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BBO.SHOW #7 – Learn how to make money online from the English language with these 7 no-brainer methods
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Hey Harms & Kyle here, thanks for watching today’s show.
What you will have learned in today’s show:
The focus area is: online income generation by leveraging English as a language.
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Harms: We are carrying on the conversation on how we can make money online during lockdown and we are very much leveraging this big list of items which is around 200 different ways you can generate cash online.
As we go through this guide we are upping the skill level.
A bit of advice for an employee is if you’re working from home make it so that the result and the productivity does not dip.
If you can get it so that the productivity increases.
Now you’ve got a case study and something you can take to your boss or your managers and say, I’m way better when I work from home here’s the proof.
Then it is very hard for them to argue otherwise you can fall straight back into the next trap of these face-to-face meetings, et cetera.
Kyle: We are focusing on the fact that you do have skills.
When we talk to people sometimes they are like, I don’t really have any skills. I’m just out of university.
We tend to think of our skills as diplomas and degrees and stuff like that, and that’s not what we’re talking about.
You do have a skill, the fact that you are watching us, you’re listening to us means that you speak English.
Whether it’s your native language or second language, it’s a big skill. It’s a skill you can use in many different ways.
We will be covering all the different ways where the English language can be used online to generate an income.
Again doesn’t matter if you’re a native speaker or you’ve learnt it as a second language, there are going to be different opportunities available, but it’s going to be open for you.
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Harms: The idea is just pick one or two of these items and you get paid something, but the good thing about today is because there’s a level of skill set required, which is an English language.
The income that you’re going to generate also increases.
We had an example of a survey paying you may be $0.50 now it’s going to change slightly. Some of those still apply but the level required we’re talking in the 10, 15, $20 plus that sort of arena.
Teaching
Kyle: Number one we’re going to kick off with teaching.
You speak English and you have the ability; everyone has the innate ability to teach other people.
Teaching English is a massive market, there are one billion people around the world actively learning English right now.
I can’t think of any other market that is much bigger than that. That is obscenely large for a single business.
Really surprisingly, there are 300 million active learners of English in China.
Kyle: In terms of market size this is just mind blowing and a lot of the infrastructure for learning English in China and around the world has been shut down because the classes are not there, so you can’t go to class.
A lot of this is moving online, so we want to talk about how you can use your ability as a native speaker to help people who are learning English around
the world. It’s
not just for native speakers.
Harms: So question one really is do you need a degree?
Do you need some qualification for this?
Kyle: Most of these websites are set up and most language education is set up like this as well, where there’s two tiers.
There are going to be professional teachers so these are people who can put together lesson plans, they can work with an individual or group of students to guide them through a curriculum.
These job offerings or these gigs will tend to require you to have at least a bachelor’s degree, it doesn’t really matter what in and some form of diploma or certificate.
These are basically diplomas that teach you how to teach English to students. For professional teachers, a lot of the hiring positions will be for that level, so you would need some qualification.
Harms: How much does a qualification cost on average?
Kyle: There is a huge range.
There are ones you can get online in a couple of weeks and then there are ones where you actually go and you do a six-month course at a University and they teach you how to run a class etcetera.
CELTA, Certificate in English Language Teaching to Adults is considered the top.
There are Tefl and Tesol qualifications which you can do online, they tend to be 200, 300 hours’ worth of teaching.
A lot of it will be you watching videos and doing exercises and some live like elements. It costs a couple hundred pounds basically.
Depending on where you are in life if you just want to get this diploma to teach English now to make money during the lockdown, that’s quite a big commitment.
It’s going to take a few hundred hours to get that diploma. Whether or not you want to make that commitment is up to you.
However, if you are travelling around the world having a Tefl or Tesol is really useful for being able to pick up jobs. If you are backpacking or travelling it’s just a very useful qualification to have.
Now let’s move on to everybody else, to the people who aren’t professional teachers but you do speak English and you can help other people to learn English.
Harms: The result is going to be you’re going to get paid less, but the friction to entry is just completely removed.
To start teaching as quickly as possible and start generating cash as quickly as possible and that is also available as a way to generate an income online through these platforms.
Let’s talk about the platforms that are available.
Kyle: Most platforms out there have both of these levels, the second level we are going to call it conversation partners as it is a more casual form of teaching.
It is basically jumping on a live call with somebody in China or somebody in Uruguay or somebody in wherever and having conversations with them.
They as a student will have had English lessons before and they might speak a bit of conversational English but they need to practice, they need somebody to talk to.
Someone to have chats with basically and they are paying to have access to that. That’s what you can do as a native or a fluent speaker of English is help them with conversation practice.
Let’s jump into a couple of platforms because we can talk about the difference between teachers and conversation partners.
Probably the biggest one out there right now is something called ITalki.
You put up a profile and you are responsible for getting your own students. You write your blurb, you say what you offer, you set your prices. It’s all on you, all Italki does is provide a marketplace platform to help you find students.
They have the most students as far as I can tell. Professional teachers there if you are native speaker the hourly rate is about $20-$40 an hour or more.
If you are starting out as a teacher it’s going to be hard to get that rate off the bat, but that’s something you could build up to over time.
That’s for if you are native speaker and a qualified teacher.
If you are not a native speaker let’s say your first language is Russian but you are a professional teacher and you are fluent in English, etcetera, generally it will be a bit less. So 20 to 30 an hour just because there is a preference to hire native speakers.
In Italki they are called community teachers, but it is the same as a conversation partner.
Again, these are people that don’t have qualifications but they speak English fluently, or native, and they go on and they have chats with people. They tend to be about $10, $15 an hour.
Harms: It could be that you are a teacher and you are not required at the moment because schools are on lock down.
So how can you leverage your skill set very quickly because you already have some of these qualifications that we’re speaking about, or some that are transferable, in which case this is another way to top up.
Kyle: There is also Verbal planet and Verbling. I have not used them. They seem to be very similar to Italki, so check them out.
If you are a teacher, I don’t see why you wouldn’t put your profile on multiple sites.
Harms: If you’re starting off just get your profile on all of them.
Kyle: VIPKids is a Beijing-based start-up. They exclusively focus on the 300 million Chinese people who are learning English.
They have a different model and their classes are 25 minutes long.
You get paid eight dollars per half an hour class; an hours work you get paid $14-$18. If you do 45 classes and you are on-time to every class, you don’t get flagged up as being unpunctual and if you do 45, it doesn’t have to be 45 days in a row, it’s just a sequence of 45.
Then you get a two-dollar bonus per class, which suddenly means you’re getting paid $10 per half an hour class which means $20 per hour basically.
That requires you to be consistent and do 45 classes and be punctual, but if you do that, then you’re being paid $20 an hour.
Harms: So 45 lessons at eight dollars a lesson is $360.
If you plus the bonus to that it brings that up to $450. Now for 22.5 hours’ worth of work which is just over half a week’s work, you’re looking at $20 per hour on average, so that starts to add up.
That’s pretty much in line with a typical salary in the UK if you’re watching this in the UK.
Probably slightly lower in the US but of course it depends on where you’re from.
Kyle: Fair warning, some people have complained about the company. It was more this kind of thing about you needing to do 45 lessons before you get your bonus.
I think from a business point of view, that is a good idea to ensure your teachers are consistent and that your students are getting the best experience.
But with something like this you get lots of work but you are working for a boss. Whereas with Italki, Verbling, etcetera you’re working more for yourself.
It is up to you to brand yourself, it’s up to you to get students and yes, you might be able to charge more but you need to go through the marketing process.
Which one is good for you will depend on you personally.
Tutoring
Number two is tutoring so similar to teaching English but slightly different, we are going to be tutoring around school subjects or academic subjects or whatever it is.
Yes, you need the English language to tutor but also requires knowledge of a subject.
Harms: It could be within a specific subject, it could be you’re delivering maths, science, chemistry, biology, English literature, English language, but because you have the native English language as your base, you can start to teach in any of these subjects.
One of the challenges a listener may throw at us is saying well all the exams are cancelled, there is no real need for tutoring, but that would be if we analyse that market.
The exam side or exam preparation side of tutoring would probably take up a percentage.
But that won’t be 100% of the market and I know parents who have their kids getting tutored on piano right now on other kinds of niche topics, just because their children are passionate about that subject.
So they get additional classes there, think about tutoring as an additional class to complement the number one, which is the language and the teaching and the fundamental education part of things.
How are they facilitating this online?
Kyle: There are a few websites out there, the big ones now are Chegg. Chegg tutors is a giant marketplace for tutoring. In the UK in particular there are Superprof and UK tutors.
Depending on what your skill set is, yes, maybe you don’t know how to teach GCSE biology, but you might be able to teach piano or something like that.
There are going to be a lot of opportunities right now because yes people aren’t doing exams in the UK, so there’s not going to be exam tuition.
But all the kids are at home and they’re being provided with some education by their schools. But that is not enough for a lot of parents out there and a lot of kids.
So there’s going to be extra sessions on the marketplace you can pick up.
Harms: You’re going to be teaching either children, teenagers so they may also be advised by their parents, so try to deliver in a way that you start to build your own reputation as an online tutor.
Because once this is over, they actually may prefer to stay with you rather than go and visit their physical tutor because it’s easy, just pop in an office, or pop them in front of the laptop.
They’ll learn, take notes, you may be able to tutor more than, say, the families got three children and they are all teens. You may be able to provide tutoring to them, especially if it’s in a subject like piano.
If it is not exam related then suddenly it becomes open doors.
Voice Work
Harms: Number three is voice work.
Kyle: If you have got a good voice there are opportunities out there.
Again as a British speaker there are even more opportunities. With audiobooks for example, a lot of people like to have British voices on them instead of American or non-British voices.
If you do have a good voice and accent there’s going to be some work that you can do in voice work.
There’s going to be casual all the way through to professional.
If you are already a professional voice worker you’re probably doing fine as you’ll have a studio.
We’re talking more about people who want to get into doing voice work from home.
You can pick up basic voice work, narration, voice-overs over on fiverr and upwork. These are good casual places to start building up your portfolio because if you apply to an actual voice work agency, they are going to obviously ask what have you done?
Can you send us audio examples of your previous voice work. It’s a professional industry and there will be voice portfolios. If you want to start out, then fiverr and upwork are great places to pick up this kind of thing.
If you are looking for voice over specific jobs, so these are larger projects rather than simple 30 second messages, you can go to voices.com and the voice realm.
These are websites where you can find bigger gigs.
At this point, you’re going to start to need a portfolio, which is why I say start with upwork, fiver and get some basics done then progress.
If you want something really big you can actually do audiobook narration and there’s an agency called ECX which is properly the best place to start with that.
At that point we’re talking about being paid thousands.
But you are sitting down and talking for 18 hours reading a book, so that requires a lot of skill and you’re only going to be paid for that if you’ve proven you can do this work with smaller projects.
If people tell you that you have an extremely relaxing voice and they like to listen to your voice, for whatever reason, look into ASMR.
It’s basically talking in a soft voice while doing certain actions on video, maybe crinkling paper or popping bubble wrap.
There was one example of someone from Finland doing tongue twisters in a very nice relaxing voice and she’s got 2.3 million views on that.
I did some mathematics on that. She’s probably been paid $4,000 for basically doing tongue twisters for 17 minutes.
Harms: That’s a small account for this kind of subject niche area.
Kyle: I know some people will be thinking what on earth are they talking about?
This is big business if you can get into it on twitch and YouTube.
People use these videos to relax, whether it’s listening to the sound of rain and somebody reading a fairy-tale in a soft voice.
Whether it’s someone popping bubble wrap and telling you about their day.
Whatever it is they are relaxing videos that are now just extremely popular on platforms like twitch and YouTube, and that allows you to monetise your voice, if it is of that certain tone.
Audio Transcription
Harms: We are now leveraging the fact that you can understand English and be able to produce a piece of work which is specifically called audio transcription from what you’re hearing.
We are listening to something and we are going to turn that audio into text and it’s a needed product and a needed service for businesses.
It is a needed item for small businesses and that’s it in a nutshell.
Kyle: Right now AI or computers are not 100% accurate at transcribing audio so if I am a business and I want to transcribe meeting notes, I can record the whole meeting and have a person turn that into a transcription for example.
Something like this when we are teaching we will get this transcribed afterwards and turn it into a blog article.
There are unlimited business users for this and it’s a big business right now.
There are sites like transcribe anywhere, transcribe me, quick state rev.com, that is one of the big ones.
They will pay human beings like yourself to listen to audio and type out what you hear, and then that text is sent back to the business who have hired these agencies for the work.
Harms: In terms of how much they pay people because there’s a few different tiers but it’s all based on quality.
Kyle: The main thing is you get paid how many minutes of audio you transcribe.
Let’s say you’re given a five-minute audio clip; you’ll get paid for transcribing five minutes of audio. If that takes you an hour then you’re not going to be making much money.
If you can transcribe it one-to-one, so it takes you five minutes to transcribe five minutes of audio then you can do very well.
You need to be able to listen and type.
If you can type in real time at the same speed that somebody is speaking you could be quid’s in here, you can make a lot of money. That’s a skill that not that many people have.
Harms: If you have a job and it’s typically been taking meeting notes, logging down stuff, PA’s, personal assistant, notetaker, secretaries and admin staff.
You can potentially go and get a supplementary income just off a natural skill that you already have, which is the ability to type on a ratio of one-to-one.
You can hear it and you can type without the need to pause.
If you can get that skill set you can start to generate revenue.
Typically the prices that you can earn are between $0.30-$0.60 per minute audio.
Kyle: Per minute audio not your time working.
Again if you have a 10-minute piece of audio and you can get that done and transcribed in 10 minutes, then you are also making $0.30-$0.60 per minute.
Harms: Let’s say you did half a working day, so five hours of this and we hit the top mark
Kyle: At $0.50 a minute.
This is the problem with transcription as it is quite hard to work out how much you’re going to be making until you actually start doing it.
Harms: But it’s about $150 for about five hours work if you’re working on that rate.
Kyle: There are different tiers as well so if you’re doing scientific or legal transcription it’s going to be paid more.
The highest I found was $1.73 per minute for audio. So you transcribe an hours’ worth of audio that’s going to be $103.
Technical language you get paid higher for.
Harms: The way we use this in regards to digital marketing talking about online business just off a tangent slightly is.
We would record the audio or the video and extract that audio file and put it into an AI software and the software we use is called Dragon Dictate, but there’s lots out there. There are even some ones that are free for a period of time and they’ll charge you after that but it’s quite reasonable.
Once it’s processed in the AI software it will give you a full transcript. Now that is not perfect, I would say Dragon Dictate is probably about 90 to 95% it’s a very, very good, but it then goes to the final step, which is another human being. Who will clean that up.
What we do in the middle step is rather than go to an audio transcriber because for us it works out expensive because we do so much, we skip a human and we go to an AI and then send it to a human at the end, which works out cheaper for us.
If you’re looking at this in terms of actually producing a lot of content do I need to use these people, an AI software?
There are two different options there, but either one will have a cost associated with it unless you do the whole thing yourself.
But that’s not smart use of your time as a business owner, especially right now.
With that transcription we will then turn it into a guide, a blog, a book in the far future, there’s many different things you can do with it. Depending on what your niche and your industry is.
It’s another way to get paid.
Entrance Essays
Kyle: In general the next three are all going to be about writing, so we’ve talked about how you teach English, how you can speak English for narration, you can listen and transcribe and get paid for that.
The rest are going to be about writing in English or in your language.
Fiverr in particular, there’s pretty good money to be made in proofreading and copyediting academic entrance essays.
These are people writing personal statements to apply to universities or to schools around the world for their MBA or PhD.
A lot of people applying to the top universities in the world are not necessarily native English speakers and therefore they need proof-readers and copy editors to sharpen up their stuff.
This is a bit different from writing their personal statements which is also an industry, it’s not really what we are recommending.
This is just proofreading and making sure they are up to scratch, but because these are essays, personal statements that are so important for the people submitting them to universities the pay for these kinds of jobs are very high.
People will pay a lot; they will easily pay a few hundred dollars to get a one-page personal statement proofread because they need it to be perfect.
So on your side, the proof-reader can make the average figure in the US is about $25-$30 an hour, the great thing about this is you can do it from home.
You’re sent the file, you do the proofreading and you send it back. There’s Scribendi, Topadmit, Essay edge and in the UK there is Proof my essay again.
Harms: If you have a natural skill set for looking at a piece of text and you can sort out the grammar, formatting, remove repeated words whatever these amazing people do, that is a natural skill set of yours.
Or you know you’ve got it, but you’ve never really monetised it, this is a nice place, number five entrance essays in proofreading is a really good place to start to see if you can generate revenue.
Like Kyle said it is higher.
We are in a weird time when it comes to entrance for things, but this could also be for a career, so it is not just university. It’s for job applications, CV’s .
Sell Notes
Kyle: Number six is selling academic notes, which is a really interesting industry which I didn’t really know about until this weekend.
If you’ve got a GCSE, A-level university notes or maybe notes from a professional qualification like the CFA finance or ACCA.
If you have useful notes you can upload all those notes to various marketplaces and if they get sold by people taking ACCA or CFA then you receive money from that.
Harms: If you look at ACCA as an example, you’d go to an ACCA exam preparation class and then they would start to extract things that you really should be focusing on in preparation for exam questions.
Those notes to somebody are critical because if time is an essence with these things as well, especially most of this is done alongside people’s career.
You’ve got a choice, you’ve got a super-sized textbook which you have to sift through and extract the information, plus pay for and they are not cheap.
These additional classes where a lecturer will then in a physical location give you a look, I think the exam questions you need to focus on are this, this and this.
For a lot of people you’re actually saving time and money by pulling somebody else’s notes. That’s why somebody would want to do it, so if you’ve got notes at home and they are just amazing then look at these platforms you can be paid for.
Kyle: That’s just an ACCA example but you can go to Nexus notes, Stuvia and Campus shift. These websites you can sell your notes on.
Just go on there and see if there’s any of your previous qualifications or university courses or whatever it is and see if there’s anything you could upload onto there in order to make money.
Harms: Maybe you’re currently at University or education thinking if I now prepare my notes ready for a platform like this, I could cash in for a couple of years to come.
It could be at any age, it could be you’re taking GCSE’s, doing a degree later in life, it could be getting a qualification you’re doing alongside your career.
Think about an incentive for getting a quality bunch of notes together that you can sell down the line.
Kyle: In terms of commission the site will take commission. It depends on the site.
Nexus notes will take 50% that’s quite a lot. Stuvia will take 30% so you’re left with the 70% and campus shift will take 15%, so you’re left with 85%.
Again, if you prepare these notes I don’t see why you wouldn’t put it on every single marketplace.
So yes, you might be making less for Nexus notes, but maybe they’re selling more.
You can put them on to every single one and make money.
The good thing about this is you may only sell four this year but the notes stay on that platform and you can just continuously make money from that. 10 years from now, you might receive a cheque or PayPal, which slightly is 20 bucks or whatever.
Once it is done you can just forget about it and you’ll be making a small amount of cash over time.
Freelance Writing
Harms: Onto the final one which is number seven, freelance writing.
Now this does require a level of skill set.
This is writing based on a demand or a certain requirement that is sent out by a business, industry, an individual business owner and particularly businesses are in desperate need for good writers.
Especially ones that can have the permission to write on multiple platforms. Because if you are in a career you may only be able to write for that one organisation.
Whereas some freelance writers can write freely across all platforms.
And that’s the way they decide to make their money rather than one source of income, pros, and cons for both.
Kyle: There are websites that want lists, they want blog articles which are like these are the top 10 lawn mowers or the top five fake flowers you should use to beautify your wedding.
This is content that does really well online and there are websites that have now set up specifically to find writers who create this content.
There is Listverse they pay $100 per article. They have a very set format like this is what it has to look like.
Then there’s another one called A list apart. Now they pay $200 for a featured article, $100 for a normal list article and $50 for mini articles. That’s a bit more flexible.
Those two are worth looking up.
Not everything that gets submitted gets accepted, obviously, but if you can crack the code and work out how to create the articles they want $100 for a list is good.
The next one I want to look at is International living. This is a very specific one.
They just have a very open writers program and they take a lot of submissions, but they want articles about living around the world in particular to health, and in particular, for older people.
Very specific, but they pay $225 for 900 words and $350 for 1,600-word articles.
They’re paying accordingly for your skill set which is writing.
Kyle: Another one is Funds for writers, they are mainly competition based. The minimum competition pay-out is $200.
But what they’ll do is they’ll get companies and let’s say HSBC want an article about foreign exchange rates, these are the criteria. Funds for writers will post this competition and you write your article and send it in.
If your article wins you win a prize. The minimum pay-out is 200 but I saw a fellowship and you’d be paid $10,000 and you’d have to keep writing for them.
Textbroker is one of the biggest ones out there.
They connect you directly with companies basically and then it’s earning per word depending on your quality level.
The interesting thing about Textbrokers is that as an author on their site, you are rated from one to five stars by the editors on Textbroker.
They review your work and then you are rated.
Depending on your rank you get paid different amounts. If you’ve got two stars it’s 0.7 cents per word. If you’re at three starts it’s 0.95 cents, going all the way to five-star it is 4 cents per word, which at that point can add up quite quickly.
Harms: Then it’s just establishing a brand and for them it’s great because it’s similar to the incentive we discussed in the language learning centres, which is they want you to become one of their go to writers so they know they’ve got this bunch of five-star reliable writers.
Who are going to consistently come to them and get paid well.
When you Google and research this, find out how to become a five-star writer on Text broker, there will be a lot of people sharing that knowledge and wisdom out there as well, and then you can work towards that in a shorter period of time because now you know how to play their game.
What we’re saying is to deeply explore and do your due diligence on every kind of platform that we are talking about and don’t just take Harms and Kyles word for it.
Explore all of these places but ones that appeal to you.
That’s really the thing, it is a bit of a pick and mix. W
hat do you have a natural talent and skill set in and then just pick those items and just develop that income off of that point.
Kyle:
Another freelance writing one is Medium’s partner program. It is a super blog website, so you can write a blog on their platform and as they’re running adverts on their platform you can actually get paid for producing content.
You get paid for how long people spend on your blog articles.
Think of this instead of you having your personal blog on your own personal page.
Instead, you’re writing a blog, but it sits on medium and because medium is advertising revenue from that they reward you for it.
It’s a bit easier than starting your own blog because they give you the platform.
It’s really hard to get the average of how much people make but I got the March 2020 figures, the highest amount earned for a single blog article a single story was $5,100.
I imagine they got a lot of views to make that amount. The highest amount earned by a single author last month was $17,126.
The more interesting thing is the percentage of active writers who are earning over a hundred dollars is 6.9%, which means 93% of people who are writing on the platform are not earning 100 dollars, they are earning less.
That means the vast majority are probably not making anything or they’re making relatively small amounts of cash.
The fact that 7% are earning over a hundred dollars is quite good, if you really dedicate yourself to it hopefully you can be in that 7%, and if you then breakthrough you can make a lot of money apparently.
But it’s something worth looking at if you do like to write if you want to run a blog.
There is a website called Squad help where they run micro-competitions where businesses want to get a name for the business, a name for a project, name for a product or service or whatever it is.
The business will go on to Squad help give descriptions of what my product does, these are the features, the benefits and I need a name.
Freelance writers will type out names they think will be good for this product and all those names are entered into a competition.
The winning name will win between apparently $100 and $300 for winning again, it’s a competition.
If you do not win, you do not make anything but if you are creative, if you’re good at naming things, if you’re good at branding this is a decent one to sign up for because basically you get sent an email with the other current jobs.
If you’re able to quickly look at the description and say we should call it this and you win, great. That’s a nice bit of extra income.
I think this is a nice one to have as a bonus, if you are good at branding. I wouldn’t rely on this to consistently make money.
Fiverr and Upwork are gig marketplaces, they are places where you can either go and buy services, micro-services from people or context to what we’re talking about, you can sell your services.
The range of services on there is absolutely massive.
Harms: Everything from legal, technical, data, website, product description.
Kyle: If you have any of these skills like grant writing, and then suddenly things are drying up a bit at the moment, maybe you can pick up that work somewhere like Fiverr.
Fiverr tends to be a bit cheaper and the gigs a bit simpler than Upwork. Upwork is more expensive and tends to be longer projects like ‘edit my ebook’ rather than write 300 words for a blog article.
This is less and less the case because Fiverr have now introduced Fiverr pro.
Harms: It used to be to get a logo for £5 that’s where it originated from to get something for $5, £5.
Over time customers and also the service providers i.e. it could be you on Fiverr providing a service over time, the ones that provide the best work, the best quality, the best customer service on that platform.
The prices have naturally hit a premium.
There is no not much difference in terms of how much you can charge now on each platform. But there is a difference in terms of what kind of work is applicable.
Kyle: If you have been on Fiverr for a while you have good reviews then you can move into this pro category.
The Fiverr pro blog writers are charging about $150 for a blog article, which gives you an idea of if you have the reputation on a platform like this you can command a relatively high figure.
That’s going to be a lot more than if you’re doing freelance writing for one of the platforms we talked about.
Textbroker is handed to you on a plate, whereas on Fiverr or upwork you need to build up your profile, you need to market yourself.
You own the business, but because you own the business you have the risk as well.
It’s up to you whether that’s something you want to do or maybe you do a combination, maybe you do a bit on Textbroker while you’re setting up your Fiverr and Upwork profiles.
Harms: Just allow your income to do that and then you can say I don’t need to do any more Textbroker work now because I’ve got a consistent amount of writing work coming in from Fiverr.
If it ever dips you know Textbroker is there and what needs to be done there, you may still have a three or four-star profile and you can jump back on there.
But the range of categories are humongous within Fiverr for writing.
Kyle: I would just go have a look at Fiverr and Upwork.
Harms: The category is writing and translation so find in the category section and it will start to bring up lots of areas.
What these platforms do brilliantly is they handle most of the business side for you, so it allows you to do what you’re good at, which is the actual task-base, the process, the work in order to receive the cash.
Kyle: This is also a really good way to test out whether there is actually demand, if you put together a product offering and you start selling really well on Fiverr fantastic, then you know there’s a customer base for what it is you provide and you can go and set up your website.
Set up your own payment processor and do it yourself to make more money.
But you can start on Fiverr to make sure there’s actually a demand for it and let Fiverr deal with all the things like taking payment, marketing, sending notification emails, all of that stuff let them do for now and then do it yourself later.
Harms: We’ve spoken about how to make money by leveraging speaking English online.
Number one is teaching, number two is tutoring, number three is voice work, number four is audio transcription, number five is entrance essays, proofreading, copy edit. Number six is sell your notes from previous years or you’re creating notes to sell in the future.
Finally, freelance writing.
Within those categories is a range of options in terms of how much you’re going to get paid, skill set required, verification required, setup required.
There is a lot of potential out there online to earn a lot, get yourself in that 7% which Kyle mentions in regards to the medium partner programme, that’s probably doable.
But go explore what’s the best way to get within that 7%.
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