15 easy ways to start making money online in 2021
The world’s digital advancement has made it easier than ever to make money from home. Maybe you want to work extra during your studies, or why not invest in a digital full-time career online? No matter who you are and what your goal is, we are convinced that you can find something that works for you.
Many companies start on a small scale, and often start earning their first money from home. You may not have developed that perfect business idea that takes over the world yet, but still want to start your own business? Then this article is for you.
Start by asking yourself the question: What are you good at? What do you think is fun? If you find an activity with the two common denominators, the probability is high that you can also make a living! You might like to write texts, follow the stock market, test products or something else.
If you need a little help along the way, we share here our 15 tips on things that allow you to start making money online from the quiet corner of your home.
1. Offer language lesson
There are plenty of people out there who need to learn a new language! It can be a school student, a new employee who has moved to a new country, or a holidaymaker who wants to sharpen their language skills before the trip. Get a Zoom, Skype, or Google Meet account, offer your services – and you’re off!
2. Affiliate – send customers to the right store
Affiliate marketing is a results-based marketing method. You can e.g. have a website that tests and reviews speakers, and under each review there is an affiliate link that sends the reader on to the product page. If the reader chooses to make a purchase from the advertiser, you as a distributor will receive a piece of the pie. If the website gets proper traffic, you can make big money on referrals, without having to do much yourself. A good passive income!
3. Collaborate with distance warehouses aka Dropshipping
Dropshipping is a concept that means that you sell physical products without having your own warehouse. You create an online store with all the products you want to sell at any price and when someone places an order, it is forwarded to your partner who handles the logistics. The money ends up in your account, your partner receives part of the revenue and the customer receives the package delivered to them from a remote warehouse somewhere in the world and usually does not notice that a third party is even involved.
4. Make niche videos
Every day, over a billion hours of video are displayed on YouTube. If you need help assembling an IKEA piece of furniture, need to learn how to program or want to hear a piece of music, chances are you will find the answer in a YouTube search. If you create content yourself, you have the opportunity to monetize the ads that appear next to your video. However, the advertising revenue is not very large, but if you get enough impressions, companies may be interested in sponsoring the video. Niche videos always work best! What can you teach that can be of use to someone else?
5. Write texts
Content has become an increasingly important tool for companies to be relevant to their customers, appear in search results and reach their target audience. Not all companies can afford to pay professional journalists to write blog posts for their website. If you have the talent for writing, you can offer your services at a competitive price. If you are an expert in a particular field, chances are you can increase your price further.
7. Translate texts
The world is becoming increasingly interconnected. National borders are beginning to blur and people are both traveling and moving like never before. An increasing need to be able to reach out with their message in more languages than the national language has arisen. If you have several mother tongues or just a talent for languages, you can therefore be very useful in the work of translating texts, such as simpler information materials, articles or books, for companies and organizations. However, if you want to work with translating educational materials or government documents, you must be an authorized translator.
8. Take care of social media
It happens far too often that you find a store or a restaurant’s Facebook page or Instagram profile, which on closer inspection has not been updated for several years or months. If you yourself are a diligent user of social media, you probably know how to handle it much better than those behind the company! Go to small businesses in your area and ask to take care of their social media – to increase their brand awareness and find new customers.
9. Go on a virtual flea market round
For example, visit Ebay or Facebook Marketplace and look for gadgets with potential! Maybe you have an eye for collectibles like old pokémon cards, comic books or retro toys? Buy them and then resell them to other people. This proposal originally came from American entrepreneur Gary Vaynerchuk. He has founded a media company with a turnover of billions and is thus a multimillionaire, but on the weekends he goes around to flea markets and looks for things to transform from “trash” to “cash”.
10. Become a Virtual Assistant
There are plenty of companies that do not need full-time assistants – but still, there is a need to get a helping hand at regular intervals. You agree with your customer on a certain number of hours per month and what you will help with. The tasks vary but can involve posting receipts, booking dinners, planning the calendar, sorting incoming e-mails, doing research on a specific topic, ordering flower delivery to business partners, or the like. You often do not need to have any prior knowledge in the industry.
11. Get paid for your opinions
Many larger companies conduct market research at regular intervals in order to keep up with market fluctuations. It can be about finding out if existing customers are satisfied with their monthly cost or researching the interest in a completely new product. The survey companies are constantly looking for respondents. The surveys are often conducted at home through a web form or a telephone interview. You will be paid per survey and if you provide a rewarding answer, it is very likely that you will be asked more times.
12. Take an online course
Maybe you are cruel at baking muffins, playing the guitar or taking nice Instagram photos? Then you should consider sharing your knowledge with other people online and earning a penny at the same time! There are many course portals that allow you to set up your own online course, with various chapters containing texts, pictures, movies, and the like. It may feel overwhelming at first, but once the course is up and you have your first participants in, you can sit back and enjoy a passive income!
13. Help with homework
In recent years, more and more opportunities to get homework help all over the world. Those who do the work are often students or teachers who spend their free time helping children and young people reach their goals. There are both commercial companies and non-profit organizations that offer homework help. It can be done at the student’s home, in the school premises or of course – via the internet. If you are interested in language, mathematics, science or any other school subject, you can combine benefit with fun to help students develop their knowledge! There are many parents, who are either too stressed or who do not have the knowledge themselves, who may consider investing in their children’s future.
14. Have a technology school for the elderly
Are you yourself a diligent user of computers, mobiles and tablets? Then you most likely have greater digital knowledge than the elderly in your vicinity. You may not have to charge to help your neighbor dial a phone number. If, on the other hand, you are going to spend an afternoon teaching someone you do not know very well how a tablet works, then it can suddenly become a business opportunity. Today, more than 1 million Swedes feel that they live in a digital exclusion and some of them are certainly prepared to make an investment in their digital future. Not everyone has children or grandchildren to ask. Psst! Just do not forget that your target audience is probably not reached through online ads. Post notes with your phone number at your local grocery store instead. It does not have to be harder than that!
15. Invest in stocks and mutual funds
Do you know the world around you and a sense of numbers? Then maybe you should take a closer look at investing in stocks and mutual funds! Today, there are plenty of tools to help you get started quickly and easily at a low cost.
Read our guide about how to start day trading here:
How to start with day trading in 2021 – 10 things all beginner traders need to learn
Freelance services, networks and platforms
By now you may have an idea of what you would like to try. In some cases, you may already have contacts to turn to – but how do you find your customers outside your own network and outside of platforms like Facebook, Instagram and LinkedIn? Well, there are actually a lot of services just for that.
Upwork is one of the world’s leading intermediaries of teleworking. According to their own website, over 5 million companies have used the service and among the customers are Microsoft, Airbnb and GE to name a few. Upwork is looking for freelancers in everything from programming and administration to writing and sales.
Fiverr was founded as early as 2010 and has become one of the world’s leading platforms for creative services. Creators from all over the world gather here to offer their services in design, video editing,. The name originally comes from the website offering services from $ 5. You decide your price and you keep the whole cake. Fiverr instead charges a service fee for the buyer.
Teachable allows you to create and sell online courses! You create a free account and build your own course by adding text, image, movie, audio, presentations and other content. You choose what it will cost to complete the course and at a small cost, Teachable takes care of both payment systems and technology solutions. It will hardly be smoother than that!
Etsy is a well-known player in the maker movement! Here, independent sellers offer their unique products to customers all over the world. Whether you make greeting cards, paintings, clothes, embroidery, bracelets or books, here is a place for you!
How to stay focused away from home
It can be difficult to concentrate when working from home. The mountain of dishes in the zink is growing, the hall should be cleaned, the kids’ clothes need to be washed. If you want to make money from home in a sustainable way, you need to find a way to manage everything around you. Here are some simple but powerful tips:
“Go to work”
Take a walk at the beginning and end of each working day. Let a short outdoor stay be a clear demarcation between work and everyday life! A 5 minute walk can be enough to gather energy and let go of everything else for a while.
Get a workplace at home
Have a dedicated workplace. The sofa in all its glory, but it can be smart to think ergonomically to keep up in the long run! Feel free to get a desk if you do not already have one – otherwise the dining table can work at least as well.
Disconnect from the outside world
Feel free to log out of social media and turn off the notices on your phone to avoid unnecessary distractions. It works wonders for concentration!