Multi-vendor marketplaces, like ThemeForest, can be very successful. Chose a niche and create a vendor website for it. Your marketplace could be anything, from a platform for local artists to sell their work on, to an online digital product store. Once set up, invite people in that industry to sell their products on your site. You take a percentage of their profits when items sell.
When I saw the title “5 Harsh Realities of Making a Living Online” in my Google Reader I was very happy. I agree with you, not enough people talk about the fact that it’s NOT EASY. It takes a tremendous amount of time, effort and energy – and even then you are not guaranteed the results you want. It’s basically just as risky and time consuming as building a business in the “Real” world (i.e. not online.) For some reason, people think that being “online” makes it easier – but it doesn’t.
I have 3 VAs. I couldn’t function without them. It doesn’t matter how big or how small a business is, they all need help running their day-to-day administrative tasks. Virtual assistants perform a variety of tasks that a traditional assistant or secretary would normally do, including making travel arrangements, paying bills, or managing expense reimbursements. I use them to upload content, optimise images, brief writers etc.
Now, here’s the answer: the fastest way to make money online and work from home is day trading. Period. You may day trade (buy and sell stocks the same day) or swing trade (buy the stock and hold for a few days or weeks before selling). Whatever your choice, if you know what you’re doing and pick the best stock to trade, online trading can literally make you a fortune overnight!
You may decide to create free videos as extra content for your blog, and not sell them at all. If this is the case then you can still make money from these videos by selling advertising space on them (in the same way as discussed for monetizing podcasts). Once you have high volumes of traffic visiting your blog, and watching your videos, you can charge businesses to advertise at the beginning of your videos. Use website’s like Izea to help you connect with companies willing to pay to advertise on your blog.
Offering specific online SEO services is also another online freelancer role that businesses are crying out for. If you know how to improve a website’s SEO by doing keyword research, creating content that can rank in search engines, adding metadata / schema to posts and pages, and building backlinks to a domain, to name a few tasks, then this could be a great line of work for you.
This is also about expectations. Anyone that tries to sell you a get-rich-quick scheme is selling you short. There is no such thing. You have to put in the time and do the work, adding enormous amounts of value along the way. That's the truth of the matter and that's precisely what it takes. Once you understand that it's all about delivering sincere value, you need to understand where the money comes from.
Once you can overcome the initial resistance to this, you can ultimately make money in whatever opportunity you step into. Whether that means it's a passive income opportunity such as by writing ebooks or audiobooks, or it means engaging in active income activities like promoting your own course or affiliate offer or conducting a live webinar. There is real power in the list.
Using Fiverr is a great way to pick up work. Once you have signed up you can advertise your services. Fiver allows you to create your own gigs, whether you are offering web design, digital marketing, writing, or something else. You can choose how much you want to charge (it can be more than a fiver) and people will then contact you if they are interested in working with you. Fiverr will not only help you get experience if you are just starting off as a freelancer, it will also help you earn some extra cash.