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An Easy Way To Make Extra Money

July 14th, 2008
Make Money

If you’re looking to make some extra money each month, but don’t really know how, here’s an idea for you: design websites for people and companies who don’t have an online presence. Even if you don’t know how to design websites, you can still make some money every month, if you find some clients. There are thousands of small businesses who do not have websites and will pay a reasonable sum to have one created.

You are going to make money by charging local businesses to have their websites created and outsourcing the job at a lower rate to virtual assistants. The difference in what you’re paid and how much you pay your VA is your profit.

With the use of virtual assistants, you can pretty much find someone to perform any task or project you desire, at the right price. Whether you need a site designed, logo created, or content written, there’s someone out there who’s ready and willing to perform the task.

Find Local Small Businesses

The first thing you want to do is find local businesses that do not have a website. If you just take a look at your local yellow pages, you will find hundreds of potential customers. You could even target businesses that already have websites and upgrade their websites to a more professional looking one. Like I said before, there are many businesses out there that do not have websites. Think about all the small pizza shops, moms who run their businesses from home, the landscaper, carpenter, etc, they are everywhere!

With professional web designers charging $1500 - $5000 to create a site, you can easily charge $600-$1000 with no problem. Of course you won’t charge the same price to everyone, it will depend on the business and how much they can afford.

Outsource the Job

Now that you’ve found a customer, it’s time for you to now create the site. You can get a freelancer to design a site for you for $100-$200 on sites such Elance.com, Rentacoder.com, Guru.com and more. Not long ago, I had a site designed via a freelancer on Elance. The designer did a wonderful job and it only cost me $180. You can probably get the job done for less if you find designers who are new and eager to prove their skills.

Another thing you can do to get a cheap website designed is to create a contest on one of the numerous webmaster forums out there, such as forums.digitalpoint.com, sitepoint.org, designcontest.net, and more. The good thing about starting a design contest is that multiple enter and you get many good quality submissions. Pick your favorite design and declare it the winner.

Even if you were charging $600 per website, and were paying $200 to have it created, you would still net $400 per sale, all without ever spending an a minute on desiging the site. The amount of money you can make is up there. Let’s run some numbers:

Sites Per Month
Annual Revenue
1
$4,800
2
$9,600
4
$19,200
8
$38,400
10
$48,000

As you can see, the numbers add up pretty quickly. The more sites you create, the more money you make. This figure might be higher or lower, you won’t always make a $400 profit. Sometimes you’ll make more and other times you might make less.

Make Extra Money

There are a number of ways to capitalize after you’ve sold the site design. Here are some of them:

  1. Hosting - You can get a dedicated server and host each your customer’s websites. $10-$15 per month from multiple clients quickly add up and is a great source of passive income.
  2. Content Creation - You can charge to create content for the site.
  3. Site Updates - You can become the webmaster of the site and make changes as needed.

This model doesn’t have to be just for web design, you can practically apply it to any job that can be outsourced. The possibilities are endless. Just charge a decent amount and find a cheap virtual assistant. Do you know anyone who is doing anything similar? Have you tried doing this before? I would to hear your thoughts. Leave a comment below. Thanks.

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