How To Make Money Online With 13 Passive Income Side Hustles!
So let’s talk about something I think pretty much everyone wants to know, how to make some extra money with your laptop while sitting at home.
But don’t worry, guys, I’m not gonna be suggesting you spend hours watching ads, testing websites, or filling out those useless online surveys.
They only pay a few dollars anyway, what’s the point? Instead, I’m interested in the big bucks. So I’m gonna be grouping all my favorite online side hustles into four tiers.
Of course, the faster you progress through those tiers, the more money you’ll be able to make. I’m talking about generating at least a $1,000 a day if you reach the top tiers.
So let’s start with the base tier. These are things you can just get on the start and do straight away without any skills. They’re all about generating that fast money.
So the first idea I have for you is flipping Instagram theme pages. These are pages that are focused on specific subjects. When I first heard that you can make money from flipping these, I was quite shocked.
Back in my day, I had to buy actual physical products like cars, but now this actually makes complete sense. Just think about it, when was the last time you scrolled on Instagram and didn’t see a sponsored post?
They’re everywhere, aren’t they? This just shows brands are putting loads of money into Instagram adverts, which makes the pages more valuable.
If I were you I’d only buy pages with active followers and continue to grow them by posting regularly. I would pick a car-theme page as I used to race cars myself. So I know the niche has a big demand from advertisers. Here’s my old crash helmet, custom painted with my logo till both lines even. Great days.
Next up is selling on items on Facebook marketplace. This is such a great way to sell things without having to deal with postage or selling fees.
Recently, I had my backyard ripped up as we’re having a total redesign, and I was left with 400 heavy concrete slabs. Now I could either pay to have them taken away and dumped for me, or find some alternative option.
And you know me, I don’t like wasting money. So I put them up for sale on Facebook marketplace. I thought it’s got to be worth a go, isn’t it? Later that day, my phone exploded with message from people who were over my area, asking if they could come and get some of my slabs.
I couldn’t believe it. People came and removed my garbage, and I didn’t even have to lift a finger. The best part of all though, I made an extra $650 that day.
A more long-term example is selling vintage clothing online, and one of my friends does exactly that. She finds them through poorly advertised eBay listings.
And you can do a similar thing by using a website called Typo Hound. This is really cool because it looks through all of the misspell items on eBay.
So you can buy with a lower competition, and get a great bargain. She cleans the clothes and does any repairs needed. Then she dresses a mannequin so she can take great photos, and she posts them on social media.
You know what? It’s so successful, she struggles to get enough clothes. So, if I could sell dirty paving slabs, and my friend can sell secondhand clothes, I’m sure there’s something in your house that you can sell and start making a profit.
Next up is the mid tier. This is all about going out and selling your skills.
These online side hustles require more upfront work to begin with, but as you develop your skills, you’ll be able to charge a lot more than the average person, as you’re providing more value, and this of course equals higher pay.
One of the things that comes to mind is being a social media manager for small businesses. I’ve actually just hired someone to help me post more on my Instagram.
The person I’ve hired is great. She’s able to look at the graphs and the numbers and tell me how everything’s performing. All I have to do is supply the content, and the rest is all taken care of.
I found my social media manager through her own page, I could see how passionate and talented she was, and after a quick chat, I knew I had to hire her.
So if you wanna stand out, it’s probably a good idea to imagine you are your first client, by marketing your own social media accounts. If you spend time learning how to maximize your accounts, then you’ll be able to offer your future clients a much better service.
As you start working with more businesses, you can slowly up your prices, and before you know it, you’ll be making more than $150 per day.
Over 600,000 new businesses are started every year in the USA, and guess what? They all need a logo. So if you’re a creative person, why not learn how to use photo editing software then you can use your skills to make money online through freelance graphic design?
For this type of work, no one cares about your school grades. Instead, your past work acts as your qualifications. So it’s really important to build a great portfolio to seal the deal with your clients.
When hiring someone new, I feel more comfortable if they offer their services for free, as it reduces the risk for me, and gives them a way to build their portfolio. I know that working for free sounds like a waste of time, but it’s a great way to check out the competition, and also see how to price your services.
Once you have a solid portfolio, you can either go directly to your clients, or offer graphic design services on websites like Fiverr, that already have a huge marketplace. If you’re good, there’s no reason why you couldn’t be earning $150 per day in your spare time.
How about this next one? When everything locked down in early 2020, my son’s girlfriend had a great side hustle as an online tutor, and is still going strong today.
Before the illness happened, I probably wouldn’t have added this one to the list, as most people wanted in-person tutors. However, I really think the world has changed.
If you’re talented at a particular subject it may be a great option to teach it online. She advertised her services on Facebook, and before she knew it, her DMS were full of potential clients.
So if you find the right Facebook groups the demand is sky high. The great thing about doing it online is that you cut out all the travel time, which means you can work with more people and earn more money.
You also don’t have to just work for people in your local area, as you can teach anyone anywhere in the world. If you’re doing this in your spare time, you should be out to expect a good $50 plus per day.
If you enjoy writing, then maybe you should try copywriting. This is the art of selling a product through writing. This is like being a sales person, but reaching out to everyone. You can write sales pages, ads for Facebook, email newsletters, the list goes literally on and on. And the more you specialize in one specific area, the more you learn.
I first learned about the art of copywriting when I read an amazing book called “Breakthrough Advertising” by Eugene Schwartz. This book currently sells for over $200 a copy, and is considered the holy grail in the copywriting world.
This just proves how in demand copywriter services are. If your writing is able to convince lots of people to buy, then you’re able to justify charging really high prices as effectively, you’re paying your own wages. This couldn’t be more true than for the guy who took three weeks of studying, to come up with the winning concept for a Rolls Royce advert.
The final headline read, “At 60 miles an hour, the loudest noise in a Rolls Royce comes from the electric clock.” It took him a while, but he managed to find a golden nugget that people still remember to this day.
His skill with copyrighting made him a small fortune. Now, no business can survive long without a good website these days, and most people are lacking the skills all the time, to build one themselves.
So if this interests you, then why not sell your web design services? I know two teenagers that decided to take up web design and they went in two totally different directions. One decided he’d use website builders such as Squarespace, which means he only had to edit really simple templates to build a basic site for his clients.
The other decided to code bespoke websites from the ground up, for larger clients that wanted something more original. Now, both are very successful at what they do, but they serve entirely different markets at different price points.
You’d get paid more for bespoke sites, however, this takes a lot more time to learn. If you like something a little bit more simple to pick up, then video editing might be for you.
If you have a computer, then you probably have some video editing software. Apple Macs are great because they come with iMovie. Filmmakers are often looking for people that can edit their videos quickly and to a high standard, as this means they can take on more filming jobs.
I know this, my son has actually hired an editor to help him with projects, and he’s also looking for a few more. There are also a lot of great YouTube ads out there that need help with this, and it’s a great way to build good connections.
The most important thing is you’re able to produce good edits quickly, and are able to stick to a deadline. Being trustworthy and reliable really makes you stand out and get more clients.
Now for the Alpha Tier. This is all about taking a few of the skills we’ve already mentioned and combining them. Think of it a bit like Minecraft, as you’re taking the raw materials which are the skills, and crafting them into something more valuable.
This is really the point when you can start generating some passive income. An easy way to get started is we have an E-commerce business like drop shipping or Amazon FBA.
Neither of these require you to have warehouses like me, so you can get started with just a laptop. These types of businesses seem to get a lot of height, as people think that they’re all about selling cheap and shoddy products from China.
The truth is that nearly everything you buy is made in China these days, and most is of a pretty high quality. But unfortunately, you only ever seem to hear the horror stories in the scams.
You don’t need a lot of money to start drop shipping, if you don’t have to buy any stock, but one thing you do need is good digital marketing skills to make your products that you’re selling stand out from others in an extremely competitive market.
Lots of people don’t take the time to learn these skills and they just go for it with drop shipping, because they see people like Biaheza making fortunes and they think anyone can do it. The truth is it’s like anything. It takes time and commitment.
Now let’s get into creating and selling digital product, as the profits you can make are much higher.
A friend of mine created a bundle of templates for Instagram, and she sells them for $30 per download. Last year, she made a quarter of a million dollars, now that’s pretty amazing.
A digital product could be many things from these Instagram templates to eBooks and online courses. If you invest your time making these, then you can sell them year on year, and never run out of stock.
If you don’t wanna sell your own products, then why not just sell someone else’s? This is known as affiliate marketing.
An easy way to get started with this, is to create a simple unboxing video on YouTube. Loads of people love these videos. Just look at Unbox Therapy, it’s got over 17 million subscribers.
The key here is to reach out to companies and get an affiliate link. So whenever someone chooses to buy through your link, the company will pay you a commission in return.
For the upper tier, the main goal this stage is to build your own brand, as it will last the test of time. My focus was to create a machine that delivered as much value as possible for as many people as I could.
I did this by launching my own product range. I took the designs I drew as a kid, and turned them into products I could sell across the world.
By making your own brand, you can stand out from everyone else, and also have a scalable business that you can sell further down the line. Here’s one of the products I designed, is actually the most popular model aircraft in the UK today.
I had to travel around the world to find all the parts and a manufacturer to make it. You can easily invest more than two years into developing your own brand before you see any sales, so it is a long-term commitment.
I’ve been following Ben Francis’s journey with his brand, Gymshark with great interest. Less than 10 years ago, he started making his own gym clothes from his home, with a little sewing machine as an online side hustle while he was delivering pizzas for Pizza Hut.
He’s now managed to turn Gymshark into a huge business. Your brand could be anything from radar control models, clothing, or even some kind of app.
I’m sure that Ben never imagined that it in a shorter space as 10 years, he’d be the owner of a billion dollar brand. Maybe you could be the next, and it all starts with a side hustle to earn passive income.
If you want to know how I invest my money in stocks, ETF’s and index funds, gain access to educational materials, and the world’s greatest community of investors to help you invest — better. Join the Insider weekly newsletter for investing. https://sendfox.com/insider
Make sure to subscribe if you wanna grow your wealth.