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Best Jobs To Make Money Online From Home | by Danyal Janjua | ILLUMINATION | May, 2023
In the digital age, online jobs have emerged as a popular avenue for individuals seeking flexible work arrangements, financial independence, and the freedom to work from anywhere. The internet has revolutionized the way we connect, communicate, and do business, opening up a vast array of job opportunities that can be pursued remotely. This article explores the world of online jobs, shedding light on the diverse range of opportunities available and providing insights into how individuals can capitalize on this growing trend.
1. Freelancing and Remote Consulting
Freelancing has become a prominent online job category, encompassing various fields such as writing, graphic design, programming, marketing, and consulting. Freelancers can leverage platforms like Upwork, Freelancer, and Fiverr to find clients and projects suited to their skills. This allows for flexible working hours and the ability to work with clients from around the world.
Remote consulting is another lucrative online job option that enables professionals to offer their expertise and services remotely. Consultants can provide advice and solutions in fields like business strategy, financial planning, human resources, and technology, catering to the specific needs of clients.
2. Virtual Assistance and Administrative Support
Virtual assistants (VAs) play a vital role in providing administrative, technical, and creative support remotely. They help with tasks such as managing emails, scheduling appointments, social media management, data entry, and research. VAs can work with entrepreneurs, small businesses, or executives, offering flexibility and time-saving benefits to their clients.
3. Online Teaching and Tutoring
The rise of e-learning platforms has created numerous opportunities for online teaching and tutoring. Educators can teach academic subjects, offer language instruction, provide music lessons, or even deliver fitness coaching remotely. Platforms like VIPKid, Teachable, and Udemy connect teachers with a global audience, allowing them to share their knowledge and earn income from the comfort of their homes.
4. E-Commerce and Online Retail
The growth of e-commerce has provided individuals with the opportunity to start their online businesses and become online retailers. Platforms like Shopify and WooCommerce make it easier than ever to set up an online store, sell products or services, and reach customers worldwide. Entrepreneurs can leverage dropshipping, where they partner with suppliers who handle inventory management and shipping, eliminating the need for physical storage.
5. Affiliate Marketing
Affiliate marketing allows individuals to earn commissions by promoting products or services offered by other companies. Affiliates can create websites, blogs, or social media accounts where they share informative content and product recommendations, and earn a commission when someone purchases through their affiliate links. Platforms like Amazon Associates and ClickBank offer affiliate programs with a wide range of products and commission structures.
6. Digital Content Creation
The demand for digital content is ever-increasing, creating opportunities for individuals with creative skills. Content creators can generate income through avenues such as YouTube, podcasts, blogging, and social media platforms. By creating valuable and engaging content, they can attract a significant audience, monetize their content through advertising, sponsorships, partnerships, and crowdfunding, and generate a substantial income stream.
Online jobs have revolutionized the way we work and offer tremendous opportunities for individuals seeking flexible, remote work arrangements. The Internet has paved the way for freelancing, virtual assistance, online teaching, e-commerce, affiliate marketing, and digital content creation.
With the right skills, dedication, and a strategic approach, individuals can tap into these online job opportunities to achieve financial independence, work-life balance, and the freedom to pursue their passions. Embracing the digital world and leveraging the power of the internet can unlock a wealth of opportunities, enabling individuals to build successful careers and thrive in the online job landscape.
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How to Capitalize On This Thriving Talent Pool to Drive Your Company’s Growth
Opinions expressed by Entrepreneur contributors are their own.
As business operations shift, executives and entrepreneurs are increasingly turning to an on-demand workforce that is simultaneously empowered by technology and drawn to purpose-driven projects.
Consider Upwork, whose 2020 Future of Workforce Pulse Report revealed that nearly 80% of hiring managers engaging freelancers feel confident about doing so. These hires provide coveted expertise — on a project-to-project basis — that entrepreneurs need to scale their operations without incurring long-term overhead costs.
This new market paradigm also promotes dynamism, with 79% of businesses agreeing that freelance talent enables greater innovativeness. Perhaps most telling, 84% of hiring managers utilizing it feel more assured about adapting to future disruption, compared to just 69% of those relying solely on full-time staff.
By capitalizing on freelance marketplaces, entrepreneurs can amplify employer branding, augment capabilities and future-proof organizations, even amid turbulence. As nearly 60% of hiring managers plan to increase engagement with freelancers over the next two years, the time is now for executives to realize their inherent potential.
Related: Navigating the Great Reshuffle: Why Your Employer Brand is Key in Recruiting Talent
The job market continues to shift
After a season of massive hiring, we’re back to seeing layoffs and downsizing. Companies are feeling the bloat—from unused office spaces with rising rent to oversized employee structures — and are shifting focus to hiring only the most essential positions. This leaves a critical talent gap needed for complex projects and specialized tasks. Highly skilled and specialized independents can fill this void.
A few key benefits to engaging them:
• Access to niche experts: Platforms like Toptal and Guru provide access to elite professionals from leading Fortune 500 companies and innovative startups. Whether the need is for a machine learning specialist, growth strategist or financial modeler, entrepreneurs can now curate on-demand teams that boast specialized skillsets, enabling them to focus investment on projects with the highest strategic value.
• Enhanced agility: Leading corporations increasingly “rent” skills by tapping freelance experts for initiatives involving new technologies or while entering unfamiliar markets. With niche contributors available to plug knowledge gaps, owners can explore ideas that once seemed unrealistic due to internal constraints—unlocking inventiveness and first-mover advantage.
• Stronger employment brand: Blending full-time employees with project-based freelancers signals a commitment to modernization and work-life balance. Offering both engaging work and flexibility will help draw exceptional candidates and help you compete with corporate giants for top-tier talent.
Related: Can Retirees Thrive in the Gig Economy? Navigating a Changed Workforce
Tips for capitalizing on gig talent
Having explored the forces reshaping work, executives may wonder how to effectively leverage freelance platforms. After all, how can you know you’re getting your money’s worth if a hire isn’t physically present full-time?
• Define projects clearly: Contract hires thrive when expectations and deadlines are established upfront. So, clearly, detail needs around deliverables, success metrics, required skills and projected time investments. Staying ahead when it comes to communication and expectations will help avoid headaches, including delays.
• Build loyalty with talent: The best independent professionals have options regarding the projects they accept. Study their profiles to discern passions and incentives. Offer interesting work, flexibility and strong communication to motivate interest and improve results.
• Manage collaboration: Provide steady context, feedback and guidance at each project stage, but also foster autonomy, even while directing efforts toward strategic goals. A dynamic balance of these qualities drives optimal outcomes.
• Continue expanding your talent pool: Add proven freelancers to an internal database for repeat engagements, and notify talent about new initiatives for which their expertise would provide an edge. Uncovering additional ways, freelancers can enhance the business deepens the relationship.
Related: Fill Your Talent Gap by Sourcing Candidates From the Veteran Community
Top platforms for connecting with talent
Now comes the hard part: finding contractors who bring fractional expertise sets. There are a growing number of platforms, of course, but I’ve found that the following stand out as leaders:
Fiverr: Ideal for execs seeking design, digital marketing, writing, video and admin support. Known for affordability and ease of posting jobs. It taps a global talent pool, too.
Upwork: A flexible platform that spans more than 150 skills. Used by everyone from small businesses to global enterprises. Strong at IT, development, design, finance and consulting.
Toptal: Focuses exclusively on the top 3% of talent. Best for expert software developers, designers, project managers and finance experts. All contributors are extensively vetted.
Contra: A growing independent platform that vets and connects both job candidates and hiring companies. Best of all, it doesn’t take a commission from projects.
Related: 3 Strategies to Optimize Your Hiring Process and Find the Best Employees
The numbers speak for themselves: businesses engaging freelance professionals report greater confidence and competitiveness, as well as the ability to withstand turbulence, yet legacy beliefs can still cause hesitancy among those keen to hire. Supported by such specialized collaborators, companies can explore new horizons unencumbered by a one-time narrow view of staffing models.
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Trump Media stock plummets again
Trump Media & Technology Group Corp (TMGT) shares plummeted after the entity filed to the U.S. Securities and Exchange Commission (SEC) to issue 21 million shares.
The parent company of social media platform Truth Social has approached the SEC with a Files S-1 Resale Registration Statement.
Trump shares nosedive after announcement
The shares in the company ended the day on the stock market a further 18% down on initial trading. The SEC filing states:
We are registering the resale by the Selling Securityholders named in this prospectus, or their permitted transferees, an aggregate of 146,108,680 shares of Common Stock, consisting of:
- 1,133,484 Placement Shares;
- Up to 14,316,050 Founder and Anchor Investors Shares;
- 744,020 Conversion Shares;
- 965,125 DWAC Compensation Shares;
- 690,000 TMTG Compensation Shares;
- 6,250,000 Alternative Financing Shares;
- 7,116,251 Private Warrant Shares;
- 143,750 Representative Shares; and
- 114,750,000 President Trump Shares.
This takes the overall fall down to nearly 60% of the launch price for the former President’s company stock. We reported earlier this month that the initial stock had fallen 20% in the first week of trading on the stock exchange.
Digital World Acquisition Corp merged with Trump Media in late February to a large fanfare. The highest mark for the much-talked-about stock came in at $66.22, so the dip to $26.61 is a catastrophic fall ahead of a potential further share issue.
The $52.77 plummet will be a costly one for the company, but as we reported last week, executives are still taking home sizeable compensation in this turbulent opening.
Leading figures at TMGT have been given promissory notes to the tune of $6.25 million.
This is broken down into $1.15 million for Chief Executive Officer Devin Nunes, $4.9 million for Chief Financial Officer Phillip Juhan, and $200,000 for Chief Operating Officer Andrew Northwall.
It will be an interesting read ahead to see if the SEC agrees on the share issue and one that will certainly impact the future of TMGT.
Image: Ideogram.
The post Trump Media stock plummets again appeared first on Due.
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