BECOME AN ENTREPRENEUR
6 Legitimate Ways to Generate Income Online
The road to financial freedom.
The coronavirus pandemic has transformed our lives in many ways. The importance of our health and safety has been emphasized, and we have learnt not to depend on a single source of income.
If you’re willing to improve your life by work harding to generate income on the internet, this article contains several ways you can achieve your goals. Here are 5 guaranteed ways you can generate sustainable income online.
1. Blogging & Affiliate Marketing
Blogging is the act of publishing helpful content to a niche of people online.
If you’ve ever used a Computer or Smartphone, you’ve accessed information online. People want information just like you do, so if you’re passionate about a particular topic, you could create a blog and publish articles to share your knowledge and skills with others.
The primary way to monetize a blog is through Google AdSense and Affiliate Marketing. Google AdSense lets you earn revenue by serving ads on your website, whereas Affiliate Marketing is the act of recommending useful products to your website visitors and earning commissions when they purchase those products.
2. Android & iOS Development
App Developers build software applications for mobile operating systems such as Android, iOS, and Windows OS. iOS apps are made with Swift and Objective-C programming languages, while Android apps are developed using Java and Kotlin. Windows mobile applications are creating using C# language.
If you have passion for technology, it’s time to put your passion and skills to good use and make some money. If you’re a beginner, dedicate your time to studying the basics of Java/Kotlin and Swift programming languages. Learn the basics and complete simple projects to build your skillset. Once you’re skilled enough, build useful mobile apps and publish them on the Google Playstore and Apple Appstore.
You can make money from your apps by monetizing them with In-app purchases, Subscriptions and Advertisements; and you can apply for freelance jobs after building your portfolio. Udacity’s Android Nanodegree Program will help you prepare to work and utilize your skills.
3. YouTube Channel
There are many famous YouTubers out there who started with single views, but are now making money by monetizing the videos on their channels.
You can create a YouTube Channel and start building good video content to build an audience and meet the monetization requirements.
To succeed on YouTube, you need to focus on a niche or audience, and diversify as you grow your audience. You’re more likely to succeed if there’s demand for your videos, and if you’re passionate and knowledgeable about your content.
YouTube’s policy states that 1,000 subscribers and 4,000 watch hours are required before a content creator can monetize videos. YouTube monetizes videos through Google AdSense.
4. Amazon Kindle Publishing
Amazon’s book publishing platform is the leader of self-publishing. If you publish good novels and helpful books on Amazon, you can generate income through sales and royalties from KENP (Kindle Edition Normalized Pages). Although this is a good way to generate income, it is best to combine this with another revenue stream.
Register with Amazon Kindle Publishing and start publishing useful books to garner sales and royalties.
5. Medium Partner Program
Medium Partner Program lets you get paid when Medium’s premium members read your curated articles. Generating revenue via Medium’s Partner program requires tremendous time and dedication, but you can make sustainable income if you work hard and publish useful content.
Get started by registering for the Medium Partner Program from the Medium dashboard and writing your first article.
6. Online Course
If you possess some skills or if you’re educated about a particular topic, you can start a video course on platforms such as Skillshare, Pluralsight, Alison and Udemy. You’ll generate revenue by charging a fee for those who enroll.
These ways of generating income online require hard work and dedication, so get rid of any get-rich-quick mentality and you’ll be on your way to success.
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