How do I earn 5-8$k/yearly from the internet, fast and painless?

By

Ariful hassan, M.tech

I am summarizing two answers on quora from which i learnt and earning :)

In today's world, in order to earn a 5 digit amount per month in INR you need two very important things:

Idea 1. Just wanted to suggest all students, home makers and qualified people looking for second income that Transtutors is an excellent website to earn some quick bucks. You just have to register on this website and answer questions asked by students all over the world.

It is started by two IITians – Aditya Singhal and Nishant Sinha – and is an authentic website. These people have been around for years and you can be sure that this is not some fly-by-night company.

Besides, they have an actual business model. They make money from students who come to them to find quick answers to their questions or need help with their homework, assignments, projects, research work or thesis. For each answer, tutors get 3 types of income:

Money that is paid upfront: For each answer you give, you earn some money upfront which is added to your earnings section. There is no limit to what you can earn in this way.

Royalty Income: When a publisher publishes and markets your books, you get some royalty on each book that sells in the market. Transtutors answers do something like that for you.

It means that if a student reads your answer, likes it and buys subscription of the website – you earn a handsome royalty – for lifetime, even if you stop answering on TT after sometime.

Become an online tutor with Transtutors

You can make up to $5,000 per month through this method.

Here is my TT dashboard showing both types of income:

Idea 2. I come from a middle class family which is not very affluent. Hence I started taking care of all my expenses since the past 1.5 year and have manage to earn a decent ₹ 15,000 - ₹40,000 per month. I'm going to share with you the SECRET formula I came to know from a friend which can fetch you up to a whooping 1,00,000 per month.

I will be sharing my earning experience in order to explain the Formula:

Step 1 : Find out your interests and nurture them I started learning web designing languages like HTML CSS and JAVASCRIPT using which I could create a very basic websites.Then I learn how to create responsive websites using css and created a few sample webpages while learning. All this took a month of time.Now I was all set up to start earning.

Step 2: Create a free account in Upwork (or similar) to start earningI set up an account and took the free tests on the site to get a good ranking, which would show clients that I know my stuff.

Step 3: Secret FORMULA -I realized that money might be easy to make online but there is a pattern on how I can earn more based on highly employable skills Iacquire.So here goes your monthly earning based on skills you acquire:

SKILLS Approx earning Scope of jobs

1. HTML/CSS/JavaScript ₹15,000 basic static websites

2. Basic Photoshop extra ₹5,000 photo manipulation and basic editing

3. Illustrator & Photoshop extra ₹8,000 Logo creation and advanced editing

4. PHP / MYSQL extra ₹15,000 dynamic websites with database

5. AJAX / J Query extra ₹7,000 dynamic websites advanced

6. CMS like Joomla/WP extra ₹15,000 dynamic websites with CMS

7. Ecommerce - Magento extra ₹25,000 dynamic websites like Flipkart

8. Stacks like LAMP extra ₹10,000 high end web applications Although learning all of these skills would fetch you at least a lakh rupees per month, the total work hours will range to anything around 16-18 hours per day as you would be dealing with a lot more projects per month. This sounds crazy right? How can someone work for this enormous hours and how can someone possibly keep track of so many projects? Is this even possible?Well Pretty much!! Keep Reading...

Step 4: Making monthly income to ₹1,00,000+ a reality Register your business with the government body and employ 3 programmers as interns based on the higher level skills you lack from step 3. You are now investing around ₹10,000 per head suppose, which is ₹30,000.Now even if you each work for 8 hours a day, that is 4 person x 8 hours a day = 32 work hours per day.You can easily take up twice more projects per month and earn around double.You might be thinking that it is all too good to be true! Maybe, but only if you don't work hard enough. ;)