In my experience, I have tried many ways in building money online. Many of it failed. But some of them did really worked and saved me several times in my on own financial troubles.
What did I tried and how was it?
Here are several things that I tried that did worked, but not much.
1. Affiliate marketing - This is one of the best ways to earn online. It's just about sharing affiliate links to people with possible interest of the item you are sharing and when he clicks on it and buys through that link, you get some commissions.
This is a nice way, but really I find it a struggle because you need credibility to do this. And building credibility takes a lot of time. I have heard success stories on this one. But please note that they do have a very good credibility when it comes to products they are recommending.
2. Blogging - This is definitely a good way in making money online. But the problem with blogging is that, it takes a LOT of time to build a credible blog. If you are a good blogger then you can probably make a good money after 2-3 months. But if you are less than a writer, make it 2-3 years. But yes, I do get a few dollars on blogging, which is a "true" passive income.
You can read: 5 Reasons Why I Chose Blogspot Over Wordpress for this Blog
3. Adsense - well actually most of what I get from blogging comes from Adsense. So with that in mind, it means you gotta get a LOT of traffic before getting a substantial income from it. But it's better than nothing at all.
4. Selling ebooks - This is definitely one of the best ways to earn some money online. It is a pure passive income. But still getting a good amount of quality traffic, people that are interested on your product may take some time. But over time, this is an excellent way of earning online.
What works best for me?
The above ways are good, but what's the easiest way to earn online is to "offer service". That's really one of the easiest and fastest way to earn online. In my case, I make wordpress sites.
There many kinds of services that you can offer online. In fact if you try to visit Upwork, you will see that website making is just but one of the ways to offer services. You can offer English tutorials, accounting services, design services, writing services, and many more.
There are also translator jobs, editing, encoding, and many others.
When it comes to how much you can make, it will depend on your skills and experience. I know some English tutors who are making as much as $1000 a month. A skilled coder from Asia can earn as much as $1500-3000 a month just working at home. So it really depends on what you can offer and the skills you have.
Action Plan
So what you need to do right now is to evaluate what skills you have. Go to Upwork and scan some job openings. If you are good in writing, try to check the job requirements. See if your skills are good enough. If it is, then open an account, make your profile great, and start applying for some contractual jobs. As you do this, your reputation will also get better in time. As it gets better, you will have more chances of winning more contracts in the future.
There is no reason not to earn money online these days. If you have some skills, develop it and start earning.
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