Making money online is easier than ever, but there is now an array of options to consider, and earning on the internet is a viable career option. While money may not be able to buy happiness, it certainly helps pay the rent and ensure the cupboards are full. Of course, a million adverts declare that you can make millions online, and few can be trusted. However, as more people are using the internet to make a profit and avoid the daily commute, it’s certainly more possible than ever before. If you’re tired of your boss or just looking for a way to make some side cash, here are the three most popular ways of making money online.
1. Become a Freelancer
If you like working from wherever you like, becoming a freelancer could be your dream job. Most people have some talent that can be leveraged to make a profit, so it’s often simply a matter of finding your niche and seeking the right clients. If the idea of dictating your hours and working from a beach-facing cafe (or even from your bed) sounds appealing, here are the most popular freelance careers to consider:
Writing
Content is one of the most sought-after necessities of the digital age. Brands have little to promote without fresh content besides special offers and sales.
It came first because, in recent times, it has been one of my best methods of making money online. As a freelance writer, you can earn an average of 50 cents to a dollar per word. Some people even earn twice as much!
You should know that it doesn’t start like that but that you must build your portfolio, resume, and the like.
It is a viable method of making money online if you’re passionate about writing. But if writing is not your thing, don’t even dream of being a freelance writer. It will cripple you!
Yes, it will cripple you, and that’s because success in freelance writing business requires a whole lot of dedication and time. So it would help if you were sure you were caught up to jump on the ropes.
So you say, “It’s what I can do, Theo.” Fine. The next thing you want to do before contacting freelance writing companies is to have a web presence – a blog. You have a blog where you share your awesomeness, which is your explosive thoughts on writing.
Don’t have enough budget to create and run a blog? A simple LinkedIn profile works, too, to get started. Alternatively, start by signing up for Fiverr or Upwork and earn money using your extensive vocabulary.
When you are sure of your readiness to jump on the freelance writing boat, start with these 50 great resources.
However, if you are a wordsmith and know your onions well, you think you can make money online.
Online Teaching
It is an excellent way to earn money online, as you create a course on a subject and then make it available via your website or social media accounts. You will need background knowledge of the subject and the ability to weave words out, too. I have friends who make their entire monthly income through this model.
Nowadays, many platforms like Chegg are available for you to teach online. You must undergo a rigorous application process, but a competitive salary is more than achievable. You don’t need to stand in a classroom dealing with unruly children all day to be a teacher in the digital age. Teaching a foreign language like English is highly demanding and profitable. People want to join online classes worldwide.
Marketplace Gigs
Always keep an eye on Facebook Marketplace and Craigslist for short-term gigs. Many roles are advertised on these marketplaces, and while there are often scams to dodge, you could find the perfect data entry job or a temporary laboring job quickly and easily.
2. Get Creative
Of course, selling your creativity is more than possible in the digital age. Whether you’ve written a book, are adept with crochet, or can build cosplay armor out of foam, people are willing to pay for your creative products. Look at selling platforms like Etsy, eBay, and even Amazon for the best places to put your creative output. If you’re a writer and don’t have the patience to find a literary agent and get published, remember that author like Becky Chambers self-published her first book and then got agent representation. No matter your creative skills, you can be sure there is a demand for it.
More people than ever are choosing the internet as their main source of income. Online earning will always be a risk, but it could answer your financial worries with savvy and clear planning. With almost endless opportunities to make a profit, isn’t it time to look a little closer at the money you could earn online?
3. Sell Your Stuff or Service
There are many ways of making money online these days, and one of the prominent ways is to sell something and make even more money online, such as creating a simple PDF version of a book, a plugin, or an application.
Mahatma Gandhi once said, “The best way to find yourself is to lose yourself in the service of others.” Much the same, the best way to earn money online is to lose yourself in serving other people. There are many service-based businesses to jump on: web designing, freelance writing, and the like. Just get creative.
4. Build a Website and Sell Ads
Entertainment and gossip sites have the chance of going viral as a lot is happening in our world today. There are loads of exciting things happening in the music and movie industry worth covering. You can build a website where you can write about these things. Once your site takes shape to go viral, you can apply ad codes on the site and start making money month-in-month-out.
Sponsored posts are quite popular for earning money online. You can help big companies publish branded content on your site and make money from as low as $10 upward.
5. Amazon FBA
FBA, which stands for Fulfilled by Amazon, is a program where you are allowed to buy products and then ship them to Amazon for them to store for you. When your program starts to sell, Amazon packs them up, ships them out, and sends your money to you (after taking their cut). People are killing it with this online money-making method.
6. Investments
There are many ways to invest the money that you have in your savings. Some are higher risk than others, and you’ll need a clear idea of what you can spend. If being an investor sounds like the ideal career, then consider investing in:
- Stocks
- Bonds
- Physical Commodities
- Foreign Currency
However, cryptocurrency is one of the most famous avenues for high profits via investment. If you learn how cryptocurrency works and how to trade it successfully, you could generate profits you never believed possible.
Preparation before Making Money Online
1. Get a PayPal Account
If, at this juncture, you don’t already have a PayPal account, you might want to get one. It’s the standard in online business for receiving payment and paying others.
2. Be Highly Efficient and Professional
Professionalism and efficiency are what continually roll the cake towards you. What I mean by this is that people will like to buy from or do business with you the moment they realize that you are efficient and professional in what you do. Simple, right?
3. Be Honest
Whatever you do, make sure you are honest. So, if you are selling second-hand/used items, let people know from the onset. Don’t let them find out for themselves. It will affect your sales next time.
Conclusion
These are the top ways to make money online. I’d like to hear what steps above you’ve tried or any you’ve personally tried that work fine for you.