Udemy has a revenue system which dictates that if the students enroll using instructor coupons, the instructor gets to keep 97% of the revenue share. However, if the students enroll without using the instructor coupons then the website gets 50% of the revenue while the remaining 50% goes to the instructor. So, the more students you are able to attract, the more money you stand to make.
The other option is selling your domain if you have a good SEO score (Domain Authority) or you own a domain with a special name. My favourite social media scheduling company, buffer, bought buffer.com in $600,000 last year. In a similar way, you can buy expired domains and sell at a higher price to people who need that. Honestly, domain trading business is tricky and you have to be an expert even to start, otherwise, you may lose money.
– Project Payday is one of those sites that has testimonials of people who have earned thousands of dollars by getting paid to get trial offers. I’m not saying you’ll earn thousands, but it is legit and you can earn some extra cash. They assume that by paying you to do a free trial, you’ll either like the product and purchase it, or forget to cancel the trial and get charged for it. If you can keep track and cancel before you get charged (if you don’t want the product), then this is a great site for making some money.
This book is by Darren Hardy the CEO of Success Magazine, he goes over how it’s the small, seemingly insignificant choices that compound to create success or failure over time. No one has a plan to be broke and fat but that’s what happens when you don’t have a plan and go along the path of least resistance. Hardy argues that you cannot improve something until you measure it and to always take 100 percent responsibility for everything that happens to you.
Another great way to earn money online is to become a virtual assistant. A lot of people and businesses are looking to outsource “assistant-type” work, such as responding to emails, handling basic writing and organization, research tasks, and more. If you are looking to do this type of work online, consider becoming a virtual assistant and you could earn several hundred dollars or more per month.
20. Etsy – If you like to create arts and crafts, you can sell them on Etsy.It’s completely free to open an Etsy store. You simply sign up, post pictures of your creations and starting selling. You can choose your payment option, but PayPal is generally the easiest. Etsy makes it easy to sell and keep track of your inventory. There is a small listing fee and they take 3.5% of every sale you make.
23. Affiliates – There are many affiliate networks, such as FlexOffers and CJ Affiliate that allow you to promote other people’s products and services. You simply put a link or a banner on your page and then you get a percentage if someone clicks through and buys the product/service. You’ll want to select products that are specifically within your blog’s category.This is an effective way to earn money once you have the traffic coming to your blog.
If you're an artist and have a knack for graphic design, you could do online design work for websites and businesses. This could be everything from making small graphics for advertisements to full site redesigns. To get started, check out a site like 99Designs, where you can enter design competitions and if you're selected as the winner, you get paid.
This is the best way to boost your earnings, as you have the most leverage at the moment that a company wants you but isn’t sure whether it can get you. Use that to your advantage in negotiations. Another benefit of getting a bump up when you switch jobs is that the percentage boost will be baked into all your future raises, elevating your lifetime earnings. Here’s how to negotiate your salary.
You can either organize a yard sale yourself (which is kind of a hassle), or better sell the items through ThredUp, which will pay somewhere around $2-$25 for staff from Gap, Banana Republic, H&M, etc. You can browse around to see how much different items are worth. The best thing about ThredUp is that all you need to do is pack your clothes in a box and then just ship it to them (shipping costs are covered by the company).
Many gymnasiums will trade membership and often a bit more for a person willing and able to teach an exercise class. You can also find people who don’t want to go to a gym and train them at home as a personal trainer. If you’re in good shape, this is a great opportunity to earn some extra money, plus it can often lead to additional income with one-on-one instruction opportunities.
“Value innovation is the cornerstone of blue ocean strategy. We call it value innovation because instead of focusing on beating the competition, you focus on making the competition irrelevant by creating a leap in value for buyers and your company, thereby opening up new and uncontested market space. Value innovation places equal emphasis on value.”
Blogging could be a nice way for students to earn some extra cash. If you have a favorite hobby, you can just write content about it and share your content with others. You can blog about an academic subject or more you have good knowledge in, or write about non-academic topics on your blog. Once your blog starts getting some traffic, you can use a number of ways to monetize your blog. Read 5 Popular Ways Blogger Make Money for some of the most popular blog monetization methods.
Freelancing is the next best thing to being paid more for your full-time work, because professional work always pays more than unskilled. To find opportunities, let former colleagues or other personal connections that you’re available for freelance gigs. (Here are some ideas on how LinkedIn could be useful for that.) Or, post on marketplaces particular to your field. For instance, Mediabistro, a journalism site, allows freelancers to post profiles of their experience and services. Though these are more up to chance, designers can bid on jobs at 99Designs.com or submit a design at Threadless, to see if it will be crowdfunded. Elance-Odesk also lists many freelance opportunities, and you can also post your own services on Fiverr, although some freelancers say these services create a race to the bottom on fees and so are not very lucrative. If you're new to freelancing, here's how to set your rates, and here's how to negotiate raises with clients.
If you're crafty, you should consider selling your stuff on Etsy. Etsy is designed for handmade goods – including stationary, greeting cards, household crafts, and more. The great thing about creating these types of products is that you can do it in your spare time, on nights and weekends. And creating many of these products doesn't take up much space – so it can be dorm room friendly. Don't think there's much money in selling on Etsy? Well, this teenager paid for her college by selling crafts online.
You may not know but you can rent your website if you have good traffic. I learned this method of making online income when I was working with a client in the real estate domain. Rather than building out his website from scratch, he rented out a website from a guy who already had the traffic, with people interested in buying a home in his local area.
Finally, if you want to continue to make money beyond college, and setup multiple income streams for the future, you should always reinvest some of the profits into your business to make yourself more profitable. This is how you build residual income. How much more money could you make each month if you advertised your business? What if you hired an assistant to handle some tasks so you could focus on others? Reinvesting in your business is a smart move to make more money in college and beyond.
Watch for emails asking for note-takers. Once a fellow students' needs are documented, disability services will contact the professors and ask for volunteers in the class to take notes, and your professor will in turn email the class. You can also upload your notes to a platform like Stuvia, where you can earn money by selling your notes to other classmates.