Last updated on October 8, 2021
Don’t Waste Your Time on Scams; Focus on Any of these Best Ways to Make Money Online Instead!
Believe me, you’ve got what it takes, so don’t stop or shoot yourself in the foot with a limiting belief that you can’t make some cool cash on the internet all by yourself. Some folks have made millions of dollars by getting really good at some of the ideas presented in this post. If you find that hard to believe, a quick Google search of names like Neil Patel, Mike Filsaime of GrooveFunnels, Tai Lopez, or even John Crestani will convince you that people are making tons of money online (up to seven figures).
I should warn you though, nothing worthwhile comes easy, but with a lot of hard work and dedication, anyone can be a self-made online millionaire. Just ask Pew Die Pie, he’d tell you it’s true!
Okay, maybe you’ve tried before but failed for so long that you don’t even want to believe it works, you just have a little faith; you can make money online too. So, since we’ve removed that doubt that you may have before opening this article, it’s just fair to show you how to back your newly found faith with actions that can earn you some money online starting from now on.
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I’m going to reveal (in this post) some mind-blowing and priceless pieces of information that will guide you and destroy every feeling of uncertainty about making money online that you may have before this time. Be assured you’ll learn the most creative ways to make money online that still work today!
Like I like to recommend, why don’t you grab something to refresh yourself as you read this value-packed and informative piece that you are going to be glad you read?
Alright, you’ve done that?
Cool! Now, let’s begin.
How can you make money online right now? (yeah, I know what you are thinking)
Short answer: there are many ways through which you can make money online even immediately; it depends on what you prefer to do and how you want to do it.
I suppose that isn’t very helpful. That’s why we need a long detailed answer that is helpful but will require more of your time to read and digest. So, since we are doing this, let’s start the business of the day early.
There are many ways through which you make money online and that is what we will discuss in the next paragraphs, but first, you need to get paid if you’ll be making money online.
About getting paid, most payments will be to digital wallets like PayPal, some to crypto wallets like Trust and Exodus wallets; some will be in the form of gift cards, while some will be ACH and wire transfers to your bank accounts, which you can easily set up with Payoneer ($25 sign up bonus included) if you can’t make use of your country’s banks. Payoneer will get you international bank accounts in countries like the US, Japan, Germany, United Kingdom, etc., that you can use to receive payments over the internet from companies that will pay you.
Okay, now that you understand how you will get paid, let’s show you the things you can do to make the money. Yippee! Listed below are some of the best ways to make money online in no particular order (number one doesn’t necessarily mean top-most).
Best Ways to Make Money Online 1: Start a Credit Repair Business
Did you know that some people need credit repair experts to help them fix things about their credit score to have a better credit score? If you are a creative person, you probably already have enough ingenuity to help this set of people out. It takes some creative thinking and expertise to be a credit repair specialist or expert. As a credit repair expert, your job is to communicate with credit bureaus on behalf of your clients to make sure they have the best credit score they could get.
For the sake of those who have no idea what a credit repair expert is, they are professionals that consumers often contact when they need their credit score improved. The usual reasons for this are to secure new credit or getting a loan (a vehicle loan, home mortgage, or even a personal loan), a fantastic interest rate; a competitive insurance premium, or even seek employment. As a credit repair company, you can charge a customer anywhere between $50 and $100 for a monthly subscription to your services, and in turn, you do your best to make sure their credit report is in the best condition it can be.
So, how do you become a credit repair hero? Start by taking this free training right here! It is a comprehensive, simple guide to starting a credit repair business.
Best Ways to Make Money Online 2: Become a POD Designer
Okay, maybe that sounds unfamiliar to you. What in the world could POD mean? It’s not a pod; it means to print on demand. Now that you know what that means, I think the next thing you’d like to know is how that can make you money and how you can get started. Print on demand is one of the best ways to make money online.
Getting started isn’t something hard, in fact, it’s pretty straightforward. I think print on demand is one thing you can do if you’ve been thinking about how to make money online for free. Yes, it’s a good way for beginners to make money online because it doesn’t have to cost you any money if you know how to go about it. You can easily set up your print-on-demand store making use of GrooveKart from GrooveFunnels which is available for free as I write this.
These are the things you need to do to get started with print on demand:
Decide which niche of print on demand you want to be in.
You can print many things on-demand like artwork, T-shirts, kitchenware, home decorations, fabrics, etc. You can decide to only design in one or all these niches, nothing is stopping you.
You might object: “excuse me, Ralph, but I have no design skills that I can make use of to pull that off.”
Well, I promise you that will not be a deal-breaker, my friend. You can make use of simple software like Canva or Stencil. These cloud-based software applications are so easy to use that almost everyone that can read and write can make use of them without being technically knowledgeable about graphic design.
There are other smartphone apps like Desygner, AddText, Phonto, Texty, and PixelLab that you can make use of to create your designs. My favorite is PixelLab though, because the exported graphics are often very crisp and never pixelated, depending on the parameters you choose while exporting. That being said, any of the other apps might work even better for you.
One thing I recommend is to design print-on-demand T-shirts and mugs because those don’t require you to draw up artworks, you can just make use of text-based designs instead. You can come up with insightful quotes, one-liners, witty memes, etc. You can search for memes and likes on your favorite social media network to get some inspiration.
Where to sell your designs
So, after you’ve decided on what you want to focus on as a POD designer, the next thing to consider is where to sell your designs. I am going to list some websites below where you can sell your designs by printing them on demand.
My top recommendations are Tee Public, Amazon, CafePress, and Spreadshirt, but every other site on the list can serve your needs to legitimately make money online by selling print-on-demand products. You can also make use of this freemium tool to manage your tax returns effortlessly.
I hope this can get you started with POD, as POD is worth writing an entire post on, and I’ll write an in-depth post on that pretty soon. You can start making money online right now with POD though.
Best Ways to Make Money Online 3: Start a Drop-shipping Store
Drop-shipping is also one of the best ways to make money online, and it’s quite easy to set up with the right toolset and platform. It is an e-commerce model of business where you don’t own any physical inventory, you only set up an online store, add products, then only order products from your supplier (the drop shipper) when someone buys from you.
So, instead of entering your shipping details while checking out, you enter the details of your buyer instead, and the original seller will ship the product to him or her.
How do you make a profit from this? You buy at a lower price and sell at a higher price.
These are the things you need to do if you’d like to start a drop-shipping store: Pick a Niche
This is the product you want to sell. What demographics or industry do you want to serve? Do you want to sell fashion items, beauty products; dog food, supplements; spare parts, toys; gadgets, etc.? That’s where you decide that.
a) Buy a Domain Name
A domain name is something like example.com that your customers will input into their web browsers to find your website. Come up with something related to what you are selling, it can be witty, stylish, youthful, or even futuristic. Whatever you opt for, just make sure it is memorable, short, and sweet. Two registrars that I mostly make use of are Namesilo and Namecheap.
b) Set up Your Website
I would set the next thing on your to-do list to be setting up your website. You can go about this in different ways, but what I’d recommend is to set up a shop on any of the following platforms:
- Groove Kart (recommended and free as at the time of writing this)
- AmeriCommerce (a recommended and premium e-commerce store builder)
- Shopify (you’ve probably heard of this)
- Wix (a beautiful and simple site builder)
- Thirty Bees (a recommended open-source fork of PrestaShop)
c) Add Products to Your Shop
After setting up your shop, the next thing is to add products to your store. Where do you find products? For starters, I recommend the following places:
- Oberlo + Shopify
d) Set Up a Payment System
You need to set up a payment gateway on your website, so customers can pay you for their purchases. These are some payment service providers that you can look into.
- Paystack (Africa)
- Flutterwave (Africa)
e) Market Your Store
After setting up every other thing above, you need to market your shop, so people can know about it. How do you go about marketing? I recommend the following depending on who your ideal customers are.
Set Up a Google Business Listing
It’s a common routine for many shoppers to make use of search engines like Google to make queries about their shopping needs, so having your business listed on Google is the way to go if you want to boost your visibility on Google.
Set up a Pinterest Business Account
Pinterest is one image-sharing site that people rarely realize how useful it can be for their marketing campaigns. What’s more? You can even add a widget to your website, so visitors can pin product images they find on your store to their Pinterest boards, which gives you more impressions. You can also run ads on Pinterest if you want to get your products in front of more people.
Set up an Instagram Business Account
Showcasing your business on Instagram is vital to your social media marketing success, and the influence of this social media site cannot be over-emphasized. If you want to maximize your brand’s visibility, you need to have a powerful presence on Instagram.
Start a Facebook Page
Since Instagram and Facebook are owned by the same company, setting up a Facebook Page makes managing your campaigns across these networks easier and synchronized. You can automatically share content you post on your Instagram account to your Facebook page too, which translates into more impressions and visibility for your brand. Not only that, Facebook itself is the largest social media platform in the world, so you definitely want to be on Facebook to explore and benefit from all it has to offer.
If you’ve ever searched for anything on this search engine before, you would know that it always displays some results at the top of the SERP (search engine results page), this spot can be yours too if you can afford to pay for it.
Solo ads are advertisement slots that you can buy from other internet marketers who can send traffic to whatever you request them to. These folks often have a huge following on social media, mailing lists with lots of subscribers, blogs, etc. They can send you relevant traffic if you buy from them. You can find them here if that’s something you’d like to explore.
One thing I recommend is to make use of social media management tools to manage your social media accounts since that can quickly spiral out of control if you want to post manually every single time.
You can reach out to influencers with great engagement rates and followings on social media. They can help you promote your products to their audience and drive traffic and sales to your website. If you don’t know how to go about that, you can make use of this to find quality influencers, or you can try to make use of a tool like Hype Auditor.
Here are some great social media automation tools:
Best Ways to Make Money Online 4: Become an Affiliate Marketer
I’m sure you’ve heard about or seen this several times, but the truth remains that affiliate marketing is one of the easier ways to get into the business of making money online. Why is this so? This is because you don’t have to create any product or own any, and there is no limit to how much you can make doing affiliate marketing.
You can do affiliate marketing even if you don’t have a website or a digital asset of your own. I’m going to show you how you can get started with affiliate marketing for free, and the tools you can make use of that help you get significant results. It’s not as if you need any tools, you are all you need to get started, but these tools will just make your life easier.
So, how do you become an affiliate marketer?
a) Identify a Niche
First, you need to identify a niche you want to be in, and then find products you want to promote in that niche. It’s better to choose a niche you are knowledgeable about because it makes your job as a marketer easier, you can still try any niche that interests you though. When you understand a product well, marketing won’t be so difficult.
Here are some niches that you can consider:
- Health and Beauty
- Consumer Electronics
- Home Decoration
… and the list goes on.
After figuring out the niche you want to be in, the next thing you are going to find offers to promote. This isn’t hard, because that is why affiliate networks exist. Listed below are some affiliate networks that can help you get started.
- Impact (any niche you could imagine)
- JVZoo (mostly software, courses, and finance)
- Warrior Plus (software. ebooks, finance)
- More niche (health and beauty)
- Teachable (online courses)
- MunchEye (find affiliate products about to launch)
- Shopify (e-commerce)
- Wix Affiliates (site builder)
- Digistore24 (software and courses)
- Lemonads (mostly Nutra and adult offers)
- Offervault (different niches)
b) Choose the Offers You’d Like to Promote
After you’ve registered with an affiliate marketplace (network), the next thing is to choose the right offers for you. This is what I recommend you do: find offers that have sold a lot of units but with a low refund rate. That means you’ll be looking for products that are selling like crazy, with only a few buyers ever returning or asking for a refund.
So, now that you’ve chosen the products to promote, what’s next?
Find Where Your Potential Buyers Hangout and Promote It There
Understand the demographics of your buyers and where they hang out on the internet assuming you don’t have a website. Are you promoting a course that targets professionals? LinkedIn might be a good place to post about it, but be careful of a hard sell. If you’re promoting an organic hair care product or the likes, Pinterest, Facebook groups, and Instagram might be good places to promote it.
Another good way to promote an affiliate product without a website of your own is to make use of classifieds. You can then direct traffic from your classifieds to the affiliate product website. I think that’s about as easy as it gets. The sales copies you write for the products you’re promoting have to be convincing enough. If you know nothing about copywriting, you can find professional copywriters here. Please refer to this post to see some classifieds websites I listed towards the end of the post.
Here are some tools you’ll find useful for your affiliate marketing needs:
Social media automation software
We talked about this previously, so you can refer to the paragraph above where I discussed them.
Mailing List Software for Subscribers and Mail Management
Owning your mailing list cannot be over-emphasized. That could prove to be the most important asset you will ever own in the digital space. Your mailing list will always be yours no matter what happens, just make sure to always back up your email subscribers’ contacts to a CSV file. Here are some good mailing list providers below:
When writing your copies, you want to make sure that the content you have written is at least understandable, and not riddled with mistakes that make it difficult to comprehend. I recommend two of these: Pro Writing Aid and Grammarly.
Graphic Design Software
You might need to design visually appealing banners to promote your affiliate offers sometimes, for this I recommend any of these:
You can also try learning software applications like CorelDraw and Photoshop.
Landing Page Builders:
You should make use of these between your traffic source and your offers, most especially to grab the contacts of your potential buyers to optimize conversions in your sales funnels. Here are some landing page builders you should consider:
- Groove Funnels (a complete funnels builder)
Some mailing list providers I listed above also offer landing pages, so you have enough options to choose from.
Insights and Analytics
For every campaign, you run, and social media accounts you use, you need to take data and analytics seriously. This is the surest way to know what is working and what is not. By doing so, you can intensify efforts that are yielding results, rinse and repeat, and let go of what isn’t working.
Best Ways to Make Money Online 5: Create an Online Course
Are you an expert on any subject? It could be animation, compositing; copywriting, digital marketing; lead generation, blogging, calculus, engineering, modeling, programming, stock investing; forex trading, crypto investing, etc. It can be anything. What matters is that you understand what it is you want to teach, and people are willing to pay to learn your content. In whatever industry you are in, there will always be something that people are struggling with that needs to be simplified or better taught. All you have to do is bridge this gap by addressing that problem, and they will pay you for it.
I may not tell you what to create as an online course because I don’t know every industry in and out, but one good way to start is to think about the difficulties you faced before becoming the expert that you are right now; put yourself in the shoes of a beginner that you once were and help him solve the problems that you once faced too.
How do you create an online course?
First, identify the problem you are trying to solve, and then draft your unique solutions to solving that problem. After you’ve drafted that, the next thing to do is plan and outline how you are going to organize your content. What are the topics you are going to be teaching? How will you organize these topics? What sort of media aid are you going to use in your instructions? There are whiteboard animations, motion graphics, infographics, etc.
You will most likely need help to get some things done while putting your course together; you can get help by hiring freelancers on platforms like Fiverr and People per Hour. From graphic designers to video editors and voice talents, they are all there.
Where do you create and host your course?
This is one question that most people new to this face. No one platform is the absolute best; it all depends on what you need. For starters, I would recommend platforms like Teachable, CoachZippy, Groove Sell, or Thinkific.
Please refer to this article for more information on how to put your course together.
Now, how do you promote your course?
There are several ways to go about promoting your online course, but I’ll only briefly talk about the ones that usually yield the best results.
Consider doing these:
- Contact Influencers in your industry to help you push your product to their followers. You can make use of a tool like Social Animal, Public Fast, or Hype Auditor to find relevant influencers with good engagement and authentic followers.
- Get your product on an affiliate network like JVZoo, DigiStore24, etc. You can research more on that to find other great affiliate networks.
- List your product on launching products showcase websites like MunchEye.
- Run viral contests and giveaways with tools like Vyper and Gleam.
- Grow your mailing list with lead magnets and market your course to them after launching.
- Host a webinar with a tool like WebinarJam and introduce participants to your course during the webinar. The webinar will be like a teaser to get people to buy your course.
Do all these things and you are on your way to making your first course launch a successful one.
Best Ways to Make Money Online 6: Trade Financial Instruments
There are different markets for trading financial instruments, and therefore different instruments that you can trade too. Out of all these instruments, the most commonly traded are stocks, options, currencies, and futures.
How do you trade?
The first step is to decide which instrument you’d like to trade and decide which broker you want to trade with. Once you’ve figured these out, you need to understand the trading software available out there; the most commonly used are Metatrader 4 and 5 software packages. The forex market is the biggest and most liquid, so consider trading forex, but choose whatever works best for you. You should know that trading financial instruments requires serious learning, discipline, analytical skills, and always carries an inherent risk of loss of funds.
The fundamental principle in trading is to risk no amount of money that you are not prepared to lose. This requires knowing your limits and not exceeding that. That is one thing you can do once you’ve mastered risk management. Trading is not something you pick up in a day and have it all figured out because even expert traders are still learning; honing their skills and strategies.
After figuring out the basics of trading (irrespective of the instrument), the next thing is finding a reputable broker to trade OlympTrade is one broker that I find to be reliable because I make use of them primarily. TigerWit also has some expert traders that you can copy if you are a newbie if that is something you prefer.
There are many tutorials available on YouTube that can help you get started with trading; you’d do well to take your time and learn as much as possible. Brokers like OlympTrade also offer you demo accounts, which you can practice on with virtual money for learning.
Also, to make your trading journey easier, some platforms and apps provide trading signals based on fundamental and technical analyses of markets and trends. I list some of them below, and I use some of them myself.
- Free FX Signals
You can use the above apps to get an idea of what the technical and fundamental analysis is predicting; do your analysis and then open your trades.
Please remember that trading always carries the risk of losing funds, so be careful not to go overboard with it.
Best Ways to Make Money Online 7: Create a Smartphone App
If you own a smartphone, I’m sure you know that there are probably thousands of apps available on different app stores. While some of these app owners may create some of these apps out of the goodness of their hearts and help the world get rid of some problems, developers created the vast majority of the apps to put money in the pockets of the owners. You can do the same too!
You can create a smartphone app on just about anything that you think can help people solve a particular problem. You can make your app to educate people on a particular subject. You can compile pieces of information that provide value to readers and then monetize the app with ads.
Now, to the part I’m sure you’ve been waiting for: how do you create an app when you have no coding or development skills? There are two ways to go about that: either hire someone to do that for you or make use of DIY app builders like Andromo, AppyPie, or AppGeyser. You can also sign up for Groove Funnels, which gives you access to a lot of different apps, including a mobile app builder. The basic version of Groove Funnels is free! Don’t wait until it is no longer free before grabbing your copy, it’s a pretty solid system that I recommend.
After creating your app, the next thing is to get your app on app stores like Playstore, and other popular app stores where users can easily discover your app. You must have heard about Google Playstore and Apple App Store. There are other app stores where you can directly publish the APK file of your app for downloads: UptoDown, APKPure, CNET, which are just a few I know by heart.
Best Ways to Make Money Online 8: Become a Crypto Investor
Who is a crypto investor, and why should you consider being one? The answer to that is simple: a crypto investor is someone who takes actions that leverages the volatile nature of cryptocurrencies to make profits. The crypto market is a big deal now and has experienced serious booms over the years. Bitcoin as an example has turned some folks into millionaires in the space of a few years.
Those who were early adopters of the coin are glad they did now. Unbelievable, how easy opportunities can pass us by before we realize what’s going on. Imagine you had bought $1000 worth of Bitcoin when it was under $1, how much would you be worth now? See what I mean?
Now, you don’t have to slap yourself so hard for missing out on the Bitcoin revolution, opportunities like this are still surfacing in the crypto-world like every other day, you just need to know the ones to tap into.
How do you become a crypto investor?
There is over one way to skin a cat, the same way there is over one way you can become an investor in the crypto-economy. Here are some ways to get started with investing in cryptocurrencies:
a) Buy and Hold (Hodling)
Popular called hodling among “crypto-heads”, a term that originated from Captain Courageous GameKyuubi posted on bitcointalk.org after having a bottle too many about his failure as a trader and how he was going to stick to just holding Bitcoins from that moment on. His typo-laden post instantly became a sensation that generated lots of memes in Bitcoin circles all over the internet, thus; a new term was born.
You can buy and hold crypto coins and tokens over time, so you can sell when the value rises, or just continue holding if you are one crusader who believes cryptocurrencies will replace fiat currencies inevitably.
You should know that there is no guarantee that the price of whatever crypto token you hold will never plummet, even if it once reached some exponential growth in value. You should never put money that you can’t afford to lose on buying and holding cryptocurrencies, in case the heavens come crashing down and I lose everything.
If you are going to invest in cryptocurrency, you will need to understand the concept of wallets and exchanges. For a hot wallet, I Exodus, and Nano Ledger Series for a hardware wallet. For exchanges, I recommend Binance, ChangeNow, (you can exchange coins and tokens by making use of the ChangeNow widget available on this website) Coinbase, and Kraken, and Exchangily for DEX (decentralized exchange).
Apps and platforms like MarketXLS, CoinGecko, ProfitTradingApp, Coingapp, Bitsgap, and CoinStats can also prove useful in your journey to Crypto-land. Consider installing them; I recommend you do, and most are free. There are more apps that I could recommend to you, but I think that would be overwhelming. We can talk about fantastic apps like these in a separate post in the future.
If you want to purchase cryptocurrencies to hold for some time, you need to understand some basic things about investing safely in cryptocurrencies (you can’t be entirely safe when investing in cryptocurrency, though). I recommend you read this article to learn how to invest properly in cryptocurrencies and minimize the risk of losing funds.
b) Proof of Stake or Staking
Proof of stake is locking some coins or tokens in a blockchain as your stake. This gives you the benefit of being able to forge the next block and validate transactions on the blockchain, and you get rewarded for that. Your stake on the blockchain remains yours, but temporarily locked in the blockchain, based on the contractual terms you agree to whilst setting up your stake.
Some popular coins that make use of proof of stake in their consensus algorithm are:
Tezos (XTZ): ~6% Yearly Interest.
Tron (TRX): ~4% Yearly Interest.
NEO (NEO): ~2% Yearly Interest.
DASH (DASH): ~6.5% Yearly Interest.
Cosmos (ATOM): ~8% Yearly Interest.
VeChain (VET): ~1.5% Yearly Interest.
PIVX (PIVX): ~4.8% yearly interest.
Reddcoin (RDD): ~5% yearly interest
Neblio (NEBL): ~10% yearly interest
I’d like to point out that you can also stake your cryptocurrencies with exchanges that allow staking for rewards (interest) such as Binance.
You can cash in on an ICO and get free coins and tokens in the form of airdrops, which we publish on our site as we notice these offerings. Airdrops are gifts, often from startups intended to generate some buzz and make people key into their projects. Call it growth-hacking, you’re welcome!
Since free is easy, and these companies require no commitment to the project by the receiver, except to do some simple tasks like sharing the said airdrop with more people, it’s clear that giving airdrops is a good strategy to get people to notice and key into a new project or gain more traction for an existing project. I honestly believe that claiming airdrops is one of the simple ways to make money available on the internet today.
Bounties are the rewards you get for taking part in a more complex and vital part of the project’s execution or expansion. They often involve tasks that require a level of expertise to get done, and the payment for these bounties is usually higher than what you can hope to get for airdrops. You can get started with bounties by following blockchain projects to see which ones are currently giving away bounties and airdrops.
Coinbase also almost always gives away free coins and tokens; all you have to do is learn about things on the platform, and Coinbase will reward you for doing just that. You can also check out Binance if there is any launch going on over there too, but be ready to open an account with these exchanges. Keep an eye on CoinMarketCap Earn too.
Join our Telegram channel; we post fresh airdrops regularly there.
d) Trade Cryptocurrencies.
Now, this might be a high-risk market that you want to get into, but with high risks often come high rewards or losses. Because of the volatile nature of cryptocurrencies, you could make a lot of money fast by doing this, and you could also lose money. I’d advise that you do some research and understand how the exchange markets work, so you don’t go in naively and lose money. Depending on the pairs you want to trade, you need to work with an exchange that allows you to trade the pair you want to trade. Binance, Poloniex, Kraken, Coinbase, and Kucoin are some that you may look into. I would recommend Binance and Coinbase for a start, though.
e) Crypto Faucets
First off, I should let you know that you can only make pennies on Crypto Faucets, however, if you understand how Crypto works, you’d know that pennies today can be worth thousands of dollars in a few years. Crypto faucets are websites that pay you for microtasks. You can get paid for things like surveys, viewing ads, watching videos, blog commenting, or even transcription services. Here are some crypto faucets that you should consider joining if that’s something you’d like to do:
f) Yield Farming
Yield farming is a not-so-new trend in the world of DeFi. You provide liquidity in decentralized exchanges and you earn the native token of that exchange/AMM as the interest yielded by the liquidity you provided.
Best Ways to Make Money Online 9: Provide Drop-Services
You know about drop-shipping, right? Okay, groovy. Now, what is drop-servicing? Drop-servicing simply means getting projects as a freelancer but transferring these projects to other freelancers to execute them. Now, why would you want to do something like that? Like seriously, why can’t you just take the projects and do them by yourself? I’d divide the answer into two reasons: time constraints and skills required.
Let me break it down for you.
What I mean by time constraint is that there is only so much that one person can do, given the limited nature of time as a resource. Even if you have the skill to complete a project, how many projects can you complete within a short time frame? Maybe not so much I would guess! So, by outsourcing some projects and tasks to other freelancers that you trust, you get more free time to work on marketing your agency (if I may call it that) which gets you more clients, projects, and more money.
Second, you may not have the required skills which I feel shouldn’t be a barrier to making money with this business model.
“But wait, how am I supposed to make money working with this kind of business model Ralph?”
It’s simple: charge more for the project and pay the freelancers you make use of less. It has to be an agreement between you and the freelancers, so you make a profit every time by doing no work other than to bring in the projects.
“Okay, that is pretty cool Ralph, but where do I find the freelancers to work with?”
For starters, you can’t go wrong with the freelancers that are certified PRO by Fiverr. So, Fiverr Pro is one place I recommend that you check if you need quality freelancers that will deliver. They cost more though, but you get what you are paying for.
I list other places you can check to find freelancers below:
VIP Writers (writing)
These suggestions are not exhaustive, there are tons of websites where you can find freelancers to work with, and I advise you to explore as many as you can. You can register as a freelancer yourself on some of these websites, and then go to another freelance marketplace to hire a freelancer to do the job. Be careful, though, to not make it too obvious or risk your account getting banned.
One other thing I recommend is to create ads on classifieds marketplaces and also to create a local Google business listing in all the locations you intend to serve; make sure you have a physical presence in these locations though, because Google may require you to verify your business before your listings appear in search results.
*Please read this vital piece of information before getting into drop-servicing (I want you to make money fast!).*
You need to know that reviews are very important in most online businesses and services, so is the case with freelancing and drop-servicing too. Before you sell you may need some kind of social proof in the form of reviews to get people to buy from you or order your services.
The workaround that I recommend is to encourage your clients to leave you reviews when you provide them with a satisfactory service that pleases them.
If you find this hard to achieve, you can buy reviews on this site dedicated to buying and selling reviews, or just go to Fiverr, so your business could at least take off and gain the initial trust needed to sell.
Please understand that although the methods presented in this post have made several millionaires, there’s no guarantee that you are going to have that same level of success. Nevertheless, with hard work, persistence, and the right skillset, anybody, irrespective of the background, can find great success online!
And it’s a wrap for this post, I hope you’ve found something of value that you can put to use right away. If you need further clarification or to help with anything at all, you can shoot me a mail at this address: firstname.lastname@example.org. You can also contact Centopedia support at email@example.com. I remain your finance go-to guy, and cheers to a better life!