A friend of mine recently fulfilled a decades-long dream of owning chickens. According to his calculations, his 20 chickens should provide 15 or so eggs per day. When I asked what he planned to do with all the extras, he said, “Hadn’t thought of that. I guess I’ll sell them.” His new hobby became an unexpected side hustle. If you love to garden or grow your own produce, consider selling the excess to friends and family or online sites like Facebook Marketplace. Get more inspiration for hobbies you can use to make money.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off, there’s still plenty of others that you can get your hands on for relatively cheap and broker as a way to make money online. Before you dive in, however, beware that some experts doubt the long-term viability of this idea for making money online. However, there’s always the chance you might just land on a lucrative domain name for a future billion-dollar company. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names.
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trips a reality.
Just be sure to put a lot of care into your product listings. Everything from learning how to write a headline that’ll capture attention, to how effective the description is at convincing potential buyers your product is better than the rest, and even taking care to shoot high quality product photos can have a dramatic impact on your sales. I recommend using photo editing tools like Fotor, which gives you the ability to edit your images, create captivating graphic designs and more.
Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
The platform you sell your course on will determine how to best make money. If you sell your course on Udemy, you don’t have to do much to promote it. You can almost set it and forget it. Maybe promote it to some blogs or on your own website. However, if the course is hosted on your own website, you might want to run ads to promote the course. You can also build an email list so you can continue to promote future courses to that same audience.
To create a popular and successful course, your best bet is to watch other courses on your topic. Then, look at the reviews. What are the aspects that people praise, and what are the things people hate? How can you create something better than what’s already been created? Focus on creating content that solves the biggest complaints while emulating the positive aspects people rave about.
Where consultants provide a plan of execution for clients, coaches help clients create a plan for themselves. When I started my financial coaching business, I thought I would mostly tell people what to do with their money and then they would do it. But I quickly realized that what my clients needed most was help overcoming limiting money beliefs and staying accountable to their own goals and plans. You can become a coach in any area from Instagram marketing to personal finances and business. Tools like Acuity and Zoom can help you book and meet with clients virtually.
There are several ways to make money blogging. You can add affiliate links in your posts (don’t forget a disclaimer). You can monetize with AdSense by placing ads strategically on your website. Sponsored posts can help you make money from specific brands – this is popular among review bloggers. Bloggers can also sell digital or physical products on their website either (hint: you can add Oberlo products to your website). You can also use it to build authority so that you can eventually get speaking gigs, television deals, or big contracts from clients.
Opdyke also points out that for all the damage coronavirus has wrought and all the damage still to come, it might have some positive outcomes when it comes to the work world. “What this crisis is demonstrating is the capacity for so many workers to untether themselves from cubicles and work from home—or wherever,” he says. “In the cold, corporate calculus of a post-corona world, I think we’re going to see an increasing number of visionary companies realize that there are vast cost savings to be had in letting workers work from wherever. There’s no need to pay the costs of running a cubicle farm when workers already have places they can work—their home, a coffee shop, wherever. And I think we will see increased productivity from this because workers will be motivated.”
Thanks for a nice job. I am currently promoting some of the affiliate programs listed here and making a few dollars from them. But I must say that making money from affiliate programs is not rocket science; it requires hard work and perseverance. Affiliate marketing keeps evolving daily and any serious affiliate should be ready to change tactics and invest time and money in order to beat the competition.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
Want to know how to make money fast driving Uber? If you own your own side business, you can showcase your products to your passengers if they’re interested. Not all will be, though. However, if one expresses interest in your products, you can have products for sale under the driver’s seat for a passenger to sift through. If customers don’t have the cash, you can ask them to pay its cost with Uber’s tip function.
Have you heard of drop-shipping? It’s a method of retail where the seller doesn’t actually have a physical inventory. Instead, when a customer makes an order, you purchase the item from a third party, and they ship it directly to the customer. “This means you’ll never have to fork over a single dime to store your products or maintain your inventory,” advises International Living. “And you’ll never have to buy products in bulk, hoping to sell enough to recoup your investment.” This method can be done with online selling platforms like eBay or Amazon. You can find out more about drop-shipping in this helpful article from Shopify.
You’ll need to find a popular game or channel that isn’t overly competitive so that people can easily find your content. In order to make money online from streaming, you’ll need to have a consistent style to your channel: is it going to be funny, educational, or entertaining? Engaging in the chat feature on Twitch is another way to grow your following. You’ll want to communicate in popular chats. However, you’ll also want to engage with those chatting on your streams as well.
I used to have a habit of holding on to all my old laptops and cell phones, even after I upgraded to a newer model. That changed when I discovered Buyback Boss and sites like it where you can sell your old electronics. I recently got $60 for trading in my old iPhone 7 that’s been sitting in my closet for two years. Buyback Boss gives you an instant quote and offers a highest-price guarantee. If you find a better deal on another site, send it your quote and it’ll match it, no questions asked.