Successful people have a different approach. Instead of trying everything and “seeing what works,” they have a system — a step-by-step plan that guides them from finding their first profitable idea to figuring out what people need their services and getting paying clients. Everything else, from blogging to getting better business cards, is a time-waster they eliminate.
If you have a spare room in your living space and want to generate some side income, consider renting it out. Use Airbnb to put your home to work for you, whether you wish to rent out your entire home or a single room. Think about this…If you’ll be traveling a lot this year, rent out your home to make some money while you’re away that can help pay for all of those adventures. That sounds like a great way to make some extra cash and travel for near free, if you ask me. And don’t worry, there are security protections in place that help make this option less terrifying than most would think.
#1. Online stock trading can give you almost unlimited profit in a relatively short time. You can make $50 a day to as much as $1000 or more a day if your account size is decent and has leverage. In the long run, your profits could be unlimited if you trade right. Compare that to Freelance writing, online surveys, data entry, customer service and clearly, none of them hardly makes even $200 a day, in most cases. When it comes to how to make money online fast and easy, stock trading is the way to go.
No matter what method you end up using to generate an income on the web, you need to adjust your mindset to help empower you rather than discourage you. The truth? Making money online can be fraught with avoidable pitfalls. There's no shortage to the rah-rah cheers of internet marketers looking to find ways to ensure they part you from your hard-earned cash. The trick? Cancel the noise and get to the real meat and potatoes, so to speak.
Our studio has everything in house for creating online businesses and it’s still not easy. We know how to do the market research, design sites, SEO, SEM and create content. Even with all this in house, you still can’t throw it all up on the wall and hope it sticks. It takes total focus. After that you have to constantly make adjustments and decisions based on profitability and ROI. I couldn’t imagine how tough it must be for those who have to constantly outsource these items.
Edward Dale the creator of The Challenge and co-founder of MagCast. These are systems used by thousands of entrepreneurs worldwide to get started online and build their successful digital businesses. Over the past 10 years we’ve helped over 300,000 people worlwide get started online through The Challenge program. Over the past years, I’ve been fortunate to experience “Million Dollar” product launch days using the exact same strategies I teach in our programs. However, there is nothing that compares to the awesome feeling of helping others “Make it”, quit their jobs and build successful businesses.
Most people who want to make money on the side pick generic services that have lots of competition — general writing, fitness training, and computer repair for instance — then wonder why nobody notices them or buys from them. Meanwhile, other businesses are super-specific and deeply understand their clients and their problems. And they never have to worry about competition or lowering their prices.
Ready to enter the ecommerce fray? Why not sell your own stuff. Of course, along with selling your own stuff on your own website comes a whole slew of both responsibilities and technical configuration and requirements. For starters, you'll need a website and a hosting account. You'll also need a merchant account (sure you can use Stripe or PayPal). Then you'll need to design that site, build a sales funnel, create a lead magnet and do some email marketing.
That being said though, if you’re willing to step outside of your comfort zone, create value and work hard, there will always be a place for those type of people to succeed online. It’s often the people who want to make money online that approach it from a position of strength that ultimately succeed, trying to start a business out of a position of weakness and desperation is where I think a lot of people fail unfortunately.
I’ve been blogging for three years and am consistently making $2,000+ per month. I work no more than 10 hours a month on my blog. While it took a while to start making consistent income (about a year of solid work), the income is now relatively passive. Blogging is a huge passion of mine and I encourage everyone who enjoys writing and wants to earn extra money to start a blog.
If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
Thank you for contributing such a wonderful post. As usual, you have conveyed a profound truth in simple language, that is, there is no substitute for hard work. Persistence pays, so never give up. And if one course does not work, take a detour. If your on-line business is not working, find another angle to work on it, but don’t give up. This is the message I got out of your write-up: a true inspiration. In your case, the hours and hours of struggle have paid off, so continue to educate us, your fans and readers. Wish you the best and three cheers to your success. Cheerio.
Incredible blog Victor, I’ve wonder about such ventures every time I see somebody else with a different “how to make money” guide. Makes me think: geez, I want to start a how to make money website. And I believe now I shall begin. Thank you good sir, and if you have a moment and you could email me, I would like to ask a question or two if possible?
I don’t think the reserves should be on the list as a side hustle because as a former active duty sailor and reservist I have been called back to full time active duty, so what you may think of as a side hustle may cause you to have to leave your family, your home and your job, and if you are in the lower ranks you may end up bankrupt because you have to leave a higher paying full time job when Uncle Sam comes calling. This should only be done if you really love the military or need to meet active duty contract obligations.
If you don’t mind doing other people’s chores, then TaskRabbit is a great option for making money online. Earn extra income by walking your neighbor’s dog or mowing Mr. Smith’s lawn. It might seem like not the most lucrative option, but the top taskers reportedly earn as much as $7000 a month, making this a full-time way to make money online for some.
I’m not sitting here and telling you it’s going to be easy though. It’s going to be downright difficult. At times, you might kick and scream in frustration, wondering when it’s ever going to happen. The difference between those that succeed with any type endeavor online and those that fail, are the ones that have cloud-nine dreams of lightning-fast internet riches. That might be because of all these supposed experts out there who tout these overnight systems, or it might just be our general desire for instant gratification.