Updated: May 6, 2021
What are some of the best ways to make money online? Forget huge lists of online money making ideas. You don't need that.
What you need is a fast, reliable, and dependable way to make money online. You'll need a career that you can call your own. You need a way to start with minimal overheads (actually, no overheads) and still be able to run a profitable online business.
If you are trying to start an online business, I can totally relate to you.
The concept of "making money online" is completely screwed, thanks to some shady, questionable practices followed to this day (if you aren't careful enough). If you thought that data entry, stuffing envelopes, or buying some fancy CD (because you read a shady newspaper ad and followed through), you are wrong.
Digital entrepreneurs are real. You know some of them already, don't you?
In this blog post, we will talk about different methods for making extra cash wherever you are in the world. "Make Money Online" is a phrase that many people search on Google every day.
It becomes even more popular during tough times as people look for opportunities to supplement their income.
Thankfully, there are plenty of legitimate ways to make money online these days.
Got skills? It pays.
Are you a tech whiz? Have you been learning HTML, CSS, Ruby on Rails, Python, or WordPress?
Or are you good at writing (blog posts, content marketing, social media posts, copywriting, and more)?
Or are you an illustrator or designer?
You should seriously consider doing freelancing. By freelancing, you are a solo entrepreneur (unless you want to go off the agency route, start hiring people, and then get things done).
Start by listing out all the things you specialize in. What are you good at? Here are some helpful pointers:
Good at writing? Are you resourceful enough? Can you do research and put things together in strong and clear words? Consider doing freelance writing.
Did you learn HTML, CSS, or Python? Are you good with WordPress? Become a website designer.
Good at managing people, staying organized at work, researching, or following instructions, consider being a virtual assistant.
See where I am going with this?
Then, figure out your hourly rate (or work on a fixed rate) and start with online boards like Freelancer.com (I wouldn't recommend), Upwork (formerly Elance), Guru.com, PeoplePerHour, and several others.
Check out my course on Freelancing.
Affiliate marketing is a form of internet marketing where people make money by promoting other company’s products.
This isn't new at all. Your neighborhood Croma showroom, Bajaj Electronics, and even your Mercedes-Benz dealers do exactly that (the difference being that they sell on margins).
Affiliate marketers do things differently:
-- They sell for commissions (one-time or recurring), and
-- They do everything they do as digital entrepreneurs.
The affiliate marketer will earn commissions from the sales that they generate in their promotion. This is one of the most popular ways to monetize your blog, and it's also an easy way to make money.
This is a crowded global market, just like writing. But then, the world is too big for any single market, and clients keep hopping from vendor to vendor anyways.
As long as that happens, we are in business. Website design is expensive in the developed countries.
If you could master the art and render your services, sprinkled with a little bit of walk-the-extra mile customer service with consistent quality in the work produced, you would make yourself happy, alright.
Discovering ways to make money online is not as hard for anyone who has persistence and motivation. There are many opportunities to earn an income. In fact, there are several digital entrepreneurs, bloggers, freelancers, and many others who are making money online as you read this.
It's not hard; it's just that you have to work hard:
Find out what you are good at.
Do whatever it is that you are good at for a long time (consistency, determination, and hustle are necessary)
Reap the benefits of the Internet economy.
What will you start with, and why?