The internet has opened up a vast range of opportunities, both good and bad, to earn money online. Many people have made lots of money by selling goods and services on the web, while others have fallen prey to deceitful scams that only want to take your hard-earned cash! Before you sign up, you must check reviews in order to avoid scams. You can check out reviews on sites like Netbooksreview.net.
If you’re looking to make money online without investing any of your own cash, this article has got you covered!
We’ll look at seven ways you can earn money online without an initial investment, as well as what to look out for when trying to pick a reliable and trustworthy method.
Start a blog
A lot of people are under the impression that you need capital (e.g., startup capital, a website or domain name, or any kind of seed funding) in order to start a business. This is false—in fact, it’s illegal for any venture capitalist or bank to ask you for capital as a prerequisite for their help! The easiest way to get started earning money online is by building your own website on a platform like WordPress and creating an affiliate marketing site. Yes, it takes time and work up front, but you don’t need anywhere near that amount once your site is up and running. There are many free services available that will help if you’re willing to put in an hour or two of work on daily maintenance tasks each week.
Use your social media accounts
The most obvious (and free) way to make money online is via social media. Some social networks like Twitter, Facebook, and Instagram allow you to run promotional giveaways in order to create buzz, gain followers and collect likes. In exchange for allowing your followers access to a product or service for free (or at a discounted rate), most social networks require that you share some of your revenue with them via monetization platforms like Seesaw or Bidvertiser. You can also sell advertising space directly on your social media pages. Remember that users don’t care about how much you earn, so steer clear of anyone offering you a get-rich-quick scheme on one of these platforms; they’re probably trying more than just one strategy!
Work on your own website
If you want to earn money online, start a website that’s authoritative and useful. There are two ways of making money: either by selling your own goods or services, or by promoting someone else’s. A lot of people already have their own blogs on WordPress, Tumblr etc. If you don’t want it as a full-time thing, focus on providing value and collecting an email list; when you have enough followers (e.g., 1000+), you can start earning through advertising revenue sharing—Google AdSense is one of many great platforms for doing that!
Start a YouTube channel
Building a YouTube channel is an interesting way to turn your hobby into a career and to earn some income. Today, there are over one billion monthly active users on YouTube, and in most countries, it is among Google’s most visited websites. If you have even a fraction of that audience, you can start earning some cash. You won’t get rich by posting videos alone—it takes effort and planning—but it can be a profitable venture if you know what you are doing (check out our post on how to make money on YouTube for more information). Whether it’s filming yourself talking about stuff that interests you or running ads before your videos, there are many ways of making money with YouTube videos.
Create an app
Apps are a great way for beginners to break into web design and earn money online. You don’t need any formal education in order to get started and you can create apps using many of these courses. For example, people with little or no experience have created successful apps with Treehouse, including a web designer who turned her side project into $30K/month. And by building an app, you don’t need an initial investment either. You can build a simple app for Android or iOS and upload it on iTunes or Google Play for free.
Complete surveys and quizzes
This might seem like an obvious choice, but it’s one of my favorites. Sites like Survey Junkie will connect you with companies who want your opinion – and are willing to pay for it. Surveys may not be a good fit for everyone (sometimes they’re really long and have high minimums), but they’re easy enough that if you can commit five minutes here and there, you’ll quickly cover your requisite 500 in cash. And at $0.50/survey, it won’t take long to start earning some real cash on surveys alone! If you’re looking to get even more serious about making extra income on surveys, check out Pinecone Research or Survey Club. These services will connect you with exclusive deals from top brands in exchange for your feedback!
You could also answer emails for companies. You may not be too happy about it, but others will definitely appreciate your help! There are websites that connect people looking for answers with those that have time on their hands. Sign up and make some extra cash. This is an activity that you can do while watching TV as well! And how much will you earn? It all depends on how good you are at answering questions. A new user earns around $3 per day, but if you can prove your worth, it’s possible to get up to $15 a day doing this!
Participate in focus groups
Participating in focus groups allows you to voice your opinion on new products and services, while getting paid. It’s a great way for companies to get customer feedback, especially if you live in a more rural area. In fact, one of my friends makes several hundred dollars every month doing focus groups. And she doesn’t even have kids! Check out our post on how much it costs to join focus groups and what are some ways I can make extra cash from home .
Sell products on eBay
Selling products on eBay is a great way to get started selling things for profit. But it’s not so easy, right? You have to have all sorts of information about your product, how much you paid for it, where you bought it and so on. Not only that but there are other rules and regulations you need to abide by in order to become an eBay PowerSeller and make decent money from your sales. I won’t go into all of those details here because I just want to show you a simple way that even if you don’t know much about eBay, how businesses work or how eCommerce works – is still able to sell products and make some serious cash.
Start your own business
Starting your own business is one of the best ways to make money on your own terms. Many successful entrepreneurs say that it took months or even years of attempts and false starts before they were able to launch a profitable company. So don’t be discouraged if you don’t find success right away. Keep at it and make sure that when you start out, you have a realistic plan in place that allows for short-term wins while also helping you build toward long-term goals—not only are short-term wins easier but they’re also more likely as compared with long-term goals, which many people lose sight of as they get farther along.