But don’t make the mistake of thinking this will be a passive source of income—you’re on call whenever you have a guest and you’ll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens’, Royal Day Out in London, England—where she gives visitors a local’s only tour of the city, complete with bespoke 18th century costumes.
With North Pole Notes, subscribers sign up to send personalized and unique letters as Santa Claus, not just in the holiday season, but ALL year. Perfect for parents, Godparents, Grandparents, Aunts, and Uncles, or just about any gift giver!
By the end of the week, hopefully, your book has eclipsed the top 5,000 or 10,000 overall paid ranking. From there, raise the price to $2.99, and continue raising the price $1 at a time every few days until it stops selling (then, lower it back by a dollar). This will tell you the optimal price for your book.
Journalists, doctors, lawyers, academics, and researchers record interviews every single day and need someone to transcribe what’s been said. So, if you’re comfortable with listening to the same audio over and over while writing it down you can make good money online doing transcriptions.
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.
Find a profitable market. Brainstorm some ideas, do keyword research, and try to get as specific as possible. For example, there is probably a lot of competition for selling surfboards. But if you narrow it down to surfboard racks, you may have a better chance of standing out in the market.
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
Also, no matter what your career, it’s important to diversify where your income is coming from. This means having multiple revenue streams from multiple sources, like selling your freelance services, affiliate and passive income, as well as coaching and other online odd jobs.
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!
We personally use Infusionsoft at Foundr, because we have a subscriber list of over 300,000 people. For someone just starting out, however, there are several tools out there that you can use to get your email marketing into shape and even create automated email campaigns.
Social media is an important part of any online business. The problem? Time! Most business owners simply don’t have the time to be involved with Twitter, LinkedIn, Face Book and other sites, in a pro-active way. That is where you can help.
There are tons of sites online that will either buy your old smartphone outright or let you list your phone for the thousands of people out there not willing to shell out $1000+ for a shiny new iPhone. Check out Orchard, Gazelle, Swappa, or Glyde to make extra money online by selling your smartphone or other electronics.
Do you enjoy taking surveys? Some companies will pay people to take surveys so that they can gather valuable consumer and user data. It might not be the most interesting way to make a buck, but you can find websites like CashbackResearch.com that offer cash for your opinions.
Instead, go with a self-hosted site (like my blog here is)—this means your blog will be hosted on your own server and you’ll have full control over it. There are tons of highly reputable, affordable companies you can choose to host your website, like Bluehost, Kinsta, or A2 Hosting.
While you’ll certainly have higher levels of success if you can nail creating and marketing your own unique product, from my own experience (and that of many other entrepreneurs), I know the extremely high costs and risk associated with starting a product-based business.
At the forefront of the internet revolution has been ecommerce stores. Nowadays you can get an easy to use, fully functional ecommerce store design for as little as £500; then you just need a domain and hosting. Of course, how much you profit depends on your methods and effectiveness of marketing which might include:
Copywriting is the art and science of strategically delivering words (whether written or spoken) that get people to take some form of action. It can range from anything to sales pages, to email marketing, to even quality blog content.
Once you’ve launched your blog (or niche website), the next step is figuring out which products and companies you can partner with as an affiliate to help facilitate sales of a related, helpful product for your audience of future readers.
Validate the book by giving a survey to friends, an email list, and/or survey sites like Pickfu. By validating your idea before you write the book, you’ll improve the odds of people willing to buy your book (and you’re not wasting your time by writing it.)
Believe it or not, some people have such a difficult time with dating, they don’t even want to participate in the online (or app-based) component of it. If you’re a smooth talker, you can leverage that skill into making money online as a matchmaker on sites like eFlirtExpert.
Taking a successful business model from someone else and building on it is no crime. In fact, it is how most leaders build businesses. It doesn’t always take a “stroke of genius” to get to the top. But when those once-in-a-lifetime ideas strike, your window to act may be small. I don’t accept the idea that all of the good ideas have been taken. These five unique businesses are proof that you can find prosperity, even in a market that may not have even existed when you first had your idea.
Starting up a business is by no means an easy task. If you want to learn how to make money online, you need to have good business ideas, but you also need a great marketing plan. The good news is with a domain and hosting, alongside some basic skills, your ideas can become a reality. Each of the internet business ideas below are competitive niches, so make sure you go in with all guns blazing!
If you don’t already have an audience, it might be better to self-publish on Amazon first. That way, you can validate your course idea, grow your email list (just make sure to have an email opt-in at the front and back of the book!), and more or less create a rough draft of the course (since it will probably be similar to the book).
I tried it and received an unusual, metal, spider-like object. It winds up and moves along the floor or tabletop. I looked it up and found that it usually retails for about $28. While I wouldn’t necessarily have bought it in the first place, for $10 I got a pretty good deal.
Writer, side project aficionado, and part-time entrepreneur. Join me here, on ryrob.com and learn how to start a business while working full-time. Let’s chat on Twitter about business and side projects.
Selling graphic T-shirts is big business. Customized T-shirts with clever sayings or graphics are ideal for online sales. Sites like Teespring allow you to sell customer shirts. Teespring’s unique model allows you to design the shirt and get buyers lined up to purchase it. This saves you from the initial investment in stock and the time on processing and shipping orders, though you’ll likely make a smaller profit on each shirt sold.
For the former, do a smoke test by building a simple landing page advertising your product and what it’s all about. You don’t need a ton of bells and whistles; all you need to know is whether or not people will actually pay money for it.
A lead magnet can be anything from a YouTube video, to a cheatsheet, a webinar, or even an ebook. As long as it’s filled with information that your audience wants, you can promote your lead magnet anywhere in order to get more signups to your list.
With over 350,000,000 websites on the internet, there is a huge demand for content. If you have experience or skills relating to writing, offering a blog posting service could be for you. Lower paid projects might start at around £1 per 100 words, with quality focused projects being in the £2.50-10 per 100 words range. Sites like People Per Hour and Elance are great for picking up paid writing gigs, without actually having a website.
Are you interested in home decor? Do you love re-imagining home spaces? Consider a career as an online interior decor. You can create mood boards, set up design strategies, and make furniture and fabric recommendations all online.
The greeting card business has been huge for years, and it seems to get bigger with every passing holiday. Fetal Greetings offers a special opportunity for expecting mothers: To have their baby greet the world in the form of a card! Holly Nill-McKay started the company in 1999, and while the idea may sound strange, I love it. It’s a great example of a unique and clever idea that builds on an existing industry. The cards themselves are cute, and they make wonderful surprises to send to family and friends to announce a pregnancy.
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.
Sites like Tutor.com and TutorVista.com will connect you with people looking for help learning a subject, and you might be in particularly high demand if you’re good with math, science or a foreign language. You have to go through an application process, and once you’re approved you can start getting paid.
Ask yourself, “Is the product in a growth market?” If your market has already passed its peak (i.e. the VCR market) and is on the down slope, you probably don’t want to get involved. Instead, you want to get into an industry that’s on the upswing – that’s where you’ll have the most profit and growth potential.
It takes time and effort, but website owners like myself and Pat Flynn of Smart Passive Income, have built life-changing careers through affiliate marketing. In fact, Pat even publishes his income reports online, showing how he made over $2 million in the past 12 months alone.
1. Network with other local businesses. If you want local traffic, start making personal connections with other local business owners–preferably those with sites of their own. Look for ways to position your service and your site as a resource to their customers, and then request a link on their site or get permission to leave your business cards (printed with your URL, of course) in their lobby or next to their cash register. Even consider rewarding local business owners for sending traffic and leads your way by offering them a special gift, a discount off your service or even a portion of the profits.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.