“Podcasting doesn’t have to be complicated,” says International Living. With a microphone, laptop and free recording software, you’ll be up and running. Plus, podcasts don’t need to run every day (once a week is best) and are better when they’re short. There are a number of ways to make money from a podcast. The most obvious is commercial sponsorship, but you can also use it as a platform to advertise your own products or services. NPR has a great guide to launching a podcast here.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
A few weeks ago my lawnmower broke down and I wasn’t sure where to take it. When I told my next-door neighbor, he offered to fix it for me. It turns out he has a side gig repairing broken lawn mowers for locals. If you have a similar skillset or general handyman knowledge, this may be an easy way to make money from home. Call around to neighbors who might use your services and mention your offering in conversations with friends and family. Word of mouth can be a powerful marketing tool, but apps like TaskRabbit and Amazon Home Services can also help spread the word.
“Life coaching is a thought-provoking and creative process that helps people focus on both personal and professional goals,” advises International Living. “People use life coaching to overcome fears, boost their self-confidence, create goals and instill success-oriented habits.” You can find thousands of online training programs on how to be a life coach, and many certification programs offer an entire website setup once training is completed. If travel is your area of expertise, you can even become a travel coach. Read this story about a travel writer who became a travel coach.
If others can make money from YouTube, so can you. The highest-paid YouTuber is 7-year-old Ryan, who reviews toys on his YouTube channel, which made him $22 million in 2018. Another high earner is Jeffree Star, who’s made more than $18 million on YouTube and has a cosmetics brand that sells about $100 million in products annually. His YouTube (and Myspace) fame helped him use his influence to make money online beyond his YouTube earnings.
Take good pictures. Some of the options below don’t require you to actually take the picture and sell the product, but for the ones that do, make sure you take a clear picture that makes your product stand out from the others. If you’re going to be taking a lot of pictures, set up a small “studio-like” area in your home with a backdrop and proper lighting to really make your pictures come across as professional. And of course, you’ll want a good camera too.
Consulting has an inherently corporate connotation. However, anyone with deep knowledge in a particular subject area could make money as a virtual consultant. Unlike freelancers, a consultant’s work is less hands-on. Rather than doing the work yourself, you provide clients with the expertise that allows them to take informed action. If you’re an expert in search engine optimization, for example, you may consult with clients to create an SEO strategy, then teach their employees how to implement the changes.
It’s not the sort of online money making opportunity that’s covered in glory, but everyone needs a set of eyes to make sure the numbers add up at the end of the year. Every business and most individuals need someone to help prepare tax returns, especially time or resource-strapped small business owners. The Income Tax School provides an array of training programs that’ll certify you with tax prep in as little as 10 weeks, and once tax season rolls around you’ll be able to charge an average of $229 per return as a freelance tax preparer with this way to make money, reports CNBC. Plus, this skill also creates the opportunity to spin your expertise into a larger online business where you could produce written content, videos, podcast episodes and further niche down into a specific industry like advising on taxes for bloggers.
SEO — Search Engine Optimization is the process of organically trying to get your content to rank for valuable phrases in a search engine (Google and YouTube, for example). It takes a long time to generate traffic this way, but it’s extremely lucrative once the ball gets rolling (give it at least 6 months of consistent content creation and optimization).
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out the Squadhelp platform where you can earn a little extra money online by naming brands, services, products, company slogans and even help out on the logo design front if you’ve got the chops.
Proofreaders help authors, bloggers, and even court reporters ensure that their content is grammatically correct and error-free. A proofreader’s role is to be an extra set of eyes after the author and editor have finished their job. They act as a fresh set of eyes to spot any errors that may have previously been missed. Learn how to make money as a proofreader.