\tSo you want to make some extra cash quickly but don't have an actual plan yet. Here are some great ways to earn a few thousand bucks in a matter of days or weeks—without any experience or special skills required.
\tThis post was originally published on July 31st 2016. We've updated it with new information throughout.
\tPeople who make thousands per year from home all share certain traits that allow them to create passive income streams online. One trait is finding something they're passionate about, then figuring out how to solve problems related to their passion (or passions). People also spend time researching what other successful entrepreneurs are doing to achieve success. Finally, most people start small and build up over time. The key takeaway here is that your best return comes by working smarter rather than harder.
\tYouTuber Jake Knapp makes over $100K each month through his blog Making Sense With Josh podcast. He recommends starting by creating "a simple website" so that you can get started right away and begin building content, subscribers, and revenue. YouTubers like Philip DeFranco and Casey Neistat did just that when they first began, which led them to millions of views and fans today. If you'd prefer not to write yourself, there are plenty of freelancing sites where you can hire someone else to handle everything for you.
The easiest way to make $100k/yr? Spend less than 30 minutes every weekday writing emails | Get Rich Slowly
\tMark Manson has earned nearly $2 million since launching Simple Dollar back in 2006 as a resource site for personal finance advice. His secret? Automate almost everything he could possibly automate, including email marketing campaigns. This allows him to work only 2-3 hours per week while earning more than $100K annually. In addition to his own book, Mark recently launched Unqualified Reservations, a community dedicated to helping others find financial freedom. Learn more at unqualifiedreservations.com.
\tDell runs several companies under the umbrella D+M Partners LLC, including PC manufacturer Alienware and data center company Silver Peak Networks. All three brands grew exponentially during the recession, thanks largely to sales efforts driven by Dell himself. It took years before anyone outside of the family realized that Dell had been running these businesses behind the scenes. By focusing directly on product development and innovation, Dell was able to turn profitable concepts into real products that consumers wanted.
If you want to be known for producing quality products, take a look at AmazonBasics. They haven't invented anything groundbreaking themselves, but if you focus exclusively on manufacturing high-quality items that are affordable enough for everyone, you'll soon see those profits roll in.
\tMost people aren't lucky enough to be born wealthy, nor trained enough to become rich overnight. So instead of trying to figure out how to make 1,000 dollars next week, we should probably set smaller goals along the way. Instead of thinking about how much money you need to pay off debt, save for retirement, buy furniture, etc., think about how many meals you can afford to cook for friends, or how many times you can shop at thrift stores. Then break down those larger amounts further until you reach your final goal.
One idea might be to borrow 100$ once a week from your local library for five months straight. That adds up to 5x500=2500$. Or you could put 500$ toward paying off credit card balances once a month. Those little wins add up!
Alternatively, you can try using services like Fiverr to offer your talents for free. When you use sites like Fiverr, it helps to remember that you shouldn't expect to quit your full-time job anytime soon.
There isn't a single trick to getting paid big sums of money fast. While some people may claim otherwise, it really takes luck and timing. For example, Elon Musk made Tesla Motors famous after announcing its Roadster electric sports car on YouTube. But no one knew that such cars would actually sell well because the auto industry didn't care about electric vehicles until late 2008. And it certainly wasn't easy for Musk to keep investors interested in his vision after missing deadlines multiple times. Similarly, Guy Kawasaki failed to launch two highly anticipated gadgets before founding Garageio. A lot of hard work went into both projects, but things happened organically. There were countless moments where it seemed impossible to succeed. Luck played a part in both cases, but whether you believe it or not, it was mostly due to good planning, preparation, and execution.
It's important to note that it doesn't hurt to prepare either. After all, what's better than having nothing prepared for an event, meeting, presentation, etc.? Nothing. However, too often we assume we know exactly what to say ahead of time, and we end up feeling awkward despite our cleverness. Also, remember that the point of preparing is to avoid panic. Panic never leads anywhere positive.
In fact, preparing for events like presentations is essential for growing your career. Many experts recommend practicing public speaking in front of peers before giving talks in front of clients. Not only does this help you feel confident about going in front of large groups, but it gives you a chance to learn valuable feedback from colleagues. Plus, knowing that you're willing to speak in front of strangers can encourage potential employers or coworkers to invite you to future meetings.
We already mentioned that luck plays a role in becoming financially independent. Another element involves timing. As Warren Buffet famously said, "Be fearful when others are greedy, and be greedy when others are fearful." Unfortunately, it's difficult to predict stock market movements. Even though stocks represent a relatively safe investment option compared to bonds, gold, property, or commodities, predicting the direction of the economy is incredibly challenging.
That being said, there are still opportunities to make money based on predicted trends. Investing in cryptocurrencies is perhaps the simplest method of achieving wealth via timing, although it comes with risks. Other methods include trading foreclosures (real estate), dividend investments, investing in distressed assets, or buying old coins. Some people choose to invest in precious metals like silver or gold, although recent price drops have caused some to lose faith. Others simply hope for continued growth in the value of stocks. Whatever strategy you choose, consider the following tips to ensure long term returns:
Buy low, sell high
Don't pour all of your savings into one thing
Pay attention to economic cycles
Of course, none of us knows exactly what the future holds. But if you play your cards right, you stand a pretty solid shot at attaining financial independence if you're willing to sacrifice short term gains in exchange for long term stability.
Image remixed from originals by StockLite (Shutterstock) and OpenClips.
Do you want to earn an extra thousand dollars this year? It's not as hard as it sounds if you have some simple strategies up your sleeve. You just need to know where to look first, how to tap into that hidden resource called "the crowd," and what is required of those who are already successful at doing so. Here we'll show you several ways to easily make $1000 by next Friday (or sooner). You don't need any special skills or qualifications either. Just follow our step-by-step instructions.
The following tips on how to get started with earning big bucks quickly apply whether you live in North America or elsewhere. Before we begin though let us explain why people like working from home, be self employed, freelance, etc. There are many reasons but here are two popular ones - freedom and less stress. If you're sick of commuting then being able to work from wherever you choose would mean more time spent with family and friends instead of sitting behind a desk all day long. Also, there's no boss telling you when to start/stop working since you are running your own business. The downside however is that you must take responsibility for your financial decisions.
So pick one method below which suits your style best and go ahead!
If you're looking for something that won't require much effort then try these methods:
Become a freelancer and offer services such as writing, web design, graphic designing, photography, selling used items via eBay and Craigslist, etc.. Freelance jobs do exist out there because people still love outsourcing some tasks rather than having them done in house.
Start a small eCommerce store to sell physical products such as books, CDs, DVDs, tools, kitchen gadgets, etc... People spend hundreds of hours each year shopping online and they expect their favorite brands to ship to them promptly. So create a website yourself using WordPress or a similar platform and list your product inventory there. Sell your products through Amazon, eBay, Etsy, etc., and use PayPal and Google Checkout for payments. Don't forget about shipping costs too. This way you could potentially turn around orders very quickly.
Create digital products like video courses, software applications, and guides that teach others about certain topics. Then market your courseware online or off with affiliate marketing programs such as ClickBank. Make sure your material delivers value before asking someone else to pay for it. This strategy works especially well if you've got expertise in a specific area. For example, if you enjoy cooking then creating a series of videos teaching viewers how to prepare different dishes may bring in enough income every month. Or perhaps you write software scripts for other coders to execute and charge them per project basis.
Use Fiverr to find willing buyers for your unique talents. Offer only 5 minutes worth of service for $5. Once you hit 10 sales, you get paid $50.
In addition to offering your professional services also consider opening a virtual assistant account. Such accounts allow you to provide administrative support while charging hourly rates for most tasks.
Here are three more ways to generate substantial cash flow in a short amount of time. Remember that these tactics should be combined with whichever method above you prefer.
Write articles and submit them to article directories. Article submission sites include EzineArticles, Go Articles, Article Dashboard, Buzzle, Associated Content, iSnare, High PR Web Traffic, and Article Alley. Submit your content once a week for maximum results. Be sure to optimize your articles for search engines by including keywords that readers might type into the search box. After submitting your articles, check back often to see if anyone has grabbed hold of yours. In case you didn't catch their attention right away, send them a polite email explaining why you think your article is relevant to their interests.
Post ads on classified ad websites like Gumtree, ClassifiedPlanet, Oodle, NextDoor, Zillow Real Estate, Trulia, Realtor.com, Postlets, Plandbuzzz, Kijiji, Craigslist, Backpage, and Facebook Marketplace. Simply post your ad copy in the appropriate section and set reasonable price points. Most classifieds websites allow you to specify minimum prices that sellers must adhere to. Try placing ads at least twice every 7 days to maximize response rate. When posting your ad, be mindful of local laws regarding false advertising and spamming.
Join freelance forums and network with people interested in hiring your services. Look for clients among users of social networking platforms such as Twitter and LinkedIn. Use hashtags on Twitter to reach out to potential customers. Join groups related to your field of choice and participate in discussions. To increase visibility, add your name to listings submitted to various job boards.
Once you receive inquiries from prospective employers, contact them directly by phone or Skype. Set realistic expectations about payment terms and ask questions about what exactly they'd like your services to address. Ask for testimonials and references from prior clients. Keep track of leads received and follow up accordingly. Always communicate clearly and professionally. Do not accept anything less than fair compensation for your efforts.
Forget telemarketing calls and cold calling prospects all over town. Instead, sign up to become a member of major trade associations such as NAPO, NAWBO, SCORE, National Speakers Association, and International Federation of Professional Women. Meet face-to-face with decision makers in person whenever possible to establish rapport. Develop relationships with people in positions of authority and learn everything you can about their needs. Find out what kind of businesses they run, how much revenue they generate, what challenges they face, etc. Gather information about their current employees and colleagues and form alliances with them.
Are you wondering how to come up with thousands of dollars in a single lump sum overnight? Have no fear! Below are two methods that will put $1,000 in your pocket faster than you can say "Jack Robinson."
Make Money Taking Online Surveys
Online surveys are offered by companies both large and small to gather feedback from consumers. Survey providers typically compensate participants handsomely for sharing opinions. Some survey panels pay higher than others, but the overall process remains the same. Typically, you fill out profile forms, watch promotional materials, and complete qualifying questionnaires. If approved, you'll receive invitations to join study panel memberships. Depending upon the nature of the research, you may be asked to answer openended questions, read documents, view images, listen to audio recordings, and perform basic computer activities.
Research Companies Offering Paid Panel Memberships
Another way to make instant money involves joining survey panels operated by reputable third parties. Compensation ranges between $25-$75 per completed questionnaire. Panels usually conduct multiple studies simultaneously, so you can rest assured knowing you'll never miss another paycheck again. Study participation takes anywhere from 20 seconds to 2+ minutes depending upon the length of the inquiry. As with traditional surveying, qualified individuals invited to join panels undergo prescreened qualification procedures. However, unlike traditional surveying, most online panelists qualify based upon their demographic profiles. A few panels target niche markets exclusively. And most importantly, panelists reap significant benefits regardless of their geographic location.
If you're like most people these days it's likely that you have a few thousand dollars sitting around waiting to be spent on something fun or useful instead of being invested into your retirement plan. With so many ways to earn extra income today there are plenty of opportunities to make some cash quickly. Many of us could use an extra $1000 to pay off debt, buy new furniture, go away for the weekend or just treat yourself. If you want to make $1,000 fast then here are fifteen great ideas to consider. Some might seem silly but they all work!
There are several different places where you can find large sums of money very easily. The best place to start is with your own bank account. Most banks offer at least one type of overdraft protection program (sometimes called "unlimited check writing" programs). Banks do this because they know how profitable such accounts are for them. Simply take out enough money from your checking account each month to cover all checks you write up until the end of the next business day. For example if you wrote five checks worth $500 per check over 5 business days you would need access to about $2,500 ($500 x 5) available immediately. This amount may sound high but keep in mind that you only spend what you've got. There's no interest added to your balance as long as you don't try to withdraw more than once every two weeks. If you think you'll need this much money occasionally throughout the year then open another unlimited check writing account specifically for this purpose. You should also set aside some other funds for emergency purposes.
The second option is to ask someone who has been kind to give you a personal loan. In fact, asking for a small loan is always better than borrowing money against your credit card. Not everyone likes to borrow but when it comes down to it lending money isn't really any worse than using plastic. It doesn't matter whether the person you talk to wants to lend you money or not - you never owe anyone anything unless you choose to default on payments which you'd probably regret anyway. Loan amounts vary by company and individual lender but they normally range between $100-$5,000. Interest rates tend to run anywhere from 8-36% depending on your location and credit rating.
Finally, you could sell items online. eBay allows users to list their unwanted goods for sale. Amazon Marketplace offers customers a convenient platform for buying and selling used products. Both sites allow buyers to search through hundreds of thousands of listings while providing sellers a safe shopping environment. Sellers must post pictures and descriptions of their items before listing them for sale. Once posted, potential buyers visit the seller's item page and contact them directly. Online auction sites such as Bidzillion provide shoppers with tools to bid on merchandise. Shoppers aren't required to win auctions to receive items but they often are responsible for paying shipping costs. Shopping online saves time and gas money compared to visiting brick-and-mortar stores. Whether you're looking for cheap electronics, books, clothing and accessories or collectibles, chances are you'll be able to find everything you need somewhere online. To learn more click here.
When trying to decide how to make $1,000 the first thing you'll need to figure out is why you need money. Do you want to save for a vacation, pay off student loans, move across country or put towards investments? Each goal requires its own strategy but we all agree that having extra money floating around in our savings accounts does nothing good. We can also say that earning extra money is usually easier than saving it. That said, getting started is easy too. Here are three steps you can follow right now to make $1,000 fast:
Set a realistic budget. Decide exactly how much spending money you'll allocate to entertainment, dining out, clothes, etc. Don't forget things like gifts, donations, taxes and insurance so stick to your budget rather than going overboard.
Find free stuff to fill your wallet/purse. Look for coupons, promo codes, gift cards and loyalty points to maximize your rewards. Remember to include those little extras you love from restaurants, hotels and retailers. When searching online remember to look for coupon code boxes near the checkout button. Also, sign up for newsletters and RSS feeds to stay updated on special deals, promotions and sales.
Make sure you actually enjoy doing whatever it is you chose to do. While you shouldn't let activities drain your finances completely, enjoying partaking in them makes all the difference. Just be careful to avoid impulse purchases...it happens to the best of us!
Making $1,000 in 24 hours seems impossible when you lack experience but anyone can achieve it quickly with a bit of practice. Try starting early in the morning or late at night when you won't see immediate results. Make a habit of putting a single dollar bill in your sock drawer after washing dishes, taking out garbage or walking the dog. Every time you touch it feel thankful and tell yourself, "I'm grateful for _________." Before you realize it you'll have accumulated quite a fortune. Another idea is to create a digital "money jar" where you deposit spare change everyday. After a couple months you'll be surprised at how much you've earned. Finally, you can also invest wisely. Learn more tips for investing money safely here.
In order to get ahead financially you need to consistently build wealth over time. However, building wealth takes time especially since it involves learning financial basics and mastering skills. Thankfully, there are plenty of strategies for increasing your net worth sooner rather than later including opening multiple retirement accounts. The key is to begin contributing regularly. Start with smaller contributions and increase gradually overtime. It's important to focus on keeping expenses low while maximizing returns. As you grow older, you'll need to adjust your investment mix to match your age bracket. Click here for additional information.
Become CEO of your own lead generation software company, just follow our battle-tested guidelines and rake in the profits.