This top ways to make money in 2021 guide is here to help you make some important life choices. As you face unprecedented challenges navigating your life around the Covid-19 virus.
It would be an understatement to say that the pandemic has wreaked havoc on our lives. Especially our jobs and income sources. So if you have been laid off or you are under lockdown orders. Or you just have too much time on your hands.
This could be the best time to change your career trajectory or turn that side hustle into a full-time job. Moreover, you can use our realistic money-making tips in 2021 to create full-time or part-time income streams so that you can take care of your family.
The Reality of Making Money in 2021
From online poker to selling the Beanie Babies series, many popular ideas can make you quick money, but these get quick rich schemes are not realistic for long-term success.
The truth is, there are many real ways to make money online. And millions of people do it every day. However, for every success story, you read about, there are literally thousands of failures you never hear of.
Similarly, from digital nomads to marketing professionals to emerging entrepreneurs, you can experiment with different business ideas to make money the right way. So let’s see how to make money … the natural way.
The Best business to start in 2021
According to small business statistics, one of the main reasons for starting your own business is to be your own boss. Owning a business gives you the freedom to work when, where, and how. Do you want to work on the beach or at your grandmother’s house? Keep going; no one will stop you or ask you questions.
This is a dream life that many people want to live one day, and thanks to good business ideas, this lifestyle can be realized.
Having said that, the best business to start in 2021 is an online business for the following reasons;
Today, anyone can create their own website, market online, and run multiple online businesses at the same time.
One of the most important benefits of starting an online business is that it requires minimal startup costs. As long as you fully understand the digital space and the online tools you need for your business, you can slowly build an empire.
Another major benefit of doing business online is that you can sell it to anyone in the world. And more of those benefits are below;
- You have the flexibility of time
- You are free to choose your location
- Huge income and growth potential
- Open 24/7
- You can (possibly) outsource the work
So below would be some of the best ways to make money in 2021
Making Money in 2021
Are you actually looking to sell goods online but don’t have the money to buy them and store inventory? Consider direct delivery!
Well, dropshipping is an e-commerce business model that does not require the management of physical products.
Simply create an online store and partner with ready-made suppliers to store, pack and ship your orders. Plus, you can use direct shipping apps to find quality products to sell, so you don’t have to spend hours looking for products.
So if you’re looking for an easy-to-follow online business idea, direct shipping might be your ideal choice.
One of the reasons people are often drawn to using this business model is that they don’t have to keep inventory. However, if stock keeping is not an issue (perhaps there is enough space in the spare closet), you can also buy wholesale products.
Similarly, online marketplaces allow small business owners to find unique, high-quality products and build long-term relationships with suppliers.
If you already know what you want to sell, it’s worth trying as a supplement to cut shipping costs.
If you can invest your time first, blogging is a great way to make money online in 2021. Owning a blogging business is financial freedom, a great way to be your own boss and work from the comfort of home.
However, creating a blog isn’t just about the sun and rainbows. To rank in the search engines, a blog post should contain around 1,000 words, fewer in some cases, and more. But in general, reaching 1,000 words is a good goal.
This seems to be a lot of words. However, when you first learn all the blog content, you will find that it is actually very simple.
If you write an article in 800 words, it takes 20 to 30 minutes to write. Considering the required research, you can complete a blog post in under an hour.
Learning to write SEO-optimized blog posts may take some time to learn, but it’s worth it. I started my first blog as an absolute beginner with no writing experience and managed to get it to work.
I now make more money on my blog that I work on part-time than from my regular 9 am to 5 pm. Similarly, if you are at home under lockdown, then a blog could help you start a business—blog about your experiences and expertise.
3. Affiliate Marketing
Another way to make money online is through affiliate marketing. Affiliate marketing is getting paid a part of any sale that promotes the products of others.
One thing to keep in mind is that it may take some time to get started and be successful. Especially if you want to start a subscription marketing business for free and use social media to promote your subscription products.
Frankly, organic traffic to social media sites is one of the best ways to start making money as an affiliate marketer.
Additionally, people who want to start affiliate marketing can use free online courses to get familiar and expertise in the business.
4. Get Started Online
It can be difficult to create an online startup, but it’s worth it. You can make a lot of money by starting online.
When creating an online startup, there are many options to choose from. Create something you know, and you will see success and earn money.
If you have an idea and want to create an online startup, don’t forget to register your company to start a business.
Similarly, most of the online startup ideas come from entrepreneurs or tech engineers. Who has a way to enhance current products? So if you have a creative idea, you can start an online startup and build a product or service that will help many people.
5. Social media influencers
Becoming a social media influencer is a great way to make money online. Basically, you need to increase your followers, and after a certain point, you need to start promoting your product or service to that audience.
This can be achieved by selling products, etc. And it is a trendy choice among TikTok creators and YouTubers.
Similarly, social media influencers earn millions of dollars in profit from their followers every year.
Influencer marketing activities are very profitable in 2021. That’s why everyone now wants to be an influencer on social media.
This type of marketing continues to be a truly effective way of advertising and attracts viewers for profit.
Today, with over 3.7 billion social media users, the influential marketing industry is worth $ 5 billion.
How to become an influential online user of social media through channels
Anyone can be a social media influencer (with the right strategy), but you have to be one for a long time to be effective. This is one of the most lucrative businesses, but it takes a while to build up. Because it is typically based on how many people follow you on social media.
So the first and most important job is building your audience.
A recent study by the Upwork freelance job platform shows that 2 million Americans have started freelancing in the past 12 months. The percentage of the workforce engaged in freelance work will also increase to 36% this year.
Many workers opted for self-employment or contract work in the thriving pre-pandemic job market due to the flexibility and diversity offered.
However, it is now proven that many workers inevitably consider freelance options because they have no choice. Employers have given up on millions of full-time jobs.
And self-employed freelancers perform multiple jobs for their clients at the same time. Freelancers charge different fees for each job and now, because of the pandemic, there are many different freelance positions in 2021.
These include Photos, website development, graphic design, and content creation are just a few examples.
7. Buy and sell domain names
The domain name is the website address to access the website you want to search for. Similarly, buying and selling domain names is a great way to make a lot of potential profits.
Domain names are very cheap, and the registration fee is usually around $ 0.99. Top-tier domain names, on the other hand, can cost thousands and even millions of dollars.
You probably won’t make a lot of money selling domain names, but you can make money with this business.
Most of the players keep track of expiring domains that they can snatch up first. You can search for potentially profitable domains, buy them, and find buyers. Some websites allow you to auction these domain names for a markup.
8. On-demand Printing
Printing on demand has also proved a popular option. Graphic designers are looking for business models to sell clothing and other product designs to better use their artwork for profit.
Its unique design allows them to create a consistent and established brand for its businesses.
Printing on demand is similar to direct delivery. This means you don’t have to carry your inventory or deliver goods to your customers.
However, there are two subtle differences. First, you can add a brand label to your package. This is very useful for brand awareness. Secondly, the shipping costs are very high, and it is difficult to build a sustainable business unless you charge a higher price or sell more quantities.
However, if you have a good supplier in the US, Canada, or Europe, such as Printify or Printful, you can quickly dream and make your own clothing collection come true.
9. Start the YouTube channel
The highest-paid YouTuber is Ryan Kaji, 9. He commented on toys on his YouTube channel and made $ 29.5 million in 2020. Well, if a 9-year-old kid can make millions, then indeed you can, right?
Another high-income YouTuber is Jeffrey Star. Jeffrey Star owns a cosmetics brand that makes YouTube more than $ 15 million and sells around $ 100 million worth of merchandise every year.
His reputation on YouTube has helped him leverage his influence and make money on YouTube beyond his income.
YouTube channels need to focus on a single market segment and be able to reach a strong and loyal audience.
For example, you can actually stream video games, create some educational tutorials, create prank videos, teaching skills, product reviews, or create other content you might have a viewer on.
The secret to making money on YouTube is to create the educational or entertainment content people want. You can use interesting headlines to attract viewers, or you can use search-optimized keywords on YouTube. Once you’ve hit 1,000 milestones, you can use YouTube Ads to monetize your channel officially.
10. Create an online course
Sharing knowledge is one of the best ways to make money online. If you are a subject matter expert, you can monetize your knowledge by creating online courses.
You can sell your courses on Udemy or your own website (if you already have your audience). Some entrepreneurs can earn up to $ 5,000 per month through online courses.
The best option for creating a popular and successful course is to look at other courses related to the topic.
Then check out the comments. What do people admire? What do people hate? How can I do a better job than existing jobs? Focus on creating content that addresses the biggest complaints while mimicking the positives that people are passionate about.
The platform on which you sell your course determines the best way to make money. If you sell your course on Udemy, you don’t need to do a lot of promotional work.
You can almost set it up and forget about it. Maybe advertise it on some blog or on your website.
However, if your course is hosted on your website, we recommend that you promote your course. You can also create a mailing list to continue promoting future courses to the same audience.
11. App development
The cost of starting the joint venture has been significantly reduced due to the increase in affordable tools and developers.
You can now use software to create frameworks and models before deciding to publish your apps. Alternatively, you can hire freelance app developers from freelancer sites.
You can also earn passive income by creating consumer apps. Of course, this hinges on proposing a monetization strategy that can generate recurring revenue.
And profitable strategies include offering in-app purchases and premium application charges.
12. Sell Your SEO Expertise
Have you ever generated backlinks to increase the search engine visibility of your website? If so, you will have the opportunity to use these skills and make some money in 2021.
Website owners worldwide need SEO professionals’ services, so starting a business in this area can be one of the best decisions.
When looking for clients, focus on your segmented audience, learn from experience, and build your investment portfolio.
If you show your best practices and the SEO approach is correct, you will certainly see a large influx of customers.
You can choose to target all types of businesses or attract specific niche companies, such as legal, healthcare, and financial ones.
The price of monthly SEO services ranges from $ 501 to $ 1,000. This is one of the best business ideas for making money in 2021.
13. Video production
According to video marketing statistics, 85% of internet users in the United States watch online videos on their devices.
Since more videos are being watched than ever, there is an absolute need for someone who can record, edit, edit, and post videos. Therefore, setting up a video production company can be a profitable business idea for you.
See if you can find some second-hand products from this device to reduce startup costs. We can advise creating video content for the company’s YouTube channel, managing graduation and wedding video shooting, etc.
There are no restrictions on the types of projects you can execute, but you will stand out in a fast-paced market by focusing on niche markets.
14. Build an e-commerce site
In recent years, the popularity of e-commerce sites has exploded. With the popularity of platforms like WordPress and WooCommerce, creating an e-commerce site has never been easier.
If you want to deal with physical products and sell specific products, it is best to open an e-commerce store.
There are two different ways to make an online store successful.
Create a physical niche product and sell it to a dedicated group of buyers
Buy cheap trending products made in foreign countries, repack them and sell them for a higher price.
The first method can be very successful, but it requires a passion for the product and a willingness to conduct extensive research, development, and product testing.
However, the success of many online stores proves that e-commerce stores can achieve incredible results.
If the first method seems a little dangerous for your first online business, we recommend that you consider the second option of reselling popular overseas products.
This way, you can buy popular items from platforms like AliExpress, repackage them, and sell them in stores.
Not only do you need to consider selling suitable products, but you also need to consider how to ship them.
You can manage shipping and order fulfillment yourself. Also, you can use a general method called “direct shipping”. Similarly, we discussed the drop shipping method above.
15. Become a writer
With the growing interest in content marketing, more and more brands are looking for great writers to create their content.
The secret to success as a writer is to become a niche market expert. Many writers are trying to become generalists by writing articles in various categories, from food to technology. However, in a writer-centric niche market, you can create better content.
With the right experience, you can add different perspectives to your content. This means that you have said the same thing not only on the Internet but also in other articles. This is what brands really want to pay for – transform your ideas, experiences, and insider information into a niche market.
If anyone requests a marketing writing example, please send us a marketing writing example. Please do not submit financial articles.
It’s still fitness. It’s hard to know how familiar the niche industry is if the hiring manager hasn’t reviewed relevant writing samples.
Request an opportunity suited to your skills and experience. Also, if the promotional material does not contain a list of links to writing an example, it will be ignored.
16. Do some translation work
If you need to make money right now, translation work is a low-service niche market. To be successful, you need to know at least two languages.
Therefore, if you are a bilingual person or have graduated in a popular language at school, it is advisable to make money.
You have to prove your translation skills. If you have a language degree or translation experience, be sure to provide a sample portfolio.
Most companies require translation tests. Remember that you must be fluent in the translation language of the application. Therefore, it is not possible to use translation tools.
17. Create a membership website
Membership sites have become popular these days, and this idea is easy to implement. However, it somehow requires an existing audience.
For example, Mark Manson runs a popular personal development blog. His website has a membership section where users can access reviews of online courses, videos, and other articles. This is very important to his fans.
People are already visiting your website because they like what you write and your advice tactics. Therefore, you can create a section that provides advanced content in the subscription section of your website.
Now, not everyone who visits your website will accept your offer, but your loyal fans will find this offer attractive.
The type of membership site you create depends on the type of site you are running and the depth of rich content you use. If you like this idea, check out our guide on how to create a membership website in WordPress.
18. Publish a Kindle book
If you dream of writing a book to make a living, then this may be the best time. The vain journalism revolution has allowed anyone to make a living by publishing a book.
Remember, due to the low barriers to entry; this also means more competition. However, writing the best book and meeting readers’ expectations can increase your chances of success.
When you publish your Kindle book, every aspect of the publishing process is under your control.
This means that you are responsible for writing, editing, formatting, obtaining the cover, uploading to Amazon, writing the book descriptions, and marketing.
Here are some tips to help you increase your success rate in becoming a celebrity news writer.
Study your niche carefully and make sure a viable book market is not competitive but still has a valid readership.
Write the best book possible and hire professional editors.
Buy high-quality covers and book descriptions. When you need to sell a book, these two elements can work together.
Publish your book in series and try to capture a certain market.
Your success as a writer is entirely up to you. Write the best book possible and create an ideal mailing list for readers. The more you learn, the more you can earn.
19. Invest in cryptocurrency
At the height of the giant Bitcoin boom, Cryptocurrencies may have appeared on your radar. However, if you haven’t invested in Bitcoin or other Cryptocurrencies a few years ago, it’s not too late. Crypto is still very popular today, and it is quickly creating crypto millionaires every Day.
Investing in cryptocurrency is very similar to other forms of investing and carries some risks. However, through continued self-education, long-term beneficial and healthy investments can be made.
The first step in your cryptocurrency adventure is to accelerate your knowledge and skills. Find some online courses and follow the industry. There can be excellent resources that contain useful tutorials and courses that you can use to learn about cryptocurrency.
Similarly, there are several ways to make money with cryptocurrency:
- Invest in coins or increase the value before the IPO
- Learn to code and use the blockchain
- Become a cryptocurrency writer
- Get a job at a cryptocurrency startup
Cryptocurrency and blockchain technology are still in their infancy, so this is a great opportunity to learn the skills needed to position you for the future successfully.
20. Sell handicrafts on Etsy
Etsy is one of the largest platforms for selling handicrafts, such as iPhone cases, shirts, and unique rings.
You can start using it without a website or online status. They already have a large number of readers; you can use them directly. Plus, with enough appeal, you can switch to your hosted e-commerce store anytime in the future.
To increase your chances of success, keep the following tips in mind:
- Find out if your craft skills are needed on Etsy and that they are not common and competitive.
- Consider how long it takes to do each project. Are the time and material costs commensurate with the price charged?
- Similarly, consider what sets your product apart. You will want to create your own style while meeting the buyer’s expectations.
- Sell products on Amazon (FBA)
Amazon is one of the largest online retailers, and there are currently thousands of products on the site.
We learned how to create an e-commerce store. This method is similar, but the goal here is to use the Amazon platform.
This way, you will find the best-selling products on Amazon and buy cheaper versions of these products. So add your brand and then resell the product.
You will have the opportunity to sell these products yourself or to work with manufacturers who personalize these products and ship them directly to buyers.
21. Become a virtual assistant
If you are good at planning and organizing, becoming a virtual assistant can help you. Virtual assistants are responsible for a variety of activities.
For example, you can keep regular accounting, data entry, email management, surveys, and more.
Being a virtual assistant is a good way to increase your income and a good way to communicate with important people. Not only that, the VA demand and market are also growing.
Many small business owners seek virtual assistants instead of hiring full-time employees. The performance of the virtual assistant can be found on websites such as Fiverr and Upwork.
22. Sell programming or software services
Learning to code can be an invaluable skill. Do you want to release your skills or develop and build your own software?
You can perform tasks such as building consumer applications, niche websites, mobile applications, and even mobile games with sufficient skills. Many highly successful companies rely on software.
If you want to make money with your software or applications, you can use the following methods.
- Do market research to find what you need most now
- Generate an MVP version of the software
- Get feedback from early adopters and beta testers
- Integrate the feedback and launch the first version of the product
- Prepare a marketing campaign based on your budget
If you think it takes too long to create and sell your software, you can quickly benefit from your programming skills as a freelancer.
Dive into top freelance platforms like Upwork and Freelancer to find a variety of products to suit your skills.
Alternatively, you can visit Remoteok.io to highlight the various applicable remote programming locations.
23. Become a website developer
If you don’t have development skills, the first step is to learn how to code. Once you have mastered your skills, start looking for a job.
Create a profile on sites like Upwork and Freelancer, start selling your work, and get paid.
To increase your chances of success, it might be helpful to create a niche market for yourself and design your profile and investment portfolio accordingly.
For example, you may want to create a real estate agent or property management company website. Alternatively, you need to create an e-commerce website that uses WooCommerce and WordPress specifically.
First of all, make sure you need the skill. There can be many positions in your particular skill. Next, build a niche web development business and start selling related works.
24. Audiobook narration
The audiobook industry continues to grow from year to year and it seems that more and more people prefer listening to books over reading. However, most books never converted to audiobook format.
Audiobooks are very useful to the author. Not only can you earn extra income from books, but you can also make them stand out from the crowd.
Analysis of how to start a career with audiobooks. If you have a good voice and love to read, becoming an audiobook storyteller might be a good opportunity.
One of the easiest ways to get started is to sign up for ACX, a service that connects storytellers and audiobook authors.
In addition to signing up for the above services, you need to invest in a high-quality microphone and recording software and create some samples to demonstrate your vocal skills.
If you want to expand your influence, you can also profile Upwork’s narrated works and audiobooks you come across.
25. Become a graphic designer
You can use the freelancer platform above to create a profile and start selling, or you can test your skills on platforms like 99designs. The site competes with other designers for specific projects. If the client likes your design, you can get the design and start working.
I am using the 99designs search engine to search for professional designers.
Another way to get your customers to be graphic is offline. Go to your local chamber of commerce or spend some time wandering around your city. There may be many companies that need graphic design skills. Also, new logos, brochures, and even company uniforms.
You can try going to a local co-working space. They are usually filled with startups and other companies that require design skills.
26. Create a podcast
If you enjoy talking, sharing ideas, and conducting interviews, then it’s a great way to explore podcasts. The podcast market is currently booming. This is a good thing.
Listeners like the portability of podcasts. Most of us are always busy and have no time, so it has become a favorite way to consume content.
To be successful in today’s podcasts, you need to create high-quality content. This includes not only the audio quality but the quality of the content as well. First, you need to invest in a sturdy microphone.
If you plan to adopt an interview-style podcast, you need to stay in touch with your guests. You may need to conduct some mock interviews with friends and family first. This way, you can understand your style before the first interview.
To better understand what a podcast is; take a closer look at the best podcasts from iTunes or Spotify. Hear some of the textures that have caught your eye and look at their common quality indicators.
- Can they tell an amazing story?
- Are they fun?
- Do they have an interesting point?
- Will they create unique interviews?
By learning from the best, you’ll know what to include and what to avoid when creating your storyline.
With podcasts, how much money you can generate depends on the size and engagement of the viewers. The more viewers you have and the more podcasts you download, the more likely you are to live a decent life.
Here are some options to explore:
Sell products and services related to the topic you are talking about
Create a podcast subscription website
Sell sponsorships that can be read aloud before the interview
Open the podcast to donations
In 2021, there are many ways to make money at home and online. Similarly, you can make money anywhere as long as you have internet access.
Choose the option that works best for you. And make 2021 a life-changing year!
Remember, with an online business, you do not need a lot of monetary investment to get started. So give your interparental spirit a try, and you may actually succeed in the process.