7 Reliable Ways to Make Awesome Side Income in 2018

I have personally tried all of these…. some may be a good fit for you, some may not, but there are always ways to make good money on the side to pay down debt, student loans, or build the nest egg.

This article contains affiliate links, but I would never recommend something I didn’t believe in!

Make Money Swing Trading Stocks

 

Trading stocks (more actively than buy and hold) is an awesome way to make side income and grow your wealth. Swing trading is NOT day trading. You do not have to be glued to the computer, you do not need 500 monitors and to quit your day job. Swing trading is taking advantage of short term price movements in stocks. By combining fundamental and technical analysis, having rules, and investing in your education, you can make a great monthly side income. Use that income to grow your account exponentially, and you could be sitting on a good egg in a few years. Most importantly, as I mentioned, is education. I recommend Paul Scolardi, who runs a company called Super Trades. He specializes in busy working professionals, and has more integrity and care for his students than anyone else out there. I personally use his service and returned over 100% in 2017. I will be a loyal member for life.

Sell (or Buy) on Fiverr or Konker

 

I know, you’re skeptical. $5 at a clip is not going to make you a millionaire. Stop thinking small and short term, go for the end game. Selling gigs at $5 is going to cost you some time and net little income, but the idea starting out is to get reviews. Over-deliver and get your review status through the roof, which will move you up in the search algorithm. Then you can start offering more expensive gigs that can net you several hundred dollars at a pop. There are people who make six figures selling on Fiverr and Konker. For real. Also, you can make money on Fiverr not selling, but buying. If you’re good at selling or conveying value, sell services such as resumes, SEO, graphic design, etc., for a price locally or on your website and go buy the gig on Fiverr to get it done. Outsourcing at its finest. You can buy or sell just about anything on Fiverr and Konker, including professional services, internet marketing, website design, career advice, or even voice-over. I personally have not found my niche with Fiverr, but that doesn’t mean you can’t.


 

Do Local Tasks on TaskRabbit

 

Do you have time you could dedicate to changing locks, standing in line, shopping, or putting up Christmas decorations? TaskRabbit allows local taskers to make money at a rate they set themselves for personal tasks like this. People are willing to spend money to get their time back, and it provides a great opportunity for motivated people to get paid. All sales go through the app so the pay is automatic, and pay can range anywhere from $15 – $40 per hour depending on what you’re good at. If you’re not interested in TaskRabbit, just like Fiverr, you can have your tasks done for a decent price to free up more time to work on things that make you money. Here are some TaskRabbit success stories.

Sell on Amazon or eBay

 

You may think the market is saturated for Amazon and eBay due to the rise of Alibaba and sourcing products, but that doesn’t mean you can’t join in on the hustle. You may not be able to build a million-dollar business, but if you could make $1000-$5000 a month buying and selling, would you do it? You can sell your own unwanted items, buy items from Craigslist and resell, buy from Amazon and sell on eBay (yes it works), or find or make your own products to sell. You can go to your local department or clearance store and use the Amazon Seller App to scan the code and check the price it is selling for on Amazon, and decide if it could be profitable for you. You can also use tools like Tactical Arbitrage to scan many different website, and automatically find items that could be profitable for selling on these platforms.

Start a Blog

 

Blogging is fun, but I don’t recommend doing it for the money. It can take years of hard work to make a profitable blog, but when it does take off, it can be incredible. Michelle from Making Sense of Cents makes over One Million Dollars a year on her blog, which she started as a hobby to track her own finances! Setting a blog up can be easy if you’re fairly computer handy. Bluehost offers blog hosting and domains for as little as $2.95 a month. You can use a service like Popup Domination to capture email addresses, then use Aweber to send an auto response chain or automatically send emails when you publish new blog posts. Remember, building trust and providing value is most important. If you’re selling on the first email or every blog post, you’re doing yourself and your fans a disservice. Getting traffic to your blog is tough, so start with free options like sharing on social media, Reddit, and telling your friends and family about your new awesome venture. You can monetize the blog by selling your own courses or services, Google Adsense, or affiliate offers from a company like PeerFly.

Teach Classes about Stuff You’re Passionate or Knowledgeable About on Skillshare

 

Skillshare is an awesome platform used to host online courses. You can use Skillshare in many ways to make money. You can relatively cheap courses and learn a new skill, then use that skill to make some extra dough. There are limitless topics covered on the platform so if you have an idea, it is most likely covered on Skillshare. You can also create courses and sell them to students. People are always looking for fun, interactive ways to learn new skills, better their careers, or even step their hobby game up, and are willing to pay for it. Skillshare pays you according to how many people attend you online class, but remember, they’re not live, so once you record the class it can be passive income for a long time. Check out Skillshare now for a great deal on signing up.

Crypto Currency Investing with Coinbase

Now even if you don’t know anything about Crypto’s, you at least know they have been hot lately! I admit, I am not very educated about them, but I am learning. A small investment that you can afford to lose can gift amazing gains. My recommendation is to do your homework. The biggest players in the game are Bitcoin and Ethereum, but other smaller coins like Verge have skyrocketed lately. There are a million reference out there, my my recommendation is to invest only what you can afford to 100% of, and play them like a lottery ticket. If they tank, oh well, if they go to the moon, collect the riches. Here is a link to Coinbase that get’s you $10 for free if you buy $100 worth of Crypto, that’s 10% profit right off the bat!

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Getting Promoted: Why It’s Good to Act the Part Way Before You Actually Have It

There was a time when I had a huge misconception on how promotions and succession planning actually worked. I can hear a younger, and more naïve version of myself saying things like “when I get that job, I’m going to start doing blah, blah, blah.” It wasn’t a flaw in my communication or intent, but a fundamental error in my outlook on life. In my mind, you were expected to work at the level you are currently at. You should try your best and be really good at your current job. For some this is true; they do not desire a promotion. Moving up doesn’t appeal to them, so they do their job, and their job only, and are perfectly happy with it.

That’s ok.

But if you want that next level, desire a bigger role in the company and are craving that big salary and stock options, working at your level is not going to cut it. Even working at the higher end of your level is not enough.

See, if you want the next job, the next level up, you have to act like you already have it. That’s right, in your mind, you already have the role and are just waiting for the big wigs to make it official. Dress the part, talk the part, and walk the part.

Here’s why you should

Employers don’t want a project. Yes, we understand that when hiring someone for an internship or entry level position, there is going to be massive amounts of training and mentoring required. But choosing a manager or director, not so much. They’re rarely going to take a chance on someone that hasn’t already proven themselves. Why not go with a sure thing? Choosing someone for a position is very self-serving. You want someone who is going to make you look good. You want someone who needs little direction and can make great decisions. What you don’t want, is embarrassment in front of the big cheese or phone calls at 2 o’clock in the morning.

So you’re not there yet? Don’t freak out. Here’s how you do it.

Look like someone who would fill the role.

No, this alone should not get you the job, or something is really wrong in your company’s culture. But coming in dressed well, clean-cut, looking like you belong in the next level up will make a difference. A drastic difference if you are making a drastic change. People will notice. I’m not talking about $1000 suits here, keep it reasonable and simple.

Learn the language of your management.

Every company has buzzwords. At mine, engagement and excellence were key. Incorporate them into your everyday vocabulary. Be sincere though, believe in them and use them appropriately, so they actually make an impact when you speak. Don’t force it. Smart people will know if you are just faking it. Pay attention to how the higher ups at your firm speak and interact with each other, and train yourself to do it like them, but with your own twist. You’ve got to stand out.

Drive for excellence (there’s that word).

Never be satisfied. Push yourself, and most importantly, your peers for greatness. If you get 99% of something correct, focus on the 1% and how to fix it. Coach your peers when you believe they have made a mistake or could do better. Management will appreciate that, and they will truly believe that if you can coach your peers now, when you’re not the boss, you can surely do it WHEN YOU ARE the boss. Walk the walk before you have the job.

Get Smart.

Real Smart. There’s a good chance you’re not going to know enough for the next job, unless you go out of your way to learn it. Do more than those around to become the smartest person in the room. Learn your business and the theory behind it. Study, read, and emulate others until you feel your level of knowledge is that of someone at the next level, then learn some more after that. I can’t stress enough the importance of level of knowledge.

Bottom line, you are so much more likely to get that promotion if your management believe that you transition to the next job will be seamless.

Show them what you’ve got.

Use the Adversity In Your Life to Your Advantage

Only the strong survive, right? Maybe. Maybe not. People can be naturally born strong willed or assertive, which is a big reason why I hate this saying. Why do I hate it? Because we want to do more than survive. We want to thrive! Surviving makes it sound like we are just getting by, barely keeping our head above water.

So how do you get to the point or thriving, and not just getting by. You need fuel. You need a catalyst that will light a fire under your butt and not only get you moving, but keep you moving. What you may not know if that for most of us who weren’t born with a silver spoon, that fire is already inside of use.

Adversity in your life can be the biggest motivation you could ever imagine. People take seminars and spend thousands of dollars on ways to get motivated, and I can guarantee you that you already have all the push you need burning inside of you waiting to be put to use.

See, life can really deal bad cards. I, myself, can name about a million times that life has beat me with a wet towel and kicked me with heels while I was down. My parents were awful and I had to fend for myself from the age of 16. Maybe you had a family member that meant a lot pass away, you lost everything in the crash of 2008, or you’ve battled cancer.

You have three choices at this point. Not two. Three.

The original two would be to let that adversity beat you down OR to just take it and “survive.” In my opinion, by just accepting the adversity and moving on, you are not taking the full learnings from the experience.

Feed yourself with it. The next time you see that rich college classmate that never had to ask for anything in her life, don’t get mad and envious. Aim to beat them. Not for the sake of having more stuff or showing off, but to show that hard work beats privilege every time. Use the experiences of your childhood to form better relationships or build a work ethic that smashes that of your deadbeat father that let the house go to foreclosure. If you have a crappy boss, don’t just bear it, do what it takes to learn everything there is about leadership and outperform them.

It’s hard to find motivation to do more. To start a business, to work extra hours for the promotion, or chase a dream. But, I’m confident, if you are constantly using the adversity in your life and transforming it into positive energy, your future self with thank you dearly.

If you like this post, I appreciate you sharing it! If you’re interested in career coaching, check out what I have to offer HERE

 

How Growing Up Poor Can Take You Further In Life

No trust fund? No problem. I grew up in a middle class neighborhood in Baltimore that’s not exactly famous for producing go-getters, success stories, or CEO’s. We envied the people on the block that had the end of group townhouses because they had a slightly bigger yard and only one neighbor screaming through the walls at two o’clock in the morning. My childhood was fairly lawless. My parents really only cared about partying and themselves, which left me to figure out life on my own. I remember asking my then divorced parents about college and I got a strong chuckle and a response like “Good luck with that, only rich kids go to college.”

Somehow I knew this was BS. Even though college is not the end-all goal for everyone, or even me, I knew that mentality was wrong and that America was built on rags-to-riches stories. Being fairly successful now, and living in a much better neighborhood and more financially well-off social scene, I still think about the days of working to buy my own school lunch and what that means to me. A lot of people I know now come from family money…old money…the type that seems never-ending. Even though growing up privileged would have been great, there are so many things I wouldn’t trade from growing up poor.

Street Smarts

You had to learn to survive with little to nothing. Your neighborhood was rough and full of people looking to scam or take advantage of you. These experiences have made you better. You scan your environment, have your guard up at the right times, and learn to trust your gut. No one is pulling the wool over your eyes. A Harvard education is an amazing thing, but there is a whole other side of the brain that you have learned to think with that many have never had to use. Even though you’re not using it in the same capacity now, street smarts will give you the edge over book smarts any day.


 

You’re a Dreamer

When you have nothing, your dreams fill the void. You envision success, money, power, happiness, etc. You grew up watching rich people on TV and wanting be like them. These dreams lead to passion, vision, goals, and achievement. Even if you never make millions, you fulfill your dreams by doing better than your parents did, giving your kids a better life, and going further in you career than most in your neighborhood would could only hope for. Every successful business or product started as a dream, and there’s no reason the next can’t be yours.

Work Ethic

My first car cost $200. It was brown on the outside, brown on the inside, and 3rd gear didn’t work. I still felt like a rock star when I bought it though, because I bought it with the money I earned working at a sub shop after school. From a very young age, I had to learn to budget for gas, food, weekend money, and clothes. I moved out of the house when I was 17 and still in high school, and still managed to juggle it all. Because you’ve had to work harder for everything in life, you appreciate it more and it has taught you that work ethic is usually not a natural, but a learned thing. It’s hard to teach. When the privileged ones quit for the day, you didn’t, because for you, there was no fall back plan or safety net. At the end of the day, you’ll do what it takes to survive.

Hustle

That’s right. If you didn’t get $50,000 as a graduation present or your first house paid for as a wedding gift, you’re probably going to have to hustle to get ahead in life. I’ve learned that most millionaires have multiple streams of income. That’s why I work a day job, write, do consulting and leadership training, sell restaurant equipment, and trade stocks. Going back to the days of working multiple jobs during the summer as a kid, I have adopted the mentality that rarely will anyone pay you exactly what you want to make, so you have to make up the income elsewhere. See, hustle is something the financially blessed haven’t had to worry about, so they aren’t looking for the opportunities that are out there for you to take advantage of. Start a side business, turn a hobby into a cash cow, or put the skills you learned over the years to good use and make some extra money.

It may not seem fair. It may suck at times. But embrace the fact that there is no rich uncle leaving you a ton of dough and go out there and get it on your own. You, more than most, have what it takes. Show ‘em what you learned at the school of hard knocks.

A Positive Attitude in the Workplace Isn’t Contagious, It’s Viral!

We all know that person who seems to be happy all the time. While most of us are guzzling our coffee and trying to muster up enough fortitude just to speak in the morning, they burst through the door smiling and dishing out greetings like they’re ½ off coupons. Like it or not, we’re all better because of that person. The workplace needs this, and to be quite honest, if everyone was a little happier, the day would be easier, shorter, and more fulfilling.

Why is a positive attitude so important? There’s a lot of science behind it, but we don’t need all of that. It’s pretty easier to boil down. Do you think people are more productive when they are happy? Do you think employees feel more open to bring up new ideas and tactics when their boss is encouraging? Do you think you are more promotable if you are seen by senior management as a positive person who is going to take the bull by the horns?

It’s just this simple. Others will feed off of your energy. They will appreciate your compliments and work harder. They will see you getting promoted and mirror your behavior. Or, they will do none of the above, and hopefully your place of business if professional enough to performance manage them into energetic, motivating people, or fix the problem.

It took me a long time to become that person. Early in my life, I didn’t see the benefit, either to me, others, or my career. Then I tried to fake it…put on a happy face. This can be done, but real people will see right through you. It has to be genuine. You have to find something, anything, at work that makes you happy. It doesn’t have to be the type of work you do. Take hold of the fact that you love to see your employees excel. Take pride in the fact that your work is important and makes the world a better place. Be happy that you can provide a better life for your kids than was provided for you. But at the end of the day, you have to have a positive attitude, every day, all the time….no wavering. Your coworkers, employees, and career depend on it.