8 Easy Ways Anyone Can Adopt To Become A Millionaire [#5 Will Blow Your Mind]
"DON'T READ THIS ARTICLE IF YOU DON'T WANT TO GO BEYOND YOUR 9 TO 5 JOB EARNINGS"
You are reading this; it means you are among the top 3% who want to get out of their 9 to 5 hustle and go out for their dreams. So, before we even mention those 8 easy ways to become a Millionaire, the first thing is to... "Start thinking big and positive".
8 Easy income streams and side hustles (with a Bonus tip in the end)
1. Rent out a car
2. Start a Youtube channel
3. Offer online coaching or sell a course online
4. Start a blog
5. Promote affiliate products
6. Create and sell digital assets
7. Become a freelancer
8. Sell products online - Dropshipping
1. Rent out a car
Renting out a car is a kind of side hustle where people can make over $10000 per annum on a single car. (Source: Turo)
Renting your car on Turo is one the best possible way to earn over $10k per annum on a single car. The credibility of Turo is enough to keep you satisfied and have peace of mind.
Here in this link is the story of Elan, who is a former auto consultant, and how he made over $50000 on Turo. turo.com/blog/community/how-a-former-auto-c..
2. Start a Youtube Channel
Starting a Youtube channel has the potential to increase your monthly income many times. You can create videos once on any specific topic, educate or even start a gaming channel and reap its perks for the rest of your life.
People think that it's a difficult journey to start and work on a Youtube channel but let me share an interesting fact about a backward village in India. Tulsi is a small village in India’s Chhattisgarh state which is known as a Youtube village and has around 40 percent of the population engaged in creating video content on Youtube, TikTok, and Instagram (odditycentral.com/news/youtube-village-the-..).
3. Offer online coaching or sell a course online
Offering to coach or selling a course online is one the most lucrative passive income stream provided you have experience and skill about the knowledge you would give to your audiences and students. Udemy is one of the platforms on which you can sell your course online udemy.com/?utm=40d9882e144b2fc80b5d7fda63b7... Udemy already has tons of customer base which will help you in getting a lot of audience attention in very little time.
4. Start a blog
Blogging is one of the best and most highly paid-passive income streams. Glassdoor reports that the average blogger's salary is over $50,000 per year, based on several anonymously submitted salaries. Grant Sabatier is one the most famous bloggers who has earned over $400,000 in a year (millennialmoney.com/2017-blog-income-report).
5. Promote affiliate products
Affiliate product promotion through blogs, websites, or social media is becoming very common but still, it has a lot of earning potential. Joining affiliate programs like Amazon or Clickbank can give you a quick start. Many bloggers use this income stream by promoting affiliate products through their blogs.
6. Create and sell digital assets
Humans by nature are quite creative and not using this creativity of yours that God has given you would be not only wasting your valuable talent but also you will be losing thousands of Dollars per month. Selling digital products can prove to be one of the easiest passive income streams. You can sell your digital products like digital planners, workbooks, etc. on Etsy or on your own website and earn thousands of dollars from it every month.
7. Become a freelancer
Freelancing is a great side hustle in which people can earn and even become millionaires. Companies and businesses are looking for skilled freelancers to help them get things done in the best possible way. Here is an example to show the potential of a freelancing career in which you can earn millions. Syed Muhammad Ahmad, who started his journey as a freelancer from Pakistan and has become one of the most successful freelancers on Upwork (upwork.com/freelancers/~01bda9c49af36c6745).
8. Sell products online - Dropshipping
In Dropshipping you sell physical products online without holding any inventory. This model of selling takes away almost all of your stress of managing the inventory and shipping it to customers. You don't have to invest a lot like any other model of Ecommerce and have the least risk involved in your business. This business model is quite easy, especially on Facebook Marketplace and Facebook Shops. Amazon, Ebay, and Walmart has got too saturated and the risk of account suspensions are also very high on those platforms. Facebook in comparison to Amazon, Ebay, Walmart, and other Ecommerce giants is fairly new in the Ecommerce industry and still has a lot of potential for new sellers to sell products on higher profits than any other Ecommerce platform.
BONUS TIP: MarketplaceFlow
To help you and get you started in the Ecommerce business of dropshipping mode of selling on Facebook Marketplace and Facebook Shops, there is a tool MarketplaceFlow marketplaceflow.io which will not only save you time but will also make your tasks easier. MarketplaceFlow has multiple features any Dropshipper would require to start a business like a product research tool, product listing, bulk listing, tracking number generation, customizable template options, and many more.
Conclusion
The best time to take action is NOW … The above 8 ways discussed will not only help get extra cash in your bank account but will give you the time and financial freedom which you have always dreamt about.