You don’t have to start your own online business from scratch. Instead, you can build one (very quickly) by helping out people who already have a successful business. Every service business has a long list of past clients they’re most likely not doing a good job of keeping up with—but their neglect is your opportunity. It’s up to 5x more expensive to attract a new customer than it is to keep an existing one. By helping businesses follow-up and bring back their old customers, you’re saving them money (and making your own!). A follow-up business like this can be as simple as a series of emails you write for a client to help them bring back old customers (check out this step-by-step guide for videos and example pitches). All you need is some writing skills, time to research and craft an effective outreach campaign to prospects in a profitable niche.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What’s more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Contena, which makes this a high-demand opportunity to make money online.
Be professional. When you submit a résumé, don’t type it in ALL CAPS and please don’t avoid the caps lock like the plague. Know how to use it without looking incompetent. Write in complete sentences with proper grammar. Of course, there will be exceptions, but even with the exceptions, you must keep it professional. You’re building their view of you.
You don’t have to snag an adjunct professorship at your local university to share your knowledge with your peers and earn some cash in the process. Thanks to the magic of the Internet, you can cut out the middleman and teach classes directly to lifelong learners without leaving the house. Here’s what you should keep in mind to begin and maintain a successful at-home teaching enterprise:
According to International Living, an even faster and easier way to make money with e-books is to find a book that has already been published in print and license it to publish online. "The person doing the online publishing gets the lion’s share of the money—paying the author the standard 8% to 15% royalties based on net sales," says International Living. You can sometimes do a one-time payment for the rights to publish online, like Vic Johnson. "I once bought the rights to a book for $200, simply because I liked the content," says Johnson. "Over the years, I’ve made over $50,000 selling it as an e-book.” Consider this statistic: There are over 44 million print books on Amazon but only 2.6 million Kindle books—that's a lot of material that could be converted to e-books.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trips a reality.
Alibaba is a Chinese eCommerce store that matches Chinese suppliers with buyers all over the world. Prices are extremely cheap, providing the possibility of large profits. However, with the potential profits comes more risk. As you are dealing with suppliers in China, if the quality of the product that arrives isn’t up to standard there is little that you can do about it.
Short-term rental platforms handle most of the thorny logistical considerations that keep regular homeowners from becoming landlords, including payment processing and security deposits. And after a string of highly public mishaps in their first few years, they’re increasingly safety-conscious, so the likelihood is high you’ll be able to verify the identity of every person who crashes at your place.
22. Advertising – This is definitely the most old-school way of earning money with a blog. It’s also starting to become the least common way. You can sell advertising spots directly on your site or you can sign up with a company like Google AdSense or Media.net. Either way, you won’t see a whole lot of money from ads until your views are well into the thousands each day.
Thanks to smartphones, there's a boom happening right now in the audiobooks industry, which is in turn creating a demand for freelance narrators, according to International Living. “My typical ‘work day’ consists of two to four hours of recording during late morning and early afternoon," says Meghan Crawford, a freelance audiobook narrator. International Living says that even new narrators can earn an average of $100 an hour based on completed work. Joel Young is a top freelancer on Fiverr who has made more than $1.5 million dollars by selling his voice-over services. “That is an amount of money that would have taken me decades to earn without this platform,” Young told CNBC.
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If you’re looking to build a new career online or test your way into launching a small business, the first ten ways we just ran through are some of the best, long-term plays for making money online. However, for a lot of people (myself included), you probably want to find other, quick online business opportunities where you can start seeing a return faster.
Once you’ve gathered a list, put together an outreach email template (as you’ll be doing this over and over) that’s short and clear with expectations. Tell your potential interviewee who you are, what your podcast is about, and what you’re asking of them. Do a few test interviews with friends and family to make sure everything is being recorded at the quality you want and then book your first episode.
Create email lists of your business contacts and customers. To do an email marketing campaign, you first need a list of people you can email! Make it a practice to obtain people’s email address whenever they purchase something from you or you make a business connection. Create a link or option to subscribe for emails on your website and social media platforms to build your mailing lists.
Find Your Niche and Set Goals. Start by choosing a strong niche for your website. It should be a subject with which you’re personally familiar. Identify and research potential competitors’ content strategies, traffic figures, and monetization efforts. Next, set basic goals and parameters for your flip, including length, traffic target, revenue target, and target sale price.
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There’s more. Well over half enjoyed flexible scheduling that allowed them to stop and start work at their discretion. As competition for millennial talent heats up and advancing innovation enables remote work in an ever-widening collection of white-collar (nonproduction) jobs, employers are offering ever more flexible work arrangements that allow many employees to perform their duties from just about anywhere.
20. Etsy – If you like to create arts and crafts, you can sell them on Etsy.It’s completely free to open an Etsy store. You simply sign up, post pictures of your creations and starting selling. You can choose your payment option, but PayPal is generally the easiest. Etsy makes it easy to sell and keep track of your inventory. There is a small listing fee and they take 3.5% of every sale you make.
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Find an audience for your passion or hobby and you’re all set to make money online doing something you love via a niche website. That of course, is easier said than done. Creating a profitable niche website takes time and is not intended for the faint of heart. But, if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it and eventually monetize through advertising, affiliates, or other relevant digital products.
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So the lesson here is that while you might be working from home now, this might eventually translate into living and working abroad—and living the dream. Opdyke’s advice? “Be as productive as you possibly can. Be over-productive. Step up your game so that when all of this over, you have some potential leverage to talk to your bosses about trying a work-at-home life. That’s assuming, of course, you like your work-at-home life. Not everyone will. But if you feel the freedom those of us working remotely feel, then now, amid this crisis, is a great opportunity for you to shine so that bosses take note.”
The best way you can launch a webinar business is to find a product you can promote and get behind. Then, build an excellent webinar. The Perfect Webinar is a formula originally developed by Fladlien but later brought to the mass market by Russell Brunson. Brunson also created a software with Jim Edwards called Funnell Scripts, which is an incredible piece of software that helps you to build your entire webinar including copy for ads and swipes.
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