Ever since I started my own website in 2016, I’ve purchased domain names whenever I think of one that could be worth something. Recently, I sold one of them on GoDaddy for $1,200 — a domain I originally purchased for $12. If you have a penchant for thinking of unique names for websites or businesses, domain flipping could potentially be a lucrative way to make money online. Here’s a great how-to guide by GoDaddy that shares tips for flipping an inexpensive domain for thousands.
There’s plenty of work and clients to be found. If you know where to look. To start, you need to know if there is enough demand for your skill to make it worth the effort to go out looking for work. Start by searching for freelance postings on sites like Flexjobs, SolidGigs, Contena or one of the dozens of other blogging jobs sites, WordPress developer job sites and even more skill-specific freelance job boards.
One of the trendiest new ways to make money online is to become a TikTok consultant. Brands will contact you for brainstorming video ideas, developing engaging bios, and more. It’s the perfect money-making opportunity for digital nomads – you can run the entire business from your smartphone. Compared to Instagram, TikTok is relatively new and untapped, so helping brands grow brand awareness on the app might turn fortunes.
I think dropshipping is the best way that can help you make money online. It is the only way that allows you to start an online business without investing capital in inventory or warehouse storage (you can buy products individually from a wholesaler and ship them directly to your customer). Moreover, with my dropshipping experience, you will learn key strategies that you won’t learn anywhere else to help your online business grow and thrive.
Are you a fast typist? Transcribing is simple: Listen to an audio file through headphones and type it out. “As a transcriber, your pay is directly related to how fast you type,” advises International Living. “Transcription jobs are paid by the audio hour (the length of the audio file), rather than by the hour worked. The time spent on a transcript is influenced by the audio quality, background noise, the accent of the speaker and the speed at which people speak.” The average transcriber—typing between 75 and 100 words per minute—will complete one audio hour in four hours worked. Consider the company Rev.com, which hires freelance transcribers.