Keep your costs down. In order to turn a profit on what you're selling, choose to sell an item that's inexpensive to make. Lemonade is a classic because all of its ingredients (water, sugar, lemons or lemon juice concentrate, and ice) are fairly cheap and easy to obtain. Popsicles are another favorite because they can be bought in large quantities from the store!
Online poker is fun. You get to play games for money! I even know a few people that make a lot of money playing online poker. But obviously, I had to list it because it’s interesting to think about. Obviously, there are a few drawbacks to making an income from online gambling. It’s highly addictive, whether you’re good or not. And if you’re not good, you can lose everything very quickly.
Mechanical Turk is Amazon's take on micro-jobs. These are small miniscule-jobs that you can do for other people, which they call HITs, or Human Intelligence Tasks. These are super simple tasks that anyone can do. Some examples are listing off some URLs with certain kinds of images for one cent, or recording a few phrases with a microphone for 6 cents.
Be a private cab driver. Companies such as Uber and Lyft have set up services that connect drivers with people who need a ride and are willing to pay for it. In order to take advantage of this opportunity quickly, you must own a car, have a valid driver’s license, and meet other qualifications. It might take a little bit of time to get registered as a driver with the service, but once you are, there are opportunities to make money fast because these services are in high demand.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
Get paid to search the Web. Sites like Swagbucks.com and Zoombucks.com will pay you to use their online interface to search the web. To qualify, you need to be willing to download their search bar and use it for everyday Internet use. The only caveat that comes with this “gig” is that you might be paid in gift cards instead of cash. If you can parlay those gift cards into items you need to buy anyway – like groceries or gas – searching online can be a lucrative way to spend your free time.
Many work-at-home companies hire you as an independent contractor as opposed to an employee. That means you are responsible for submitting your own tax payments. Taxes won't be taken out of your check like you are probably used to. It's so important that you keep good records of your income – and expenses. I highly recommend Quickbooks Self-Employed.
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.
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.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off, there’s still plenty of others that you can get your hands on for relatively cheap and broker as a way to make money online. Before you dive in, however, beware that some experts doubt the long-term viability of this idea for making money online. However, there’s always the change you might just land on a lucrative domain name for a future billion-dollar company. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names.
Copywriting. Bloggers and business owners are out there looking for freelance writers to help them with their internet marketing campaigns. If you can write a good video marketing script, sales copy, press release, product reviews, website content and advertising copy, you can make money doing exactly that. You may need basic SEO skills since most of these copywriting jobs require some knowledge on how search engines work. These people are looking for traffic, and they will only hire you if you can deliver that.
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.
The secret to making money isn't working at a high-paying job, it’s finding creative solutions to people’s problems, and it doesn't take a fancy degree to do that. To get your creative juices flowing, check out these common and not-so-common ways of lining your pockets. Below that, you’ll also find more general financial advice as well as some money-making ideas for kids.
“I dreamed of creating a community that empowered people and gave them the tools to achieve their dreams. At the time, I felt unfulfilled and unhappy with my job and life, so TNC rapidly became my after-work obsession...I am crazy about helping others find that same “something” in their lives. Whether it be sharing all of my lessons learned so you can grow the biz of your dreams or reminding you why you’re ready, even when you think you’re not, I hope TNC unlocks something BIG deep inside you.”
If you are more confident in your skills, you can also market directly to websites and blogs. You can contact the sites by email to market your services. That will also enable you to select the specific types of sites that you are more comfortable working with. Since there are literally thousands of websites and blogs on the web, the potential market is limitless.
Smoking is on the decline, but those still hooked on tobacco will pay almost anything to satisfy their nicotine habits. The same is true for drinkers of caffeinated beverages. Appealing to vanity is another lucrative business. Think of all the money spent on face creams, hair coloring, botox injections, body-slimming gyms—and all the gorgeous clothes to fit on those magnificent bodies.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.