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HomeBlogSMM6 ways to make $1,000 per month online! | Best way to make money online | Make money online 2023

6 ways to make $1,000 per month online! | Best way to make money online | Make money online 2023

  • avatarWilliam Davis
  • 2024-09-02 17:58
  • 3 min read
6 ways to make $1,000 per month online! | Best way to make money online | Make money online 2023
  1. Side Hustles and Business Ventures
  2. Virtual Assistant Work - A Lucrative Opportunity
  3. Marketing Your Virtual Assistant Services
  4. Maple - Platform for Hiring On-Demand Talent
  5. Social Media Management - A Growing Income Stream
  6. User-Generated Content - A Cost-Efficient Solution for Brands
  7. Online Education - Sharing Knowledge and Experience
  8. YouTube - Profit from Content Creation
  9. FAQ

Side Hustles and Business Ventures

Fun fact! Did you guys know that my channel used to be called We Side Hustle? The reason why I'm mentioning this is because my content used to revolve around side hustles. In fact, at one point, I actually had four side hustles - four separate businesses that I was running whilst I had a full-time job. All of that to say, I spent a lot of my life starting businesses, starting side hustles, learning how to make money online. I was recently very fortunate to actually be able to quit my full-time job because of the success of one of my side hustles.

Virtual Assistant Work - A Lucrative Opportunity

The first method to making money online that I want to talk to you about is one of the fastest-growing out of all of the ones I'm going to talk about, and that is virtual assistant work, also known as VA work. Now, if you're completely unfamiliar with the term virtual assistant, it's quite literally what it says on the tin - right, a virtual assistant is an assistant who works virtually. Now, the demand for virtual assistants has massively grown in recent years, and here's why: over 3.8 million applications to start new businesses were filed in the first three quarters of 2022. By comparison, that is an 18% increase in the amount of businesses that were filed in 2020 - 18% increase, 3.8 million new businesses, that is a lot of new businesses.

Marketing Your Virtual Assistant Services

So, where do you come in? Well, virtual assistant work is incredibly flexible and actually can be quite lucrative. What you need to do in order to make this work for you though is to figure out your areas of expertise; maybe you're really good at copywriting, maybe you're really tech-savvy, maybe you're just very good at admin work. Figure out what it is that you are very good at doing and also you enjoy doing, and you want that to be your lead offering and your lead service when you are looking for work as a virtual assistant.

Maple - Platform for Hiring On-Demand Talent

At the start of this video, I mentioned that Maple is the sponsor of today's content. This is the perfect opportunity for me to talk to you about Maple because as I mentioned when we were speaking about virtual assistant work, if you want to really take this side hustle or this new income stream and really scale it, you are probably going to need a bit of help, and that is where Maple will come in. Maple is an amazing platform for hiring on-demand talent, and they actually boast one of the biggest databases of vetted marketing freelancers who can really help you scale your new income stream.

Social Media Management - A Growing Income Stream

Okay, so next up, social media management. Now, this income stream has been on the steady incline for at least a couple of years. The reason why is very similar to some of the stats that I shared with you previously. There are a lot of new businesses being launched at the moment, and as a result of that, there are a lot of business owners who need to hire someone to manage their social media channels.

User-Generated Content - A Cost-Efficient Solution for Brands

Now, another income stream that you could explore is similar to social media management but actually a little bit more entry-level, and that income stream is user-generated content, also known as UGC. Fortunately for you, I have a whole video on UGC that I really recommend you watch if you are interested in pursuing this income stream. I'll link to it up here, but essentially what UGC is is when a brand hires you, the creator, to produce content for their social media channels.

Online Education - Sharing Knowledge and Experience

Next up, online education. Now, this is the income stream that I currently favor the most. As part of my business, I have a membership called the Creators Club, which is for beginner content creators, and I have a group coaching program called Creator Income Academy, which is for more intermediate advance creators.

YouTube - Profit from Content Creation

Last but certainly, certainly not least, YouTube. YouTube is the last income stream that I want to talk to you about today. Fortunately, I have so many videos all about YouTube growth; I talk about it in my programs. So, if you want to know more about starting your YouTube channel, if you're really serious about this income stream idea, explore the content on my channel a bit further and drop me a DM with the word "ready," and we could talk about how I can help you with your goals.

FAQ

Q: What is the importance of side hustles and business ventures?
A: Side hustles and business ventures can provide additional income, opportunities for growth, and the flexibility to pursue your passions outside of a traditional full-time job.
Q: What is virtual assistant work and how can it be lucrative?
A: Virtual assistant work involves providing administrative, creative, or technical assistance to clients remotely. It can be lucrative due to the growing demand for virtual assistants and the flexibility it offers.
Q: How can one market their virtual assistant services effectively?
A: To market virtual assistant services effectively, it's important to identify your areas of expertise, highlight your skills, and promote your services to potential clients.
Q: What is Maple and how can it help with hiring on-demand talent?
A: Maple is a platform for hiring on-demand talent, particularly in the marketing field. It offers access to a database of vetted freelancers who can assist with scaling new income streams.
Q: Why is social media management considered a growing income stream?
A: Social media management is in demand due to the increasing number of new businesses seeking assistance in managing their social media presence.
Q: What is user-generated content (UGC) and how can it benefit brands?
A: User-generated content involves creators producing content for brands' social media channels. It is a cost-efficient solution for brands to engage with their audience and showcase their products or services.
Q: How can one leverage online education as an income stream?
A: Online education platforms offer opportunities to share knowledge and experience with a wider audience, potentially generating income through courses, memberships, or coaching programs.
Q: How can YouTube be used as a platform for profit?
A: YouTube can be a profitable platform for content creators through various monetization strategies such as ad revenue, sponsorships, merchandise sales, and affiliate marketing.

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