Today, if you’re at all serious about succeeding in any endeavor, whether online or offline, you have to deliver enormous amounts of value. Yes, you have to do the most amount of work for the least initial return. This is especially true online. Why? Because it takes time to build authority and create an audience, two primary ingredients necessary to succeed in the wonderful world of commerce on the web.
Every successful business and person has delivered a tremendous amount of value at the outset. They did the most amount of work, and they inspected every detail meticulously, to ensure that they were doing right by their customers. As long as you keep that in mind, and you don’t look for a quick buck, you’ll succeed in the long term.
So lets get to it:
1. Write And Sell An Ebook
If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
2. Sell Audiobooks With Audible
I’ve been in the audiobook-selling business for some time now and have over 3 dozen titles to my name. I know a thing or two about audiobooks. And, what I’ve noticed recently is that audiobooks are growing in popularity as their digital-ebook counterparts are becoming less and less popular.
3. Create An App
Yes, this is far more technical. Unless you have the right app-development skills, doing this is going to be a significant undertaking. But, apps are also a great source of passive income when done the right way. You can reach a massive audience of smartphone users by building a great app.
5. Use Mechanical Turk
Mechanical Turk is Amazon’s take on micro-jobs. These are small miniscule-jobs that you can do for other people, which they call HITs, or Human Intelligence Tasks. These are super simple tasks that anyone can do. Some examples are listing off some URLs with certain kinds of images for one cent, or recording a few phrases with a microphone for 6 cents.
5. Offer Gigs On Fiverr
If you have some professional experience in graphic design, accounting, social media marketing, web development or SEO training, for example, you could offer gigs on Fiverr starting at $5 per job. You could perform a valuable service that you could also up-sell to make more money per gig.
6. Sell Professional Services On Upwork or 99Designs
Upwork and 99Designs are two of the biggest resources for selling just about any professional service under the sun. If you have extensive experience in a field, you might want to consider selling your services through one of these sites. 99Designs only applies to graphic design while Upwork applies to nearly every other professional service.
7. Build A Blog
One of the most exhaustive endeavors when it comes to making money online is to build a blog. But we all know that building a blog with real readership is difficult. It takes a lot of work. And I’m speaking from experience. However, once you reach a certain point, the progress and momentum sways in your favor and it becomes far easier.
9. Auction Items On Ebay
Ebay is a bellwether. It’s been around since nearly the start of the online boom. But, like any other platform, success can seem fleeting if you don’t know what you’re doing. Selling items on eBay, professionally that is, can be an art form. Getting people interested in your auctions isn’t always easy, especially when there’s hefty competition and low demand for what you’re selling.
10. Rent Your Home On AirBnB
Rent your entire home or just a room on AirBnB. This is a simple and effective way to make money online, especially in the short term. While you won’t get rich doing this, you can generate thousands of dollars per month for the right place. And, if you live in a sought-after vacation destination, then you’re certainly in luck.
11. Drive For Uber Or Lyft
If you live in an area where Uber or Lyft operate, why not become a driver? If you’re looking to make some short-term cash, you can definitely rake it in by working for one of these popular car-hire apps. As long as your vehicle fits within the specifications of their program, and you have a clean license, you could do this on the side, especially if you’re in a crunch for cash.
…find a niche and stick to it. Because at the end of the day, there are many many more ways to make money.
Now you know…
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