How many articles are there about how to make passive income online?
Lots and Lots! Thousands, maybe even Millions, way to many…
Yet there is problem with all the thousands of articles out there. So many of them are just talking about stuff that either never works, or worked 15 years ago.
But with all these Passive Income Online articles you see, someone has to be pulling in the Millionaire cash, right?
There are legitimate ways to make passive income online. The problem is that the real ways to make money aren’t “get rich quick” schemes.
Most of them require a lot of work and sometimes a lot of dedication before seeing a return on your time.
But if you really want to make money online, work from home, create a passive income, or turn an idea into a business, you can do it.
I’m going to tell you about all kinds of legitimate ways to make passive income online.
Foolproof Passive Income Online Strategy #1
Websites That Pay
Let’s go ahead and get this out of the way.
There are all kinds of websites that will pay you for various things, such as shopping, taking surveys or testing products.
No, I’m not getting paid to promote any of these and no, these websites won’t make you a millionaire, but they are great for earning some passive income. I’ll leave out the scams.
Here are some legitimate websites that pay:
1. Swagbucks – Swagbucks is great for earning some extra cash. You can do a variety of things to make money, from taking surveys to using their search engine. You won’t get rich, but you will earn a few bucks. If you have the time to kill, you can spend it earning some extra cash, instead of surfing the web.
2. InboxDollars – InboxDollars is similar to Swagbucks, since you’re going to be taking surveys, shopping, etc., so if you want to maximize your return, sign up with both websites. They also offer a search engine that pays you (like Swagbucks) and you get $5 just for signing up. I won’t continue to list survey sites one after another down the list, but if you want to get paid to take surveys, also check out GlobalTestMarket, E-Poll Surveys and Survey Club.
3. Project Payday – Project Payday is one of those sites that has testimonials of people who have earned thousands of dollars by getting paid to get trial offers. I’m not saying you’ll earn thousands, but it is legit and you can earn some extra cash. They assume that by paying you to do a free trial, you’ll either like the product and purchase it, or forget to cancel the trial and get charged for it. If you can keep track and cancel before you get charged (if you don’t want the product), then this is a great site for making some money.
4. User Testing – User Testing pays $10 a pop for testing websites. A test usually takes about 15-20 minutes. The purpose is for a website owner to watch someone, who is new to their site, try to navigate it. The value that the site owner gets by watching an actual user experience is worth a ton, but $10 isn’t a bad pay-out.
5. Fiverr – Fiverr is a great place to make a few bucks or spend a few bucks if you need some of the services people offer. Basically, everything is $5. You either pay $5 or charge $5. They call them “gigs.” You can offer your services however you choose. If you sell art and you’re fine selling pieces for $5 each, that’s a gig. If you’re a graphic designer and you want to offer your services for $10/hour, simply offer a 30 minute gig. If they need two hours of graphic design, they pay you $20, or $10/hour by buying four gigs.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
Foolproof Passive Income Online Strategy #2
Freelance writing is one of the most popular ways to earn money online.
Many successful freelancers can earn an average of 50 cents to a dollar per word.
Some are earning twice that!
Of course, it doesn’t start out like that. You’ve got to build your portfolio and your résumé, blah blah blah.
If you’re interested in writing, I’m sure you know this. If you’re not interested in writing, I wouldn’t recommend traveling down this road just for the money.
It takes dedication and time, though it can be highly profitable if it’s what you love.
Assuming it is what you love, let’s talk about making money with it.
Before you decide to start reaching out to all of these freelance writing companies, you need to have a web presence. You need a blog that can let people know what you do.
Or you could just have an online portfolio. Even a LinkedIn profile works to get started.
When you’re ready to start, here are 150 resources to help you write better, faster and more persuasively.
Now for what you’ve all been waiting for; once you’re ready to actually start making money, here are 10 websites you can start with:
1. Listverse – Listverse pays $100 for each accepted post. The article must be a list, it must be at least 1,500 words and you must include at least 10 things. Other than that, you can get pretty creative with it.
2. TopTenz – TopTenz pays $50 for each accepted post. Again, the article has to be in a list format and it must be at least 1,500 words, with few exceptions. They post often so your chances of getting accepted are fairly high.
3. A List Apart – A List Apart pays $200 for each accepted post. They’re not first on the list, because they tend to publish less articles, which means you have a smaller chance of getting accepted. Same guidelines as above, 1,500 word minimum.
4. FundsforWriters – FundsforWriters pays $50 for each accepted post. They are looking for articles about writing and making money with it. They only accept articles between 500-600 words, but they want you to make each word count.
5. Uxbooth – Uxbooth pays $100 for each accepted post. They do tend to take four to eight weeks to accept and post articles, so don’t count on this being a quick money maker. They take so long, because they pair with editors to only publish amazing content.
6. iWriter – iWriter pays up to $15 for each accepted post. That may seem small, but they aren’t as strict as many of the others above and they also allow you to pick exactly what you write. You can write as many or as few articles as you want.
7. Textbroker – Textbroker pays up to five cents per word, if you’re a 5-star writer. You’ll start by submitting a short sample article and you will most likely start as a 3-star writer, but you can work your way up by writing more and writing great content.
8. Matador Network – Matador Network pays up to $60 for each accepted post, but standard pay is around $20-$25. They don’t really focus on a minimum word count, but they have a maximum count of 1,500 words.
9. The Penny Hoarder – The Penny Hoarder pays up to $800 (rarely), depending upon the number of page views you receive. The pay starts at $100 for 50,000 page views, so this isn’t a guaranteed paid article, but it can potentially be highly rewarding.
10. International Living – International Living pays $75 for each accepted post. They are mostly looking for travel experiences from countries you have visited. For this site, it’s more about your experience than your writing ability.
There’s no doubt that you can make money with freelance writing, but it’s a process.
Once you start building your portfolio and your writing skills, you can start making some serious money. If you’re not an experienced writer, expect to put some time in before you really start to see some dough.
Foolproof Passive Income Online Strategy #3
Sell Your Stuff
Ever since the idea of online auctions came into existence, the online selling market has been on the rise.
Many are interested, but don’t know how to get started. There are still all kinds of ways to make passive income by selling online, whether you’re selling what you already have or buying and selling like a store.
Before we get started, here are a few general tips when selling anything online:
* Get a PayPal account. If you don’t have a PayPal account, you’ll want to get one if you’re doing business online. It’s the standard in online business for receiving payment and paying others.
* Take good pictures. Some of the options below don’t require you to actually take the picture and sell the product, but for the ones that do, make sure you take a clear picture that makes your product stand out from the others. If you’re going to be taking a lot of pictures, set up a small “studio-like” area in your home with a backdrop and proper lighting to really make your pictures come across as professional. And of course, you’ll want a good camera too.
* Be honest. If you’re selling used items, be honest about every dent, scratch, blemish, etc.. This will reduce many issues you could run into and keep your reviews positive.
* Do good business. Plain and simple. Whether you’re selling on a small site or opening an online store, your customer service matters. You’ll want to get those positive reviews and make a good name for yourself. Respond to questions, concerns and complaints. Offer a guarantee if available.
Follow those guidelines and you will do well in online sales. When you’re ready to start selling, here’s where you go:
1. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.
2. CraigsList – Some things don’t ship very well. Other things may make you feel uncomfortable to sell to someone across the country. Anytime you’re selling a large item or something you just don’t want to ship, Craigslist is a great place to go. It’s simple to list your item (again, take good pictures!). If you don’t like the idea of putting your phone number out there, the interested individual can send you a message to your inbox without even getting your email address.
3. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.
4. Etsy – If you like to create arts and crafts, you can sell them on Etsy.It’s completely free to open an Etsy store. You simply sign up, post pictures of your creations and starting selling. You can choose your payment option, but PayPal is generally the easiest. Etsy makes it easy to sell and keep track of your inventory. There is a small listing fee and they take 3.5% of every sale you make.
5. Facebook – Facebook swap shops are great for selling things locally. It’s like CraigsList, but a little easier. You simply search for swap shops in your area and ask to join the group. Once you’re in, take a picture of the item, write a quick description with the price and post it. It doesn’t get much easier than that. You can generally expect to get about what you would get at a yard sale, maybe a little more.
Foolproof Passive Income Online Strategy #4
Hey look, an article about passive income online that doesn’t mention blogging. . . oh wait, here it is.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
Some people argue that you can make passive income without a lot of traffic and while that is true in some circumstances, you will generally need a lot of website traffic to start earning from a blog and that takes a while. Once you’ve reached that point, here are the primary ways to monetize your blog and start earning:
If you’re truly interested in becoming a blogger, start by looking through the archives of ProBlogger, Copyblogger and SmartBlogger. Then go read through all the free guides over at Quick Sprout. It may take you a year to complete those tasks alone, but it will be worth it. You’ll practically have a MBA in blogging.
Foolproof Passive Income Online Strategy #5
Finally, there are some companies that will hire you to work from the comfort of your own home.
If you’re interested in working for someone else, while still making your own schedule and deciding where to work from, here are a few companies that will let you do just that:
Now you’ve got many different options to start earning passive income online. If you saw something that really interests you, try it out and learn more about it. If you’re really wanting to make a full-time income online, you need to be dedicated to learning how to do what you want to do.