How to make money online in 2024
This is a good question. Personally, we would be focusing on the online side hustles for quick cash. If we are looking to build a solid long term business you would really be trying to build a software as a service business (Venture capital backed, very hard business).
What you want to build really depends on your risk profile:
are you looking for something more or less risky. Remember more risk more return!
Things all of these below have in common:
1) Investing in stocks (risky)
Very risky thing to do. They can go up as well as down. We would recommend blue-chip large-cap stocks which are less volatile. You can use brokers like Robinhood.
Stocks and shares are considered a very risky asset class.
2)Start a youtube channel (risky)
This is ultimately very very difficult. Not only is the market very saturated, you need to invest in equipment as well. It will take you on average of 150 videos to get any kind of revenue and join the partner program.
3) start a blog (less risky)
Easy to do. Build a community, start writing. Make money from affiliates, sponsored posts. You can use medium for this. Focus on a niche you enjoy to write about. SEO also takes time. Dont expect any return without putting in 1 year of solid constant writing.
4) Start an affiliate site (less risky)
Start a blog and start, sign up to affiliates and get paid every customer that gets converted.
5) Look for different jobs on craigjobs or our side hustle stack below.
These will get you to be able to earn some extra income
Check out our side hustle stack
Vlad Kozul