That’s the dream for most of us, isn’t it? To be able to make enough money for a good quality of life without having to dress up in a suit or spend the majority of our days in the office having meetings about meetings? Well, the good news is that it can actually be done. In fact, you can make enough money to live on without even having to get off your couch. Read on to find out how.
An online store
Imagine having a shop that sold things online but that you didn’t have to deal with or manage the stock in real life. Well, that is precisely how drop shipping works.
In fact, if you find a decent and reliable drop shipping supplier all you need are some good photos and to deal with the shop end of things, as they will manufacture, and supply your customers once they receive the order from you. They will even handle the shipping side of things, making it a very low effort option that you can realistically run from your couch at home.
Of course, where you focus will be on the website and online store. Although it is useful to know that if you are just starting out, it’s totally possible to create a website with an e-commerce store from templates that won’t cost you very much at all.
Additionally, the majority of your effort should be going into driving traffic to that site, something that some people choose to achieve by writing products reviews with direct links to their stores, as well as paying for PPC advertising as well.
Surveys & testing
Many people think that completing online surveys or website testing is OK for a side hustle but that you can’t make a full time living from it. However, this doesn’t need to be the case, especially if you can find companies that are looking for website testers in a full-time capacity.
Of course, to test websites, you most definitely don’t have to get off the couch, as long as you have a laptop. You will be expected to visit a fair few in a day though, and comment on how easy to use they are, as well as their aesthetics and other features as well. Something that is usually done by voice recording while you are using them to get the best quality data.
Investing is another way that you can make a living without having to get up from your couch. In fact, relative to the time that you need to put in doing research and making your trades, investing will barely take up any of your day at all!
It is vital to do research, however, because there is much to learn in the investing world inducing all the different markets like Cryptocurrency, Forex, and Futures, as well as the terminology, the exchanges running in each country, and even the times when they open and close.
Of course, there is no guaranteed return when you are investing, and that means not only do you need money to get going, but you could end up with significantly less than you started with. Remember, though that you can minimize the risk of this happening, staying away from the higher risk investments such as day trading and penny stocks.
If investing isn’t for you, why not start a blog instead? One of the best things about investing is that you can blog from just about anywhere on Earth that has an internet connection, including your own couch in your own front room.
Also, starting a blog is a relatively low-cost way of creating a revenue stream. This is because you don’t need the vast sums of money required to make a profit back like you do when investing. In fact, as long as you can find somewhere to host your site, you are pretty much sorted.
Of course, there is a massive difference between creating just any old blog and one that is successfully monetized. Luckily, you can get there by breaking down the process into several stages. The first is creating the best content possible to attract as many readers as you can.
This means content that is relevant, well written, and engaging. Next, you need to promote your blog through both paid channels like PPC and unpaid channels such as collaborating or commenting on other bloggers work.
Blogging can not only be profitable, but act as fantastic way to express your opinions as well.
Finally, you need to find a way to monetize your blog, something that you will find it much easier to do once you have a lot of readers because companies prefer sites that have a more substantial following.
In fact, there are a few different ways of doing this, such as accepting sponsored posts, doing paid reviews, working with an affiliate store, or even hosting advertisements like banners on your blog. You can even do a combination of all four if you like, but remember that too much promotional content is likely to put off readers, so it is difficult to balance if you want to make as much money as possible from your blog.
Teach and tutor
Finally, while you might not envision yourself at the front of a classroom, it doesn’t mean that the world cannot benefit from your experience and talents as a teacher or tutor. In fact, you can totally make a living from teaching or tutoring online.
Of course, what you teach will depend on what you know about and have experience in. Although popular courses at the moment tend to be Teaching English as a Foreign Language (TEFL), practical crafts such as crochet knitting and sewing, and even marketable creative skills that will allow the student to freelance, like graphic design, web design, and coding.
There are plenty of platforms that can help you online teaching as well, including language school sites, and video sites like Youtube. There are even specific sites for craft tutorials like Craftsy, and you can always offer one to one lessons over Skype as well. Of course, the best thing about this tutoring and teaching online is that you don’t even have to leave your favorite spot on your couch to do it!