7 Realistic Ways to Make Money Online
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Whether you're looking to make some fast cash, or you're after long-term, more sustainable income-producing results, there are certainly ways you can make money online today. The truth is that making money online isn't as difficult as most make it out to seem.
It does require some discipline. However, if you're looking for realistic ways you can start earning money online now, then it really truly does boil down to seven paths you can take towards profit. Some will provide you with immediate results, helping you to address your basic monthly necessities such as rent, utilities and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
No matter what method you select for generating your online income, there's one very important thing to understand. Money can be earned and spent, saved and pilfered, invested and wasted. Not time. That's why time is far more valuable than money. You can't recreate time. Once it's spent, it's gone forever.
When you lack the luxury of time, making money on or offline can seem like an impossible task. How are you supposed to do that when you're working at a life-sucking nine-to-five job? While the stability of full-time employment might allow most to sleep well at night, it doesn't empower your creative juices to search for new income-producing strategies. No matter what method you end up using to generate an income on the web, you need to adjust your mindset to help empower rather than discourage you.
The truth is, making money online can be fraught with avoidable pitfalls. Cancel the noise by keeping a few fundamental guiding principles in mind. If you're at all serious about generating a full-time income and possibly more from your online activities, then you need to focus on passive income as opposed to active income. Sure, the active income will help you survive. That's the scarcity mentality at play. But it's the passive income ideas that will help you thrive.
Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions.
Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income?
Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today.
Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop. Anyone interested in making money online should be pursuing passive income, while also working on active income.
There are loads of ways to generate an income passively on the internet, many of which start at the foundation of having a blog, generating substantial traffic and building an audience and a list. It's not easy, but it's worth it. That doesn't mean you need to start a blog to make money online today.
You could opt for a non-blog-starting route, but if you're looking for longevity in your income-producing abilities on the internet, then a blog should be your primary aim.
If you're looking to address some immediate financial needs, then the app economy is likely right for you. Uber or Lyft : If you're in a locale where you can find Uber or Lyft, or one of the many competitors around the world such as China's Didi, the hours are flexible and you can work as you see fit, making it perfect, even if you currently have full-time employment but are looking to make some money on the side. Postmates : You don't even need a car in some locations to make money with this app.
In some major metropolitan areas like Manhattan, a bike would suffice. All you have to do is add rebates, go shopping, then snap a photo of your receipt to earn your cashback.
Simple and effective. Task Rabbit : Another simple and straightforward app for making a bit of side-hustle income is the Task Rabbit app. Tasks can be anything from simple repairs to more exhaustive undertakings. The app carefully vets each service provider to ensure the highest quality, and it's a great way to make some extra income on the side on your own terms. Ebates : This app offers a simple way to make money online by buying whatever you're already buying and then getting a cash-back reward.
With eBates, there is no scanning receipts. Simply click a link in the app and buy it from the store. You'll automatically be credited with your cash rewards upon purchase along with receiving an email confirmation. Swagbucks : With Swagbucks, there are a number of ways you can make money. You can shop online, watch videos, answer surveys and surf the web. The app gives you both cashback and gift cards as a reward for your efforts. Inbox Dollars : Another app you can use to make money online is Inbox Dollars, which pays you for watching television, taking surveys and shopping.
There are cash offers here and it's relatively similar to some of the other apps in this arena. You could also opt to use existing websites for making money. These include both active income and passive income methods. For example, you could sell some used items or invest in creating some digital designs that then can be sold on merchandise. Again, devote a sizable portion of your time to passive income so that you can slowly build up earnings that will arrive on autopilot without any extra added effort.
Of course, a large portion of these sites do have their own respective apps. But these are certainly less involved in the gig economy, and more so in the longer-term projects that exist in the fields of photography, online marketing , graphic design and web development, for example. Craigslist : This site has been the go-to resource for over a decade now for people that are looking to make a bit of extra money online. You can easily sell your used stuff, rent out a spare room in your home or apartment, and offer up your services to the world.
Upwork : This website offers a great marketplace for selling just about any professional service. You don't need a merchant account, a website of your own or anything else for that matter. All you need to do is be able to provide a high-quality service at a reasonable price.
But be informed, you will have to compete with many others that are constantly bidding on open jobs. Cafe Press : This website allows you to create digital designs that can then be sold on the platform. You'll earn a commission for everything that sells and you'll never have to deal with logistics like printing, warehousing and customer service.
If you have some graphic design skills, then this is a great potential source for your web-based income. Mechanical Turk : Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.
Flippa : If you have a penchant for buying and selling, you could use Flippa, and its higher-end counterpart, Deal Flow Brokerage to buy and sell websites for a profit. You'll need to know what you're doing here, but you could easily make a sizable income by flipping income-generating websites for profit.
Etsy : While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products such as poster designs.
Shutterstock and iStockPhoto : Have a keen eye for photography? Why not sell photos on some of the leading photography sites. You'll need some design software skills to tag along. But if you do have skill in this arena, it's a great potential source for passive income. Threadless : Similar to CafePress, Chicago-based Threadless also allows you to sell digital designs in the form of t-shirts and other merchandise such as phone cases, mugs, beach towels and so on.
Zazzle : Another great resource for selling online is to use Robert Beaver's Zazzle. The site is somewhat similar to Etsy and virtually anyone can make money online selling a variety of items here. From art to handmade items and customizable products, you can pretty much sell anything here.
If you're ready to enter the ecommerce fray, you could sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements.
For starters, you'll need a website and a hosting account. You'll also need a merchant account like ones offered by Stripe or PayPal. Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing. You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service and refunds. But that's not all. You'll also need traffic. Think search engine optimization , Facebook ads, and other social media campaigns.
It is hard work, especially on your own. You could opt for Amazon's platform, which might be an easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
Shopify : Want to build your own storefront? You could opt to create a Shopify store.