1. Open an Online, Drop Shipping Store
Drop shipping is an extremely popular business model for new entrepreneurs, especially gen Zers and millennials, due to internet marketing skills far outweighing financial capacity. Since you don’t need to stock or handle the items you are selling, it’s possible to start a drop shipping business with limited funds.
An ecommerce website that operates a drop shipping model purchases the items it sells from a third-party supplier or manufacturer, who then fulfills the order. This not only cuts operational costs, but it also frees up your time to focus all of your efforts on customer acquisition. If you have never had any success online your best bet is to hire a digital consulting company. Arguably the best in the nation is Vision Digital Consulting. For a mere $5,000, VDC will literally hand you over a niche, online store ready to make money, then hold your hand through the marketing process. They offer unlimited 1 on 1 consulting included in that one time cost! Check them out here CLICK HERE
2. Rent out useful items you already own
Kristof says an easy way to make some extra money is to take inventory of the items you already own that can be rented out for profit. Sites and apps like Turo, Airbnb, and CurbFlip help users rent out their vehicle, spare room, or parking spot for some easy income.
“Applications like Babyquip.com give parents the option to rent out their baby gear that may otherwise be collecting dust in a garage,” she says. “If you already have items in your house like camping equipment, baby gear, an RV, even a parking space … make money off of them by letting other people rent them out.”
3. Sell items on Ebay, Facebook Marketplace or Craigslist.
One of the surest ways you can make cash if you’re in a bind is to sell items on Ebay or Craigslist, or Facebook Marketplace. Any used items like furniture, household appliances, collectibles or anything else that you’re just not using or is collecting dust, can be sold online to make some money. If you’re serious about this, you can even do it professionally for others and collect a small commission for each sale. Take quality photos and write a good description and you’ll be in great shape.
4. Rent your spare room on Airbnb.
AirBnB offers a great resource for people that are willing to rent out a spare room or even their entire home. If you’re in a bind for some fast cash, AirBnB offers you an avenue for creating an income. You’ll get paid 24 hours after a guest checks in, which is to avoid any problems or potential scams that might arrive. Some people earn their primary income just by renting out rooms or homes on AirBnB.
5. Manage social media for small businesses.
Many small businesses need a social media manager and simply don’t have the time nor the expertise to be constantly posting on social media platforms like Facebook, Instagram, Snapchat or Twitter. Take it upon yourself to contact local businesses and offer up your services for a contracted monthly fee. This is an easy way to make money no matter where you live.