For one, you’ll want to have a high level of domain experience within the industry your startup is going to operate. This means a deep understanding of your customers, the issues they face, and an idea of potential solutions they’ll be willing to pay for. This is the minimum you need to get started.
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.
You’ll also need to provide evidence that other clients have been satisfied with your services. Depending on the nature of the service you provide, you may choose to do this in a few different ways. Testimonials from clients are a great way to establish your credibility. An online portfolio of your work might be another option (for example, landscapers might include pictures of well-manicured properties they designed and maintain). However, if the confidentiality of your clients is important, you may need to approach this a bit differently by including more general descriptions of problems you’ve encountered and steps you’ve taken to solve them, with no names or clues that could give away identities. If privacy is important to your clients, then visitors to your site should be able to understand why you can’t reveal names and exact details. But again, don’t assume they’ll know. Be sure to explain this.
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.
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.
The second part of the equation is consistency, as you can’t build a strong social media following without consistency. While you can post onto your preferred social media platform manually, it can end up becoming a real chore.
If you have an interest or skill in web development, there is a big demand for designers to build winning sites for businesses or organizations. Sites like eLance.com are a good place to start to find clients and build your portfolio.
And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012.
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.
Here’s my online business idea: A website where you can enter in the name of your online date and the business will research the person for you. So let’s say you find someone on a site like Match.com that you want to set up a date with, but you want to learn more about them first. You can submit the name into this website and the business will research all of the social profiles and anything else they can find online about the potential match for a flat fee. There would also be an option for a background check.
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.
If you’re a person who loves leaving customer reviews on sites like Amazon, stop doing it for free. Word-of-mouth advertising is still a huge lead generator for many companies, and a lot of businesses are willing to share a portion of their profits with persuasive individuals who will promote their products to the public. If you have a personal website with a large following, this might be easier to accomplish (PR reps are always seeking out brand advocates they can send free samples to). Smart Passive Income breaks down three types of affiliate marketing and explains which one is most profitable.
When was the last time you went to a new restaurant without looking it up online beforehand? Or bought a product that didn’t have at least a few 5-star reviews? It seems like more and more our world is run on reviews. And you can make money online by writing them. Get started by creating accounts on sites like Vindale research, Software Judge, FameBit, CrowdTap, Influence Central, and Modern Mom. However, before you run off and start writing, be sure to check the small print on each of these sites. Writing reviews isn’t a huge source of guaranteed income and you want to make sure that it’s worth your time before you get going.
Starting a business these days is also surprisingly cheap. If you’re dying to get out there and start making money online, but you think that surely you’ll need thousands in the bank first, we’re about to prove you wrong.
You’ve thought about it every year. You’ve gone over countless online business ideas in your head and imagined what your life would be like if you could quit your job and generate money on the internet.
“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.”
For those who are getting into the world of ecommerce or looking to start their own online businesses, then do be sure to check out our recent in-depth reviews of ecommerce platforms like Shopify, Big Cartel, and Squarespace, which offer free trials.
There’s nothing more off-putting than a poorly designed website, and often, it kills credibility. If you know HTML and have a good eye for design, you can launch a service to create attractive, easy-to-use websites for small businesses. Put your skills to good use for business owners who want to take their online presence to the next level. Build a comprehensive portfolio, and then create your own website to show it off and attract a steady stream of clients.
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.
The most important thing you need before you do anything else is a problem. What do people need that they don’t have? What solution is currently out there that you can do better? This alone is the basis of every great startup.
Blogs are a time tested form of online business that can always be monetized through adsense, affiliate links, advertising, and a number of other creative applications.There are two big reasons why a blog should be your first online business.
Got a thing for numbers? Plenty of companies pay talented contractors who are good at data analysis, making this a potentially lucrative way to make money online, if you have the right credentials and experience. Platforms like Upwork and Digiserved are just two of many websites that are great for freelancers with an analytical prowess.
We’re looking for web development experts to join WebsiteSetup. We’re mostly interested in content that helps people build better websites. If you’re interested in contributing for WebsiteSetup, contact us.
Walk around your neighborhood or town and I’m sure you’ll see tons of great local businesses with terrible design. However, with increasingly easy-to-use tools like Adobe Illustrator, Stencil, and Visme, just about anyone with a creative mindset and a good amount of motivation can start making money online by being a graphic designer for local companies.
You can get a decent 3D printer these days for around $3,000 large (2), but be warned: if prices continue to drop and ease of use continues to increase, it may not be long before 3D printers reach critical mass.
Sites like SocialSpark offer bloggers cash for authoring and posting original copy about products or services to their sites. Just make sure to pay attention to FCC disclosure requirements when you’re getting paid to promote.
Or you can instead focus on growing your own social media accounts. And if you garner enough influence within your network, you can build a business as an influencer that works with brands to promote products and services on your account.
If you have a fondness and talent for taking pictures you can make extra money online by becoming a stock photographer and selling your images to a stock photo company like ShutterStock or iStockPhoto. You’ll get royalties every time someone licenses an image you’ve submitted. To really be successful, build your own photography website to be able to showcase your portfolio and start getting higher-paid private corporate work.
Amazon is one of the most popular affiliate programs in the world, and it’s getting more popular by the day, but it really shouldn’t be considering the commissions are so low! It’s not just Amazon that you can affiliate with; there are 1,000 affiliate programs to choose from. Although Amazon can be lucrative, there are some much better options out there, allowing affiliates to earn up to 75% commission in some cases! Work in your own time
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.
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.
Podcasts are super hot right now, and for good reason. With how busy our lives are getting, more and more people are looking for passive ways to take in content. Which makes them both a great opportunity to build an audience and to make money online.
“I have true agency over my work, because I know what I stand for and I have tools to fix the things that I encounter in my life,” Kanyi Maqubela told Fast Company about the course he took as a Student at Stanford.
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.
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.
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.
The idea behind a niche website is to target a specific niche (for example, a specific kind of photography), rank on Google for the keywords related to that niche, and then turn that traffic into earnings through affiliate offers or through selling your own products.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
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.
Most predictions say the market for 3D printing will reach $16.2 billion by 2018 (1), and you can take a chunk of that by printing 3D blueprints, prototypes, and anything else your customers need. You’ll probably want to start by focusing on one niche, like: 3d printing for dolls, etc.
When you’re selling a service, however, you are the product. So establishing your credibility–essentially establishing your value–is critical to closing the sale. You need to not only establish the benefits of the service you’re offering but also establish the value of you providing this service.
On the other hand, with our Facebook audience, we’ve found videos to be particularly powerful in terms of bringing in new followers and engaging our existing followers. It’s also a great platform for us to promote the latest post on the Foundr blog, and the occasional motivational quote as well.
2. Take advantage of sites like eLance.com. Depending on the type of service you offer, professional services marketplaces like eLance.com , FreeLance.com and Daylo.com may be a great source of clients and leads. Post your qualifications and bid on posted jobs, using your website to help close the deal once you’ve entered into a one-on-one discussion with a potential client.
Websites aren’t too dissimilar to stocks. Many are junk, but some can generate serious income for you, making buying an existing website a strong potential idea for making money online (if you have an eye for spotting the diamond in the rough).
Parking is at a premium in most thriving cities. Renting an unused space in your driveway or vacant deeded parking space can generate additional income. Advertising availability on Craigslist exposes this opportunity to local people, and up-and-coming apps like JustPark also allow you to easily rent out your parking space when it’s not in use.
Scent Trunk creates a custom perfume for you based on your preferences. How it works: for free, we’ll ship you 6 scents to test out. Once you provide feedback on those (what you love, like, and hate), we’ll send you a perfume based on your exact tastes. People love the opportunity to customize the perfect perfume for them.
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.
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.
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.
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.
You can test your market. If you have an idea, start blogging about it. Answer the common questions people might have and provide valuable content in your idea’s niche. Once you have an audience, you can pitch a product/service to them and effectively test that market before jumping into it.