How People are Becoming Millionaires by Working through Online Sources
Internet can be useful to earn
Today , everyone is finding some ways of earning money by working through internet.
1. Youtube
YouTube is an online video sharing platform. People can not only watch videos on Youtube, but can also make Youtube videos and earn from them.
So, to start a youtube channel, you just have to join the partner programme and you can get started with your own channel. But Youtube has a rule that if you want to start earning money then you need to get monetized.
And for getting monetized, the person owning the channel needs to complete 4000 watch hours and should at least have 1000 subscribers on his/her channel. And once the channel gets monetized you will be eligible to get paid from Youtube and will also be eligible to put ads between the video and can earn from those ads.
2. Podcast
Podcast is an epidemic series that people can listen and download.
So, a podcast channel having 30000 to 50000 download range, only that podcast can be eligible to get paid for their podcast.
But, there are so many podcast channels having small following (10000 downloads or less). There are some podcasting apps which allow these channels to get paid.
3. Amazon FBA
Amazon is a very popular and a very trusted brand. FBA stands for Fulfilment By Amazon.
You just need to sell your product on amazon and they will pick the product from your home, pack it, and will ship the product to the customer, and will also provide customer service for these products.
People running their business through amazon uses the same business model that brands like Walmart uses. Just wholesale products for $1 each and buy 500 of it and then sell it for $20 each and you get profit of $19 for each product .
But how people are actually doing this whole thing is that they go on a website called Alibaba.com. So, Alibaba is an online commerce company where most of the big wholesalers put their products and then anyone can buy those things wholesale from Alibaba.com.
4. Airbnb
Airbnb is an American vacation rental online marketplace company. The full form of Airbnb is Air, Bed and Breakfast.
People can just rent properties on Airbnb and earn for that as soon as someone comes to stay into their properties. People are able to earn millions from Airbnb without even owning a property.
So, you just rent a house long term and short term yourself for double or triple the cost of what you pay.
