Hats off to Satrap for providing us with this detailed, easy to digest and above all, Honest review on the today’s hottest topic “how to make money online” … it is truly of great help not only for newbies but also for professionals. In this time of today’s cruel world, there are a few persons who dare to guide in the right way to the right path and Satrap, you’re one of them. You are an inspiration to me. May God bless you with everything you are looking for. Amen :)
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.
The biggest advice I can give is to pick a small niche, set up a site and start experimenting. Make mistakes and learn from them. That’s the only way you are going to succeed. Of course, have realistic expectations. It took me more than 1-2 years to start making decent money. But the beauty of it is that once you make that first dollar, you know it works and at that point it just becomes a matter of scaling it up, working harder and smarter to scale up your business.
I know this post is a few months old but I stumbled onto an app called Quickthoughts, a survey site. Unfortunately they only give out Amazon gift cards. You redeem them every time you hit $10 which is shockingly easy because every survey if you qualify pays $2 and then id you don’t qualify they credit you .10. I was skeptical because I hit 10 bucks in less than 2 hours and have cashed out 4 $10 Amazon gift cards .i took a screen shot as proof but not too sure how to post or if I am able my current valance is 5.70 doing a few short surveys just today.
An insurance policy where the insurer pays for all expenses once an insured event occurs. There is usually a (high) maximum amount limiting first dollar coverage, but the policy does not include a deductible, coinsurance, or anything else; the insurer is responsible for all expenses up to that maximum amount. Because these plans carry more risk for the insurer, first dollar coverage comes with higher monthly premiums. First dollar coverage is available for many types of insurance, whether it is homeowner's insurance, car insurance, health insurance, or something else.
If you're interested in online marketing, setup email software and create a lead magnet that you can use in your sales funnel. Then, build up that list. It's often said that you can expect to earn about $1 per subscriber per month. If you have a list of 10,000 subscribers, that means you can earn roughly around $10,000 per month. You will need to deliver value and not pitch them on every email, but it is a very achievable goal in a short period.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
Are you good with research and data? Are you an expert in any particular facet of business? If so, this could be a windfall for you. Trust me. I do a lot of this myself. I use my experience and expertise as an entrepreneur to offer clients advice on how to launch their own businesses. I do it all virtually, and I usually charge around $200 an hour for the service.
I’ve been doing surveys now for about 18 months, but when i first started i, just like yourself, carried out a lot of research about all the different survey sites and slowly but surely i discovered the best ones to join and now i’m receiving quite a good monthly income from them, but after saying that i am a member of a large number of survey companies and some days i receive that many emails that sometimes i find it hard to keep up with them all, but it is worth it as it’s started to pay off. I’ll not mention all the survey companies i’m with because there’s far too many, but some of the better one’s are Global Test Market, I-Say, Toluna, Mintvine, Your Word, My Survey, Swagbucks, etc, etc. What i do is i keep trying new ones all the time and then i keep the good ones and get rid of the not so good.
Job well done, Satrap. The first thing I look for in a site like this are signs that the author is being paid to hype the companies. It’s very tough to find good information that isn’t stricken with bias. There were a couple of times during the article where I actually got excited thinking, ‘Hey, I could do that. I’d actually LOVE to do that.” That being said, I can’t help noticing that you refer to all of it as “extra” or “supplemental”income. Are you saying that with all of these options, sticking to one’s regular “day job” is required? In your experience, if someone really commits to doing this, is it possible to earn a decent living? Cubicles suck.
Great stuff Sean – as always, packed with tons of valuable information, resources, and proposed next steps. Takes the stress out of where to start and what to do. Also the love wide variety of ways you mention to make some extra coin – everything from SEO work, freelance writing, consulting, and even selling stuff you don’t need/want around the house on CL… awesome! Big-fan of #4 (pre-sell a product). Definitely something I haven’t done yet but will be experimenting with in the next few months. Thanks again man – cheers!