Do a bit of research and due diligence. How much are people renting out their homes in your area on sites like AirBnB? What’s the going rate and just how do those homes compare to your own home? There are a lot of issues to cover if you’re thinking about doing this, so don’t expect to profit simply from it. The more care and attention you put to the finer details here, the better it will be.
I actually just wrote my own blog post about this very idea. People think SEO is free, and while it’s true that you don’t have to invest in any software if you don’t want to (there are plenty of free tools available), you have to remember how many hours it takes to create a successful SEO campaign. Just optimizing your site can take several weeks. Link building could easily be 15-20 hours a month, a few hours a week is devoted to just straight writing (never mind promoting your content). You have to manage all your social profiles, build relationships with other bloggers and so forth. There are a lot of tasks that take up a lot of time each day and time = money!
Michael Stelzner, founder of Social Media Examiner, creates offline and online events and make money by putting a ticket price on them. This is another great money making opportunity, all you need to do is to create an event which is similar to him and earn through this strategy, but this method has a turn off and that is, you need to have a huge following or resource to get your message spread to wide people, otherwise you may not see much people paying to you.
If you have previous experience as a computer programmer, or have skills in this field, then there is plenty of work you can pick up as a freelancer. If lack of confidence is holding you back, then Free Code Camp is an excellent way to get your foot in the coding door. This organization provides free courses where you will build real-life apps and programs, giving you experience and plenty to add to your CV.
Testing products can be a fun and fast way to make money online from home. When companies have new or improved products they will have testers finding any problems or ways of changing the product to match the needs of the customer. You can become a product tester and have products sent to your home before they are released to the general public. So you can get all the coolest products before your friends do and get paid for it!
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
Do you have a class A, B, or C motorhome? What about a pop-up, travel trailer, or fifth wheel? Then put your recreational vehicle to work when you're not using it. RVshare is an on-demand platform that connects RV owners with renters. It's completely free to use and according to their website, you can earn $120 – $365 a day! Booked rentals include 24/7 roadside assistance (so you know your RV is in good hands) and RV rental insurance. RVshare has been featured on CNN, the New York Times, NBC, Huffington Post, along with numerous other publications.
But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.
The next step? How will you communicate with people. Sharpe says that you need to decide on this early on. Will you blog? Will you use social media? Will you build a list by working with solo ad providers? Will you place paid advertisements? What will you do and how will you do it? What you must realize here is that you have to get really good at copy writing. The better you get at copy writing, the more success you'll find as an internet marketer.
Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that isn’t run by a government or institution. Bitcoin is the most well known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is worth over $17k and is expected to be worth well over $1m in 2022.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
A spin-off for web designers is to offer a landing page creation service. Well optimized landing pages can be the difference between a successful and a failing business. And, as creating the perfect landing page isn’t easy, this is a service many businesses are prepared to pay for. I know people who are earning 6 figures per year and all they do is create landing pages for businesses. There’s serious money to be made.