By Jurica Dujmovic
JUNE 20, 2014
So the U.S. economy is recovering more slowly than expected. And while things aren’t as good as we thought they’d be, they aren’t that bad either. The main culprit is wages .
While I’m not an economist, and I don’t have a plan to boost the nation’s fortunes, I can share my own experience on how to make money on the Internet. I’m talking legitimate work. And if you’re serious, you can even make a living out of it. Let’s get started.
Can you code, compose music, design or animate? If so, you may have a shot at licensing your work on one of eight Envato Marketplaces.
The website is divided into eight content hubs, but the principle is the same: You register, pass a short test and start uploading your works. After your stuff meets Envato’s quality standards, it’s listed on an appropriate platform for all to see (and hopefully, buy). Envato takes a 75% cut from every sale, or 50% if you decide to offer items exclusively on its marketplaces. The rates are progressive, and if you sell more than $75,000 in total, your rate will climb.
Be patient, though. Although there are people who have made millions of dollars there, it’s not uncommon to have your work rejected multiple times before it finally gets through. And that can take weeks. So be prepared.
I’ve never offered a gig on Fiverr, but I did pay for services there and was very happy with the result.
Maybe you’re not a professional artist or a designer, but that doesn’t mean you can’t make money out of what you know — even if that’s as simple as taking regular photos, or as awesome as impersonating Morgan Freeman.
Everything you offer on Fiverr is called a Gig (capital “G”) and has a starting price of $5 — hence the name. Once you browse a little, you will soon realize how good service rarely totals only $5. Usually, it’s more, as costs pile up for extra Gigs. Here’s an example: You could pay $5 for someone to draw you a sketch, then add $20 more to ink it and another $50 to color it. If you want it done in just one day, you’d have to cough up another $25, for a grand total of $100. Fiverr takes $1 of every $5.
I’ve offered and bought services on Elance for my company and my personal business endeavors.
Elance is one of the world’s largest online workplaces, with more than 2 million companies hiring and 8 million freelancers offering their services worldwide. Elance offers various services, ranging from legal aid and management to data science, marketing and design. With so much to choose from, Elance has become a leading global go-to place to find one-time business flings that could easily turn into full-time business relationships. While it offers many tools that facilitate the exchange, Elance does a very good job of staying away from your pocket. Its fee (8.75%) is added on top of your freelancer’s total, meaning that a client covers all costs.
On Elance, reputation is very important, and you’ll want to leave a good impression on your employer. Fill out your profile, showcase your best work and apply for job offers. If you want to kick it up a notch, you may want to consider purchasing one of its premium freelance memberships. That gives you a chance to apply for more jobs every month, a fully hosted digital portfolio and more.
Although there are many international companies that have a strong presence on Elance, if you do your best and participate, you’ll soon build lasting business relationships that could benefit you for many years to follow.
This is by no means a complete list, so I’m curious to know: Which websites do you use to find work? What are your experiences as a freelancer? Share your answers in the comments field below