What is best way to make money online?

Redd's picture

What is the best way to make money online quickly, especially when you don't have a lot of capital?

Assume a basic level of technical skill, but not quite a system administrator or engineer or anything like that.

WisTex's picture

So Many Ways

There are so many ways. You can create content websites, create websites for other people, sell webhosting as a reseller, sell things on eBay and Amazon, have your own online store, sell services... so many things.

It is best to find something you are interested in, and then turn that into something you can make money on. That way you are passionate about it and it will get you through the lean times.

For example, if you are interested in, let's say, model trains, you can create a website about model trains, and make money from ads, and possibly sell products related to model trains. Or if you like building websites, you can offer that service, and perhaps offer web hosting as an additional service.

So I recommend looking at things you are already interested in, and see what opportunities are around those.

Scott M. Stolz
Complete Hosting Guide, Editor-in-Chief
WisTex, Director & CEO

Chris_A's picture

That is a really good

That is a really good suggestion for sure. Doing something that you are passionate about and then being able to market that and make money, is the perfect scenario. Being passionate about something is also a huge motivation to get the work done.

danielledavidson's picture

I agree, I think that having

I agree, I think that having your own store online, or even just reselling things on eBay and Amazon is another good way to make some money. You can just order a bunch of stuff in bulk and sell it for more. People will buy it.

Chris_A's picture

I know a couple of people

I know a couple of people that do exactly the same thing. Buying bulk online and reselling for more. They had good success so far, so this method is definitely feasible.

danielledavidson's picture

I was also going to say

I was also going to say starting your own website would be a good idea. And if you are good at it, then I would suggest that you sell them to other people like was said before. A lot of people are in the marketing for that.

Freelancing Is Fast Money

If you're looking for quick money a website probably is not the best way to go when starting out. Depending on the product and how much effort you put into marketing your site, it could take months before you see any quality income from it. The same goes for Amazon and eBay. Those sites are so saturated with dealers now, you better have something pretty special to offer people if you want to make a living at it. If you want quick money that pays you as soon as the job is finished, then go with a freelance site. Find something you're good at and offer up that service. Then after you have some steady income coming in from that, then you can get a website built and expand your horizons.