Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
During my high school days, I was a pretty decent golfer (about a 2-3 handicap, for you other golfers out there). I was asked by my local club professional if I would help him teach his junior golf clinics that summer. If you have specialized skill in any sport, there are definitely opportunities out there for teaching others the fundamentals (and getting paid).
You know those top-down cooking or craft videos you just can’t seem to get away from these days? There are people out there making a living from them. 78% of B2C companies depend on user-generated content, like those videos, for their marketing campaigns. You can sign up as a creator on a site like Darby Smart and potentially work with brands like Nordstrom, Mattel, and BarkBox. Or, learn how to master PPC advertising and you can use the content to build your YouTube following and monetize through ads and views.
Every successful business has an automated sales funnel. Yet, so many businesses are completely unaware of the power of an effective funnel. Sales funnels provide automation in the sales process. They help you build a relationship with your audience and develop a bond with the consumer. There are plenty of tools you can use to build a sales funnel, but the world's most successful businesses often create custom-coded funnels.
The ego is the driver making the decisions. It decides between the devil (the id) and the angel (the super-ego) on either shoulder (yes, all those cartoons you've ever seen are partly true). We have voices in our mind, and it's up to the ego to decide which one to fulfill. Its goal is to satisfy the id in some way while also attending to the super-ego.
Websites like Care.com connect parents with babysitters. The company does all the background checking and other due diligence to put parents' minds at ease. Of course, you can appeal directly to people in your personal network, but if you're looking to generate recurring revenue sign up with a site marketing to parents looking for child care services.
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you'd like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.
If you love preparing foods for people to enjoy, you might like doing some catering work on the side. It's a gig you might even do with a friend. Perhaps start by doing some jobs for people you know, and then you might start getting referrals. It will help if you have some culinary training, of course, and you'll also want to look into any laws regulating caterers in your area.
Whether it’s an important consumer application, a specialist app to solve a particular niche problem, or even a time-wasting game you can play on your phone, you can create a massively successful business if you build software that helps people. (Look at the rise of Slack—the team communication software that went from side project to billion-dollar company in just 2 years.)
So many people dream of writing a book, but never go through with it. Yet no matter what, I’m sure you have experience and value you could give through writing a book. By packaging your skills and knowledge into a downloadable eBook that helps people learn a skill, advance their careers, or start a businesses, you can change someone’s life and even make good money online. You'll just need to employ an easy tool like Sellfy in order to quickly sell PDF files (like an eBook) to your readers.
Complete errands or tasks for the elderly. Older people often need help with buying groceries, cleaning their home, performing home maintenance, and paying bills. To find clients, contact your local community center or church to find out if anyone needs help. Additionally, you might post an ad in your local classifieds or talk to people you know to find out if they know someone who needs help.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
Find your niche partners, collaborators, and champions: As you’re creating your course, look for notable people who are also creating content in the space. Look at how their businesses operate and incorporate that into your own plan. You can also reach out to any influencers and make them affiliates for your own course. This way, they’ll be incentivized to share your content with their own audiences (which can be a major way to generate your first sales—it helps if you're using one of the best CRMs for small business—and start building your own community!)
Hi Ryan, your blog and advice is so helpful, thank you. I am planning to start a blog and podcast around personal development, that I have found a niche in, that can hopefully help many people. Should I start with the blog or podcast, as both will be a learning curve for me as a beginner. Also, may I please ask you if there is a chance for a brain storming chat with you via email or is that not something you offer. I would so appreciate being able to run my idea past an expert. Thank you
Like creating podcasts, blogging is a way to make money that can be hit-or-miss. You'll need to offer compelling content and to reach a lot of interested readers in order to be successful. If it works out, it can be a very satisfying and even fun way to make money. The money generally comes in via advertising and/or affiliate marketing. For example, if you have a blog about travel, you might collect some advertising income from ads that run on your web pages, and you might also link to travel-related products on your blog -- perhaps even writing about them. You might write about how best to pack lightly for a trip, and then link to some great travel gear you recommend, with the links leading you to get a small percentage of every sale that occurs through the vendor (such as Amazon).
And while you can earn up to $50 per survey you take, they have a more generous earnings opportunity. Refer them a new survey taker and they’ll award you $5. Take a survey if and when it’s available to you, but focus more on referring users. It’s a guaranteed income stream that isn’t dependent on eligibility, and if you get good at recruiting, you can make some serious coin.
Few of us love taxes or tax season, but if you don't mind filling out tax returns and you're good at it, you might make some extra moolah by preparing returns for others. Some companies, such as H&R Block, Jackson Hewitt Tax Services, and Liberty Tax Services, hire seasonal preparers and offer training for them as well. You'll do well to have an accounting degree, of course, but those without that background who take the time to get up to speed on basic tax return preparation may be able to prepare plenty of simple returns.
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It doesn’t pay much, but if you’re a healthy person and want to make a bit of extra money online, the AchieveMint app will reward you for doing things like walking, tracking your food, or taking health surveys. AchieveMint works by connecting to fitness apps you might already be using like Fitbit, RunKeeper, Healthkit, and MyFitnessPal and then giving you points for certain actions. For every 10,000 points, you earn $10 with no limit on your earnings.
If this is the first time you are hearing about this, though, then we actually do not recommend trying it. The average skill level of players on the internet has improved so much over the past few years that it’s virtually guaranteed that a new player will lose money over the long run. But hey, Ben made upwards of 6 figures playing online in poker in college, so we had to list it. 🙂
Utilize websites like Payscale.com, Salary.com, and free salary guides from Robert Half and Randstad to find out what a competitive salary might be for someone with your expertise and education in your area. Document everything that you have accomplished at work in the past year and present it to your employer. When you are making an honest case for yourself instead of demanding a raise, your employer will at least consider your request.