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My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
2. Use your hacking skills for good. If you know how to adeptly hack into websites, put your skills to use with HackerOne.com, a platform that pays their network of more than 100,000 hackers for finding and reporting software vulnerabilities. According to data on HackerOne's website, 12 percent of their hackers make $20,000 or more per year. Approximately 3 percent of the hackers are making over $300,000, and 1.1 percent are making over $350,000, according to HackerOne.com.
I think Drop shipping is the best way that can help you make money online. It is the only way that allows you to start an online business without investing capital in inventory, warehouse and to buy products individually from a wholesaler and ship them directly to your customer. Moreover, with my drop shipping experience, you will learn key strategies that you won’t learn anywhere else to help your online business grow and thrive.
Build up a following on your Instagram account and you could quickly be making extra money online. Major brands, gear companies, and even startups are willing to shell out $500-$5,000+ per post to get in front of your audience. While it’s getting harder and harder to build a massive Instagram audience, if you already have a solid niche and are posting quality content regularly with a great camera for taking Instagram photos, with a few small tweaks you can make yourself an influencer. Check out this awesome article from Shopify on how to build and grow your Instagram following to get started.
Young students who are good at studies and want to use their academic talent for the good of others can use online tutoring as one of the methods to earn on the internet. There are sites where you can register as a teacher, and there are many online educational based companies that need students to offer their teaching services online. You can seek such educational companies and after proving your credibility as a teacher can offer teaching services online. Once you have cleared the basic assessments to act as an online tutor, you will get hired by the online tutoring company. Some of the sites that offer this service include tutor.com, wiziq.com, tutorvista.com, and others.