The process of earning some extra money with a side hustle doesn’t have to be hard. As someone who has been entrenched in the subject of online income production for nearly two decades, I can tell you that it takes time and effort to be successful in this industry. However, there are a number of apparent paths to take moving ahead. Ultimately, it all comes down to what your objectives are and how much you want to automate your money generation process.
Could you earn an extra $300 each month if you tried? Sure. What do you think about an extra $1000 every month? What kind of impact would that have on your life? Most people would agree that it would make a significant effect. But what if we were talking about thousands, or even tens of thousands, of dollars more per month? What kind of impact would that have on the course of your life? It is undeniable that you can make money on the internet. All you have to do now is decide how much of your time it’s worth to you.
While we all have a little extra time on our hands, it doesn’t always feel like it. However, it does not take much work to earn a little additional money as a side hustle as well. In this case, we’re not talking about making millions upon millions of dollars; rather, we’re talking about executing little, bite-sized tasks to produce some quick money. And, depending on your skill set, you might easily make a few hundred dollars per month or perhaps a few thousand dollars per month extra each month.
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Table of Contents
- 1 1. Become a virtual assistant
- 2 2. Make money by selling items on eBay or Craigslist
- 3 3. Cryptocurrency trading
- 4 4. Online tutoring
- 5 5. Provide services on Fiverr
- 6 6. Create sales funnels to funnel customers
- 7 7. Make your house available for rent
- 8 8. Create an e-commerce website to sell your products
- 9 9. Create a blog for yourself
- 10 10. Start a side hustle company to supplement your income
- 11 11. Host webinars to educate your audience
- 12 12. Social media management
- 13 13. Affiliate marketing
- 14 14. Create online courses
1. Become a virtual assistant
As a virtual assistant, you can earn money by assisting people in completing activities at their place of business. A virtual assistant position can be a low-friction entry point into the digital services business if you are well-organized and have the ability to manage your time effectively. You may easily carry out these responsibilities as a remote worker, regardless of where you live.
Finding employment as a virtual assistant is simple, thanks to websites such as Upwork, Freelancer, Indeed.com, and Remote.co. Search for and submit bids for the jobs that have already been posted. You’ll require good communication abilities, as well as proficiency in the English language and familiarity with common web and business software programs.
2. Make money by selling items on eBay or Craigslist
In current society, a significant portion of the population earns a full-time living by selling stuff on Craigslist and eBay. You can do this by selling your own stuff, or you can assist others in selling their items in exchange for a modest commission. Selling on eBay is more difficult than selling on Craigslist, and you’ll need to build a good reputation before you can start selling high-ticket items. Selling on Craigslist is easier than selling on eBay.
eBay, on the other hand, provides materials for sellers to assist you in becoming familiar with the platform. Take the time to conduct due diligence on the platform and research it thoroughly. In comparison to someone who is completely new to the field of digital marketing, if you already have some excellent online marketing skills, you will find this lot easier.
3. Cryptocurrency trading
As the digital world progresses, so does our currency, and vice versa. What appeared to be a unique concept yesterday will eventually become the favored method of payment in the future. The results of a Gallop research revealed that 10% of consumers reported to choose cash as their preferred way of payment in 2016. (down from 19 percent in 2011).
While Bitcoin is still in its early stages, it is expected to eventually replace cash as the de facto currency. Although Bitcoin and Etherium are currently the most popular cryptocurrency platforms, the United States Dollar will soon become the Digital Dollar as a result of the blockchain’s use. If you want to take advantage of the current cryptocurrency boom, you may do so by trading it on platforms such as eToro and Kraken, among many others.
4. Online tutoring
Websites such as Skooli, Tutor Me, and Tutor.com give resources for people who want to go into the online tutoring business for a little fee. You are not required to use a platform like these to enter the market, but they do give a lower-friction entry point into the market. You might also look for online tutoring jobs on a variety of different websites, such as Upwork, Freelancer, and others, to supplement your income.
You may tutor a variety of subjects over the internet. If you’re multilingual, you could easily tutor a subject such as math or science while also teaching a foreign language to your students. Along with teaching musical instruments like the guitar or piano, you might also teach a variety of other subjects to your students.
5. Provide services on Fiverr
Since its debut, Fiverr has experienced substantial growth. You can sell just about any service under the sun on the internet today, and it’s a massive marketplace to do so. This is excellent if you want to generate money online as a digital nomad or even while sitting at home in your jammies, working on your laptop.
What exactly can you sell on Fiverr is a matter of debate. Services ranging from graphics and design to digital marketing, writing and translation services, video and animation services, music and audio, programming and application development, business services, and lifestyle services that include everything from celebrity impressions to video game development are available.
6. Create sales funnels to funnel customers
Every successful business has a sales funnel that is fully automated. Despite this, a large number of organizations are utterly unaware of the importance of a well-designed funnel. Sales funnels automate the sales process by allowing for more opportunities to be sold. They assist you in developing a relationship with your target audience and creating a bond with the customer. There are a variety of tools available to help you develop a sales funnel, but the most successful firms in the world are those that create custom-coded funnels.
Expert sales funnels frequently begin with a free product, which is referred to as a lead magnet. Your lead magnet should provide value to the consumer, which will help you build trust with them. When you go to the next level, you’ll typically find something known as a self-liquidating offer or a trip wire. These are hard-to-pass-up bargains, with prices ranging from $7 to $47 in many cases. Above and beyond that, one-time offers to increase the lifetime value of the client and the average cart value are typically found to assist enhance those numbers.
While there are numerous technical nuances to consider when it comes to sales funnels, understanding them today, right now, could position you for greater levels of online marketing success in the future. Moreover, it will assist you in scaling your business by first refining your conversion rate and then just increasing your ad expenditure.
7. Make your house available for rent
Rental of your home is another method to generate income from the comforts of your own home. Vacation rentals have become a significant industry as a result of the success of AirBnB. While the market existed prior to the entrance of AirBnB, it has surely grown by leaps and bounds since the company’s entry into the picture in 2010.
The acquisition of Luxury Retreats by AirBnB in 2017 was the latest in a string of consolidations in the vacation rental industry, which has seen leading sites such as InvitedHome acquire PPG rentals and Seasoned Dreams’ platforms, as well as Expedia’s $3.9 billion acquisition of another vacation rental behemoth, HomeAway. It doesn’t matter how big or little your home or condo is, the market is growing and the timing is right to get in on the action.
8. Create an e-commerce website to sell your products
The growth of ecommerce is exploding. Despite the fact that Amazon has the lion’s share of the market, users are flocking to the site when there are excellent deals to be had. Many top-tier internet marketers, like Neil Patel, Dean Graziosi, David Sharpe, John Reese and a host of other well-known names, have benefited from free-plus-shipping ecommerce and book funnels and have amassed substantial wealth as a result. In the end, it all boils down to the execution of sales funnels in an e-commerce setting. The truth is that a lot of what consumers believe about traditional ecommerce sites taking months or even years to create and costing a small fortune is simply untrue.
9. Create a blog for yourself
Blogs are unquestionably one of the most effective ways to generate passive income, even while traveling around the globe. While the process of beginning a blog is straightforward, it is necessary to put in the necessary time and effort in order to reap the benefits. Plant the seeds now so that you can reap the benefits later.
The process of producing cash from your blog and expanding your business is uncomplicated once it gets up and running. Simply put, more material must be created, and more deals must be lined up. As your blog’s popularity rises, you’ll be able to recruit outstanding talent who will write for you in exchange for a single, extremely powerful link back to their respective websites.
10. Start a side hustle company to supplement your income
Many profitable side hustle enterprises can be started from the comfort of your own home, and there are a plethora of ideas for profitable side hustle businesses to consider. While it is simple to start a business, putting in the necessary effort to advertise and expand that firm is a bit more difficult to accomplish. The difficult thing is sticking with them to the end.
While you may start a standard business selling other people’s products, you could also start your own business by inventing a new product. While enterprises based on inventions may appear to be more difficult to start up, they do give excellent investment prospects, as seen on famous television shows such as Shark Tank.
11. Host webinars to educate your audience
When it comes to selling, I’ve become enamored with the webinar medium. It is one of the most valuable abilities you can have, as demonstrated by entrepreneur Jason Fladlien, who has generated over $100 million in sales using automated webinars by just selling other people’s products and not his own, and who has built up automated webinars.
Webinars are organized according to a specified template and pattern. They follow a formula. If you can master that formula, you will be able to very literally dominate in this field. Search for a terrific company concept or opportunity that you can offer and that provides enormous quantities of value to others.
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12. Social media management
Social media management is a terrific method to earn money from the comfort of your own home. Businesses are scrambling to get their message in front of potential customers as social media continues to grow in popularity. In contrast, the vast majority of firms have no idea how they may boost their visibility online. It is at this point that you enter the picture.
It may take some time and effort to establish a social media management firm, but the results will be well worth it. You might charge a significant monthly fee to each firm in order to assist them with their social media management, allowing you to generate a full-time income from this endeavor.
She not only built one of the largest and most well-known social media management businesses in existence, but she also created multiple seven-figure webinars that taught people how to start their own social media management company, which you guessed it, was about how to launch your own social media management company.
13. Affiliate marketing
In the world of online product sales, affiliate marketing is a low-friction means of getting started. While you will want an audience in order to sell these items or services, you have the potential to earn a substantial amount of money from the comfort of your own home. Some products or services have extremely high earnings per click, whereas others do not. That means that if you play your cards well, attracting traffic to certain offers and converting them into sales may be a lucrative endeavor if done correctly and with the right audience in mind.
Affiliate marketing opportunities can be found on a variety of websites, including ClickBank, CJ.com, and Rakuten LinkShare, among others. Look for the most appropriate offer and make certain that it is presented to the most appropriate audience while avoiding spamming individuals with it. Do your marketing in an ethical manner.
14. Create online courses
Creating online courses is one of my most favorite methods to earn additional money from the comfort of my own home. Now, this does necessitate an initial time investment on your part. However, just like any other passive income generating activity, you only have to do the task once and then get paid on a regular basis for it.
Take whatever expertise you have and devise a strategy for incorporating it into a course. Create your courses on platforms such as Udemy, Ankur Nagpal’s Teachable, or Jonathan Cronstedt’s Kajabi, and then sell them to your target audience.