As someone who's been immersed in a number of online industries for quite some time, I know a thing or two about what it takes to succeed in this arena. However, just like you, I started at ground zero with little knowledge, but a great deal of passion. What I learned along the way were some invaluable lessons from failure that hurt at the time, but helped immensely in the grand scheme of things.
Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
Every year, hundreds of millions of documents are notarized in the United States: wills, mortgages, citizenship forms, handgun applications. While for decades, this has all been done in person, there is a budding crop of sites that allow notaries to take their services online. If you’re already a notary, you can sell your services online. Or, if you want to get started, check out the National Notary’s checklist for becoming a certified notary.
eBay: With eBay, the procedure is very similar. You simply start by becoming an eBay seller and stay in good standing by making sure your PayPal account is verified, and then you can sign up for your store. These three steps allow you to piggyback on eBay’s reputation, reach, and sales and marketing infrastructure in order to sell your own products.
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.
Host a giveaway on your store. Run a Facebook ad to a giveaway landing page on your store. Use a tool like Rafflecopter to add multiple contest entries like sharing on Facebook, Twitter, and more. You want this giveaway to get maximum reach. You’ll want to make sure you have a retargeting ad running on your store at the same time. The retargeting ad isn’t going to be the only way you’ll monetize the contest though. When sending high numbers of traffic to your website, you always want to have a retargeting ad running. The giveaway page has to be located on your store website – do not put it on another site or on social media. Otherwise retargeting won’t work. After the contest for the giveaway prize has ended, you’ll send the winner the prize they won. However, you’ll also send everyone who lost a runner up prize. The runner up prize can be a $5 gift card for your store. Make sure that all of your products cost over $30 and have more than $15 profit so you don’t lose money. The gift card almost acts like a discount code.
Hunting for coins and rings might seem like it’s a pastime for the elderly relegated to the beach, many of the most impressive metal detecting finds have been found in places you would not think to look. Even an inexpensive metal detector can help you find jewelry, coins and other metal objects, some of which have fetched nearly $1 million in the past. The best places to look include old house sites and walking paths.
Schemes of this nature usually have catchy titles and images associated with wealth and luxury to encourage potential victims into paying signing up fees which can range from several dollars to thousands of dollars. The get-rich-quick scheme will heavily imply that the consumer will be able to earn much more than this small investment when they apply the special, secret techniques revealed in their training material they will send. Such training material is typically in the form of e-books or training CDs.
Make money on YouTube. People who love the spotlight and have other online hustles should consider creating their own YouTube channel. If you’re interested — and interesting — you can use the platform to market affiliate products, sell products you create yourself, or receive ad revenue for your informal tutorials or entertaining videos. Once you get the ball rolling, YouTube offers a partner program that can help you monetize your business further.
Work as an online interpreter or translator. If you’re fluent in a foreign language, it makes sense to look for work as an online interpreter or translator. Depending on your individual skillset, you could find work translating blog posts or eBooks, transcribing recorded lessons or speeches for clients, or translating through Skype or another online video service. And, thanks to the increased use of foreign languages in the United States, getting started could really pay off. According to the Bureau of Labor Statistics, employment for interpreters and translators is expected to increase 17% nationally through 2026.
If you’re willing to take on some risk and have the heart of a true hustler, you can make extra money online doing commission-only sales for startups and other businesses. While you won’t be getting a regular salary, with the right sales strategies and skills as an inside sales rep, you can make decent money for each sale you bring in. And because you’ll most likely be working with startups, if you can negotiate a little equity you could profit big time if you're pitching a solid product and the startup succeeds.
Data shows that business on the corporate side certainly seems to be booming. Chris Lamontagne, vice president of commercial at Teespring, says his site’s 5 million sellers have earned more than $300 million since the company launched in 2012. The average seller pockets about $9,000 a year from the service. At least 30 people have become Teespring millionaires, and about 3,000 new sellers join the site every day—which he takes as a sign the passive income trend is just getting started.
Using a food delivery service can’t necessarily earn you money, but it can help you save you money if you constantly find yourself throwing out half the food you buy. Food delivery services send a box of food every week with new, sometimes unique vegetables, meat, fruit, and so on. If you don’t have time to shop and want simple meal-prep that leads to a good meal, a food subscription service may be perfect for you.
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.
Those who love teaching but would prefer to make passive income could consider teaching online courses. With online courses, you can teach topics that go beyond what a tutoring gig for students would teach. If you’re great at building stable relationships, you might create a relationships course. If you’re an ecommerce expert, you might teach a course about dropshipping. There’s no limit to what you can teach. You can also niche down within an industry to teach courses about specific subtopics. For example, instead of teaching public relations you might teach a course about growing your blog traffic.
Since time is the most precious commodity on this earth, 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. It's obvious that this is the preferred route, but clearly the road less traveled.
Then once you’ve got your domain name and hosting sorted out, it’s time to pick a CMS, or Content Management System, that will let you update pages, build your blog and integrate with all the other services you need. It’s hard to go wrong with WordPress—the CMS powering close to a quarter of the internet. Keep in mind that eventually as you start growing traffic to your blog, you'll be wise to invest in a managed WordPress hosting plan, where all of the settings are custom-tailored and optimized to work particularly well with WordPress-powered websites.
If you have a job where you do not regularly put in 40 hour weeks, it might be possible to pick up an extra shift or two to make some extra money. This is most often seen in the restaurant business where there are usually dozens of servers working throughout the week, making it likely at least one person will need someone to cover their shift. Weekend and evening restaurant shifts are usually picked up by coworkers quickly since the crowds tend to be larger, leading to more tips.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $20,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
Rent out a room on Airbnb. Living near a tourist area has its perks, including the prospect of renting out a room for a profit. With home sharing sites like Airbnb, you can rent out a room in your home – or even the entire place – for a day, a week, or longer. If you have extra space and might enjoy the company of travelers, renting out a room is great way to earn some extra money with little effort on your part. See our post, “How to Make Money as an AirBNB Host.”
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 on here such as poster designs.
Re-selling web hosting will enable you to make money hosting your own client’s websites. Large hosting companies like HostGator allow you to white label their hosting services. You could start your own hosting business or, if you are a web designer, include hosting into your web design packages. And the best of it is the hosting companies take care of the hosting for you, so all you need to worry about is selling.
A website that is targeted to a certain crowd and marketed the right way can get fairly popular in a short amount of time. Unlike a blog, websites that are going to get picked up by search engines need to have a lot of unique content posted in order to reliably bring in an appreciable amount of money. There are many tutorials and walkthroughs available online that should give you an excellent head start on the do’s and don’ts of website creation. Why not check out my guide to building a website.
Once you’ve had children, many parents find themselves caught in the trap of needing to work but wanting to stay home with their kids. Creating your own parenting blog can not only be a way to make some money, but it can also help you connect with other parents and make sense of those crazy sleepless early parenting years (it does get easier don’t worry!)
Find a profitable niche. Starting with your interests, write down as many niche ideas as you can. Think about topics people might search online. Ideas include passions (like surfing or body building), fears (like spiders or speaking in front of crowds) and problems (like getting out of debt). Do keyword research to see it others are interested in the topic. Find out if a domain name is available that matches the keyword 100 percent. 
Because experimenting with print on demand requires so little investment and involves almost no risk, nearly anyone can do it. As more people catch on, it’s increasingly difficult to be successful. You can see this firsthand at Merch Momentum and numerous other passive income forums, which are being flooded with anxious posts from sellers wondering why they’re not getting sales.
Now, making money online should seem like a pleasurable activity. Why wouldn't we do just about anything to see things through, since it would be a major source of pleasure, right? Wrong. In the beginning, like anything else, we might get really excited about it. We might also set our hopes very high. But that all comes crashing down when we begin to fail.
3. Change your friends-: There’s a popular saying “show me your friends and I will tell you who you are. This is very true. If the type of people you hang out with are those whose priorities are screwed you; people who are only concerned with youthful things like cars, money, sex and music; that’s probably how you are going to end up. You have to surround yourself with people who have the same dreams and aspirations as you or at least desire something similar.
10.Know What Success Really Means: Despite his wealth, Warren Buffett does not measure success by dollars. In 2006, he pledged to give away almost his entire fortune to charities, primarily the Bill and Melinda Gates Foundation. He’s adamant about not funding monuments to himself — no Warren Buffett buildings or halls. “I know people who have a lot of money,” he says, “and they get testimonial dinners and hospital wings named after them. But the truth is that nobody in the world loves them. When you get to my age, you’ll measure your success in life by how many of the people you want to have loved you, actually do love you. That’s the ultimate test of how you’ve lived your life.”
E-books represent about 20 percent of all book sales in the U.S. The good news is you don’t have to be a publisher with deep pockets to get in on the action. As a solo internet entrepreneur, you can sell ebooks directly from your own website. You can sell your own works or sell a public domain work. Simply upload it to your website (or seller account on Amazon) and start publicizing it on your social media platforms, on your email list, your blog, website, etc.
The peer-to-peer concept is coming to virtually every corner of human existence. That includes the hospitality industry. Through AirBnB you can actually rent out your house for various lengths of time for a predetermined fee. That gives you an extra income on your house and gives the visitor the benefit of having an entire house, rather than being crammed into a single hotel room.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
Matched Betting (not available in the USA) enables you to gamble (nearly) risk-free. I say nearly as there is always room for error! It involves placing bets on all outcomes of an event, using free online bets given out by the Bookies. Although it may take a while to get your head around the concept, Matched Betting can make a substantial addition to your monthly income.
CashCrate sends out literally thousands of payments a month to users just like you who spend time completing surveys and offers on CashCrate.com. How do they do it? Well, they do surveys and offers regularly. It really adds up! Your initial goal should be to meet minimum payout, which is $20.00. Making $20.00 in free cash is actually quite easy considering there are hundreds of surveys and offers available, but here are a few tips to get you to your goal faster: