Starting an online store can be a great business. It also has its risks. In this article we discuss 5 tips for overcoming some of the hurdles that most online startups face. For business, it is crucial, in fact, to recognize potential challenges and establish a strategy to solve them before they arise. There are […]
Earn six-figure, you don't have to settle for a second-rate pay.
Why would you choose a demanding and stressful job that doesn't pay well when you can work from home, earn much more, have a flexible schedule, and wear pajamas all day?
Twenty-nine percent of full-time independent workers are earning more than $100,000 a year. In short, earning six figures as a worker from home in 2022 is not all that difficult and complicated!
So, if you want to gain more than just a passive income, you have come to the right place. In this article, we will discuss the six finest options to make six figures from home in 2022.
#1 Work as a Virtual Assistant
If you are meticulous, can manage deadlines and can balance multiple tasks at once from the comfort of your home, then a position as a virtual assistant is perfect for you.
Virtual assistants, as the name implies, undertake continuing administrative responsibilities for a businessman, CEO or a corporation. Your aim is to manage everything tedious or time-consuming that has to be done accordingly but does not necessitate your employer's proficiency or mastery to accomplish.
The highest-paid VAs earn around $61,000 per year, according to PayScale. Virtual assistants with a broader set of skills (for example, those who can develop launch sites, create interesting content on WordPress, and so on) can earn up to $60 per hour! In the VA industry, the wider you provide in terms of skill set, the more money you can earn.
As a virtual assistant, you have the freedom to work with multiple employers of different fields, making it easy for you to grow and enhance your skills and abilities.
Steps to Follow To Get Started:
- Structure your services. Before you hunt for virtual assistant jobs, you must first select what sorts of services you will provide to your clients. If you prefer handling administrative tasks like note-taking, scheduling appointments, and trip planning, you may base your career on those skills.
- Find your target clients. Once you have determined the kinds of services you can provide, you now move forward to identifying your ideal clients. Your services may impact the types of clientele you seek, but you can always broaden or limit your client niche as you acquire expertise.
- Build a solid online presence. Creating a remarkable online presence is one of the most effective methods to use in order to gather ideal clients. Establish a professional website and update your LinkedIn profile and highlight your skills and services.
- Grow your network. After you have produced these materials, it is crucial to connect with other virtual assistants and engage with potential clients. Join several group communities for virtual assistants to enhance your expertise and network.
For individuals willing to work remotely, being a virtual assistant is a good, solid career route.
#2 Virtual Teaching
If you are knowledgeable about different sorts of things or if you are an expert in a certain field or topic, one alternative is to share your knowledge or information through teaching or tutoring. Another wonderful approach to generate money from home is to teach virtually.
The online learning industry is expanding at an unprecedented rate and is predicted to reach $325 billion by 2025.
People are increasingly turning to the internet for assistance, even for simple tasks such as "how to tie a tie":... or perhaps more complex help, such as "how to build an HTML":
If you are new to e-commerce and just want to get a course up - and - running as quickly as possible, elearning sites like Udemy, Skillshare, and Teachable are good starting points. These platforms will allow you to post and share your programs and receive fees from students without incurring any out-of-pocket expenses. Rather, they take a sizable portion of the money students pay for your class.
Interested in teaching an online course? Follow the steps below to get started:
- Define your course’s value. Since a course is considered a product, it is crucial to acknowledge the value your course provides. Who is it for? What advantages does it offer? What are the issues it tries to address? How critical are these issues? How useful is the solution? The answers to these questions will assist you in planning and pricing your course. Remember that pricing is a reflection of value.
- Prepare your lesson plan. Being an expert does not automatically make you a good educator. To make a fantastic course, you must be very deliberate on how you put everything together. You must comprehend precisely what your learners need to learn and then guide them through from A to Z.
This will involve some experimentation, so don't wait until it's flawless before distributing. Be intentional from the outset, and then ensure that you receive lots of feedback from students that join your course. Pay special attention to how well they are understanding the topics and make modifications as needed.
- Choose the right platform for you. As mentioned earlier, if youlready have knowledge about how e-commerce works, then self-hosting is an excellent option.
If you utilize an e - learning platform, releasing your course may be as effortless as submitting the files. However, different platforms demand particular types and durations of material, so pick your platform carefully before finishing your course.
#3 Establish an Online Business
Nowadays, the majority of consumers prefer shopping online. In fact, 96 percent of Americans have made an internet purchase at least once, with 80 percent having done so in the preceding period.
People spend more time browsing over online deals and less time strolling around the mall since it is more convenient and time-savvy. This is your sign to bring your business online and earn more than 6-digits annually.
Online stores enable business owners to:
- Increase your consumer base.
- Increase your sales.
- Expand the organization.
- Understand your target audience and discover behavioral patterns.
- Understand your target audience and discover behavioral patterns.
So, how much money do people make from selling through an internet store? This figure is ultimately determined by elements such as your type of business, products, pricing, business plan, costs, and profitability.
Ready to create your online store? Follow the steps below:
A. Specify your goods or services. Determine what you want to market and sell. Are you a creative person? Do you like mentoring business owners? Whatever you do, be certain that you specify it. Of course, as your business expands, this will most likely alter, but it's vital to start with a clear vision of what you are offering.
B. Establish your brand. It is crucial to build a brand that represents both who you are and the items you offer. Potential buyers will likely remember you if you have a consistent, and interesting brand.
C. Choose an e - commerce platform and launch your online store. Nowadays, there are a number of trustworthy e-commerce networks to choose from. Moreover, it is still vital to examine which platforms you should be using regularly in order to connect with your target market.
D. Market your store. Advertise your shop once it's running and functioning! Having a solid marketing strategy such as social media posting is one of the greatest methods to generate a steady income flow. Of course, you will have to invest a little in order to reach tons of users. But rest assured that you will receive higher ROI in the long run.
There are several tools available to assist you in getting your online store off to a good start. Experimentation (together with a lot of hard effort) might propel you to six or more figures before you realize it!
#4 Build Your Own Blog
Today, it appears that everyone is investing in blogs. According to statistics, there are over 30 million bloggers and growing. It seems that the market is completely drenched. Well here is the deal: it is. But that doesn't indicate you can't make a living as a blogger anymore.
There appears to be a blog for every angle and thought, ranging from mainstream, common topics like cuisine, travel, culture, and fashion to blogs that pushes the phrase "niche" to a different level.
Blogging is an excellent way to engage with people, but it can also be a prolific method to earn money: if you have a strategic plan and are prepared to put in the effort of course.
How much income do bloggers make? Which option generates the most profit depends on how vast your community is and how much traffic your blog obtains.
Bloggers make money largely via paid brand collaborations, promotional offers, and ad space spelling on their site. According to a ProBlogger poll, 9 percent of bloggers earn between $1,000 and $10,000 per month, with 4 percent earning more than $10,000 per month.
Take a look at these steps to get your blog up and kicking:
A. Determine the main theme of your blog. Before you publish your blog, you need to undertake loads of heavy work in terms of planning and preparation. This way, you can be purposeful and aware about what you post and discuss. Having a clear vision of what your blog will be about will not only enable you to develop your audience base, but will also keep you on track when writing a material.
Don't know what to write about? To get your thoughts in order, consider the following questions:
- What do I care about?
- What do I like to do in my leisure time?
- What are my interests?
- What field am I knowledgeable about?
- What is it that I wish I understood more about?
B. Establish your brand. It is crucial to establish a constant brand presence on different social media platforms, including your blog. Consistency will help you develop your reputation and influence on any topic you want to blog about, as well as help readers to recognize you and your content.
C. Choose a blogging platform. There are several blogging solutions available, some of which are superior to others. Conduct a thorough research to determine which platform is ideal for you and your objectives. WordPress, Medium, Blogger, and Squarespace are among the most dependable platforms on the market.
D. Develop a content calendar and a publishing timetable. One great strategy to build consistency among your followers is to have materials that are generated with a purpose – or rather, content that you know your audience will be keen to read. When you are just getting started, it's a smart option to have a few blog entries planned out that you can schedule beforehand. That way, you will have bits of posts to put up in your blog and will be able to evaluate what your audience is interested in.
#5 Become A Copywriter
Copywriting is among the professions that has profited the most from the upsurge of remote employment options. Per the Top Rank Marketing site, 64% of B2B businesses subcontract their content to freelancers.
Employing independent copywriters allow businesses to select people who specialize in their field, have an in-depth grasp of a subject, or offer a fresh viewpoint to the table.
While the average copywriter pay is about $48k, 40 percent of freelance copywriters make around $50-100k, with 22 percent making six figures or even more.
Copywriting is a huge factor that keeps e-commerce intact today. In every website, email, and social media ad, the goal is to persuade you... and it is all done by a copywriter.
If you want to master how to become an efficient copywriter, there are two realistic options:
- Find work as a remote copywriter.
- Make a living as an independent copywriter
Simply explore job postings online to discover remote writing positions. LinkedIn's employment area has evolved into an excellent source for remote working opportunities, and you can now browse specific remote jobs based on your skills and attributes. There are other websites dedicated to remote job postings, such as Flexjobs.
Earn Six-Figure - Final Thoughts
If you want a fatter paycheck and are ready to take more risks, freelancing is the way to go.
Making six figures from home is now more accessible than ever. Because most industries are now shifting towards remote, freelance employment is also rampant and in demand. The only important question you must answer is, "How will YOU make an income from home?"