Making money online – A dream that many share but very few put into action. A dream that draws us to do the usual search for a “life-changing” program or download a “magic” ebook. Few others choose to invest, start their own business, create something from scratch, and run it. Business ownership is the way to wealth, and it is a personal choice; however, that demands your investment and that decision to act.
What choice are you going to make? What challenges are you going to prepare for and overcome? It is usually easier to fail than to succeed because of their fears—fear of losing that first flicker of optimism. You will inevitably doubt your choice at some point, but nothing worth achieving was achieved without a challenge. To help you with your endeavor, here I share ten practical methods to make money online for beginners. Methods that have proven their worth time and time again. Now you just have to prepare to take action.
#1. Start Writing Online:
Let’s begin with writing. It does not explain how to make money from your writing, so much as how to make money from having written. It’s not easy. It’s a slow process. A long one. It takes dedication. However, there are two ways you can do this: you can write reviews of products, craft a blog, or start your freelancing journey as a professional writer. In either case, you need to know your audience and choose the right platform.
If you plan to start blogging, then you need to first find the niche that interests you and write articles interesting enough to hold your reader’s attention. For reviews, you will need to have a membership with a popular website or retailers like Amazon, or ClickBank, so you can use their affiliate program. These sites will provide you with a unique affiliate link to put on your website or social media platforms that will help you track and refer your audience to their site. When your audience clicks through and makes a purchase, you will make money out of it.
If you want to start freelancing, then you need to sign up for an account at Elance, Guru, oDesk, etc., and begin bidding for jobs.
#2. Become Virtual Assistant:
Become a virtual assistant is anything, online or offline, in which your job is to perform a series of tasks for another person or organization. In short, you become the outsourced part of a company. Virtual Assistants are required for a wide range of tasks, including research, data entry, customer service, and so on. The nice part is that many of these tasks can be completed online in front of your computer. You can look for online jobs on job boards like freelancing.com, guru.com ( Elance ), odesk.com, Upwork( freelance ), livolo.com, freelancer.com. Often a virtual assistant role is based on a retainer, which means you will be required to do a certain amount of work for an agreed-upon monthly fee. You will generally work with companies remotely; however, depending on your skillset, you could be given the option of either working from home or traveling to a company and working from there.
#3. Start Dropshipping:
Taking the marketing landscape to a new level, dropshipping is an innovative business model that has quickly gained popularity with a lot of people. It enables entrepreneurs to sell a wide range of products without having to manage the warehouse, purchase the products, or list the items for sale directly on the internet store. Manufacturers, often big brands, create a catalog with the products that they have in stock, as well as various prices, sizes, and colors. Retailers can then buy the product from them directly, or they can choose to buy from the wholesalers. After setting up an internet store for their clients to buy from, they will ask these manufacturers to ship directly to customers. The benefit is not only a wide variety of choices but also a wide choice of prices and sizes, which enables retailers to offer great prices to their customers.
Dropshipping, despite all its advantages like every other business opportunity, is not without flaws. So, invest your time in understanding the many aspects of this business model before joining the bandwagon.
#4. Online Tutoring:
Tutoring is one of the most profitable businesses, which you can start with less capital. But you need to make sure that you know the subject you’re tutoring well. Find a niche you love teaching and focus on that. Another option is to offer a free course and transition into paid services once you have an active base of students. Free courses are good to attract students at the beginning. If you find yourself getting substantially more questions or engaged students, then it’s time to transition to a paid service. Tutor.com and Chegg are great websites to start advertising for tutoring jobs in your area.
#5. Stock Investing:
Unlike most of the online money making options, stock investing requires some capital, particularly if you choose short-term investing. However, the internet helps with this. A number of sites offer people the option to become stock traders using the internet and web-based trading platforms. Investing is a great opportunity if you can create a stable stream of income that generates cash flow for you.
The major advantage of stock investing is that it allows you to buy a piece of a company. So depending on how the company is doing, your stock can go up or down in value. However, remember that investing is a long-term endeavor, so make sure you have a clear, methodical approach to it.
#6. Try Print on Demand:
There are many ways for graphic designers to make money outside of the usual design services. In fact, there are dozens of ways in which this is possible, and through this, graphic designers can also create a consistent and recognized brand for themselves. Print on demand is proving to be an increasingly popular option for such designers as it opens doors to selling their designs on a range of items, including t-shirts and posters. And even if you are not a designer, you can still try to print on demand and make handsome profits.
The process involves uploading your art piece to a print on demand website, which then creates a physical product for you. Many websites offer different printing possibilities, including prints on canvas, metallic prints, and much more. Selling the product is usually done the same way as with other online businesses. However, there is one part of the process which may not be familiar to you. That part is dealing with the logistics. But with the rapidly advancing shipping industry, along with printing on-demand services, this can be made much easier for the graphic designer.
#7. Start a YouTube Channel:
Many people don’t know that Youtube is the world’s 2nd biggest search engine bringing with it an incredible opportunity to make money online. Chances are you’ve stumbled upon a viral Youtube video at one point or another. Many people, including celebrities and famous brands, have established their own Youtube channels.
What’s even better is that you can start a Youtube channel for free (no need to pay Youtube itself), and you can upload all sorts of videos, including product reviews, vlogs, tutorials, and more and as your channel gets more subscribers and views you can start earning through Youtube’s partner program which pays you a share of the ad revenue generated from your videos.
Another great way to use Youtube to make money is by promoting your stuff and thus driving traffic to your own website or affiliate link. In this case, from the Youtube video, you share your own link and thus profit when viewers buy your stuff on your own site. But remember, Youtube and similar sites are all about building your audience first. So, first try to share some value – joy, humor, entertainment – then you can start gradually promoting your affiliate links over time the more you grow your Youtube channel and base of viewers.
#8. Become an Influencer:
Influence marketing works as a partnership between you and potential customers. In today’s environment, there is something called social proofing. People make decisions based on what others in a similar situation are doing. This is especially the case with people who are new to a virtual marketplace. The goal of influence marketing is to develop relationships with these people. The end result is that you are able to influence their purchasing decisions.
Thus influence marketing is the process of leveraging your influence (your audience base, your blog, or Youtube channel) to promote products, services, or brands on behalf of a third-party. In return, you receive compensation.
Influencer marketing is also great for increasing brand awareness and generating more leads. However, there are many ways of doing so. Some influencers are compensated through affiliate programs. In other cases, influencers work directly with the brand and are compensated based on performance. The key to being an influencer is to be genuine. It doesn’t take much to be genuine, but it does take a lot of time, energy, and commitment.
#9. Publish an Ebook:
Amazon KDP is a platform that is used by both newbies and established writers for publishing their literary work. With this digital publishing platform, writers can now make use of Amazon’s infrastructure for the purpose of reaching out to their audience all over the world. You are able to publish books, audiobooks, and eBooks for Kindle here. And if you aren’t a writer, you can always hire someone professional, someone who knows how to combine the power of words and emotions to create compelling stories and content.
Amazon KDP and Kindle Direct Publishing (KDP) is a fantastic platform for both publishers and authors to share their literary work. On the business side, for any who might have previously struggled with creating a sustainable income source using writing, nothing beats the opportunities KDP offers due to their platform. For publishers and authors, KDP enables them to reach out to a wider audience all over the globe. Plus, with KDP, the technical work is relatively straightforward, whether you are publishing your own creative work or hiring someone else to arrange the job.
#10. Provide Translation Services:
If you can speak multiple languages and have good writing ability, then you can start translating documents for businesses. One of the most common ways of doing this is to take a bilingual resume and have that translated into another language for a job applicant or to have technical documents translated. You can offer to do this service for established businesses or individuals alike.
Although it’s a big field with plenty of businesses, it’s also highly competitive. If you can’t afford to offer your services for free to get your toes wet, you can always opt to take a certification course to prove to your clients that you’re capable of doing the job. Translations of text, text messaging, and videos can be very lucrative business opportunities if you’re good at what you do.
#11. Become an Online Tutor:
If you have a good knowledge of math, English, science, or any other subject, you can make money online by teaching those subjects to students and individuals. If you have enough patience to do this, you can make decent money. This may not always be a moneymaker, but definitely, a job that can snag you quite some cash.
If you are wondering how to make money online for free, the aforementioned are the proven and effective ways to make money from home. Once you have the necessary information and skills to perform each one of them, then it is on you to decide if you are going to be a silent member of the digital world or a contributor. There are dozens and even hundreds of real ways to make money from home, but it all depends on how you want to do it and how much effort you are willing to put in. The internet will bring you endless opportunities for making money, but it’s really your job to recognize, understand, and act on them.
So, clear your mind of thoughts that make it hard to accomplish the task at hand. Tell yourself that you will conquer whatever barriers you encounter. Use logical steps to eliminate barriers that had been tossed up in your way. Focus on a future that is bright and exciting, and use imagination to bring it into being. And you will do it.
And if you happen to fail, grab the clue and go the next step forward. You will eventually reach your goals and be satisfied. And the reward is money.