In the last twenty years, a lot of people have tried making money online: be it through legitimate means like selling courses, writing blog posts, creating entertainment content or through illegitimate means by essentially scamming unsuspecting and tech-illiterate people. But the fact of the internet is constantly changing, and the methods that people normally used to make money just a few years ago are outdated today. Today, it is both easier and harder to make money online: it all depends on how thorough, data-driven, and persistent you are to get something up and working.
Becoming an Influencer
Becoming an influencer or an entertainer is becoming one of the primary reasons a person can make money online: as we are living in societies that are getting more specialized and our material needs are being easily met, entertainment and social interactions are taking a more pivotal role in our lives. And while traditional TV and film did a decent job of entertaining us, they can never compete with the personal nature and the interactivity of an influencer or an online entertainer. If you think you’ll enjoy being the center of attention and can entertain people and grow a fanbase, this is an excellent way of making money: you just need to keep some things in mind before starting:
- It isn’t easy in the beginning: one of the main reasons many influencers fail is the fact that most people start giving up rather quickly when they don’t get attention at the beginning. That’s why you’ll find a lot of YouTube channels and Instagram accounts that have only one or two posts and is otherwise empty. That’s why persistent is a necessary quality if you want to be successful on the internet.
- You need to try very hard to generate revenue: making money online isn’t as easy you might imagine, especially early on as you’re a small influencer without a substantial following. It is important to learn how to generate revenue from your limited influence. Google ads on Youtube or Facebook ads on Instagram are a start, but they aren’t enough. Reaching out to companies and offering to advertise for them is a good second step. You’ll initially have to outreach to a lot of companies before you land a deal, but as you grow bigger, the process gets much easier. Even, you can use platforms like Fourthwall to create your very own e-commerce merch store and try to sell unique merch related to your content. You need to look at this as a business venture and constantly look for new ways to generate revenues.
Becoming a Mentor
Again, as a change in the international economy, the job market is becoming more training and knowledge heavy. If a person wants to be successful in today’s job market, he needs to be a lot more knowledgeable and experienced. That’s why mentorships have become a lucrative job online.
If you have some special skill or decent training and you’re good at explaining complicated topics simply, you can make a pretty decent income online becoming a mentor to a few people. There are also a few online platforms that help students and teachers connect, so by looking into those, you’ll be able to get started relatively quickly.
Selling and Reselling Homemade Items/Products
Handmade and bespoke products are at a huge premium in today’s marketplace. If you’re capable of fulfilling custom orders be it for hand-drawn portraits, handmade wooden figures, home-sewed clothes, or anything else, this is an excellent way to make money. This opportunity is especially exciting for a lot of women who already have one of those skills and want to make some extra money on the side. Listing the items on Etsy or eBay costs nothing, and you won’t need to painstakingly look for clients. So, it is a relatively small time-commitment for potentially large payouts.