Can You REALLY Make Money Blogging? [7 Things I Know About Making Money from Blogging]

Every now and again I am pulled aside at a conference or am emailed and/or tweeted by someone wanting to get the “real” scoop on whether it is possible to make money blogging.

• Is it really possible to make a living from blogging?
• Is it just a small number of people making money from blogging?
• Is it only really possible to make money blogging if you write about the topic of making money blogging?

I completely understand the questions and would probably want to add one more:

• If it is really possible to make money blogging, how likely is it that you’ll succeed?

I’ve written many times here on ProBlogger about this in the hope of giving a realistic picture of the topic, but I think it is worth touching on again because there is a lot of misinformation out there right now.

On one hand, we see hype on the topic. Periodically someone will claim to be able to make millions from blogging quickly. These claims are usually accompanied with the release of a product or service (i.e. they are marketing spin).

On the other hand, I periodically see people writing about how it is impossible to make money blogging (or that anyone claiming to be full time is either a scammer, a liar, or is selling something on the topic of making money online).

The reality is somewhere between these two extremes.


7 Things I know about making money from blogging

1. It is possible

I’ve been blogging for just under ten years and for nine of those I’ve been making money blogging. It started out as just a few dollars a day but in time it gradually grew to becoming the equivalent of a part-time job, then a full-time job, and more recently into a business that employs others.

I used to talk about the specific levels of my earnings when I started ProBlogger but felt increasingly uncomfortable about doing so (it felt a little voyeuristic and a little like a big-headed boasting exercise and I didn’t really see the point in continuing to do it)— but my income has continued to grow each year since I began.

On some levels I was at the right place at the right time—I got into blogging early (in 2002 … although I felt I was late to it at the time) and have been fortunate enough to have started blogs at opportune times on the topics I write about.

However I know of quite a few other bloggers who make a living from blogging, many of whom have not been blogging anywhere near as long as I have.

For some it is a hobby that keeps them in coffee; for others it is the equivalent of a part time job/supplementing other income from “real jobs” or helping their family out as they attend to other commitments (raising a family). For others it is a full-time thing.

I’ll give you some examples below.

2. There is no single way to monetize blogs

Recently at our Melbourne ProBlogger event I featured numerous Australian bloggers in our speaker lineup who fit somewhere in the part-time to full-time spectrum. They included:

• Nicole Avery (Parenting/Organization Blog)
• Jules Clancy (Food Blog)
• Nikki Parkinson (Fashion Blog)
• Mrs Woog (‘Life’ Blog)
• Gavin Aung Than (Cartoon Blog)
• Cintia Gonzalez (Craft Blog)
• Christina Butcher (Hair Blog)
• Caz and Craig Makepeace (Travel Blog)
• Nathalie Brown (Child Behaviour Blog)

The year before, we had others, including:

• Lucy Feagins (Design Blog)
• Emma Merkas (Dating Blog)
• Chris Hunter (Motorbike Blog)
• Phoebe Montague (Fashion Blog)

Most of these bloggers are full-time (or well on the way to being full-time bloggers). They come from a wide array of niches and all monetize quite differently—doing everything from selling advertising, to having membership areas, to selling ebooks, to running affiliate promotions, to promoting their offline businesses, to selling themselves as speakers, to having book deals, and so on. Many have a combination of different income streams.

They are all also Australian, and are just the tip of the iceberg in terms of what is happening here in Australia—the same thing is being replicated around the globe.

There are many ways to monetize a blog. To give you a quick sense of the many methods check out this “money map” I created a year or so back, which outlines just some that I brainstormed.

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3. There are no formulas

From time to time, people have released products that claim to be formulas for success when it comes to making money online. They outline steps to follow to “guarantee” you’ll make money.

In my experience there is no formula.

Each full-time blogger I’ve met in the last ten years has forged their own path and has a unique story to tell. They have often acted on hunches and made surprising discoveries along the way.

There are certainly similarities in many of the stories but each blogger has their own personality and style, each one is reaching a different audience, and each niche tends to monetize differently.

The key lesson is to be aware of what others are doing and to learn what you can from each other, but to also be willing to forge your own path as well!

4. Many niches monetize

One common critique of the topic of monetizing of blogs is that the only people making money from blogging are the ones writing about how to make money blogging.

This is simply not true.

In the above list of speakers from our Melbourne event you’ll notice I included topic/niche of each blogger. None sell products teaching others to make money blogging—all are on blogging on “normal,” every-day topics.

My own experience of having a blog about blogging (ProBlogger) and a blog about Photography is that it is my photography blog that is by far the most profitable blog (I’d estimate it’s ten times more profitable).

I’ve interviewed numerous full-time bloggers of late in a webinar series including:

• Sarah Wilson
• Tsh Oxenreider
• Ana White

Interestingly, none of them make money by teaching others to make money online. Sarah largely blogs about health and wellbeing, Tsh blogs about simple living, and Ana blogs about woodwork.

5. Most bloggers don’t make a full-time living from blogging

Every time I’ve surveyed readers of ProBlogger about their earnings, we’ve seen that those making money from blogging are in the minority.

In a recent survey of 1500 ProBlogger readers we asked about their monthly earnings. What you’re seeing below is the spread of earnings from readers who are attempting to make money blogging (note: not all ProBlogger readers attempt to make money, so not all are included in these results).

Keep in mind that ProBlogger readers are generally newish bloggers—about half of those who took this survey had been blogging for less than two years.

So of those trying to make money blogging, 10% don’t make anything and 28% are making less than 30 cents per day. A total of 63% make less than $3.50 per day.

Let’s be clear—most bloggers who are attempting to make money are not making a living from blogging.

Having said that, of the 1508 bloggers surveyed 65 (4%) are making over $10,000 per month (over six figures per year) and a further 9% were doing over $1000 per month (which is at least a part-time level of income).

My feeling, having been attending blogging conferences for six or so years now, is that the number of full-time bloggers is on the rise, and there are actually quite a few more people now at least making the equivalent of a couple of days’ work a week in income from their blogs.

However, most bloggers don’t make much.

6. It takes time to build

When I dig down into the stats from the survey on income levels above, and do some analysis of those who are in the top income bracket, it is fascinating to look at how long they’ve been blogging.

85% of those in that top income bracket have been blogging for four years or more. Almost all of the others had been blogging for three or four years.

This certainly was my own experience. I blogged for a year without making money and once I started monetizing it was around two years of gradual increases before I approached a full-time income level. It would have been four years before I joined that top bracket of income (over $10,000 per month).

Blogging for money is not a get-rich-quick thing. It takes time to build an audience, to build a brand, and to build trust and a good reputation.

And of course even with four or five years of blogging behind you, there’s no guarantee of a decent income.

7. It takes a lot of work

Longevity is not the only key to a profitable blog. The other common factor that I’ve noticed in most full-time bloggers is that they are people of action.

Passivity and blogging don’t tend to go hand in hand.

Blogging as “passive income stream” is another theme that we hear in many make-money-blogging products, however it is far from my own experience.
I’ve worked harder on my business over the last ten years than I’ve worked on anything in my life before this. It is often fun and gives me energy, but it takes considerable work to create content on a daily basis, to keep abreast of what’s going on in the community, to monitor the business side of things, to create products to sell, to build an audience, and so on.

The key is to build blogs that matter to people, that are original, interesting, and helpful. But this doesn’t just happen—it takes a lot of work.


Conclusions

Yes, it is possible to make money blogging. There is an ever-increasing number of people making money from blogging at a part-time to full-time level —however they are still in the minority.

Those who do make a living from blogging come from a wide range of niches, however one of the most common factors between them is that they’ve been at it for a long while.

How long have you been blogging? Are you looking to make money from it—and have you already? Share your experiences in the comments.


Source: http://www.problogger.net/archives/2012/11/28/can-you-really-make-money-blogging-7-things-i-know-about-making-money-from-blogging/

Why Are So Many Internet Start-Up’s Failing Today?

In the real world of brick and mortar business, every day millions of people are dragging themselves from their comfortable beds, performing their morning rituals of washing and breakfast to head to their jobs. In their daily grind some are thinking that there must be a better and easier way to make a living.

All these millions know someone or know of someone who has “made it” by quitting their boring existence and become their own boss using their own computers in the comfort and ease of home.

While the idea of working from home sounds like an ideal solution, most are just not preparing. Many of these unhappy people will just quit their jobs and jump right into the first internet marketing business they find with no preparation, no knowledge of what they are doing, no education, and no hope of success. Failure is their only option and they are not even aware of it.

According to many sources, more than 90% (Ninety percent) of all Internet business start-ups end in failure within the first 120 (one hundred twenty) days. And that number is all too accurate: NINETY PERCENT!

This alarming failure rate goes unheeded for a number of reasons:

1. Many don’t know the statistical probabilities they face.
2. Many don’t see themselves as being part of the failures or they wouldn’t leap.
3. Many are talked into things they are unprepared for.
4. Many don’t know the basic tenant of – “If you fail to plan, then you plan to fail.”

Of course, success is still a possibility. There IS that other 10% (ten percent) that do succeed. For them, success doesn’t happen by accident. And success isn’t just a crap shoot. Success happens because of some very important factors.

Success happens because people learn about internet marketing and how it works. They do not expect to get rich quick or be able to make a killing overnight and retire to a tropical isle.

It is strange but somehow the same people, who wouldn’t dream of starting a real world business, think they can make a go of an internet business even though they have no business background.

People think that an internet business just means that they no longer have to get up and go to work. They think they can simply work when the feel like it and still make a good living. They do not understand that any business requires them to work hard and sometimes work long hours.

Some Wrong Ideas on the Internet

That 90% failure rate of new Internet businesses really is not surprising when you think about the sort of people who start an internet business.

Most people seem to think that being a successful internet marketer is as easy as getting a website built and getting their own domain name and they could not be farther from reality.

Being a successful internet marketer requires self-discipline. People read books like “4 Hour Work Week” and think that partying all night, sleeping until noon and then 3 or 4 hours with a computer will make them rich.

There is not a magic button to push to have instant massive traffic to their million-dollar-like website and fistfuls of cash in their bank. It is just not going to happen.

Internet marketing does not run on auto-pilot. And while established internet marketing types do not put in the long, boring hours they have built their businesses by doing that in the past.

It does not happen overnight for anybody. Most people are not prepared for the time requirement necessary for an internet business to achieve success.

They Do Not Have a Business Background

All businesses whether large or small, Internet or “brick and mortar” have two things in common: they are a BUSINESS and must be operated like a business! Business people must understand accepted business practices.

There are simple and basic concepts like “acceptable over-head expenses in relation to projected income”. All entrepreneurs need to understand profit and loss and what constitutes each.

It is not a requirement to have a college degree in business to be successful but it wouldn’t hurt. On the other hand some basic business knowledge is an absolute necessity.

If it is difficult to balance your check book, then it might be a good idea to keep your day job and forget about being in business.

Yes, you can hire an accounting firm that will tell you WHEN to make tax deposits, but they will not tell you IF you need to make tax deposits.

An accountant can tell you if you made a profit but not how you make it. If you have no business background get some good business advice before you consider opening any business.

The fact is that all successful businesses follow the rules of sound business principles. A successful business is not an accident. The numbers tell the story that only 10% of all new internet businesses are successful or are even still in existence after their first 120 days.

Even the expectation of profit is not reasonable for the first few month.

Have sufficient resources available for everything from startup costs to personal needs for a period of time. It’s called “capital” and there is no alternative to plenty of it.

They Do Not Have The Right Mindset!

Most of us have heard the phrase, “He has an attitude!” And it is often a derogatory remark made about a person with a negative attitude.

The word “attitude” is important when thinking about marketing start-ups. A good attitude or a good mind set will not guarantee success but a bad attitude or a bad mind set can guarantee failure.

Let’s examine a few attitudes that will absolutely guarantee failure:

1. I can work when I want to. This is absolutely wrong! You cannot just work when it suits you. Expect many long and sometimes boring hours of hard work for your business to succeed.
2. I can get rich quick! This is a dangerous one. While getting rich quick is possible, there are too many “get rich quick” schemes that are only ways for the unscrupulous to take advantage of the willing. Expect to be wealthy in whatever time it takes. It is possible to make a very comfortable living in internet marketing but it is not usually quick or easy.
3. I don’t need a business plan. Internet business is still a business. All business principles apply to online business as they do to brick and mortar business. It is imperative that you have a plan for your success based on sound business principles.
4. Internet business people do not have a boss. You are the boss. A good boss sees that all work is completed on time and in full, or you will fail. Set up a work schedule and goals to meet or you will find yourself working at a job under a boss who does do those things and maybe for minimum wage.

Ways to Avoid Failure

Starting a business … any business … has no guarantee of success, period!

Even large multi-national businesses can fail in a new business venture. Failure is always an option and the possibility or probability of success can be enhanced.

You can increase your possibility of success by:

1. Making a business plan BEFORE starting your online business. To remind you one of the things I said at the beginning: “If you fail to plan, then you plan to fail.” A plan for success is a requirement. Have the steps listed in great detail including reasonable cost estimates for completing each step.
2. Expect to work hard to achieve your goals. Never expect things to be easy. Most of the time things are not as easy as they appear. Each successive step will require its own work, time and patience. Sometimes things don’t go right on the first try. Be willing to keep going again and again until you succeed.
3. Do not fall for a get-rich-quick schemes. The internet woods are full of those who prey upon those who are looking for quick and easy ways to become rich. Most are ways for the other person to get rich quick from your money.

Remember those statistics! Ninety percent of all new internet businesses fail in the first 120 days. You don’t have to be part of that majority. You can become a part of that 10% minority of successful internet business enterprises. Find something that others are having success with – to the level you want your own success, do what they do, and you will have your own success. Be prepared to do whatever it takes for as long as it takes.


Source: http://www.chrisducker.com/internet-business-failures/

How to Start a Business Online

7 tried and true steps for attracting visitors to your site--and getting them to buy.

There is a proven sequence of steps you can follow to guarantee your success when you're starting a small business online. I've seen thousands of people start and grow successful businesses by doing the following:

1. Find a need and fill it.
2. Write copy that sells.
3. Design and build an easy-to-use website.
4. Use search engines to drive traffic to your site.
5. Establish an expert reputation for yourself.
6. Follow up with your customers and subscribers with e-mail.
7. Increase your income through back-end sales and upselling.

Anyone, from newbie to seasoned online entrepreneur, can benefit from this process in learning how to start a business online.

Step 1: Find a need and fill it

Most people who are just starting out make the mistake of looking for a product first, and a market second.

To boost your chances of success, start with a market. The trick is to find a group of people who are searching for a solution to a problem, but not finding many results. The internet makes this kind of market research easy:

• Visit online forums to see what questions people ask and what problems they're trying to solve.
• Do keyword research to find keywords that a lot of people are searching, but for which not many sites are competing.
• Check out your potential competitors by visiting their sites and taking note of what they're doing to fill the demand. Then you can use what you've learned and create a product for a market that already exists--and do it better than the competition.

Step 2: Write copy that sells

There's a proven sales copy formula that takes visitors through the selling process from the moment they arrive to the moment they make a purchase:

1. Arouse interest with a compelling headline.
2. Describe the problem your product solves.
3. Establish your credibility as a solver of this problem.
4. Add testimonials from people who have used your product.
5. Talk about the product and how it benefits the user.
6. Make an offer.
7. Make a strong guarantee.
8. Create urgency.
9. Ask for the sale.

Throughout your copy, you need to focus on how your product or service is uniquely able solve people's problems or make their lives better. Think like a customer and ask "What's in it for me?"

Step 3: Design and build your website

Once you've got your market and product, and you've nailed down your selling process, now you're ready for your small-business web design. Remember to keep it simple. You have fewer than five seconds to grab someone's attention--otherwise they're gone, never to be seen again. Some important tips to keep in mind:

• Choose one or two plain fonts on a white background.
• Make your navigation clear and simple, and the same on every page.
• Only use graphics, audio or video if they enhance your message.
• Include an opt-in offer so you can collect e-mail addresses.
• Make it easy to buy--no more than two clicks between potential customer and checkout.
• Your website is your online storefront, so make it customer-friendly.

Step 4: Use search engines to drive targeted buyers to your site

Pay-per-click advertising is the easiest way to get traffic to a brand-new site. It has two advantages over waiting for the traffic to come to you organically. First, PPC ads show up on the search pages immediately, and second, PPC ads allow you to test different keywords, as well as headlines, prices and selling approaches. Not only do you get immediate traffic, but you can also use PPC ads to discover your best, highest-converting keywords. Then you can distribute the keywords throughout your site in your copy and code, which will help your rankings in the organic search results.

Step 5: Establish an expert reputation for yourself

People use the internet to find information. Provide that information for free to other sites, and you'll see more traffic and better search engine rankings. The secret is to always include a link to your site with each tidbit of information. 

• Give away free, expert content. Create articles, videos or any other content that people will find useful. Distribute that content through online article directories or social media sites.
• Include "send to a friend" links on valuable content on your website.
• Become an active expert in industry forums and social networking sites where your target market hangs out.

You'll reach new readers. But even better, every site that posts your content will link back to yours. Search engines love links from relevant sites and will reward you in the rankings.

Step 6: Use the power of e-mail marketing to turn visitors into buyers.

When you build an opt-in list, you're creating one of the most valuable assets of your online business. Your customers and subscribers have given you permission to send them e-mail. That means:

• You're giving them something they've asked for.
• You're developing lifetime relationships with them.
• The response is 100 percent measurable.
• E-mail marketing is cheaper and more effective than print, TV or radio because it's highly targeted.

Anyone who visits your site and opts in to your list is a very hot lead. And there's no better tool than e-mail for following up with those leads.

Step 7: Increase your income through back-end sales and upselling 

One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part--not to mention the most expensive. So use back-end selling and upselling to get them to buy again:

• Offer products that complement their original purchase.
• Send out electronic loyalty coupons they can redeem on their next visit.
• Offer related products on your "Thank You" page after they purchase.

Reward your customers for their loyalty and they'll become even more loyal.

The internet changes so fast that one year online equals about five years in the real world. But the principles of how to start and grow a successful online business haven't changed at all. If you're just starting a small business online, stick to this sequence. If you've been online awhile, do a quick review and see if there's a step you're neglecting, or never got around to doing in the first place. You can't go wrong with the basics.

Source: http://www.entrepreneur.com/article/175242

How did it start?

I want to start giving a really short history of why I started to look at making money on the Internet.

Little over a year ago my partner and I decided to move from the Netherlands to the UK. He was offered a good job and we decided to just go for it. I quit my job and made sure we could get settled and have everything arranged for our three children, dog, house etc. 

Being full-time at work in the Netherlands and not having a job in the UK initially felt relaxed, but after a few months I wanted to start working again. It also made me consider the option of working from home. I got interested in making money online, but in the meanwhile I applied for a role as part-time outbound telemarketer with Dutch as mother tongue. I got the job!

Still being intrigued by the question if it was possible to make money online, I started to do some research and being in a part-time role gave me a good starting point. Still I had to do most of the research in the evening, children need a lot of attention during the day! I am telling this because I know many of you will only have limited time. 

I realized that absolutely everybody can start to make money online, in their spare time!

As promised I would keep it short and more will follow........

How to Earn Money Online - 20 ideas to make money online

A cash cow for the enterprising, the Internet is littered with opportunities to make a fast buck. While it rarely qualifies as a solitary source of income, the Net can easily help you supplement it. However, the amount you earn depends on the time and effort invested. Go through these 20 options and find out which ones work for you. 

Blogging
If you're a passionate closet writer who wants to be published but can't find a way to do so, make each keystroke your way to wealth by penning your own blog. Starting a blog doesn't require extensive technical skills but it's important that you have expertise in the field you are writing on. This will attract visitors to your site. Building a large following will enable you to earn profit by luring advertisers, writing paid reviews or getting commissions for promoting other people's products.

Paid Writing
If maintaining a blog is difficult for you but you still want to indulge your passion for writing, you can jot down articles for other blogs or sites such as Weblogs, Helium or PayPerPost. Writing an e-book can also be a good option. E-books are investment free, with no cost for printing and shipping. If you have a strong command over languages, you can become a copy editor, where Webmasters will pay you to read articles and correct grammatical errors, sentence fragments, etc.

e-tuitions/Webinars
The demand for tutors is high and growing. So, if you like helping others learn, e-teaching could be the earning ticket for you. All you need to become an online tutor is expertise in your subject and a few spare hours per week. TutorVista, e-tutor, SmartThinking and Tutor.com are some of the sites you can enroll with. If you gain a good reputation as a coach, you could even conduct Webinars-lectures or seminars transmitted over the Net. College and university students are willing to pay to gain entry to a well-respected Webinar.

Affilliate/Reseller
For those who have the knack of selling, one of the best ways to make money online is to become an affiliate/reseller. An affiliate is a person who gets a commission for selling every product that he promotes, whether on his Website or through any other avenue such as eBay. You don't have to own the product. You only need to sign up for an affiliate program with a company and start selling its products under your referral link. Firms such as Commission Junction or Click Bank have a large pool of products.

Buying/Selling domains
Buying and selling domain names is another way to make money from home and requires very little investment or time. You can buy domains at their registration prices or even cheaper and trade them at a profit. However, always research on sites such as sedo.co.uk, afternic.com, ebay.com or other domain auction sites to get an estimate of the hottest selling names. The best way to find good ones is to use terminated domain lists, which contain several expired names that are back in the pool.

Freelancing for Professionals
Freelancing is a great option for professionals who are experts in their respective trades and know how to ensure customer satisfaction. Various freelancing and project-oriented sites allow companies that need help to describe their projects. Freelancers and small businesses offer bids, ideas or proposals, from which the buyers can choose what they find most suitable. Websites such as Elance cover everything from programming and writing to data entry and design, while RentACoder focuses on software programming.

Advertising
You can sell space on your Website or blog for advertisements and you earn when these ads are clicked by visitors to your site. The sorting and placing of ads is free. The profitability of pay-per-click advertising depends on the traffic level of the Website and, most importantly, on the clickthrough rate and cost per click. Google AdSense is the most popular option, while others are BidVertiser, Text Link Ads and Blogads. Direct banner and RSS feed are some other forms of online advertising.

GPT Programme
GPT or Get-paid-to sites are becoming increasingly popular among teens. You get paid for signing up for free Websites, newsletters, playing games and filling out online surveys. These are suitable for people who don't have a skill set but want to earn extra money. Taking online surveys is simple- register with a few legitimate, paid survey sites and answer questions. The topics range from shopping to politics. This might not help you make a living, but you can earn good pocket money. Contests2win is one of the trusted GPT Websites.

Online Marketing
Once a Website is created and optimised for search engine (SEO), the SEM or Search Engine Marketing begins. A treasure trove lies hidden here. An SEO/SEM expert, who is responsible for marketing a Website, can promote it in various ways. These include article marketing, writing press releases, forum posting, blog posting, submitting your site to directories and search engines, social bookmarking, etc. Most companies don't do this in-house and pay you to conduct the SEM for them.

Making themes
As more and more people seek an online presence, the demand for Website templates and WordPress (Blog) themes will keep increasing. If you are good at Web designing and coding, you can earn a lot from designing Web themes. In this segment, there are mainstream Websites, such as TemplateMonster and ThemeForest, which act as a marketplace where you can sell your themes. Templates are sold and priced depending on the rights and features that are bundled with them.

Selling photos
If you enjoy photography and are good with a camera, you could be sitting on a huge reserve of revenue. There are people who will be interested in your collection of images. Nowadays, it's easy to take your photos to the public, providing a convenient way to build a secondary income stream. Many stock photo agencies, such as Fotolia, Dreamstime and Shutterstock, offer incentives for people to earn from their photos.

Support & service
Providing coding or fixing other Webmasters' issues is another great way to earn extra bucks. There are simple jobs ranging from adding a script to setting up sites, but knowledge of Web coding is essential. One can offer support for Web CMS (content management systems) like Drupal or Joomla. After you are comfortable with your own installation, you can help other people to set these up and configure them.

Stock/forex trading
Joining the stock/forex market may seem a bit risky. However, you can start small and continue researching till you gain experience in this area. Once you do, it will be easy to earn from exchanging foreign currencies and/or stocks. Their rates fluctuate depending on supply and demand, and economic and political influences in the world. The aim of any trader is to spot which currency/stock is likely to rise or fall in value against another. The more time you put in, the more you will earn.

Selling your own brand
If you have a flair for designing cool images, don't bother about creating your own inventory. As long as your design can be printed on a product, you can pocket some money. You can upload designs on various Websites such as CafePress, and if somebody orders these designs, the company will print them and distribute the products. It could be designs for T-shirts, hats, bags, books, posters, calendars, greeting cards, etc. You will receive a commission for each sale. Other such sites include Lulu and Zazzle.

Virtual Assistant
Small businesses always need help in running their processes, but may not be willing to hire a full-time employee. As a virtual assistant, you are expected to perform practically any administrative task that a traditional secretary or assistant would, such as make travel reservations, handle expense reimbursements or pay bills. You can do it from the comfort of your home, interacting with clients either online or by phone. Your expertise will decide how much moolah you rake in.

Inbound call centre
Many companies, who are facing space constraints, especially those in metro cities, prefer to hire workers outside their offices or outsource certain processes. You can set up an inbound call centre at home to handle such jobs. Research different companies that are outsourcing their work as they may have opportunities for inbound call centre agents. You can work for more than one company. This can be either a part-time or fulltime engagement, depending on your need.

You Tube
If there's a dramatic performer hidden inside you who craves applause and adulation, upload yourself on YouTube. You can be a filmmaker, musician or comedian who wants a wider audience. Your earnings will come from ads displayed on your video page. This process is similar to the pay-per-click advertising program common to other Websites and blogs. Sites such as Flixya and Mediaflix can be helpful in this regard.

Researching for others
Don't be morose if you can't write, design or code. Lack of talent cannot stop you from making money online. If you're willing to work hard for a few hours a week, you can take up simple research jobs for other people who don't have the time to do it themselves. You could search for opportunities in organisations that provide funding for research and offer to assist them through online investigation.

Building Applications
With smartphones gaining popularity, the demand for their applications, or apps as they are popularly known, has also shot up. There are over 3 million apps for the iPhone and over a million apps in Google's Android market. Most of these are selling like hot cakes. Developing and selling your own smartphone app is becoming a lucrative way to make money on the Internet. Apps cost virtually nothing to develop and entail no storage or shipping costs. So they enjoy the best profit margins.

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Medical transcription involves making written copies of oral material dictated by doctors or other medical experts. These may include history and physical reports, clinical notes, consultation notes, reports, letters, psychiatric evaluation and so on. The dictated material needs to be transcribed swiftly and accurately, which is the most challenging aspect of the job. To become a medical transcriptionist, you need to have a good knowledge of medical terminology and a high typing speed along with accuracy.

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