As long as you are conversant with the internet, making money online with your soft skills in 2020 is something you should consider, FYI, this is not a suggestion. Either as a gainfully employed employee that needs extra income to settle some bills or as a student that needs another source of income for survival while on campus.
Your side hustles are simple things you can do pretty comfortably during your leisure time to earn money.
Working online requires some high level of professional skills, dedication and it requires time, as working online can be time-consuming.
It doesn’t just end in acquiring skills and willingness to dedicate your time, but it’s paramount that you consider the legitimate ways you can make money online and there are legitimate services you can render to make money online.
Here are 6 very legitimate services you can render online to make money in 2020;
1. Build and sell software
The need for software can never be satisfied, as our world is gradually becoming a “soft world” or should I say “our world is already a soft world.” Individuals, business, private organisations and public sectors demands for software to either provide the solution to a particular problem or perform a particular task more efficiently.
Whether the software you can create is an important consumer application that solves the problem of a particular niche or a time-wasting game that helps people to pass time. The fact is, as a professional developer with the ability to create any helpful tools, you can make a lot of money online.
The misconception by many individual developers is that most software is developed by big brands, large development companies or even established development studios.
This is true to some extent, but the fact remains that many of the successfully developed and lunched applications, particularly in Apple and Google stores are developed and marketed by individuals. In 2016, individual developers made over $20 billion in the app store.
Two basic ways for you to make money online through building software products
- First Start-up path, as a software builder that has a creative idea to develop an app or software, then firstly, you validate your idea with real customers and then hire developers or a development studio to build, lunch and scale your software. If you do everything properly and legitimately, your app or software will be accepted to the Apple and Google Stores. Your account will be credited for every download and every payment for premium features for the app or software.
- The second and a bit cheaper path, assuming you have the design and the dev chops for the development of your dream software. This second path as an advantage and a disadvantage, the advantage is if you can bootstrap the development of your software then you retain ownership of your software and the cost is much lower, while the disadvantage is it will take a lot of time to get your app up and running and even higher time investment to make money from selling the apps.
Are you ready to acquire a skill in software building?
2. Start an eCommerce site and sell physical products
Providing solutions to a particular problem faced by hundreds and thousands of people might not be something you can easily devise, but setting up a virtual shop where you can sell physical goods. Sites like Shopify, eBay, Amazon has made life easier, as building your customizable online store doesn’t require too much time ceremony before you build your eCommerce site and start selling legitimate products.
eCommerce sites remain one of the oldest, legitimate and most time-tested ways of making money online. Many digital entrepreneurs have created sustainable and very legitimate businesses by either:
- Providing products with a very high level of certainty that the majority of the people in their niche will love the products.
- Purchasing products at a cheaper rate from foreign manufacturers, repackaging and also combining those products with other products to sell at a higher rate.
Creating and marketing your unique product will certainly deliver you much bigger success and higher value, but then, from experience of different entrepreneurs, the cost is extremely high and the risk associated with creating your product to sell is immeasurable. You should buy already manufactured products at a cheaper rate and sell to your audience.
3. Create online courses to productize your knowledge
Already an expert in a particular course or topic? Either through your skills, experience, current job, freelance business or coaching, you can package that expert knowledge in that particular field into a high-value course and sell it to people online. Even though the building, offering, launching and marketing an online course does not require a large amount of financial investment, what the tutors or experts earn is a lot more than what other digital entrepreneurs earn.
Online courses and other knowledge-sharing services like e-books are termed passive income. This indicates that once the upfront time and effort is put in, with regular updates, upkeep, and marketing, you can earn from this service for months and even years.
4. Lunch a YouTube channel to entertain and educate
Regardless of YouTube recently changing their monetization system, your YouTube’s channels ability to 1,000 minimum subscribers and 4, 000 hours of view time in 12 months, makes it an incredible medium to earn legitimately online.
YouTube is the world’s second-largest search engine after Google and is the third most-visited site in the world. Close to 5 billion videos were watched daily on YouTube in 2017.
Instead of making money from subscriptions, YouTube channels are based on a traditional advertising system, that enables you to earn according to the level of your viewers.
Once your channel is approved by YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2 – $4. That rate seems very low and insignificant, but if you have 100 videos with 5, 000 views a month each, that would accumulate to a return of $1,000 – $2,000 already. Your video hitting a million views bar is a lot of money.
Starting your own YouTube channel is more like starting your blog or website, except the fact you make videos instead of writing. YouTube is a very legit platform for you to earn big in 2020.
5. Record a Podcast and share inspiring stories
Currently, Podcasts are one of the best services rendered to earn a lot online, for a very good reason. Time is moving at a very quick pace and everyone is constantly and consistently busy, this has led to people looking for passive ways to get content.
Building a big-enough audience takes a lot of time, but once you do, it will attract advertisers and create other opportunities for you to earn more.
The podcast platform is constantly in need of unique, original and high-quality content, this makes it very easy for a very creative and innovative content creator, even though as a beginner.
Starting your podcast is more like starting your own YouTube channel or blog, it only requires you to tell interesting, captivating and engaging stories to your audience. Find pretty interesting topics in a particular niche that you can engage the audience and boom! you are ready to earn in 2020.
6. Test websites
You must have professional and expert knowledge of a great and efficient website. Is the design clean and easy to navigate? Is the font readable? Do the contents make sense? Are the buttons easily clickable? Is the website customizable?
There thousands of people who are willing to pay you just to hear your thoughts based on your knowledge and expertise about the features and functions of websites. The rate for website testing for websites testing with most sites willing to pay an average of $10 per 20 minutes or $30 per hour.
To test websites all you are required to do is visit the website, read the contents, click the buttons and observe the navigation, then record all your observations and thoughts in detail.
You can start making extra money in 2020 through website testing. If you know to sign up on TestingTime.