How to Earn Money from Home
Let’s face it- the employment situation in India is still far from perfect. There is a huge gap between demand and supply in the recruitment industry which is why the people are always looking for non-traditional options for income generation. For instance, a good chunk of the people seek lucrative opportunities on the web which can allow them to earn a decent amount of money by working from their homes.
Can You Really Earn from Home?Yes! You can generate a satisfactory income working from home which also explains how rich India’s become under PM Modi. The Internet offers tons of opportunities if you are willing to learn and commit to the work. However, you will also find a variety of scams online which can leave a bad taste in your mouth. So, if you want to protect yourself from frauds and “get rich overnight” schemes, then you can consider the following options which are 100% legitimate and proven to work:
Freelancing, which is associated with the gig economy is one of the best ways to earn money online. For years it has provided employment to workers in the US and other developed countries, and now it’s becoming a norm in India too. In fact, 70% of firms used gig workers at least once during 2018, and the figure is only increasing with time.
Freelancing is basically providing services like blogging, graphic design, website development, etc. to businesses and individuals online under a contractual system. So, you are paid per project or assignment. This ensures flexibility in work and also offers you a choice in the kind of work you want to do.
There are various websites where you can find trusted clients for decent remuneration for your services viz. Freelancer.com and Upwork.com. To get started, you just need to create an account, upload sample work/portfolio and start applying for gigs that you find interesting.
- Online Casinos
India is emerging as a major market for sports betting and online casinos. Even as there is speculation about the government introducing new regulations that may make online gambling easier and more accessible, there are millions of fans across the country already.
If you have played any classic casino game like poker, blackjack, rummy, etc. then you can visit LeoVegas or any other popular online gambling website to play all your favorite games for real money! You will also find that these websites offer a massive variety in the games with different themes of movies, pop stars, countries, etc. There are also tons of exciting offers like sign-up bonuses, jackpots, free spins on slots, etc.
- Start Teaching
Some people have an innate talent for teaching. If you are one such person, then you can impart your knowledge to students across the country and make a living out of it. All you need to get started is a laptop, or a computer with mic and webcam, decent broadband connection, and documents that can verify your qualification.
There are many popular websites where you can create an account and earn money by solving the questions of the students. For instance, Chegg allows this exact thing and you are paid by the number of questions you answer. Otherwise, you can create comprehensive courses for different subjects and sell them whole on websites like Udemy and Coursera. Considering that e-learning is climbing to $325 billion by 2025, there is a massive potential in the industry and you can benefit more by getting started sooner.
- Launch an Online Store
If you are interested in selling select products like apparels, office supplies, kitchen accessories, etc. then you can also do that from your own home. You can set up an online store with complete commerce platforms or special WordPress plugins like Shopify and WooCommerce which allow budding entrepreneurs to start, grow, and manage customizable online stores as per their requirements.
If you don’t want to launch a full-fledged online store, then you can also start settling on popular online marketplaces like Flipkart, Snapdeal, Amazon, etc. While you will get lower profit margins and face more competition, getting started will be easier.
- Start a YouTube Channel
It’s no secret that YouTube is one of the biggest video streaming websites in the world. However, the main reason behind its popularity is the massive community of content creators who create and publish interesting videos on every conceivable subject- from automobiles to video game hardware, and from new-age technologies to history. If you think that you are a creative individual who is also tech-savvy, then you can start your own YouTube channel and work to gain more and more number of subscribers. Once you have achieved a certain level of popularity, then you can start monetizing your videos to get paid for digital ads. You can also earn money through other methods like affiliate marketing, influencer marketing, etc.
To be a successful YouTuber, you need the following:
- Camera and mic (a smartphone will also do if you are on a budget)
- A popular niche which you are also highly passionate about
- A decent video editing software. Examples include ClipChamp, Shotcut, and VSDC Free Video Editor
It’s important to note that compared to other options, this one is unlikely to deliver the desired results in a short period. So, take this path only if you are willing to wait for at least a few months to start earning enough to make you satisfied. That said, if your YouTube channel goes viral, then there is no limit to the amount of money you can earn. Plus, the work itself can be quite fulfilling and enjoyable.
So, as you can see, there are plenty of viable options for making a living without leaving your home. While it’s true that each path comes with some challenges, if you are dedicated enough and have patience, then you can achieve your financial goals without any problem. Good luck!