Laziest Way to Make Money Online For Beginners ($100/day+)

November 16, 2024

What’s the Laziest Way for Beginners to Make Money Online?This is one of the most common questions people ask. Honestly, who wouldn’t want to earn good money with minimal effort while enjoying the freedom to work from anywhere in the world? As a millionaire businessman, I’m here to use my knowledge to finally answer this question. I’ve created a grid to evaluate different online money-making methods and determine which one is the laziest. We’ll judge each method across five categories:

  1. Learning Curve: How long does it take to start earning decent money? Ideally, this should be as short as possible to keep things truly lazy.

  2. Fulfillment: How simple is it to deliver the product or service? The easier, the better.

  3. Scalability: How easy is it to grow and earn more money without adding extra work?

  4. Startup Capital: How much money do you need to invest upfront?

  5. Risk Level: High risk usually means more stress, even if the money seems easy.

To keep things practical, I’m only covering methods that can realistically bring in over $100 a day. So, we’re skipping options like online surveys and transcription sites, which pay next to nothing and waste your time.

Method 1: FreelancingFreelancing involves using your skills to earn money online by working directly with clients. Popular skills include video editing, social media management, graphic design, copywriting, and website development. It’s an excellent choice for those who want flexibility and control over their work schedule. Among these, video editing stands out as an in-demand skill due to the rise of digital content.

  • Learning Curve: About six months. It takes time to learn the skill and build a portfolio. Fortunately, platforms like YouTube have tons of tutorials to help you level up quickly.

  • Fulfillment: Medium difficulty. Working with clients can be challenging, especially when dealing with revisions and differing creative visions.

  • Scalability: Limited. Your income is tied to your time unless you charge higher rates or hire a team. Platforms like Upwork and Fiverr are great starting points for finding clients.

  • Startup Capital: Minimal. A computer and internet access are enough to get started. Tools like Adobe Creative Suite can be an investment, but there are free alternatives like Canva.

  • Risk Level: Low. There’s little upfront cost, but income can be inconsistent initially.

Freelancing isn’t the laziest method but can be a great starting point for beginners willing to invest time in developing their skills and client base.

Method 2: Airbnb ArbitrageAirbnb arbitrage involves renting a property on a long-term lease and subletting it for short-term stays on platforms like Airbnb. Essentially, you act as a middleman, capitalizing on the price difference between long-term and short-term rentals.

  • Learning Curve: 1–3 months. You’ll need to familiarize yourself with Airbnb, rental laws, and property management. Tools like AirDNA can help you identify profitable locations.

  • Fulfillment: Medium. While relatively hands-off, you still need to manage guest inquiries, check-ins, and cleaning. Using management software like Guesty or Hostfully can streamline operations.

  • Scalability: Very high. You can manage multiple properties, provided you have the time and resources.

  • Startup Capital: $5,000–$15,000. Initial costs include securing leases, furnishing properties, and cleaning services.

  • Risk Level: High. The significant upfront investment adds financial risk, but with proper management, it can pay off.

Airbnb arbitrage is scalable and offers passive income opportunities but isn’t the laziest due to its higher startup costs and involvement.

Method 3: eBay ShopSelling products on eBay is a straightforward way to make money. You can sell anything from vintage clothing and electronics to handmade items.

  • Learning Curve: About two weeks. Start by identifying products you want to sell, researching trends, and sourcing items.

  • Fulfillment: Medium. You’ll need to handle shipping and customer inquiries, but keeping your eBay account in good standing is crucial.

  • Scalability: Very high. You can add new products or expand into other platforms like Etsy and Amazon.

  • Startup Capital: $500. This covers the cost of initial stock, which can be sourced from thrift stores, sales, or wholesale suppliers.

  • Risk Level: Medium. The primary risk is investing in stock that may not sell immediately, but staying updated on trends can reduce this risk.

An eBay shop is a viable option for beginners due to its scalability, though it requires moderate effort to maintain.

Method 4: Affiliate MarketingAffiliate marketing lets you earn commissions by promoting products or services through referral links.

  • Learning Curve: 1–2 days. Signing up for affiliate programs like Amazon Associates, ClickBank, or Impact is simple.

  • Fulfillment: Very easy. Once you share your links, your work is done—no handling of products or customer service.

  • Scalability: Very high. You can promote as many products as you like, leveraging organic reach through platforms like TikTok and Instagram.

  • Startup Capital: $250. While you can start for free, investing in professional short-form content can boost results.

  • Risk Level: Low. With no inventory to manage, affiliate marketing is a low-pressure way to earn money.

Affiliate marketing is beginner-friendly and scalable, making it one of the laziest options for earning online.

Method 5: AI Shopify StoreSetting up an AI-powered Shopify store allows you to automate e-commerce processes, from product selection to inventory management.

  • Learning Curve: Practically zero. AI tools guide you through the setup, from choosing a niche to designing the store.

  • Fulfillment: Very easy. Tools like AutoDS handle inventory, pricing, and shipping, leaving you free to focus on growth.

  • Scalability: Unlimited. You can continually add products and scale without worrying about logistics.

  • Startup Capital: $199. This covers Shopify’s $1 trial and AutoDS’s initial subscription fee.

  • Risk Level: Minimal. The low startup cost makes this a low-risk option to test out.

An AI Shopify store is one of the laziest ways to make money online, offering high scalability and minimal involvement.

In conclusion, while each method has its pros and cons, an AI-powered Shopify store seems to be the laziest and most scalable option for beginners. If you’re interested in learning how to grow your wealth further, make sure to subscribe and stay tuned for more insights!