- Starting a Retail Business
This one is the fast-growing venture that has guaranteed you to have a regular cash income. To make extra income, you must engage in selling goods and services that are not readily available in your locality. That has the secret of rich smart men.
I started J.O. Peculiar Publishing Home from nothing by the grace of God. And grew it beyond measures. At the end of about 15 years it gave birth to both WE ALWAYS LEARN MAGAZINE, an online website, and JOHN MARK SALES, an eCommerce blog
2. Managing Social Networking Channels for Businesses
Many enterprises are increasingly appreciating the need to build an online identity for themselves. For example, you should build a blog site. Use it to control your social media handle pages for your corporations.
And you will be creating visibility and engagement for them before you know it. You would make extra money doing it.
Note: Gaining visibility and earning through a blog takes time and requires consistency, and the result is quite rewarding if you keep at it. For example @welawayslearn Twitter page for wealwayslearn.com website.
3. Writing eBooks
A lot of people engage in craftwork as a leisure activity. They are skilled at producing and decorating objects by hand. Artists and artisans can make money from their talents and creativity.
If they have built brands for their crafts which will offer them the opportunities to trade their work for extra income.
If you are dedicated to sharing your thoughts and views with others, then this approach might be one to lay hands on.
You need to write eBooks in your niche. It’ll give you the ability to monetize your expertise. This can be achieved by using smartphones, laptops, or other writing apps.
You need to find a way to arrange your information in a manner that is useful to your audience.
For fun activities like cooking, reading, baking, and games can be grown into a money-making margin. Jumia cooks and delivers to people, you can do that. Amazon organizes reading courses and charges a fee for it.
The goal is to make additional income while enjoying what you do is what makes the rich people richer than the poor in society.
4. They Selling Products Online
Entrepreneurs’ have established an online presence for themselves. They have audiences they can interact with and engaging their products and services.
This offers them an edge to sell different products and services. You can take advantage of your social media platform handles to attract customers and sell any product by consistently creating awareness of the products and services you give.
5. Selling Cryptocurrency Online
Trading cryptocurrency involves changing crypto to local money or Fiat. On the other hand, cryptocurrency trading also covers the buying and selling of any crypto or coins or exchanging to the fiat of one’s choice.
In it, it involves a 100% loss or 100% profit. This is why you need to be trained very well before you can start trading. Most wealthy persons across the world depend on it as people engage in politics for survival.