But if you slowly build up one income stream after the other — grinding away and never giving up — reaching $10K per month is inevitable. Certain types of freelance writing, on the other hand, require more specialized skills, offer higher ROI for clients, and are harder to replace. It took her two years of grinding but she eventually earned $10k a month as a freelancer and a virtual assistant. She still works as a freelance virtual assistant, but she’s also created a course to help you grind to 10k a month from home as a freelance virtual assistant a little easier. You can also combine some of these ideas below to mix things up and generate income from multiple sources while working as a freelancer.
Being a Twitch streamer is another way that you can make $10k a month. The best part is that you don’t need a degree to work as a real estate agent. You’ll also need to learn about how to drive traffic to your website using SEO, and other marketing tactics. Could you build a directory of suppliers or vendors in your niche? I did this in the virtual assistant industry, and Brett Lindenberg did it for food truck suppliers. As his audience grew he started negotiating sponsorship deals with large companies in the HVAC niche.
It’s for this reason that the people selling day trading courses and multi-level marketing programs do so well. If you’re looking to invest in real estate, and your goal is to make $10,000 per month, it will take capital to get started. Plus, there’s risk involved because it usually means using borrowed money. Think about things like PDFs, graphics, digital templates, audio content, online courses, and one of my personal favorites, printables. If you are not familiar with affiliate marketing, it involves promoting the products or services of some company and getting a commission per sale or lead.
It involves providing your expertise or services for hire on a contract basis. You can take up freelance projects in any field, from web design and development to copywriting, graphic design, and much more. Entrepreneurship isn’t easy, but it is a powerful way to put your income potential back into your own hands.
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- One streamer called Ninja, who has 16.9 million followers on Twitch earns $500,000 a month.
- Even if they’re not good enough yet to help with the final product, they could help with the planning and prototyping phase.
- Another Redditor says they broke 6-figures in sales within 9 months.
- You list items in your store, and when a customer buys, your supplier handles shipping straight to them.
- The best part is that there is no formal training and you can start as soon as you have a video camera or smartphone to film with.
However, while it’s difficult it’s also possible — and more realistic than many people think. According to the latest U.S. census bureau figures, 12.83% of Americans currently earn more than $120,000 annually. The top names in social media — think the Kardashians, Ariana Grande, Dwayne Johnson, etc. — get paid hundreds of thousands of dollars for a social media post. As a result, the only businesses that can afford to partner with these mega influencers are those with very deep pockets.
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You could design logos, write copy, code websites – you’re selling your expertise directly to clients who value quality work. Want to share your expertise on «Urban Gardening for Apartment Dwellers»? With platforms like Whop, you can get started creating your online course in minutes. Instead of hunting for one golden goose, consider building multiple smaller income streams. Building $10,000 in monthly passive income is it legal for a blockchain based startup do ico in india icos isn’t a get-rich-quick scheme – it’s more like a get-rich-slow-and-steady marathon. But with the right approach, persistent effort, and realistic expectations, it’s achievable.
Mino is a college dropout who decided to create a content business. Remember, people don’t pay for information – they pay for transformation and accountability. If you can help people achieve their goals, word will spread, and your coaching business can truly thrive. Some even create group programs or membership sites, allowing them to help more people while multiplying their income. Here are six signs you’re ready to start a consulting business.
Virtual Assistant
- That piece of writing is extremely valuable to the company, and it would be harder to replace that copywriter with someone else who can achieve the same results.
- You can also create things like Discord or Slack bots that fulfill certain tasks, content schedulers, Framer templates, and so much more.
- By creating review and comparison videos, you can easily promote your links in the video description and comments to increase your sales and earnings.
This kind of job requires you to market your freelance profile on multiple platforms. In addition to freelance platforms, you’ll need your own website, portfolio, or referral system to keep high-paying work coming in on a regular basis. It requires building a platform, whether it’s a blog, a YouTube channel, or a social media account, where you can promote products effectively.
You realize that while you aren’t making as much, you are essentially creating an income source that’s mostly passive. So instead of one ginormous blog earning $10,000, you might find people who have three blogs that earn several thousand dollars each. There are blogs earning five figures per month in many different niches — here are some examples of travel blogs that earn well.
Build Wealth
However, when it comes to blogging, you can control your growth. This is one of the ways it differs from a traditional business. But if you want to hit the 10,000 dollars a month mark, you’ll be grinding hard. You may have to hire writers, editors, and social media managers.
Expensive courses require cryptocurrency mining the ultimate guide to understanding bitcoin ethereum litecoin monero zcash mining technologies pdf regular upkeep sometimes, but honestly, it depends on the topic, so there’s no hard and fast rule for this. Join the more than 150,000 creators who use Teachable to share their knowledge. Easily create and sell courses, coaching, and digital downloads with our powerful yet simple no-code platform.
Bookkeepers provide financial services to businesses such as accounts payable, accounts receivable, payroll, and general ledger maintenance. With affiliate marketing, you’d get paid when someone makes a purchase from your affiliate link just like that. With this method, you’ll need to have some skills to get started, but it’s an awesome opportunity to start the best cryptocurrency exchanges to trade with making money online. Another benefit of this side hustle is your ability to expand service offerings to your customers. Between content creation, email marketing, and running digital advertising campaigns – there is plenty of room to expand.
You can take virtual bookkeeper courses in order to get certified and stand out from the competition. The more you can do to showcase your training and certifications, the more higher-paying clients you can attract. There are several free online resources, from blogs to YouTube channels, that can help you start investing. Finally, small business owners use resale platforms like Depop, Poshmark, or eBay to sell thrifted antique finds at a higher price. But really, making $10K a month is a totally achievable goal. Making $10,000 in monthly income may seem like a big goal, but I personally know that it’s possible with the right mindset and effort.
For this article, we took the above list of industries and found the best business ideas that allow you to generate $10,000 a month as fast as possible. Admittedly, I was long terrified of investing in the stock market. The thought of trying to pick stocks and watching nervously as they go up – and especially down – always felt too risky for me.