6 Online Businesses That Made Made Me Over $100,000

Countless articles let you know how you can become profitable online and let’s be honest, they’re just promoting affiliate offers. That’s why I, the founding father of this website, am sharing the actual online businesses I’ve used to generate over $100,000.

Note: this guide isn’t about getting wealthy overnight, so for those who got here here hoping to seek out such info, I’d say you’d have higher luck spotting a unicorn

1. Selling gigs on Fiverr

If you’ve got a skill, you’ll be able to become profitable with none investment on Fiverr. Graphic design, copywriting, social media marketing, search engine optimization, translation, voice-over, animation, and even pranks to play on people – you’ll be able to register yourself as a freelancer for just about anything.

The query is: are you able to put yourself on the market and compete with lots of and hundreds of other freelancers?

I made a gig on the platform to see if it’s possible to become profitable quick and guess what, I had $200 on my account by the tip of the week.

My personal experience in earning profits on Fiverr proved two things:

1) getting yourself noticed isn’t as tough as some people say;

2) it is feasible to make a full-time income.

The best way to start?

First, think in regards to the skills you possess that may be effectively monetized
Visit Fiverr and complete the registration process
Confirm your account by clicking on the unique link sent to your email
Login to your latest account and head over to the ‘Selling’ tab after which click on Gigs. Click on ‘Create a Recent Gig’ to start with creating your very first Fiverr Gig

Congratulations! You’re now officially a seller on one in every of the world’s hottest freelancing platforms. Now, you only wait for the cash to fall onto your lap. NOT! I hate to interrupt it to you, but registering yourself on Fiverr shouldn’t be even half the battle. Heck, the battle hasn’t even began yet!

Now you’ve got to market your gigs in places of interest and be willing to eat dirt (not literally) to get the primary few orders. Do that well, and also you’ll probably have an honest variety of 5/5 rankings and positive reviews to boast about. But, how do you promote your gigs?

Well, you’ll be able to try by joining a few Buy/Sell Facebook groups, cheekily ask a friend to position the primary order, or reach out to businesses that you’re thinking that can use your help. The thought is to get the ball rolling in order that Fiverr starts sending more traffic to your gig.

Don’t worry; you aren’t doomed to earn $5 per sale for the remainder of your life. You possibly can increase the value as you gain experience within the industry and more positive reviews. Competition is fierce, so be vigilant and polite in any respect times and also you’ll become profitable easily.

Btw, Fiverr is a wonderful method to become profitable in college.

2. Lending money on Reddit

I do know, I do know, it’s best to never invest money that they’ll’t afford to lose, but I bring this proposal only to those that have a high-risk tolerance.

In other words, people like me.

Visit r/borrow and also you’ll see at the very least a pair dozen people in search of short-term loans and are willing to pay back with interest.

After all, there are also people lending them money and making an honest income on the side. Hey, you’re lending money to people on the Web, what could possibly go unsuitable?

I understand your skepticism, but really, this generally is a lucrative method to make some passive income if (and that’s a giant IF) you’re careful.

I’m not going to lie; it is a high-risk enterprise. Even for those who don’t find yourself losing money (courtesy PayPal), recovering the principal amount may prove to be a mentally exhausting and time-consuming task. So, think twice before engaging within the thread.

A pattern you’ll recognize is that each one those that are asking to borrow money is to cover an unexpected expense. It’s okay, plenty of people don’t need to borrow from their family and friends. What you do should look out for are those that want ridiculously low amounts akin to 10 or $ 15.

Lots of the low-sum borrowers are only seeking to construct a positive fame only in order that they’ll scam another person for a more substantial amount in a while.

Here, you’ll be able to read more about my Reddit money lending experience with a Canadian woman and the way I almost got scammed.

You possibly can never be too careful when coping with matters involving money. So, keep these points in mind for those who resolve to attempt to make more money by lending money on Reddit:

Never lend money to anyone without knowing their borrowing history
Do an intensive background check by observing the potential borrower’s personal Reddit page, karma, previous comments, and borrowing history
At all times use PayPal as they provide a 6 month protection period
Am I being an excessive amount of of a skeptic here? If I’m, it’s for reason.

3. Selling videos to media

Ever manage to film a video you’re thinking that has the potential to go viral? Selling videos is one other one in every of my favorite methods to earn some easy money online. And you’ll be able to become profitable working from home, without being an expert vlogger, videographer, or whatever.

All you would like is a video that’s unique and a little bit little bit of luck. Okay, I might need made it sound too easy, but hear me out for a second.

What you see below is a screenshot of my earnings from just two videos on a platform called Rumble, which I imagine is terrific for getting featured.

The opposite two sites I like to recommend you try are Newsflare and Jukin Media. But before that, let me provide you with a transient rundown on how things work.

Once you submit videos to sites like Newsflare, Jukin Media, and Rumble, it get a possibility to be viewed by big press agencies akin to The Telegraph, Yahoo, AOL, etc. Press agencies you would not have made contact with otherwise. And in case your video gets picked up, you earn 50% of the whole revenue generated.

How do you’re thinking that non-traditional online news communities like Lad Bible, UNILAD, Viral Thread, etc. post dozens of original videos each day? Now, coming to the primary query, “How do I improve the probabilities of my video being picked up?”

Well, for those who occur to be someone who’s all the time recording stuff, I’d say eventually you’ll capture a video that the world would really like to see. Here, you’ll be able to read more on how you can sell videos to media.

4. Earn money on YouTube

YouTube is a profitable method to become profitable online for a lot of. Nonetheless, before you’ll be able to add advertisements to your channel, that you must have a minimum following and amount of video views. While these numbers could seem out of reach for some, it is completely possible.

My friend, Luka, made a killing by growing his channel to 100,000 subs in a yr through sheer talent, exertions, and perseverance. Read all about his success story and how you can grow big on YouTube.

If you happen to follow the recommendation Luka has on his guide, I’m sure you’ll also make good progress on the journey to becoming a YouTube star. And practice Gary Vee’s philosophy of “Micro speed, macro patience,” meaning take massive, imperfect motion day-after-day, but be patient enough to see through every little thing in the long term.

There are also other ways to become profitable on Youtube without qualifying advertisements. I hired a man from Upwork to make a video on “The best way to Make a WordPress Website,” and I placed an affiliate link to Hostgator hosting in the outline.

You most likely know this. Every time someone uses the link to register, I get a commission.

5. Selling on Amazon

What began as selling custom candy packages in school led me to sell DVDs on eBay, and eventually running my very own successful Amazon FBA business. FBA or Success by Amazon is a business model where you get the chance to partner up and use the resources of the world’s biggest e-commerce site to sell your merchandise.

As a third-party seller, I got access to Amazon’s acclaimed customer services and shipping options which might be trusted worldwide. What did I even have to do? Just find some products which have the potential to be bestsellers. Here’s how the method goes:

You send your merchandise to an Amazon success center or have it picked up
Amazon stores your products, be it a single unit or a big inventory
Amazon receives an order, packs, and ships your product from the storage to the client
You become profitable and gain loyal customers as a result of Amazon’s shipping and customer support

Sounds easy enough? Well, the tough part is finding the products which might be in demand. I did job at it, and 16/17 products turned out to be star products. Due to Amazon FBA, I still make a handsome sum of money day by day.

Here you’ll be able to read all about my entrepreneurial flipping ventures – from childhood flipping candy to running the Amazon FBA store.

6. Start a blog

Have you ever ever wondered how people become profitable blogging?

While blogging is merely a hobby for some, many have monetized their passion and use it to make part-time and even full-time income. Blogging is a legitimate work at home job and while it may well take a while to grow an audience and income, earning profits online with a blog is more common than you’re thinking that.

This blog currently makes around $5,000 per thirty days but I even have three more sites. The smallest one makes roughly $500 per thirty days to date, which isn’t exactly loads, but still quite useful as passive income.

I’ve made many mistakes and learned from them. You’ll too! But here’s some advice from me that may probably prevent a whole lot of time and frustration:

Take the day out to do proper research and narrow down on a distinct segment that you recognize much about.
It’s crucial that you just write on subjects you enjoy; otherwise, the interest will fade even before you see the primary dollar coming in.
Post regularly in order that your blog stays lively, but don’t write for the sake of writing. Bring value and other people will love you.
Drive traffic to the blog by being lively on Facebook groups and other forums akin to Quora, Reddit, etc.
And lastly, don’t forget search engine optimization. Rating top on Google is what’s going to herald the passive income.

Interested?

You possibly can start a blog in lower than an hour. How much does it cost? Only $2.75 per thirty days.

Final Thoughts

I like hustling, and it’s just about the one lifestyle I’ve led to date. Making a living on the side has given me a level of financial freedom that I dare say wouldn’t have been possible with a salaried income.

But earning profits online is simply half the battle; the remainder is about saving and investing your earnings in order that it yields good returns.

I sacrificed a whole lot of things to get where I’m today. I sacrificed my day out with friends to construct a house with none loan and spent many nights awake attempting to put together the pieces of the entire ‘be your personal boss’ puzzle. It gets hard sometimes, but I even have zero regrets.

Anyway, enough about me; just thought I’d provide you with a practical account of what it means to be me. How are you planning to start? Did you learn anything latest by reading this blog? Let me know within the comments section below.