How to Turn Your Expertise into Lucrative Online Business

If you have valuable knowledge and you get your acts right, the internet can be a pathway to real financial freedom. With it, you can easily transform your side hustle into a lucrative business online, instead of being stuck in a 9-5 job you hate anyways. Fact is, just about everyone is an expert at something. That “something” could be knowledge, a skill or some expertise that can benefit others if you impart it correctly. If you resolve to make a fair amount of money from what you know instead of simply leaving it as a hobby, you can leverage the internet to turn your knowledge/skills into a legitimate source of income. Now, that becomes a business in every sense of the word. Here is what you can do.

Course/Membership Site

You can launch a course or membership site yourself. Through a site like this, you can leverage your knowledge, knowhow or expertise for the benefit of others and you make money. But, you must be ready to provide real value to make your course or membership worth the fees people will be expected to pay for admission. Your paid membership or online course must be able to provide such exclusive content that will be difficult for your course subscribers to find easily anywhere else. Such content must be premium content or such insights that are not readily available to regular site visitors or access to peer-to-peer networking. If your online course is unique and attractive enough, you could set up a series of PPC or social media ads to direct new traffic to your website. With that, you could offer class members a special discount or paid commissions if they refer others to sign-up for same course. That way, it is possible for you to earn passive income from a single piece of content for a long time. That translates into substantial monthly revenue even without any additional input of efforts from you.

Blogging Influencer

What makes an influencer worth its name is the magnitude of following he/she has. Even if the audience builds up from blogging, content marketing, social media, podcasting and YouTube channels, once it becomes substantial, it starts earning revenue. This revenue comes from traffic reselling, paid promotions, sponsorships and affiliate links. As influencers continue to grow their audience, their potential revenue earning capacity grows in tandem. More and better authoritative content from influencers helps to bolster their SEOs by driving more quality traffic to their websites. As a result, the audience grows and the earned revenue grows.

Business Consulting

Expert knowledge and skills matter a lot if you want to make money from business consulting. That is in addition to being able to generate quality results consistently for your clients. If you do, your clients willingly pay you for your efforts. Because business issues may be similar but not exactly the same, your ability to think and apply your knowledge to each unique problem or situation is very vital for success as a consultant. That is what largely determines the magnitude of your earnings. “Here Mister, just help solve this problem and we pay you.” It is as simple as that in business consulting.

Educational Services Jobs to Make Money Online

Online jobs are increasingly becoming quite popular. Millions of people now want to make money online. Not only because of the pandemic restrictions, but also because of the huge moneymaking opportunities the internet now offers. Making money online is at your own pace and convenience too. With a computer and an access to the internet, you can be in business and make money online like everyone else. Among the choicest jobs on the internet right now are educational services jobs. These are jobs anyone with the right qualifications, skills and talent, can take on independently right from the comfort of their homes and offices.

Here are some cool Educational Services jobs you can do online to make money.

Teaching: If you want to be a virtual teacher, there are sites like VIPKid where you can teach languages online over video chat or written lessons. English language is probably in the most demand for obvious reasons, but you can find opportunities for any other languages as well. You can offer your language teaching services to any site that teaches the language you are most fluent and proficient in and you get paid for your services.

Educational Videos: You can skillfully make educational videos and sell courses on such sites that render the services. If you have the requisite knowledge and skills, you can package and sell courses in popular niches on these sites such as coding, crafting and entrepreneurial tips and skills. You can earn some good income from your efforts.

Academic Writing: If you are scholarly, you can earn income from academic writing. On sites like Ultius, you can find opportunities to write academic papers. Apart from your inclinations, you may be required to have a minimum academic qualification of a Bachelor’s degree to get academic writing jobs. It is an added advantage for you if you have previous writing experience that you can reference.

Lifestyle Coaching: You can help other people become their best selves through lifestyle coaching. In modern day living, fitness and self-improvement are very popular niches. With the requisite knowledge and skills, writing books, delivering webinars and offering self-improvement videos for a monthly fee is a great way to make money online. The selling point is a firm promise to help people transform their lives or bodies and you'll get good patronage. 

Tutoring: High school and college students routinely search the internet looking for cheap tutoring services to help them prepare privately for landmark examinations. You can offer your expertise in any subject and teach over video or through written lessons. You can look up Chegg and the Knowledge Roundtable for tutoring jobs that pay well.

Music Teacher: If you have the skills to play any musical instruments like the flute, guitar or piano and others, you can teach it online and earn money. Singing and dancing skills are particularly in very high demand as specific niches.

Travel Guide: Yes, people are always on the move around the world for one reason or another. If you have travel experience, you can make videos or do webinars about great destinations and the cheapest routes to get there. You can write about the uniqueness of Airlines, Hotels, Resorts, Foods, Drinks, Security, Safety and General Hospitality. You can make money from sponsorships and running ads for hospitality and travel businesses.