Making some extra side hustle cash doesn’t actually have to be that complicated. As someone who’s been immersed in the field of online income generation for nearly two decades now, I can tell you that it takes some work. However, there are several clear paths forward. At the end of the day, it all boils down to what your goals are and just how much you’re looking to automate your income.
There is tons of work from home jobs that already exist. And, in today’s world, there are more and more jobs online, and this trend is expected to continue well into the future.
Some work from home jobs involve you working for someone else, or you may be able to even start your own business.
And, yes, you may even be able to earn a full-time income from home.
To make choosing the best ways to make money online easier, we’ll look at several key factors:
- Business type: whether the idea is product based, service based or driven by an audience.
- Effort: how much time, skill, or experience you’ll need to put into the idea.
- Leverage: how well positioned you are to turn the idea into a money-making one that increases in value without needing your direct attention. A high-leverage idea isn’t a 1:1 trade of time for money.
- Startup costs: the upfront budget you’ll likely need to launch the idea.
What are the best ways to earn from home?
As you’ll learn below, there are many ways to make money from home.
Some that are listed below include:
Online Consulting, Selling E-books, and Courses
Consulting is not tough if you have the right skills and knowledge to bring a change. You can become a coach and online consultant to help other people improve their skills. For example, if you are a social media expert, you can start online consulting on the right tactics and strategies for business growth through social media. There is a huge demand for e-books and best-seller courses. You can either sell your e-books or write for others. Selling online courses in the form of video modules showing your expertise and skills is a great way to earn extra income. You can start this business at zero investment and make a profit of around Rs 10000 – 1 Lac, or more.
Start an Online Blog and Freelance Writing
Did you know blogging is now a full-time career for some people? The art of blogging helps you expand your creativity and earn money through multiple revenue streams. An SEO optimised blog reaches a wider audience and opens multiple income channels. Blogging opens several avenues or small business plans for a housewife through secondary services.
- Based on the online blog content, you can end up getting high paying freelance content writing gigs. Excellent and premium clients pay well for writing services.
- Work on the SEO and quality of the content to increase page views and traffic and get paid through ad revenues.
- Affiliate marketing is another way to earn through blogging by selling products or services through the blog and earning a commission. Amazon, for example, has the best affiliate marketing program.
- If your blog becomes popular over time, there is a high chance of earning through paid collaboration and guest posts.
Blogging requires a minimum investment of Rs 5000 to 6000 for maintaining the host and domain. A successful blogger earns up to Rs 5,00,000 or even more through various revenue streams.
Tutoring or online classes is a comfortable and convenient job for a housewife. This will not only help you break the monotony but put your academic skills to the correct use. Choose the subject you are good at and use your knowledge to teach students online. There are many online tutoring platforms to kickstart your remote teaching career. There are many online platforms where you can teach English to non-English speaking children with hourly pay as good as Rs. 1500-2500 per hour. It is a flexible, high-paying best business for everyone with no investment at all. The profit is variable up to Rs 1,00,000 per month.
Start a YouTube Channel
A successful and good YouTube Channel can transform a small business plan for everyone into a bigger, high paying opportunity. YouTube has helped many homemakers earn good money through videos on cooking, gardening, handmade craft, fashion, DIY, workout, beauty tutorials etc.. As the number of views increases on YouTube, the revenue through YouTube videos also increases. Use affiliate marketing and paid collaborations to increase the revenue stream from YouTube. It is a fun and creative way to start earning from home.
The initial investment on becoming a youtuber is zero, but the profits scale up to Rs 10,00,000 for a successful channel.
Freelance writing is one of the best paying online jobs for students who have a knack for writing and possess good grammar and research skills. You will only need a computer with the Internet.
As a student, you can find writing jobs on various writing jobs and freelancing sites here. Most writing jobs include writing articles, blog posts, and copies for web pages. You will be given a deadline to complete an article.
You can pick writing jobs directly from a live job board or have to bid on a job and hope that the job is awarded to you by the relevant client, depending on how the site works. Some sites may require you to take an English grammar and writing test and some may require you to submit a sample or samples of your work while others may require you to take a grammar test to evaluate your skills. If you pass any relevant test, the relevant site will let you take on writing jobs.
Typically, writing jobs pay per word, article or project basis, or based on an hourly rate.
Do Micro Jobs Online
One of the best ways for students to earn some extra cash is by doing small tasks or offering small services to businesses and people on a microgig site. There are many reputable microjob sites you can join to advertise your skills and services by posting any job that you can do or service you can sell for a fixed amount of money for each job done or service provided. You can use micro gig sites to offer different types of freelance services or to do different types of jobs via your computer. You can do micro gigs for various services such as:
- Writing for companies and people
- Editing articles, academic papers, etc
- Designing websites
- Designing logos
- Video editing
- Social media marketing
- Maintaining social media profiles
- SEO services
You can even offer to sing a happy birthday song, create funny videos of yourself, and do more off-the-wall tasks. Marketing your skills is critical to reach out to your potential clients. Landing the first job is important as one job will lead to another sooner or later. If a client likes your work and leaves good feedback, you can attract more clients. You can get more orders from existing clients if they were happy with your previous work.
Making money online is entirely practicable for students. You just need to make sure that whatever job you want to do, or service you want to offer, you are good at that. By earning money online doing an online job or more, students can pay down their student loans, pay bills, save for buying an expensive gift, and achieve any other financial goal.