Are you ready to see how to make money online in 2020? After 8 years as an entrepreneur online with my own business featuring 2+ million followers online and millions in earnings, I am certain you will find this post very helpful for seeing the best ways you can earn on the Internet in 2020 whether you want to serve clients, start from $0, scale up your existing business, make passive income, or do it all! You might enjoy watching the matching video below for the full experience!
For any of these ideas to work, you will need to complete one key step which is to BELIEVE it is possible for YOU to earn more money online in 2020! I remember in 2004 when I wanted to work online BUT I did not BELIEVE it was possible for me to succeed and I was NOT willing to FAIL. It took me 7 years from 2004 to 2011 to get my belief that I could really make money online myself at which point I began to TRY.
You are welcome to join me if you want to work full-time from home as I do with your own business. It’s an awesome lifestyle I have helped thousands of people to succeed at which includes no alarm clocks and total freedom that I have been living since 2012 when I quit my job to pursue my own business even though I had not made a profit yet. You have the opportunity to do this too and improve what you are doing using the 10 ideas on this page!
If you want the best chance for success, jump straight into my highest offering via my partner program for lifetime coaching including 1 on 1 calls, group calls, networking with fellow successful solopreneurs, and access to all my courses and certification programs! I appreciate you sticking with me through the introduction and proudly present you with my top ten ideas for making money online this year!
#10 — Help Someone Else!
Idea number 10 is to go help somebody else make money. For example, you can share this blog post with someone you think it might help or subscribe to my YouTube channel for new videos daily.
You might think, “What? What are you telling me to go help someone else make money and not even think about what am I going to get in return? I’m going to help you make money and then this is going to help me?”
Yes because it helps you with your belief! When you help me or anyone else to make money online, you will have the absolute certain belief that the same is possible for you! If you’re unwilling to help anyone else make money, it’s very difficult to do anything yourself because there’s that underlying belief that no one will help me with this that I have to hustle. I have to struggle because people out there aren’t going to help me. As long as you think like that, everything will be difficult, no success will be good enough, and any opportunity will be missed or wasted.
You achieve true success as I have helping somebody else first without demanding anything in return. Just a simple action can make a big difference to advance on your path. It might be something like your cousin has a business where you talk to him and help him figure out how to do his business better for free. Then as you build your faith and your belief in your ability to make money online then all of these other 9 things have a great chance at working for you.
“Okay” you say. “Give me a good example of what you did to help someone else for free.” My success online got started when I shared the secrets I had used to make my first $10,000+ online totally for free in an open webinar on YouTube which you can see in this video from 2013. While my hope was doing this would get me more clients, the reality is that it destroyed my existing business and gave me a much better one instead. The follow up from that video led me to teaching on Udemy and earning $663K online. The story there is the same. I created several online courses and then GAVE AWAY 100K+ free coupons to those courses which helped me rank high in search results and then make a lot of money.
What helped me really succeed in earning millions of dollars online was giving other people like you the very best I could totally for free over and over again as you can see I am still doing today. You don’t have to give me anything back for this blog post while what you learn here might make you $1,000 or $10,000 or $100,000 or even $1,000,000+. Do a whole lot of this and you can be CERTAIN of success!
Now that we have focused on the critical mindset and activity you need to do, let’s look at some areas that are hot online where you can put this mindset into practice for maximum income!
The key is to look at all of these ideas to see which one you would love to do and you believe you can do it and then pick that out.
#9 — Fiverr.com
I’ve spent thousands of dollars ordering from freelancers on Fiverr and have a full tutorial on Fiverr at https://jerrybanfield.com/fiverr-2019-gig/ along with a recent experiment I tried having girls dance to my songs and a video tutorial below. Fiverr is very good if you’ve got a unique service idea that you can come up with, for example, if you’re in a more general area that you can successfully execute.
There are lots of things you might not even realize you have as skills. For example, did you realize that talking is a skill? You can do voiceovers if you can talk. You can do a translation if you know 2 languages. If you do graphic design, you can do logos. If you can write/edit, you can do articles and blog posts.
There are a ton of different services. Most recently, I paid people hundreds of dollars to listen to my music, dance to it and record a video. The more creative you can be to find something people might want that isn’t available, there are not very many people offering, there’s a better way to offer what is available, the more opportunity you can have on Fiverr.
People made whole businesses on Fiverr starting from nothing. That said, Fiverr can be easy to get banned from if you attempt to take anybody outside of Fiverr. Watch out for that. This is the 8th idea out of the top 10 ideas for making money online in 2020.
I have a complete detailed tutorial going over Fiverr, “Fiverr 2019 Complete Gig Creation Tutorial from Planning to Top Seller!”.
My wife recently made it to $5,000/month online with no expenses after she started out and continues to find clients on Upwork. I’ve also done a very detailed tutorial about Upwork on how to go find jobs. I will give you the abbreviated version of that here. The full version is “Upwork Tutorial 2019! Secrets to Get a Job Without Wasting Time Applying”.
I’ve spent hundreds of thousands of dollars on Upwork hiring freelancers and the freelancers I’ve hired on Upwork have helped me make millions of dollars. Upwork is a marketplace where you can work hourly or you can work on a project basis.
My wife was looking to make money with her skills as an attorney while working at home as a full-time mom. She started looking for legal writing jobs on Upwork and that helped her find her very first clients with a very smart business model that had no expenses.
Thus, there are a ton of opportunities on Upwork not only to look for jobs but also to see what skills are worth learning. You can literally watch video courses and do whatever you see in those courses and learn skills that you can then start accepting clients for on Upwork.
From Upwork, there’s another leap that you can make into finding the clients directly who are on Upwork and this is what my wife has done. She makes a thousand dollars a week off of the 2 things I’m showing you here. This is the 7th idea out of the top 10 ideas for making money online in 2020.
On Upwork, you get an idea of who is hiring for specific types of jobs. Whereas, it can be difficult to find just generally online. My wife realized that law firm marketing companies were consistently hiring for the exact talent she had.
What do you think she did? When she figured out law firm marketing companies needed legal content writers, she went into Google and searched for law firm marketing companies directly and went to hundreds of websites for law firm marketing companies and directly applied there.
Even if they didn’t look like they were hiring, she would send over her resume and her information. She now makes a thousand dollars a week, all from one law firm marketing company that she found after learning on Upwork exactly who was hiring.
#7 — Find Potential Clients with Google Search!
When you combine your knowledge of exactly what you need to search for and experience doing that, you can literally Google an exact type of client and go directly to them via email and get a job that way. For example, my wife as an attorney working on Upwork realized the clients she was working with were law firm marketing companies. When she started Googling “Law Firm Marketing” and finding potential clients herself, she found her #1 job via a law firm marketing company that did not have any presence on Upwork and was not openly hiring. She just sent her resume and they added her to their writing staff!
The more you get an understanding of what you can do to help someone else make money, the easier you will be able to find the exact right person to help! Now that we have the EASIER ways to make money online out of the way, let’s look at some of the more challenging ways to earn which also have higher potential!
#6 — Live Streaming!
I’ve got a ton of tutorials on live streaming. Check out this blog to see how live streaming is growing rapidly and see here my current setup at https://jerrybanfield.com/home-recording-studio-tour-2019/. You can even take my complete course at https://jerrybanfield.com/courses/livestreaming/
You’ll notice that I do a significant portion of my videos just like this. I do them live because I have such an efficient filming process that I don’t even need to edit my videos. I’ve been practicing filming 5000+ videos. I don’t need to edit.
I just literally talk my way through it and live-streaming is a very powerful opportunity because it’s an engaging format. It’s interactive. To me, live streaming is the highest form of media right now. Even higher than things like television and TV.
Live streaming is interactive and there are a ton of ways to make money online in 2020 live streaming, especially if you can creatively come up with something that people are not doing or show that’s entertaining or you’ve got skill or talent. This is the 5th idea out of the top 10 ideas for making money online in 2020.
It could be video games. It could be playing music. I’ve seen people on Twitch literally whip out a guitar, set up a little studio at home and start making thousands of dollars a month from scratch by doing nothing else but inviting their friends to come and watch and then organic discovery.
There’s a massive opportunity to get started live streaming. The main thing you need to do live streaming is an OBS, a decent microphone, and a camera. If you search on my website, I’ve got tutorials up on OBS.
Here’s one called the Free Camtasia tutorial.
OBS is what I’m using to film. This is what you also use to live stream. It’s totally free and all you need is a good microphone like the one I’ve got. If you go to Jerrybanfield.com and click on Resources, I’ve got links to my exact equipment that you can go there.
You just need a good microphone and you need a camera that makes it look good. I’ve got 2 cameras set up. One is a Canon XA11 Professional Camcorder which is like $1000 and I’ve got that after years of doing a lot of videos on the camera.
The secondary camera is Logitech C930e 1080P HD Video Webcam – 90-Degree Extended View, Microsoft Lync 2013 and Skype Certified (As an Amazon affiliate you can use to help me earn a little bit when you purchase via my link). This one is about 100 dollars. It makes a great picture quality!
You need a green screen to make this a nice effect here. I have a painted office green but you can get a green screen and here’s the one I recommend Square Perfect 4037 Professional Quality 10 x 13 Feet Chromakey Green Screen Muslin Backdrop for Photography and Video (As an Amazon affiliate you can use to help me earn a little bit when you purchase via my link).
Live streaming on Facebook, YouTube, Twitch, Mixer & Dlive is a huge opportunity because you can get the highest level relationship with your audience. What’s really difficult with making money online in 2020 is establishing trust and a live stream is one of the fastest ways to establish trust because people can interact with you in real-time, see how you respond and that promotes a lot of trusts.
Thus, I highly suggest doing Live streaming. The number one suggestion for doing successful live-streaming is to use Restream. Check out this tutorial “Restream.io Video Course!”.
I highly recommend using Restream so that you can go on Facebook, YouTube, Twitch, Twitter, Mixer, and Dlive all live at once with about the same effort as to go live to any one place.
The best opportunities in live streaming are to just show up on all the different platforms. Do whatever it is you’re going to do. Whether it’s to play video games, play music, do tutorial videos as I do or a show. Just do that and then you will get discovered in some places more than others on any given day.
For example, right now, Mixer is really hot. I don’t know what just happened with Mixer but I’m getting new followers almost every day on Mixer after having almost nothing happened on Mixer for years. Now, Mixer is hot.
Facebook was really hot a while ago. YouTube goes in and out of being hot and Twitch goes in and out of being hot too. So live stream with Restream and you’ve got a lot of potential to make money online in 2020.
#5 — Masterminds and Mentors!
If I had to start over online, the number one suggestion I would make is to join a mastermind/networking group and/or get a mentor/coach. You can see the best in the world at anything almost always have a coach from professional athletes to actors, presidents, and CEOs. When you really care about your success making money online, does it seem appropriate to just try and figure it out yourself or to learn from others that already have what you want?
Let me give you an example from my personal life. I tried to get sober for years and consistently failed because I liked drinking so much and depended on it to help me feel better. Many people call this condition being an alcoholic. After years of trying to stay sober on my own and trying to drink without causing problems, I finally prayed to God and said I would do anything to stay sober. The thought came to me that “Going to Alcoholics Anonymous would be a PART of the ANYTHING you just offered.”
When I become a member of AA, I suddenly had a huge support group of both peers trying to get sober and a group of mentors that had 5, 10, 20, and 30+ years of HAPPY sobriety where they did not want to drink on a daily basis. The more I connected with feel members of Alcoholics Anonymous, the easier my sobriety got to the point where I have almost six years sober today and I still go to meetings daily. You can read more about AA for beginners here.
As we can see with me trying to get sober, having a group of peers and mentors is invaluable to achieving a desired result. Why then for those of us trying to make money online do we think we can just figure it out ourselves? For those of us that do (as I did), what we find is when we have success, we have no one to ask for help and when we have failure, we have no one to pick us back up.
Unfortunately finding mentors and a mastermind online is difficult. Many of those we would want to learn from do not make it clear or affordable to join their communities and get direct interaction. A lot of the communities we join are full of spam, self promotion, and/or rules that prevent us from making true connections. For example, I joined the Udemy Studio Facebook group (no longer active) when I became an instructor on Udemy and I found invaluable help there in connecting with fellow members. Once I was banned from Udemy, I set out trying to make a group like this which did not require teaching on Udemy and was open to anyone to join who was serious about being successful online.
Fortunately for both of us, I have a mastermind and coaching community that I think is one of the best in the world. Members simply pay a one time fee to join and then get lifetime access to me and each other! We have weekly group calls on Zoom and I am available every day, 7 days a week, for one of my members to talk to me. This group gives me the help I need online and is where I focus my attention in giving back because I expect every member to earn 10x what they invested in membership. You can join us today at https://jerrybanfield.com/partners/ and watch a testimonial from one of our members below!
Here is a quote from the video!
Within 6 months of joining, Jerry paid us $10,000 for graphic design services while giving us an ongoing source of referrals for YouTube coaching to fellow partners!
Whether you join my mastermind and work with me as your coach or you find another one, I highly recommend you find a community and a group of mentors if you want to achieve true success online!
#4 Affiliate Marketing
Affiliate marketing is such a great opportunity I have already done an entire video and a list of the Top 10 Affiliate Marketing Programs for 2020 to Make Passive Income and Recurring Revenue Online.
That said, affiliate marketing needs to be done well to pay. How do I know? Experience. I’ve spread lots of affiliate program links and earned me almost nothing. On others, I have put in very little work and earned great! For example, I just got a commission for $250 off of one affiliate program. I did a video and a matching blog post on my website.
This video and matching blog post here shows you how to get a line of credit for your business. I have a $11,000 line of credit for my business that I haven’t used. A line of credit is like a credit card except it’s a cash advance. They give you cash into your bank account and to me, it’s great just to have it in case of emergencies.
A single person signed up for this and earned me $250. I don’t know who it is that even did it. This is why affiliate marketing is so good and that’s the highest affiliate marketing commission I’ve ever got from a single sale.
Therefore, with affiliate marketing, there are a lot of great opportunities with affiliate marketing and that you can start for free usually. The difficulty with affiliate marketing is that you will generally need to put a lot of time and energy into setting up your foundation. Now, you can do it for free but you may need to test out a lot of different programs and to research and find which one fits.
To me, the best opportunities are figuring out what you’re already using. For example, I have a friend on Facebook. She’s promoting some diet programs. She never mentions the program directly in her posts and what she does is she makes all of her sales directly through messages to her friends. You can see her complete strategy at https://jerrybanfield.com/facebook-affiliate-marketing-2019/
As she doesn’t mention the program, people ask about it and then she is guaranteed to make a sale that way. Whereas, when I just throw out videos all over the place, I miss a lot of sales on people that go directly google something instead of asking me for it.
We’re into some of the very best ideas for making money online and also some of the most challenging generally to set up. You really need a high level of belief to successfully execute these. However, when you do, your results can be absolutely fantastic. Thus, it’s worth it.
#3 — Make YouTube Videos!
Becoming a YouTuber is easier than you think and offers a lot of opportunities to earn! I did an entire video on it below with the matching blog post named How to Make Passive Income Online 2019.
For earning money online, passive income is the gold standard because of the ability to keep earning indefinitely! On YouTube, I get money every month from videos I’ve done years ago. They keep making money indefinitely as long as people are watching them, they keep making money. Not only that, but then I get all kinds of other opportunities off YouTube.
I can sell products, courses, memberships, combined products courses and services all into one membership. You can see all of what I offer today at https://jerrybanfield.com/shop/. YouTube offers the highest potential that I see to start from 0, build a following and earn passive income online. This is the 2nd idea out of the top 10 ideas for making money online in 2020.
There’s a lot that goes into doing a great job on YouTube. I’ve got an entire playlist on how to be successful on YouTube along with a complete YouTube course and certification here. I’ve got a bunch of videos and I’m consistently making more about how to succeed on YouTube in terms of building subscribers and viewers.
Constantly learn, grow, test, and think about how you can make the very best videos for people. My attempt today is to make the very best video for you that’ll have the highest impact on your life and then just repeat it over and over again.
A new video every day, especially if you can combine that with live-streaming. You can do incredible things on YouTube and there are just endless opportunities on YouTube. You can teach something, sell courses and do affiliate marketing.
You can get ad revenue, get clients and you can even if you get crazy like me, I promoted cryptocurrencies. I buy them, promote them and then they’d go up and sell them. That is what you could do.
There are so many things you can do on YouTube. It’s amazing. Thus, YouTube is still an awesome opportunity. I’d say it’s still the best opportunity on social media today. Often the most overlooked opportunity on social media too.
#2 — Teach Online!
One of the best things you can do to make money is teach online. I have a post, Start Teaching on YouTube, Udemy, Skillshare, StackCommerce and Uthena Today that is just massive. It goes through all the equipment, related videos, and my income.
I’ve made millions of dollars in revenue and consistently $10,000 a month in profit since 2015 when I started teaching full-time online. See the full income report here.
I’ve got a ton of resources in this blog post for you. This will tell you exactly how to get started teaching online including the exact equipment to buy, the cheapest equipment, the best quality equipment, cameras, green screens, and screen capture programs. You’ve got it all in this one post.
Teaching online is a really good opportunity, especially when you combine it with these other income methods. I recommend getting your course up on Udemy, Skillshare, StackCommerce, and my platform Uthena. This is the last idea out of the top 10 ideas for making money online in 2020.
Get your course up on all these websites and then what you can do is offer free previews of your course. You can put individual lectures out. You can render into long-format videos and you can use those to sell your video courses.
Ideally, you can sell them on every website. I reckon and the number one mistake I made teaching online was going all-in on one platform and that made me a lot of money initially and then I got an email wiping all of it out and was not well prepared to deal with that.
Thus, I highly recommend setting up a diversified teaching online business where you’re not committed to any one platform. You can upload your courses to all of them.
Make a great course and put it up on Udemy to get it approved. After that, put it up on Skillshare, StackCommerce and then you can get it on Uthena. Put the previews on YouTube and then what you’ve got is the ability to make income indefinitely off of that one course.
There are courses on Udemy that made me hundreds of thousands of dollars. There are others that made me almost nothing. The key is to just set yourself up so you can teach video courses and make tutorials on subjects that are in most demand and then keep doing that.
My goal when I started full-time teaching online was to do 2 videos a day. I’d recommend if you want to replicate this, 1 video a day on YouTube and 2 videos a day on your teaching platforms. Now, you can upload them all at once but it’s better to film on average 2 videos a day.
1 or 2 for videos to be released for free and then 2 to go to the teaching platforms. This will allow you to set up a business that has massive income potential and will help you consistently earn enough to be full-time online.
There’s no reason if you put all these things together. You can get tutorials up on YouTube that get views. Then in the description, you can put a link to the course on Udemy, Skillshare, StackCommerce, and Uthena.
You can make sales on all of those courses plus an ad revenue plus accept clients and do affiliate marketing. All in one single video and you can do that on video after video on Youtube. That’ll help drive your initial sales to get your courses ranked higher and to get you earning some money.
The higher your courses are ranked on Udemy and Skillshare, the more money you can make that they just give you that you don’t even have to do anything for once you lay a decent foundation.
The downside of Udemy and Skillshare, it’s very easy to get either your course hidden, a bad review or to get banned and you have no control. Thus, on Uthena, the reviews aren’t an issue. Getting banned is not an issue and there are 50% lifetime commissions.
You can put your courses directly into bundles. When you sell one of these bundles on Uthena, you get a percentage and if you sell it as an affiliate, you get 50% plus you get a payment for however many courses you have in these bundles.
If you combine that with Udemy, Skillshare, and StackCommerce, then you’re near a certain success in my opinion.
#1 — A Simple Long Term Plan for Success!
You have got a lot of information to process here despite this list not including anything I think is way overcrowded or anything I have not personally had experience with myself such as Amazon FBA. To conclude, let me give you a simple plan of action to move forward!
- Make a vision of what your life will look like when you are making the money you want online. How much will you earn? How many people will you help? What will your day look like? Who will you meet? Why are you doing it all? When are you ready to begin? Really see and feel the emotions of the reality you want to embrace. I do this for anything really important and I consistently see the same results even if it does often take weeks, months, or years of patience to materialize!
- Take action today on making the vision a reality. You can begin with something as simple as further research on my blog and subscribing on my YouTube channel or you take leap into the fast lane by joining my mastermind for lifetime coaching and networking with me!
- Get your own website up with your name as the URL. For the long term, you will need one place you can send everyone. The #2 lesson I have learned in 8 years online (remember #1 is to get a community and a mentor) has been to focus everyone on my website. I learned this the hard way several times by sending users all over the internet only to end up wishing I had just sent them here as I have done today. Our websites online are like our homes. We control everything here and having our name as the URL allows us to stay here indefinitely regardless of what changes which is critical in the rapidly evolving nature of online businesses. I recommend using WordPress via hosting on Kinsta at https://kinsta.com/?kaid=RCJPFHEQEQIF and am very grateful when you use my link because I get a one time bonus for your signup and 10% lifetime commissions on your payments! You will love Kinsta because it is fast and instantly scalable meaning if you go viral, your website will not crash like it will on almost every other host.
- Start/Expand content creation in whatever format is best for you. Inbound marketing via blog posts, podcasts, YouTube videos, and online courses is the best way forward I see for earning money online for almost anyone. If you want to get jobs, what better resume to have than a video tutorial showing how you are teaching what you say you can do? If you want to land clients, how much does having a blog post like this help to demonstrate the knowledge you have? If you want to earn money from ads, YouTube videos, blogs, and podcasts are ideal. In everything, remember to always send people back to your website to get everyone connected and shopping.
- Stick with it! There are big downsides to doing business online and earning passive income from home that are not obvious until you are in the situation yourself. Some days I wish I had a boss that would just tell me what to do every day instead of having to figure it out myself. I have the freedom today to do whatever I want which has got me intro challenging situations like massive debt from overspending on ambitious plans that did not work out the way I thought. Joining my partner program will help you get through the ups and downs of working online which can be very lonely by yourself as I know from experience after getting suspended or banned from so many websites especially in cases where I did not do anything wrong. Often the big dip that comes after success is just the test of faith before the next big upswing!
Thank You For Reading This!
I am very grateful for the chance to serve you with this blog post and I hope it is helpful! If you have any questions or comments, you can contact me at https://jerrybanfield.com/contact/