If you’ve developed valuable skill sets or picked up certifications within your industry over the years, offering your consulting services to local business owners can be a lucrative way to make money online. Whether you’re an expert marketer, business strategist, or manufacturing aficionado, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company. Start with my guide to launching a freelance (consulting) business and then use my breakdown of crafting an effective cold email to convince local small business owners to hire you. You can even get hired as a consultant by putting your work online and publishing helpful content (take my roundup of honest Bluehost reviews as an example) and prospective clients will want to hire you for more personalized help if they like what they see.
Pets. Dogs and cats complicate short-term rental arrangements. It’s hard to give a visitor free reign over your place when you’re worried about them inadvertently letting Fido or Fluffy out when they come home in the middle of the night. At a minimum, you should disclose the fact that you have pets, lest an allergic tenant leaves a toxic review on your otherwise pristine online listing.
If you're a crafter, the internet is your showcase — and not only at auction sites like eBay. DeWitt Young of ObviousFront.etsy.com has had success turning her crafts into cash online. She has a booth at Etsy.com's Craft Mall, an amazing place where thousands of artisans and crafters offer their goods for sale. DeWitt turns salvaged parts from old TVs and VCRs into artsy necklaces, earrings, and figures. Colleen Jordan of wearableplanter uses 3D printing to create her necklaces called wearable planters.
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.
Flipping a website is a lot like building and monetizing a personal blog. The key difference is that when you flip, you’re working toward the clearly defined short-term goal of selling the site for a tidy profit. You can and should earn money through advertising and affiliate relationships along the way, but you’re not looking to hold the site over the long term.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
In 2017, there were almost 90 million pet dogs in the US. Which has opened up a huge opportunity to make money online as a dog watcher or sitter. Specialized sites like Rover or Care.com connect pet owners with pet walkers, sitters, and boarding houses to help look after their best friends when they’re at work or on a trip. If you’re an animal lover, you can make extra money and get to spend some quality time with a furry friend.
Market your course: The beauty of using a course to make money online is that you can continue to sell it for as long as you’d like. Look for niche communities on Facebook, LinkedIn, or Reddit that might benefit from your content. Guest blogging on relevant sites. Look for anywhere you might be able to get in front of the right people. With just a few hours a month you can continue to generate sales.
Accommodate Multiple Forms of Payment. Many deal-seekers carry cash, but you want to accommodate every potential buyer. So in the days leading up to the event, consider purchasing a point-of-sale system that can accept credit cards. Square is a popular and relatively cost-effective option. It doesn’t cost anything upfront and bundles credit card processing fees into one relatively low fee: 2.6% plus $0.10 per transaction, for a net of $97.30 for every $100 charged. It’s a small price to pay to capture the ever-growing cashless consumer demographic. On the day before the sale, visit the bank and grab $100 in small bills and coin rolls to ensure you’ll have enough change for buyers who do prefer cash.
Create a Home Office Space. First things first: You need a professional setup that helps, not hinders, your prospecting activities and writing work. If you don’t already have one, set up a home office – anything from a spare bedroom to a corner of your living room – with a comfortable chair, spacious desk, ample lighting, and physical storage space for papers. Buy a reliable laptop with a reputable word processing suite, like Microsoft Word, and video chat capabilities via Skype or a cloud-based phone system. Strongly consider investing in a printer. Upgrade to the fastest consumer Internet package your Internet service provider offers. Purchase a lightweight cloud accounting program such as Quickbooks or sign up for a free version. You’ll need it once you have more than a few clients. Note that many business-related expenses qualify for tax deductions.
Pay varies by vertical but seems to be pretty generous. JustAnswer claims you can earn upward of $35 per hour – and sometimes significantly more – if you’re an expert in a high-demand subject. Your work volume depends on the quality of your answers and the volume of questions users are asking, so you may not find as much work as you expect at first. Still, JustAnswer is ripe for multitasking, making it a perfect work-from-home opportunity.
Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.
If you love kids, sign up for Care.com or SitterCity to spend a few hours a week babysitting. These websites verify both babysitters and those seeking sitters with background checks, so you can ensure you're conversing with a reliable source. Babysitting rates vary based on years of experience, number of children, and hours per week. According to ZipRecruiter, the average hourly rate for a babysitter is $28. Use Care.com's calculator to plug in your experience and find out how much your should be making an hour as a babysitter.
Equipment Costs and Space. At a minimum, you’ll need a work table, a sewing machine, a rack, and storage space for raw materials. You can find a cheap but sturdy table for less than $20, and maybe for free if you’re fortunate. Used sewing machines start at under $50, but that won’t cut it for a real at-home custom sewing business. You’ll need a heavy-duty piece of equipment, preferably new. Expect to pay $2,000 or more for this. Consider financing with a low-APR credit card if your creditworthiness allows.
Build up a following on your Instagram account and you could quickly be making extra money online. Major brands, gear companies, and even startups are willing to shell out $500-$5,000+ per post to get in front of your audience. While it’s getting harder and harder to build a massive Instagram audience, if you already have a solid niche and are posting quality content regularly with a great camera for taking Instagram photos, with a few small tweaks you can make yourself an influencer. Check out this awesome article from Shopify on how to build and grow your Instagram following to get started, and as your following grows, you can start a blog to really build up your blog business plan and take things to new heights.
Now, it’s time to plan out your show. If you’re doing an interview-style show, you’ll now want to start getting some guests involved. You can use your existing social network to reach out to people you already know or are connected with on Twitter or Facebook. You can also head to Medium or Amazon to find authors or experts on topics specific to your niche.
Real estate can be a profitable investment opportunity, but many people don’t know how or where to start. It’s also common for aspiring real estate investors to be scared away because of the upfront capital requirements. While it’s true that you do need some money to invest in real estate, technology has made it easier for investors to get up and running with just a few hundred dollars.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.