Trying to get ideas on how to make $10000 a month? Wouldn’t it be sweet? Well, it’s time to stop dreaming and start doing. You can use things you already know or have on hand to turn this dream into a reality.
It may appear far-fetched, but it isn’t. Thousands of individuals are doing just that right now. Working regular employment or even freelancing will not suffice. However, blogs, websites, and tiny internet enterprises can help.
Will everyone who tries one of these ways online make $10,000 each month? Not likely.
With the correct advice, dedication, and a little effort, you could earn an extra $500 to $1,000 every month!
If you stick with it for a few years and continue to learn and expand, you could easily make $10,000 each month, even in your sleep.
I’m aware that there are several ways to earn money online. But there comes a time when you need to be choosy. You wouldn’t want to waste hours upon hours each week filling out questionnaires or dealing with customers.
I’m going to focus on topics that almost everyone can start with within this post. This is something that can readily scale. And they are the ones that are most likely to provide monthly residual or passive revenue streams over time.
So, after saying all that, here’s my list of 10 tried-and-true ways to transform your existing knowledge into a five-figure monthly revenue stream, complete with real-life examples.
Ways How To Make a Month $10,000 Without Much Capital
1. Share your expertise.
Are you an expert woodworker? Do you enjoy detailing cars? Maybe you’re into home renovations.
Maybe you’re an expert at using health and beauty products or applying cosmetics.
You may now earn a consistent monthly income by teaching people how to do precisely what you do to achieve the same results.
If you’re really popular, you can monetize your YouTube views (like I’m working on doing here) or by running advertisements. Otherwise, you should definitely start your own specialty website or membership area.
Related Reading: How to make your money work for you – Check it out Here
2. Teach online courses
I’m sure you know a lot of stuff that only a few individuals are aware of. Music, programming, sales, or yoga are all options. These are talents that people are always looking to learn on the internet.
You don’t need a master’s degree or decades of expertise to succeed. However, you must have some knowledge and the capacity to communicate it in such a way that others can benefit.
Shayna Oliveira runs the Espresso English website, where she teaches English. Her courses are inexpensive, costing around $30 per batch. It may not appear to be much, but it may add up quickly if you have many clients.
In a recent interview, Shayna stated that Espresso English had reached the stage where she would make $10,000 per month virtually every month. All she needs to do is apply what she already knows. Not bad for assisting others in learning a new language.
3. Sell other people’s products.
With Amazon FBA, many people have the opportunity to make hundreds of thousands of dollars a year.
If you’re wondering, “What is Amazon FBA?” FBA stands for “Fulfillment By Amazon,” and it works like this:
You send your items to Amazon and set your own pricing. Then they put it up on the internet, sell it, and transport it to your buyer. You are compensated, minus 30% they deduct for all of the heavy work.
The products may be stuff that you buy in bulk and save money on, or they could be items that you obtain from international manufacturers. To sell something, you don’t even have to touch or pack a single product.
It appears to be a simple concept – and it is – but there is a learning curve, and it is critical that you deal with goods about which you already have some understanding and expertise.
4. Profit from your crafts.
Do you enjoy making crafts, art, or other handcrafted items? Have you ever posted these on Facebook and had your friends ask where you got them?
If so, Etsy might be a fantastic avenue for you to put your abilities to good use and earn some additional income each month.
Etsy is an online marketplace where people from all over the world sell their handmade goods.
Put up an Etsy store on the platform and start selling whether you manufacture gorgeous crafts, art, bespoke jewelry, handbags, or anything at all.
5. Design and sell merch.
Are you a lover of t-shirts that are unique, quirky, or nerdy? Do you have a keen sense of style and enjoy keeping up with the latest fashion trends?
By creating t-shirts, mugs, and other items, you may earn money on a monthly basis. I’m not talking about screen printing, bulk orders, or inventory management.
You can easily submit your designs and run your online business using services like Teespring or CafePress. Printing, shipping, and refunds will all be handled by them.
Entrepreneur Benny Hsu made $100,000 selling t-shirts on Teespring in just five months.
No, you don’t have to be a whiz in the field of design. Shirts featuring memorable quotations, phrases, and sayings may be a great hit.
6. Start a podcast.
Is there a subject about which you are very knowledgeable? Or perhaps a topic that piques your curiosity that you’d want to learn more about? Are you an attentive listener?
Do you have a knack for starting and ending conversations? Then you should think about starting a podcast!
Podcasters and podcast listeners have a plethora of topics to choose from. The more specialized your topic is, the better chance you have of making an impression.
You’ll need some gear, but it won’t be much. What’s more, you’ll need to be persistent. It takes time to amass a large following. And it’s there that the money is.
Advertisers pay you to put ads on your program, or you may generate money by accepting Patreon contributions from your listeners. Here are a few more methods to monetize your podcast.
In all honesty, earning $10,000 per month via podcasting is feasible but unlikely, especially if you don’t have anything to sell your audience in the way of a product, service, or digital item.
7. Market other people’s products.
Have you gotten this far and said to yourself, “I don’t think I have anything to teach, make, or write about.”
If that’s the case, you should look into affiliate marketing. Affiliate marketing is when you direct customers to existing products or services in exchange for a modest commission from the company.
Pat Flynn, for example, is well-known affiliate marketer. According to his publicly available monthly income statistics for his blog, he earns between $30,000 and $40,000 each month by directing visitors to companies.
If you’re just getting started, here is a list of companies with affiliate programs that you can promote.
8. Send emails.
That’s right; you read that correctly. With an email newsletter, you can generate money.
However, this isn’t just any newsletter. And it’s not your usual business “look at how great we are” email. This has to be worthwhile. Sending out valuable information could be beneficial for everyone involved, and there are a variety of ways to do so.
You may create topic-specific news and article collections. Send out money-management or financial advice. You can also read books and send relevant data and a summary to your followers.
So when do the funds come in? You can get a sponsor or advertising if you have enough subscribers. You may offer a monthly or annual subscription to your newsletter if your material is genuinely worthwhile.
9. Sell digital products like ebooks.
I have heard of many self-published authors who has written and self-published a number of books and sold them on Amazon. Most make well over $3,000 each month.
You might want to try writing books if you have something to say, a tale to tell, or a subject to teach.
Before you protest, remember that they don’t have to be a specific length or style, and you don’t have to be the world’s foremost expert.
It’s not simple to write a book, but it’s a fantastic option if you’re not interested in audio, video, or tangible items.
10. Review Stuff.
There are businesses that will pay you to write reviews for their products. Isn’t it amazing?
Not into toys? Don’t worry; it doesn’t have to be just toys. Almost anything can be reviewed.
Why not establish your own YouTube channel where you can provide reviews that aren’t sponsored by any company?
That allows you complete freedom to evaluate, contrast, and question your children to find out what they think. Make sure it’s accurate and helpful. Not to mention all the exciting stuff you’ll get to see and try out in the name of the company.
Related Reading: How to Make 3000 A Month – Check Them out Here
Remember, that $10,000 figure is not impossible. Affiliate marketing, consulting services, dropshipping, blogging, selling online courses, and selling your items online are all ways to earn $10,000 online quickly.
This concludes my post on how to make $10,000 a month. All of the methods described in this post are simply suggestions; it is up to you to put them into action and make them into full-time enterprises. Best of luck to you!