How to Make Money Online Without Quitting your Job
Are you looking for something that will add a few coins to your wallet? Do you want to be a part of the millions of people earning a fortune online? This article will take you through some of the best ways to do just that.
We have all heard of these motivational stories of how different people have made success online. Marketers will tell you that your success is just around the corner. Yes, they are right and the good thing is, you don’t have to look very hard. What works for you might be closer than expected.
Not everyone is cut out for the 9 to 5 work routine. Surprisingly, now more than ever people are embracing working from home and looking for easy ways to earn money online. The urge to quit your job might be so strong that you eventually do.
You have all these materials and articles that are supposed to guide you to the next chapter of your life. The problem is that most people have all the information but implementing it becomes a challenge.
Everyone including our parents will tell you hard work pays, hustle, toil. Sure, their intentions are pure and they want to see us happy. But are you happy with your corporate job?
How Can You Earn Extra Cash Without Quitting Your Day Job?
To many, financial freedom is their goal. While others are looking to be free from a job that they are no longer passionate about. They want a scenario where they can go where they like, with who they want, and most importantly, not be required to write endless reports regarding every move they make.
But before making this decision, you will need a plan. Sure, you might decide to jump ship and quit your job. The first weeks might be smooth and you will enjoy all the freedom, I mean nothing beats sleeping in and waking up whenever you like. But once reality kicks in, that is where panicking begins. All this can be avoided.
For starters, do not quit your job especially if you do not have a way of paying your bills. Making money online can be your side hustle. Remember, becoming a billionaire through online jobs is highly unlikely but making millions of money and becoming rich is achievable.
Come up with a way you know will work for you, and formulate a plan clearly stating the amount of time dedicated to the plan. Do not be discouraged by the many people who have already ventured into your idea. If you work smart, you will be at the top of the game.
And one last thing, start small. There is always a starting point and this means overcoming all the challenges. Before overburdening yourself with all the things that need to be accomplished, set less targets. For example, start with a target of $100 as you work yourself up and know that along the way there are going to be bumpy rides which you will overcome by not giving up.
1.Start an Online Day Trading Business
Jeremy Delk has inspired a lot of entrepreneurs around the world. Currently being among one of the most successful people all thanks to day trading. He started small and was the worst in this field at some point.
It all started with him taking a $30,000 worth inheritance from his dad on his 18th birthday. Right now, his portfolio is valued at over $ 1.2 million by day trading stocks. His ride to success has not all been smooth.
After taking his inheritance and investing in day trading, he started making profits. He was so confident of himself and the little business he started that he took a loan worth $800,000. At only 22 years old, he was making so much more than his lecturers would make in a year.
Shortly after, he lost all that money including the inheritance he got from his dad. For Jeremy, this was a lesson and he took it as a stepping stone. When the market stabilized, he came back into the game, becoming one of the top trading houses in the country.
From his business, he generates over $100 million per year. His advice to aspiring entrepreneurs is to always start small, follow your passion, and also learn the game. According to him, success does not come overnight, it takes time and having the right mindset.
Also, you have to be persistent, especially for a risky business. One that you have placed all your capital and are unsure of. He also pointed out that making money online is not simple and the risks involved are great but by being smart, anyone could make it.
For Jeremy, opening an account with either Fidelity, TD Ameritrade, or E-Trade gets you on the right track. He urges people not to take unnecessary risks.
2. Start an ECommerce Business
The good thing about E-Commerce is that there is a wide range to choose from. From starting a dropshipping business, selling items on Amazon as an FBA store to setting up a Shopify store and selling items from there.
Take the example of Jaime Cross, the founder of MIG Soap, a stay-at-home mom raising kids and struggling financially, who searched for years what she could do to earn some money while at home.
Things were so bad at home financially that she had to borrow money just to get money to buy groceries. Then one day when she was sleeping she had a dream in which she saw herself mixing soaps.
Seven years later, she has a successful business where she sells handcrafted soaps online which are natural and organic while making millions. According to her, the chemicals used to make many soaps are not good for our skin. That is why she came up with the idea of making organic soaps.
Her soaps are so natural and healthy and can be eaten. Sounds impossible, right? But her journey and creative mind have made all this possible. To her, many people lose hope after a few attempts rather than put in more effort even after failure.
3. Venture into Networking Marketing Fray
To many, networking marketing may sound a little bit weird. But believe it other people have found their success on this platform. Others are even earning an eight-figure salary from this venture.
Ray Higdon, the founder of Rank Makers, is one of the most known successful network marketers in the world. He has recruited over ten thousand people and has served over a hundred thousand network marketers.
Like everyone else, his idea was to make extra cash without leaving his 9 to 5 job. He found out that he could make networking marketing work. From that, he used social media to advance and made it the main platform that recruits others.
The videos that he has been making for 9 years have assisted him to attract more people. Ray Higdon says the most fulfilling part of his business is not only making money, but also the feeling he gets when he helps people.
It does not matter the method you choose to make money online. What matters is giving it time and having a unique way of doing things that will make your idea stand out.
4. Start a Small Consulting Business
Now more than ever many people are considering online services. This means online consultations and coaches. Interestingly, it does not take much time and can be done even when you are in a corporate job.
Businesses are looking for all possible means to ensure their enterprises do not make losses. So, they are willing to part with some dollars to hire consultants to give them advice.
First, you need to learn everything there is to learn in your field. The more your work is attention to detail, the more you attract clients and get referrals. A business will keep paying you if they get positive results. So, ensure your work is spot on.
Katie Richardson, who is now a full-time coach, once started a business with her husband Ben Richardson that dealt with tutorials on washing a newborn. But after a while, she took a different path. She sold the company and decided to be a life coach.
She decided that her target audience would be women earning a six-figure salary and would want to earn some extra money. Her goal is to empower women to grow.
5. Build a Website or Form Sale Funnels
This is another way to earn money without quitting your job. Yes, it can be challenging especially for a beginner. You might be forced to do some odd jobs without pay. But once you get used to it, you will be able to earn up to $1,000 per month or even more.
Building websites will entail everything from maintaining and updating to managing the website. This platform is very competitive and you will need to be the best to make it work and also attract possible clients.
6. Consider Selling Digital Courses
Learning has been made so much easier through the internet. Now through digital courses, entrepreneurs, and lecturers, do not need to appear physically in a class. What is more convenient in this venture is you don’t have to be an expert. All you need is to have materials ahead of the class.
To have a profitable venture through this, understand your target audience and what they need and come up with the best marketing skills. You can build digital courses through Teachable, Karta, Kajabi, and many other platforms.
Beware of platforms that are costly and can exploit you. For instance, they can easily convert your $200 to $10. These happen because you have no control over the discounts and promotions.
A platform like Udemy is not ideal for people who put up more of their hours making the courses. That is why it is always advisable to have a platform that you can use to build the courses and market them on digital webinars.
7. Start a Blog
Starting a blog is one of the simplest and most profitable businesses you can do online that does not require a professional writer. Know your target audience and be patient since gaining followers will take time.
Your blogs have to be consistent and catchy. And in no time, you will be able to earn passive income from your blogs. Here is how to start. First, select a topic, do extensive research and ensure the topic is meaningful and does not offend people.
Topics to do with relationships, wealth, and health is a good way to start. Do not be carried away by trends. Use the blog to sell products and services that are related to your blogs.
8. Create an Ad Agency
There are many platforms to earn from once you start an ad agency. These sites include Instagram, Facebook, YouTube, and Google to name a few. This account can be run from home or at the office doing away with the need to quit your job.
All you need is to learn how an Ad Agency is created and run. This has been made easier by all the sites that provide training services online, some of which are free. YouTube has free videos of such courses.
Access to materials has been made easier through the internet. Now you can get any information, service, or product with just a click. If you have been looking for an online business, the above ways should give you some ideas on what is marketable at the moment. Surprisingly, you might end up quitting your job entirely due to the huge profits.