12 Genius Ways How To Make A Million Dollars & Much More!

How will you make money online in 2022?

Making money online can help you stay afloat during these troubled times, but it can also help you escape your 9-to-5 job so you can become a full-time entrepreneur. By brainstorming online business ideas and choosing to start an online business, you gain more financial freedom, improve your financial security, and inch closer to living life on your terms.

It really is possible to earn a living online if you work hard and stick with it. So, which money-making idea will you pursue first?

8. Sell on CafePress or Etsy

If you can design digital items, you can sell them for a share of the profits on a site like CafePress. You can do this with nothing more than some design software. They can include custom logos, inspirational sayings, and other topical or trending designs appealing to the masses.

You could hire a designer to assist you with this, but you still need to come up with the ideas. This works best if you understand design yourself but requires no overhead. Items are printed and delivered on-demand. You simply receive a share of the proceeds. Similarly, if you’re a business owner, you could sell items on Etsy as well and utilize the platform as an online store.

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Invent Something

If you have a lot of really great ideas, take your best one and monetize it. It doesn’t matter if it’s a product or service, as long as people are willing to pay up for the benefit it offers. For example, Spanx founder Sara Blakely became the youngest female self-made billionaire in the U.S. by inventing flattering undergarments to wear under white pants. Her net worth is currently $1.1 billion, according to Forbes. Beanie Babies’ creator Ty Warner amassed a fortune from his stuffed animal empire. He wisely created an expansive product line and sold it in limited quantities, which caused the items to surge in popularity. Forbes estimates the former Dakin Toy Company sales rep’s net worth at $4.2 billion. Maybe your invention solves a problem experienced by many or entertains the masses. Either way, people are willing to spend money for something that adds value to their life.

Trafficking Illegal Goods

The recently released Further Adventures in Finance and Felony has added an all new way of gaining money to GTA Online – however this method requires some up-front investment and as such is recommended for players who already have themselves set up with a decent amount of cash, but want to rise up to the level of being extremely rich. You can’t even start doing this unless you have a spare $GTA ~1.5 million kicking around.

You’ll also need to prepare yourself mentally for the fact that this won’t turn an instant profit. In fact, it could be days before you make back your initial investment, depending on frivolous you were. However, once the business gets rolling, you’ll be making more than you can spend.

Well, almost, anyway.

You’ll firstly need to buy yourself a corporate office which will work as a HQ for your criminal enterprise. There are four of these new property types, starting at $GTA 1 million for the cheapest with no bonuses (though you’ll definitely want that weapon locker). Then, you’ll need a warehouse – no need to buy a large one right off the bat. Finally, you’ll need some goods, so initiate a buy mission. You might want to do this in an otherwise empty public session, or you’ll soon be attacked by ravenous 12 year old squeakers piloting Hydras.

So, now you have an office, a warehouse, and some goods to fill the shelves. Time to make some money, right?

As time goes by, you’ll be able to upgrade to larger warehouses, buy and therefore sell more goods, afford better protection and when the business gets rolling you’ll soon find that those sweet yachts are actually pretty affordable.

5. Avoid Luxury Wheels

There’s nothing wrong with purchasing a luxury vehicle. However, individuals who spend an inordinate amount of their incomes on a vehicle are doing themselves a disservice, especially since this asset depreciates in value so rapidly.

How rapidly does a car depreciate?

Obviously, this depends on the make, model, year, and demand for the vehicle, but a general rule is that a new car loses 15% to 20% of its value per year. So, a two-year-old car will be worth 80% to 85% of its purchase price; a three-year-old car will be worth 80% to 85% of its two-year-old value.

In short, especially when you are young, consider buying something practical and dependable that has low monthly payments or that you can pay for in cash. In the long run, this will mean you’ll have more money to put toward your savings, an asset that will appreciate, rather than depreciate, like your car.

21. Give blood

You can make around $20 to $50 per donation of blood, depending on if your blood type is rare or common. You can also donate plasma. Different states have different minimum requirements that must be paid when people donate plasma.

Plasma donations help people who are fighting Leukemia and other immune disorders. This is a bit more complicated and involved than donating blood but you won’t get much more than donating blood.

Boost Your Profit Margin

A profit margin isn’t strictly reserved for businesses; it also applies to you. “By increasing the gap between what you earn and what you spend, you end up with a profit in exactly the same way a business earns a profit,” said J.D. Roth, founder of Get Rich Slowly. “This profit can then be used to pursue your long-term financial goals.” To specifically reach a million bucks, you’ll need to boost your savings rate substantially more than the normal 10% to 15%, said Roth. He suggested saving half of your income and noted that you’ll have to make hard choices of deferring present spending in exchange for future financial success. For two-income families, he suggested choosing to live on one income, and saving and investing the other salary. POLL: Do You Think You Will Be Able To Retire at Age 65?

1. Understand the Game: Million Dollar Ideas vs. Scale Mentality

Far too many people are utterly obsessed with comi

Far too many people are utterly obsessed with coming up with a million-dollar idea in the hope it will make them millions of dollars.

And while some people do actually manage to do this, it's not the smartest way to tackle the financial goal you've set for yourself.

Instead of looking for that one big, elusive million-dollar idea, why not look for an idea that will generate $10 of profit? And then repeat that process 100,000 times.

You see, earning large amounts of money is often more about perspective and planning than it is coming up with an idea nobody else has thought of.

In fact, it's far easier to come up with a product or service you can sell for $10 to tens of thousands of people than it is to come up with the one big idea that you can sell to an investment company.

Operating in the “million-dollar idea” mindset can be very frustrating because you have the desire to become financially independent, but you're going nowhere fast.

So, when it comes to making a million dollars let's take a look at scale.

And, for the purpose of our thought experiment, we're going to combine the idea of scale with the concept of 1,000 true fans.

Let's say you come up with a side hustle idea that generates $10 in profit every time you sell it…

In your first year, you sell that product or service to 1,000 people, generating $10,000 in profit.

In your second year, you take that $10,000, create a product worth $100, and then sell it to your next 1,000 true fans.

You're now sitting on $100,000 in profit. Pretty neat, right?

As your business grows and matures in years three and four you realize that you have a high-end product or service you can offer to customers.

This new product costs $1,000, but you've built an amazing reputation in your industry, so you know you can find 1,000 true fans to purchase it from you.

By year five, you have generated $1,000,000 in profit, and without ever having to find more than 1,000 people to purchase what you're selling.

By the way, this projection doesn't include all the true fans who are still buying your $10 and $100 products.

Internet marketers have used the above “profit ladder” to get people to buy into their brand at a very low price point. Then as the years go by, they create new premium products or services for their eager audience to spend money on.

In fact, a guy named John Reese very famously used this method to sell $1,000,000 of his Traffic Secrets course in 24 hours. Yes, really.

I was introduced to the above principle in the book Evil Plans by Hugh McLeod. I don't want to tell you what to do, but every entrepreneur should read it.

It is incredibly difficult to move from a standing stop to becoming a millionaire without a plan.

It can be incredibly easy to earn silly amounts of money by simply breaking your bigger goal into a series of smaller ones.

13. Start a Niche Website

Starting a website is a viable way of making money online.

When Spencer founded Niche Pursuits, he had used niche sites to quit his corporate job and generate a full-time income from home.

You can do the same thing.

The first step to starting a niche website is to figure out what kind of website you want to have.

You need to make sure that you're solving a need for someone. The best way to do this is to use a keyword research tool.

These tools help you see what people are searching for online.

You'll want to target long-tail, low difficulty keywords. These are keywords with low search volume that are easy to rank for.

It's counterintuitive, but the long-tail strategy wins big in the grand scheme of things.

Try to find a niche idea that you are passionate about.

Even if there are tons of people searching for dog supplies, this doesn't mean it's a good niche. If you hate dogs, then this is a horrible niche for you!

Your niche should be at a point where opportunity meets your passion. Find a niche that has low competition but that you could write about and enjoy.

Next, you'll want to figure out how you're going to monetize your site.

Are you going to use informational content and ads? Or maybe you could find an affiliate relationship and get paid to recommend products.

As mentioned above, you could even get in on the e-commerce craze to sell your own stuff.

Once you've got your niche picked out and know how you're going to monetize it, it's time to do some strategizing.

It's best to have an idea of what kind of content you're going to be producing. 

You want everything to fit into a few categories in your niche. Don't go too broad. Start small and when you're making some money, expand from there.

These niche websites have a high ceiling. You could make anywhere from $2985 per month to millions of dollars per month.

ESPN is a niche site and they're killing it!

Compared to other businesses, the earnings can start pretty quickly.

Spencer's Niche Site Project 4 started making $1000 just 10 months after he published his first article.

That's $1000 of passive income for life! And he outsourced everything.

Imagine what you could do by putting your energy into a niche site.

Become a Bodyguard

There are plenty of aspiring VIPs out there in need of protection. Whenever you are a bodyguard hired by an active VIP, you will get paid $GTA 5K every 15 minutes in addition to any winnings made from VIP jobs or challenges on top of a 100 RP bonus per minute. While other sources of income will benefit the VIP, not you, this fixed wage on top of the pretty lucrative VIP work will get you loaded in no time.

2. Fund Retirement Plans ASAP

When individuals earn money, their first responsibility is to pay current expenses such as rent or mortgage, food, and other necessities. Once these expenses have been covered, the next step should be to fund a retirement plan or some other tax-advantaged vehicle.

Unfortunately, retirement planning is an afterthought for many young people. Here’s why it shouldn’t be: funding a 401(k) and/or an IRA early on in life means you can contribute less money overall and actually end up with significantly more in the end than someone who put in much more money but started later. How much difference will funding a vehicle such as a Roth IRA early on in life make?

If you’re 23 years old and deposit $3,000 per year (that’s only $250 each month) in a Roth IRA earning an 8% average annual return, you will have saved $985,749 by the time you are 65 years old due to the power of compounding. If you make a few extra contributions, it’s clear that a $1 million goal is well within reach. Also, keep in mind that most of your earnings are in interest— your $3,000 contributions alone only add up to $126,000.

Now, suppose that you wait an additional 10 years to start contributing. By this time you have a better job than when you were younger, you earn more, and you know you've lost some time, so you contribute $5,000 per year. You get the same 8% return and have the same goal to retire at 65. But by starting to save later, your compounded earnings won't have as much time to grow. In this scenario, when you reach age 65, you will have saved $724,753. That's still a sizable fund, but you had to contribute $160,000 just to get there, and it's nowhere near the $985,749 you could've had for paying much less.

8. Earn Income on the Side



James Foster

James Foster

A part-time job or side gig courtesy of the sharing economy could be the ticket to generating some extra cash. If you invest the money or use it to, say, help you buy a house, you’ll get closer to your $1 million goal.

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Danielle and Joe Haymes of Houston found a side gig they love two years ago after searching for a place to board their two dachshunds. Danielle is a technology instructor for a local school district and Joe is a sales manager, but they decided to become dog sitters on the side after learning about DogVacay, which matches pet sitters with dog owners. The Haymeses usually take in three to four dogs at a time, depending on their schedules. In 2015, they earned about $13,000; the year before, they earned about $12,000. (Sitters set their own rates and pay 20% to DogVacay.) That income alone might not make them millionaires, but they’re planning to use it as leverage to reach a larger goal: They have saved most of the money as a down payment on their dream house in a neighborhood with a great school district.

5. Own a Home

Derek and Lauren Ross didn’t buy their home in Oak Park, Calif., because they thought it would make them rich. They bought it because the community of 14,000, about 40 miles from Los Angeles, has some of the best schools in California, plus lots of parks and open space. Nonetheless, their investment has paid off. They bought their two-story home in 2002 for about $542,000. Today it’s worth more than $800,000, Derek estimates.

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About the Author

Ed Thorn

         Senior Staff Writer

Ed Thorn Senior Staff Writer When Ed’s not cracking thugs with bicycles in Yakuza, he’s likely swinging a badminton racket in real life. Any genre goes, but he’s very into shooters and likes a weighty gun, particularly if they have a chainsaw attached to them. Adores orange and mango squash, unsure about olives.

Special Vehicle Cargo

Potential profits: $300k per hour

These two methods have the potential to net the solo player the most money per hour whilst doing other tasks in between jobs. They both require you to have an Office building and (vehicle) warehouses, which can be substantial outgoings, but if you focus on these two aspects you’ll make your investment back relatively quickly. For vehicle cargo specifically, you’ll want to source vehicles to fill your warehouse with all 10 unique standard and mid range cars with no duplicates so that every source mission you do that after that will result in a top range car. From that point on you simply continually export a top range car and source another one, ready to be exported when the timer allows.

Gunrunning/Motorcycle Club

Potential profits: $80k per hour

Whilst those potential profit values may not sound wonderful, the beauty of these businesses is that they make money passively. That means they’ll be producing product for you to sell at a profit while you’re making money elsewhere. Buy a Bunker for GTA Online Gunrunning or a Motorcycle Club and Cocaine business to maximise your profits with these passive methods. Buy or steal supplies for your business and it will convert those supplies into product to sell at a profit when you’re ready to do so. If you actually buy supplies (which is often the best strategy from a money vs time perspective) the only input you’ll need to do to get your profits is to sell your accumulated product via a mission when it’s ready. Be careful though, if you leave things too long your stock will grow to the point where the sell mission will require multiple people, so if you’re a solo player selling frequently is the best strategy.

8. Start a business on Amazon

"I would invest $100 in business education. Start with free online content from proven business leaders, then read every book you can get from the ones that resonate with you.

Next, find a product that you can buy on Alibaba.com for 10% to 30% of what you can sell it for on Amazon. To find products that sell well, look for those with a 'Best Sellers Rank' between one and 5,000 in the high-level categories.

Save, hustle or borrow to get another $500 to buy your inventory. Try different marketing strategies to sell the product — starting with social media, online advertising and content marketing. Then stop doing what isn't working and start doing what is working.

To grow your business, focus on increasing the profit margin and the quantity you sell. Eventually, you want to own the brand so you have a valuable asset that produces wealth."

Matt Clark, co-founder and chairman of Amazing.com and co-creator of Amazing Selling Machine. Follow Matt on Instagram.

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