How can one earn Rs. 5,00,000 in six months?
1-In today's world, in order to earn a 5 digit amount per month in INR you need two very important things:
- A good Internet Connection
- Zeal to Earn
I am a final year CS engineering student living in bangalore and 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 earning
I 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: Start Applying to jobs matching your forte
I applied on around 50 jobs that required to create simple static websites(That's what I learnt in the past 1 month and the only thing I knew) and wrote a well formed proposal to convince my clients to choose me.
But why will they choose you over another 100 people offering the service? Simple! You charge them really less and you have skills verified by the site.
All it takes you to start a successful career in freelancing is the first job and your rating.
My first job was a beautician startup website which I was doing for $80 (₹4500), pretty cheap compared to standard pricing which is around $150.
I worked really well on the first project and made sure the client was really happy.
Further more, on completion I gave him a $10 additional discount and told him it was a token of appreciation for awarding me my first job. Client was now happy++.
He gave an outstanding feedback and recommended me on Elance. When I applied on the second job, I mentioned him to check the last feedback and again quoted cheap but around $100(₹6200) this time. This time too I managed to get a nice feedback.
Now in two weeks I have already earned ₹10,500by working 1 hour daily i.e., 14 hours.
Following This rule I could now easily make around ₹10,000 per month working for 4-5 hours per week. But wait, if you read my second point on the starting of this post, you will know what I wanted now. More money. ^_^
When you make a website, you need graphics. I learnt photoshop and later illustrator really well to make sure I don't ever pay anyone for the graphics I need for the site and also started taking logo and graphic designing projects to earn an extra ₹5000-₹7000 per month.
Step 3: Secret FORMULA
As I was making around ₹15,000 to ₹20,000only after the third month of working, I realised that money might be easy to make online but there is a pattern on how I can earn more based on highly employable skills I acquire.
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 / JQuery 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. ;)
Incase you reach till step 4 and need to hire a web developer or considering my credibility to post this answer, you can mail me at contact@siwalik.in or hire me athttp://siwalikm.elance.
EDIT : I'm overwhelmed by the tremendous response I got on this thread.
While I'm glad that I could actually motivate many people to start coding, I'm equally glad that this article made me meet some awesome people and finally helped me land a job in one of the fastest growing startups in India.
2-let me list out the top 10 sources of online earning platforms that i have tried and tested!
(If you are good in academics)
1. An off-shoot of Transtutors is better suited to someone who cannot make a long-term commitment to teach a student or does not want to recommend companies to others around him or her. Once you get registered at Transtutors, you can visit the website whenever you have time and answer questions of undergrad, posgrad and other doctoral students worldwide and make money for it.
It offers you two advantages. You can pick and choose to answer questions at your convenience AND you can visit the website WHENEVER you have time. Suppose, you are able to take 2 hours of time one day and are not sure that you will be able to do so everyday – it would be better to answer Transtutors questions rather than opting for online tutoring.
Moreover, Transtutors offers Royalty on the questions you answer. It means that once you have answered a few hundred questions and they are so good that students start buying subscriptions of the website through your answer page, you will earn royalty on the for your entire life. It means that for the answers you give now, you can earn a royalty of about $5,000 per month for lifetime! The site requires zero investment and I highly recommend this site for you to try.
3-In last few years many online earning options have come which give option to earn money sitting at home. Few of the options which i have tried and have worked for me and my friends are:-
Youtube.com:- Start with a video channel about something people are looking for. For example a beauty channel, fashion, interior, cooking etc. Make 1 video per week based on what is #trending. 1st year don't expect anything out of your 52 videos. But once you reach 100 videos, so will see suddenly your videos will start getting lot of views and it will keep on increasing year after year. Most important thing is it is royalty and ad based income so even if you take a break or go on holiday your earnings will not suffer. One of my friend earn Rs. 2 lacs per month from her youtube video channel!!
Most important rule. Write/Blog/Vblog about what is trending. Do you keyword and context research properly at SEO Software, Tools and Resources for Better Marketing or Buffer - A Smarter Way to Share on Social Media
Hire Freelancers & Find Freelance Jobs Online:- Here you become a Freelance service provide in the area of expertise and start bidding on projects. Most important thing to grow your business is quality of project work you do should be extremely high. Don't do too many projects together. But whatever you do should be very high quality. If you are active on this site you can easily get upto 1-2 projects a day in areas like app development, content writing, designing banners, storytelling, social media marketing. On an average within 6-12 months you will start earning Rs.10000 - Rs. 25000 per month from this site.
Online Tutoring, Homework Help, Assignment Help :- If you were / are good at academics in your college days then you can cash it now. Become their tutor and start answering questions on college level math, science, economics, statistics, accounting, finance etc. They will not pay anything upfront (unless it's a scheme which they run as well) but from royalty you will earn a lot of money. One 0f their tutor Subrata Ramuka i spoke to is earning around Rs. 15,000 per month as royalty after answering 2000 questions on this site.
4-With about 17 months in android app development and winning the admob student app challenge regional prize for Asia Pacific, I think I can answer your question.
I think you are talking about a normal not so extraordinary app with 10k downloads. I would say if it has atleast 30% of active users, you would get around USD 100-120 with decent number of ads.
If the retention rate is very less, then show users a lot of ads anyhow they will not keep the app without ads too. But, be careful if it is an app with high retention rate never annoy users with ads.
I have around 12k users for one app which makes 25USD a month where as another app with 15k users make around 400USD. So, eventually it depends on the app itself.
Make an app which sells itself.
All the best.
5-Yes, there are many ways through which you can earn a decent income. And yes, like you have mentioned above there are a lot of scams. Please do not pay any upfront fee for work at home jobs, no matter how much proofs they offer. Genuine work at home jobs are always free. I am earning an easy 10-13K INR consistently for the past few months, that too by working less than 2 hours daily.
Leapforce, is a US based company that provides work at home opportunities across the globe. They mainly provides jobs that can be categorized under "Social Media Ad Rater" or " Search engine result evaluator". They pay $7/ hour(India) . However, you are only allowed to work only for an hour a day (per project) It can vary from project to project. You need upload your resume and a scan copy of your government issued identity proof. Based on the details you have submitted, Leapforce team will contact you back. Upon successful completion, you will be asked to provide your bank details.
You can now login to the website and apply for various projects. You will have to clear a qualification test for each projects you are applying. The more projects you enroll, the more you can earn. Exams are bit tough though. I could only clear one exam out of three I have attempted. Study materials are lengthy and I recommend spending some quality time with the materials before attempting the exam.
Current openings in leapforce can be found here
If you are still not convinced, you can read what other people have to save about Leapforce here: Leapforce Reviews
For me, this serves as a passive income. Where else can you earn 10-13K monthly just by spending 1-2 hours per day? Payments are made in the form of direct bank transfers through Western Union by 25-30th of each month. I am attaching payment proofs for last two months.
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