#1: Learning about Affiliate Marketing
Affiliate marketing is one of the most effective ways to make money online. It is actually a method for creating passive income by advertising another company’s product on your website.
In the financial planning niche, affiliates include companies like online brokerages, online banks, and financial tools. These kinds of companies pay very good money if you’re willing to promote them.
Given its potential for generating revenue while expanding both parties’ networks, learning how to start affiliate marketing is a hot topic of inquiry.
While the type of affiliates you work with will vary depending on the niche you’re in, keep in mind that some companies will pay you up to $100 per conversion. It’s not too hard to start earning real money with that kind of return on your time.
#2: Become a Freelance Writer
Freelance writing is another way to earn online income if you don’t mind earning some of your money with active work. Another benefit of freelance writing is that you can gain exposure by writing for larger websites. Please also remember that a freelance writer can work for one or several clients as a contractor instead of a full-time employee. There is no limitations on how much you can earn if you have good skills!
At the first time it may take quite lot time to write with a low commissions from payers, e.g. $100 or $150 per article. But when you get familiar and improve your writing skills and get your name more popular, you can earn $250, $500, and even $1,000 or more per article!
Some freelance writers we know are even earning six figures or more writing from home each year. This includes blogger Holly Johnson, who earns over $200,000 per year writing articles for other websites. Johnson also offers a course you can check out if you want to become a freelance writer but need some help getting started.
#3: Create online courses
E-learning is a new and preferred way to teach and learn. It has gained more popularity during the pandemic. As it saves time and is cheaper, most people prefer online learning to conventional physical education.
But keep in mind that you have to deliver the goods and make sure your product is high quality. If you sell crap just to make a buck, you’re going to lose street cred pretty quick.
You can create online courses on Udemy and Thinkific or Teachable. These are online course creation platforms that we use and recommend.
#4: Start a Youtube Channel
A YouTube channel is free to create, and there are many ways to earn from it. You can become a YouTube partner and run ads on your channel.
YouTube ads are easy because all you have to do is turn on ads every time you publish a video. Obviously, you’ll earn more money with this strategy as you build your viewership.
To become a Youtube partner requires you to fulfill specific criteria like having a minimum of 1000 subscribers and 4000 watch hours. This may take some time to accumulate.
Once you gain 1k, 10k, 100k, or even more subscribers you’ll be ready to educate and provide more valuable content for your audiences. Even though you want to learn how to make 100 dollars fast, remember that this is a marathon and not a sprint.
For the audios to use in your Youtube videos, you can use our subscribed packages to convert any Text to Speech online!
#5: Buying and Selling Websites
Another way to make 100 dollars per day is from buying and selling websites. People buy and sell websites all the time for a variety of reasons. And, if you know what to look for, it’s easy to buy websites that can help you earn some passive income over time.
If you want to check out websites and URLs that are currently for sale, head to Flippa.com. As an entrepreneur, Flippa offers you various already established websites to purchase at a reasonable price for your business growth.
#6: Launch A Niche Blog & Monetize It
After the pandemic, when almost everything has gone online, having a website and a substantial digital presence will open many doors to making money for you.
Blogging is one of those doors. It will also help you build your personal brand. When you could make high quality posts with a good base of audiences, you can monetize your blogs using Google Adsense or Text Links.
For Google Adsense, you simply sign up and if you are qualified, Google gives you a code to copy and paste onto your website. From there, Google does the rest and you get paid any time someone clicks on your ads and/or makes a purchase.
If you’re wondering what text links are, check out any article on the web and you’ll see highlighted words you can click out to take you to another web page. Unfortunately, please keep in mind that selling text links is against Google’s terms and conditions. If you are doing this on a consistent basis, your website is going to tank over the long-term.
#7: Display sponsored Posts
With a sponsored post, a company pays you to talk about their product or service on their website. When you can build a/many high quality sites as mentioned in #6, a lot of companies will come to you themselves to have you show their sponsored contents!
If you plan to do sponsored posts, I definitely recommend only working with companies you believe in and feel good promoting. If you promote anything and everything without making sure it aligns with your values, you probably won’t gain a lot of trust from your readers. Over time, this could hurt your efforts to grow your website more than the income from sponsored posts helps.
#8: Sell A Physical Product Online
Physical products can help you earn real money, so make sure to explore the different products you could sell. This could mean drop shipping products you market as an affiliate, but it could also mean coming up with your own product to sell.
For example, several popular YouTubers have their own stores they use to sell physical products. Jeffree Star sells makeup, for example, and Jake Paul sells all kinds of fan gear through his online store.
If you want to sell online, Shopify and Etsy are excellent platforms to get started.
Shopify is a done-for-you platform where you can list your products and accept payments.
Etsy is another e-commerce platform focused on handmade or vintage items and craft supplies.
Whether you sell with Shopify or Etsy, selling online done right can bring $100 or more a day in a short duration of time.
Put simply, coaching is a process that aims to improve performance and focuses on the ‘here and now’ rather than on the distant past or future. In coaching, fundamentally, the coach is helping the individual to improve their own performance: in other words, helping them to learn.
If you have expertise in a specific field, you can also use the internet to build up a coaching business. How much you earn depends on the type of niche you wind up in.
According to Julia Stewart, executive coaches make around $325 per hour while business coaches make more like $235 per hour. Life coaches, on the other hand, are able to charge approximately $160 per hour.
If you’re an expert in your field and people are constantly asking to “pick your brain,” you should start charging people . Your time is valuable and so is your advice!
#10: Become A Virtual Assistant
As a virtual assistant, you get to choose who you work for and what tasks you take on. You’ll be able to manage your own schedule and work from anywhere.
Virtual assistants work remotely and perform a vast number of tasks, majorly administrative, data entry, writing, graphic designing, social media management, and other tasks demanded by their client.
You just have to believe in yourself, know your strengths, learn the basics, and you will be able to set up your VA business in no time!
If you have any skill that you can offer remotely, sign up at Fiverr or Upwork to start getting work. And it’s completely possible to make a full-time income within a month or two of starting.
That is all for now, more ways to come later in the part two!