These days more and more people are finding that they aren’t limited to a single source of income. With all the unique money-making opportunities available, many people are finding that they can earn a few extra hundred dollars a month by thinking a little outside the box.
While all of the opportunities listed below are legitimate ways to make some money, it would probably be unrealistic to expect to make a full-time income from any of them individually.
So check them out and let us know in the comments which ones you like best and earn the most for you!
- Freelance WritingYou can decide to become a freelance writer and, if you’re fortunate, get an assignment that very same day. Obviously, the better your skills and training are, the better your projects and freelance writing rates will be.
Today’s freelance writers can choose from a variety of markets. You can write for magazines, either online or in print. You can blog by setting up your own site, or by writing for someone else’s. The market for new articles on the Internet is vast, and there’s plenty of work to go around.
Additionally, book publishers are always looking for the next big book. People need sales letters, white papers, website copy, and e-books. In other words, there’s an ocean of work to do, and if you’re an ambitious writer, you can dive in and profit.
If you want to work from home as a freelance writer, consider this checklist before you get started:
- Samples. You’ll need some samples before you can really begin marketing yourself. Figure out which market you want to approach first, and then find or create some related samples. For instance, if you want to try your hand at blogging, study some successful blogs, and then write a few posts of your own to use as samples. Do this for any and every market you’d want to write for.
- Tools. You don’t need much to work as a home-based freelance writer, but there are some tools that you must have. The most important will be your computer. Get the fastest Internet access that you can afford. It doesn’t matter what kind of computer you get. Just make sure you’re comfortable enough to spend a lot of time with it. Most clients will request that you submit your work as a Microsoft Word document, so make sure that whatever programs you use are compatible. In addition, because you’ll be spending so much time at the computer, make sure that you have a good work area with proper lighting. Some clients will want to be able to reach you by phone or email, so have both set up and accessible. You’ll need an invoicing program, such as Freshbooks, and a good bookkeeping system to keep track of sales, orders, and accounts receivables.
- Job Boards. When you’re first starting out, you’ll have to go looking for work, and the best place to do that is on one of the online job boards. Places like Guru, Elance, Freelancer, and oDeskare today’s writers’ best friends. They allow individuals and businesses to post projects, and freelancers to bid on them. Take a look around the sites, sign up for the free access in the beginning, and then begin to place bids on the projects that interest you. It will take some trial and error to find your groove, but once you do, the jobs will start to roll in.
- Persistence and Commitment. You’ll need to have a good amount of persistence while pursuing freelance writing gigs. This business is subjective, and while one person may love your writing, another may not. Do your best to always produce good, solid copy and hold on to your commitment to do the best you can for your clients. Just by committing to do those two things, you’ll be miles ahead of your competition.
- Become a ‘Clickworker’
The Clickworker.com concept is based on ‘internet crowd-sourcing’ where businesses advertise specific, scalable tasks they need completing quickly. And for us, it’s an easy way to make fast cash from our couch.
There are a variety of tasks, but most commonly they involve mindless data entry, web research or form filling. You are rewarded and paid in cash (via Paypal) for the work you do, and you can choose for what and when you work.
- Gigs on Fiverr
Fiverr is now the world’s largest marketplace for people to make money selling small services (known as ‘gigs’).
A Gig is a job offered online by individuals or companies. It could be absolutely anything, from writing and translating, social media posting, playing pranks and teaching to creating music, voiceovers and short video clips for people all around the world!
The default price is $5 (hence Fiverr..), but you can attach extra services to gigs for more money. Whilst it might not seem like much, it can quickly add up and there are plenty of examples of people making a really good living from the site. The key is to get a system in place which minimises the time spent on each gig.
But there is another way to profit even more from Fiverr for potentially far less work. How? By simply reselling gigs elsewhere. For example, find a decent logo designer then reply to jobs on Upwork or even local classifieds. A $5 spend can easily become $50+, and it’s repeatable!
- YouTube videos
According to recent stats we now watch more videos on YouTube than searches on Google. And with the recently introduced YouTube Partner Program you can now profit from making and uploading videos. You will receive a percentage of the advertising revenue collected per 1,000 views.
Depending on how successful you are (virality, subscriber base and topic) you can make a lot of money, and there are plenty of stories every week of more and more YouTubers making it their career.
- Start a blog or online business
Blogging is fun. You get to write about things you like and meet people online who share similar interests. You can start a blog for as little as $2.95 a month (less than a cup of coffee!) using platforms such as blogger, tumblr, Wix, squarespace and wordpress. Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like: Travel, Health, Technology, Personal finance, sports etcetera. You can also earn income from visitor’s traffic, pay per click adverts, paid reviews and cost per click network adverts.
Create An App
Yes, this is far more technical. Unless you have the right app-development skills, doing this is going to be a significant undertaking. But, apps are also a great source of passive income when done the right way. You can reach a massive audience of smartphone users by building a great app.
However, like anything else truly worthwhile, apps require a significant investment of your time or money upfront. If you don’t have the skills, then you have to hire someone who can assist you in creating a great app. But first you need to come up with an idea that will sell. Do the proper market research and analytics to come up with the right app.
- Get paid for your opinions.
Taking surveys online can be a relatively quick way to earn enough to afford a few extras. SurveyClub, for example, awards points for the completion of online surveys, which can take between five and 25 minutes to fill out. Survey takers accumulate points and can redeem them for gift cards from retailers such as Amazon and Starbucks. Other online outfits that will pay you to take surveys include Global Test Market and Swagbucks. There’s no cost to sign up.
- Become an Online Tutor
Education is one of the world’s leading industries, and the private tutoring market alone is expected to top $102 billion by 2018.
Have you ever considered becoming an online tutor to make extra money? Well, if you haven’t, you most certainly should. You can make some serious coin by answering student’s questions, explaining your notes and uploading tutorials.
That’s right, by sharing your knowledge, you can be rewarded handsomely.
Ty marketing your services on a site like Tutor.com, where instructors earn $9-$13/hour, plus $5.50/hour just for being logged in waiting for students.