So we’re all stuck at home these days, and probably getting bored. To help anybody out there who’s looking to make some extra income, I thought I’d share today how to make money online during this quarantine.
Before we begin, let me mention that these aren’t things that you’re going to walk into on day one and come out with an extra $500 in your pocket. These are all real hustles that require work. But if you are sitting at home bored out of your brain, there’s nothing better to do than start chipping away at an online income source, which could also bring you some passive income when all of this craziness in life is back to normal.
When it comes to making money online for real, there’s no get-rich-quick scheme. I have been making money online for the past 2-3 years, and I have never just made a pile of money overnight.
But I’m here to tell you that you CAN make some amount of money relatively quickly.
The first way and the most effective in my opinion is to start a drop shipping store. Now, I know you may have heard the drop shipping isn’t really possible right now. But while it’s definitely harder, there is no better time to learn the craft of drop shipping and have methods in place ready to execute when the shipping times are back to normal.
If you aren’t aware of drop shipping, you basically build an online store, run ads on your store to get customers, and when someone comes to your store and buys a product from you. you place an order for the exact same product directly from a manufacturer and they ship the product from their warehouse to the customer. This means you don’t have to touch the product or even see it. You will simply raise the price of the product on your website greater than what the manufacturer charges you, which is where your profit comes from.
To learn in more detail how to start and run a dropshipping business, click here.
Now, if drop shipping isn’t for you, this next method is my second favorite way of earning an income from home, and that is, freelance work. Freelancing is evolving into a full-fledged business model these days. The best way to create your own personal brand and represent it to potential clients to get their business is to have a graceful website for yourself to begin with.
There are several companies these days that offer web design and web development services for SMEs, startup firms and freelancers at very reasonable prices. One such company that’s my favorite is Yibbia. Their portfolio can be viewed at yibbia.site, and they can be contacted directly via Whatsapp on +60 11-3982 6378.
Okay, you don’t want to dropship, you don’t want to do freelance work, but you still want to make some money online. So the next best thing in my opinion is to start a blog or YouTube channel.
Now, I’m not just talking about a personality channel where you vlog and all of that. I’m actually also talking about a compilation type channel where you can legally reuse content in your videos and make money from YouTube ads. If you start an actual personality YouTube channel, chances are you have a hobby that you can talk about on and on without getting bored, and that topic can be the basis of your YouTube channel. Building an audience on a channel like that versus building an audience on a compilation type channel is much more valuable, because having a personal brand and having people who know who you are can be super beneficial in the long run.
YouTube can also pay pretty well if you start getting a decent amount of views on every video you upload, and the ad revenue that you can earn definitely translates to a nice add-on in your bank account.
You might need to take time to learn and master each of these means to make money online, but if you put in the work and put in the hours, these can make you an absolute killing. I also just wanted to say that make sure you are all staying safe during this global crisis, and use the time that you may have stuck at home to chip away at an online side hustle.