In recent years, the landscape of online entrepreneurship has shifted dramatically. Back in 2012, you could make millions of dollars online from affiliate marketing or selling and displaying ads. Now, many successful online entrepreneurs are teaching us a new way of thinking.
“I never thought of my income as being limited to an amount of money that I made”,” wrote one successful entrepreneur on LinkedIn.” “My mindset has always been that if you put in the work, you will reap the benefits, and you can continue to grow your income as your expertise grows along with your audience.”
If you’re looking to strike it rich online, you’re in the right place. We’ve compiled a list of some of the most successful money-making ideas that you can begin to implement today.
1. Start A Blog
If you’ve always dreamed of being able to make money from home, the opportunity has now arrived. All you need to do to make money online is to launch a blog. There’s a whole industry of monetization techniques you can use to earn cash, and many entrepreneurs are already earning a full-time living from a single blog.
Blogs are relatively easy to set up, and you don’t necessarily need a lot of experience to be able to do so. Once you have your blog up and running, you can then integrate affiliate marketing, which we’ll discuss later, to start making money. To get started, check out Blogger’s Blueprint, an in-depth training program from Online World Wide Web that will help you get your blog off the ground and monetizing it successfully
2. Start An Affiliate Marketing Store
An affiliate marketing store (also known as a product review site or a eCommerce store) is where you’ll be able to sell someone else’s products (mostly digital items such as eBooks and digital tools) and earn a commission for sending customers there. Some of the most successful affiliate marketers are making a full-time living from their online store. You’ll need to have a pretty large following (maybe even a few thousand followers) on social media to begin with before you can start showing ads there.
You can use affiliate marketing to create a full-fledged income stream online, even if you don’t yet have a blog. The great thing about this niche is that you don’t necessarily need a lot of experience to be able to make money online. Just pick a product you’re passionate about and know a lot about, and you’re good to go.
3. Start A YouTube Channel
YouTube creators can make a lot of money, and it doesn’t necessarily involve getting millions of views on your videos (though that obviously helps). Instead, you can use the platform to create how-to-play videos or explainer videos, showing viewers the steps necessary to recreate an experience or show them something new about the product or service you’re promoting.
You can use third-party platforms like Revolut to easily generate revenue from YouTube without needing to set up any kind of account or deal with ads on your own. Simply install the app, follow the steps, and you’re good to go. Revolut even provides you with a free cryptocurrency wallet to store your earnings in.
4. Start A Podcast
Another fantastic way to monetize content is to create a podcast. Podcasts can be educational or entertaining, and you can use them to promote almost anything you want (including affiliate products). Just remember: like blogs, podcasts need a good amount of content to make money from. You’ll either need to write a lot or get sponsorships to make this work.
There’s a wealth of information on the internet that you can contribute to as a podcast guest. There are quite a few topics that you can cover, including money management, blogging, and entrepreneurship. You’ll especially enjoy interviewing successful business owners and bloggers who can offer advice and guidance to other aspiring digital nomads.
Podcasts are easier to make than blogs and can be more engaging to listen to. Plus, you don’t necessarily need to have a large audience to make money from a podcast. You can simply search for affiliate products that you’ll be able to promote and earn a commission for each sale you make.
5. Start A Business Blog
Starting a business blog isn’t as easy as it sounds. In fact, in some cases, it can be downright difficult. However, if you’re looking to create a passive income stream, this is a fantastic way to go about it. Just remember: creating a blog takes a lot of work, and it’ll be difficult to monetize without having a following already.
You can use your blog to build a following, gain credibility, and eventually make money online. Some of the most successful bloggers make a living from their blog. They typically write and work on their blogs full-time while also having a social media presence to keep in touch with their audience.
Blogs aren’t just limited to making money. You can use them to establish yourself as an authoritative voice in your niche, build a following, and ultimately gain some credibility that can help land you more consulting gigs, speaking opportunities, and even potential full-time job opportunities.
6. Start A Travel Blog
If you love to travel, why not make it your full-time job? You can create a travel blog that will document your adventures as a travel agent. On your blog, you’ll be able to post about destinations, attractions, and even travel agents that you’ve worked with. With the right amount of content and some affiliate product sales, you can easily build a sustainable income stream from this niche. Just remember: as with other online money-making ideas, if you want to succeed, you’ll need to establish yourself as an expert in your industry. To do this, you’ll need to complete a lot of in-depth courses on Travel Management, Customer Service, and Business Management.
7. Start An Online Store
You can also use your blog to build an online store. An e-commerce store is where you’ll be able to sell physical products (like clothing and accessories) online. You won’t necessarily need a blog to set up an online store, but it certainly helps. The great thing about this option is that, unlike most other ways to make money online, you’ll be able to provide a high-quality experience to your customers. The downside is that you’ll need to have a store front, which can be a bit expensive. Plus, you’ll need to have a lot of inventory to make this work.
The e-commerce explosion hasn’t just happened in 2018. Back in 2011, Shopify launched what they called “eCommerce stores” — essentially, online stores that were powered by Shopify. Since then, eCommerce stores have become incredibly popular, and many successful entrepreneurs have now turned their attention to this lucrative niche. If you’re looking to make money online, eCommerce stores are a great place to start.
8. Start A Charity Or Non-Profit Blog
One of the most successful bloggers we know of started a charity blog to raise funds for children’s charities. She noticed that kids’ clothing brands and accessories were often on sale for amazing discounts, and she wanted to help families in need by raising money for kids’ clothing charities. To do this, she started a fashion blog that would highlight amazing deals on fashionable goods that could be donated to charity.
You can use your blog to raise money for charity or non-profit groups that you believe in. You could do this through affiliate marketing, where you’ll be earning a commission for each product you promote, or through a tip-jar, where you’ll be receiving donations from readers in the form of cash or cryptocurrency.
9. Start A Gambling Blog
You know what they say: if you can write, you can probably make money online. With that in mind, why not try your hand at gambling journalism? You can create a betting blog where you’ll be reviewing odds, helping readers choose the right betting line, and even building a community around your content. You may need to do some research to really understand the ins and outs of gambling, but it’s a fantastic way to make money online. Just remember: to be able to do this, you’ll need to have a large audience on social media. To start, try putting out content on a regular basis and then gradually add more lucrative offers (like daily betting offers) as you build a brand.