The prep work before you open up shop is more time-consuming. You need merchandise to sell, photos and descriptions to post, a name for your shop and a business plan to help you succeed. Once that’s done, you’ll still need to find customers. Depending on what you’re selling, that could take weeks, which is why you should expect the overall time for this gig to be slow.
I know it’s not everyone’s dream to work in customer support, but getting on with a virtual call center is one of the best ways to land an employee job online. (An employee job means you’re employed with the company and not an independent contractor. Employee jobs tend to come with regular hourly pay and even benefits packages.) Customer support is also an ever-growing remote field as more and more companies shift their customer service departments to virtual call centers. If you need a regular gig with reliable pay, this is one opportunity you should seriously consider.
Considering that you have a finite amount of time, passive income should make up a large part of your work. If you're serious about generating any semblance of income online, then passive income should be one of your sole goals and ambitions. Why? Wouldn't you prefer to do the work one time and get paid repeatedly as opposed to relying on your time to generate that income? Invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop.
Again, video is much more expensive to produce than written content, so while it’s always good to be versatile, it’s especially important as a video editor or producer. Try to become an expert in every aspect of video production, from lighting to sound to editing footage. Know the difference between what works on a Facebook Live and what works on YouTube.
Robo-advisors are diversified investment accounts that are automatically managed by a computer algorithm (as opposed to a human money manager). If you want to invest, but don’t have the money, or don’t want to invest with a money manager, robo-advisors are for you! Robo-advisors make investing easier—and cheaper—so they’re perfect for new investors.