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I can bet that everyone has the potential to Make extra Money online.
Ask yourself, why do you pay someone money?
The easy answer is when someone solves your problem. You pay for food when you are hungry. You pay for fabrics, health treatments, transportation and many other things. People take money from you to provide a product or service.
You can also make extra money online by providing a product or service. The Internet has more power than our physical word because you can reach millions of people through the Internet. It can be innovative and mix a product and service to make extra money.
You can not make money without solving a problem. And you need an ability to solve someone’s problem. Do not be disappointed if you can not discover your skills that can be sold on the Internet.
Everyone has skills but ignores their valuable skills most of the time.
Shivya is a girl who loves to travel. She left her job and sold her apartment for the love of traveling. She is financing all her trips through her blogging. He developed his online skills and moved away from his traditional work.
- When you are a teacher, you develop collateral skills in people management (students / parents / administration), evaluation, event organization, record keeping and more.
- When you are a developer / tester / designer, you develop additional excel skills, code management tools, error management, office policy and many more.
- When you work in marketing / sales, you develop communication skills, public relations, presentations, persuasive writing by email and many more.
Many times, your lateral skills become more valuable than your main domain ability. You can definitely start helping people in line with their central or lateral skills.
IMP: Remember when you helped someone last time and you made him happy?
If the answer is yes, then you have found an ability to help people. Can you repeat it by finding someone online and helping them?
There are many ways to earn money online, but I will share some that worked for me.
1. Become a Freelancer
It is not easy to become an independent professional who earns 100,000 rupees per month in independent work. But it is easy to find or develop a skill that can be sold on the Internet.
Start small and then grow consistently.
Read ESTO to learn how to create your profile as an independent professional and obtain your first paying customer.
The following are well-paid jobs for independent work
Independent writers (from 1,000 to 20,000 per article)
Independent developer ($ 10 to $ 100 per hour)
Independent designer ($ 10 to $ 1000 per design)
Independent SEO consultant ($ 10 to $ 100 per hour)
Independent digital marketer (10% of the digital marketing budget)
You should avoid poorly paid jobs such as data entry and filling out forms. Rather, spend time developing skills that can pay you a large sum of money in the long term.
2. Become a consultant
If you have knowledge of a particular domain and help someone grow your business, then you can become a consultant.
There is no limit on the amount of money a consultant can charge. In general, if someone feels that his business can generate an additional 10,00,000 rupees with his advice, then he can happily pay him 100,000 (10% of the long-term expected earnings). It means that you have to give at least 10x value to your clients with your consulting work.
People with the following domain knowledge can become high-value consultants
Health / education / e-commerce consultant (any high-value domain)
Do you have a deep experience in any domain where you can add value to someone’s business? You can become a consultant.
3. Become a teacher or coach
Becoming a consultant is one on one where you charge a large amount for your advice (once or regular).
Becoming a teacher or coach is one for many in which you earn less per person, but you earn a lot of money by helping a group of people at the same time. The hourly value of your work can be more than a consultant.
You can teach the following skills online
Music, Singing, Dance
Computer programming language
Support skills such as Excel, Word, Debugging code, Automation tests
Repair tools (computers, mobile phones or any machine)
The list will continue …
You do not need an expert to become an online teacher. You have to overcome your student and help him learn the skill. During the teaching process you will also master the skill.
4. Start a Blog
The problem with points 1, 2 and 3 is that you are exchanging your time for money.
If you get sick some day, you will not earn money as an independent professional, consultant or teacher.
That is the reason why most smart people have their blog or YouTube where they involve their audience. There are at least 100 ways to make money with a blog.
You do not have to worry about making money initially. You should worry about writing quality content and attracting a quality audience on your blog.
I started my blog in May 2015 but did not monetize until September 2016. I made 60,000 rupees in the first month and increased to Rs. 200,000 per month in the next 6 months.
I am not sharing to brag about my success, but I tell them that I am even surprised with the potential of the internet.
Get 100 ideas to start your online business (+ FREE PDF)
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5. Sell something online
If you think that selling your service or writing a blog is not a cup of tea, then you can sell something on the Internet.
You can sell anything in the markets like Amazon, Flipkart and Paytm. You can also open your own e-store in shopify.
After listing your product online, you can run some ads on Facebook to sell your products.
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