Tuesday, 13 September 2016

how i make $1000 a week online

As Joseph Philleo mentioned, $1000-$2000 a week is $52,000-$104,000 a year.

You say 'side business', so let's assume you can't work on it more than 20 hours a week. You also don't care if it's illegal.


Here we go.

Ideas that are legal

    Set up local businesses' social media platforms and charge them a one-time setup fee + $xxx/mo to grow, engage, and report on performance.
    Become a freelancer writer. If you're creative about how you write (hint: use speech to text and edit down into prose) you can get your hourly > $50/hour even at rates like $1/100 words.
    Learn to play poker either online or in-person. Online, go for low-stakes and grind out your cash. Live, go for higher stakes and hunt down atrocious players (see my answer to How much can a competitive online poker player make? for more)
    Become a webcam girl or boy and do live shows for money. Either be exceptionally hot or find an under-served niche.
    Become a tutor that focuses on rich students that are under-performing in the subjects you're best at.
    Do contract sales for companies that pay you recurring revenue. Over time, if you take care of your accounts, you won't even need to close new ones if the retention rate is high.
    Arbitrage mispriced items on Craigslist
    Arbitrage textbooks on Amazon. Time it with quarters / semesters / school years ending and hold until next quarter / semester / school year.
    Drive 20 hours a week for Uber + sell a home made like this guy this guy
    Buy enough vending machines that your cashflow for your investment is $1,000-$2,000 a week
    If you rent, barter services with your landlord to reduce your rent to $0/mo in less than 20 hours a week of work. If that doesn't get you to $1-2k a month, do the same with other recurring expenses in your life.
    Buy and set up computers for businesses or home offices
    Create a product, validate market, get it manufactured, fufill it by Amazon, and sell $1-2k worth of it a week.
    Consult in any service where you can charge $4-8k a month. This can be 1 client at $4-8k, or X clients at $4-8k/X. Usually services that can be tied to revenue-generating activities work best.
    Learn to code and provide simple WordPress theme / functionality fixes for $100 a pop.

Ideas that are either flat-out illegal or questionable at best

Don't do any of this shit:

    Grow marijuana and sell it to medical marijuana cooperatives. Or "donate it for your time" if you want to be technical about it.
    Buy any illegal drug wholesale, split it up, sell it
    Better yet, why buy the drugs? Just steal them and then sell them. Infinite margins.
    Work on your pick-pocketing skills (surprisingly easy to learn) and steal purses and wallets from high net worth individuals
    Buy all of the parts necessary to make your own AK-47s and sell them once assembled
    Look at the jurisdictional maps in your city and find areas where, if you commit a felony, you'd have to be tried by a federal court. Then commit a high-profit crime that is not important enough for a DA to actually prosecute. This way you'll be charged, but won't actually go to jail. Stealing $10k worth of copper from a naval base is a good example of this.
    Become a contract hitman and kill people with the seeds of the castor plant a la Walter White from Breaking Bad. Charge a premium due to making it look like an accident.
    Torrent all of the common programs used by most people and provide an install service for them.
    Rent all of the textbooks for the most popular classes at your college and OCR them. Provide .mobi / .epub / .pdf versions for $xx a piece.
    Fake your day trading returns and start collecting money for a day trading fund a la Bernie Madoff. Keep paying off people until you trade up to $100k investment, then disappear.

If you have any more ideas, comment! I love thinking of side hustles.
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Zach Pinnell
Zach Pinnell, Been selling online since I learned to read and write.
Written 14 Apr

I think you could do $1,000 to $2,000 a week with a simple buy-low and sell-high business model.  $1,000 to $2,000 a week isn't really "side money", but you could definitely make it happen it with nights and weekends.

I got pretty close to that range just flipping things on eBay/Craigslist/forums in middle school, but I've refined my efforts since.  Much better to have the supplier ship the product for you, and own your own sales page independent of eBay.  That way you have your own brand, so you can justify higher margins.  Plus, you can use the sales page to collect e-mails, write a blog to engage potential customers and spread the word, use pixels to re-target visitors with ads to remind them to buy.

If you can find something cool/useful to sell, can communicate why it's cool/useful, and you can reach a large audience online just being scrappy, you will do well.

Ever seen Shark Tank?  More people are starting million dollar businesses than ever before thanks to the internet.  Mostly in the manner described above.  People who have no marketing budgets, and no experience.  The exposure to potential customers that you can achieve without spending any money is just insane.

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