The internet has opened up many new possibilities for entrepreneurs and investors, whether they are looking to make some quick cash or set up a long-term, sustainable source of income. Many people make the mistake of thinking that any money-making opportunities online are scams, and while there are definitely a lot of scams out there, there are also numerous legitimate ways to earn money from your computer.
Being able to differentiate between these legitimate money-making opportunities and the get-rich-quick schemes which ultimately lead nowhere is the key to making the internet work for you. Some people are looking to set themselves up so that their computer generates all the income they need. Others are looking for something to supplement their regular income. Whichever camp you fall into, it is important to understand the nature of online money-making opportunities.
In this guide, we take a look at some of the easiest, most common, and legitimate opportunities available to anyone willing to take the plunge. Remember, if something sounds too good to be true it probably is and you are unlikely to make serious cash instantly. With patience and practice, however, you can cultivate an online income source that will generate decent returns.
Apps open up a plethora of possibilities for making money. Learning to code and produce your own apps will obviously take time, but the potential returns are enormous. Websites such as Code Academy will allow you to start learning a programming language for free from your computer and this is a skill which can easily be monetised.
As well as producing apps yourself, there are a variety of options for apps which already exist and which can generate money for you. A prominent example of this is ride-hailing services such as Uber and Lyft. If you have a car and are willing to put the time in, then these are an excellent way of generating some extra income. Making a full-time wage from apps like Uber and Lyft is difficult but possible, although they are better suited to supplement a full-time job. They do, however, allow you to work as many or as few hours as you like, so it can easily be fitted around other activities in your life.
There are other apps, such as moneybox, which can be used to save money and can automatically invest a small amount of money for you. Apps like these won’t generate any serious income for some time, but as a long-term investment, they are a great way to maximise your potential savings.
Task Rabbit is another popular app in which people can post advertisements for jobs and other tasks that they need doing; other users can offer to assist in completing them for a fee. The app has evolved considerably since its inception and has numerous safeguards in place to ensure that those offering to provide services are able to do so. If you have a marketable skill then this app is an excellent way of monetising it.
As well as a variety of apps which can be used to automatically invest money for you, which are aimed at the more cautious and inexperienced, there are opportunities online for people who have some experience with investing and are looking to invest larger sums of money.
It is important to vet any investment schemes before you commit to them financially. For example, Novogen is a company currently looking for investors and who have an extensive and verifiable online presence. These are the investment schemes that you should consider. Any scheme which tries to obscure the details of their business is unlikely to be legitimate.
Blogs and Websites
A successful blog or website that generates a significant amount of traffic is easy to monetise. You can sell advertising space by either placing adverts on the site or by selling guest post spots on your blog for businesses to advertise in an organic and natural way.
Of course, you can also set up a website as a business and generate money that way, but be sure to research beforehand and make sure that you understand how the logistics of your proposed business would work.
Making money online has never been easier. There are more opportunities available than ever before and it is easier to verify the legitimacy of any schemes before committing.