As more and more jobs are becoming obsolete there has never been such a huge demand from people to work from home. This has become more important for people who retire voluntarily or involuntary.
However, the Internet has a flock of scammers which makes it hard for any person to make a proper living. This is why today I will be showing you how to make money after you retire.
The opportunities I will be showing you today I those I have been doing which have worked well for me and hopefully for you if you are determined.
Some I am still doing while others I used to do before.
Before we start you may be interested in checking my #1 recommendation for making money online.
The best ways to make money
The best to make money or a living is to focus online in this century going forward. This is because we are living in a digital world and that is where the world is going.
I am not saying any offline ventures will not make you money, however I am saying there are less opportunities there.
Here are the main reason online is where you should focus on:
- Online ventures are cheap to start
With so many opportunities online you will see that most venture will cost you less than $100 to star off and build a successful business.
- Online ventures are accessible
If you consider the fact that anyone has easy access to the internet all over the world this makes online the best choice.
- Online venture do not need offices
Gone are the days of having to rent an office which comes with many complications like costs. Now you can earn digitally without any office.
In fact that is why so many teenagers are making money online so easily and become super rich.
- Online ventures are generally less risky
Starting an online business with $100 is less risky than starting a business which will require you to do stock taking to protect you products and the likes.
Now that you see the advantages of starting and online business now let us look at the ventures that are best to start and which work well if you work hard.
And relax I will not take about surveys. I am talking about ways which will give you true financial freedom.
1. Affiliate marketing
Affiliate marketing is one of the best and easiest ways to start making money online. This is because with affiliate marketing you don’t need any products.
All you need to do is promote products from many companies and then you get a commission for this.
In fact this is how started my online business.
Basically you find a company which is willing to give you a percentage for every sale that you give them.
Do not work it is super easy to find these companies as they are always looking for people. You can find these companies on what is called affiliate marketing networks which I have listed before:
of course there are more affiliate networks but remember I am showing you the ones which worked very well for me in my online business.
The start of cost for affiliate marketing is very little and it could be from $5-$100.
Even though it is an easy way to start making money online I would recommend getting proper training which will help you understand everything quickly so you start making you sale.
Although there are many programs which will help you get started I found that Wealthy Affiliate was the best since it was the cheapest (as you can get started for free) and yet more helpful.
This is the company which helped me get started making money online. Here are other options you can look into which I have tried before:
- Affilorama
- Superaffiliate jet setter
- Internet income intensive
2. YouTube
Most people think that YouTube is hard to make an income because it seems to be very crowded.
Although this is true, however if you approach it in a unique way you can make a huge killing.
With YouTube, Just like in any business, you need a few techniques to focus on to be successful. You can even use the platform to be a personal trainer.
However, you can be anything with YouTube, heck you can even integrate it with you affiliate marketing business to direct traffic to you website.
Here are a few techniques you will want to focus on in order to make it on YouTube:
- Be consistent
With YouTube for it to be successful you need to treat it like a business and upload consistently. I would say maybe at least once a week.
- Have interesting titles
Another great one to make it grow is to have topics which spark the watchers interested.
For example a topic like “SECRETS OF BEING A TOP GOLFER” is way more intriguing then something like “LEARNING GOLF AS A BEGINNER”.
- Have comments on you videos and give love for commentors.
In order for YouTube to like you need to have comments on you posts and then give good engagement and also love their comments.
Trade online
Another great way to make money is trading online either stocks, cryptocurrency or Forex.
The good thing with these is that you can start with as little money as you want and grow it to a substantial amount.
Due to the low barriers of entry this century has provided it is no wonder why it has become one of the best ways to make money online.
Having said this trading has one of the highest risks online as you can lose all you money.
This is why I recommend getting educated before trading you money online.
Final thoughts
Making money after retirement is what most people are looking for now. The best way to make money is to focus on online ventures.
Online has many advantages like starting you business cheaply and in some cases with no money like with affiliate marketing and YouTube.
The best ways of make money which I have used which work well for me were the following:
- Affiliate marketing
- Trading
With all the options I presented for making money online the best way to make this happen is get educated first so you can be able to know and make money.
If you want to get training for free I would recommend Wealthy Affiliate a community that helped me earn online.
I hope you enjoyed this article and I hope you benefited from it. If you have any questions or comments to add you can leave them below.
Very informative and it is apparent that you have done much research on several companies that will help in making a good decision on how to to do well in the Online Marketing world.
Thank you for all of this information and guidance in all of these different areas.
Hey Rick
I am happy to hear that you enjoyed the article. Yes I can do this because I have joined all of the companies before so it is easier to talk about these companies
I think affiliate marketing and other forms of online busienss are actually perfect for many seniors that have retired from the work force.
These people often have incredible amounts of acquired knowledge in the the field or fields they’ve worked in. These days most seniors are also very proficient with using computers.
I think one important thing for retirees to know is that you don’t have to have any special computer skills to succeed in online business.
If you are a relatively proficient writer on a keyboard or comfrotable in front of camera, it’s very easy to get started. Even if you don’t have either of those skills, they are very easy to learn so don’t get discouraged.
Thanks for the read!
Hey jukka
Thank you very much for your contribution. Yes seeing that it is so easy to start and online business this presents more opportunities for them.
Yes retirees have the best skills to offer people in their filed.
I know this because when I had a corporate job they were the ones who used to give us a lot of advice.
I like your honest and refreshing approach to providing real information on this topic. I could have used this information years ago! But no, I had to come to my own conclusions regarding all the scams out there.
Still, this information may help many, many others looking for work online.
I like it that you did not talk about surveys… oh my, I’ve tried those, and there is nothing good about them! I appreciate too that you state very plainly that work is required to make any money. It really doesn’t matter if it’s offline or online… hard work is necessary to succeed.
And that it will take time, as well. Anyone looking to work online would find your information useful… thanks so much for such a useful article!
Great to hear you enjoyed my article.
Yes I am putting down things which have worked well for me and those which I know will make you a lot of money if you focus.
I do not believe in surveys as they are one of the easiest and yet the less income generating venture out there. Not only is it less money but it is time consuming.
I do agree that online ventures are the way to go in the today’s business of enterprise. The model has long changed from the traditional brick and mortar to the low cost, dynamic online world. I see that it however requires disciple and great commitment.
Yes indeed Taiwo
the principles of succeeding in business still exist even though we are now online such as commitment and drive and discipline.
Thanks for sharing these ideas, Thabo! YouTube is a great way to make money as well as affiliate marketing. Combining those two is a great idea. It might take some time to get first followers and decent exposure, but it builds up over time and eventually, you can even make money via YouTube and affiliate marketing. Thanks again!
Glad you liked the article. There are many ways to make money online these days and YouTube is by far the best as it requires consistency over time.
You stoked my fires! My 10 year old son is on my case about helping him to start his own youtube channel. He want s to film himself as he is learning how to do some sick and crazy flips and combos. I’m already part of Wealthy Affiliate, and the Training Program they offer is what convinced me that it is a great investment! So, I have NO EXCUSE for any delays in my own success. For me to not see any results in my online business is only because the guy in the mirror dropped the ball! Eventually, I’ll figure out how to leverage youtube for myself too. In the meantime, as a responsible Dad, I’m afraid of turning my son loose in the Wild-West Electronic Wilderness known as the internet!
Thank you for a GREAT article.
I forgot to clarify… my son likes to jump on a trampoline doing tricks.
Hey Travis
Great feedback. remember we are living in a digital world so the more you let your son understand YouTube the better he can make his future. You can just act as a guide with the information you know.
I have been retired for a few years, the income that you made when working is not always the same when you leave the workforce. Having a side gig that you don’t have to go to every day is a great idea.
Today there are too many people telling everyone that all you have to do is purchase my ready-made program to make thousands of dollars with little to no work. This is not true.
Your information should get some of those in the right direction. Do you think that the average person can learn and apply information to make a supplemental income online without spending additional money on a personal trainer?
John
Hey John
Yes there are no quick rich schemes and I have fell for those long time but I am glad I now have built and online business which took a long time to do.
Yes anyone can make s good income on the side which could end up being full time only if they have the right information and work hard on that information.