Having that extra side cash hustle doesn’t even have to be that difficult. For someone who has been immersed in the field of online income generation for almost two decades now, I can tell you that some research is needed. There are, however, a variety of simple paths forward. By the end of the day, it all comes down to what your ambitions are and how much you’re trying to maximize your profits.
Can you make an extra $200 a month? Yeah. Sure. What about an additional $1000 a month? How is that going to change your life? This would make a huge difference to most of them. But what if we were talking thousands more a month, or even tens of thousands more? How is that going to alter the course of your life? You can make money on the internet, of course. What you have to do is consider how much of your time it’s worth.
Although we all have some spare time, it sometimes doesn’t feel like that. But it doesn’t take too much time to make any extra dough on the side, either. We’re not talking about millions and millions here — we’re just talking about making small, bite-sized ventures to generate some fast cash. And depending on your skill set, you could potentially earn a few hundred dollars or even a few extra thousand dollars a month.
Related: 4 side gigs that you can start today
Become a virtual assistant to you.
One easy way to make money from home is to help others complete their tasks as a virtual assistant. If you are highly structured and can handle your time well, being a virtual assistant provides a low-friction entry point to the digital services industry. You can perform these tasks easily as a remote worker no matter where you live.
Finding work as a virtual assistant can be done easily via places like Upwork, Indeed.com and Remote.co. Check for available workers and build bids. You will need good communication skills and fluency in English and common web and business software applications.
Related: Learn the 4 Values that helped make this Virtual Business one of America’s Best Cultures.
Sell stuff for eBay or Craigslist.
A significant subset of our company is earning a full-time income by selling products on Craigslist and eBay. You can do this by selling your own things, or you can help sell things to other people and get a small commission. Selling on eBay provides more pressure than Craigslist, so you’ll need to do some good reviews before you can start moving high-ticket products.
Nonetheless, eBay does provide resellers with tools to help you get acclimated to selling on the website. Take the time to do your due diligence and work on the website. If you have any good online marketing experience, you’ll find it much easier than if you’re a total newbie in the digital marketing environment.
Related: 8 Places to Sell Things Quick When You Need Money
As the digital world evolves, so does our currency. In the end, what seemed like a novelty yesterday will become the preferred medium for capital. A Gallop survey found that 10 per cent of people continued to use cash as their preferred payment form in 2016 (down from 19 per cent in 2011).
Although cryptocurrency is still fairly new, it will eventually become the standard. Bitcoin and Etherium may be the main cryptocurrency networks today, but the US Dollar will soon become the Digital Dollar by leveraging the blockchain. You can take advantage of the latest cryptocurrency boom by trading it across platforms like eToro and Kraken, among many others.
Related: Bitcoin is now listed as Asset in the USA
Websites such as Skooli, Tutor Me and Tutor.com provide tools for accessing the online tutoring area. Although you don’t need to use a forum like this, it offers a lower point of entry into the market for friction. You may also browse for online tutoring gigs on a number of other sites, such as Upwork, Freelancer and more.
What kind of stuff would you be an online tutor? You could easily teach a subject like math or science, but you could also teach a language if you’re bilingual. You may also teach musical instruments like guitar or piano, along with a variety of other topics.
Related: To Rapidly Improve Your Business, Stop Selling and Start Teaching
Price services for Fiverr
Fiverr has evolved considerably since its inception. Nowadays, it’s a huge marketplace where you can sell just about every service under the sun. It is perfect if you’re trying to make money online as a digital nomad, or if you’re sitting at home on your laptop while in your pajamas.
What, in fact, would you sell on Fiverr? Anything from graphics and design services to digital marketing, writing and translation services, video and animation services, music and audio, programming and application creation, business services and lifestyle services that encompasses everything from celebrity impressions to gaming.
Related: How to use Fiverr and Accelerate Your Startup Development
Create the selling of the funnels.
Every productive company has an automated sales enclosure. But so many companies are utterly ignorant of the influence of an effective funnel. Selling enclosures provide automation in the sales process. They help you develop a relationship with your audience and establish a relationship with the customer. There are a number of tools you can use to design a sales enclosure, but the most successful companies in the world also make custom enclosures.
Expert sales funnels also begin with a free bid, often called a lead magnet. By providing value to the lead magnet, you build trust with the user. In the next step, you will normally find what you call a self-liquidating bid or a trip wire. There are deals that are hard to get through, mostly for $7 to $47. The front-end deal is typically available beyond that, along with one-time offers to help improve the customer’s lifetime value and average cart value.
Although there are significant technical specifics when it comes to sales funnels, knowing them today could set you up for a higher level of online marketing expertise right now. It will also help you scale your company by maximizing the conversion rate, and then simply increase your advertising spending.
Related: What’s a Sales Funnel? Creating an Interactive Sales Computer Guide
7. Pay your home now.
One way you can make money at home is to actually rent your house. AirBnB has carved a large industry out of vacation rentals. Although the market did exist prior to the arrival of AirBnB, it has definitely expanded by leaps and bounds since its arrival on the scene.
In 2017, AirBnB acquired the luxury vacation rental service, Luxurious Retreats, and other market-based consolidations from leading locations such as InvitedHome’s acquisition of PPG rentals and Experienced Dreams’ sites, and Expedia’s $3.9 billion acquisition of another vacation rental company, HomeAway. The business is booming and the time is ripe for entry, no matter how big or small your home or condo can be.
Related: 11 Strange and Wonderful Airbnb Lists, like New York Taxi and Igloo
8. Open the e-commerce platform.
Ecommerce is booming, though. Though Amazon is taking the lion’s share, customers are buying more when they can snap up great deals. In reality, some of the world’s leading online marketers, such as Neil Patel, Frank Kern, Dean Graziosi, David Sharpe, John Reese and many others, are using free-plus e-commerce and book funnels to make small fortunes. This comes back to the introduction of sales enclosures in an e-commerce world. In reality, most of what people believe about traditional e-commerce stores taking months or even years to build and cost a small fortune is simply not true.
Related: How do owners of ecommerce take advantage of the new trends? 5 Businessmen Tell you.
Related: How can owners of ecommerce use the new trends to their advantage? Advise 5 Businessmen.
9. Launch your blog.
Blogs are possibly one of the easiest ways to make a passive income even when traveling around the world. Although starting a blog may be easy, you’ll need to get to work and make an effort to reap the benefits. Plant the seeds now and enjoy the harvest later.
However, once the blog begins, it’s easy to generate revenue and scale your business. Simply create more content and bring more deals together. When your blog rises in popularity, you will also be able to draw top talent willing to write for you simply in return for a very strong link back to their own websites.
Related: How to start a blog and make your money online 10. Set up a side business hustle.
10. Develop a side business hustle.
There are a lot of ideas for lucrative side hustle businesses that you could easily start from the comfort of your own home. While starting them is easy, actually getting them on the market and increasing at work is a bit more challenging. The hard thing is to see them through.
Although you could start a daily business selling someone else’s goods, you could also invent your own product. Although invention-based enterprises can seem more complex to create, they offer attractive investment opportunities as depicted in famous shows such as Shark Tank.
Related: What sort of Side Hustle do you want to try? (Infographics)