Tag Archives: Freelancer

Is Easy Money Still Possible on the Internet?

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With the economy the way it is, more and more people are turning to alternate ways to make money, or try to. Probably the most popular way I hear people trying is selling their stuff on Ebay. Many of these people think that they are not capable of doing anything else so they will not even try other techniques of earning money on the Internet. Others come to the Internet looking for a quick dollar and are quick to scorn others who actually do make money easily. Since they are incapable of making money, the believe that no one can and anyone who claims to do it must be a con artist. If it’s one thing I’ve learned in my over 12 years of earning money on the Internet, it’s that not everyone is cut out for it.

But do legitimate ways still exist to make money on the Internet? Sure, but there are a lot less ways of doing it these days as in days past. Today, you have to more determined, more focus and find the right median to work with. The wise person would be quick to avoid those websites that claim to be able to make your rich overnight. The Internet is full of so called Guru’s who claim to make a living online, most of who are only good salesmen selling worthless Internet Marketing products to unsuspecting newbies. Don’t you get caught up in such a trap!

One legitimate way that I’m seeing more and more people make money online is by writing. The blog explosion that has been happening for the last 5 to 10 years has created a huge demand for online content. There are websites such as The Content Authority, iWriter and Freelancer.com that hire writers all the time. And what’s good about it is you don’t have to be an English Lit major to write for these companies! If you can put a few sentences together and create a paragraph, you have the ability to make money on the Internet as a freelance writer or blog contributor.

Another way that is in its infancy is product marketing research. In a nut shell, this is how it works. A corporation may be wanting to mass market goods or services, but before the spend a lot of money doing it, they want to make sure there is a demand for it first. So they hire a research firm to run the numbers for them. This firm hires individuals like yourself to evaluate the product or service. After you’re evaluation is up, you answer some questions and possibly write a short review on it. You’re paid for your input and the research firm reports back to the corporation its findings from many consumers such as yourself.

Freelance Transcription Service Work

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Transcription services are one of the more common freelancing jobs found online. However, unlike writing, these sort of work is not open to just about anybody. Most transcribers need some sort of certification or accreditation, and that is just to be considered for a job. However, once one can demonstrate their qualifications, finding work should not be too hard. There is a high level of need in both the legal and medical industries, and much of this work can be performed from the comfort of the freelancer’s home. As a result, offering transcription services is a way a freelancer can bring some flexibility to their professional life.

Much of the client base is comprised of large corporations. They normally have a large, accessible database that can be accessed through the internet. Through this sort of online service, transcribers can claim work and upload it to their client once it is completed.

There is also a benefit for the corporation. In the past, they would have to pay full time wages for transcription work, as well as provide office space to their transcriber. Now, a lot of this work can be micro-tasked out for a much cheaper price. Instead of having to pay somebody an hourly wage, the corporation can just pay somebody per task. This brings a lot of efficiency to a business model while cutting expenses drastically.

However, there is one downside to freelance transcription work. Since it’s freelancing, the worker needs to report their income on a quarterly basis. The money coming in is not taxed, and so some of it will have to be saved for each quarterly income report to the IRS. Still, for many transcribers, that is a small price to pay for working at home and working on their own schedule, by their own terms.