by Daniel | Last Updated December 26th, 2021
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So today I am going to show you how you can make $100 a day quite easily.
Some of these examples are relatively straightforward and don’t take long to get paid and others take a lot more hard work but have a lot more earning potential.
1.YouTube
So the first way to make money on this list is YouTube!
Youtube is a fantastic way to create an income online, although it does take a lot of hard work, time, and effort before you will see any return.
In order to get monetized, you will need to meet the minimum requirement from YouTube which is currently 1000 Subscribers and 4000 minutes of watch time.
Although this may sound like a lot, the more time and effort you put into your channel the faster you will reach the requirements and therefore – make money sooner.
So for an example of what it actually takes, I have a second YouTube channel that I have built up to over 13,000 subscribers over the past 18 months.
And just by looking at Social Blade, you can see that it averages just over 300,000 views a month and approximately 500 subscribers a month.
Initially, it was very slow and I was only getting 1 or 2 subscribers each week for the first couple of months – and it took me 6 months to reach 1000 subscribers and get monetized which is pretty slow – but after the second 6 months, I got another 9000 subscribers! So it did eventually pick up.
I did get somewhat lucky with an older video that suddenly got millions of views which really helped.
so for the second 7 months after I first got monetized, I made over $2300 which is approximately $335 per month, which is not too bad.
So you really need to be consistent with your efforts and post each week and never stop! and eventually, you will reach 1000 Subscribers and meet the requirements for Youtube so you can finally start earning money.
For my channel which is all about cars, the CPM is quite low.
Now depending on the Niche, you choose can greatly affect the amount of money you can earn.
Some Niches have a very low CPM and won’t pay you much money, so you’ll need a huge amount of views to make a reasonable income (which is like my YouTube channel, the CPM is very low hence the reason I only earned a small amount of money)
If you want to have a higher CPM and make more money I would recommend looking at creating a channel that provides a lot of value and that is focused on niches such as Personal Finance, Insurance, or Real estate.
These Niches tend to have a higher CPM than others.
Now there are quite a few really good Youtube channels that actually go over their earnings in-depth and give you a good idea of what is actually possible, and two channels worth noting are.
Graham Stephan:
https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ
And, Meet Kevin:
https://www.youtube.com/c/MeetKevin
Both of these guys work really hard and make some great content but they also make a substantial amount of money each month from Youtube (over $100k) as they are in a niche that pays a really high CPM.
So depending on what topic you base your channel on, it will greatly affect how much advertisers pay to place ads on your channel.
Also depending on the location where your views come from can have an effect on how much money you can actually make
The best thing you can do Is be consistent with your uploads by uploading at least once a week if not more and don’t stop!
It can be very slow to start with but if you give it time and work really hard you will eventually build an audience and make an income.
2. Affiliate marketing
The next way to make money on this list is Affiliate marketing.
And it is another great way to start earning money online, although it can take quite some time to get everything set up it is possible to earn a lot of money if you put in a lot of time and hard work.
Affiliate marketing is basically marketing someone else’s product and sending customers to their business to make purchases and when they do, you get paid a commission.
Now commissions can vary greatly depending on who you are working with.
For example, if you are promoting Amazon through their affiliate program (amazon associates) you can expect to earn anywhere between 1 and 10% which is really quite low.
Whereas if you wanted to promote a product or service through a website called Clickbank you can earn over 75% commission on certain programs.
So one specific example of a very successful affiliate marketer is a blogger called Michelle Schroeder-Gardner who has a website called Making Sense of Cents
And she details exactly how much money she makes each month from her affiliate marketing efforts, which can be over $100,000 per month!
She even offers a great introductory course in affiliate marketing here.
So there are multiple companies that offer affiliate marketing
Some of which are:
ClickBank
Amazon Affiliate’s
FlexOffers
CJ Affiliates
Rakuten
Avantlink
These are affiliate networks that have a whole list of different affiliate marketing opportunities that you can promote once you have signed up and have been approved by the affiliate company.
Just one thing to note and something I mentioned earlier is that Amazon offers a relatively low commission structure, so if you are promoting certain products you may well find that the actual brand has an affiliate marketing opportunity with one of these affiliate networks that usually offer a higher commission structure than Amazon does.
To find out if companies do offer an affiliate program just go to Google.com and type in the name of the company followed by ‘affiliate program’ and you should be able to find out what companies do offer a payout structure for promoting their products.
3.Turo
Ok, so the next way to make money on this list is a company called Turo.
So Turo is a site where you can basically rent your car to someone and make money!
Think of it as the Airbnb for cars.
https://turo.com/
And it is currently it is offered in multiple countries including the USA.
So It is totally free to list your car and only takes a few minutes to do so.
And best of all you can set your own price (although it would be wise to look at what people are charging for the same car so you can be competitive.
Now once you have rented your car, Turo will take a 25% fee of the total price if you want to use their Damage protection insurance which covers up to $20 million in liability insurance.
If you want to earn a bit more you can opt not to use Turo’s insurance and they will only take a 20% fee.
However, you will need to have commercial rental insurance if you choose this option.
Also if you head over to https://turo.com/us/en/carculator they have a car rental calculator which they call the ‘Carculator” and this basically shows you what you may be able to earn depending on what car you have.
So this is another great way to create a side income if you happen to have a car that is not being used that much.
And it is possible to build a business out of it, I have met a few Turo members who rent out multiple cars on a full-time basis and make a reasonable amount of money from it.
4.Airbnb, VRBO / HomeAway
Ok, so the last way to make money on this list is by renting out an unused spare room in your house or a unit that you either own or have rented by using websites such as Airbnb, VRBO, or Home Away.
And this is a relatively straightforward way to start earning a bit of extra money
So to begin with you can choose to rent either an entire apartment or you can rent a spare room where you are living assuming no one is using it.
And just by renting out a spare room in your apartment, you should be able to make a noticeable amount of money.
Because most people using Airbnb or VRBO are only looking for a short term, The daily rent they pay is substantially higher than that of a normal 6 month or 1-year lease.
So you can choose to do it part-time and just rent out a spare room in your apartment when you feel like helping pay your bills or you can rent out an entire apartment and manage it full time and turn it into a proper paying job.
I’ve met a few Airbnb Superhosts who make a full-time income just from renting out apartments on Airbnb.
So as you can see there are quite a few different ways to start earning $100 a day.
Some of the examples I talked about do take a bit more effort than others but they have a high potential to earn substantially more than just $100 a day.