Top 5 ways to make money online

Make Money Online: How I Created a Six Figure Income Giving Away a Dead Guy's Book


  1. Freelance websites

These offer all sorts of jobs in virtually any field you can think of. Ok, except practising medicine and law… you could land a job of your dreams with a high pay. You could check out Elance and/or oDesk to see if there are any that interest you.


HOW TO MAKE MONEY ONLINE: Learn how to make money from home with my step-by-step plan to build a $5000 per month passive income website portfolio (of 10 ... each) (THE MAKE MONEY FROM HOME LIONS CLUB)

2. Publishing websites

Publishing websites are the bet for freelance writers. What I like about them is that you get published almost instantaneously and you can write on anything you like including poetry, reviews, news, politics, recipes, personal experiences and so on. Different websites work differently in terms of payment and how to post your articles. My personal favourites are Helium, Wikinut and ExpertColumn.


3. Blogging

People are known to make massive cash blogging. To be successful, you need to find a niche you are comfortable in and blog away. The catch is to create catchy contentment that will drive massive traffic to you blog. The content also needs to be relevant. You could then use Google adsence or the pay per click advisement. You could also use affiliates programs. The best part is that you do not need any extra capital as there are countless free blogs out there.


4. Sales

You could sell goods or services online. This can be through an affiliate program or you could open up your own online store.

Make Money Online - 97 Real Companies That Pay You To Work In Your Pajamas

5. YouTube
You can create viral videos or many videos that bring you good traffic from YouTube users.

“Video makers can earn money from advertising via the site's partner programme, a scheme aimed at regular uploaders with big audiences. Basically, this means you share in the revenue generated when people watch. Partners must agree to YouTube allowing "relevant" adverts to be placed alongside, and even within, their videos and earn money based on a combination of "impressions" (views) and "clicks" (how many people click on the ad). "Pre-roll advertising" – those often annoying ads you have to watch before the video starts playing – can be particularly lucrative, as advertisers are willing to pay more. All of this means the amount of money you can earn will vary dramatically. However, YouTube insists that "partners will always get the majority of the [ad] revenue". There are more than 20,000 partners worldwide. While the site wouldn't disclose how many there are in Britain, it claims it has seen a "seven-times increase" in the number of UK partners earning more than $10,000 (around £6,460) a year, plus a 154% increase in revenues received”.

How freelancers make money online

This is what freelancers need to know before they sign up to a freelance website

There are numerous freelance/freelancing websites out there. Most of them, if not all, pride themselves as the best outsourcing and freelance website for all forms of businesses. I have personally tried a few of them. I must say, they are indeed a global workplace. Since I started work as a freelancer, I have learnt a few things: 

FRAUD

Always beware of fraudulent activities. These may a times be presented as projects by prospective employers or buyers seeking freelancers. These projects are usually fraudulent in nature but a new freelancer may not realize this in good time. A pointer that one can use to check whether the said project may be fraudulent is by looking out for disputes especially in the payment method at the very beginning.  You may also realise that these projects always tend to offer very little payment as opposed to the workload. If you also find that the project description as advertised does not match the actual work, there is a high probability it is fraudulent.  Most of these jobs come as data entry jobs or easy typing jobs.

GENUINE EMPLOYER/BUYER

If an employer is genuine, they will not ask you to log in to another website to start work before engaging you on a contract from your freelancing website. A genuine employer/buyer will always guarantee the payment by giving you an upfront payment of by funding the escrow account. If the freelancing website offers an escrow account, e.g. Elance, my advice is not to start on any work if it has not been funded. If however, the website does not offer an escrow account, e.g. oDesk, insist on an upfront payment. If the employer says they do not offer upfront payment due to bad experiences in the past, then, look into their profile feedback. You may be able to draw your own conclusions by seeing what other freelancers have to say about that particular employer.  If there is no feedback, insist on an upfront payment. An upfront payment can be a percentage of the total project amount.

Make Money Online - 97 Real Companies That Pay You To Work In Your Pajamas

ACCOUNT CHARGES

In my own opinion, a freelance website should ideally be free. However, some of these websites offer different membership plans with different charges according to the user’s preferences. These range from free accounts to premium accounts. Premium members tend to pay the most and also tend to have the best services offered by a particular website. An example of a website that is completely free is oDesk. It is free to join, bid on projects and accept contracts.  The only fee payable is a percentage of the project amount. Elance operates more or less the same except, it offers different membership plans and fixed prize projects have guarantee payment unlike oDesk. A site like freelancer charges the users on almost everything. There free account is actually the most expensive account. You get charged a fee for accepting to work on a project; this is just a rip off. What if the employer never gets to pay? Does that mean you will pay for a job you never got to do? This is why I personally found myself losing money instead of making it. What a shame. Perhaps I need to learn how to use the site and make profit instead of losses.