The days of being able to rely only on a nine-to-five job are over. With the global economy in flux, it is more important than ever to have multiple streams of income. This blog post will give you some ideas on how you can make money without a job. From starting your own business to freelance gigs, there are many opportunities out there for people with skills and creativity. Here are some ways that show how anyone can make money without a job.
The New Normal
Working for money is hard. You have to wake up early, put in hours on something you might not enjoy, and then face the stress of finding another job when you inevitably get laid off. To make matters worse, the current state of the economy is leaving people without jobs in the first place. That’s why so many people are turning to entrepreneurship to make money while they sleep!
But what if you don’t have a ton of extra time to devote to your side hustle? What if you work a regular 9-5 or are busy caring for children? You can still start earning some extra income while balancing your other responsibilities.
To have a fulfilling career from home, you have to have the discipline to execute your personal AND professional business plan.
This article is organized into 3 sections. Selling your skills, selling property, and making investments. Many of the examples are interchangeable, but they all meet the same goal.
Section 1: Sell Your Skills
If you have a hobby or talent, think about how you can sell it. Maybe you can sell your custom jewelry on Etsy or your handmade soap on Etsy. You might also create a website or app with tips on how to stay fit or healthy.
Start by creating a free website with WordPress to get started. From there, ask friends and family members if they would be willing to buy your product or service. If they are interested, create a PayPal account that allows people to purchase your product or service right through your website.
Here are a few ways to sell the skills you were blessed with, whatever they may be. EVERYBODY is good at something.
Start Your Own Business
The first way that you can make money without a job is by starting your own business. If you have a product or service that you think would be beneficial to others, start selling it to them!
Another way that you can make money without a job is by signing up for freelance gigs. Freelancing is on the rise and companies are willing to hire people who work on their terms. You might have expertise in a specific field that you can provide to businesses or individual clients. You can set your hours and work on projects you are interested in. Whether you're a writer, marketer, designer, or developer, freelance work is an excellent way to make some money on the side.
Websites like Upwork and Fiverr are perfect for finding freelance work.
If you want to focus on freelancing more on the side of your regular 9-5, make sure you are investing time on marketing yourself. Create a professional website that includes your resume and online portfolio of previous work.
Selling Your Hobby
First, if you have a hobby that you enjoy, consider selling it online.
For instance, if you enjoy painting, paint your favorite work and then sell prints of your art on an online store like Etsy. You can also sell your original paintings or sell paintings done by your children.
If you have a product idea, consider launching a Kickstarter campaign to help fund your idea. If it doesn’t go as planned, you’ll at least have the product to sell online.
Or, if you’re really into cooking and experimenting with different recipes, you can use your social media channels to promote recipes that you’ve tried and loved.
The possibilities are endless. If you can think of a way to make money, someone else has probably already done it!
Blogging For Profit
Blogging is one of the easiest ways to make money without a job. All you need to do is find a topic that interests you, write about it consistently, and watch the money roll in.
You can make money blogging in a few different ways. You can review products, write sponsored content, or offer your products for sale. However, blogging for profit isn’t easy. It takes time and effort to do it right.
The good news is that if you have a blog that provides value to your readers, you can start getting paid for your posts. You can charge anywhere from $5-$50 per article—though remember, the higher the price, the higher the expectations for content.
There are also many other ways to monetize your blog. For instance, you can become an affiliate for products you love or use on your blog. You can also sell advertising space on your blog or create your products to sell to make money without a job.
Social Media Management
Social media managers are in high demand, and you don’t need a college degree to make a living wage in this field.
Many small businesses don’t have time to create and post content on social media, which is why they hire social media managers. You can work remotely or from an office, and the average salary is $36,000 a year with a starting salary of around $25,000.
In addition to managing social media for others, many people who go to school for marketing or communications will also do social media management for their brand.
To get started, you’ll need to set up accounts on each social media platform that your business operates on. You’ll then want to create a profile that reflects the company’s branding. Once you’ve done this, it’s time to post! One of the best ways to do this is by creating engaging content that will get people to interact with your posts.
This can be done through contests or giveaways, or by posting about seasonal events like Valentine's Day or Halloween.
Social media management can be lucrative and is a great way to start earning money without a job.
Sell an Online Course
With an online course, you don’t need to be present to earn money. It requires front-loaded effort to create, but after that, you earn passive income in your sleep.
You can create the course through an online course platform like Teachable. People take the course and you make money.
If you earned $200 per course sale, you’d only need to find 50 buyers to reach $10,000.
Creating an online course isn’t a build-it-and-they-will-come type of deal. You have to market yourself. Find creative ways to put yourself in front of large audiences of potential buyers.
Section 2: Sell Property
All of the extra things in your life can help you earn instead of taking up space and collecting dust. Here are some examples.
Sell Items Online
If you have items you don’t use anymore, consider selling them online so you can earn some cashback. You can sell your stuff on sites like eBay, Amazon, or Craigslist to make some extra money.
Selling things on eBay is a great way to make some extra cash. You can sell just about anything on eBay - from electronics to furniture - and you'll be surprised how much people are willing to pay for your stuff!
Sell old clothes
Clothing can be expensive, so why not sell your old clothes to make some extra dough? You can use sites like Poshmark or ThredUp to get rid of your old clothes and make some extra cash.
Rent Out Your Space
If you have a spare room in your place, consider renting it out to people in your area who are looking for a place to stay. You can use Airbnb or another service to rent out unused space in your home so you can help pay the bills.
Section 3: Make Investments
If you have even a little bit of cash, some investments allow you to start small. Or you can dive right in, but make sure you educate yourself on any business venture you plan on starting.
Buy and Sell
Also known as flipping, retail arbitrage, or flea market flipping, the buy and sell a game is one where you find items online for cheap and you sell them for profit.
It can take many forms but commonly entails searching for clearance deals at retail stores, thrift stores, and wholesale websites, then reselling them on Amazon or eBay.
Garage sales, Facebook, and Craigslist are among the most popular names in this field. To succeed, you need to flip items with high demand and proven margins. Both these factors are easy to determine with a quick product search on online stores.
Car flipping is an example of arbitrage with high margins. To make $10,000, find five undervalued used cars on Craigslist that you can flip for $2,000 profit each.
Some call it risky, but the key here is to be positive that what you're buying is in high demand. If you mistakenly invest in a product with low demand, your capital freezes with inventory that’s hard to sell.
Invest in Real Estate
Investing in real estate can be one of the smartest moves anyone makes. Creating rental income is a very popular passive income strategy. You can buy a building and hire a property manager to rent it for you, or buy a duplex and rent out one unit while you live in the other. There are real estate investment companies that make it simple to find, purchase, and even manage investment properties.
In case you don't have the money to buy an entire building, another option is to invest in real estate. All you need to get started with the online real estate investing company DiversyFund is $500, and you can own your share of a real estate investment trust (REIT).
Investing in Cryptocurrency
Bitcoin and other cryptocurrencies have been making waves in the financial industry. Investing in Bitcoin and other cryptocurrencies is a great way to make money without a job.
What is cryptocurrency?
If you’re unfamiliar with Bitcoin, that’s okay! Bitcoin is a type of digital money that doesn’t rely on physical form and can be transferred to others with ease. Bitcoin is often referred to as cryptocurrency because it relies on the use of encryption to make transactions possible.
The financial industry has been struggling to find a way to make transactions more secure and less transparent for some time. Bitcoin has been causing quite a stir as an alternative form of currency because it solves many of these issues. Bitcoin transactions are verified by a distributed peer-to-peer computer network, which means that it is nearly impossible for a hacker to break into the system. Bitcoin also allows for transactions without a middleman, which means that people can trade without a bank account.
If you have some extra cash to invest, Bitcoin might be a great option. Investing in Bitcoin or other cryptocurrencies can be a great way to make money without a large upfront cost.
Gone are the days where the 9 to 5 is the only way to pay your bills. Whether you get laid off, have personal reasons, or just aren't the 9 to 5 type, the possibilities for making money without a day job are now endless and more prosperous than ever!