It is possible to make a significant amount of money online, believe it or not. Yes, I’m going to show you some viable ways how to make 100k a year!
You probably already have all of the necessary tools and talents to get started.
The question is: how do you even begin?
Let’s talk through some ideas…
So many folks are doing it right now all across the world.
No, I’m not going to propose that you get a second job or work a night shift. What you need is an online company, a blog, or a website to get started.
Don’t get me wrong: creating an internet business isn’t enough to start earning an extra $100,000 per year instantly.
You may, however, turn $1,000 into $100,000 per year with some good ideas and a lot of hard work.
I know, there are a ton of internet money-making opportunities.
There are always options for working for someone, doing on-demand jobs, or freelancing.
You do, however, become fatigued after a while.
You get tired of wasting time filling out online questionnaires, providing routine customer service, or taking customer calls.
It’s not only monotonous and uninteresting, but it also has no future or potential to increase your revenues.
Today, we’ll go through how you can create your own web business that will generate monthly passive or near-passive revenue.
Furthermore, this money grows with time, and you can rapidly reach a five-figure monthly income.
Let’s get started and explore how you may begin working for yourself and earning passive income online.
How To Make 100K A Year
1- Publish Tutorials On YouTube/ Blog
You probably have a lot of skills that you aren’t even aware of. Maybe you’re a gifted mechanic or an interior design whiz.
Perhaps you’re an expert in woodworking or handicrafts.
Simply take a video of yourself doing it and upload it on YouTube and on your blog. The number of individuals looking for a “how-to” video will astound you.
If you become well-known, you can earn money through YouTube views and advertisements.
You can even expand your own blog (or “microniche”) around this larger niche. (I have written a thorough guide on how you can set up a blog from scratch)
Once your blog has started getting traction, then you can sell books, give a premium membership, or sell ad spaces.
When Avalon Yarnes created the Avalon Cakes School, she did exactly that.
She is a professional cake designer. Premium membership on her website costs $15 to $25 per month for access to special tutorials.
While it may not appear to be much, you must consider that she has over a thousand monthly paying members.
Let’s do some quick math here. To make $100,000 per year she needs to make at least $10,000/month.
To produce $10,000 per month with a $15/month subscription, you only need 700 monthly members.
Related Reading: Types Of Blog That Make Money – Click Here To Learn About Money Making Blogs
2- Be A Seller At Amazon- How To Make 100K A Year Online
Jessica and Cliff Larrew, who earn over $100,000 each year using the Amazon FBA program, are other motivating examples.
FBA stands for “Fulfillment By Amazon,” and it operates in a very straightforward manner. You ship your items to Amazon and negotiate a price.
The goods are then sold by Amazon and sent to the purchaser from their warehouse.
Of course, Amazon deducts 30% from your earnings. As a result, you will receive 70% of the original price.
These items could be anything you bought in quantity or at a discount. You can also sell anything you purchased or manufactured yourself from Ali Express.
Of course, this may appear unduly simplistic, and the skill of selling and reselling entails much more. You’ll need to decide which products to offer.
It’s always a good idea to start with something you’re familiar with and have sold before.
There are numerous resources available online that can help you determine which products are currently trending on Amazon FBA.
3- Create Your Own Print On Demand Store
Do you like weird or trendy t-shirts?
Are you a fan of modern marketing and fresh concepts?
Then produce t-shirts, pillows, mugs, and other trendy products with your skills to generate recurring cash.
However, I’m not talking about simple printing, large orders, or inventory management.
With these services, you won’t have to deal with tangible goods in your garage.
Printing, shipping, and refunds are all handled by these websites and services.
Consider Benny Hsu, who made $100,000 selling t-shirts on Teespring in less than six months.
You don’t even have to be a great designer to do this.
Your merchandise must address current events, trendy themes, clever quotations, or be amusing.
4- Write And Self Publish Books – How To Make 100K Year Online
You might wish to pursue writing books if you have a narrative to tell or a subject to investigate.
Before you say no, keep in mind that they don’t have to be a certain length or style. You don’t even have to be the industry’s top expert.
Lisa Cartwright is a fantastic example in this area. She’s a profitable author who started out as a freelance writer.
She used Amazon to self-publish a number of short books and now earns more than $3,000 per month from her novels.
But I’m sure she could quickly raise her earnings if she wanted to learn how to make 100k a year.
Amazon Kindle Direct Publishing is the most common choice for publishing your book through self-publishing companies.
The best part about it is that you do not need to be an expert to publish your book on Amazon. It also gives you access to a wide variety of audiences.
But if you desire to get your book printed, print on demand is the best option because of the many benefits, such as no limit and no storage issues.
Some famous book print on demand services are,
2- Book Baby
I have written a detailed guide on self-publishing children’s books. Click the button below to learn more.
5- Do Product Reviews On YouTube
Did you know that certain companies will pay you to review their products? Consider how wonderful it could be, particularly if you have children who can review toys.
No matter, it doesn’t have to be toys; anything goes. You can get paid to evaluate almost any product under the sun.
Try starting your own YouTube channel and posting reviews that any company doesn’t sponsor.
You go over what you want, such as toys, and make sure they are safe and functional.
This isn’t to mention all the cool stuff you’ll get to see and play with while getting paid for it.
Related Reading: YouTube Equipment For Beginners – Learn What Is Needed For Your Channel
6- Offer Social Media Management Services
Social media management is one of those profitable and scalable online careers for anyone.
It entails maintaining customers’ social media accounts.
Such services include running sponsored advertising, managing campaigns, calculating ROI, adding photographs and videos to encourage engagement, holding contests, etc.
If you already know how to do it, that’s wonderful.
It has one-month free trial.
Most multinational and local brands/companies have social media profiles.
However, some don’t have time to handle them or don’t place a high priority on them.
Evaluate your community to see if all of the local companies in your neighborhood have a solid social media presence.
If you come across a business that isn’t using social media, that could be your first potential client.
What you could do is send them a professional proposal and offer them your social media management services.
Before sending them a letter, extensively investigate their market. See if any of their competitors are using social media for business.
Please don’t start talking about your services right away when mailing them.
Instead, show them how much money they’re wasting by not utilizing the potential of social media.
Then send some examples of their competitors who are doing well on social media.
This is the ideal approach to get your social media management company off the ground. You might also want to try Fiverr to get your first few clients.
7- Share Your Skills – How To Make 100K A Year Online
Obviously, there are some things you already know.
It could be playing the guitar, learning an online computer language, or even practicing yoga.
These are just a few examples of abilities that people look for on the internet on a regular basis.
You don’t need a degree or years of experience.
You only need solid knowledge and communication skills to be able to teach what you know to others.
The more students you have, the better off you will be in the long term.
8- Sell Stuff That You Create
You can generate additional money selling handicrafts if you are creative and have a talented pair of hands.
This could include anything from cultural objects to art, paintings, or souvenirs relating to your location or heritage.
You might start by putting your handcrafted things on Facebook to see what kind of response you get.
You can also go to Etsy, the most popular online store for people to sell their handmade stuff.
On Etsy, you can sell physical objects or digital printable PDFs of your design.
This can quickly build up to your monthly income and provide a consistent stream of cash. You’d only need to list your products and wait for orders to come in.
Think outside the box when you make hand-knit clothing, stylish jewelry, handmade wallets, or whatever else comes to mind.
This is precisely what Brandi Arnold did when she first opened her Etsy shop.
Her bath and cosmetic products are manufactured from scratch, 100% organic, and cruelty-free. She now has a six-figure salary from her Etsy shop.
9- Be A Promoter For Others – How To Make 100K A Year
Perhaps you were reading this post and thinking to yourself that you have nothing to sell.
You also can’t make something with your own hands or don’t have any special knowledge worth sharing?
If none of the aforementioned strategies appeal to you, you should seriously consider entering the realm of affiliate marketing.
You don’t need to be very creative or have any specific abilities to succeed with affiliate marketing.
All you have to do is advertise things that have already been designed or made by others.
This method is relatively straightforward.
You earn a commission when a consumer purchases a product after clicking on your referral link.
Commissions are calculated as a percentage of the total purchase price or as a fixed rate.
Depending on the volume of sales he has referred, this referral scheme pays her $30,000-$40,000 every month.
Of course, this is not an average outcome. Most people earn a fraction of that.
However, it’s still a good illustration of potential income that someone else was able to tap into.
Hosting providers have an advantage in that their affiliate programs pay out anything from $50 to $200 for each referral.
Please note that only the top affiliate marketing programs are the only places where you may make this kind of money.
Related Reading: Best Credit Card Affiliate Programs – Click Here To Learn More
10- Record and Publish Your Conversations – Be A Podcaster
Is there anything in particular that you excel at?
Is there anything, in particular, you’d like to learn more about?
Are you an excellent listener with the ability to ask excellent questions?
It’s time to think about starting a podcast!
For podcasters, there are a plethora of topics to choose from. The more well-defined your material is, the greater your chance of leaving an impression.
You’ll need some essential recording equipment for high-quality sound, but that’s it.
Most importantly, you’ll need to be persistent. Building a large audience takes time, but it’s where big money lies.
Advertisers will pay you to air commercial spots on your show once you become well-known.
You can also make money from Patreon donations from your listeners.
Yes, you can make 100k a year via podcasting, but it’s far from easy.
This is especially true if you don’t have a service, product, or digital product to offer your listeners.
Related Reading: Podcasting For Business – Learn How To Start A Podcast Here
11- Monetize Your Email Blasts – How To Make 100K A Year Online
Email newsletters can still earn you money in this day and age.
I’m certainly not talking about your regular newsletter, which is plainly geared to sell.
Newsletters must be valuable for them to convert, and there are various ways to create an excellent newsletter.
You can create a topic-specific collection of headlines and reports and send out purchasing and selling advice.
The tool I use for sending newsletters to my subscribers is ConvertKit.
You can check out GetResponse, Aweber, and Constant Contact as well.
You can also read books or watch movies and then send out fascinating details and a summary to your followers.
How can you make money off of newsletters?
You can get a promoter or sponsor to support your newsletters if you have a large enough subscriber base.
You can offer a monthly or annual subscription to your newsletter if your material is valuable.
With over 400,000 subscribers, Farnam Street accomplishes this.
12- Be A Freelance Writer
Freelance writing entails composing blog entries, articles, emails, social media posts, and press releases, among other things.
You can offer these services to businesses and individuals with their own websites.
It’s currently one of the most in-demand online abilities, and it’s a terrific opportunity to earn 6 figures each year.
This is due to a growing trend among businesses to embrace online marketing.
Content is the foundation of web marketing, and corporations engage freelance writers to write articles for them.
You should absolutely pursue freelance writing if you can write well and believe you have an engaging writing style.
It takes a lot of effort, and you may become irritated if you don’t acquire any clients at first.
The secret to success is to continue with the business and maintain your momentum.
To begin your freelance writing job, select a specialization (target market) such as travel, health, beauty, or personal finance.
After you’ve decided on a topic, properly investigate it before beginning to sell your services on social media.
Then write 10 to 15 articles to develop your portfolio.
You may have heard of a branch of freelancing known as “Copywriting.”
Copywriting is more akin to creating sales presentations than it is to write regular articles or blog entries.
Copywriters make significantly more money than other content writers (in most situations).
It’s due to the fact that they write to increase sales for a company.
Businesses are always willing to pay a high price for an engaging sales copy.
Which one you try first, content writing or copywriting, is entirely up to you.
I prefer copywriting because it is a high-paying skill.
You only have to take on a few gigs allowing you to earn 6 figures annually.
Related Reading: Freelance Writing Websites – Click Here To Learn More
Final Thoughts – How To Make 100K A Year
This concludes the article on how to make 100k a year.
All of the methods stated in this post are merely suggestions. It is up to you to put them into action and convert them into full-time enterprises.
Please give it your all when you decide on pursuing one of these methods.
Your coveted 10K a month will come to you in due time.