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Author Topic: I need 5 sources of revenue to generate $200 each per month - Ideas?  (Read 6354 times)
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Purvik
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July 19, 2019, 09:26:39 AM
 #21

I would recommend you to focus on any idea related to "Passive income" and the best thing would be YouTube, TikTok.

Your idea is great to make 200$ a month so at sudden you cannot be a Bill Gates, you need to cross every tiny dimension so don't give up just start learning Quality Good work and make videos on these channels. Note: You don't require 100 bad videos but just 5 quality good videos should be your goal.

I did tried Steem it - But as per the most experienced Steem users, we don't have any luck there. Tried to Upvote each other as a team  Grin

Blogging? - Did have my own website but we need to first write articles at the same time we need to align them properly on our website and we need to do loads of work after writing for article.
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July 19, 2019, 12:46:43 PM
 #22

OP, is there someone suggesting you that private lending business is also good stuff. Just use a peer-to-peer lending business or either in crypto space lending business. I know that when you are starting a small business you cant assure how much the profit will back to you. But $200 per month is just easy to achieve.

I drop some links here because I am searching what is the best investment for passive income.
https://www.investopedia.com/articles/investing/011916/4-best-passive-income-investments.asp

It is also suggesting there to play in the stock market which is the best way to put investment if you have knowledgeable on this kind of business.

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DeathProxy
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July 21, 2019, 08:04:55 AM
 #23

Yes you can have other side hustle be it online and offline.  Try some online investment like forex and binary trade. All you need to do is to take out time to learn the process invloved diligently.  You can also try freelance job as a content writer, video editor or any other skill which is in high demand with that you can make more than 200$ per month

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July 21, 2019, 09:17:41 AM
 #24

I recommend NOT to trade binary options.
Just google "binary options scam"
Maybe there are possibilities NOT to get scammed. The amount of binary-options-scams is anyway overwhelming...

By the way same with forex. There are some forex-trading possiblilities that are quite ok.
But there are many that are not ok...

If you want to trade with high risk, better trade cryptos...

OP told already he has not the huge financial reserves to trade.
Trading is not a passive income, its serious, timeconsuming work, involving tons of funds and knowledge.
So simply dont do it.


Trade across blockchains DECENTRAL : https://cutt.ly/rOSoDl
suwandichen13
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July 26, 2019, 10:23:19 AM
 #25

Guys.

So I was wondering if you guys could give me ideas to set up some revenue streams that would not require much time investment per week.

Ideally each source of revenue should bring in about $200 per month and should be scalable.

I have some of my own ideas but I can get too biased about what I think is the right thing, so I want to open up this discussion to all of you that might have better ideas than what I could conjour.

Self-mod thread, but I won't delete your posts unless you start trolling.

In this case, depending on your Capital fund? But if you don't have any capital to spare, there are some ways to make money without any initial investment.

1. Broker: for example in my case, I will search for information about Rare Vegetable on high demand and I will find and drop it into the market without spending money and got $15 to 20$ each time, usually 2 times a week depending on market sentiment.
2. Online Shop Dropshipper: create a free website and resell anything as a dropshipper.
3. Affiliate Marketing also good, I'm not good at reviewing a product, but I did make some cash long time ago.
4. Youtuber also a good way to generate money nowadays.
5. Do people a favor, like buying them Foods, THings, or books within your area.
6. Uber driver also good thing better than nothing.
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July 27, 2019, 04:16:33 AM
Merited by The Sceptical Chymist (3)
 #26

Monetizing your best skill would be good idea than having a business. Business will only bring you fruit once you can set up the whole process. It will never generate you money instantly. It's a lengthy process.
I would suggest you to start up with freelancing platform, yes I read you don't want freelance anymore but it's the best for your situation.
I'm writing articles for a long time, I didn't offer my service here but luckily got a client here as well who asked me to write article.
Upwork is very competitive marketplace, however, I recommend you to offer your best skill service to every marketplace. Do a regular check and I believe $200 will not be a big amount.

One more suggestion (not a good one)-
Try to get accepted into a long time signature campaign despite their low paying rate, it will pay you the most  Cheesy

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July 27, 2019, 04:52:44 PM
 #27

I know you probably won't like my response but the best way to make an extra $200/month is to cut back on spending every month by as much as possible and to make sure all your debt is being paid of as effectively as possible. That will probably have the biggest impact on your long term financial position.
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July 27, 2019, 07:59:04 PM
 #28

rent an asic miner when he comes out I think it's profitable but when the asic miner go out not after 2 or 3 months  I never try it  and I want to give it a try

Free palestine
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July 28, 2019, 07:50:37 AM
Merited by legendster (1)
 #29

Quote
  I never try it
So better dont advise it.
Almost guaranteed you will loose.
Its very hard to earn with mining.
Its almost impossible to earn with cloudmining.

Trade across blockchains DECENTRAL : https://cutt.ly/rOSoDl
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July 28, 2019, 07:44:05 PM
 #30

~snip~


There were still some legit binary options broker though like binary.com and tradersway.Brokers been known to be manipulative thats why it isnt really idea to engage with binary option yet they are somewhat like gambling if you dont know what you are doing.Op is finding some sources,for business it would still need to get established before it can generate income if in rush then utilizing your skills will be the nearest option to take.

legendster (OP)
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August 13, 2019, 09:08:17 PM
 #31

Monetizing your best skill would be good idea than having a business. Business will only bring you fruit once you can set up the whole process. It will never generate you money instantly. It's a lengthy process.
I would suggest you to start up with freelancing platform, yes I read you don't want freelance anymore but it's the best for your situation.
I'm writing articles for a long time, I didn't offer my service here but luckily got a client here as well who asked me to write article.
Upwork is very competitive marketplace, however, I recommend you to offer your best skill service to every marketplace. Do a regular check and I believe $200 will not be a big amount.

Let me point you to this answer :
I already have skills and I am already freelancing. I cannot 'freelance more'..

The whole point is to identify more 'opportunities' that can be scaled with intense short bursts of work per week and something that can be scaled with money investment. Say an e-commerce website for example as Palmodar suggested above.


One more suggestion (not a good one)-
Try to get accepted into a long time signature campaign despite their low paying rate, it will pay you the most  Cheesy

I thought I had already mentioned this before but signature campaigns are not stable and whether or not they are successful or not is not determined by me and I have no way to ensure that this stays active for the next 10 - 20 years.

Signature campaigns are not jobs or businesses. They are well-paying hobbies.

Also, I think you missed the part where I said I am already working and I only need ways and ideas to set up new businesses that can be scaled.

I have 24 hours in the clock and I cannot increase that. I have to spend some time on my existing work.

Even if I get into a signature campaign that lasts 10 years, I will never be able to scale it. It would always be $50 - $100 a week for a set amount of time dedicated into the work. That, is technically providing a service, hence not scalable.


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August 13, 2019, 09:19:39 PM
Merited by legendster (1)
 #32

I see so many people just repeating what legendster already said is not an option. If only people read before post..
I have a suggestion.
Set up a dice site like bustabit? these things are pretty profitable. Since you are in cryptocurrency already it would be easier for you to manage it with little research.
think on it..
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August 13, 2019, 09:22:10 PM
 #33

rent an asic miner when he comes out I think it's profitable but when the asic miner go out not after 2 or 3 months  I never try it  and I want to give it a try

No.


Quote
 I never try it
So better dont advise it.
Almost guaranteed you will loose.
Its very hard to earn with mining.
Its almost impossible to earn with cloudmining.

+1


I know you probably won't like my response but the best way to make an extra $200/month is to cut back on spending every month by as much as possible and to make sure all your debt is being paid of as effectively as possible. That will probably have the biggest impact on your long term financial position.

Yes, I don't like your solution because it's not a solution and it's not an option. I am not someone that splurges on personal accessories, junks, luxury or anything like that. You assuming that I am not already being the most efficient I can be with my money is a fallacy.


help me to sell my Domains!

writing Domain Traders messages, if we successfull, you can have portion of it.

are you located in Beverly Hills?

No

I see so many people just repeating what legendster already said is not an option. If only people read before post..

Thanks for understanding my pain!

I have a suggestion.
Set up a dice site like bustabit? these things are pretty profitable. Since you are in cryptocurrency already it would be easier for you to manage it with little research.
think on it..

Actually not a bad idea at all.

I thought about it before but the thing that is holding me back is the enormous capital requirement. I think something like 70 - 80 btc bankroll is necessary.. and I am about 70 - 80 btc short of that lol


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Scheede
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August 20, 2019, 10:59:04 AM
 #34

In this case, depending on your Capital fund? But if you don't have any capital to spare, there are some ways to make money without any initial investment.

1. Broker: for example in my case, I will search for information about Rare Vegetable on high demand and I will find and drop it into the market without spending money and got $15 to 20$ each time, usually 2 times a week depending on market sentiment.
[...]
5. Do people a favor, like buying them Foods, THings, or books within your area.
[...]

I am sort of in a similar situation with Legenster and found these 2 ideas interesting/different.

May you elaborate those a bit for me (us) with an example how you do that?!

[1]
Let´s say f.e. "Rare Vegetable" = lets say Brasilnuts (for your region) ?
and the market you drop it to is the local market in your area then ? (if so, it will then possibly take some paperwork/registrations to be allowed selling there/again more or less important depending on the region one does that)

[2]
Like getting payed for minor jobs around the house/life of your neighbors?

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August 20, 2019, 02:16:08 PM
 #35

I can't give you 5 different streams but something I know about your country is, it is an education hub to many for which people migrate from many different countries to India. If you can try, you may achieve great success by utilizing the man-power available there if you know how to convince someone to work under you. You need to trust me that this alone has the potential to bring in more than $1000 each month if you have the right skills to achieve it.
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August 22, 2019, 03:37:21 AM
 #36

I am currently also thinking of the same thing by now. The only difference I guess is that I have much time to spear on than you since I currently don't have a full time job. I have been putting some time right now creating my own website.

I am still currently on the process but I will be sharing to you the things that I have considered in making a revenue if I have completed it. Basically It's all about Ad revenue, and affiliate marketing.

Identify your expertise first or the thing that you love doing so it will be quite easier for you to categorize your site niche and your target audience. For example I really loved reading news about politics. by that I already have identified my niche target which is political news. Now I have to identify my target audience do I plan to write for world politics or local politics? I then choose to write for "World" politics as that might get me more readers of my article.

So now I am aiming for a world political blog site which's main source of revenue is from the ads. Then use youtube to a create a video content about the said news and also monetize it. At the same time find an affiliate marketing that might interest your targeted audience for example selling magazines from amazons that it is somehow related to politics or social etc. 

As your blog site grows you can then hire somebody who can write for you or make contents for you.

~
You can earn via searching on bing.

A single bing account with an outlook email can earn about 5 or 6 dollars a month.

You can write a script to do the searches. It takes a person about 7 minutes a day which is 210 minutes a month.

But a proper script could do it . Is it scalable to an extent yes but most likely no more then 3 accounts per ip will work. My wife and I and a friend do 3 accounts a month on my pc. It earns about 15-17 in amazon cards.

I don’t mind doing searches manually.

This is definitely worth of a try. I supposed that you already do have your own script by now?
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August 22, 2019, 02:44:36 PM
 #37

I am currently also thinking of the same thing by now. The only difference I guess is that I have much time to spear on than you since I currently don't have a full time job. I have been putting some time right now creating my own website.

I am still currently on the process but I will be sharing to you the things that I have considered in making a revenue if I have completed it. Basically It's all about Ad revenue, and affiliate marketing.

Identify your expertise first or the thing that you love doing so it will be quite easier for you to categorize your site niche and your target audience. For example I really loved reading news about politics. by that I already have identified my niche target which is political news. Now I have to identify my target audience do I plan to write for world politics or local politics? I then choose to write for "World" politics as that might get me more readers of my article.

So now I am aiming for a world political blog site which's main source of revenue is from the ads. Then use youtube to a create a video content about the said news and also monetize it. At the same time find an affiliate marketing that might interest your targeted audience for example selling magazines from amazons that it is somehow related to politics or social etc. 

As your blog site grows you can then hire somebody who can write for you or make contents for you.

~
You can earn via searching on bing.

A single bing account with an outlook email can earn about 5 or 6 dollars a month.

You can write a script to do the searches. It takes a person about 7 minutes a day which is 210 minutes a month.

But a proper script could do it . Is it scalable to an extent yes but most likely no more then 3 accounts per ip will work. My wife and I and a friend do 3 accounts a month on my pc. It earns about 15-17 in amazon cards.

I don’t mind doing searches manually.

This is definitely worth of a try. I supposed that you already do have your own script by now?

The bing thing works I do it with three accounts with three real people and three real cell phones 📱 .

I have  to think that multiple cell phones and multiple ips would allow a lot of accounts. But I don’t bother since the three or four cards a month is legal . While using multiple ips with a bunch of cell phones is pretty much fraud.

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August 22, 2019, 03:42:05 PM
 #38

all these jobs you’re talking about are they going to be online?

No

I'm going to assume you have a lot of money in crypto, or a lot to invest.

No

..Super Master Node ..

No.

Investing in any crypto node is risky unless it is something that is already established like Dash. Which does give a stable payout but the investment is about $139,312  at today's price. Which is absurdly high. (for me)

You can earn via searching on bing.

A single bing account with an outlook email can earn about 5 or 6 dollars a month.

You can write a script to do the searches. It takes a person about 7 minutes a day which is 210 minutes a month.

But a proper script could do it . Is it scalable to an extent yes but most likely no more then 3 accounts per ip will work. My wife and I and a friend do 3 accounts a month on my pc. It earns about 15-17 in amazon cards.

I don’t mind doing searches manually.

Can you give me  in little detail on how we can earn from bing by only searching ? Is this earning opportunity for all the countries ?
Do let me know, maybe i may get some business / earning idea for myself as well.  Smiley

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November 27, 2019, 01:14:12 PM
 #39

Can you give me  in little detail on how we can earn from bing by only searching ? Is this earning opportunity for all the countries ?
Do let me know, maybe i may get some business / earning idea for myself as well.  Smiley

I wouldn't recommend that you spend time to get on the Bing search train. You'll earn quite alright but the earnings are not much, infact it's nothing to write home about. I would suggest you spend the time getting a skill. If there's one thing I know, A skill will help you get recurrent income (on constant basis.) And if after getting a skill, You still feel you can get on the crypto trading train, You should seek proper training.

You can setup a passive income via your learned skills, It's one journey you won't regret Starting.

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November 27, 2019, 01:52:53 PM
 #40

"I already have a domain name and a membership with wix that I got last year. So this is already in my plans and I agree with you that this can be one of the most stable things if done right."

why throwing away your money to wix if, you are actually looking to make more money!!
I guest it's because they are offering a drag & drop which enable anyone to  build a website in less than 1 week!

Actually, do you think such website actually yield any lasting profit if, you are serious about your online biz?
In addtional, the hosting plan quite expensive (is like living in bondage) they don't actually give you the possibility to fully customized your website without some silly upgrade fee's.

So, i advice you should choose to go with a hosting plan separate from website development. Atleast, you can still get access to your files if, you lose the domain name or if anything goes wrong.

For less than 25 buck, you could get website developer's on fiver.

Sorry, this is just my personal opinion. In the early day, i wasted bunch of time and money going from one drag-N-Drop website builder to another before i convince myself of what i needed.




Re-edited : In regard's to your question - it's possible to make a full time income here (on this forum)  in combination of these two other website : localbitcoins & bitify.com

Thanks
Soldierwitlittlefaith
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