And while it will take time to build up a big-enough audience to attract advertisers and other ways to make extra income from your podcast, the opportunity is there—though it all starts with getting podcast hosting and launching your show. John Lee Dumas interviews entrepreneurs seven days a week for his podcast Entrepreneur on Fire and now makes more than $200,000 a month from it. In fact, John publishes all his income online and showed that he’s made almost $13 million since launching in 2012. Online Income
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for articles and content you write—plus guest blogging is also one of the best ways to build up the authority of your own blog over time. Think of the sites you read regularly. What can you contribute to them that would be interesting? Research your niche and then look for ways to pitch articles. Many sites will simply have a submission or contact link in the footer. To get started, check out my full guide to becoming a freelance writer on the side and then submit your articles to places like Listverse, A List Apart, International Living, FundsforWriters, and Textbroker. Internet Money
Bloggers/influencers:If there are impressive bloggers or social media influencers in your industry who engage with your ideal buyer persona on a regular basis, you might consider partnering with them. For instance, if you sell kitchen appliances, it might be good to reach out to bloggers or YouTube influencers who post recipes, and ask if they'd feature your product as a "recommended tool" in their next recipe post. Ideally, this would result in your target audience taking a look at your website, and if they like the products you offer, could provide additional revenue for the influencer.
What It Is: Students in countries including Japan, Korea, France and Germany are looking for English speakers to practice with. Sessions focus on things like making professional small talk or running a meeting (trainers are provided with specifics on how to teach each topic, and are also trained themselves for two days before starting the job). Lessons take place either over the phone or on a live Internet video service like Skype — sometimes at night, because you're working with students in different time zones. You need to commit to a minimum of 20 hours a week at consistent times, and can work as many as 35 hours. Work From Home
With drop shipping, you’re effectively partnering with a manufacturer or wholesaler to sell their products. This way, you don’t pay upfront costs to buy inventory, aren’t sitting on unsold items taking up expensive warehouse space, and don’t have to deal with shipping the products yourself. You simply create your site, fill it with drop shippable products, and drive in customers, with almost everything else done for you. Work From Home
Want to earn a great income no matter where you live—a house by the sea in Latin America, an historic European city or even on a Greek island? Copywriting could be ideal for you. According to International Living, “copywriting is a mega-industry, ripe with opportunity. And yearning for people who can fuel it with fresh marketing messages and one of the best benefits of the freelance copywriter’s lifestyle is that you can get paid in U.S. dollars…yet live virtually anywhere in the world.” Express Writers has tips on how to become a copywriter and is also a resource for jobs.
Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence. However, people can still do webinars without all of that. For example, you might have a sizable social media following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don't worry about it in the beginning. In my experience, the best webinar platform out there is GoToWebinar. Affiliate Marketing
Do you speak another language? Anywhere you find expat communities—and where English is not the first language—you’ll find a need for interpreting and translation services. You can also do translation and interpretation online. You’ll find a number of resources for being a translator or an interpreter here; one of the best is Welocalize, which ranked at the top of this list of the top 20 companies for remote jobs in 2020. Work From Home