In multi-level marketing programs, the sales force is rewarded not only for the sales they close but also for sales by people they’ve recruited to the program, though always beware pyramid schemes that are discugised as multi-level marketing programs. Generally speaking if recruitment and intiation fees are better paid/rewarded than sales it’s likely a pyriamid scheme.
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Larger companies can hire an agency or full-time staff member to run their Facebook and Twitter accounts, but small businesses often have to handle their own social media marketing. With so many responsibilities, business owners are often too busy, overwhelmed or undereducated about the importance of social media to spend time developing and implementing a great social media strategy. As a consultant, you can help them determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.
Seek a payday loan or title loan as a last resort. Companies that offer payday and title loan services are commonly available, and can be a way of making quick cash. However, these typically offer extremely high interest rates (sometimes with percentages in the hundreds). If you cannot pay the loan and any interest back within the stated timeline, you risk even higher interest costs or, in the case of a title loan, the loss of your car. Avoid these types of loans in all but the most dire circumstances, unless you are certain you will be able to pay the loan back.
You offer the products for sale, for example, on your blog or e-commerce website. Each product has a unique link that tracks back to your account with your affiliate partner. A prospect who clicks on the link is taken to your partner’s shopping cart for checkout. Once they buy, that purchase is recorded and you receive a commission. It varies depending on the affiliate partner, but is generally 5 percent to 25 percent, or 50 percent or more with digital information products. As you can see, there’s little risk on your part and virtually no investment needed either.
If you’ve ever wanted to try real estate investing but don’t want to deal with all the stress of being a landlord, you might want to consider investing with Fundrise. Fundrise is a new platform that allows you to invest directly in a real estate portfolio that a team of professionals identifies, acquires, and manages on your behalf. With a starting investment as small as $500, you get exposure to dozens of solid, value-producing assets.
If you’re trained in a marketable skill — like graphic or web design, SEO writing, or video animation — to the point where you can bang out the work in your sleep, you can make a pretty quick buck with it on Fiverr. Whether it’s the best long-term strategy for your freelance career is debatable – and it’s one of the least lucrative gig economy side hustles out there – but that’s not the point; the point is that there’s the potential for earning money quickly.
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No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so that you can make more of those.
You’re already broke, and your car just conked out. Or maybe you’re cash-strapped until next week’s payday, but you’re short on rent, can’t make the minimum payment due on your credit card bill, or simply forgot you need to chip in for a birthday gift. When you’ve run out of money, there’s an endless number of reasons why you might need cash – quick.
When I started my first online business back in 2008 (GreenExamAcademy.com, formerly IntheLEED.com), the idea was to help aspiring architects pass the LEED certification exam. I hardly spent any money at all. All I did was start a blog, which at the time cost $6.95 per month for webhosting, and I used Bluehost. (As most of you know, I’m a big fan of Bluehost. And, because I have an affiliate relationship with them, you can get your business website going for much less than where I began, starting at only $2.75 per month!) [Full Disclosure: As an affiliate, I receive compensation if you purchase through this link.]
Honestly, however, this may not be very realistic for a lot of people. I wouldn’t count on this if you’re trying to make your rent, and you’re putting all of your eggs in one basket. First, someone has to look at your location and listing photos and say, “Sure, I’d like to stay there,” and that may or may not happen within a month. It may never happen.
Earnest (refinance your student loans): Same idea as above but on your student loans. There is $1.4 trillion in student loan debt outstanding. When you have student loan debt, it can make it hard to get ahead, invest, or to buy a home. If this sounds familiar, refinancing the debt can not only help you pay it off more quickly, but it can save you money on interest too.
First off, I’m a blogger so it seems wrong not to mention it, but more importantly, it’s a legitimate way to make money. It’s quite possibly the least straight-forward way on this list, but it’s very doable and it’s also quite possibly the funnest way on this list. I love blogging and I know hundreds of bloggers who feel the same. So let’s talk about making money blogging and what it really means.
How to Get It: Customer service is the biggest work-at-home field, with companies including Spiegel, Hilton, Best Western, HSN, 1-800-FLOWERS and many others using at-home reps. Fill out an application with staffing companies such as Arise, Alpine Access, VIPdesk, LiveOps, and Convergys, all of which vet the companies who are hiring through them. If you need benefits, search through a staffing company that will hire you as an employee (Alpine Access, VIPdesk and Convergys do this) rather than an independent contractor. If you're a contractor, you may be asked to pay a small fee (between $15 and $35) for a background check. While a fee can be a sign of a scam, independent contractors are responsible for their own expenses.
Starting an Etsy shop is completely free, and they provide tons of support and training for sellers. This includes an online marketing training course that even covers the basics of SEO. An Etsy store can be started as a part-time business, and then become your full-time gig when you're earning enough from it. The top sellers on the platform often sell over 1,000 items from their store every day. Yup, that’s 1,000 items every single day.
How to Get It: You can apply directly through the companies, such as Stella & Dot, a jewelry company that had over $100 million in sales in 2010. A few other good ones include Avon (household and personal care), The Cocoa Exchange (chocolates and more), and Alice's Table (flowers). You can also visit the Direct Selling Association website—all the companies listed there agree to abide by a code of ethics, so they only offer legitimate opportunities. Typically reps make a small investment to get started (this is a legitimate and standard practice), and sometimes pay a fee for the merchandise being sold. After that you can work as much or as little as you want, and see profit based on how much you sell.
ThredUP sends you a free Clean Out Kit to fill with all the gently used, on-trend clothes you no longer wear. They'll take care of everything else, including professionally photographing your items and listing them on the site. You receive an upfront payout once the items are processed, or if it's a unique item, you'll be paid once it's sold. Payouts are offered in the form of ThredUP store credit or donation to a cause, or you can transfer the cash to PayPal.
Create a stylish and functional website. Elegant or funky, classical or hipster, your online store should reflect what you’re selling. No matter what your style is, it's important to give off a professional air. Since you won't be able to earn people's trust in person, your website will have to do the selling for you. Your site should be engaging, and most importantly, easy for customers to use when they're ready to make a purchase.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
Overall, the Internet itself is overflowing with one money making opportunity after another. While making money online for most people isn’t their primary source of income, it can net a very solid supplement stream of incoming dollars each month. There are some online entrepreneurs, however, that are managing to mine gold due to all the effort, persistence, and time they’ve invested in order to make that dream come true. Can one of these online money making options work for you?