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Topic: I need 5 sources of revenue to generate $200 each per month - Ideas? - page 8. (Read 6448 times)

sr. member
Activity: 2366
Merit: 332
I would like you to know that every business involves risk. That said, I think you can learn how trade either forex , commodities, stocks etc or cryptocurrency, that's two suggestions already (that's if you don't know how to already).
The third is to sell products, goods online depending on your location. You can have a telegram group; this is currently turning out to be a big business. But I'm sure I won't join  Grin
jr. member
Activity: 50
Merit: 1
99.9999% advices would be to resell whatever stuff. Well, you could cooperate with me, I'd say. We have a channel in Telegram, we post a free file from Envato Elements stock. Whoever needs specific file, we charge some money. Monthly subscription is possible as well. We'd pay % for such work.  Smiley
hero member
Activity: 2338
Merit: 757
I tried both and can tell you that dropshipping is nearly impossible. It was possible 6-8years ago but now you can not do it anymore. Nobody wants to wait 6 weeks to get his overpriced, low-quality product... You have to sell something special and know how to invest in ads.
Affiliate Marketing is much better imo but hard to learn.
Learning SEO and Wordpress is a great step since you can do so many things with that.
Dropshipping wasn't that profitable even in old days and depends on many factors.
I thought about a service that can help people buy from alibaba and amazom, if you can limit the service to specific countries where the use of debit/visa cards or PayPal is not allowed by law. Users from those countries need this kind of services if you can prove credible, and they can pay you using btc or any other crypto.
Affiliate Marketing can be also a great source of income, but you have to compete whales in the field .
newbie
Activity: 1
Merit: 0
Guys.

So I was wondering if you guys could give me ideas to set up some revenue streams that would not require much time investment per week.

Ideally each source of revenue should bring in about $200 per month and should be scalable.

I have some of my own ideas but I can get too biased about what I think is the right thing, so I want to open up this discussion to all of you that might have better ideas than what I could conjour.



Self-mod thread, but I won't delete your posts unless you start trolling.
Start you own eCommerce.

Dropshipping - You do not even need your own product. Buy products from amazon and sell them in ebay
Affiliate marketing - again you do not need your own product however you need to have very good knowledge about how online advertising works.

These are the two side income you can try. The first one will not need any money at all but the second one may require a lot of money just to educate yourself and to use the proper tools.

Good luck.



I tried both and can tell you that dropshipping is nearly impossible. It was possible 6-8years ago but now you can not do it anymore. Nobody wants to wait 6 weeks to get his overpriced, low-quality product... You have to sell something special and know how to invest in ads.
Affiliate Marketing is much better imo but hard to learn.

Learning SEO and Wordpress is a great step since you can do so many things with that.

Cheers
newbie
Activity: 7
Merit: 0
You can buy and rent or sell .Crypto domains
newbie
Activity: 4
Merit: 0
You'd be spreading yourself way too thin by trying to build 5 income streams off the bat. You're also making an unsubstantiated assumption that 1 or 2 streams can't get you to your goal of $1000/month if you put in the work, which is more than doable. Most people fail because they have no idea what they're getting into, they do inadequate research, and try to go in with no money to spend on the project expecting to make it. In your position, you'd honestly be better off getting a second part time job (I assume you already have a full time job), and experimenting with the extra money you get on the side. As with all business you need to define an audience and find a problem to solve. The best things to get into are probably SEO/Affiliate Marketing/Selling your own services. None of them are easy, some take time, others are faster but take more money. Pick your poison, but unless you have at least $1000 to work with, don't bother until you do.
newbie
Activity: 10
Merit: 0
You can try writing blogs on Publish0x.
https://www.publish0x.com?a=MYer4lEbOB
I'm currently getting about $2 in crypto for every article I write. So if you write 100 articles, thats $200! Tongue
hero member
Activity: 2520
Merit: 783
Translation - Though this needs experience, but if done correctly and through known sources that can give you continuous work (obviously on the basis of your previous works) this one can definitely fetch you $200 a month easily.

Voice-over jobs - It's full of luck to find such jobs where your voice is needed to work for you, but if you get a job done successfully, then a streak of jobs await for you in this field and has a lot more to give you above your expectations.

YouTube - If you are creative enough to make great videos with high quality content, then YouTube is the best place you should go for. $200 is easy if you can get around 2-5 million views for your video and people wait as well as also click on the ads shown during your video stream.

Blogging - It's a hectic task and takes longer before you become a successful blogger as the competition is already on and heating up in this field, but once you gain a lot of subs on your blogs, you can start advertising affiliated ads or even Google ads (AdSense) to earn through this field.


In those fields you listed the one I think it's hard to find is the voice over jobs since I don't find any similar option in this space and you need a great voice before you recognize for this category.

And right now I'm thinking to create my YouTube channel since I've seen so many YouTubers earning some wealth on that platform but for now I'm thinking on what content should I do since I'm kinda shy to face on the camera maybe I will do a DIY crafts or other things.
legendary
Activity: 3052
Merit: 1273
Translation - Though this needs experience, but if done correctly and through known sources that can give you continuous work (obviously on the basis of your previous works) this one can definitely fetch you $200 a month easily.

Voice-over jobs - It's full of luck to find such jobs where your voice is needed to work for you, but if you get a job done successfully, then a streak of jobs await for you in this field and has a lot more to give you above your expectations.

YouTube - If you are creative enough to make great videos with high quality content, then YouTube is the best place you should go for. $200 is easy if you can get around 2-5 million views for your video and people wait as well as also click on the ads shown during your video stream.

Blogging - It's a hectic task and takes longer before you become a successful blogger as the competition is already on and heating up in this field, but once you gain a lot of subs on your blogs, you can start advertising affiliated ads or even Google ads (AdSense) to earn through this field.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
~snip~

I dont recommend masternodes on this matter though.It might be all in auto pilot but the risk on getting having no value coin would be there.
Also it does require big amounts for you to felt up the staking part.
Dai is a stable coin, so the rate is almost without risk.
Investing in a DeFi has a risk, but its relative low.

Cant trust up any stable coin or putting up purely into this one.I would rather choose up putting on bank than having this option.
full member
Activity: 532
Merit: 100
Taking about crypto related investment i think staking , lending and masternodes are good options. For staking if you see https://www.binance.com/en/staking page alogrand is about 16-20% at the moment similarly kava 14-16%.   

For masternodes its one time work to buy vps or setup on your own and let the rewards come ..pretty much auto-pilot.  Apart from affiliate marketing you can use your bitcointalk profile to get project/bounties and outsource maybe if that is allowed i am not sure though. Or maybe create a udemy course 

Apart from online work you can buy apartment and list it on airbnb.. similarly you can put your car for rent etc.

 
hero member
Activity: 1651
Merit: 863
Dai is a stable coin, so the rate is almost without risk.
Investing in a DeFi has a risk, but its relative low.

Actually any investment has a risk. If hold money at the bank, there is also a risk...
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
hero member
Activity: 1651
Merit: 863
You want 200 each month? Thats 2400 a year.
Just buy DAI and stake them with 7.5%/year without risk.
That means you have to invest 32000 USD in Dai.

Ah, you want 5*200=1000 a month? Then you will need 160000DAI=160000USD.
But its totally passive without exchangerate risk and any minute you can unstake.

There are only 3 ways to earn money:
Either invest or work or both.
hero member
Activity: 2730
Merit: 632
start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..


[im g]https://en.es-static.us/upl/2015/02/amethyst.jpg[/img]
random amethyst image from imgur
Would it even be allowed to ship natural resources from one country to the another? I do not think it would be allowed by the customs and you can even loose the minerals in customs. If ever this was allowed, that it might have been a most profitable business for a lot of people because you can easily purchase some minerals in a cheaper price in few nations and sell those in nations where the price for such minerals is high enough.

But, you surely have to get certified from the government before you could do so or it might even be considered as smuggling because transferring natural resources from one country to another without involving the country government is not treated something as legal. I am damn sure OP wants some legal source of income though.
As a person who is related to geology, I can say that the transportation of minerals,gems is strictly regulated, and for this you just need a huge number of different documents, while they can simply be recognized as a rare sample from you, and even confiscated. if you can't prove the legality of its receipt.
Come to think that even goods does really need some certification or documents before it would able to pass out, how much more on natural resources or minerals?
Of course this one would have or does need strict compliance before its able to be exported.If not then it would really just be a big problem.I cant deny that this one
had a potential when it comes on making a business and become profitable but its complicated when it comes to processing of papers which is kinda hassle for most people
unless if you are willing to spend some time and cash on arranging up some things then you can go ahead.
hero member
Activity: 742
Merit: 507
start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..


[im g]https://en.es-static.us/upl/2015/02/amethyst.jpg[/img]
random amethyst image from imgur
Would it even be allowed to ship natural resources from one country to the another? I do not think it would be allowed by the customs and you can even loose the minerals in customs. If ever this was allowed, that it might have been a most profitable business for a lot of people because you can easily purchase some minerals in a cheaper price in few nations and sell those in nations where the price for such minerals is high enough.

But, you surely have to get certified from the government before you could do so or it might even be considered as smuggling because transferring natural resources from one country to another without involving the country government is not treated something as legal. I am damn sure OP wants some legal source of income though.
As a person who is related to geology, I can say that the transportation of minerals,gems is strictly regulated, and for this you just need a huge number of different documents, while they can simply be recognized as a rare sample from you, and even confiscated. if you can't prove the legality of its receipt.
newbie
Activity: 4
Merit: 0
Doing risk free Bookmaker offers has served me pretty well over more than a Decade now. When you are willing to learn some Basic Stuff you can scale this in any Direction. A Three to 5 Figure Income is doable,depending on Time,Offers and Start Capital
hero member
Activity: 2828
Merit: 611
start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..


[im g]https://en.es-static.us/upl/2015/02/amethyst.jpg[/img]
random amethyst image from imgur
Would it even be allowed to ship natural resources from one country to the another? I do not think it would be allowed by the customs and you can even loose the minerals in customs. If ever this was allowed, that it might have been a most profitable business for a lot of people because you can easily purchase some minerals in a cheaper price in few nations and sell those in nations where the price for such minerals is high enough.

But, you surely have to get certified from the government before you could do so or it might even be considered as smuggling because transferring natural resources from one country to another without involving the country government is not treated something as legal. I am damn sure OP wants some legal source of income though.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Start a website and sell software, eCommerce, affiliate marketing, courses, email marketing, etc

Landing pages are an excellent way to drive conversions.

There is plenty of demand on the Internet. It's up to you to fill it and outsmart your competitors.
Selling online courses might be the best option from your suggestions. There are a lot of things which we know but most of the people might not be knowledgeable into these things. OP seems a reputable member here and hence he might surely have acquainted immense knowledge from the field. Knowledge can be shared and even we could get payed for sharing our knowledge because some or the other time, it would yield higher benefits to the individual who would purchase the course from you.

There are a lot of crypto related things which most of the people are unaware about and a best presentation and a live course can really make them understand the fundamentals of cryptocurrencies much easier. This can start a stable income in future if any of your course goes viral.
jr. member
Activity: 58
Merit: 110
 start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..



random amethyst image from imgur
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