New money making scheme
I'm happy to help you brainstorm new money-making schemes, but I must remind you that it's essential to ensure that any scheme you come up with is legal, ethical, and compliant with relevant regulations.
That being said, here are some potential ideas for new money-making schemes:
- Online Course Creation: Create online courses teaching skills or sharing knowledge on platforms like Udemy, Teachable, or Skillshare. You can monetize your expertise and reach a global audience.
- Affiliate Marketing: Promote products or services from other companies and earn a commission for each sale made through your unique referral link.
- Dropshipping: Partner with a supplier to sell their products without holding any inventory. You only need to market and sell the products, and the supplier will handle the rest.
- Stock Photography: Sell your photos on stock image websites like Shutterstock, iStock, or Adobe Stock. You can earn passive income from royalties.
- Tutoring or Coaching: Offer one-on-one tutoring or coaching services to individuals or businesses. You can use platforms like Zoom or Skype for remote sessions.
- Creating and Selling an Online Plugin or Template: Develop a plugin or template that solves a problem or makes a task easier for others. Sell it on marketplaces like WordPress or Creative Market.
- Influencer Marketing: Build a social media following and partner with brands to promote their products or services. You can earn money through sponsored posts or affiliate marketing.
- Creating a Mobile App or Game: Develop a mobile app or game that solves a problem or provides entertainment. Sell it on app stores and monetize it through in-app purchases or ads.
- Selling E-books or Audiobooks: Write and publish e-books or audiobooks on platforms like Amazon Kindle Direct Publishing or Audible. You can earn passive income from sales.
- Creating a Subscription-Based Service: Offer a subscription-based service that provides exclusive content, tools, or benefits to members. You can use platforms like Patreon or Memberful to manage your subscription model.
Remember, success in any money-making scheme requires dedication, hard work, and a willingness to learn and adapt. It's essential to research your target market, understand your competition, and create a solid business plan before launching any new venture.
Which of these ideas resonates with you, or do you have a different idea in mind? I'm here to help you brainstorm and provide guidance!