5 Legit Ways How to Make Money Online for Free | Summary and Q&A

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September 25, 2019
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Let's Talk Money! with Joseph Hogue, CFA
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5 Legit Ways How to Make Money Online for Free

TL;DR

Learn five ways to make money online for free, including testing websites and apps, setting up websites for local businesses, organizing virtual conferences, using Amazon's Mechanical Turk, and transcribing audio and video recordings.

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Key Insights

  • 😀 Testing websites and apps can be a simple and lucrative way to make money online, earning up to $20 per hour.
  • 😫 Setting up websites for local businesses offers multiple income streams and requires no technical skills.
  • 👻 Organizing virtual conferences can be a profitable venture by hosting video sessions, engaging participants, and offering resource bundles.
  • 😘 Amazon's Mechanical Turk provides opportunities for quick tasks, albeit at lower rates.

Transcript

If you’re looking for ideas on how to make money online, you’re in the right place. I’ve found five ways to make money that will not only start to cash flow fast but you can get started absolutely free. In this video, I’ll show you exactly how to start and how much you can make. We’re talking making money online today on Let’s Talk Money! Beat debt... Read More

Questions & Answers

Q: How much can I earn by testing websites and apps through UserTesting and WhatUsersDo?

UserTesting pays $10 for every 20-minute video you complete, which can amount to around $20 per hour. WhatUsersDo pays $5 per test, which takes 10-15 minutes.

Q: Do I need technical skills to set up websites for local businesses?

No, setting up websites for local businesses does not require technical skills. You can outsource the technical work or use a simple blog setup. The focus is on offering services like website management, content creation, and social media outreach.

Q: What are virtual conferences, and how can I organize them to make money?

Virtual conferences are online events where experts share their ideas, and attendees can network. You can organize virtual conferences by hosting video sessions, creating a forum or social media group for networking, and offering resource bundles. These conferences can generate income through sponsorships and ongoing sales of recorded sessions and resources.

Q: How much can I earn through Amazon's Mechanical Turk?

Mechanical Turk tasks pay fairly low rates, similar to online surveys. While it won't make you rich, it can provide extra cash. Most tasks take less than five minutes, and you can earn around $5 an hour.

Summary & Key Takeaways

  • The content discusses five ways to make money online without any upfront investment.

  • The first method involves testing websites and apps through sites like UserTesting and WhatUsersDo, which pay around $20 per hour for completing tasks and providing feedback.

  • The second method suggests setting up websites for local businesses and offering additional services like social media management, content creation, and training courses.

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