Everyone needs a supplemental source of income. Even if you have a nice cushy job today, it is impossible to know whether you will still have that job tomorrow. Perhaps the only people who do not need supplemental incomes are heirs to fortunes and royalty who never have to work a day in their lives. But for ordinary folk like you and I, a supplemental income source is not just a good idea, it is vital to our very survival in the world we live in today.
That being said, it is no secret that adding something extra to your regular income is easier said than done. If you have a full time job, finding time to make some extra cash might be nearly impossible. If you do not have a job, you probably do not need me to tell you how important it is to have an income source you can count on. However, there is a simple solution that anyone can take advantage of: leveraging the power of the internet. The internet has made it possible for anyone to make a living, and you do not even have to commit too much of your time to do it. If this sounds like something you might be interested in, here is how to make supplemental income online.
1. OFFER SERVICES ONLINE
One of the best places to start doing this is on Fiverr. What are you good at? It can literally be anything at all. People pay for all sorts of things. Which means you can finally monetize that secret celebrity impression talent you have never told anyone about.
That being said, there are a few popular categories on Fiverr that make it the go-to marketplace for online services. If you are good at graphic design, writing, video editing, digital marketing, music, programming, web design, audio production and business-related skills, you can make quite a bit of money performing small tasks for people on Fiverr.
When the site started, all the gigs were $5, and you would get $4 after Fiverr took a 20% cut. Today, you can price your gig in any way you like, just be sure to include the 20% Fiverr fee as you do.
The services you offer online can also extend to the real world. One of the best platforms for such services is TaskRabbit. With TaskRabbit, you sign up to be a Tasker and help people with various tasks.
Popular tasks on TaskRabbit include waiting in line, cleaning, delivery, running random errands, event planning, furniture assembly, home repairs, heavy lifting, moving services, organization, packing, decoration, event staffing, personal assistance, shopping, and yard work.
With this platform, you set your own rates. On average, Taskers make anywhere from $25 to $150 an hour depending on their location and what they can do.
2. BECOME A VIRTUAL ASSISTANT
Many business owners often get a little overwhelmed and need a little extra help with a variety of tasks. Simple tasks such as social media management, website updates, data entry, among other such tasks can often be delegated freeing up some time for the business owner to run the business more efficiently.
As a virtual assistant, you will basically be a secretary and a personal assistant all rolled into one. Expect to perform a wide variety of tasks, which will only increase as you expand your areas of expertise. You might have to run the online section of a particular business, which will mean that you will help with everything from website graphics, podcast show notes, preparing emails and posting on social media. Most business owners don’t mind when you get the job done as long as it gets done, so this kind of jobs could be perfect for weekends.
On average, virtual assistants make between $15 to $20 an hour depending on their level of experience.
3. FLIPPING STUFF ONLINE
Flipping means buying low and selling high. It is a popular business model especially on sites like eBay, Amazon and Craigslist.
The biggest downside to this business is that you need to spend money to make money. You will have to buy your own inventory and figure out how to sell it. However, if you know exactly what to buy and where to get it, you can make quite a lot of money flipping stuff online.
As a beginner, if you do not want to spend any of your own money, consider getting some free furniture on Craigslist, cleaning I up then selling it for a 100% profit. Once you learn the ins and outs of the business, you can then start putting in some of your own money into the business.
I have tried and made some good money on Amazon FBA. It is worth a try!
4. BECOME AN SEO CONSULTANT
Every website wants to rank high in search engine result pages. Every business understands that having an online presence is the future, and ranking high is the best way to be found. If you study up and learn everything you can about SEO and search engines, then demonstrate that you can get a website to rank higher in the result pages, you can become an SEO Consultant.
Beginner SEO Consultants make $50 to $75 an hour. Consider taking a course in this to build some credibility before you go out looking for clients. Once you get your foot in the door, you will realize that this can be a very lucrative field where you can make lots of supplemental income online.
5. BECOME A RESUME COACH
People are trying to land jobs every day. Most of them send out hundreds of applications without any success. When this happens, it is often due to the fact that their resumes do not stand out.
If you have a background in HR, if you are a business owner yourself, if you have ever participated in hiring talent or if you simply know a lot about resumes and how to make them stand out, this is the job for you. As a resume coach, your job will be to help other people rewrite and edit their resumes with the aim of helping them land a job.
The pay for resume coaches usually depends on the client you are working with. It usually ranges from $10 to $25 an hour.
6. BECOME A CHAT AGENT
You can also become a chat agent. Chat agents are the real life people you communicate with through popup chats when you visit some websites. As more and more websites come up every day, chat agents are becoming more and more needed to drive leads and create conversions.
You can either become a general chat agent or a technical one. The pay is different for each type. Sites like Chatshop and SiteStaff are great places to start your search for chat agent jobs.
7. BECOME A MARKETING CONSULTANT
If you could always tell a product that would sell and one that would flop, you might have the marketing consultant’s eye. If you can drive traffic to a website, being a marketing consultant could be something you can start doing today and make a decent living off it.
Becoming a marketing consultant is great because it gives you the opportunity to be your own boss and to work with the kinds of clients you want. You create your own schedule and build your business from there.
Your first step towards this goal should be to reach out to local businesses in your area and convince them that you can do a great job at marketing them. It helps if the business clearly needs some marketing help. This is closely related to #4 above and is also referred to as “Local SEO Marketing”.
8. CREATE VIDEO CONTENT
Did you know that YouTube is the world’s second most popular search engine after Google? And for good reason. People love videos. They will watch almost anything you put in their faces, which is why nearly half of Facebook’s content is now video.
You can take advantage of this by creating your own videos. If you have a recipe you would like to share with the world, a cute cat that does tricks, or you have some mad ukulele skills, you could have a potential viral video on your hands. Pick up your camera, record and upload it.
If you are going to be making YouTube videos, it is a good idea to invest in a decent video editing software. This won’t cost you an arm and a leg, and it will pay for itself in no time. Making high quality videos is a sure way to drive traffic to your channel.
On the subject of YouTube channels, it is very easy to create one. All you need is a Gmail account and voila! You are in. You can start uploading your videos immediately. To make money off them, you will need to do one or all of these things:
– Sign up for the YouTube Partner program. You will need to have a total of 4000 viewing hours and 1000 subscribers to qualify. Once you do, YouTube will place ads in our videos and pay you for every ad watched or clicked.
– Add affiliate marketing links to the text descriptions of your videos. When someone clicks your link and buys a product using it, you earn a commission. But more on affiliate marketing a little later.
– Create sponsored videos or work with merchandise deals
– Use Google AdSense ads.
9. EDIT VIDEOS FOR A LIVING
For most people, making videos is fun. Editing them is not. If you have some decent editing software and you enjoy working on the same thing for hours, this could be the job for you. Video creators could outsource their editing jobs to you, which will free up their time so that they can make more videos. The best part about this job is that the more you do it, the better you get at it. Which means eventually, you will be able to take on more jobs and make more money within the same time it takes you to edit a single video now.
10. TEACH ONLINE COURSES
If you are very knowledgeable about a particular subject, you could teach it online for a fee. There are platforms where all you have to do is show up and teach a class or an individual online using a service like Skype.
You can take things up a notch by creating an online course for it and automating the teaching process. How does this work? Easy. You will have to make a one-time commitment to creating a high quality video or audio course. Make sure the content you create is the best you can, and what it is done, your work will then be to market it online.
So this means you create your lessons once and people pay you over and over to access it. Eventually, once the marketing bit is done, it can be a great source of passive income online.
11. START A PODCAST
Podcast have become huge in recent years. You can take advantage of this growth by starting your own podcast and making money off it. If you are particularly knowledgeable in a specific field, you can start a podcast about it and talk about it. There are people who would love to listen to you and learn from you.
Podcasts are a lot like YouTube channels, they even make money in almost the same way. However, with podcasts, the big money lies in sponsorship deals. If you can get a company that is willing to advertise with you, you can charge them whatever you want as long as it is within reason.
12. ONLINE PERSONAL TRAINER
This is a personal trainer who trains you without ever meeting you. As an online personal trainer, you will be working with people who cannot go to the gym for one reason or another. Your job will be to offer personal training services just like you would in a regular gym. Your primary market is people who do not have access to a gym but still want to work out.
13. TRANSLATION SERVICES
This is the perfect supplemental income source for people who speak more than one language. There is a constant need for translation services today especially as the world gets smaller. If you are proficient in two or more languages, you can monetize that skill by becoming a translator. The best part about this job is that you can work from anywhere you want.
14. FREELANCE WRITING
If you have some fairly decent writing skills, you can make a living off that by offering writing services to people. The internet is full of people who need articles and web content for their sites and blogs. You will never run out of work to do, especially if you become really good at what you do.
The best strategy that you can use to become a successful freelance writer is to carve out a niche for yourself pretty early on in your career. Establish yourself as the go-to writer on a particular subject and you will soon have a steady stream of work. Aim to constantly learn new things and differentiate yourself from everyone else and your business will grow in leaps and bounds.
As a freelance writer, you can opt to either become a copywriter, where your job will be to create website copy for company landing pages, product descriptions, and random articles that will populate the web.
You can also be a ghost writer. Ghostwriting involves writing articles or books as someone else. You will not have your name attached to the work, but you can add it to your portfolio.
You can also become a freelance journalist. Today, you no longer need a degree in journalism to be a journalist. As long as you find a story that piques your interest, you can investigate it and work with your local news agency to publish it.
As you can see, there is a world of opportunity for anyone with a passion for writing. You can take advantage of these and many other ways to make a decent supplemental income online as a freelance writer.
If you do not want to write for other people, you can also make money writing for yourself. As a blogger, you can write about literally anything you want. As long as you care about it, you can write about it. Running your own blog means that you make all the rules, so you can do anything you want.
If you put in the work and are patient enough, blogging can be an incredible source of added income. There are bloggers who make thousands of dollars online every month. Here are the steps you will need to take if this sounds like something you would be interested in:
– Find a niche. Your niche is what determines the type of audience you will be writing for. Pick a niche based on something you have an interest in or something you are passionate about to avoid getting bored halfway and abandoning your blog altogether.
– Choose a domain name and hosting plan. Be sure to pick a name that resonates with your niche.
– Create great content consistently
– Do your SEO
– Monetize through ads, subscribers, sponsors or affiliate marketing (more on this later).
And that’s it! I know this oversimplifies things a little bit, and it does not show the tremendous amount of effort you will need to put into your business if you want to come out on top. However, if you check all the boxes as you take these steps, you will be well on your way to having a successful money making blog.
16. EDITING AND PROOFREADING
We already talked about copy writing earlier. This goes hand in hand with that. All the copy that is written by freelance writers needs to be proofread and edited before it can be uploaded on the web. This is exactly what editors and proofreaders do. They comb through texts and search for grammar mistakes and wayward commas. If you have a good eye for spotting mistakes in anything you read, this might be the job for you.
It helps to have a language degree or some relevant qualifications to get a head start in this. However, it is not a requirement, and you can easily build a reputation by working on your portfolio. Eventually, you will make it into the big leagues and start getting requested to take on specific editing tasks. All you need to do to get started on this journey is to search for a few basic editing jobs online and work your way up from there. Sites like Upwork, Freelancer, Fiverr and other major job boards have no shortage of editing jobs for you to take a look at.
17. FLIPPING INTERNET REAL ESTATE
Websites are the backbone of the internet. And websites are simply just domain names with a hosting plan. Which is why you can make a lot of money buying and selling domain names on the web.
Some people or companies want really specific domain names for their businesses. When you own these domain names, you have the upper hand and the bargaining power, which means these businesses will have to come to you to get the names they want.
All it takes is to have a keen eye for future trends and learn to anticipate people’s needs before they have them. When you start out, the amount of money you make from this business will be quite small. It will take some time to build your business and start making a reliable income buying and selling domain names. So you can take things up a notch and start flipping entire websites.
Buying and selling entire websites will obviously make you more money, but it requires a little more skill. What you are looking for is an underutilized site that the owners do not realize the kind of potential it holds. Your job will be to buy such a site, build it up or revamp it, then put it up for sale.
Flipping websites takes some experience and a very keen eye. You might make a lot of money from a single sale, or you may not make any sale at all. Here is an example of a very successful sale:
18. WEB AND GRAPHIC DESIGN
If you have some web design and programming skills, or you are willing to learn them, you can make quite a lot of money as a web designer. If you have a good eye for design and a creative side, this can be the perfect job for you. All the work you do will be entirely online. If your designs stand out, you can quickly build a reputation and rapidly expand your business.
On the other hand, being a graphic designer requires fewer skills. All you need is a good eye for art and color combinations. Everything else is done entirely by graphic design software. You can download and become proficient in most of these programs in less than a week by learning from tutorials, then start working as a freelance graphic designer.
Graphic designers make money by creating t-shirts, illustrating books, branding products and services, or selling their own original designs online.
19. AFFILIATE MARKETING
I have mentioned affiliate marketing a bunch of times throughout this text, and as promised, here is everything you need to know about it.
Affiliate marketing is a business model that allows you to promote other people’s products and earn a commission from every sale you make. As an affiliate, you do not own any products or services of your own. You simply create interest in a particular product or service, then get people to make a purchase using your referral links.
Referral links are unique links that every affiliate marketer on the internet has. These links are specific to a single product, and they help prove that a purchase has been made through a lead that you sent.
I strongly believe that affiliate marketing is one of the best, most straightforward, and most rewarding jobs you can do on the web today. This is true for many reasons:
– You get to be your own boss. As an affiliate, you choose to promote the products you like. You also get to work whenever you want for however long you want.
– Anyone can do it. It does not matter what level of experience you have. As long as you have a computer with an internet connection, you can be an affiliate marketer.
– It guarantees you financial freedom (if you stick to it and put in the work). Once you build up your business, you can finally start making a passive income from your affiliate marketing business. Nothing beats the sort of financial freedom that comes with having a passive source of income.
– It is also a very low risk business venture. You do not have to stock up on any inventory, so you do not risk having any dead stock. If you realize that a particular product is not selling as much as you would like, simply move on to the next one!
– It has an uncapped earning potential. You can make as much money as you want! With this business, the more you sell the more money you make. So the sky is literally the limit!
Times have changed. Today, everyone holds the entirety of human civilization’s knowledge in the palm of their hands. You would think that people would do something worthwhile with that kind of power, but instead, we play games and like Facebook statuses.
I’m not innocent, either, I too indulge in the occasional Candy Crush and laugh at popular dog videos. All I am saying is that it shouldn’t be all that the internet can do for us. The least we can do is make sure that anyone with an internet connection and a device that can connect to the internet never goes broke. If you have a smartphone or a laptop, you should always have a little extra cash because the internet is rife with money making opportunities.
If you want to supplement your income online, I hope this article has given you a few ideas of how that can be done. If you play your cards right, your side job might even turn into a full time job! I wish you the best of luck in this journey.
I hope you give the link above a try. Your financial freedom and stability is at your reach. You can start to live the life you dream of if you take advantage of this FREE resource – Thee is no need for credit card! You sign up and take it for a test drive, and then decide whether it is for you or not (I think you will find the training second to none!).
To your success,