience on a course community: If you’re just getting started building an audience for yourself and want to leverage communities already actively looking for content you can choose to host and sell your online course on a site like Skillshare or Udemy. These are easy, cost-effective ways to build an audience and test your niche to see if there’s demand for it.
This is another highly valued skill in the internet marketing world. That being said, it can be a bit difficult because Google is always changing its algorithms. With it, some of the rules of search change. You always have to be on the leading edge, learning and testing new strategies.
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.
Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.
With Amazon, you can self-publish a book fairly easily, and really make money from it. There are some simple and inexpensive guides like this one to help you write your book AND have it generate consistent income.
How do you get inspiration to strike? And what do you do to remember your ideas and put them into action? Share your ideas, or any other unique sites or businesses you’ve found. I’m always looking for strange and intriguing things.
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.
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.
You’ll need to think, “growth”—both geographically and regarding services. One Concierge, operating globally and with a host of offerings, is a good role model. And judging from their membership page, business is good.
E-mail has made following up with your existing clients extremely easy and cost-effective, so there’s no excuse for not taking advantage of this source of easy extra income. Don’t be afraid to remind previous customers that you’re there.
If you need to brush up on your sales skills, check out online courses like Sales Training and Prospecting on Udemy, The Guide to Pitching and Selling Clients on CreativeLive. And once you’re ready, head over to Angel List and see if there any open sales position opportunities align with your interests.
You need to make it easy for your visitors to contact you. Provide an online form, your e-mail address, phone number, fax number, physical mailing address and any other relevant information (like the best times to call you). And make sure this information is highly visible and easily accessible from every page of your site. Why not invite a few honest friends to check out your site and time them to see how long it takes for them to find your contact information? What’s obvious to you may not be obvious to the rest of the world.
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.
Amazon partners. Many affiliate marketers have success with Amazon. There are literally millions of products to choose from, and it can be quite profitable. For more information, you can check out the Amazon Associates Program.
The reason this is possible is that there has never been a better time in history to be an entrepreneur. We firmly believe that anyone can start a business today, as long as you have an idea and the hustle.
Phase 4: Launch the course to his email list. The success of your course comes down to getting it in front of the right people. And your own audience, no matter how small, is usually the best place to start. That said, you need to have a clear idea of your launch plan before you put it live.
Pitch, cold email, and sign your first clients: Now it’s time to go after clients. Mention them in your content. Reach out to them over email or LinkedIn. Tailor your pitch to show what kind of value you bring to the table. (You can even read my personal cold email templates).
Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
Fulfilled by Amazon: Rather than drop shipping, Amazon lets you store your products in their own warehouses, making them available for Free 2-Day Shipping to Prime members. Which has been proven to significantly increase sales.
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.
Why not turn your hobby into an online business? You can monetize most hobbies multiple ways. You can create a blog about your hobby where you sell advertising. You could also write a book, create an online course, or provide training online. You could set up an ecommerce site where you sell your products. If you are ready to get started, check out our guide to start a small business.
How about setting up a business that focuses on outsourcing? Most successful service providers on the internet find that they need external help at some point. They might have a blogging client that requires logo design. They might have a guest posting service client that needs web design . Instead of actually providing the services personally, you could outsource and take a profit margin of your choice! Make sure you learn how to outsource first!
“I always tell podcasters to use as many streams as possible. Don’t just sell ads on your show. Don’t just sell T-shirts. Don’t just do crowdfunding. Do all of it. Combine it and find the right mix, and together it adds up to something that’s stronger and more dependable.”
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Selling on eBay successfully is not easy. You need to be able to able to target a niche where the profit margins are high and competition is low. If you pick the right product (particularly unbranded products) you have a chance to import items and make huge profit margins. SaleHoo is awesome for finding suppliers.
Decide what your goal is: Do you want a bit of extra income or are you looking to go full-time freelance? It takes time to ramp up a freelance business, so it’s important to know your goals from the outset.