How to Make Money Online in 2024 and Beyond

By MicaR | Online Venture | 27 Jul 2024


Even though a lot of people were already working online, Covid Pandemic introduced online working to a lot of people. The skills and knowledge that you were using to work and earn offline will also work for your online jobs. You might also need specialized skills to work and earn online. For example,

Social Media Marketing

Video Making

Programming

Animation, etc.

Most of these are not simple methods to make money. For example, you need to be a highly-skilled video marker to make money with videos. You need to be a highly-skilled programmer to make money through coding. However, you can also find jobs that are really simple to do, for instance making money watching videos or taking surveys.

Online Money Making Opportunities

Forum Posting: There are forums where you can create short posts and earn from your posts, for example, Noise Cash, MyLot, etc. Well, on some forums you can make over $1 per day on average and make $30 by the end of the month, but you need to spend a long time to make even a little money. Forums sites do not offer a good payment based on how much time you have to spend.

Transcription: You can make a lot of money from transcription if you are working with a high-paying company. If you are interested, try Humanatic.

Micro Jobs: But microjobs do not offer good payment but they are also easy to make money, for example, microworkers, picoworkers, etc.

Remote Working: Universal Human Relevance System from Microsoft is a remote crowd working platform. You can also try sites like Lionbridge, Clickworkers, and Appen. These platforms offer jobs from companies like microsoft.

Freelance marketplace: This is the best platform to make money Try Upwork or Fiverr. I have been working on upwork for over 2 years and I am really happy with my work as I have managed to make at least $600 per month from upwork consistently over the period of two years.

Review: If you want to start making money by reviewing products, you can join Fiverr and sell your review services. You can also join upwork and start bidding on review jobs. Slicethepie is one of the trusted sites where you can earn by publishing reviews. A quick google search will give you more details

Writing: There are multiple ways to earn from writing, you can publish on article sites like hubpages, medium, vocal, and earn passive income from your articles as long as your articles bring traffic. You can also maintain a blog and earn passive income. The best way to earn passive income, in my opinion, is through a book. You can publish books on platforms like Smashwords, Kindle Direct Publishing, Barnes and Noble, and ern lifetime royalties from your books. You can either publish ebooks or print-on-demand books. You can also partner with traditional publishers to publish your books and earn royalties.

Platforms to Make a Lot of Money in 2024

Youtube: In my opinion, youtube is the only platform where you can make a lot of money without investing a lot of money. If you want a blog, you need a domain and hosting and you might have to pay just about $50. However, you can get started completely free on youtube. If you have a mobile device, you can easily shoot a video. If you are making tutorials you need a screen recorder and these can be found for free. You can even try a free video editor like kinemaster. However, in order to succeed, you need to be an exceptionally talented video maker.

I do not doubt that youtube is one of the best platforms to build passive income. If you manage to build a lot of subscribers and if you have a lot of videos and if these videos generate a lot of traffic, you can earn really well from youtube. However, in order to earn from youtube, you need to be a good video content creator. You also need to be a highly-skilled video maker. Earning from youtube involves shooting videos, editing videos, doing SEO on your videos. Last but not least you need to have digital marketing skills to generate views

Amazon: Amazon offers numerous ways to make money. You can publish books and ebooks and make money. Even if you are not a writer, you can still earn from Amazon through a different method, you can start promoting affiliate products. There are many ways to earn from Amazon, for example, you also can start selling your products through FBA. This is also a passive income method that you can try as Amazon will take care of shipping.

How to Make Money By Reselling

If you cannot manufacture your own product because you are not creative enough, you can try reselling products by procuring from other companies. In fact, you don't need your own product to do online or even offline business, you can try reselling products. Or, you can even invest in an existing business and become a business owner.

Reselling Old Items

I have used a couple of marketplaces to sell my old products. 

I have sold old stuff online through facebook marketplace. It is a free platform to make money by selling online. If you want to use facebook marketplace, log into your facebook account on your mobile or web and go to facebook marketplace, and create your listing. Once your listing is complete, you also get the option to boost. I suggest you use this boost option because when you post your product listing you have a better chance of selling because you can reach the buyers in a short time. However, when you are boosting your product, you need to target your ad to the potential buyers bases on demography geography, interest etc. Not a proper marketplace like ebay or Mercari, Facebook Marketplace is a good platform to resell items. Listing is free, selling is free, and you don't even have to pay transaction fees, you can receive every penny of your listing price. However, the market is competitive, you might have to pay for ads.

Even though you can sell new items on ebay, ebay is basically a platform to resell items. From old shoes to your old textbooks and notes, from your old mobile to your old car, there is nothing that can not be sold on ebay, even container homes can be sold on ebay. eBay is a good platform to sell your old stuff, but I have not used it. eBay is not  popular marketplace in my country. There are a lot of alternatives. I have used local sites like ebay to sell my old stuff.

Etsy is another great place to sell old stuff. However, you cannot sell any random old stuff, they only want product that can be categorized as vintage item (a product that is at least 20 years old).

If you want to sell old stuff, you can also try Bonanza or 1ST DIBS. These are not as popular as eBay for reselling old items but you can try these platforms.

Another eBay-like platform to resell your items is called Mercari. On this platform, you can resell almost anything. However, I do not have first-hand experience, therefore, I cannot say whether this platform is as good as ebay or not.

Private Label Rights or White Label Rights

Acquiring private label rights or white label rights and reselling the products you have the right to sell again is also a good way to make money from reselling. This is a competitive niche as a lot of people are already doing the same thing which is acquiring the private level rights or white label rights and reselling. But anyway if you want to do it, go to a supplier, order in bulk, use your own logo or brand on the products (because you are also buying private label rights or white label rights), and start selling on your own.

Reselling Hosting and Reselling Domains

Web hosting is a profitable business. With the rise of web 2.0 and now web 3.0 websites, web hosting businesses are taking giant strides. You can also make profits from this web hosting business.

How much money do you need to start a web hosting business?

Web hosting business requires a lot of money to start, you need to set up servers, hire technicians and spend a lot of money to run the servers. However, there is a web hosting business model that can be started for a low cost. Become a domain reseller and web host reseller. You can become a domain reseller for just a $25 deposit and hosting reseller with just $16 per month.

How to start a web hosting business?

Join a program that offers domain reseller. When you become domain reseller, you buy domains in bulk and resell domains to individuals. You will then have to join hosting reseller. When you join a hosting reseller, you will buy hosting accounts in bulk and then sell them to individual users.

Don't try it if you don't know this business model. In order to resell hosting, you need your own hosting company (a website that sells hosting plans), you will have to handle everything from setting up clients' hosting accounts to solving technical problems. If you do not know the technical know-how, how can you run this business? reseller hosting is just like dropshipping, you don't have to set up servers but you will be selling server space.

Skills That Will Help You Earn Online

You might earn online without skills but you will earn only pennies. What would you do with pennies when you will be spending more money on your internet bills compared to what you are earning. For example, a person with no skills will be able to work only on faucets and PTC. You might have to work on dozens of faucets and PTC for many hours just to earn $1. There are micro job sites where a person without any skills might earn, for instance, on picoworkers you can by viewing videos, click on ads, create gmails and make money without skills.

Freelancing on Freelance Marketplace

I made my first online income by working on Upwork. Upwork still happens to be my number one income source. I hear a lot of people say upwork is difficult, but I have been easily making $300-$500 per month by working on Upwork. Well, this is not a big amount compared to what other successful freelancers are earning on Upwork but it is definitely better than earning from earning sites like forums, micro jobs sites, GPT sites, etc. If you have professional-level skills and want to earn online without zero investment, freelancing sites are the right platform. I am a programmer and I earn well from Upwork.

 Digital Art

I know Fine Art America. I have checked this site and I find it very interesting. You can not only sell your digital arts in posters and canvas but also in the form of items like tote bags, pillow covers, phone cases, etc. However, I am not a photographer or a digital artist.

Podcasting

I am not a good talker, but I am very interested in podcasting. I have a website and I would like to publish podcasts on my website. I am not sure if I can actually make money by publishing podcasts on my websites but I believe I can build traffic to my websites through podcasts.

Creating Course

If you create a course and if your course is a best-seller, you can easily build a good passive income source. When creating a course you will have to write a lot of course materials that you will give as handouts, record hours of podcasts and videos. Creating a course is hard work, it might take a lot of time to build a course. However, once the course is complete, you may not have to work on it anymore, unless you are updating with fresh materials. One-time work will make you money for a long time. But you might have to market your course.

Web Designing

Website design is a professional skill. There is a great demand for professional skills. If you can design a website from scratch not just use random content management software to build a website, you might succeed as a web designer. For example, you can easily build a website from WordPress, Xenforo, Joomla, Big Commerce, etc. If your skills are limited to using these content management systems, you may not be very successful, but if you can develop your own template to create a unique website, you might be successful. For that purpose, you should also be a website builder and have coding skills.

eBook Writing

In order to make money from ebooks, you don't even have to write an ebook. You can hire writers and then own the copyright so that you can sell the books. You can also try acquiring reseller rights for the ebooks you want to sell and make money by reselling ebooks.

How to become successful online

Actually, becoming successful depends on what you are actually doing and how you are doing it. Let us take the example of mobile phones. Nokia was the number one mobile phone manufacturer. Sadly, it lost its position when iPhone came into the market and Samsung also started manufacturing the smartphone. After the success of Samsung and iPhone, a lot of companies started manufacturing smartphones and they still were able to build the brand (even though they were selling the same product). The new brands were successful because they targeted different markets and used aggressive marketing methods to attract new customers.

Simple Rules to Make Money

Want to Make Money? Make Sure You Have These Two Things

If you want to make money, you need two things:

Time

Money

If you have these two, that would be even better but you need at least one of these to make money.

If you have time, build your audience. You can start with social media platforms like Facebook, Instagram, Pinterest, Twitter, TikTok, Youtube, etc. You cannot make people just follow you on social media, you need to offer them good content. In order to provide good content, you need to be a very good content creator. Once you have the following, you can sell your products and services.

If you have money, collect information about your potential buyers by creating opt-in email ads and collecting emails of the people interested in your products and services. Once you have an email list of people genuinely interested in your product, start selling your products and services. Instead of taking pain in building an email list, you can also directly sell your products through ads.

How to Earn Better by Working Smart

In order to earn more, you need to be productive and creative. Your lifestyle is hugely dependent on your productivity and creativity. For example, if you exercise regularly, you will be more efficient. Exercise releases happy hormones that will relieve you from stress and anxiety, thus making you creative to work on multiple projects. Likewise, what you eat also helps you to work better. Don’t fill yourself with a heavy meal, eat light. This will help you avoid lethargy.

Working smart means you work in a way that saves you time, you can work with less effort, you are more efficient, and you deliver better.

You work on a micro job site for one hour and earn $1 and work on a freelancer site for 1 hour to earn $5. You know which one is smart work, right?

You work 8 hours a day, 5 days a week, and earn $4k active income in a month. You work just 1 hour a day and earn $2k passive income in a month. You know which one is smart work, right?

Choose a Financially Rewarding Career

In order to excel in your career, you will have to choose a career that is financially rewarding. When you have chosen a career that is financially rewarding, you will have to build knowledge and skills in that career field. Depending on what you have chosen, you might have to spend years months, or weeks building your knowledge and skills. 

What does a financially rewarding career actually mean?

Financially rewarding means a job where you can earn a fat paycheque. 

For example, you can earn as a writer but you will earn more if you are a technical writer. Technical writer means you can write white papers, press releases, policy papers, and SEO content. If you want to choose a better-paying career, a career that can earn you more than a technical writer, you will have to choose animation. An animator earns more money than a writer. 

Choosing a career should also depend on your interest.

What is No. 1 Trick to Make Money Fast?

Making money is all about having patience and working hard. Does this mean that there is no way you could make money faster? Well, there are of course legit methods to make money in one week or less.

I don’t mean to say you can earn hundreds of thousands of dollars in a week, and I m also not trying to fool you by sharing a method where you make $1-$2. I am sharing methods that can earn you $100, $200, or even $1000 in a week.

Find a gap in the market and fill in the gap

Find what people are selling and what people are buying, do you see any gap? Now fill in the gap.  You need to ask yourself why people will buy your product compared to the existing product. Try to give reasons for people to buy your product. More is not always better. You need to create a product that can go viral and make you successful overnight.

Is it Really Easy to Build Income Source

Things to Remember Before Trying to Build Passive Income

Passive Income is not a method to grow rich, it is a way to diversify your income strategy so that you continue making money without doing hard work and create financial security.  However, creating a passive income takes a lot of effort but the long-term gains make that effort worthy.

What is the best way to build passive income?

Should you sell courses or ebooks?

Should you set up a dropshipping website or a membership website?

Should you build a business and sell it, or invest your money in stocks and real estate?

When you want to build a passive income, you need to see if the method is proven to make money or not, if the method you are going to use is accessible to you or not, and whether you are equipped with the skills and knowledge required or not. You also need to see if you have the resources to start building this passive income or not.

You also need to be very patient. It might take before you start earning passive income.

Truth About Passive Income That No One Tells

A lot of people believe that building passive income means making money without any great effort. Well, that’s what you hear from these online gurus. However, this is just a half-truth.

In order to build a stable passive income source, you either need to be highly skilled, or you need to have a lot of money.

Blogging, Affiliate Marketing, Writing Books, Dropshipping, Youtube, Print-On-Demand, etc. are some of the highly recommended passive income sources. However, in order to generate passive income sources from these activities, you need to be highly skilled in multiple areas. For instance, to become a YouTuber, you need video making, SEO, and digital marketing skills

If you do not have professional skills, the only way to build passive income is through business (a business that is entirely automated or you have a team to work for you) or investment in the stock market, real estate, or crypto. In order to build passive income through these methods, you need a lot of money.

Passive Income Through Investment Vs. Passive Income From Your Product

It is easy to build passive income through investment. For instance, you can buy a property, rent it out and collect rental income. This is one of the best and also easiest ways to build passive income. However, in order to invest in real estate, you need to invest a lot of money. If you do not have a lot of money for investment, you can invest in the stock market and build a passive income source. You will regularly receive passive income in the form of stock dividends. If you have little money, you can still build a passive income source by investing in crypto and earning profits through staking or even trading. You can also earn passive income from youtube or a blog, but you still need money to pay for domain and hosting (for a blog) and spend on marketing (for the blog and youtube). Affiliate marketing or dropshipping store is also a good passive income source but you still need money to invest in an affiliate website. The only passive income source that does not require any investment is earning royalties from your books. However, in order to earn from books, you need to be an exceptionally talented writer.

One of the easiest ways to build a passive income source is to invest, when you invest, you generate passive income. Let's say you spent $1000 to buy stocks. When the market is favorable, you can earn a $10-15 percent annual return on your stocks, In order to earn this return on your investment, you don't have to work. You can earn passively when you invest in a business (as opposed to starting your own business). You can also earn by investing in crypto. But earning passive income through investment is risky. You don't have to always invest to earn passively, you can use your knowledge and expertise to earn passively. For instance, you can write a book and earn passive income

Building Passive Income: Is It an Easy Source of Money

When you have an Active Income, you sure have control over your earnings because you know how much money is coming, however, I don't think you can earn a lot of money. When you have Passive Income, you sure have more free time, but "making money without working" is a half-truth. Passive income means, you have worked hard in the past to create this product or income stream and it is giving you a return in the present and might continue to give you a return in the future. Going for a job is an active income, for general people, it is very difficult to climb the corporate ladder and draw a huge salary and other perks to become rich. Creating an eCommerce store that works on auto-pilot can be a positive income source, you work hard to create your store, work hard to get it ranked high on a search engine, and then sit and watch profits grow. This also does not happen easily.

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MicaR
MicaR

Web Designer and Content Creator


Online Venture
Online Venture

A blog on Business, Finance, and Making Money Online. The blog offers useful and interesting articles on how to start and run a business and how to make money online.

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