5. You can start with no money – you can start some methods even without initial investment. There are so many such ways, that you will be amazed. However, I would recommend to actually put a small amount of cash into it, because this will boost your results dramatically. You can start even with $100 – $200 and this will have a dramatic positive impact on your potential.
Create a writer website or blog. A website not only demonstrates your technical ability, but it also creates an online hub that allows clients to connect to you. Keep the design of your website clean and uncluttered. Include examples of your work that demonstrate the kind of writing you do. Make the samples easy to find and to read, and make it easy for visitors to figure out how to contact you. . A blog highlights your technical ability and showcases your ability to write blog posts. Your blog can be about different topics than those you write about for your clients. In fact, it should be on a topic that interests you. Visitors will see that you can not only write, but you can also build an online community. A good blog has the potential to earn you many referrals for more clients.
Look into starting some sort of online business. If you want to learn how, here are a bunch online courses on Udemy that you can take that will teach you specific ways to earn a living online such as sourcing and selling products on popular E-commerce sites like Amazon and Alibaba, creating apps, writing and publishing books on Amazon, affiliate marketing, investing, selling photos, creating websites, and a bunch of other ways.
Similar to e-commerce websites such as Amazon and OLX, a peer-to-peer (P2P) platform is a marketplace for money lending activities. You can lend money to others in a more organised and structured manner using the P2P lending platform. The P2P platforms have the recovery process in place and one should understand it before using the services of the platform. Since this is an unsecured loan where there is no face-to-face interaction, a P2P lender needs to be aware of the risks involved. Currently, the interest rate earned can be anywhere from 13 percent to 30 percent.
Thanks for sharing all this useful and relevant information Jon. The most interesting and surprising lesson was the one where you mentioned that spending a lot of time on social media outlets doesn’t really help. I also specifically liked how you set the tone about the fact that you’re not just a blogger and that you’re an expert…etc. This is some confidence needed to be successful in anything.
It took me roughly 8-9 months to build a big enough business that I could live off the income I was generating, but after a couple of years I can now clear roughly $4,000 per month, and that’s working around 25-30 hours per week. I realize this isn’t a huge amount of money by any means, but it’s a start, and there are many people willing to put in more hours who clear $10k per month easily doing freelance work online.
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, 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!)
With Shopkick, there’s no purchase necessary to earn cash back. In order to make money with Shopkick, all you have to do is download the app, enable your location services, and start earning kicks. You’ll earn points just by walking into a store, and even more points for scanning items or making a purchase. Payout comes in the form of gift cards to your favorite stores, including Walmart, Target, Sephora, and Starbucks to name a few.
You can make extra income by becoming a virtual assistant. This is something that I started doing after I created my blog. It doesn’t comprise a LARGE percentage of my extra income, but it is there. I like to be diversified just in case anything does happen to one of my other extra income streams (yes I realize that I am not fully diversified because a lot of my extra income is earned online – just in different ways).