I Found Every Possible Way to Make Money Online

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I Found Every Possible Way to Make Money Online Blog Image

I researched every possible way to make money online, so you don’t have to.

 

The list I will give you has 43 online business ideas, side hustles, and passive income strategies, including every possible method, niche, and platform.

 

But in this video, I’ll remove the 80% that were too hard, slow, and expensive to give you the 20% easiest, fastest, and cheapest ideas you can start as a beginner.

 

I’ll also be revealing the one way I used to make over 3.5 million dollars online, so if you watch this video till the very end, you’re going to know the 6 best ways to make money online as a beginner, the 5 worst ways you should absolutely avoid and 21 ways that simply don’t work long term or at all!

 

I’ll give you an overview of each method, the pros & cons, and some things not many people know. So if you watch until the end of the video, I will give you a list of all 43 ways to make money online, complete with platforms and niches you can download for free.

 

Now once you finish this video, make  sure to comment below your favorite idea because I will be making complete step-by-step tutorials for beginners covering the most popular methods in the comments.

 

 

Freelancing

Freelancing is a work arrangement where individuals provide their services to clients on a project-by-project basis. Freelancers are self-employed and work remotely, offering services in various fields. They set their own rates and work schedules but also need self-discipline, time-management skills, and the ability to manage multiple projects and clients.

 

Pros:

  • Flexibility – Freelancers can usually choose when and where they work, giving them more control over their schedule and work-life balance.
  • Variety – Freelancers often work on a variety of projects and with different clients, which can be more interesting and engaging than working on the same thing every day.
  • Autonomy – Freelancers have more control over their work and how they do it, which can be empowering and rewarding.
  • Potential for higher pay – Freelancers often charge more per hour than traditional employees and can earn more if they have a steady stream of work.

 

Cons:

  • Irregular income – Freelancers often experience fluctuations in their income, which can make budgeting and financial planning challenging.
  • No benefits – Freelancers usually don’t receive benefits such as health insurance, retirement plans, or paid time off.
  • Self-discipline required – Freelancers need to be self-motivated and disciplined to manage their workload and meet deadlines without the structure of a traditional workplace.
  • Limited job security – Freelancers may not have a steady stream of work or long-term contracts, which can make job security a concern.

 

Something not many people know

One interesting thing that many people may not know about freelancing is that it can actually lead to better job security in some cases. While freelancers may not have the same job security as traditional employees, they often have a diverse portfolio of clients and projects. This can provide a level of protection against sudden job loss or layoffs, as freelancers have multiple income streams and clients to rely on.

Additionally, freelancers have the flexibility to pivot their skills and services to adapt to changing market demands or client needs, which can help them stay relevant and in demand. Overall, freelancing can provide a level of job security that may not be available in traditional employment situations.

 

Example:

A simple way of becoming a freelancer as a complete beginner with no skills is to offer virtual assistant services which can include a broad range of simple tasks from managing a client’s calendar to dealing with their email account. It’s a simple service anyone with basic computer skills can offer.

 

Drop Servicing 

Drop servicing is a business model where you outsource work to freelance service providers who complete the work and deliver it to your clients under your brand name. You act as an intermediary between the client and service provider, allowing you to offer a wide range of services without having to master all the skills yourself.

 

Pros:

  • Low overhead costs – Drop servicing requires minimal startup costs and overhead, as there’s no need for physical products or a brick-and-mortar location.
  • Passive income potential – Once you’ve set up your drop servicing business and established a network of reliable service providers, you can earn money passively without doing any actual work.
  • Flexibility – Drop servicing can be done from anywhere with an internet connection, giving you the flexibility to work on your own terms.
  • Scalability – As your drop servicing business grows, you can take on more clients and services, and expand your offerings to increase your revenue potential.

 

Cons:

  • Quality control issues – As a drop service provider, you’re reliant on the quality of work from your freelancers or service providers. Poor quality work can harm your reputation and your business.
  • Dependence on third-party providers – Your drop servicing business is reliant on the availability and quality of work from your freelancers or service providers. This can be a risk if they become unreliable or unavailable.
  • Lack of control over the service delivery process – As a drop service provider, you’re not directly involved in the service delivery process, which can lead to communication issues or misunderstandings with clients.
  • Limited potential for customization – Drop servicing is focused on pre-packaged services, which may not be suitable for clients with unique or specific needs.

 

Example

Drop Servicing is the evolution of Freelancing, so taking our Freelancing example of virtual assistant services, you could build a drop servicing agency selling virtual assistant services to busy entrepreneurs such as real estate agents. 

 

Something not many people know

Drop servicing can be combined with other business models – Some entrepreneurs combine drop servicing with other business models, such as affiliate marketing or coaching, to create a more diverse revenue stream.

 

Investing & Trading 

Investing & Trading is a category of business models that includes a range of strategies and asset classes, such as the stock market, forex, real estate, and cryptocurrency. Investing is buying something with the intention of keeping it for a long time to make money gradually. Trading is buying something with the intention of selling it quickly to make money fast.

 

Stock Market

Stock market investing is buying shares of ownership in companies with the hope of making money by selling those shares at a higher price later.

 

Pros:

  • Potential for growth – Investing in the stock market can provide the opportunity for long-term growth and building wealth over time.
  • Diversification – The stock market offers a wide range of investment options, allowing investors to diversify their portfolio and spread risk.
  • Passive income – Many stocks pay dividends, which provide a source of passive income for investors.
  • Easy to access – Investing in the stock market is easy and accessible to anyone with an internet connection and a brokerage account.

Cons:

  • Risk – The stock market is volatile and comes with the risk of losing money.
  • Uncertainty – It’s difficult to predict how the stock market will perform, and past performance is not a guarantee of future results.
  • Emotional stress – Investing in the stock market can be emotionally stressful, as investors may experience anxiety or fear of missing out (FOMO) when making investment decisions.
  • Fees – Investing in the stock market can come with fees and commissions that can eat into returns over time

 

Something not many people know

One interesting thing that not many people may know about investing in the stock market is that dividends can be reinvested to compound returns over time. This means that if you own a stock that pays a dividend, you can choose to reinvest those dividends by purchasing more shares of the stock. Over time, this can lead to significant growth in your investment, as the compounding effect of reinvesting dividends can help increase the value of your portfolio.

 

Cryptocurrency

Cryptocurrency is a digital currency that uses encryption techniques to secure and verify transactions and control the creation of new units. There are several ways to make money with cryptocurrency:

  • Investing – Buying and holding cryptocurrency with the expectation that its value will increase over time.
  • Trading – Buying and selling cryptocurrency frequently to take advantage of short-term price fluctuations.
  • Mining – Contributing computing power to verify transactions and receive newly created cryptocurrency as a reward.
  • Staking – Holding cryptocurrency in a wallet or on an exchange to earn rewards for contributing to the network.

 

Pros:

  • High potential for returns – Cryptocurrency has the potential for high returns on investment due to its volatile nature.
  • Accessibility – Anyone can invest in cryptocurrency with a small amount of money and a basic understanding of the technology.
  • Decentralization – Cryptocurrency is decentralized, meaning it operates independently of banks or governments, providing greater financial freedom.
  • Diversification – Investing in cryptocurrency can provide diversification in a portfolio of assets.

 

Cons:

  • High risk – Cryptocurrency is highly volatile and comes with the risk of significant losses.
  • Lack of regulation – Cryptocurrency is largely unregulated, which can lead to fraud and scams.
  • Limited acceptance – Cryptocurrency is not widely accepted as a form of payment, limiting its practical use in day-to-day transactions.
  • Complexity – Cryptocurrency can be complex and difficult to understand, requiring significant research and knowledge before investing.

 

Something not many people know

One interesting thing that not many people may know about making money with cryptocurrency is that some cryptocurrencies offer staking rewards, which allows investors to earn more cryptocurrency by holding their coins in a staking wallet. Staking involves holding a certain amount of cryptocurrency in a wallet for a period of time to support the network and verify transactions.

In return for staking, investors receive rewards in the form of additional cryptocurrency. This provides a way to earn more cryptocurrency without having to invest additional money and can be a way to generate passive income from cryptocurrency holdings.

 

Creating & Selling NFT

NFT stands for Non-Fungible Token, which is a unique digital asset that is verified on a blockchain network. One way to make money with NFTs is by creating and selling original digital art, music, or other forms of content as NFTs. Additionally, some investors buy and hold NFTs with the expectation that their value will increase over time, similar to traditional investments.

 

Pros:

  • Unique and rare – NFTs are one-of-a-kind digital assets, providing exclusivity and rarity that can increase their value.
  • Potential for high returns – NFTs can provide the opportunity for high returns on investment, particularly for popular or rare pieces.
  • Creative expression – NFTs provide a new way for artists and creators to monetize their work and reach new audiences.
  • Resale potential – NFTs can be resold on secondary markets, providing additional opportunities for profit.

 

Cons:

  • Volatility – NFTs can be highly volatile and come with the risk of significant losses.
  • Lack of regulation – NFTs are largely unregulated, which can lead to fraud and scams.
  • Limited acceptance – NFTs are still a relatively new concept and may not be widely accepted in all industries or markets.
  • High entry cost – Creating or purchasing NFTs can require a significant amount of money, which may be a barrier to entry for some investors.

 

Something not many people know

One interesting thing that not many people may know about making money with NFTs is that some NFTs can have utility beyond their artistic or collectible value. For example, some NFTs can provide access to exclusive content or events or offer special privileges within a digital platform or ecosystem.

These types of NFTs can provide additional opportunities for profit and provide a new way for businesses and creators to engage with their audiences.

 

Forex Trading

Forex trading involves buying and selling different currencies with the aim of making a profit from fluctuations in exchange rates. One way to make money with forex trading is to buy a currency when it is undervalued and sell it when it is overvalued.

Additionally, traders can use leverage to increase their buying power and potentially earn larger profits. It’s important to note that forex trading is high-risk and requires careful research and consideration before investing.

 

Pros:

  • High potential for returns – Forex trading can provide the opportunity for high returns on investment due to the volatility of currency exchange rates.
  • Accessibility – Forex trading is accessible to anyone with an internet connection and a brokerage account.
  • Liquidity – The forex market is highly liquid, meaning traders can easily buy and sell currencies without affecting prices.
  • Flexibility – Forex trading can be done 24/7, allowing traders to adjust their strategies and take advantage of global market trends.

 

Cons:

  • High risk – Forex trading is highly volatile and comes with the risk of significant losses.
  • Complexity – Forex trading can be complex and difficult to understand, requiring significant research and knowledge before investing.
  • Emotionally stressful – Forex trading can be emotionally stressful, as traders may experience anxiety or fear of missing out (FOMO) when making trades.
  • Fees – Forex trading can come with fees and commissions that can eat into profits over time.

 

Something not many people know

One interesting thing that not many people may know about making money with forex trading is that the market is heavily influenced by global events and news, such as political announcements, economic reports, and natural disasters.

These events can cause sudden and significant changes in exchange rates, creating opportunities for savvy traders to profit from these fluctuations. This highlights the importance of keeping up-to-date with global news and events when trading forex.

 

Buy & Sell Art

Buying and selling art involves purchasing artwork with the aim of selling it later for a profit. One way to make money with art is to buy works by emerging artists or artists whose work is undervalued and hold onto it until their value increases. Another way is to buy and sell art at auctions or online marketplaces, taking advantage of price fluctuations and trends.

Additionally, buying and selling art can provide the opportunity to diversify a portfolio and provide enjoyment and aesthetic value. It’s important to note that buying and selling art can be high-risk and requires careful research and consideration before investing.

 

Pros:

  • Potential for high returns – Art can provide the opportunity for high returns on investment, particularly for works by well-known artists or those whose value increases over time.
  • Aesthetic value – Art can provide enjoyment and aesthetic value, in addition to potential financial gain.
  • Diversification – Investing in art can provide diversification in a portfolio of assets.
  • Tax advantages – Art can provide tax advantages, such as deductions for expenses related to collecting and owning art.

 

Cons:

  • High risk – Investing in art can be highly speculative and comes with the risk of significant losses.
  • Lack of liquidity – Art is generally illiquid, meaning it can be difficult to sell quickly when needed.
  • Limited market – The market for art can be limited and may fluctuate based on trends and demand.
  • High entry cost – Buying and selling art can require a significant amount of money, which may be a barrier to entry for some investors.

 

Something not many people know

One interesting thing that not many people may know about making money by buying and selling art is that some artists and collectors have started using blockchain technology to verify and authenticate art.

This provides a way to track the provenance and ownership of art, which can increase its value and provide a way to combat art fraud. Additionally, blockchain technology can offer new ways for artists to monetize their work and provide greater transparency in the art market.

 

Peer-to-Peer Lending

Peer-to-peer lending is a form of lending where individuals lend money to other individuals or businesses through an online platform, bypassing traditional financial institutions like banks. One way to make money with peer-to-peer lending is to lend money to borrowers at a high-interest rate, earning a return on the investment.

Additionally, some platforms offer the ability to diversify investments across multiple loans to reduce risk. It’s important to note that peer-to-peer lending can be high-risk and requires careful research and consideration before investing.

 

Pros:

  • High potential for returns – Peer-to-peer lending can provide the opportunity for high returns on investment due to the interest rates charged on loans.
  • Accessibility – Peer-to-peer lending is accessible to anyone with an internet connection and a brokerage account.
  • Diversification – Investing in peer-to-peer lending can provide diversification in a portfolio of assets.
  • Flexibility – Peer-to-peer lending can offer the ability to invest in loans with a variety of terms and risk levels.

 

Cons:

  • High risk – Peer-to-peer lending can be highly volatile and comes with the risk of significant losses if borrowers default on loans.
  • Lack of regulation – Peer-to-peer lending is largely unregulated, which can lead to fraud and scams.
  • Limited liquidity – Investments in peer-to-peer lending can be illiquid, meaning it can be difficult to withdraw funds when needed.
  • Fees – Peer-to-peer lending can come with fees and commissions that can eat into profits over time.

 

Something not many people know

One interesting thing that not many people may know about making money with peer-to-peer lending is that some platforms offer the ability to invest in sustainable or socially responsible loans.

These loans are directed toward projects with a positive social or environmental impact, such as renewable energy or affordable housing. Investing in socially responsible loans can provide the opportunity to earn a return on investment while supporting projects that align with personal values and contribute to a better world.

 

Options Trading

Options trading is a form of trading that involves buying and selling contracts that give the holder the right, but not the obligation, to buy or sell an underlying asset, such as stocks or commodities, at a predetermined price within a set period of time.

One way to make money with options trading is to buy options that allow you to purchase an asset at a lower price than its current market value and then sell it at a higher price for a profit.

Additionally, options trading can provide the opportunity to hedge against market volatility or generate income through writing options contracts. It’s important to note that options trading can be high-risk and requires careful research and consideration before investing.

 

Pros:

  • Potential for high returns – Options trading can provide the opportunity for high returns on investment, particularly for traders who can correctly predict market trends.
  • Flexibility – Options trading can be used for a variety of purposes, including hedging, speculation, and generating income.
  • Limited risk – Unlike other forms of trading, options trading can limit potential losses to the price of the option contract.
  • Diversification – Investing in options can provide diversification in a portfolio of assets.

 

Cons:

  • High risk – Options trading can be highly volatile and comes with the risk of significant losses.
  • Complexity – Options trading can be complex and difficult to understand, requiring significant research and knowledge before investing.
  • Time sensitivity – Options contracts have expiration dates, which can create a sense of urgency for traders to make decisions.
  • Fees – Options trading can come with fees and commissions that can eat into profits over time.

 

Something not many people know

One interesting thing not many people may know about making money with options trading is that options contracts can be used to take advantage of market volatility, not just market trends.

For example, options traders can use “straddle” or “strangle” strategies to profit from large price movements in either direction, rather than just betting on the price going up or down. This highlights the versatility and creative potential of options trading.

 

Affiliate Marketing

Affiliate marketing is a type of marketing where individuals or companies promote products or services on behalf of another company and earn a commission for each sale or lead that results from their promotional efforts.

One way to make money with affiliate marketing is to join an affiliate program and promote products or services that align with your interests or niche. This can be done through social media, blogs, or other online platforms.

 

Pros:

  • Passive income – Affiliate marketing can provide the opportunity for passive income, meaning that once the promotional content is created and shared, it can continue to earn commissions without constant effort.
  • Low startup costs – Affiliate marketing can be relatively inexpensive to start, as it typically does not require any inventory or upfront investment in products or services.
  • Flexibility – Affiliate marketing can be done from anywhere with an internet connection, allowing for flexibility in work location and schedule.
  • Diversification – Affiliate marketing can provide diversification in a portfolio of income streams.

 

Cons:

  • High competition – Affiliate marketing can be highly competitive, as many others may promote the same products or services.
  • Uncertain income – Affiliate marketing income can be unpredictable, depending on factors such as market demand and consumer behavior.
  • Lack of control – Affiliate marketers do not have control over the products or services they promote, which can lead to reputation damage if there are issues with the products or services.
  • Risk of scams – Affiliate marketing can be vulnerable to scams or fraudulent programs, requiring careful research and vetting of affiliate programs before joining.

 

Something not many people know

One interesting thing that not many people may know about making money with affiliate marketing is that some affiliate programs offer recurring commissions.

This means that affiliates can earn commissions not just on the initial sale, but on any future sales made to the same customer. This provides the potential for ongoing passive income, making it a great long-term strategy for earning money through affiliate marketing.

 

Information: Coaching & Courses

Information: Coaching & Courses is a market where individuals and companies sell their knowledge and expertise through coaching services or educational courses. One way to make money in this market is to create and sell your own coaching services or courses, leveraging your expertise in a particular field or skill.

Alternatively, you can promote and sell other people’s coaching services or courses as an affiliate, earning a commission for each sale made through your promotion. It’s important to note that this market can be highly competitive and requires careful research and strategy before investing time and resources.

 

Pros:

  • High potential for profitability – Coaching and courses can be high-profit items, as they provide access to specialized knowledge and expertise.
  • Scalability – Coaching and courses can be scaled to reach a large audience, providing the potential for significant income growth.
  • Flexibility – Coaching and courses can be created and marketed online, providing flexibility in work location and schedule.
  • Personal fulfillment – Coaching and courses can be personally fulfilling, as they allow you to share your knowledge and expertise with others.

 

Cons:

  • High competition – Coaching and courses can be highly competitive, as many others may also be offering similar products or services.
  • Time-consuming – Creating and marketing coaching and courses can be time-consuming, requiring significant effort to create high-quality content.
  • Limited market – Coaching and courses may have a limited market, as they may only appeal to a specific niche audience.
  • Reputation management – Coaching and courses can be vulnerable to reputation damage if there are issues with the quality of content or customer support.

 

Something not many people know

One interesting thing that not many people may know about making money with coaching and courses in the information market is that some successful coaches and course creators have been able to generate a significant portion of their income through passive revenue streams, such as affiliate marketing, book sales, and advertising.

By building a strong personal brand and loyal audience, these individuals are able to leverage their expertise and reach to create multiple streams of income beyond just coaching or course sales.

 

Digital Assets Like Envato

Digital assets, like Envato, refer to various types of digital content, such as website templates, stock photos, video and audio files, and graphic design elements, that can be bought and sold online. One way to make money with digital assets is to create and sell your own products on platforms like Envato.

Alternatively, you can promote and sell other people’s digital products as an affiliate, earning a commission for each sale made through your promotion. It’s important to note that creating successful digital products can be competitive and requires careful research and consideration before investing time and resources.

 

Pros:

  • Passive income – Digital assets can provide the opportunity for passive income, meaning that once the product is created and uploaded, it can continue to earn sales without constant effort.
  • Scalability – Digital assets can be scaled to reach a large audience, providing the potential for significant income growth.
  • Flexibility – Digital assets can be created and marketed online, providing flexibility in work location and schedule.
  • Diversification – Selling digital assets can provide diversification in a portfolio of income streams.

 

Cons:

  • High competition – The market for digital assets can be highly competitive, as many others may also be offering similar products or services.
  • Intellectual property issues – Selling digital assets can be vulnerable to intellectual property issues, such as copyright infringement or theft.
  • Limited market – Digital assets may have a limited market, as they may only appeal to a specific niche audience.
  • Technological knowledge – Creating and selling digital assets may require specialized technological knowledge, such as coding or graphic design skills.

 

Domain Flipping

Domain flipping refers to the practice of buying and selling domain names for a profit. One way to make money with domain flipping is to purchase domain names that have potential value or are in demand, and then resell them to interested buyers at a higher price.

Additionally, domain flippers can also use strategies such as domain name speculation or domain parking to generate income from their purchased domains while waiting for the right buyer to come along. It’s important to note that domain flipping can be highly competitive and requires careful research and strategy before investing money in domain purchases.

 

Pros:

  • Potential for high profits – Domain flipping can provide the opportunity for high profits, as valuable domain names can be sold for significant amounts.
  • Scalability – Domain flipping can be scaled to include a large portfolio of domains, providing the potential for significant income growth.
  • Flexibility – Domain flipping can be done from anywhere with an internet connection, allowing for flexibility in work location and schedule.
  • Diversification – Domain flipping can provide diversification in a portfolio of income streams.

 

Cons:

  • High competition – The market for domain flipping can be highly competitive, as many others may also be seeking to purchase and resell valuable domain names.
  • Risk of loss – Domain flipping can be risky, as there is no guarantee that a purchased domain name will appreciate in value or find a buyer at a profitable price.
  • Limited market – Domain flipping may have a limited market, as it may only appeal to a specific niche audience.
  • Requires careful research and strategy – Successful domain flipping requires careful research and strategy, including staying up-to-date on industry trends and domain name value fluctuations.

 

Something not many people know

One interesting thing that not many people may know about making money with domain flipping is that some domain flippers have been able to generate significant income by buying and holding onto domain names for long periods of time, allowing them to appreciate in value.

This strategy, known as domain name speculation, involves identifying potentially valuable domain names early and holding onto them until they become highly sought after by potential buyers.


Create & Monetize Mobile Apps

Creating and monetizing mobile apps refers to the process of designing, developing, and publishing mobile applications for smartphones or tablets, and then generating revenue from those apps.

One way to make money with mobile apps is through in-app advertising, where ads are displayed within the app and revenue is generated based on clicks or impressions. Alternatively, developers can offer premium versions of their apps or charge for certain features, which can provide a source of income.

 

Pros:

  • High potential for profitability – Successful mobile apps can generate significant profits, as they provide access to a large user base.
  • Scalability – Mobile apps can be scaled to reach a large audience, providing the potential for significant income growth.
  • Flexibility – Mobile app development can be done from anywhere with an internet connection, allowing for flexibility in work location and schedule.
  • Opportunities for innovation – Mobile apps provide an opportunity to be creative and innovative, which can lead to unique and successful products.

 

Cons:

  • High competition – The market for mobile apps can be highly competitive, as many others may also offer similar products or services.
  • Technical skills required – Developing mobile apps requires specialized technical skills, which can be difficult to acquire for those without a technical background.
  • High cost of development – Developing mobile apps can be costly, requiring a significant investment of time and resources to create high-quality products.
  • Rapidly evolving industry – The mobile app industry constantly evolves, meaning successful apps must keep up with changing trends and user demands.

 

Something not many people know

One interesting thing that not many people may know about making money with mobile apps is that some successful app developers have been able to generate significant income by developing apps for niche markets or communities.

Rather than targeting a broad audience, these developers create apps that cater to the specific needs or interests of a particular group, such as a fitness app for seniors or a language learning app for a specific language.


Saas

SaaS stands for Software as a Service and refers to a business model where software is provided over the internet and accessed through a web browser or mobile app.

One way to make money with SaaS is through a subscription-based model, where users pay a monthly or annual fee to access the software. Additionally, SaaS providers can generate revenue through other means, such as offering premium features or charging for additional services.

 

Pros:

  • Recurring revenue stream – SaaS businesses can generate recurring revenue through subscription-based models, providing a reliable source of income.
  • Scalability – SaaS businesses can be scaled to reach a large audience, providing the potential for significant income growth.
  • Low barriers to entry – Starting a SaaS business can be relatively low-cost compared to traditional software development, as it often requires less investment in infrastructure and equipment.
  • Flexibility – SaaS businesses can be operated from anywhere with an internet connection, allowing for flexibility in work location and schedule.

 

Cons:

  • High competition – The market for SaaS can be highly competitive, as many others may also offer similar products or services.
  • Technical skills required – Developing and maintaining SaaS software requires specialized technical skills, which can be difficult to acquire for those without a technical background.
  • Churn rate – SaaS businesses may face a high churn rate, as customers may cancel their subscriptions or switch to a competitor’s product.
  • Rapidly evolving industry – The SaaS industry is constantly evolving, meaning successful businesses must keep up with changing trends and user demands.

 

Something not many people know

One interesting thing that not many people may know about making money with SaaS is that some successful SaaS companies have been able to generate significant profits by offering a free version of their software, known as a freemium model. This allows users to try the software for free, with limited features, and then upgrade to a paid version to access additional features and functionality.

By offering a free version, SaaS companies can attract a large user base and generate revenue from those willing to pay for more advanced features. This approach can be highly effective for SaaS companies that offer products with high user engagement, as it allows for the potential for a large number of users to upgrade to a paid version.

Amazon FBA

Amazon FBA stands for Fulfillment by Amazon, and it refers to a service provided by Amazon that allows businesses to store their products in Amazon’s fulfillment centers. When a customer places an order, Amazon handles the shipping and handling of the product, as well as customer service and returns.

One way to make money with Amazon FBA is by selling products through Amazon’s platform, which can provide access to a large audience and streamlined fulfillment processes. Additionally, Amazon FBA can provide opportunities for businesses to expand into new markets and increase sales.

 

Pros:

  • Access to a large audience – Selling products through Amazon’s platform provides access to a large customer base, which can lead to increased sales and profitability.
  • Streamlined fulfillment processes – Amazon handles the shipping and handling of products, as well as customer service and returns, which can save time and resources for businesses.
  • Opportunities for growth – Amazon FBA can provide opportunities for businesses to expand into new markets and increase sales, with the potential for significant income growth.
  • Built-in trust – Amazon’s reputation for customer service and reliability can help businesses build trust with customers and improve sales.

 

Cons:

  • High competition – The market for Amazon FBA products can be highly competitive, as many others may also be selling similar products.
  • Fees and expenses – Amazon charges fees for using their FBA service, as well as additional expenses such as storage and shipping fees, which can eat into profit margins.
  • Limited control – Amazon handles the fulfillment process and may have strict policies regarding product quality and pricing, which can limit a business’s control over its own products.
  • Platform dependence – Amazon’s platform is the primary source of sales for businesses using FBA, which can create a dependence on the platform and make it difficult to transition to other sales channels if necessary.

 

Something not many people know

One interesting thing that not many people may know about making money with Amazon FBA is that businesses can use Amazon’s platform to test new product ideas and gather customer feedback before investing in large quantities of inventory. By leveraging Amazon’s customer base and fulfillment processes, businesses can test the market with minimal investment and risk.

 

Audiobook & Ebook Publishing

Audiobook & Ebook Publishing involves creating and publishing digital books that can be downloaded and read or listened to on electronic devices. One way to make money with this is to self-publish your own books, either through online marketplaces like Amazon or through your own website.

Another option is to offer publishing services to other authors, such as editing, formatting, and cover design. By creating high-quality books and marketing them effectively, it’s possible to generate significant income through ebook and audiobook sales.

 

Pros:

  • Low startup costs – Ebook and audiobook publishing can be done with minimal investment in equipment and software, making it an accessible option for many aspiring authors and publishers.
  • Global reach – Digital books can be distributed and sold worldwide, providing access to a large audience and potential for significant income.
  • Flexible pricing – Ebook and audiobook pricing are quick and easy to adjust, making it possible to experiment with different pricing strategies and discounts to maximize sales.
  • Passive income – Once published, ebooks and audiobooks can continue to generate income through ongoing sales, providing a source of passive income.

 

Cons:

  • High competition – The ebook and audiobook market can be highly competitive, with a large number of books available in a variety of genres.
  • Technical skills required – Ebook and audiobook publishing require technical skills such as formatting, design, and audio production, which can be a barrier to entry for some.
  • Changing market – The ebook and audiobook market is constantly evolving, with new trends and technologies emerging, requiring ongoing efforts to stay up to date, and remain competitive.
  • Difficulty in marketing – With so many books available online, standing out and getting noticed can be challenging, requiring significant marketing efforts and investment.

 

Something not many people know

One thing not many people know about making money with Audiobook & Ebook Publishing is that there are many different ways to monetize your content beyond just sales. For example, you can offer your ebooks and audiobooks as part of a subscription service or bundle them with other related products to create value for your customers.

You can also monetize your content through sponsorships, affiliate marketing, or even by licensing your content to other publishers or platforms.


Dropshipping & Ecommerce

Dropshipping & Ecommerce involves selling products online without having to hold inventory or handle shipping. One way to make money with this is to set up an online store using an e-commerce platform like Shopify and source products from dropshipping suppliers who will fulfill orders on your behalf.

You can also create your own unique products to sell on your online store. By marketing your products effectively and providing great customer service, it’s possible to generate significant income through e-commerce sales.

 

Pros:

  • Low startup costs – E-commerce and dropshipping can be done with minimal investment in inventory and infrastructure, making it an accessible option for many entrepreneurs.
  • Wide product selection – With dropshipping, you have access to a wide variety of products from different suppliers, allowing you to offer a diverse range of products to your customers.
  • Flexible pricing – E-commerce pricing can be adjusted easily and quickly, making it possible to experiment with different pricing strategies and discounts to maximize sales.
  • Location independence – E-commerce allows you to sell products from anywhere, giving you the freedom to work from anywhere in the world.

 

Cons:

  • High competition – The ecommerce market can be highly competitive, with a large number of online stores and marketplaces offering similar products.
  • Shipping times – Since you’re relying on suppliers to fulfill orders, shipping times can be longer and less predictable, potentially leading to customer dissatisfaction.
  • Technical skills required – Ecommerce requires technical skills such as website design and development, marketing, and customer service, which can be a barrier to entry for some.
  • Changing market – The ecommerce industry is constantly evolving, with new trends and technologies emerging, requiring ongoing efforts to stay up to date and remain competitive.

 

Something not many people know

One interesting thing that not many people may know about making money with Dropshipping & Ecommerce is that it’s possible to use social media platforms like Instagram and TikTok to promote your products and generate sales.

By building a strong following and creating engaging content, you can drive traffic to your online store and increase sales. In fact, many successful e-commerce stores have leveraged social media to grow their businesses and reach new customers.

 

Print on Demand

Print on Demand is a business model that allows you to sell custom-designed products, such as t-shirts or mugs, without having to hold any inventory. With this model, you create designs and upload them to a platform that handles the printing and shipping for you.

One way to make money with Print on Demand is to set up an online store and promote your designs to potential customers. Another way is to use marketplaces like Etsy or Amazon to reach a larger audience.

 

Pros:

  • Low startup costs – With Print on Demand, you don’t need to invest in inventory, equipment, or storage space, making it a low-risk and cost-effective way to start a business.
  • Wide range of products – Print on Demand offers a variety of customizable products, including t-shirts, phone cases, mugs, and more, giving you a lot of options to choose from.
  • Easy to scale – Since there are no inventory costs, it’s easy to scale your business quickly as you don’t need to worry about storage space or managing inventory.
  • Low maintenance – Once you have uploaded your designs and set up your store, the Print on Demand platform takes care of everything from printing to shipping, leaving you with more time to focus on marketing and growing your business.

 

Cons:

  • Limited profit margins – The cost of producing a single product through Print on Demand can be higher than traditional manufacturing methods, which can limit your profit margins.
  • Quality control – As you are relying on a third party to produce and ship your products, quality control can be a challenge, and if the quality of the product is poor, it can lead to negative customer reviews and returns.
  • Limited customization – While there is a wide range of products available, the level of customization can be limited compared to traditional manufacturing methods.
  • Competition – As Print on Demand becomes more popular, competition is increasing, making it harder to stand out and succeed in the market.

 

Something not many people know

One interesting thing that not many people know about making money with Print on Demand is that it’s possible to target niche markets with highly specific designs that cater to their interests.

For example, you could create designs that appeal to a specific fandom or subculture, such as sci-fi fans or cat lovers. By targeting these niche markets, you can create a loyal customer base and generate more sales, as your designs will stand out from the competition.

Content Creation & Monetisation

Content creation and monetization refer to the process of creating digital content, such as videos, podcasts, blogs, and social media posts, and earning money from them. To make money with content creation and monetization, you need to build an audience by creating valuable and engaging content that appeals to your target audience.

Once you have built a significant following, you can monetize your content through various means, such as sponsored content, affiliate marketing, advertising, and product sales.

 

Pros:

  • Unlimited income potential
  • Ability to work from anywhere
  • Opportunity to showcase creativity and build a personal brand
  • Flexible work schedule

 

Cons:

  • Can take time to build an audience and establish a profitable revenue stream
  • Requires consistent effort and investment in content creation
  • Can be competitive in certain niches
  • Income may be unstable or unpredictable

 

Something not many people know

One interesting thing few people know about making money with content creation and monetization is that it’s possible to earn passive income from evergreen content. Evergreen content is content that remains relevant and valuable for a long time, such as tutorial videos or blog posts that provide useful information on a particular topic. By creating evergreen content, you can attract a steady stream of traffic to your content and generate passive income through advertising, affiliate marketing, or product sales.

Make Money Online Platforms

There are 10 business ideas that fall into the make money online platform category.

  • Surveys & Market Research
  • Mystery Shopping
  • Product Reviews
  • User Experience Testing
  • Transcription
  • Data Entry
  • Virtual Assistant
  • Micro Tasking
  • Paid Book Reviews
  • Paid Community Moderation

 

Make Money Online Platforms refer to websites and apps that allow users to earn money through various online tasks such as completing surveys, participating in user experience testing, data entry, and transcription. To make money on these platforms, you must create an account and start completing available tasks.

The amount of money you can earn varies depending on the platform and the task, but many offer payment in the form of cash, gift cards, or other rewards. The key to success on these platforms is to consistently complete tasks and build a positive reputation, which can lead to higher-paying opportunities and increased earning potential.

 

Pros:

  • Convenient and flexible way to earn money from anywhere with an internet connection
  • It can provide a source of supplemental income or even a full-time income for some people
  • Many platforms offer a variety of tasks to choose from, allowing you to find something that interests you or matches your skills
  • Some platforms offer relatively quick payouts

 

Cons:

  • Pay rates can be low for some tasks
  • Some platforms have strict eligibility requirements or limited availability of tasks
  • There is a risk of running into scams or fraudulent platforms
  • Some platforms may limit the number of tasks you can complete, making it difficult to earn a consistent income

 

Something not many people know

One interesting thing that not many people know about making money with online platforms is that some platforms offer opportunities for passive income, where you can earn money from tasks that you have completed in the past.

For example, some platforms may pay you for allowing them to use your browsing history or to share your data anonymously. This can be a great way to earn extra money without additional effort.

 

Offline Side Hustles

Offline side hustles are kind of a hybrid.  A lot of them do require internet technology to use, such as Airbnb, Uber, and Wag. They are a lot more manual ways of making money online, and they are essentially glorified jobs. But I’ll still include some of these ideas if you’re interested.

Offline side hustles like Airbnb, Uber, and Wag involve providing services to people in your local community. With Airbnb, you can rent out a spare room or your entire home to travelers looking for a place to stay. With Uber and similar ride-sharing services, you can use your own car to provide transportation to people in need.

And with Wag, you can offer your services as a dog walker or pet sitter to local pet owners. To make money with these side hustles, you must sign up for the relevant platform, follow their guidelines and requirements, and provide high-quality services to your clients. You can set your own rates and schedule, making these side hustles a flexible way to earn extra income.

 

Pros:

Pros of offline side hustles like Airbnb, Uber, and Wag are the ability to make extra income on a flexible schedule, the potential to meet new people, and the opportunity to develop new skills. 

 

Cons:

However, the cons include the risk of personal safety, the potential for wear and tear on personal property, and the lack of benefits or job security. Additionally, some side hustles may require certain qualifications or licenses to operate legally. And, of course, it’s a job, so there is a lot of manual labor involved.


Something not many people know

One interesting thing not many people know about making money with offline side hustles like Airbnb, Uber, and Wag is that you can turn these platforms into full-time careers. Many people start out doing these gigs as a way to earn extra money on the side, but with dedication and hard work, it’s possible to turn them into full-time jobs. Some drivers for Uber and Lyft, for example, are able to earn six-figure salaries by working long hours and building up a loyal customer base.

 

Other Offline Side hustles

  • Pet Sitting & Dog Walking
  • Food Delivery
  • Ride Sharing
  • Rent Out Your Space
  • Food Delivery
  • House Sitting
  • Home Cleaning
  • Event Planning
  • Food Blogging
  • Car Sharing

 

Disclaimer

Now, a quick thing you should know, all of these ways to make money online are real, and it’s possible to make money with all of them, but the fact is some are better than others. So now I want to give you a quick rundown of the best, bad, and ways that don’t work long-term.

 

6 Best Ways for Beginners

In my opinion, these are the 6 best ways to make money online for beginners because they are cheap to start, easy to get results with, and the results can be fast. Of course, nothing is guaranteed; you still need the right strategy and approach to get results.

  • Drop Servicing & Freelancing
  • Investing & Trading
  • Ebook Publishing
  • Audiobook Publishing
  • Dropshipping & E-commerce

 

5 Bad Ways for Beginners

These, in my opinion, are not the best because they either take too long to get results, are too expensive to start for a beginner, or are a bit too complicated to get results.

  • Amazon FBA
  • Affiliate Marketing
  • Information: Coaching, Content, & Courses
  • Digital Assets
  • Domain Flipping
  • Create & Monetize Mobile Apps

 

21 Ways that Don’t Work Long-Term or at All

Now all of these ways here you can make money with, but quite frankly, it takes a lot of manual labor, and you don’t make very much in return for that labor, so they aren’t really a good long-term option.

  • Surveys & Market Research
  • Mystery Shopping
  • Product Reviews
  • User Experience Testing
  • Transcription
  • Data Entry
  • Virtual Assistant
  • Micro Tasking
  • Paid Book Reviews
  • Paid Community Moderation
  • Offline Side Hustles
  • Pet Sitting & Dog Walking
  • Food Delivery
  • Ride Sharing
  • Rent Out Your Space
  • Food Delivery
  • House Sitting
  • Home Cleaning
  • Event Planning
  • Food Blogging
  • Car Sharing

 

How I made 3.5 million dollars

Personally, I made most of my money with drop servicing, first by building drop servicing businesses and selling money, and eventually, I added other income streams to that, such as YouTube Adsense, investments, affiliate partnerships, courses, and more.

Comment below your favorite idea because I will be making complete step-by-step tutorials for beginners covering the most popular methods in the comments.

 

Here’s a link to the full list. Feel free to open and download the file.