I need 5 sources of revenue to generate $200 each per month - Ideas?

[Farma]

the only thing i think about is working. or you can try to take advantage of various advertisements if you have a youtube channel, or the web to register to google Adsense. in the crypto world, you can try to advertise various projects. even though it's not certain that it's successful, it's worth a try. because for me the current income of $ 200 is quite large.

[Who_]

Would love to get an update from OP.

[UserU]

hello everyone,
I want to suggest 2 sollutions to win 200$ or more per month in Bitcointalk,
in my position, i suggest to do translations project, you have absolutely a native language mabe two or more, and you need to participate in projects (newest projects) you should negociate in advance with manager and ceo, you will get the deal. then you have just to deliver the job in time and conditions.
You have also a social medias, Facebook, Twitter, LinkedIn... you have at least one of theses social media and you will participate in SM campaigns.
I hope i have help you to make some money, if you knew theses before you can see others comments of my friends Bitcointalkers :=)
Enjoy

You can't just approach any CEO or manager without establishing a reputable portfolio first. Assuming most don't have any prior background.

Do you have any to show to us?

[iv4n]

Would love to get an update from OP.

I doubt we will see an update, in his post he said:

that would not require much time investment per week.

I didn't notice he wish to invest money! And if you don't invest time and skills or money, you can't generate any income! Basically those two are first choices, you will work for it (with your time, energy, knowledge) or you can buy some shares (staking coins, dividends from some exchange, or casino). There's no third option, it's either this or that in my opinion! I have couple investments from which I have some passive income (daily, weekly or monthly, depends on investment), but it's nothing much, couple dollars here and there, I didn't wish to invest huge amounts in them, so I don't expect much, I am satisfied with couple dollars here and there.

[honolulumark]

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.

how much you'd invest though?

[Jamesdila1]

If you have a good amount of money just invest in crypto
If you don't have money and you want to earn just work as a bounty hunter earn a good amount of money and then start a project on your own
Everyone has a skill (for example: photography) buy gear and start working or setup an ecommerce shop...

[NotATether]

If you don't have money and you want to earn just work as a bounty hunter earn a good amount of money and then start a project on your own

I do not recommend making money from bounty hunting as they pay an extremely small amount of money per month. I leave you this quote by Will Rogers:

“The quickest way to double your money is to fold it in half and put it in your back pocket.” —Will Rogers

i.e. Don't spend the money you just earned on commodities, save it.

[ATSgrowth]

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.

Start you own eCommerce.

Dropshipping - You do not even need your own product. Buy products from amazon and sell them in ebay
Affiliate marketing - again you do not need your own product however you need to have very good knowledge about how online advertising works.

These are the two side income you can try. The first one will not need any money at all but the second one may require a lot of money just to educate yourself and to use the proper tools.

Good luck.

I have spent few hours to do a research and it's not as easy as many people think. The biggest problem, what I see is with choosing the right product and secondly with a marketing. The money that generates the eshop is fabulous, but there is a big chance that you spent a lot of money at the start and you will not succeed.

[NotATether]

The money that generates the eshop is fabulous, but there is a big chance that you spent a lot of money at the start and you will not succeed.

Can you give me rough figures on how much revenue it could generate per month? I might open one in the future.

[BitcoinGirl.Club]

I have spent few hours to do a research and it's not as easy as many people think. The biggest problem, what I see is with choosing the right product and secondly with a marketing. The money that generates the eshop is fabulous, but there is a big chance that you spent a lot of money at the start and you will not succeed.

You have this not succeeding risk in every business. Online businesses are more cheaper than the offline business one has. Think about a clothing store which has a show room in your mall.

How much they spend a month for rent, electricity and others?
How much they spend to pay the staffs every month?
How much they spend in marketing?

In e-commerce you do reduce a lot of these costs nearly to zero.

[UserU]

I have spent few hours to do a research and it's not as easy as many people think. The biggest problem, what I see is with choosing the right product and secondly with a marketing. The money that generates the eshop is fabulous, but there is a big chance that you spent a lot of money at the start and you will not succeed.

With COVID, face masks and hand sanitizers remain as hot items

[cabron]

Invest on casinos, no work needed.

I have spent few hours to do a research and it's not as easy as many people think. The biggest problem, what I see is with choosing the right product and secondly with a marketing. The money that generates the eshop is fabulous, but there is a big chance that you spent a lot of money at the start and you will not succeed.

With COVID, face masks and hand sanitizers remain as hot items

Is it allowed to buy by the bulk of masks and hand sanitizers in your area?  Government today are now limiting what you could buy because anyone will hoard and to avoid it, they are now allowing bulk buying.

Online shops need capital so starting an eshop will cost unlike having just a facebook page and sell things on facebook, will cost just the time. Marketing locally will work as long as you can deliver by yourself.

[ATSgrowth]

Invest on casinos, no work needed.

I have spent few hours to do a research and it's not as easy as many people think. The biggest problem, what I see is with choosing the right product and secondly with a marketing. The money that generates the eshop is fabulous, but there is a big chance that you spent a lot of money at the start and you will not succeed.

With COVID, face masks and hand sanitizers remain as hot items

Is it allowed to buy by the bulk of masks and hand sanitizers in your area?  Government today are now limiting what you could buy because anyone will hoard and to avoid it, they are now allowing bulk buying.

Online shops need capital so starting an eshop will cost unlike having just a facebook page and sell things on facebook, will cost just the time. Marketing locally will work as long as you can deliver by yourself.

But don´t you think that the market is oversaturated with offers? Thanks to shopify everyone can create a dropshipping eshop in few minutes, so to succeed you need to spend a lot of money on marketing at the start, or?

[UserU]

Is it allowed to buy by the bulk of masks and hand sanitizers in your area?  Government today are now limiting what you could buy because anyone will hoard and to avoid it, they are now allowing bulk buying.

Online shops need capital so starting an eshop will cost unlike having just a facebook page and sell things on facebook, will cost just the time. Marketing locally will work as long as you can deliver by yourself.

It's actually a gray area. While the gov has anti-profiteering laws in effect, they are hardly carried out on establishments, let alone online stores. There were even cases people stole hand sanitizers from hospitals and the perpetrators were never caught.

So you could still see a box of China/ generic face masks sold between 15 to 30 bucks.

[rexxarofmoknathal]

If you're serious about making money then isn't $200 on the low end? And what avenues you can explore are totally dependent on your skill set and whether you're willing to learn. As such, it is possible that what ideas you might get from this forum may not all be applicable to you.

Anyone can suggest what works for them but in the end it is for you to decide. For example, if you're good at writing then why not try that you could be an assistant to a copy writer or something, depending on your knowledge of the crypto industry you could also get involved with social media management like community moderator and such. These opportunities tend to emerge form projects. Also check you the services section of this forum too.

[mr.relax]

The guy wants a PASSIVE INCOME ,
that means to earn money without investing or work.

This does not exist, except you have good luck and find cash in an evelope at an empty beach.


The very best what you can do, is to live in a nice but cheap developping country with low taxes,
but earn your money as a digital nomad at a level, close to wages at developped countries.

That makes it possible to save a lot, that you can invest and take off financially...but its work, not passive income.

[ATSgrowth]

The guy wants a PASSIVE INCOME ,
that means to earn money without investing or work.

This does not exist, except you have good luck and find cash in an evelope at an empty beach.


The very best what you can do, is to live in a nice but cheap developping country with low taxes,
but earn your money as a digital nomad at a level, close to wages at developped countries.

That makes it possible to save a lot, that you can invest and take off financially...but its work, not passive income.

Talking that passive income doesn´t exist is pretty easy, much hard is find a way how to achieve it.
You can have passive income for example when you rent your apartment or take dividends from stocks. But when you are talking about the business, it is semi-passive income, you need to manage it and improve it or it will die without your action.

[mr.relax]

You can have passive income for example when you rent your apartment or take dividends from stocks.

This requires you invested before, didnt it?

[coupable]

You can have passive income for example when you rent your apartment or take dividends from stocks.

This requires you invested before, didnt it?

He has suggested this because he already owns an apartment from heritage maybe or won it in lottery. So yes, you can have a passive income by renting it. However, it is almost impossible to do this without firstly invest by buying the apartement or the stocks source of dividends.
Rent something can't be considered as an activity to generate profit; it's the choice of those who have nothing to offer, as a service, and just making profit from already existing commodities/properties.

[UserU]

You can have passive income for example when you rent your apartment or take dividends from stocks. But when you are talking about the business, it is semi-passive income, you need to manage it and improve it or it will die without your action.

Renting properties isn't a passive income business. There's the maintenance fee and then the tenant fee; if they turn out to be shit, you're gonna have a hard time dealing with them.