For many people, making money online would be an absolute dream come true. If they could find a way to make money with a website or some other online venture, they could quit their job to focus on entrepreneurship, spend more time with their family, and finally take back control of their time and their lives.
If you’re angling for how to earn money online but aren’t sure where to start, here are several of the best and most realistic strategies to consider:
10 easy ways on how to earn money online quickly
1. Google Adsense
If you’ve visited any website, you’ve seen Google ads. These ads are everywhere, and for good reason. Not only are they easy to set up on any basic website, but they can be lucrative once your website starts bringing in a steady amount of traffic.
One of the cool things about Google AdSense is that it’s so easy to get set up. If you have a blog or website, you can sign up for a free Google AdSense Account. From there, Google will give you a unique code that you will paste onto your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. Google adsense is one of the best way to earn money online.
2. Start your own website
Interested in generating passive income? You need a website. It’s the way to make money while you sleep. Starting a website with Blue host takes less than 20 minutes, costs hardly anything and can be done by an 82 year old. It only takes a bit of plugging on social media to get your first visitors, and there are plenty of ways to monetize your site.
Save the Student is just one example of a successful website, started at university by Owen Burke in his first year, which has since grown into a full-time and sizable enterprise.
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3. Affiliate Marketing
Whether you have a website or are still dreaming up ideas for a blog, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and businesses within the content of your website. If you mention a product or service, you link to that produce or service using a unique affiliate code you received when you signed up for that particular affiliate program. From there, you’ll make money any time someone buys a product or service through your link.
Generally speaking, you’ll want to partner with affiliates that are related to your blog concept. Since I’m a financial advisor, I have focused a lot of my affiliate energy on financial products like savings accounts, credit cards, and investment accounts.
4. Virtual Assistant
Writing and proofreading aren’t for everyone. Some people prefer more administrative or data-oriented tasks, which is exactly the role of a virtual assistant. Businesses use virtual assistants for things like booking travel, answering emails, social media management, email management, and more.
As a virtual assistant, you can choose which services to offer clients and at what rates. The more value you can provide, the more you can charge. The average North American virtual assistant earns $35 to $50 per hour. There has been a 95% increase in demand for VA’s in the last three years.
5. Online courses
If you have any skill you can teach others, it’s also possible to set up an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisers who want to take their businesses online— The Online Adviser Growth Formula.
Most people set up their online course through a platform like Teachable.com. With Teachable, you can upload your course materials and use the platform to manage customers and accept payments
6. Buy and sell domain names
A domain name is just a website address and there are lots of extensions (.com, .net, .co.uk etc). They cost as little as $0.99 to register with GoDaddy.com yet premium domain names can fetch $1,000s if not millions when sold on. In 2007 VacationRentals.com went for a cool $35m!
Now you’re probably not going to come across anything like that, but you can still turn a quick profit with a bit of searching. The trick is to find available domain names which have some commercial value, snap them up and then list them for sale on a site like Sedo.com.
7. Start a blog
Do you feel like you have a message to the world, but you don’t have a platform to deliver it? Maybe it’s time for you to start a blog. Starting a blog is an easy step for how to earn money online.
Dollar Sprout started out just as two college buddies who liked to talk about money. A couple years later, and now we have a growing team of entrepreneurial money-nerds on board to help spread our message. What started as an online side hustle has turned into a full-blown business!
Ways for starting a blog
- Find your niche
- Set up your blog
- Start writing content
- Build an audience
YouTube is another platform that has made it possible for people for how to earn money online. There are a ton of YouTube channels out there on any topic if you can think of, and most of the people with a big following are earning some money in exchange for their videos and time.
Marine officer turned men’s fashion expert, Antonio Centeno has built a million dollar business from his YouTube channel, Real Men Real Style. you can start making money via YouTube using the platform’s own ad network or by getting sponsored posts. If you like doing videos, starting a YouTube channel can a fun way to earn some cash on the side.
Another way for how to earn money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all the time.
The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isn’t the easiest way to make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering.
10. Freelance Work
Perhaps you enjoy writing, managing Facebook pages or doing a little bit of graphic design in your spare time. There are so many freelance jobs out there that require simple skills or just time that someone else might not have.
And the best thing about Freelance is that you can work for clients in the UK and around the world with just an internet connection from home, to your own hours whilst developing valuable skills. If you have writing skills and creative talent, it’s the best way on how to earn money online.
The Bottom line
There are a ridiculous number of ways to make money online and the ones I’ve covered here are just the tip of the iceberg. If you have time, a passion for almost anything, and at least some creative skill, you may be able to build an online income stream — or several — if you give it enough time. As long as you have an internet connection, you can legitimately learn how to earn money online from anywhere in the world.