Monday, April 6, 2020

6 Creative ways to make Money in 2020

  1. Online Classes

Whether you are just starting out or a seasoned professional, there is something that you are good at! People purchase classes on topics ranging from music to coding to organizing their closet. Creating a successful online course could lead to a passive income for years to come. If your course is helpful, complete, and teaches exactly what you promise your students, you can continue selling it for a profit.

Using this skill to make some extra income is possible thanks to platforms like SkillShareUdemy and Teachable.com. Many top experts use this as a lucrative way to earn passive income but you don’t have to be a top expert to take advantage of this option.

  1. Become a Coach or Mentor

If you have experience in a certain area, you might be able to provide your guidance and expertise to others. Areas of focus are virtually unlimited — nutrition, business, happiness, relationship, and everything in between.

  1. Launch an online resource

People have discovered this hidden business opportunity and are already earning from it. Are you an expert in a certain area? You can choose to share your expertise with the world and still earn from it.

Similar to creating an online course, writing an eBook is another way to potentially earn passive income from home. Writing and marketing a bestselling eBook requires some hard work upfront.

If you are not an expert in preparing culinary delights, look for your own niche. It may be selling people work out e-books, you never know.

  1. Leverage the power of online shops

With the likes of Jumia, Kilimall or even Amazon, it has become easy to launch your own customer base on these platforms. There are thousands of people making money from these websites and you can become a Jumia Agent for instance and sell your products through them. The advantage with these online platforms is that you don’t need to do so much aggressive marketing because these stores have already established themselves as the best.

You just have to sit back and watch your money grow while in the office.

  1. Launch Your Own YouTube Channel

Your topic area can be literally anything. From pranksters filming their antics, to chemistry teacher sharing their how-to videos, anyone can make money from YouTube.

  1. Become a Freelance Writer

Freelance writing can help you earn money from home on a steady and consistent basis. If you build up a client base and write new articles each week, your income could potentially replace your full-time job.

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