How can you earn $1,000 per day?
Earn $1,000 daily through side hustles that leverage your time or by selling products. Leveraging your time involves doing work once, but continuing to get paid. Examples include blogging, YouTubing, and owning websites. Alternatively, you can sell products through Amazon or eBay, Ecommerce, dropshipping, or digital download.
You can also work multiple side hustles as a way to make multiple streams of income. These streams can add up to a larger sum.
The best ways to earn $1,000 per day include:
- YouTube channel
- Blogging
- Selling on Amazon or eBay
- Own or build websites
- Ecommerce
- Dropshipping
- Sell digital products
- Email marketing
- Online influencer
- Dividend stocks
- Virtual assistant
- Sponsored content
- Cash secured Puts
- Covered Calls
- Real Estate Investment Trusts
- Covered Call ETFs
- Affiliate marketing
- Flipping domain names
- Renting your spare rooms
- Renting your car
- Fiverr gigs
- Data entry positions
- Selling other people’s stuff
- Sell clothing
- Sell on Etsy
- Twitch streaming
- Selling photos online
- Copywriting
- Podcasting
- Sell ebooks
- Print on Demand
- Software as a Service
- Cam modeling
- Sell pictures of yourself
- Real estate crowdfunding
- Freelance writing
- Freelance editing
- Freelance graphic design
- Buying a business
- Social media marketing
- Social media management
Imagine, earning $1,000 per day from a side hustle you started years ago. Who needs a full-time job when you make that much money?
It is possible to earn $1,000 daily, but you must build up to that point. You don’t start earning $1,000 per day before you make $100 per day.
Luckily for you, I will show you some proven strategies for making $1k daily. All you need to do is pick a system and stay consistent with it. You can work your way up to $1k days with enough consistency!
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How to earn $1,000 per day
To make $1,000 per day, you need to stop exchanging time for money. Instead, you need to find a way to separate your earnings from time. You can either leverage your time by performing work that continues to pay you or sell products.
To leverage your time, you need to find work that will continually pay you once the work is complete. For example, creating a digital download that sells 20 copies per month at $5 per copy. The one download makes you $100 per month and frees your time to make more digital downloads.
Alternatively, you can sell products that people are willing to buy. For example, you find a household cleaner that’s 40% off in-store which you can resell on eBay for full price. There is no limit to how many products you can sell per day. However, there is a limit to the number of hours you can work in a day.
Your strategy should be to find a way to keep making money from work you’ve already done. As you make money, invest that money into assets which keep paying you, like dividend stocks.
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#1 YouTube
YouTubers can make money by creating awesome content centered around a niche. A niche is any topic of interest that people would be interested in. You make money by producing videos and earning ad revenue or selling products and sponsorships.
At first, you’ll want to start producing high-quality content on YouTube. Eventually, you’ll reach the requirements to apply for Google Adsense. Google Adsense will allow you to place ads on your videos and make money.
Your earnings will be horrible when you first start monetizing with ad revenue. However, as your viewership increases, so do your ad earnings. Eventually, you could be earning hundreds or thousands of dollars in ad earnings.
Alternatively, you can monetize your YouTube channel through product sales or sponsorships. Some creators will design T-shirts or merchandise and sell them to their audience. Other creators will reach out to companies and mention their products in videos for cash.
Recommended Resource
Channel Makers (YouTube) will help you learn how to make YouTube videos and grow your channel.
Here’s an example video from Channel Makers which shows you how to go from $0 to $4,000 per month with a YouTube channel.
#2 Blogging
Blogging is very similar to creating content for YouTube, but you’re writing content instead. You pick a niche and create content people would be searching for. Most bloggers start monetizing through ad revenue and then earn money through sponsorships or affiliate marketing.
The hardest part about earning money through blogging is website traffic. To earn money, you will need visitors to your website. Therefore, every blogger should learn the basics of search engine optimization (SEO).
Through SEO, you can get an article to rank on the front page of Google. One article might bring in 1,000 website visitors per month, depending on the topic.
Most bloggers can make $15 per every thousand visitors their website earns. Therefore, one blog post could earn you $15 every single month!
Your goal as a blogger is to get as many articles ranking for popular search terms as possible. What if you had 100 articles bringing in an average of 500 pageviews per month? You would be earning $750 per month without having to do anything else!
Bloggers can boost their income with affiliate marketing or sponsored posts. Affiliate marketing gives you a commission for referring sales to a product. Sponsored posts are blog posts that a company pays you to write.
Recommended Resource
Income School (YouTube) shows individuals how to grow blogs from $0 to a full-time income in 24 months. Here’s a video from Ricky talking about how to achieve a full-time income through blogging.
#3 Selling on Amazon or eBay
Selling products on Amazon or eBay is a good way to make money if you have the time to source products. There are many different ways to source products, but you’re finding products you can resell for profit. You list the products you find on Amazon or eBay, which take care of finding customers for you.
Some Amazon sellers shop in local stores and check clearance items. Using the Amazon seller scanning app, they check the barcodes for profitability. The profit depends on many factors including sale price, cost of goods, Amazon fees, and shipping.
After you’ve found products, you can send them to Amazon’s warehouse with Amazon FBA. Whenever the product sells, Amazon ships it to your customer. Amazon handles all of the logistics and deposits your money into your bank account.
Your Amazon store will start small. However, you will get better at selling things and buying more products to list. Eventually, you will start having $1,000 days if you get the hang of selling online.
#4 Own or build websites
You can purchase passive income websites as part of your $1k per day strategy. Website creators build and sell websites every day on sites like Flippa.com. These websites range from Ecommerce, dropshipping, blogs, and more.
#5 Ecommerce store
You can start an eCommerce store and sell products from your website. As an Ecommerce website, you will need to source, sell, and ship products to customers. Ecommerce stores can sell one or many products depending on their business goals.
For example, one Ecommerce store might choose to sell a private-label product. Private-label means someone else manufactures the product, but you put your label on the packaging.
Protein powder is a good example of Private-label. You provide the manufacturer with your label design, and they can ship the product to your customer or your house.
Alternatively, you could start a kitchen Ecommerce store. You might attend a trade show and see if any wholesalers will supply you with products at a wholesale discount.
Ecommerce can be a tricky business to be in because of the complexity. Finding products to sell is hard, but you must also find customers, ship products, and have customer support. Each task is difficult to do and may require a team.
#6 Dropshipping
Dropshippers find products at one marketplace and list them for sale at a different marketplace for a higher price. Whenever the item sells, the dropshipper fills the order from the first marketplace and sends it directly to the customer. The dropshipper never has to see the product.
For example, you might find a product at Home Depot online selling for $5. The same product might sell on Amazon for $8, so you list it without having it. The item sells and you buy the item from Home Depot, but with your customer’s information.
You pocket $3, minus shipping and listing fees in this example.
#7 Sell digital products
Digital products are good to create and sell because they don’t cost anything to make. You can make a product from home with your iPhone or computer and keep the profits.
For example, you might be a personal trainer who helps people lose weight at your day job. You can take that same knowledge and create a weight loss course. The product you create sells for $40, which is considered inexpensive for a weight loss program.
The only problem is you need to know how to sell the product once it’s made. You also need to make sure it’s a product people are going to want.
#8 Email funnel marketing
Email marketing can be a good way to earn $1,000 per day or to make money on demand. With email marketing, you are setting up a passive sales system to sell products through email. You need an email marketing service like MailerLite or Mailchimp and be willing to write consistent emails.
At first, you’ll want to pick a niche or a specific topic you like to write about. You can write about making money, weight loss, sports, or any other topic people love or need help with.
Let’s assume you’re interested in weight loss email marketing.
Your first task is to write an email course that helps people with weight loss. Typically, the course is emailed over seven days to people who sign up for the course. You’ll typically send an offer or something people can buy at the end of the seven days.
When done right, you’ll be able to drive traffic to the email course signup page and convert people into sales.
After people complete the course, they are added to a separate email list for your weekly newsletter. This newsletter keeps providing valuable information and keeps your email list ‘warm’ for your next offer.
You can then create more courses after you’ve figured out how to make the first course successful. For example, the first course might be on the keto diet and the second on weight loss for busy adults.
#9 Become an influencer
Influencers make money by building a social media following and then selling products, sponsorships, or showing ads. The more followers you have on social media, the easier it will be for you to make money.
For example, you could build a YouTube channel or Instagram account. You can monetize YouTube by showing ads, selling your or other people’s products, or getting sponsored by companies. Instagram can be monetized through sponsorships or by selling products.
#10 Invest in dividend stocks
Dividend stocks are good investments for turning your active income into passive income. The goal is to turn the money you earn into recurring income by purchasing income-producing assets.
For example, you could purchase a dividend stock with a 7% dividend yield. Assuming you buy $5,000 worth of this stock, you’d make $350 per year passively.
All you’re doing is buying income when you purchase dividend stocks. You need to have active or earned income in order to buy income. Therefore, having a side hustle or large income is beneficial for building passive income streams.
#11 Virtual Assistant
As a virtual assistant, you’ll perform various administrative tasks for businesses. Examples of tasks may include sending emails, data entry, scheduling appointments, managing content or social media accounts. It’s difficult to classify all tasks you’ll perform as a VA because the role depends on the needs of the business.
Most virtual assistant jobs can be done remotely in your spare time. The great thing about VA jobs is the flexibility to work your own schedule, depending on the companies you work with.
The average pay is $16.44 per hour, so this side hustle won’t net you $1k in a day. However, it can be used with other side hustles to reach your $1k per day goal.
For more information on where to find VA jobs, consider checking out Grant Sabatier’s guide on becoming a virtual assistant. The guide walks you through needed skillsets, how to start your first VA job, and where to find work.
#12 Create sponsored content
Companies are also willing to pay you money to create sponsored content. However, sponsored content only works if you have a fairly large audience. The larger your audience is, the more money you can make selling sponsored content.
For example, you might get brand deals that pay $1 per thousand followers. Your Twitter account has 10,000 followers, so you can send out a sponsored tweet and earn $10. However, you’d make even more money with 100,000 followers, earning $100 per sponsored tweet.
Not only does follower count matter, but it’s also important to build your audience around a specific interest. Brands will pay you more money if you have a highly-targeted audience.
Therefore, you don’t want 10% of your audience interested in finance, 20% in stay-at-home mom life, etc. Instead, you should build an audience focused 100% on something specific, like finance.
You can strike brand deals on websites like Izea. Izea connects influencers with brands so that you can monetize your hard work.
#13 Sell Cash Secured Puts
If you have enough money for 100 shares of a company, you can sell cash secured Puts and earn income. Selling a Put is an options contract where you agree to buy a stock at a predetermined price (the strike price) within a set timeframe if the stock price falls to the strike price.
Sound confusing? I’ll clear it up, but cash-secured Puts are a great way to earn extra money in the stock market for stocks you would want to buy anyways.
Let’s look at a hypothetical example.
Let’s say your favorite stock is trading at $100 per share. Before you could buy a cash-secured Put, you’d need enough cash for 100 shares or $10,000.
On Monday, you sell a Put with a strike price of $98 with an expiry date of Friday. Therefore, if the price falls to $98 or lower by the close of the market Friday, you’re buying 100 shares of the stock at $98, for a total of $9,800.
The main risk of a cash-secured Put is that the stock price drops below $98. In this example, the price could drop to $90 but you’re now obligated to buy the stock at $98 per share.
In exchange for this risk, you collect a premium of $1.15 per share or $115. You get to keep the premium regardless of whether the share price hits the strike price. The premium you collect will vary depending on market conditions when you sell the Put.
#14 Sell Covered Calls
Selling covered calls are the opposite of selling cash-secured puts. In this instance, you own 100 shares of a stock and agree to sell the shares at a predetermined price within a set timeframe if the stock rises to the strike price.
Going back to our example, you buy 100 shares at $100 each, for a total of $10,000. You sell a covered call on Monday with a strike price of $102 with an expiry date of Friday. You’re obligated to sell your shares at $102 each ($10,200 total) if the price rises above the strike price.
The main downside to selling covered calls is losing out on capital gains above the strike price. Should the stock price hit $105 per share, you’re still selling for $102 per share. Therefore, you’re missing out on $300 worth of gains.
Selling covered calls is an easy way to generate extra cash without doing a lot. You can sell weekly covered calls and earn extra income within five minutes from your smartphone.
#15 Invest in Real Estate Investment Trusts (REITs)
A Real Estate Investment Trust (REIT) is a company that invests in real estate. REITs are required to pay out 90% or more of their taxable profits back to investors. Therefore, investing in REITs is a good option for long-term income.
For example, Realty Income Corp ($O) is currently trading at $65 per share and pays a 4.5% dividend at the time of writing. Therefore, having $10,000 invested in Realty Income would pay you $450 yearly.
#16 Invest in Covered Call ETFs
Covered Call exchange-traded funds sell covered calls against an index fund to generate income. As a result, you can generate higher than normal yields (more income) than investing in typical dividend stocks or REITs. The main downside is covered call ETFs don’t have much share price growth which is the tradeoff for higher income.
QYLD, XYLD, and RYLD are all examples of covered call exchange-traded funds. They can be purchased similarly to stocks and pay around a 10% yield. Therefore, $100k invested in a covered call ETF could pay around $10k in annual income.
As an alternative, 50/50 covered call ETFs exist. QYLG and XYLG invest 50% of the funds in the underlying index and sell covered calls with the other 50%. Therefore, you get a more balanced investment between growth and income.
#17 Affiliate marketing
Affiliate marketing involves selling other people’s products in exchange for a commission. It’s a good side hustle if you don’t have a lot of money but have an audience and an internet connection.
The basics of affiliate marketing include:
- Choose one of the many online platforms to promote offers on (e.g., social media, email, websites)
- Start building an audience around a topic of interest
- Perform market research to understand your audience’s pain points
- Find an affiliate offer that solves your audience’s problems
- Promote your offer
A couple of things to note about affiliate marketing:
- YouTube is one of the best places to promote affiliate offers
- Most Affiliate marketers earn less than $100,000 per year
- Affiliate networks, like ShareASale, are the easiest places for beginners to find affiliate products
Does affiliate marketing sound interesting to you? I put together a guide on earning with affiliate marketing. You can also check out this guide for those without a website but who want to start affiliate marketing.
#18 Flip domain names
If you’ve ever started your own website, you’ll know that getting a good domain name is difficult. Therefore, you can make good money if you buy a domain name cheaply and sell it for profit.
Most domain flippers earn between $1,000 and $8,000 per year. However, once you hit your stride, you can earn between $30,000 and $100,000 per year.
Matthew Woodward has a five-step process for domain flipping in this article. The basic process for flipping domains includes the following:
- Find a quality domain name
- Make sure the domain is worth buying
- Buy and register the domain
- Find a buyer
- Sell the domain
Domain flipping can be challenging for a lot of people. It’s an online business that requires much technical knowledge, but YouTube is the best place to learn.
#19 Rent your spare room
One of the best options for making a large sum of money is renting a spare room in your house.
In one example, Sasha earned almost $44 per day. That’s about $16,000 per year for a shared living space.
Now renting a single room in your home is only the start of making money through property rentals. Eventually, you can expand into owning a single-family home. Owning a single-family home can significantly increase your daily income.
#20 Rent your car
Companies like Turo are the Airbnb of car rentals. As long as you have a car that meets requirements, you can rent your car out for fast money. As you can imagine, you’ll need good insurance to protect your finances and property.
Turo has an online car rental calculator which tells you your expected earnings for renting out your car.
#21 Complete Fiverr gigs
You won’t make $1,000 daily selling Fiverr gigs, but it can help you earn extra money in combination with other side hustles. Fiverr is a marketplace for freelancers, but the draw is you’re offering a service for $5. The real key to earning money through Fiverr is to upsell your services.
For example, a freelance writer might offer to write 100 words for $5. However, they’ll also sell 500 words for $25 and 1,000 words for $50.
If interested in Fiverr, consider checking out how to selling on Fiverr. We talk about setting up your account, the fees, and increasing your revenue and chances of success.
#22 Get a Data Entry job
Data entry jobs won’t make you $1,000 per day, but they are an easy side hustle without requiring a lot of technical skills. Most data entry jobs earn around $15 per hour, which isn’t a bad hourly rate if you want to make additional income.
Workathomesavvy.com put together a list of data entry companies, so you can find work without spending a lot of time. Some of the companies include:
- Capital Typing
- Axion
- Clickworker
#23 Sell other people’s unused items
Thrift stores have made a living by selling other people’s unwanted items.
There are many ways to make money flipping other people’s stuff, including:
- Going to a yard sale and listing items on Craigslist or Facebook Marketplace
- Partner with moving companies to help find clients. Offer to buy anything not going in the move for one discounted price. Turn around and sell those items on eBay, Mercari, Poshmark, Craigslist, or Facebook Marketplace.
This can be a great option for anyone wanting their own business and are not afraid of getting their hands dirty.
#24 Advertise and Sell clothing
You can make money advertising clothing by:
- Getting a brand deal through a company like Izea
- Selling someone else’s clothing for a commission (Search ShareASale)
- Flipping clothes from garage sales and thrift shops for profit online
Each strategy has its own challenges. For example, partnering with brands and selling someone else’s clothes will usually require you to have a following on social media or your own website. Flipping clothes is easier because you can find clothes, take a few pictures, and list them for sale online.
Luckily, I put together a guide on how to advertise clothing. You can also check out this guide for making money on Poshmark.
#25 Sell on Etsy
Etsy is a great place to have a side job if you’re crafty. It’s one of the best online marketplaces for selling crafted goods. Most Etsy sellers make around $3,000 per year, but most do not pursue Etsy as a main income stream.
In this article by Growingyourcraft.com, they outline 20 tips for becoming a successful Etsy seller. The guide focuses on tips such as:
- Getting found by the Etsy search engine through optimization
- Branding yourself
- Getting repeat customers through email lists
- Writing product descriptions that convert
- Creating a solid customer service
Check out the guide if selling on Etsy is an excellent way to make more money. Most people don’t make money on Etsy because of a lack of consistency, but it’s easier to be consistent when you have results. Therefore, make sure you have a good plan before starting your own Etsy shop.
#26 Become a Twitch Streamer
Top gamers can earn a full-time income by being a professional gamer. In fact, Streamscheme.com reports the following incomes for Twitch streamers without factoring in brand sponsorships:
- Top 100 streamers earn at least $32k per month
- Top 1,000 streamers earn at least $7k per month
- Top 10,000 streamers earn around $900 per month
So yes, despite what your parent’s told you, there is real money to be made by playing video games. Keep in mind you have to be really good at video games and entertaining to become a top streamer.
Twitch is the best platform for gamers to make money. Different ways you can make money as a Twitch streamer include:
- Donations – individuals can donate to your channel
- Merchandise – gamers who have branded themselves with a large audience can sell their own merch
- Brand Deals – partner with major companies to promote their product and get paid
Twitch affiliates can also earn income through Subscriptions, game sales, and Twitch currency called ‘Bits.’
#27 Sell photos online
Stock photography websites will pay you for your photos. Typically, you’ll earn money anytime someone wants to buy your photos. Examples of stock photography websites that will pay for photos include:
- Adobe Stock
- Shutterstock
- Crestock
- 500px
You can find more places to sell photos in this guide by Enviragallery.com.
Expected pay ranges from $0.02 to $0.25 per image per month. Stocksy is the website that will pay you the most for your photos, followed by Alamy.
#28 Freelance Copywriting
Copywriting is an extremely profitable business model for those with the skill to write sales copy.
Typical copywriter hourly rates include:
- $67 per hour as a beginner
- $237 per hour as a full-time copywriter with at least two years of experience
- $298 per hour as an experienced copywriter with over ten years of experience
So if you get two years of experience and the right clientele, you could work 5 hours daily and earn more than $1,000 daily.
#29 Podcasting
Podcasting is a great way to make money by discussing something you’re passionate about.
For example, I’m very passionate about personal finance. I could start a podcast that covers:
- Reaching financial freedom
- Ways to make quick money
- Avoiding get-rich-quick schemes
- Interviewing local businesses
You can also create video content with your podcast and upload the videos to YouTube. Now you can make money from your podcast through sponsored content, selling merchandise, etc., and get ad revenue from YouTube.
#30 Create and Sell ebooks
You can make a couple of hundred dollars monthly selling ebooks for $2.99 on Amazon Kindle. Most ebooks are between 10,000 and 15,000 words.
The best part about selling Kindle ebooks is that it doesn’t require a large amount of money to get started. Instead, you can start investing your time until you earn enough to hire writers to scale your business.
Check out this guide to see how Chris Guthrie makes nearly $400 per month selling on Kindle.
#31 Sell Print-on-Demand
Print-on-demand companies will print your images onto merchandise and ship them to your customers. They only print and send when you sell. Therefore, your job is to make a sale, and the print-on-demand shop takes care of the rest.
Examples of print-on-demand shops include:
- Printify
- Printiful
Both websites are a good fit for anyone looking to start their own merchandise business.
#32 Create and sell Software as a Service (SaaS)
You can make a lot of money in a single day with Software as a Service (SaaS). The main downside is that creating software either requires technical knowledge or hiring a professional to develop the software.
For example, you create software that helps small business owners make more money. You charge $50 per month for the software. Assuming you get 1,000 people to use your software, you’d be making $50k per month.
#33 Become a Cam model
Cam models are able to earn a full-time salary while working part-time. Most cam models earn money through live shows to a large audience or via private shows, which are more one-on-one. Average cam model earnings range from $3k to $10k per month.
Please see this guide to see the equipment needed, the best websites to get started, and estimate how much money you can earn.
#34 Sell pictures of yourself
Selling pictures of yourself online is similar to cam modeling, but with still photos instead of video.
At a minimum, you’ll need a camera or smartphone, good lighting, and a place to take photos. It would also be best if you had a large social media presence and photo editing software, but it’s not required.
If selling pictures of yourself sounds like a good idea, check out our guide for selling pictures of yourself.
#35 Invest in real estate crowdfunding
Real estate crowdfunding allows you to invest in large real estate projects like apartment buildings. These companies pool money from multiple investors to fund the projects.
Real estate crowdfunding companies include:
- Fundrise
- Crowdstreet
- Yieldstreet
Investing in real estate crowdfunding is a good way to diversify your investments outside of the stock market.
#36 Freelance writing
As a freelance writer, you’ll earn money by writing content. Most freelance writing comes from blog posts, but you can also write other content like email lists.
Typical ways freelance writers charge include:
- by word
- by hour
- by project
Most beginners in freelance writing can charge around $0.10 per word. Therefore, writing a 1,000-word article would net you $100.
However, as your experience grows, so does your freelancer rate. Experienced freelance writers may even charge as much as $1 per word.
#37 Freelance editing
An alternative to freelance writing is freelance editing. Most online content creators hire freelance writers, but the work usually doesn’t come back ready for publishing. Instead, content creators need editors who can bring the content up to their standards and make the content ready to publish.
#38 Freelance graphic design
Graphic design is another in-demand skill needed by online content creators. You can find potential clients on websites like:
- Upwork
- Fiverr
- PeoplePerHour
- 99Designs
You can also partner with local small businesses and advertising agencies that may need a freelance graphic designer.
#39 Buy a business
One of the easiest ways to start making money is to buy an existing profitable business. Companies like BizBuySell are online marketplaces where people buy and sell businesses. Often, these purchases will qualify for small business administration (SBA) loans.
You can purchase online businesses from websites like Flippa or Empire Flippers.
#40 Social media marketing
Growing an audience on social media is a valuable skill set. Not only can you turn your followers into paying customers, but you can do it from your smartphone. Once you have a targeted audience, you can monetize your followers through affiliate marketing and sponsorships.
#41 Social media management
Knowing how to grow a social media account can also land you a paid gig. Companies need experienced individuals who can grow followers so the business can monetize the account. Social media managers typically earn around $53k per year.
Here’s a guide from reliablesoft.net on how to start making money as a social media manager.
Summary: How to earn $1,000 per day with little money
As you can see, there are many ways to earn $1,000 daily. Earning $1,000 per day doesn’t happen overnight but slowly through consistent work. Your goal should be to work towards increasing your active income and then invest in income-producing assets.
You will most likely need to leverage your time for money or sell products. Think of performing work where you can keep getting paid after you’ve done the work. Alternatively, sell products people are interested in for quick cash.
Some of the best ways to work toward $1k per day include blogging, YouTubing, Selling on Amazon or eBay, websites, ecommerce, dropshipping, digital products, email marketing, influencing, and investing.
You can also stack different side hustles to generate multiple streams of income. These income streams can gradually earn up to earning $1,000 per day.