Nice list. The hardest part about most of these is just deciding to do something small to get started. After that stuff starts happening. I really like the affiliate method and I currently make some bucks with a niche affiliate product. It does require being able to analyze competition and do some SEO though but it’s a great “set and forget” way to make money. The other way I currently make an income online isn’t on your list, although point #3 touches on it. Drop shipping is a brilliant way to make some money online without cash flow and fulfillment issues. Go onto a website like Alibaba or eBay, choose a niche product, build a website using something like WordPress and Woocommerce or Shopify and run some Google or FB ads. Heck, Google will even give you free credit for ads on new accounts. Focus is key though. I found that when I tried too many things at once I didn’t see results.
If you’re just starting out in the online business world, you may find it much easier to build a business around a service rather than a product. It is much more straightforward to start, has fewer regulations, and is more sustainable overall. Even if your ultimate goal is to build a product-based business, you should start with a service and build towards that goal.
Providing a service may be the easiest way to start because you don’t need any investment to get this going. My podcast editor Ian Robinson is helping podcast creators edit their shows to increase production value. There are many different ways to provide a service and it’s just about realizing where your talent lies and what solution you can provide for others.
Finding good content providers has been one of the greatest challenges for my businesses. There’re a lot of hacks out there—I call them content “pretenders.” But if you can write a baller article or post, produce a killer video, or design breathtaking infographics, you’re in high demand. Bloated corporate budgets will love what you bring to the table.
There are loads of resources for making money online as an affiliate. You could source products from ClickBank, Commission Junction, Rakuten Marketing, Share-a-Sale, Impact Radius and many others. Plus, many of the larger companies have their own affiliate programs as well. Do your due diligence and find the right company with a relevant product or service to your audience that you can sell as an affiliate.
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.
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