How much money can you make as a virtual assistant? Most virtual assistants trade their time for money so you might get capped based on the number of hours of work you can do each week. You can choose to set a total monthly earning or get paid by the hour. Some make minimum wage while others might make $35 an hour depending on their skills and experience.
However, with online employment comes fraudulent companies who scam job seekers into signing illegitimate offers. "There is currently a 61-to-1 scam ratio among work-at-home job leads on the internet — that is, for every legitimate job, there are 61 scams," says Christine Durst, cofounder of RatRaceRebellion.com and consultant to the FBI on internet scam.
Marketing. When operating as a consultant, you won’t necessarily be marketing your company; you’ll be marketing yourself. You’ll have to “package” yourself in a way that makes people trust you. For instance, if you’re marketing yourself as a financial consultant, ask yourself why someone would trust you with their life savings, and then figure out a way to convey that to potential clients. It might be in the form of a brochure, a portfolio, a sales letter, or all three.
82. Junk Hauling Service. This is an especially feasible side hustle business if you already have access to a large truck or van. Bonus points if you can re-sell some of the junk! I had the chance to sit down with Brian Scudamore, the founder of 1-800-GOT-JUNK, to learn how he took the business from a summer gig to doing around $1 million a day in revenue.
I've long been drawn to the passive income supplied by creating an ebook and publishing an accompanied print-on-demand paperback. By using platforms like KDP and CreateSpace, both by Amazon, you can create an easily create and sell an ebook that costs nothing to produce, and a paperback that earns you money only when it sells, removing much of the prior friction it took to get published.
If you’d rather trade time for money you might choose to get a part-time job. Side job ideas to make money include dog walking, babysitter, restaurant server, receptionist, administrative assistant, or barista. You can also find part-time jobs within your industry. Maybe you’re a full-time marketer who takes on a part-time social media gig. The only downside to a part-time job is that you need to invest your time for money. And time is your most valuable luxury. Part-time jobs don’t scale as well as an online business would. Meaning, your total earnings get capped.
5. Sell ad space. Once your site has lots of highly targeted traffic, or a large, targeted opt-in list, you may be able to sell advertising. Advertisers are willing to buy ads when they're being directed at large numbers of their target market. Nowadays, though, advertising revenues are a lot less than they used to be, so I don't recommend you plan on making this your sole source of income. Selling ad space can be a great additional profit stream, but it's unlikely to keep your business afloat on its own.