1. Take advantage of your existing skills and create stuff or offer services
If you have the capability to offer a service that is in demand, such as copy-writing, translating, graphic design, coding et cetera, then chances are that you can develop a big customer base by freelancing. You can take on projects when you have extra time and make some money.
- Do research before you commit time to something
- Develop your skills if you need to
- Be professional and make sure that you always do your best and listen to your customers needs
- As a freelancer your name is your brand -- treat it with respect
How to be a freelance artist
Self discipline to work from home
Freelancer Portal -- Keep in mind that this might not be the best place for you. But it could be a good place to start.
2. Look for great deals and make money flipping items
If money is on your mind, then why not make use of that? By flipping items on eBay or similar sites you can make some quick bucks. You'll be looking for good deals constantly and try to offer the best deal to other customers. The more money you have the more you'll make, you bulk buy and sell off the items for a nice profit.
This is very simple in theory, you'll figure out how much your time is worth. If you have a job, what's the rate per hour there? Your goal is to make more than that. Let's assume that I can buy 50 hoverboards for $120 per hoverboard and sell those for $199 per hoverboard. That's $79 per hoverboard sold, but that doesn't automatically mean that I will make $3,950 with no effort.
You need to do research on the market before you commit your time and money because you don't want to be stuck with 50 hoverboards that you can't sell. By following trends and staying ahead of time you can make some serious money.
- Always follow your countrys taxation laws because if you break the law your efforts will go to waste
- Don't rip your customers off, make sure your products have the quality that customers desire
- Take risks -- but don't get yourself into bankruptcy
3. Do things that people don't want to do
This one requires you to be very creative, but it could be very rewarding. People hate chores, they don't stimulate your brain and they are timeconsuming. That's where you come in.
How are you going to make money doing this? Build a huge customer base! Have people subscribe to your services and be efficient. Surely, you have chores yourself, so why would you do other peoples? Well, it's actually going to be a great variation of stuff that you'll be doing. And you can charge pretty much money and still have enough customers.
It's hard for me to tell you how you're going to do this though. You will have to be reliable and responsible enough so people will trust you enough to pay you to do their personal stuff for them. You will have to build up a great reputation and be creative and take feedback from your customers. But once you've started up your "taking-care-of-chores"-service, you'll make easy money.
Imagine making $50 an hour by being effective and doing this simultaneously. That does sound like easy money.
Thank you for reading part one in our series where we teach you how to make easy money. Stay tuned for more great tips.