Millions of people have lost their job during the pandemic. This is a great chance for people to try entrepreneurship that might not have done so otherwise. That’s really what “without a job” means here – that instead of trying to land another traditional job, you try your hand at creating your own business. Let’s look at some ways you can make your own money.
This won’t replace your old employment income, but you can make an extra 50-100 dollars a month.
Start a Blog
Blogging can transform your life in a fairly short time – within a couple of years. Another example is Logan from moneydoneright.com. Logan was earning $35,000 a month after only 16 months.
Want to start a blog? Check out the step by step guide here: How to start a blog in quarantine [step by step process]
Make YouTube Videos
YouTube is the source of income for millions of people and more people are joining the ranks every day. These people make money discussing their passions. The possibilities are endless. As an example, Peter from DollarSanity built a YouTube audience of 100,000 subscribers in less than two years.
YouTube success comes with quality content, consistent content creation, interacting with your audience, and using the right keywords in the title and description of your videos. Since YouTube is free to join, you can start making videos right away.
You can create videos without using a camera, so don’t let being camera shy keep you from starting a channel.
You can start making videos on almost any subject, including life hacks, yoga, exercise/training, cooking, fashion, gaming, travel, DIY crafts, and tutorials (such as how to use Photoshop or other tech products or software). Some are more camera-intensive than others. The camera on your phone or computer will be fine for a beginner. Once you build an audience and start making money, you can invest in more sophisticated equipment.
YouTubers make money through avenues such as these:
- Google AdSense – Google AdSense is a Google service that allows you to place ads on your videos and make money through views of the video and clicks on the ads. To place Google AdSense ads on your videos, you need to have at least 1,000 subscribers, and your videos must have been watched for a total of 4,000 minutes.
- Affiliate marketing – This is where you join a program, then promote their products and services. Examples include the Amazon affiliate program, Impact Radius, Shareasale, Clickbank, and Commission Junction.
- Sponsorships – Once your YouTube channel grows, companies may approach you to promote their products and talk about them during your videos and offer a payout in return. This will require much higher subscriber and video view counts.
Get Paid to Write
A content writer is a person who writes for different websites, blogs, online magazines, social media pages, and much more. All you need is mastery of English and a strong desire to write. Business is growing every day, especially online. So those businesses need content. In particular, online marketing pays extremely well.
If you like to write, you can turn this pleasure into a profitable online business. To get started:
- Select a niche (e.g. fitness)
- Write attention-grabbing posts on a blog
- Start guest blogging on industry blogs
- Once you have a portfolio, start pitching clients through social media or contacting them directly.
You can also join freelance writing websites like Upwork, but keep in mind there are thousands of competitors and the pay rates are often much lower than you can get on the open market. The website makealivingwriting.com by Carol Tice has great information for freelance writers.
Can you convince someone to buy something by highlighting its best features in the most appealing way? Can you write great lines like these from Articulate? Then copywriting may be for you.
A copywriter is a person who writes sales copy, emails, web content, and ads that catch people’s attention.
You need strong language competency, the ability to persuade, and an appropriate tone. Beginner copywriters earn an average of $15/hour experienced ones who can earn $40/hour.
The best way to get started is to choose a niche, gain a strong knowledge of it, make a portfolio website, write some samples, and start marketing your services through social media and pitching companies directly (being completely professional, of course). If you are interested but aren’t sure you have the skills, you can learn them. Read this book by Robert W. Bly for more insight.
Work as a Virtual Assistant
A virtual assistant is a person who works for an individual or company as a remote administrative assistant. Some of the tasks are email management, blog management, database management, social media posting, content writing, and data entry.
After becoming proficient in some particular skill, start offering your services on freelance websites like Upwork and start making a solid portfolio to approach companies directly.
See also: Starting a Virtual Assistant Business – Entrepreneur.com
Social Media Management Services
Companies usually don’t have time to manage their social media pages themselves. So they hire social media managers to handle and manage their social media pages effectively.
Besides knowing the basic dos and don’ts of social media, knowledge of Facebook ads is crucial. With more than a billion users, nearly every company wants to reach that huge audience.
If you want tips on how to increase Instagram followers for your clients, see this article by Instasize: How to get more followers on Instagram: The Complete Guide