There are endless possibilities to making money online that can earn you $5000 or more each month. It’s important to understand that although there are endless possibilities to make legitimate money online, setting up a successful income stream will require time, effort, and creativity. But the good news is many people support themselves or add to their income, with legitimate online money-making streams. Here are 21 of the most legitimate ways to make money online.
Ways to Make Money Online (Make $5000+ Monthly)
Blogging is one of the number one options to consider when you want to make money online. Contrary to popular belief, you do not need a huge following to make a blog profitable. By focussing on consistent and returning readers who feel they are improved by reading and consuming your content, your blog can be incredibly profitable through affiliate marketing, sponsored posts, and advertising. A small blog can legitimately generate income.
Dropshipping is an industry predicted to grow by 26% each year until 2025. If you are looking for a profitable way to make money online without putting a huge investment in to start with, this is a viable option. Do market research into what consumers want to buy and niche down into your store’s offering.
Influencing is not only for people who hire jet planes and who wear designer labels; anyone can make money doing it. If you believe you have something unique to offer the world, whether it be in fashion, parenting, business, or photography skills, then you should take the time to build a presence online. By delivering great content to your followers, you can make an incredibly profitable living. Influencers are in high demand from businesses because of their direct access and relationship to their followers, and businesses are prepared to pay for these services.
4 Freelance Writing
Freelance writing is one of the most scalable ways to make money online. You will have to start small, but ask your friends if you can write copy for them and their businesses, and ask for their referrals for further business. Follow other freelancers in this niche to learn how to make money online in this niche, and you can earn anything from $5 to $250 per article. The more experienced and reputable customers you have, the more you can charge for your work.
5 Write ebooks
With Kindle Direct Publishing through Amazon, you can publish books that will be available to Amazon’s 300 million users. You will earn 70% of the profits from your approved and submitted ebook. Choose to write about something that you have a lot of information about already, or choose to research something that interests you and has market demand.
6 Become a Bookkeeper
You do not need a formal education to become a bookkeeper, and there is a demand for quality and helpful services in this niche. Take some online courses to learn how to make this a profitable endeavor in making money online.
7 Professional Proofreader
Freelance proofreaders are in huge demand. If you take the time to equip yourself with the skills that will make you a proofreader with high-quality service, you can make legitimate money remotely.
Creating a YouTube channel is a low-cost option to creating content that can become incredibly profitable over time. If you are good at something or have an interest in something, then share it. There is always a space for unique content, and if you have that to offer viewers and followers, you can make money through sponsorships, advertising, and selling merchandise.
9 Twitch Streaming
Start a Twitch Streaming channel if you are interested in gaming with great skills and tips to share, or you have an entertaining personality. Twitch streaming is similar to Youtube in its possibilities to generate legitimate money online, with some streamers making huge sums of money.
10 Facebook/Google Ads Manager
Managing businesses ads on Facebook and Google is something you can learn skills in and sell your services online, through freelancing sites or a business portal. Develop your skills so you can scale your business to charging $1000 per client.
11 Virtual Assistant
You can charge anything between $1 to $100 per hour, depending on what services you would like to offer as a Virtual Assistant. For more specialized services like SEO and financial services, you can charge higher rates. For services that are more executive assistant-type such as data entry and appointment making, you can charge lower rates which will allow you to build a client base.
12 Make and Sell handmade goods
Handmade goods that are beautiful and well made are part of a very profitable niche. If you have a particular skill in crafting, then consider creating and selling those handmade goods online. You can also diversify your offering by selling craft kits, online courses, and ebooks in your chosen crafting niche.
13 Amazon Associate
By creating a niche website, you can use the Amazon Associate program to make money online. Aim to create an encyclopedia of knowledge around a chosen topic with your website. This will draw readers into using your site to answer questions about this topic. You can then make money by recommending products relevant to that niche to your readers, which you will get a commission on for each sale that goes through your site.
14 E-commerce Store
Starting an eCommerce store is another way to make money online. Depending on what product you decide to sell and produce, you can make a lot of money by selling them online. Personalized jewelry and clothing are great products to sell online.
15 Trading Stocks
Trading stocks takes some significant skill and time to do it right, but investing in stocks is a viable way to earn money. It will require your money as an investment, but so will most other niches that make money online. If you succeed in this, you will be working for you while you focus on other income streams.
16 Selling Printables
Have you got an idea that will save people time and money, which they can download and print at home? Then you should create a printable and sell it on Etsy or create a Shopify store. From daily planners, embroidery patterns, and digital art, there are many options to offer as digital downloads. This will be most successful in conjunction with a blog and effective marketing on social media platforms like Pinterest.
17 Sell online courses
If you are an expert in something and have a knack for relaying information to people, then consider creating an online course. Sites like Thinkify and Teachable are platforms where you can offer online courses.
18 Sell photography and video
If you can capture captivating photos or videos, then selling them on stock photo sites can generate legitimate money online. These images are used in advertising and other content and can be reimbursed well from companies buying the rights to your photography or videos.
19 graphic designer
Selling services as a graphic designer on freelance websites like Fiverr, Etsy, and 99designs will make your money online. If you have the skills or are willing to learn and develop them, this is a legitimate way to make money online.
20 Website designer
There is always a demand for designers to make websites beautiful and appealing to users. These projects pay well, and investing in the skills to provide this offering will pay off.
21 TikTok consultant
TikTok is a rising phenomenon which more and more people want to utilize. But they have no idea how to do so for their business. If you are knowledgeable about the app and how to create TikToks, you can provide your services as a consultant and charge to help businesses’ create captivating video content.
There are countless ways to make money online. Do some investigation and find something that sparks a passion in you. It is entirely possible to make money online in legitimate ways with all the opportunities available when you invest your time, energy, and passion into creating an exceptional service or product.