20 WAYS TO EARN ONLINE MONEY: Killing ideas of earning money from home(100% working)

By Mulayam Singh

The internet has revolutionised the way we work. Workplaces and jobs are not what they used to be. Long gone are the days when everything is done by humans, and paper is the only way of communication. Truth is, the digital economy is booming. Over the next coming years, you’ll most likely either be self-employed, making a living online, or running your own online business OR working for someone else who is running their business entirely or predominantly online. We are now entering the era of the ‘Internet of Things’ where almost anything can and will be connected online from waste bins in the streets that will notify the authorities when they need emptying, to wearable devices and smart clothing that will tell you when it’s best for you to eat and when you’re most productive.

• Language: English
• Publisher: BookRix
• Release date: Feb 24, 2019
• ISBN: 9783743896536

Book preview

INTRODUCTION

INTRODUCTION

The internet has revolutionised the way we work. Workplaces and jobs are not what they used to be. Long gone are the days when everything is done by humans, and paper is the only way of communication. Truth is, the digital economy is booming. Over the next coming years, you’ll most likely either be self-employed, making a living online, or running your own online business OR working for someone else who is running their business entirely or predominantly online. We are now entering the era of the ‘Internet of Things’ where almost anything can and will be connected online from waste bins in the streets that will notify the authorities when they need emptying, to wearable devices and smart clothing that will tell you when it’s best for you to eat and when you’re most productive.

For this eBook, we have split the various ways to make money online into 5 main categories:

DIGITAL WORKING

RESIDUAL (SEMI-PASSIVE) INCOME

ONLINE BUSINESS (ENTREPRENEUR)

ONLINE INVESTING

SELLING or RENTING WHAT YOU HAVE or MAKE

Whatever way you choose to begin this journey is based on what you want to achieve, what risk you are prepared to take, how much time you have, how much money you may already have and what kind of income you would like to achieve.

Let’s examine the different ways to make money online.

Digital Working is low risk as you are essentially undertaking work that pays you for your time or output. However, it is also low in rewards as most digital employees don’t make much, compared to the other, riskier options. To do digital working, you don’t need to have specific knowledge, but for some of the other methods we will discuss in this section, it’s essential that you have an area of expertise, such as writing. This option is low risk as it does not require any initial investment, as most sites we’ve mentioned below have no fees. Digital working includes things like freelancing, reviewing music,