How To Make A Good Living Online: 4 Great Ideas

Great Ideas

There are many thousands of Australians who make their living on the Internet, and if you are looking for the freedom and independence that comes with being freelance, there are many ways you can achieve this. Working online offers you an unprecedented level of freedom, and if you are out of work due to the Covid-19 pandemic, here are 4 great ideas that can generate a good income for you on the Internet.

  • Teaching English Online – There is a huge market for online English teaching in China, and you don’t need to have any teaching qualifications or experience to do this. As long as you are a native English speaker and you are presentable, you can register with one of the many online English teaching institutions. You might have to take an English grammar test online, to determine your language abilities, and the agency would give you learning resources and support as you teach Chinese children using Zoom or Skype. Of course, the hours of work would be in line with Chinese time, so it might be unsocial hours that you have to work, but if you have a laptop and a stable Internet connection, that is really all you need to succeed. If you don’t have a good computer, take out a personal loan with Nimble, Australia’s leading online lender that has helped many people set up their own business. You can practice with friends, which will boost your confidence when teaching students, and if you have a small whiteboard on wheels, this will prove to be invaluable, especially teaching young children.
  • Set Up an E-Commerce Business – This is how many people made the switch from a salaried position to a self-generated income, and while you will have to do a lot of research and planning, if you choose the right products, you can make a success of selling online. You will need to enlist the help of an established web designer, who can build your digital shop, and they would also offer web-hosting services, which is another thing you will need. Aside from the obvious IT work, you will also need to engage a digital marketing company to drive traffic to your platform, and don’t make the mistake of thinking that digital marketing is an optional extra, rather it should be viewed as an essential service that needs to be ongoing. Your choice of products is critical, so do plenty of market research to ensure that the products are, in fact, in great demand. The other aspect of this business is the logistics of getting the product to the customer and with a third-party logistics partner, you can outsource picking, packing and delivery to a professional outfit. If you would like to further your education, there are some great distance learning programs that will equip you to be successful as an e-commerce business owner, and a Google search is all it takes to find such learning courses.
  • Web Content Writing – Almost all of the text you read online was created by professional web content writers, and there are online content agencies that will hire you to write blogs on many topics. You would receive a brief and this enables you to write the article, and like most things, the more you write, the better you become. Once you are established, your rate of pay would increase, and the great thing about this work is you can do as much or as little as you wish, and the agency would send you work as and when requested. The normal turnaround time for this work is 24 hours, which is more than enough time to finish the articles, and you will become quicker at writing as time goes by, and therefore make more money. If you enjoy writing and have a good command of written English, there’s no reason why you can’t make a living writing web content, and once you become proficient, your earnings will increase.

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  • Trading Forex – Trading in currencies is a very popular way to earn money online, and this would require a lot of research before you actually trade with real money. Fortunately, there are free online resources to help you learn how to trade on the Forex markets, and the more time you put into studying, the greater your understanding will be. One idea is to join forces with a Forex broker, who would train and advise you on all aspects of the business, plus you can use their network to access the markets, while they also offer you state-of-the-art software to help you gain the edge. Many people start off part-time and keep their regular job until such time as they are sure of an income that will support them, which is advisable, as you do not want to lose the security of stable employment until you are sure you can make it. Like most things, you will need to apply yourself 100% in order to gain the necessary knowledge to trade at a profit, and the sky is the limit if you would really like to become a great Forex trader. Click here for some Australian government information about Forex trading, which will help you to understand the basics, and then search for a good broker, who can introduce you to the complex software used when trading currency.

When you work online, you enjoy a high degree of freedom, and as for travelling to work, that will be a thing of the past, and if you decide to take a holiday somewhere exotic, you can still earn a living with your laptop and an Internet connection. No more setting the alarm clock, no more struggling to commute in the morning rush hour and you work when you want to, which is a much more attractive proposal that being an employee. The future is looking very uncertain and if you are currently out of work, now is the time to take a look at one of the above money-making ideas.

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