7 Best Ways To Make Money In 2018

Making money online is your best bet.

If you look around, you’ll notice that everyone is paying attention to their phones. At the subway, restaurant, or school, nobody can resist using their phones.

It’s become like an extension of the body. Everyone is consuming.

This shouldn’t push you to consume too. Instead, you should sell. You need to take advantage of the fact that almost nobody uses the internet to make money.

This means that almost nobody has realized of the marketplace that exists in their pockets.

In this guide, you will learn of ways you can take advantage of then internet in order to make a great money.

1. E-commerce

This can be in the form of drop-shipping or your own product.

In 2016, retail e-commerce sales in the U.S. amounted to 322.17 billion dollars!

We’re still in a period of time where anyone can become an authority on the internet.

Take advantage while you still can.

2. Affiliate Marketing

 

Affiliate marketing is when you advertise a product on your space, and whenever someone buys it from your ad, you get paid a commission.

Here’s how a description on what it’s all about 

 

3. Blogging

Blogging can be a painful way to make money. You don’t see any income for the first months, or even years.

But if you’re patient, it becomes an awesome income of stream. You’re loyal fanbase will provide multiple streams of income for you, you just have to be creative!

Click here if you want to learn the technical aspects of making money off a blog.

 

4. YouTube

Daniel Middleton (DanTDM) managed to rake up $16.5 million off of YouTube in 2017.

This shows you just how great your own opportunity is.

You don’t have to be THE YouTuber, you simply have to be A YouTuber.

Views is just one part of the income, you can sell merch, you can affiliate market, and you can get sponsored by brands!

 

5. Etsy/EBay

Recently, I saw some shoes at Ross. They cost me $40, and when I looked them up online, they were actually worth $100! I sold them online for $90 and made $50 doing virtually nothing.

 

Even though Etsy and EBay are completely different marketplaces, they both allow you to sell stuff from your home and make a solid amount of income.

 

6. Selling a trusted product

You should do this by creating an online presence.

Whether it’s Instagram, Facebook, or YouTube, you have to choose a platform and give out free advice.

Teach people how to do yoga, play tennis, run faster, etc. Solve a problem, then create a product that solves that same problem.

Sell it to your audience, and as they already trust you, you will probably make immediate sells.

 

7. Paid consulting

This goes hand-in-hand with the trust.

First you create trust with your audience, either by building a solid profile or an online presence.

Then, once they go to you as an authority in that subject, you charge a monetary price to consult with them.

Let’s suppose it’s online marketing. If I teach you how to market for free, you will trust me.

One day, if I ask you to exchange personal, one-on-one advice and help for your money, chances are you’ll want the help, even if it comes at a price.

Customers want to trust you before they give you their money. They need to know that your stuff works before they give you a part of them.

Make sure to subscribe if you want to be one of the few that take advantage of the internet’s potential!

25 Businesses You Can Start With Less Than $1,000

So you want to start a business that doesn’t require a lot of money to get started. The good news is, there are a number of businesses that you can start that require an investment of $1,000 or less!

What you will notice is that instead, these businesses will require a lot of time and energy to get started. You can either invest your time or your money!

Below is a list of business ideas that you can start without making a huge monetary investment.

1. Dropshipping Business (Cost: $30 to $50/mo)

One of the most popular ways to make money online these days is by dropshipping. Essentially, you are selling products that you are never putting your hands on. You build out a website, run ads to get traffic to the site and then fulfill the order.

For example, many people are creating a Shopify store where they can sell products from AliExpress. Keep in mind that it will take weeks if not months for products to ship from China, so you want to be transparent about this on your site!

A better way to dropship is to ship the products to the United States first and pay for fulfillment services. This will significantly reduce the shipping time.

Dropshipping Model
Dropshipping Explained, Oberlo

2. Lawn Care (Cost: $500 or less)

Buy a lawn mower, some sell for under $200, market yourself with flyers and business cards, and start mowing. This is one of the easiest businesses to get started with!

People may also need other help with gardens, such as picking weeds or even watering.

In the Winter, you can offer snow removal! Typically people who pay for lawn care also pay for snow removal.

Tip: Look for neighborhoods that have a lot of older people living there. 

3. Grocery Delivery (Cost: $0)

There are a number of different apps out there that connect you with shoppers. You will go out and shop on their behalf, and they will pay you for delivering the groceries!

Tip: Bring the groceries upstairs in apartment buildings and you will likely get a better tip from the customer! 

4. Social Media Influencer (Cost: $0)

Build out a social media account and then leverage affiliate marketing, sell shout outs or secure a brand deal. While it could take 12 to 18 months to build up a social media account, it is well worth it! This can cost you as little as $0, all you are investing is your time!

Tip: Paying for shout outs from larger accounts can help you grow your account faster.

IG LOGI 2.png
Instagram Logo

Take Josue Pena for example. He has an Instagram network with over 4 million followers and his social media marketing agency brings in close to $100,000 a month!

Click here for a free Instagram training guide by Josue Pena!

5. Domain Flipping (Cost: $10 to $12 per domain)

Try to find upcoming businesses or influencers that might need a website in the future.
Buy a domain with their name now, and when they go looking for it, they will need to buy it off you.

Or, find domains that will have commercial value down the road and hold on to them! Here is a perfect example of this. A populated area was getting a new area code. A young entrepreneur purchased domains that had the new area code in them. Then, he sold them for a higher price once people were looking for them!

6. Flip Websites (Cost: $250 per site)

If you are good at website design and content creation, consider building out websites and then selling them down the road. It could take 6 months or  longer to build a website, but this could be a worthwhile investment if someone is willing to buy it! You could do the same thing with social media accounts or even Shopify stores.

7. Flip Discount Designer Merchandise (Cost: $100 for inventory)

This is hands down one of the easiest ways to make money out there. Go to stores like Marshall’s and TJ Maxx and use your phone to see what shoes and handbags are selling for on eBay. Buy them at a low price and sell them for a higher price online!

8. Blogging (Cost: $10/mo or less)

Blogging can be a fun creative outlet that can turn into a side hustle though affiliate marketing and selling ad space. One example of this is Good Financial Cents. Jeff Rose started this blog over 10 years ago, but in one month alone he made over $100,000!

Check out this video Jeff Rose did talking about that.

9. Sell A Product  (Cost: $100 to $300)

There is a huge market for homemade products like soaps, candles and clothing.

If you can make your own products and offer them without harmful chemicals, you will have customers lining up to buy them! You can sell your products online or at local craft fairs and open markets.

10. Babysitting Business (Cost: $0)

This is one of the oldest businesses in the book! Give parents a break for the night and get paid to watch the little ones. You could also watch pets or open a doggy daycare!

11. House Painting (Cost: $250 to $500)

If you are a good painter, you can do it yourself. Or, you could hire it out to someone else! Outdoor painting is more dangerous, but if you have the equipment and the skill you can charge significantly more.

12. Social Media Manager (Cost: $10 to $50/mo)

Take charge of business accounts and help them grow online. Business owners are busy. If you can help them get more customers through the door, they will gladly pay you $1,000 a month or more!

Take Josue Pena for example. He has an Instagram network with over 4 million followers and his social media marketing agency brings in close to $100,000 a month!

Learn more about what Josue Pena does here.

13. Consultant (Cost: $0)

You can consult in almost any professional field, like accounting, branding, business or any other area of expertise. This can be one of the most profitable businesses out there!

14. Freelance Writing (Cost: $0)

If you are a good writer, there are a number of different ways to make money as a freelance writer. You could write blogs for websites, write resumes, cover letters and even essays!

15. Event/Party Planner (Cost: $0)

Help them develop a theme, then use that for invitations, decorations and entertainment. Many parents would gladly hire you to plan and run a child’s party. The more unique your parties are, the more you can charge!

Tip: The more exciting the experience is, the more they will pay for it. 

16. App Developer (Cost: $500 to $1,000)

Fantastic new apps appear every day, and with lots of hype, many go viral and earn their creators a lot of money, sometimes millions.

If you have a great idea for an app you can use sites like Appy Pie that will make your app for you so you don’t need coding experience to take your app to market.

Or, partner up with a friend who knows how to develop an app. You can focus on what you want the app to do and your friend can develop and design it! Once your app is complete, you can make money 24/7 selling it on an app store.

17. Computer Skills Tutor (Cost: $0)

Word, PowerPoint, Excel; such programs are popular, but not everybody knows how to use them. Learn to use them and teach others for a price.

Tip: Teach continuing education classes at schools and colleges!

18. Ride Sharing (Cost: $0)

If you don’t enjoy going out to the bars make some extra cash picking people up on weekends, you can earn extra during hot hours. Apps like Uber and Lyft make it easy!

Uber
Uber App, Flickr

19. Video Editing (Cost: $0 to $500)

Reach out to famous people on YouTube and offer to do video editing for them. Build up a portfolio of projects that you have worked on in the past!

Tip: Offer to do the first video edit for free! 

20. Graphic Design (Cost: $0 to $500)

If you are well versed with Photoshop and other design software, you could be a freelance graphic designer! You could start on a site like Fiverr to build up a portfolio of projects.

21. Create An Online Course (Cost: $0 to $500)

Ready to demonstrate how to write the perfect resume? Knit a sweater? Read tarot cards? Buy a car? Balance a checkbook?

If you’re an expert (or willing to do the footwork and become an expert) on any topic, you can create an online course to teach others your skills.

Setting up the curriculum requires a time commitment, as does marketing your course, but once it’s up and running, you’ll earn passive income based on the number of students.

Teachable 5
Teachable Course Earnings

Ryan Scribner offers a free course all about building a successful online course or membership site. You can enroll here!

TIP: Ask people who’ve completed the course to write a testimonial praising it, and publish their words.

22. Start A Podcast (Cost: $0 to $500)

This can be a form of entertainment or information.While it will take some time to build a large following, there are countless ways to make money with a podcast! This type of media is growing in popularity because you can multitask and do other things while listening to your favorite show.

23. Vacation Planning (Cost: $0)

People who want to vacation want everything to go smoothly. Work for them and plan their vacation, find their hotel, activities, and restaurants for their dream vacation! High end clients will love this service.

24. Carpet Cleaning (Cost: $500 to $1,000)

Scrubbing stains out of carpeting and rugs is a task no homeowner wants to take on, which means you can provide the service for a tidy profit.

Invest a small sum of money into cleaning products and a commercial grade carpet cleaner! Satisfied customers will spread the word and soon your business will be thriving.

25. Photography (Cost: $0 to $1,000)

Photography has an easy market in small communities, as everyone likes having pictures of themselves or important moments. Build your reputation by having the best camera, editing skills, and prices. A great website and business cards are essential!

The most important thing here is to find a business and stick with it! It will take time to get established and to build a client base. Be patient and commit to trying this business out for at least six months. 

41 Side Hustle Ideas You Can Start Today

Investing Simple is affiliated with Fundrise. This relationship does not influence our opinion of this platform.

The side hustle is the new american pastime. People want a side business and an extra source of income. Whether you are trying to make an extra $100 a month or $10,000 a month, we have compiled a massive list of side hustle ideas you can start today!

1. Amazon FBA

Selling on Amazon has emerged as one of the most popular side hustles and full time hustles for some. The idea is rather simple, buy low priced items and flip or sell them for higher prices on Amazon.

2. Amazon Affiliate Links

This is hands down one of the easiest ways to make money online. You simply refer sales to Amazon and earn a commission in the process! This requires you to have an audience, like a blog, YouTube channel or a huge Instagram following.

In this video, Ryan Scribner talks more about making money with Amazon links!

3. Tutoring

This is one of the easiest side hustles, and you can do it at any age! Tutor your friends in high school or college, typically an all cash hustle!

4. Social Media Marketing

Have you mastered social media?

Small businesses will pay generous amounts if you can properly manage their social media to bring in more customers.

Another idea is to manage the accounts for a well known influencer. It is not uncommon to pay someone $1,000 a month or more to manage a social media account!

Josue Pena has dozens of clients paying him over $1,000 a month for account management. In fact, he makes almost $100,000 a month managing social media accounts!

Learn more about what Josue Pena does here.

5. Mowing Lawns

This was my first side hustle as a kid. I would mow lawns in my neighborhood and make $20 per lawn. As a 14 year old, I could not be happier!

On a larger scale, you could hire a team of people to mow lawns for you. In the Winter, you can plow driveways!

6. Clean Pools

People are lazy, and they hate cleaning and maintaining their pool. Offer an all inclusive service of opening, cleaning and winterizing pools!

7. Build An Instagram Page

There are countless ways to make money with Instagram. If you are interested in creating your own content, consider building out your own Instagram page! Then, make money with affiliate links, paid promos or brand deals.

Take Josue Pena for example. He has a network of Instagram accounts with over 4 million followers!

Click here for a free Instagram training guide by Josue Pena!

8. Short Term Rentals

If you have extra space in your home, or a spare apartment unit, consider renting it out on a site like AirBnb. This will allow you to make money while providing much needed short term housing.

For those interested in this idea, check out the new show Stay Here on Netflix! It is all about maximizing your profits with short term rentals.

Stay Here.jpg
Stay Here, Netflix

9. Stock Market

Investing in the stock market can be a great side hustle. If you learn about investing, you can save yourself from paying for active money management.

Here is our beginner’s guide to investing in the stock market!

10. Crowd Funded Real Estate

So, you’ve always wanted to invest in real estate but haven’t been able to pull together the funds for a decent two family home? There’s a new way to add real estate to your investment portfolio that pools money towards a specific project, allowing you to decide how much to put towards it.

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Fundrise Returns, 2014 To 2017

Sites like Fundrise offer projects for you to review as well as low fees to start. The expected annual returns are in the arena of 8 to 11 percent, which is a nice return! Experts help you determine where to invest your money in the real estate projects based on your long term goals, and keep you updated on how your project is progressing.

Click here to get started with Fundrise.

11. Ride Sharing

If you don’t enjoy going out to the bars make some extra cash picking people up on weekends, you can earn extra during hot hours. Apps like Uber and Lyft make it easy!

12. Food Delivery

If you aren’t interested in delivering passengers to their destinations, you can just deliver food to them! People will pay for food delivery services like GrubHub.

13. Test Websites

There are a number of different platforms out there where you can get paid to test apps or websites. Typically, you are paid based on the quality of the review you give them.

14. Create An Online Course

Ready to demonstrate how to write the perfect resume? Knit a sweater? Read tarot cards? Buy a car? Balance a checkbook?

If you’re an expert (or willing to do the footwork and become an expert) on any topic, you can create an online course to teach others your skills.

Setting up the curriculum requires a time commitment, as does marketing your course, but once it’s up and running, you’ll earn passive income based on the number of students.

Teachable 5
Teachable Course Sales Earnings

Ryan Scribner offers a free course all about building a successful online course or membership site. You can enroll here!

15. Write An Ebook

Learned a lot about home improvement? Discovered secrets to small space gardening? Restored an old sailboat recently? Put your knowledge onto the page by penning your own non fiction book and hook up with Amazon for sales.

Then, invite everyone you know, from family to Facebook friends, to order a copy of your new publication, and earn both accolades and extra income. It could be fiction or non fiction but the sweet spot here is usually 50 to 60 pages of well written content.

16. Start A YouTube Channel

One of the coolest side hustles is to start a YouTube channel. Once your channel becomes established, you can run ads on your videos and collect a check every single month!

You will need to continue to post new content in order to keep the views coming in, but if you enjoy doing this it can be a great way to earn passive income. Take Financial Education for example. He uploads a daily stock market commentary video and typically gets 10,000 to 20,000 views per video.

In a recent video, he shares just how much money he is making on YouTube!

Financial Education Ad Revenue
HOW TO MAKE $100 PER DAY PASSIVE INCOME ONLINE, Financial Education

You are reading that right. Jeremy is making over $16,000 a month with his YouTube channel! There are countless YouTube channels out there pulling in over $100,000 a month just in ad revenue.

17. Blogging

Blogging can be a fun creative outlet that can turn into a side hustle though affiliate marketing and selling ad space. One example of this is Good Financial Cents. Jeff Rose started this blog over 10 years ago, but in one month alone he made over $100,000!

Check out this video Jeff Rose did talking about that.

18. Resume Editing

A lot of people struggle to perfect their resume before that big job interview. Build up a reputation, create a website, and earn up to $100 per resume you critique.

19. Moving Company

If you aren’t afraid to do some heavy lifting, you can start a moving business. If you pack the houses yourself, you can make even more money!

20. Junk Hauling

It seems like everyone has a pile of crap they want to get rid of today. Go door to door and offer to clean out garages, sheds and basements!

Remember, not everything is junk! You can get paid to haul it away and then resell it on Craigslist or online.

Junk Removal
Junk Removal Business, Flickr

21. Start A Food Truck

If you have talent when it comes to cooking, consider opening a food truck!

Check out these guys. They restored an Airstream camper and turned in into a moving bar! Now, they go to events all over and make money selling drinks.

Barstream.PNG
BARSTREAM, Saratoga Springs NY

22. Become A Virtual Assistant

Virtual assistants perform administrative tasks such as replying to emails, scheduling meetings and making travel arrangements. Contact busy people and offer to be a virtual assistant for them!

23. Party Planning 

Are you the friend that is great at planning parties? Make it a little side hustle and start planning parties for more than just you and your friends. If you live in a wealthy area, you can attract some high end clients with this service!

24. Tour Guide

If you live in a big city where new people need help getting around you could become a local tour guide. Set up a website or offer an experience on AirBnb! There are countless ways to advertise this service.

25. Consulting

You can consult in almost any professional field, like accounting, branding, business or any other area of expertise. This can be one of the most profitable businesses out there!

26. Life Coach

Some people just need a little push! Become a life coach and help people achieve their goals by working with you for strategies and accountability.

27. Dropshipping 

One of the most popular ways to make money online these days is by dropshipping. Essentially, you are selling products that you are never putting your hands on. You build out a website, run ads to get traffic to the site and then fulfill the order.

For example, many people are creating a Shopify store where they can sell products from AliExpress. Keep in mind that it will take weeks if not months for products to ship from China, so you want to be transparent about this on your site!

A better way to dropship is to ship the products to the United States first and pay for fulfillment services. This will significantly reduce the shipping time.

Dropshipping Model
Dropshipping Explained, Oberlo

28. Content Translator 

Major influencers want to go global and will pay you to translate their content into a new language so they can build a massive audience. Consider Rev, they charge $7.50 per minute to translate! 

29. Data Entry 

Small companies will pay to have all their data organized and entered into excel sheets making their jobs easier. As boring as this is, it could be a great side hustle if you have the patience for it! 

30. Website Design 

This is an acquired skill many people don’t have time for. Design company or personal websites and offer to update the sites if the owner pays you a retainer.

31. Catering 

Like to cook? Good at staying organized? Catering requires you to provide food and beverages for special events like dances, weddings, or graduations.

Another option is to be a personal chef. Show up for your customer, cook a meal in their home, clean up and get paid!

32. Sell T Shirt Designs 

Sites like Teespring allow you to sell your own shirt designs and print on demand!

33. Vending Machine Business 

Every time you put in money or swipe your card for a Coke or a Kit Kat Bar or bag of chips, someone somewhere is gaining a profit from your purchase.

Jump on that band wagon by investing in a quality vending machine, which will range from $3,000 to $4,000 a piece, then find a prime location to set up.

Vending Machine
Vending Machine, Pixnio

Negotiate with the property owner, say a laundromat, and offer a slice of the profit pie in return for the optimal site.

This can easily be a single employee business (you) when you take care of restocking and checking the machine. Reinvest your profits into another machine, and repeat the process over and over until you have a small business!

34. Produce Stand 

If you enjoy gardening, consider opening a neighborhood farm stand!

35. Car Flipping 

Just like anything else, buy low and sell high.

Try to find decent cars that are cheap, fix them up and sell them for a higher price!

36. Shoe/Handbag Flipping

Look for designer shoes and handbags at stores like Marshall’s and TJ Maxx. Check the prices on eBay while you are in the store and find items you can sell for a profit!

37. Become A DJ

If you have the equipment, consider starting your own DJ business on the side!

38. Photography

With a good camera and some basic skills, you can get paid for taking photos of others! This is a great business for prom and wedding season.

39. Flip College Textbooks

Generally speaking, college students are not financially responsible. They might be willing to sell that $200 textbook for $20 come the end of the year! Buy textbooks and resell them on sites like eBay, or rent them out!

40. Online Dating Consultant

If you have some skills when it comes to starting conversations, consider helping other people with online dating. You could also help them take photos and write a compelling bio!

41. Flip Cellphones And Electronics

If you can learn how to fix phones and other electronics, you can buy broken phones in bulk and resell them on eBay as refurbished electronics! Or, just simply buy electronics on sites like Craigslist and resell them on eBay.

When it comes to starting a side hustle, you need to be patient! Don’t jump from idea to idea. Start with one thing and stick to it for at least a few months. It will take time to build up any business.

What is a Dividend In The Stock Market?

Warren Buffet earns around $6,731 per minute in dividend income.

Yes, per minute.

104306820-Warren_Buffet.1910x1000.jpg
Courtesy of CNBC

“A dividend is a distribution of a portion of a company’s earnings, decided by the board of directors, paid to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.”

For example if you own shares of company X and they are consistently earning profits, they will hand out a dividend of 50 cents per share you own as a thanks to it’s shareholders for all the help and support.

Make sense?

The awesome thing about owning stocks that give out dividends is you are earning an income from two sources which is why they are so attractive to investors like Warren Buffet.

The first source of income from owning the shares while they’re rising in price. (hopefully)

The second source is earning income from the dividends being handed out, which are usually in the form of cash.

They are very popular in retirement funds because the dividends provide a nice source of income.

Some popular companies that hand out dividends are Wal-Mart, Costco, and Microsoft.

Start doing some research on potential companies that will give you returns both in the market and from dividends so you can start earning more.

Feel free to comment any questions below!

Sources:

The Motley Fool

Investopedia.com

5 Home Based Businesses You Can Start Today

It’s everyone’s dream to wake up whenever you want to, roll out of bed, make some coffee and begin your work day. Sounds nice, doesn’t it? No grueling commute or personalities to deal with at the workplace. Just wake up and work!

That’s all possible if you can create a successful home based business, but it’s not all fun and games. It takes hard work and a lot of time and effort out of you in the beginning but the question is, are you willing to put in the sweat equity?

Here are 5 home based businesses you can start today!

1. Resume Editor

A lot of people struggle to perfect their resume before that big job interview, but you can help them with your professional writing service! This could be a cover letter, a resume or something else entirely.

It is not uncommon to charge $100 for a resume review. If you could do four resume reviews and edits per day, you could make $2,000 a week which is just under $100,000 a year!

2. Website Designer

Business owners are notoriously bad at social media and web presence. If you have a lot of businesses in your area, reach out to them and offer to build them a website! The best way to do this is to have them pay you a retainer for ongoing updates and site maintenance.

Consider this. What if you helped 30 businesses build a professional website and each one paid you a retainer of $100 a month for ongoing updates and maintenance? You would be making $3,000 a month!

3. Affiliate Marketing

The idea here is you market someone else’s product for them and earn a commission on each sale you’re able to provide for the original seller. This works best when you have a large audience of some sort on social media. This could be a blog, a YouTube channel or even an Instagram account.

One of the best ways to do this is with Amazon Affiliate Links. In this video, Ryan Scribner will teach you how to make passive income with these links.

Link a product to your blog, YouTube, Instagram, Facebook, etc.

Every time someone clicks on the product and buys it, you get paid a royalty.

There are countless affiliate opportunities out there. The key here is to become the authority in your niche and then reach out to the biggest companies serving these customers. Many of these companies will pay you for referrals!

4. Pet Or Child Care

People love their pets and kids, but many parents work full time and can’t get home to walk Fido. Or they want to go out to dinner but they need someone to watch the little ones.

You might not be able to wake up whenever you please but people will pay a premium for the best care for their loved ones. If you are an animal lover or you are good with kids, consider operating a child or doggy daycare! You will be able to write off a lot of your housing expenses by having a home based business.

Consider having a doggy daycare. Each owner pays you $100 a week and you have 12 dogs that you are watching. That adds up to $1,200 a week and just under $5,000 a month!

5. YouTube Channel 

Now, this idea is not for everyone! But if you are a good speaker and you have interest in going on camera, consider starting up your own YouTube channel.

Once your channel becomes established, you can run ads on your videos and collect a check every single month!

You will need to continue to post new content in order to keep the views coming in, but if you enjoy doing this it can be a great way to earn money from home. Take Financial Education for example. He uploads a daily stock market commentary video and typically gets 10,000 to 20,000 views per video.

In a recent video, he shares just how much money he is making on YouTube!

Financial Education Ad Revenue
HOW TO MAKE $100 PER DAY PASSIVE INCOME ONLINE, Financial Education

You are reading that right. Jeremy is making over $16,000 a month with his YouTube channel! There are countless YouTube channels out there pulling in over $100,000 a month just in ad revenue.

6 Realistic Ways To Make $100,000 Online (WITH PROOF!)

The world is full of opportunity today. You have the ability to make money while in bed, sitting on your phone, or even while you are asleep. This opportunity is made available by something called the internet.

Before we jump into six ways you can make $100,000 or more online, I need to tell you, how much you make is fully dependent on you and how much work and time you’re willing to put in.

If you are only willing to put in a few hours of effort, you won’t make a penny!

Each of these methods will take months if not a year or more to build a six figure income source, but it is possible. I know someone who is making at least $100,000 a year doing each of the following things and I will share each one as an example.

1. YouTube Channel

One of the coolest ways to make money is to start a YouTube channel. Once your channel becomes established, you can run ads on your videos and collect a check every single month!

You will need to continue to post new content in order to keep the views coming in, but if you enjoy doing this it can be a great way to earn passive income. Take Financial Education for example. He uploads a daily stock market commentary video and typically gets 10,000 to 20,000 views per video.

In a recent video, he shares just how much money he is making on YouTube!

Financial Education Ad Revenue
HOW TO MAKE $100 PER DAY PASSIVE INCOME ONLINE, Financial Education

Now, don’t be fooled by this seemingly easy way to make money. This takes a lot of effort. Jeremy started his YouTube channel over two years ago in January of 2016. Since then, he has posted over 850 videos!

Here is one of his earliest videos explaining what a checking account is.

In order to be successful on YouTube, you need to be extremely patient and see the bigger picture! You also need to improve your content and quality with time, otherwise people will lose interest in your videos.

Personally, I know about a dozen people who are making over $100,000 a year with a YouTube channel. While it is difficult, it is not impossible!

2. Personal Coaching/Consulting

Coaching and consulting is a huge business opportunity. Often times, people need a second opinion to break past a certain barrier in their personal or professional life.

Take my friend Jake Woodard for example. He spent years learning about personal development and working on himself mentally, physically and spiritually. Now, he has a six figure coaching business online. He helps people through one on one coaching and speaks at events all over the world.

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Jake Woodard, Life Coach

Once you have established credibility in your field, take on a few clients pro bono. This means that you will be doing it for free, in exchange for a testimonial of course! Once you have real results and proof of your work, you can take on paid clients.

Jake Woodard spends a lot of time building out his social media presence, and you will need to do this too! Most of his clients find out about him from one of his powerful videos being shared around on Facebook.

3. Affiliate Marketing

Affiliate marketing is a very simple business. You simply refer a sale to someone and earn a commission in the process!

The idea here is you market someone else’s product for them and earn a commission on each sale you are able to provide for the original seller. This works best when you have a large audience of some sort on social media. This could be a blog, a YouTube channel or even an Instagram account.

One of the best ways to do this is with Amazon Affiliate Links. In this video, Ryan Scribner will teach you how to make passive income with these links.

Every time someone clicks on the product and buys it, you get paid a commission.

There are countless affiliate opportunities out there. The key here is to become the authority in your niche and then reach out to the biggest companies serving these customers. Many of these companies will pay you for referrals!

So, just how much money can you make with affiliate marketing? Let’s take ODi Productions for example. He makes over $100,000 a month with affiliate marketing! He dropped out of his dream school UCLA with a 3.5 GPA in order to pursue entrepreneurship full time and create an online business.

Now, he owns his dream car and lives in his dream apartment thanks to affiliate marketing. He states that it took him a little over two years to build out his business.

Here is a video where he explains more.

4. Social Media Marketing

Use what you do every day to your advantage. There are so many businesses getting left behind because they don’t know how to use social media. If you are able to help businesses with their social media and get them more customers, they will pay you massive sums of money.

Take Josue Pena for example, he has a social media marketing agency that does close to $100,000 per month in revenue. It took Josue months to learn the ins and outs of social media, but now clients all over the world pay him for his expertise.

Here is a video that talks about his social media marketing agency.

Click here for a free Instagram training guide by Josue Pena!

Become an expert on Instagram and other social media platforms, then go look around where you live for local businesses you think could use some help. Take over their social media, and get them more customers while earning a monthly retainer in return.

Once you become too busy, hire an employee or outsource the work to someone overseas! This business is very easy to scale.

5. Blogging

Blogging can be a fun creative outlet that can turn into a side hustle though affiliate marketing and selling ad space. One example of this is Good Financial Cents. Jeff Rose started this blog over 10 years ago, but in one month alone he made over $100,000!

Check out this video Jeff Rose did talking about that.

You can start a blog for next to nothing. In fact, some sites will allow you to start a blog for free! Take the Investing Simple blog for example. We pay about $50 a year for hosting and a domain name. The main investment here is your time!

If you want to learn more about starting a blog, here is a guide I recommend that talks about how to get your blog started with under $100 and in 24 hours!

6. Selling An Online Course

Ready to demonstrate how to write the perfect resume? Knit a sweater? Read tarot cards? Buy a car? Balance a checkbook?

If you’re an expert (or willing to do the footwork and become an expert) on any topic, you can create an online course to teach others your skills.

Setting up the curriculum requires a time commitment, as does marketing your course, but once it’s up and running, you’ll earn passive income based on the number of students.

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Teachable Course Earnings

Ryan Scribner offers a free course all about building a successful online course or membership site. You can enroll here!

This is one of the best ways to make passive income. Once the course is completed, you just collect the payments! Hosting sites like Teachable will handle the rest. There are countless examples of people who are making $100,000 or more with an online course.

Take Tai Lopez for example. In this video, Tanner J. Fox estimates that he does close to $90,000,000 a year in revenue from his online courses and coaching!

Thanks to the internet, there are now hundreds of ways to make money online. In my opinion, these are the most profitable ways of making money online today. The number one thing you have to remember is that this is going to require a lot of time and patience. Nobody on this list became an overnight six figure earner. Stick to one idea and commit to your success as an online entrepreneur!

10 Ways To Make Money While You Sleep

Investing Simple is affiliated with Fundrise. This relationship does not influence our opinion of this platform.

Let’s face it, most earnings still come from a traditional 9 to 5 job where you clock in 40 or more hours a week. For most people, this is the only way that they are making money!

But start thinking creatively beyond the paycheck, and you will realize there are dozens, even hundreds of ways to earn passive income that gives you round the clock earnings, even while you sleep.

Time is our most valuable asset and passive income gives you the opportunity to have more time to focus on what’s important to you such as building a business, launching a website, creating art, or writing a how-to book.

Passive income is earnings on a reoccurring basis that require minimal to no work to maintain. If you strategically invest the start up time, you’ll see results far beyond your initial time commitment.

Let’s take a look at 10 ways you can make passive income and earn money while you sleep.

1. Create a mobile app

Fantastic new apps appear every day, and with lots of hype, many go viral and earn their creators a lot of money, sometimes millions.

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Phone showing apps, Flickr

If you have a great idea for an app you can use sites like Appy Pie that will make your app for you so you don’t need coding experience to take your app to market.

Joel Comm made over $1 million from his iFart app. 

Or, partner up with a friend who knows how to develop an app. You can focus on what you want the app to do and your friend can develop and design it! Once your app is complete, you can make money 24/7 selling it on an app store.

2. Be your own bank

In the same manner a bank or credit union gives out loans, peer to peer lending allows you to help others with personal and business loans, college tuition loans, car loans, or just about anything else under the sun.

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P2P Lending, Flickr

These lending clubs pair people willing and able to lend up to around $40,000 to others needing a loan. There’s a percentage of interest, of course, allowing you to make a profit. As a bonus, you will know you’re helping others finance something important in their lives.

There are multiple sites like this one that match you with someone who needs to borrow money.

3. Investing in the stock market

It may seem dicey or risky, but if you put in the time to learn about the ins-and-outs of playing the stock market, you can take small steps to start based on a long-term plan.
There are tons of sites for tutorials aimed at newcomers to the stock market, teaching you the lingo, how to assess your risk tolerance, and even giving stock tips.

Check out our beginner’s guide on investing in the stock market here!

4. Create your own online course

Ready to demonstrate how to write the perfect resume? Knit a sweater? Read tarot cards? Buy a car? Balance a checkbook?

If you’re an expert (or willing to do the footwork and become an expert) on any topic, you can create an online course to teach others your skills.

Setting up the curriculum requires a time commitment, as does marketing your course, but once it’s up and running, you’ll earn passive income based on the number of students.

Teachable 5.PNG
Teachable Course Earnings

Ryan Scribner offers a free course all about building a successful online course or membership site. You can enroll here!

TIP: Ask people who’ve completed the course to write a testimonial praising it, and publish their words.

5. Buy a vending machine

Every time you put in money or swipe your card for a Coke or a Kit Kat Bar or bag of chips, someone somewhere is gaining a profit from your purchase.

Jump on that band wagon by investing in a quality vending machine, which will range from $3,000 to $4,000 a piece, then find a prime location to set up.

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Vending Machine, Pixnio

Negotiate with the property owner, say a laundromat, and offer a slice of the profit pie in return for the optimal site.

This can easily be a single employee business (you) when you take care of restocking and checking the machine. Reinvest your profits into another machine, and repeat the process over and over until you have a small business!

6. Get started with affiliate marketing

The idea here is you market someone else’s product for them and earn a commission on each sale you’re able to provide for the original seller. This works best when you have a large audience of some sort on social media.

One of the best ways to do this is with Amazon Affiliate Links. In this video, Ryan Scribner will teach you how to make passive income with these links.

7. Create videos on YouTube

Back in the day, kids used to dream of growing up and being on television, but in today’s world, there a way for anyone to be seen and heard.

Find a unique, entertaining or hilarious subject and launch a YouTube channel of your own. Market yourself to friends and start building an audience. You’ll need to start small at first, but keep plugging and creating new content as often as possible.

Soon, you’ll generate enough views to start earning money from ad revenues. Top YouTube creators rack in millions of dollars from their viral views.

8. Write your own ebook and sell it 

Learned a lot about home improvement? Discovered secrets to small space gardening? Restored an old sailboat recently? Put your knowledge onto the page by penning your own non fiction book and hook up with Amazon for sales.

Then, invite everyone you know, from family to Facebook friends, to order a copy of your new publication, and earn both accolades and extra income. It could be fiction or non fiction but the sweet spot here is usually 50 to 60 pages of well written content.

9. Investing in a crowd funded real estate projects

So, you’ve always wanted to invest in real estate but haven’t been able to pull together the funds for a decent two family home? There’s a new way to add real estate to your investment portfolio that pools money towards a specific project, allowing you to decide how much to put towards it.

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Fundrise Dividend Yield

Sites like Fundrise offer projects for you to review as well as low fees to start. The expected annual returns are in the arena of 8 to 11 percent, which is a nice return! Experts help you determine where to invest your money in the real estate projects based on your long term goals, and keep you updated on how your project is progressing.

Click here to get started with Fundrise. 

10. Buy and sell domain names

Domain names are unique identifiers for websites, and some are highly sought after. You can easily brainstorm domain names that could be the next big thing, then buy them up early for as little as a few bucks. Be specific by identifying potential markets ahead of time with a bit of time invested in research. Once you have identified what may draw interest in a particular field or sector, buy the domains they offer them for sale with a mark-up so you make a profit.

There are countless ways to make money in a passive way. Your goal should be to stop working for every dollar you earn and to make money while you sleep! What is your favorite way to make passive income? Drop us a comment below.

“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett

Do This In Your 20s To Become A Millionaire By 30

Having a million dollars is something we’ve all dreamed about for much of our lives, but unless we won the lottery, there didn’t seem to be any conceivable way to have that much in our pockets.

Most people believe that the only way to become a millionaire is to save and invest from the time you are in your 20s to the time you retire. While this is the easiest way for most people to become a millionaire, it is not the only way.

Don’t give up on that dream yet. Here are some tips to get the ball rolling on the road to being a millionaire, starting in your 20s with a goal of achieving that coveted million dollars by your 30s.

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Suitcase full of money, www.pxhere.com

1.) Develop multiple streams of income.

The average millionaire has 7 streams of income.

It took Warren Buffett a mere two minutes to earn the average annual income of an American household. He earned US $13.5 billion in a year, which totals to US $37 million per day, just over US $1.5 million per hour and slightly above US $25,600 per minute.

Figure out ways to create more streams of income one at a time. It is important to take time building each income stream. You do not build 7 income streams at once!

Here are some of our favorite ways to make some extra income.

Invest, whether it’s in the stock market or real estate; create a side hustle business, such as freelance work in your field of expertise; get a second job, ranging from Uber to painting walls.

Start by compiling a list of your interests and experience and see what’s out there. You can gain a lot of ground working even a few hours a week at a second job.

Eventually, you will want to transition out of working for every dollar that you own. For now, this can be an excellent start!

2.) Set clear goals.

A successful journey begins with a destination in mind, as well as small milestones along the way.

You do not become an Olympic athlete unless you set a goal to be among the best at what it is that you do. You will not become a millionaire without setting goals and focusing on them every single day.

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Olympic speed skating, Wikipedia

Have the big picture in mind, but set smaller goals along the way to let yourself know you’re progressing in the right direction and to keep you motivated.

One way to become aware of your progress is to document your results. Try creating a journal where you can write down daily, weekly, and monthly goals and achievements.

As you achieve these goals, big or small, take time to celebrate and feel good! This will encourage you to keep moving forward.

3.) Save to invest, don’t just save to save.

True or False: If your money is sitting in the bank it can’t be growing.

If you guessed true, you’re right on the money. Back in the day, people put their money in the bank as a safe way to store it. But with today’s inflation rates and low interest rates, your money is actually decreasing in value by sitting in the bank.

In this video, Ryan Scribner talks about why the bank is the worst place for your money.

I don’t know anyone who became a millionaire by stashing money in the bank or under their bed. You need to put your money to work!

Resist the urge to stash your hard earned cash in the bank! Start looking for other places to bring in returns on your investment, such as mutual or index funds.

Here is our beginners guide to investing in the stock market.

4.) Surround yourself with people you admire and want to emulate.

There’s a saying that we become the five people we hang out with the most frequently. It’s true that we tend to take on the attributes of close friends, so pay attention to people that surround you.

Who are you choosing to spend your time with? How are they doing in life? Do they motivate you to be more successful, driven and confident?

Make it a goal to keep company with smart people that push you to work hard, get ahead and meet your full potential.

If you are the most successful, happy or physically fit member of your social group, you need to find a new group. You need to surround yourself with people who push you to do better!