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.
It’s something akin to picking stocks. You want to buy undervalued domains, and sell them later on at a higher price. For example, you can pick a domain that is out of favor, but could be related to some future event. So if you decide that the stock market is likely to crash in the future, you can buy a domain that includes the words stock market crash during a rising market, and then sell it in a falling market.
Start a bed and breakfast. If you live in a popular resort area or own a historic property, a B&B might be the perfect side hustle. Not only can you work at home with this career, but you’ll also score some tax write-offs in the process — although most innkeepers caution that the profession requires a lot of hard work and is more of an attractive lifestyle than a money-making pursuit.
There are different ways to market an ebook. One of the most common is through Amazon’s Kindle program. They can help you with all the steps to both publish and market your ebook through their incredibly popular platform. There are some specialized sets of writing software that will help with not only writing your ebook, but also formatting it correctly for the Amazon market as well Barnes & Noble and iTunes
What’s the catch? None, really. Cash back apps act as affiliates for many online merchants, which means that whenever you make a purchase through one of the apps, they get a small commission — but then, they give you a portion of that commission as “cash back”. For example, if I buy a pair of Nike shoes through the Ebates app (or website) and spend $75, Ebates may get a $10 commission but then they’ll pass $7 back to me. It’s basically a way to get sale prices on stuff that isn’t on sale!
This is similar in concept to micro-tasks, except that it is oriented toward specific services, such as cleaning services, pest inspection, handyman services, house cleaning, lawn & garden services or any of the skilled trades. It might actually be more accurate to say that it is a platform where skilled service providers can offer their services to site visitors, similar to Angie’s List.
Changing a smartphone screen or repairing computers is relatively easy since there are lots of walkthroughs and tutorials on the internet for just about every model of popular electronic device. Nobody wants to send their phone in to the manufacturer just to get a bill for a couple of hundred dollars for a repair you could do for under $100. Likewise, a computer repair job might take you a day and your price would likely be less than half of what the manufacturer would charge.
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.
Become a virtual assistant. Virtual assistants perform a wide range of services for their clients, all of which can be completed online. Depending on the day, they may open and reply to emails, schedule online work or blog posts, write mock-up letters and proposals, or perform data entry. You can look for virtual assistant jobs on sites like UpWork.com and Problogger.net.
Upwork: This website offers a great marketplace for selling just about any professional service. You don't need a merchant account, 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.
Drop shipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a drop shipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue.
This is an affordable way to earn money online within days of launching. It works like a charm. Create a retargeting ad for your online store. You can use an app like Shoelace if you don’t know how to create one. At the same time, you need to pump out a ton of blog content. Write blog posts over 1500 words. In each article, you’ll want to mention an influencer. You could do a quotes article such as ‘15 Quotes from [influencer]’ or a tips article like ‘15 [niche] Experts Share their best [niche] tips.’ Stick to influencers with medium sized audiences. Influencers with millions of fans probably won’t share your link. However, someone with a smaller audience may love being featured and share it. You can even post a request for experts on HARO and ask them to share your article since you’ll have their contact information. The retargeting ad is much cheaper than a standard product ad. However, to achieve success, you’ll need the traffic from the relevant niche influencers. When retargeting your audience, you need to create an ad of your best selling product or a really attention grabbing one. You’ll want to have the ad running before you do outreach so you don’t miss any of the traffic from the shares.
Finding items at a garage sale that are worth significantly more than what you paid for it can be tricky, but can be done almost every weekend during warm months. You want to stick to items that make it worth your while to resell them. Taking the time to market a 50 cent figurine that sells for $5 is not worth it as opposed to a $50 cabinet worth $150. Just because there is large margin does not always mean it would be smart to resell it.
Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. Russell Brunson often says that if you do a webinar every single week for a year, you'll be a millionaire at the end of it. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence.
Being able to legally conduct wedding ceremonies can be done relatively easily by getting registered as an officiant online. There is usually a small fee in order to do this, but one wedding should be all it takes in order to make up this initial payment. Many people do this at first to oversee a friend’s wedding, but make themselves available for a small fee for other couples afterwards.
WordPress is one of the most widely used blogging solutions in the world. You can set up your own blog directly on their web pages, or you can buy space on their own web sites so that you have complete control over your own blog. Blogging has been a huge trend all over the world, not just because you get pushed forward their own opinions, but also because it is possible to earn much money from blogging, while doing something that you have interest.
One of the cool things about Google AdSense is that it's so easy to get set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. There is no upkeep or maintenance to get this thing going, which makes it a no-brainer if you have a website already.