5 Business Ideas That Will Help You Make $200 Per Day

1. Acquire proofreading experience as a first step.

Proofreading is an excellent side job for people who enjoy reading and have a keen eye for detail. A huge need exists for proofreading services as a result of the massive amount of digital information that is created every day. Depending on the task, proofreading can earn anywhere from $20 to $100 per hour, with more prestigious assignments bringing in hundreds of dollars.

Proofreaders are frequently hired on a project-by-project basis and are compensated on a project-by-project basis, based on their previous work experience. Work from home websites such as Upwork and Fiverr are excellent places to hunt for proofreading tasks.

Services for the administration of social media profiles.

Due to the fact that more than 70% of Americans use social media on a daily basis, the demand for professional social media managers is greater than it has ever been in the United States. Even though it is critical for businesses to have a strong social media presence in today’s world, most don’t have the time or resources to commit to it. It is at this point that the services of social media managers are required.

All aspects of their social media platforms are under their direct control, from posting and developing content to connecting with followers and responding to comments on their social media channels. The constant supervision of their clients’ social media advertising efforts and cooperation is something that some highly skilled social media managers go to great lengths to accomplish. In the event that you’re addicted to social media sites such as Instagram and Facebook, this can be the profession for you.

In addition to being hired full-time, several social media managers also work with a diverse range of clients at the same time. If you want to do it as a side hustle, you should only take on one or two clients at a time in order to keep the workload manageable. The typical hourly wage for a social media manager ranges between $20 and $50 per hour, depending on experience.

3. Make a digital product that can be sold

Product definition (in a nutshell): Digital products are non-physical commodities that may be sold repeatedly on the internet without the need to restock your inventories with new stock. We’re talking about stuff like subscription/membership websites, software, ebooks, stock images, videos, plans, PDFs, and other such products.

Having a side career that involves selling digital things has the advantage of requiring very little financial investment on the part of the seller. A single ebook can be written and sold a thousand times without incurring any further costs.

Aside from that, unlike with the sale of physical items, there is no requirement to maintain a stock of digital products, which eliminates the need for real facilities or warehouses to keep them, as is the case with the sale of physical goods. As a result, it has become substantially more adaptable than it was before.

4. Grow Your Social Media Followers

Though it may seem difficult at first, after you’ve established a reputable online community, earning money becomes second nature. If you already have some expertise with social media platforms such as Instagram, growing your account to the point where it can be monetized should not be too difficult for you.

It’s as simple as that: choose a niche and consistently publish high-quality material, and your follower count should progressively expand over time. If your social media following has grown to approximately 10,000 individuals, it is possible to approach organizations and corporations about sponsorships and collaboration opportunities.

5. Make a living as a self-employed freelance writer.

As a result, freelance writers are in high demand right now, providing a fantastic opportunity for individuals wishing to enhance their current income stream. There are many other types of freelance writers that may be employed, but I would recommend focussing on content writing or copywriting because both of these sectors are in high demand at the present.

Material writers create attention-grabbing and high-quality material to help businesses reach their marketing objectives. Among other things, this includes blog entries, essays, ebooks, and whitepapers, to name a few examples.

Copies are typically more concerned with the “selling” side of their jobs than they are with the writing itself. They develop visually appealing and persuasive web copy to aid businesses in increasing their product sales. Included are a number of marketing materials such as copy for landing pages and emails as well as several other products.

If they work in a competitive market, experienced freelance copywriters and content providers can earn up to $0.10 per word for their efforts. In other words, you may make $200 for a 2,000-word piece of writing, based on this estimate. Even if you only write one of those per day (believe me, it’s not difficult), if you do it consistently, you will earn an additional $1,400 in your bank account each week. Wow, isn’t that fantastic?