There are several ways one can earn a steady income with just their smartphone in this digital age. A feat once just a dream laughed at is now a reality for many people.
However, with increasingly remote workers coming up to meet the ever-increasing demand, more services required, and more opportunities turning up, if you are yet to monetize the smartphone in your hand, you may seriously want to start reconsidering.
With full-time business models, passive sources of income, and many interactive ways to earn, we are in a digital age where anyone yet to monetize his internet connectivity is living in the past.
Below are some high-paying business models and interactive ways to earn money with just your phone.
Ways To Monetize Your Smartphone
1. Freelancing
Also known as remote working, this method of earning a sustainable income drives you ‘selling yourself’ or, more accurately, your skills to people needing said skills online.
The skills offered could be anything from professional skills to small-scale gigs like sketching. Individuals may do freelancing with the aid of a PC or just their smartphone, pending on the nature of the service you are rendering.
The best part of it all is with the assistance of freelancing sites like Fiverr, Upwork, Freelancer, Picoworker, and many more. You don’t have to search for clients needing your services as they literally come to you.
2. Cryptocurrency Trading
The financial world and the internet can’t help but acknowledge the presence of the world-changing cryptocurrency founded on Blockchain Technology.
Ever since the rise of Bitcoin to an unprecedented height, attaining a record-breaking value no other financial instrument had and thereby making thousands of people millionaires! And that’s just the tip of the iceberg.
With airdrops (practically free money) and the rise of arbitrage using cryptocurrencies, individuals interested in trading and judging financial news and its effects can use crypto.
As with anything trading/business, one must be fully equipped and knowledgeable before expecting huge returns. Else, massive losses are inevitable.
3. Playing Online Games
Certain online casino sites do pay you for playing games like online Roulette and many more. In addition, they usually come with free demo accounts for you to familiarize yourself with the game’s interface.
There are several other games to play on these platforms and they include table/card games like Baccarat, Blackjack, and Poker games. There are slot machines with impressive RTP rates for play on these platforms.
4. Writing and Publishing
Since the Amazon Kindle Direct Publishing (KDP) launch in 2011, thousands of books have been published for free and sold on Amazon by regular people with little knowledge of writing.
The Amazon KDP is a program launched by Amazon to allow upcoming writers to write and publish their books for free and sell them.
The kind of books that authors can publish varies from high-content books like novels to low-content books like children’s story books, art tracing books, coloring books, and no-content books like notebooks and journals.
A variety of Kindle eBooks can also be published and sold to millions of people viewing Amazon.
5. Running Adverts
This work has shown to be a very profitable low/capital and less time-consuming business model. Businesses need a steady flow of customers to thrive and grow.
Where there are no customers, it’s only a matter of time before the industry dies, and this is where you come in. Advertisers are sought and paid by business owners to run ads for them.
This business model doesn’t demand the said ads need to be successful. Your job is to run the given ads for an agreed number of days and get paid.
No capital is needed for this business model, all you require is access to a large number of people online and gain their trust to some degree, and you are good to go.
This is usually the case with those WhatsApp TVs you’ve no doubt seen.
