How I Make Money Online: My 6 Monthly Revenue Streams
I have officially dubbed 2020 as the Year of the Side Hustle.
This means that all year long I will be creating content based around side hustles and small business ideas. This content will be designed to motivate everyone to start, continue, or upgrade a side hustle or small business in 2020.
It occurred to me the other day that a great way to kick off our 365 day long side hustle party would be to talk about the side hustles and revenue streams that I am currently working on.
I'm not going to pretend that I am the biggest hustler out there or that I make anywhere near the type of money that some people do from their side hustles. But I do have a few income streams online that bring me in extra money each and every month.
I figure that by sharing these with everyone I can show how even someone with a small online presence can make money. And as my revenue streams grow I think it will be cool to be able to look back at where I've been and have a permanent record of my progress. So lets' get started...
I've been making Youtube videos for going on close to 9 years now. In the beginning it was all for the love of making videos. I started out with a series of videos about working on the oil rigs in North Dakota and then transitioned into making comic book review videos. There was no thought of making any money in those days, you just did it because you loved it.
One day I got an email from Youtube asking me if I wanted to become a partner. I didn't really take it seriously but I went through the steps and became one anyway. Imagine my surprise, a few months later, when I actually started making money off my videos!
Fast forward to the present day and I have 3 Youtube channels that are monetized. I will admit that I have made alot of mistakes on Youtube in the past, and for the number of years I have been doing it I don't have nearly as many subscribers as I should. But I feel like my Youtube future is very bright and I have plans for improving all my channels.
Not only have I been getting a check every month from Youtube for years now, but it has also opened up so many doors for me. I have some great friends I met through Youtube, I have had business opportunities come my way because of it, and it gave me something to do during those long boring nights when I was struggling with sobriety.
I'm always telling all my friends to start a Youtube channel and I think everyone else should too. It's not too late! You have a story to tell and Youtube is a great way to share it with the world.
Hubpages is one of my favorite ways to earn money online. It's another one that I've been doing for years. I don't really remember how I discovered Hubpages, but I'm so happy that I did.
For years I wrote articles online without seeing any profit from them. And honestly, I was writing more for the practice than anything else. I thought writing articles online would be a great way to improve my writing so that I could eventually write a book. (I still haven't written that book yet). So I wasn't looking for a platform that would pay me to write articles. I just needed the practice.
Somehow I stumbled across Hubpages and for the first time in my life there was the potential for my writings to bring in some cash money! And you have to keep in mind that this was back in the heyday of Hubpages, and article writing online in general, when you could slap just about anything together, and call it an article. Stuff it full of enough keywords and you had a hit article that would rank all over the major search engines.
Fast forward many years in the future and it is alot harder to get your articles ranked online. But Hubpages is a great resource. Because of their extensive network of niche websites, some of my articles still make the first page of Google.
I have been receiving a check from Hubpages every single month now for years. And I hope that the trend continues for years to come. I don't write as much as I would like to these days, but I do promote Hubpages heavily and I reap the benefits from their referral program.
I definitely recommend Hubpages to anyone who enjoys writing and wants to earn income off of their writings.
3. Amazon Associates Program
If you do anything online then you are probably an Amazon Associates affiliate. It's like the easiest way to make passive income out there, and it's pretty easy to join.
The only downside is that you don't really make that much money. I think you start off getting like 4% of what the people you send to Amazon purchase. But you can earn a larger percentage if you refer more sales, and with Amazon becoming the biggest retailer in the world, there are products on the site for literally everyone.
I've been an Amazon associates affiliate for many years. And to be honest, I don't use it as much as I should. I miss out on a lot of potential revenue because I forget to link to Amazon when I talk about products on Youtube and in my articles. But I still make a few dollars every month from the program so I'm not too mad at myself.
I've opted to get paid in Amazon gift cards, so pretty much every month I get an email from Amazon with my gift card code in it. AndI usually just let the money sit in my Amazon account until I need to buy something. All in all it's a great income stream that is really pretty passive (I'm still earning money off links I setup 4 years ago!) so I recommend it to all online content creators and entrepreneurs.
I will be the first to admit that I don't really know what to do with my Patreon account. I've been signed up for almost a year now and I think I have maybe three videos posted. But surprisingly, I have 5 patrons! With my only level of patronage being $5, which gives patrons full access to everything I post, I'm not exactly going to get rich off of Patreon any time in the near future.
But I do feel blessed to be bringing in any income from it at all. And I know that soon I will be able to figure out a way to provide quality, unique content on Patreon so that I can attract new patrons and even more revenue each month.
How Many Revenue Streams Do Have Going Currently?
Swagbucks is a website that pays you to answer surveys, watch videos, and perform other task online. There are a ton of similar websites online with the same business model, and the common thread between them is that no one really makes any money off of any of them. You could watch videos and do surveys all day long and come away with like $6, on a good day.
You can do alright, however, if you refer a ton of people to Swagbucks and receive a percentage of their meager earnings. This is what I do and over time I actually make a little money with the program. I exchange the Swagbucks I earn for Amazon gift cards, so about once a month I log in and see if I have enough for a $10 or $20 card.
It's not alot of money but it's super passive since these days I almost never do any tasks on Swagbucks. Every now and then I might make a new video and promote Swagbucks, but other than that I just sit back and collect my coins.
Yeah, Blogger is still around.
Those of you who have been online for awhile probably remember Blogger from it's heyday in like 2010. But guess what? Google owns it now and for some reason they keep it active. Which is great for me because it allows me to keep earning money through Google Adsense from all those blogs I slapped together in 2012.
If you don't know Blogger was a free blogging platform that allowed you to quickly and easily start blogs. When Google took over monetizing these blogs became a very simple process as well. You could literally put 10 post on a blog, wait a month, and then put ads on it and start making money. And, of course, in those days Google was partial to it's own holdings so you could get some decent search engine ranking.
Those days are long gone but I still have a number of old Blogger blogs that are still active and making me money. They don't make me much each month, probably just a couple bucks, but I do think it's cool to still be earning off blogs I threw together in one day 5 years ago.
These days I don't recommend Blogger to anyone because there are much better ways to spend your time online, but I did want to mention it in this article. Why? Basically, just as a 'Thank You' to Google for keeping it around lol.
So those are my current online revenue streams. And as you can see I like to keep them pretty passive. This means that they will keep earning me money even while I am devoting my free time these days to finding even more ways to make money online.
Stay tuned because sometime in the near future, maybe 6 months or so, I plan on writing an update article and sharing my progress and my latest revenue streams with everyone. Stay blessed and keep hustling!