“How do I make money online?” – That seems to be the question everyone is asking these days.
As the Internet has grown into something more than a medium for exchanging messages, news, and gossip, countless people are now making a living with their online ventures.
No, and I don’t mean just scraping by when I said “making a living.” I mean running businesses that yield millions in revenue and lead a lifestyle most can only dream.
While the allure of being an entrepreneur and living the free-spirited laptop lifestyle might be irresistible to many, only a few make it to the big leagues.
In fact, most people quit even before putting in any work because the whole process feels so overwhelming.
I’ve been there, so I know.
However, I decided to persevere through all odds and find success; not wait for it to come knocking on my door.
In this guide, I’m going to tell you about 6
Ways you can make money online
using my footsteps.
Beware: this guide isn’t about getting rich overnight, so if you came here hoping to find such info, I’d say you’d have better luck spotting a unicorn
1. Selling gigs on Fiverr
If you have a skill, you can sell it on Fiverr. Graphic design, copywriting, social media marketing, SEO, translation, voice over, animation, and even pranks to play on people – you can register yourself as a freelancer for pretty much anything. The question is: are you ready to put yourself out there and compete with hundreds and thousands of other freelancers?
I made a gig on the platform to see if it’s possible to make money and guess what, I had $ 200 on my account by the end of the week.
My personal experience in making money on Fiverr proved two things:
1) getting yourself noticed isn’t as tough as some people say;
2) it is possible to make a full-time income.
How to get started?
- First, think about the skills you possess that can be effectively monetized
- Visit Fiverr and complete the registration process
- Verify your account by clicking on the unique link sent to your email
- Login to your new account and head over to the ‘Selling’ tab and then click on Gigs. Click on ‘Create a New Gig’ to get started with creating your very first Fiverr Gig
Things to remember
Congratulations! You’re now officially a seller on one of the world’s most popular freelancing platforms. Now, you just wait for the money to fall onto your lap. NOT! I hate to break it to you, but registering yourself on Fiverr is not even half the battle. Heck, the battle hasn’t even started yet!
Now you have to market your gigs in places of interest and be willing to eat dirt (not literally) to get the first few orders. Do this well, and you’ll probably have a decent number of 5/5 ratings and positive reviews to boast about. But, how do you promote your gigs?
Well, you can try by joining a couple of Buy/Sell Facebook groups, cheekily ask a friend to place the first order, or reach out to businesses that you think can use your help. The idea is to get the ball rolling so that Fiverr starts sending more traffic to your offering.
Don’t worry; you aren’t doomed to earn $5 per sale for the rest of your life. You can increase the price as you gain experience in the industry and more positive reviews. Competition is fierce, so be vigilant and polite at all times.
2. Lending money on Reddit
I know, I know, you should never invest money that they can’t afford to lose, but I bring this proposal only to those who have a high-risk tolerance. In other words, people like me. Visit r/borrow and you’ll see at least a couple dozen people looking for short-term loans and are willing to pay back with interest.
Of course, there are also people lending them money and making a decent income on the side. Hey, you’re lending money to people on the Internet, what could possibly go wrong? I understand your skepticism, but really, this can be a lucrative way to make some passive income if (and that’s a big IF) you’re careful.
How does lending money work on Reddit?
I’m not going to lie; this is a high-risk venture. Even if you don’t end up losing money (courtesy PayPal), recovering the principal amount may prove to be a mentally exhausting and time-consuming task. So, think twice before engaging in the thread.
A pattern you’ll recognize is that all those who are asking to borrow money is to cover an unexpected expense. It’s okay, lots of people don’t want to borrow from their friends and family. What you do have to look out for are those who want ridiculously low amounts such as 10 or $ 15.
Many of the low sum borrowers are just looking to build a positive reputation only so that they can scam someone else of a more substantial amount later on.
Here, you can read more about my Reddit money lending experience with a Canadian woman and how I almost got scammed.
Points to remember
You can never be too careful when dealing with matters involving money. So, keep these points in mind if you decide to try out lending money on Reddit:
- Never lend money to anyone without knowing their borrowing history
- Do a thorough background check by observing the prospective borrower’s personal Reddit page, their karma, previous comments, and borrowing history
- Always use PayPal as they offer a 6 month protection period
- Am I being too much of a skeptic here? If I am, it’s for a good reason
3. Selling videos to media
This is another one of my favorite methods to earn some easy cash. And you can make some money too, without being a professional vlogger, videographer, or whatever. All you need is a video that’s unique and a little bit of luck. Okay, I might have made it sound too easy, but hear me out for a second.
What you see below is a screenshot of my earnings from just two videos on a platform called Rumble, which I believe is terrific for getting featured.
Other two sites I recommend you check out are Newsflare and Jukin Media. But before that, let me give you a brief rundown on how things work.
When you submit videos to sites like Newsflare, Jukin Media, and Rumble, it gets an opportunity to be viewed by big press agencies such as The Telegraph, Yahoo, AOL, etc. Press agencies you could not have made contact with otherwise. And if your video gets picked up, you earn 50% of the total revenue generated.
How do you think non-traditional online news communities like Lad Bible, UNILAD, Viral Thread, etc. post dozens of original videos every single day? Now, coming to the main question, “how do I improve the chances of my video being picked up?”
Well, if you happen to be someone who is always recording stuff, I’d say sooner or later you’ll capture a video that the world would like to see. Here, you can read more on how to sell videos to media.
4. Make money on YouTube
Okay, everybody knows that they can make millions from YouTube. The real question is how? One thing’s for sure—it’s not easy! Yet my friend, Luka, made a killing by growing his channel to 100,000 subs in a year through sheer talent, hard work, and perseverance. Read all about his success story and how to grow big on YouTube.
If you follow the advice Luka has on his guide, I’m sure you’ll also make good progress on the journey to becoming a YouTube star. And practice Gary Vee’s philosophy of “Micro speed, macro patience,” meaning take massive, imperfect action every day, but be patient enough to see through everything in the long run.
Who wants to take the time to go out there and make videos? Not me.
Luckily, there are several ways to make money on Youtube and NO you don’t have to make videos and NO, you don’t need any subscribers.
You probably know this. Each time someone uses the link to register, I get a commission.
5. Selling on Amazon
What started as selling custom candy packages at school led me to sell DVDs on eBay, and eventually running my very own successful Amazon FBA Business. FBA or Fulfillment by Amazon is a business model where you get the opportunity to partner up and use the resources of the world’s biggest e-commerce site to sell your merchandise.
As a third-party seller, I got access to Amazon’s acclaimed customer services and shipping options that are trusted worldwide. What did I have to do? Just find some products having the potential to be bestsellers. Here’s how the process goes:
- You send your merchandise to an Amazon fulfillment center or have it picked up
- Amazon stores your products, be it a single unit or a large inventory
- Amazon receives an order, packs, and ships your product from the storage to the customer
- You make money and gain loyal customers due to Amazon’s shipping and customer service
Sounds easy enough? Well, the tough part is finding the products that are in demand. I did a good job at it, and 16/17 products turned out to be star products. Thanks to Amazon FBA, I still make a handsome amount of money daily.
Here you can read all about my entrepreneurial flipping ventures – from childhood flipping candy to running the Amazon FBA store.
Start a blog
I know what you’re thinking: “How on Earth am I supposed to make money blogging when everyone and their mom and their cat are doing it?” Well, it’s true that blogging, for the most part, has become a common hobby, but it’s also true that only a small part of the “blogger” population makes money.
I belong to the small population who do make money as you can infer from the image below.
Yea, this blog currently has over 330k visits, at an average of 30k per month. I’ve made approximately $1K per month so far, which isn’t exactly a lot, but still quite useful as passive income. I’ve made many mistakes and learned from them. You will too! But here’s some advice from me that will probably save you a lot of time and frustration:
- Take the time out to do proper research and narrow down on a niche that you know much about.
- It’s crucial that you write on subjects you enjoy; otherwise, the interest will fade even before you see the first dollar coming in.
- Post frequently so that your blog stays active, but don’t write for the sake of writing. Bring value and people will love you.
- Drive traffic to the blog by being active on Facebook groups and other forums such as Quora, Reddit, etc.
- And lastly, do not forget SEO. Ranking top on Google is what’s going to bring in the passive income.
I love hustling, and it’s pretty much the only lifestyle I’ve led so far. Making income on the side has given me a level of financial freedom that I dare say wouldn’t have been possible with a salaried income. But making money is only half the battle; the rest is about saving and investing your earnings so that it yields good returns.
I sacrificed a lot of things to get where I am today. I sacrificed my time out with friends to build a house without any loan and spent many nights awake trying to put together the pieces of the whole ‘be your own boss’ puzzle. It gets hard sometimes, but I have zero regrets.
Anyway, enough about me; just thought I’d give you a realistic account of what it means to be me. How are you planning to get started? Did you learn anything new by reading this blog? Let me know in the comments section below.