17 Proven Ways To Make Money Online

How to Make Money Online

Did you know that 1 in 4 Americans make money online. Chances are you’d love to add some additional income streams too. The great thing above ‘online income’ is that it flows while you are sleeping, working the day job or on vacation.

Furthermore it gets you out of the ‘earned income’ mentality. Earned income is always limited because you are trading hours for dollars. Online income leverages ‘systems’ to generate cash INSTEAD of ‘time’. This effectively means that your income potential is unlimited.

Outlined below are 17 of the most effective ways to earn money online. I’m not focusing exclusively on passive income in this particular post but rather the 17 most effective ways to start earning money online right now. 


The 17 Best Ways To Make Money Online

I’ll start at number 17 and countdown to the number one most profitable way to make money online.


INCOME STREAM #17: Fiverr

How To Make Money Online With Fiverr
How To Make Money Online With Fiverr

Fiverr connects you with people looking for help to achieve a particular outcome. This might be creating a video, doing a voice over, designing a website, writing sales copy or pretty much anything else you can think of. Chances are you already have the necessary skills to provide some of these services. This is a great way to ‘switch on’ an income stream.


THE PROS:

  • Access to a large market of client
  • Ability to monetize a large variety of tasks / jobs
  • Huge exposure
  • Fiverr takes care of payment processing and the necessary escrow.


THE CONS:

  • Fiverr takes a 20% cut of all your proceeds
  • Sellers undercut eat others prices which reduces profits


THE TOOLS YOU’LL NEED:

Tool #1: Stencil is a great software service that lets anyone create beautiful graphics using their drag ‘n’ drop interface.  You could become a Fiverr graphics seller in a few clicks.

Tool #2: JAAXY lets you do effective keyword research with a few clicks.  Companies and individuals would pay top dollar for this information.

Tool #3: SocialOomph lets you become a social media manager for external companies. You can load all the messages into the app and it will do all the heavy lifting, posting, boost engagement etc.


INCOME STREAM #16: Sell Photos

How To Make Money Online Selling Photos
How To Make Money Online Selling Photos


If you like to take beautiful photos then you likely have thousands of images gathering digital dust on your hard drive. Why not turn these photos into a residual income stream? In effect you can sell your photos to websites such as: 500px.com, smugmug.com, shutterstock.com, istockphoto.com or etsy.com. These services all offer $100+ per photo.


THE PROS:

  • Paid to share any incredible photos you’ve taken
  • Turn your passion into dollars


THE CONS:

  • Hard to get accepted to the highest paying sites.
  • You forfeit the rights to your photos


THE TOOLS YOU’LL NEED:

Tool #1: A good quality smart phone would suffice. The latest picture quality is sensational.


INCOME STREAM #15: Write & Sell E-Books

How To Make Money Online Selling E-Books
How To Make Money Online Selling E-Books


While 50% of self published authors make less than $500, successful E-book authors can earn tens even hundreds of thousands of dollars per year. Once the E-book is written then you can sell it on your own website, Amazon’s kindle, Barnes and Nobles Nook, Apple’s iBooks, google books and other mediums. You can also hire a voice over artist on Fiverr to turn it into an audio book. This can later be sold on Audible, iTunes and elsewhere.


THE PROS:

  • Easy and affordable to make
  • You can write about your things you are passionate about
  • You can easily research any topic and write a compelling book
  • Write once, get paid forever.


THE CONS:

  • Time Consuming
  • The market can be saturated.


THE TOOLS YOU’LL NEED:

Tool #1: Microsoft Word is required to type the article.

Tool #2: Adobe Acrobat Pro to convert the article into a PDF file.

Tool #3: Be sure to get Stencil to create beautiful e-book covers, banner ads and social media graphics.


INCOME STREAM #14: A YouTube Channel

How To Make Money Online With YouTube

How To Make Money Online With YouTubeThe average amateur YouTuber makes $15 / month. Successful Youtubers can make tens of thousands of dollars a month off their videos. The great things about YouTube is that once you do the work, get the video live and perform some important optimization work – you effectively get paid forever more.


THE PROS:

  • Great way to build a highly engaged audience
  • Proven way to sell products
  • True passive income


THE CONS:

  • There is a learning curve
  • Can take a lot of time.


THE TOOLS YOU’LL NEED:

Tool #1: Camtasia. The very best, easiest and fastest video creation and editing software. 

Tool #2: SocialOomph. The best way to automatically push your video out to all the social networks and really ratchet up the views.


INCOME STREAM #13: Search Engine Evaluator

How To Make Money Online As A Search Engine Evaluator
How To Make Money Online As A Search Engine Evaluator

Search engine evaluators ensure the best and most relevant content is showing up in search engine results. The average gig pays about $12 – $15/hour.


THE PROS:

  • The work is relatively easy
  • No expensive software or equipment are needed
  • Huge exposure


THE CONS:

  • Work is done on a per project basis so you always need to be filling the sales pipeline with new clients.


THE TOOLS YOU’LL NEED:

Tool #1: Jaaxy is an essential tool to perform the level of keyword research necessary to dominate the search engine results. 

Tool #2: Socialoomph is a powerful tool to boost your social media signals. These are one of the most important factors search engines consider when boosting your position in the SERPS.


INCOME STREAM #12: Sell Domains

How To Make Money Online Selling Domains
How To Make Money Online Selling Domains

This can be a very lucrative business. You simply need to brainstorm ‘good’ domain names and snap them up before anyone else does. Teamwork.com reportedly paid $675,000 for their domain name. Other domain names have sold for much more. Not bad considering the initial buyers paid just $12. A common price point for selling in-demand domains would range several hundred to a few thousand dollars.


THE PROS:

  • It’s easy to get started. All you need is to find clever domain names and snap them up


THE CONS:

  • Hard to predict which domain names will be a smart investment.
  • Many of the really great domain names are already snapped up.
  • It’s frustrating to spend so much time search only to find they are already gone.


THE TOOLS YOU’LL NEED:

Tool #1: Jaxxy is a top rated keywork research tool that makes finding top rated domains a breeze.


INCOME STREAM #11: Podcasting

How To Make Money With Podcasting
How To Make Money With Podcasting

Podcasting is red hot right now. There is a podcast for literally every type of niche. Mid tier podcasters can make $1600 / month from a successful podcast.


THE PROS:

  • It’s creative, fun and engaging.
  • It’s a great way to get your brand out there.


THE CONS:

  • It’s time consuming
  • It requires some technical know-how
  • Cant be difficult to get off the ground


THE TOOLS YOU’LL NEED:

Tool #1: A good quality podcasting microphone. I use ‘RODE Podcaster’ and the sound quality is superb. 

Tool #2: A good quality podcasting / voice recording software. Garage Band is free on MacOS and it’s superb. You could download ‘Audacity’ for free. It’s available on Windows, Mac Os and Linux.

Tool #3: Podbean is a podcasting platform with all the tools you need to succeed.


INCOME STREAM #10: Virtual Assistant

How To Make Money Online As A Virtual Assistant
How To Make Money Online As A Virtual Assistant

Virtual assistants range from social media assistants to website designers, market researchers and customer service agents. The average virtual assistant makes over $1800 / month.


THE PROS:

  • The work can be engaging, fun and interesting.
  • You’ll likely work on a wide diversity of projects.


THE CONS:

  • It’s laborious work and certainly not a form of passive income.


THE TOOLS YOU’LL NEED:

Tool #1: Peaksoft will provide you with the necessary time management, scheduling and self management you need to master this lucrative income stream.


INCOME STREAM #9: Brand Ambassador

How To Make Money Online As A Brand Ambassador
How To Make Money Online As A Brand Ambassador

Brand ambassadors are paid to talk about a company in a positive way. This can be at public events or on social media platforms. The average brand ambassadors makes about $2,000 / month.


THE PROS:

  • The work can be easy, fund and lucrative.


THE CONS:

  • It’s hard work to create the influence you need to become a brand ambassador.
  • You may not be happy with what the company wants you to say or do.


THE TOOLS YOU’LL NEED:

Tool #1: A good quality smart phone. Instagram tends to be the hottest property in the brand ambassador space right now. 

Tool #2:  Media Gigs. SocialOomph lets you become a social media manager for external companies. You can load all the messages into the app and it will do all the heavy lifting, posting, boost engagement etc. 

Tool #3: Get Stencil. Beautiful social media graphics are important in this field.


INCOME STREAM #8: Crowd Funding

How To Make Money Online With Crowdfunding
How To Make Money Online With Crowdfunding

If you have a creative project idea then a crowd funding website like ‘kickstarter’ can provide the means to launch your product / service. Important to note that the money is not for you but rather to funds the development of your project.


THE PROS:

  • You can raise a lot of money in a short amount of time.


THE CONS:

  • The money isn’t your income. You must put the funds to use.
  • If you don’t raise the target amount you get nothing at all.
  • Difficult to get traction


THE TOOLS YOU’LL NEED:

Tool #1: Camtasia. A good quality video is important to draw in backers.

Tool #2: Get Stencil. Good quality graphics are essential.


INCOME STREAM #7: Freelance Writing

How To Make Money Online With Freelance WritingHow To Make Money Online With Freelance Writing
How To Make Money Online With Freelance Writing

Whether you’re writing for online publications, B2B businesses, or online agencies the opportunities for freelance writing are limitless. The average freelance writer makes about $3500 / month.


THE PROS:

  • You can be creative and write on a wide variety of subjects.


THE CONS:

  • Some place are willing to pay more than others and the work isn’t always steady.


THE TOOLS YOU’LL NEED:

Tool #1: Microsoft Word.

Tool #2: PeakSoft will provide you with the necessary time management to maximize this business.


INCOME STREAM #6: Online Store

How To Make Money Online With Shopify
How To Make Money Online With Shopify

Jewellery, home made candles, pottery, knitted items – the possibilities are endless. According to Slate the average income of ‘proper’ Etsy sellers is about $3,700 / month.


THE PROS:

  • You can follow your passion and sell unique products you are proud of.


THE CONS:

  • Selling online products can have a crowded market.
  • You need technical know how
  • You have overhead costs to create your product


THE TOOLS YOU’LL NEED:

Tool #1: Shopify is the all-in-one soliton to launch your E-commerce store. 

Tool #2: Socialoomph will provide the necessary social media exposure to drive buyers to your store. 

Tool #3: Jaxxy will ensure you optimize your pages for maximum search engine exposure.


INCOME STREAM #5: Freelance Designer

How To Make Money As A Freelance Designer
How To Make Money As A Freelance Designer


Whether you’re making logos, designing websites or creating images for social media – freelance designers have a huge variety of projects to work on. The average freelance designer makes about $5,000 / month.


THE PROS:

  • You can have fun and be creative.


THE CONS:

  • Designs are subjective and clients may require multiple ‘versions’ to match what they want
  • It may not provide a steady stream of income.


THE TOOLS YOU’LL NEED:

Tool #1: Use Canvaa or Stencil to knock out graphics like a PRO even if you don’t know your pixels from your jpegs.


INCOME STREAM #4: Market Place Course

How To Make Money Online With Marketplace Courses
How To Make Money Online With Marketplace Courses

Marketplace courses like Udemy and Coursera allow people to create courses and sell them on the sites marketplace.


THE PROS:

  • You’re course might get a lot of customers all at once.
  • Ability to monetize a large variety of tasks / jobs
  • You’ve the potential for huge exposure


THE CONS:

  • Marketplaces can change your prices at anytime without your control.
  • Marketing places take a relatively large cut of the proceeds.


THE TOOLS YOU’LL NEED:

Tool #1: Camtasia. Good quality video content is essential to create compelling courses.

Tool #2: Stencil. Good quality graphics are essential to promote these courses.


INCOME STREAM #3: Blogging

How To Make Money Online With Blogs
How To Make Money Online With Blogs

Bloggers can expect to make about 1% of their average page views. So if you have 100,000 page views per month, you could make about $1,000 / month passively. You can monetize your blog though banner ads, affiliate links and sponsored posts.


THE PROS:

  • You get to talk about the subjects that are most important to you.
  • You retain 100% rights to the content
  • The search engines rank the content and send you passive traffic and sales.


THE CONS:

  • Writing fresh content can take a lot of time and effort
  • Building a list of avid subscribers takes time
  • It takes a lot of work to earn real money


THE TOOLS YOU’LL NEED:

Tool #1: A premium WordPress theme. Optimize Press is superb. You literally drag ‘n’ drop your way to creating a beautiful, high converting blog.

Tool #2: SEOpressor is essential for on page SEO. This ensure you’re page has the correct density of keywords in the right places to attract search engine traffic.

Tool #3: 
Jaaxy is the best keyword tool on the market. You pinpoint long tail keywords that have the greatest traffic potential.


INCOME STREAM #2: Affiliate Marketing

How To Make Money With Affiliate Marketing
How To Make Money With Affiliate Marketing

Through affiliate marketing you can earn a commission by promoting other peoples products. Affiliate marketing varies depending on the type of products you promote. Digital products can have commission rates ranging from 50 – 100% whereas physical products are typically much lower. Affiliates typically earn over $1,000 / month from affiliate links on their website but many of the bigger affiliates can earn over $1,000 / day from their email marketing list.


THE PROS:

  • You don’t need to create your own products
  • You don’t need to handle customer service queries
  • It’s truly hands off passive income
  • There is a huge number of products / service to promote in every niche


THE CONS:

  • To be successful you need to build a highly engaged list
  • It takes time and effort to build a following


THE TOOLS YOU’LL NEED:

Tool #1: You need a top class email marketing autoresponder. I’ve tried them all and Aweber is the best of the lot in terms of deliverability, interface and reliability.

Tool #2: Optimize Press to build your blog 

Tool #3: Stencil to design engaging banner ads 

Tool #4: Jaaxy to attract traffic related to the affiliate products you are promoting. 

Tool #5: You need a place to find products worth promoting. Checkout: Paykickstart, Clickbank, Warrior Plus, Jvzoo and Paydotcom.


INCOME STREAM #1: Online Courses

How To Make Money Selling Online Courses
How To Make Money Selling Online Courses

Online course are perhaps the most lucrative way to make money online. Many online course creators charge between $499 – $999 per sale. Many of the top course creators make over $1,000,000 during ‘launch week’.


THE PROS:

  • You have full control over the content, price and how you share it.


THE CONS:

  • You need to build up your own audience.


THE TOOLS YOU’LL NEED:

Tool #1: Teachable is the essential all-in-one platform you need to launch compelling online courses. Teachables modern platform enables you to add lectures, quizzes, videos, easily build sales pages and even give out certificates of completion. 

Tool #2: You need a top class email marketing autoresponder. I’ve tried them all and Aweber is the best of the lot in terms of deliverability, interface and reliability. 

Tool #3: Stencil to design engaging banner ads, course graphics and promotional materials. 

Tool #4: Jaaxy to attract traffic related to the affiliate products you are promoting.

In summary there are many ways to make money online but course creation is certainly one of the most lucrative. The one tool you need to master this money making strategy is teachable.  Plus successful course creators have earned hundreds of thousands of dollars from every imaginable topic. From music, to mindfulness, to marketing, to health and fitness it really doesn’t matter what you passion is. You can turn your ideas to cash with this step by step platform.

How To Make Passive Income Online

Author: Martin

Martin O' Flynn is the the founder of SystemicMind.com and Peaksoft.io - the Breakthrough Life Management App.