At the core of creating passive income is the ability and willingness to increase our incomes. This includes learning how to make money online.
In this short article we will cover the basics of how to make money online.
5 Ways to Make Money Online
- Offer your services
- Create and sell online products
- Coach individuals and businesses
- Monetize your writing
- Monetize your videos
So let’s look at each of these 5 in a little more detail.
Offer Your Services
One of the most straightforward ways to make money online, is to offer your services online.
What type of services can you offer online? Here are a few examples: –
- Writing services (ad writing, ghost-writing, product reviews etc).
- Website building for small/microbusinesses.
- Social media account administration
- Small business marketing services
- Being a virtual assistant
- Tutoring
Essentially, any service that is not physical can probably be offered online and charged for.
One of the best bits about offering your services online is that they can make money online from anywhere in the world as long as you are connected to the web.
Create and Sell Online Products
Creating online products to sell takes a significant amount of up-front work, but once for sale online, the cashflow requires very little ongoing effort.
What type of non-physical digital products can you create and sell online?
Here are a few examples: –
- Printable designs/patterns
- Notebooks and journals
- Tee-shirts that are print on demand
- Courses (based on your area of expertise)
- eBooks (technical or stories)
So, anything that you can create digitally and that has a market, you can sell online.
It’s just a matter of choosing your platform to market and sell these products and you are off and away. Marketing your online digital wares will be an important skill to learn for this type of venture.
Again, this can be done from anywhere in the world that you have internet connection.
Coach Individuals and Businesses
Coaching is a direct and natural output of your years of experience. If you have a teachable skill, then you have a potential coaching practice.
With the advent of reliable online communications, your coaching practice can be 100% online and remote. Your customers can be located worldwide.
What type of things can you coach others in?
Here is a small list of examples: –
- Exam and educational subjects
- Teaching website building skills
- Fitness and health
- Business growth and marketing
- Languages
- Writing skills
- In fact, this list is nearly endless
Think about your real-life skills and what you can offer to coach others in.
Price the coaching competitively and market your coaching in an engaging manner to the right targeted audience ….. and you are up and away.
Yet again, this can be done from anywhere in the world that you have an internet connection.
Monetize Your Writing
Making money online using (or discovering) your writing skills is a realistic venture.
Here are some examples of how you can make money online with your writing skills: –
- Monetize a blog about your passions/hobbies
- Write an eBook (or several) and monetize on Amazon
- Write a online journal about your travels and monetize with AdSense
Essentially, making money online is the foundation of the entire internet and its contents. Be a part of it by making your writing niche-specific and compelling.
Of course, you can make money online from anywhere you have an internet connection using your writing.
Hint: don’t be tempted to use AI for your writing. Write genuine, unique content that humans can engage with and enjoy. Also adding a forum for your readers to interact with you (like a comments section on a blog) is very valuable too.
Monetize Your Videos
People love watching what others do, make, experience and talk about nearly any subject under the sun.
If you make video about your interests and learn how to market these videos, you’ll get a loyal viewer base. That viewer base can be monetized through AdSense, affiliate products and direct offering relating to the subject of your videos.
YouTube is the most common platform for making videos and builder viewer bases. YouTube also allows you to monetise your videos in several different ways.
Here are some examples of the types of things you can make videos about: –
- Your travels
- Your hobbies
- Your finances
- Your pets
- Your exercise and health regimes
- Your arts and crafts
- Your property/house
- Your car/trailer/truck
Again, the list here could be endless. Practically any single thing you are interested in that can be made into a video will have other people that will be interested too and wanting to watch your videos.
Make Money Online
The key is to just start.
Choose one of the above suggested ways to make money online and start today. You’ll make heaps of mistakes, learn lots in the process and eventually make your first dollar online. Once you have made your first dollar, then you’ll be able to refine your offerings and scale that up as much as you want. The key is in the doing ….. and that’s how to make money online.
Cheers
