After graduating college I felt lost. I had so many ideas but also so many questions to consider. Did I really want a 9 to 5 job? How would I pay my loans? How would I use my ideas to pursue my passions while also having a full-time job? This was when I started researching all the possible ways to generate income on the side while also slowly working up to owning my own business. While searching, I found that there were so many ways to make money online that catered to different people. Here’s a list of some of the best ways to make money online while also getting a step forward into creating your own business:
Through sites like Upwork and Toptal, people can use their skills to build a profile and find freelancing gigs. I use Upwork to find gigs in writing and design while also working my 9-5. Some freelancers prefer not to use these sites because of the service fees and because their income is always uncertain. If that’s the case, you can always check on Craigslist or create your own website.
A big perk that comes with Freelancing is that you can start creating your own brand. By working with your specific skills, you form a group of clients that can promote you by word-of-mouth. Building your own website is also helpful because you can promote your skills, put a face to the name, and also show your availability. Eventually, you might be able to start selling your own products or services and create a business.
Selling a product or service
If you are an artist or an innovator, creating a product or service is a great foot-in-the-door to starting your own business. Sites such as Etsy have simple platforms where artists can sell their paintings or crafts without having to go through the hassle of creating and maintaining a website.You can also use social media platforms such as Facebook or Instagram to market your product or service. For example, if you are selling paintings, you can use Instagram as a tool to showcase your work, gain followers, and eventually gain clients.
If you are feeling a little more ambitious, creating a website to sell ideas is also a great way to create your own business. This is because not only will you be generating revenue from your product or service, you will also start building a name for yourself in the online world. It’s a great idea to combine a website with social media presence to make the most out of free marketing tools.
When people hear about affiliate marketing, they initially think of an online version of businesses such as Avon or Mary Kay: you receive a product and sell it for commission. Over the years, affiliate marketing became popular and many’s main source of income. Doing a little research on it shows otherwise -it is not about directly selling products. It requires skills such as being able to connect with people and possessing writing skills that are captivating but honest.
The best part is that there are millions of markets to choose from. You could essentially make money from writing about anything you like – whether it was art or fitness. In 2017, affiliate marketing continue to generate revenue for many people.
Because there are so many components to affiliate marketing, it’s important to constantly keep up with new trends that affiliates need to consider to not only continue making money, but to grow their market – condensing your niche, constantly researching new products and services, mobile technology, and creating your own product or service to compliment your market. With these skills in hand, you are on your way to generating income from writing about things you like. A website I use for trainings and resources is Wealthy Affiliate. You can join for free and receive tons of articles, videos, and webinars on how to create a successful marketing website. They also offer domain hosting and website creation on their platform, which makes it a great all-in-one site to start your path into affiliate marketing. If you want a more in depth training, you can always upgrade to premium.
Buying and Selling Tickets
Another way to make money online is by buying and selling tickets to events or shows. While it’s not your next million dollar breakthrough, it can generate some extra cash to pay student loans or put into your savings. You need to invest some money in order to buy tickets but profits are almost guaranteed. There are sites like Stubhub that serve as a platform to sell tickets while charging a small service fee.
There are several steps to take in order to make a profit. First, you have to make sure to purchase tickets to events that are popular and are on presale. Shows from popular artists are more likely to sell out fast and will result in those still looking for tickets willing to pay higher prices guarantee Ticketmaster and other ticket sales companies notify people via email or texts with presale codes or offers. You also have to make sure not to buy single tickets. People like going to concerts or shows with others. Buying single tickets will either result in a small profit or no sale. If you can afford it at the time, try buying tickets with better seats or VIP packages. These will say for way higher than their original price.
Finally, have good judgment on time. Buy tickets when they first are on sale and give yourself enough time to post them on Stubhub and sell them.
Buying and Selling Domains
Just like you can flip tickets, you can flip domains. Buy and selling domains has become a popular way to make side money. Buying domains is essential buying a site name like www.flippindomains.com and selling it to someone that is looking for that exact name. There are several platforms to buy domains, such as Go Daddy or Sedo that sell domains for approximately $12-$18 for a year, with options to renew for the next year. Once you have a domain, you can sell them through these same sites or a different platform for a higher price.
If you’re looking to start selling domains, it’s important to stick to a niche and create a portfolio. Having a niche helps you stand apart from other sellers and create a client base. It’s also important to remain patient. Most domains will not sell for the first couple of months, and it’s completely normal to have a domain for a year or so. Make sure to reach out to potential buyers and keep your portfolio updated. Following these steps will result in a good side profit.
With these tips in mind, you are well on your way to finding a business that works for you. If you are up for it, you can combine some of these to create revenue from every angle.
If you have any questions or suggestions, please feel free to leave them below and I will reply as soon as possible. Thanks for reading!