But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.
Anyone interested in making money online should be pursuing passive income, while also working on active income. There are loads of ways to generate an income passively on the internet, many of which start at the foundation of having a blog, generating substantial traffic and building an audience and a list. Is it easy? Nope. Is it worth it? It sure is. But that doesn't mean you need to start a blog to make money online today.
High-ticket consulting or coaching: You could sell your own high-ticket consulting or coaching products from your website. You'll still need a website, merchant account, sales funnel, lead magnet and many other items. But you can easily earn a substantial amount of money from each individual customer, making it well worth the arduous setup required.
So many people dream of writing a book, but never go through with it. Yet no matter what, I’m sure you have experience and value you could give through writing a book. By packaging your skills and knowledge into a downloadable eBook that helps people learn a skill, advance their careers, or start a businesses, you can change someone’s life and even make good money online.
5. Fiverr – Fiverr is a great place to make a few bucks or spend a few bucks if you need some of the services people offer. Basically, everything is $5. You either pay $5 or charge $5. They call them “gigs.” You can offer your services however you choose. If you sell art and you’re fine selling pieces for $5 each, that’s a gig. If you’re a graphic designer and you want to offer your services for $10/hour, simply offer a 30 minute gig. If they need two hours of graphic design, they pay you $20, or $10/hour by buying four gigs.
Before we start, I’d like to reiterate as I have in the past. First and foremost, provide value to your readership. Making money will be easy once you’ve created a loyal readership in the right niche. Always remember if you want to create a cash cow of a site, then you need to pick an industry that is thriving and you know a lot about this subject or at least are willing to learn. It also helps if there is less competition in terms of search engine ranking in that particular niche. You can use a tool like SEMRush to help you with that. But enough of that, let’s look at how you can make money online!
Work as an online interpreter or translator. If you’re fluent in a foreign language, it makes sense to look for work as an online interpreter or translator. Depending on your individual skillset, you could find work translating blog posts or eBooks, transcribing recorded lessons or speeches for clients, or translating through Skype or another online video service. And, thanks to the increased use of foreign languages in the United States, getting started could really pay off. According to the Bureau of Labor Statistics, employment for interpreters and translators is expected to increase 17% nationally through 2026.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
Some websites pay for performance based on page views for virtually anything you want to write about if you have the proven experience and background to cover your beat. Many companies are looking for part-time bloggers to help them create high-value blog posts for their websites—thus, the opportunity for those who have a knack for writing compelling content. Most clients pay per post or on a retainer contract with a set number of posts delivered per month.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
It is acceptable to make micro niche website but only if you can offer content that it is not possible to find elsewhere. If you are writing a post about “how to make money” it will never ever rank on Google because there are millions of articles about this topic written before. However, you can get much more creative and write your article titled “how to make money from birch syrup”. Most likely no one has ever covered this topic and being first is a huge advantage. Another option is to offer better content than anyone else. We can use the same “how to make money” article as an example. if you write another post 500 words long it will never get noticed by Google. But you can be more creative and make a huge study out of it and write a 10,000+ long article with graphics, images, spreadsheets and much more. That way you dramatically increase your chance for getting noticed by Google. Writing articles like these will take you several weeks or even months but it’s doable.