These are some of the highest paying online jobs, and some of them cost absolutely nothing to start. Earning two million dollars a year without having to leave your home or do any sort of 9 to 5 job is a life changer.
I mean… that’s like earning $167,000 in a month alone from online jobs! Great, right? You’ll have enough time to spend traveling the world, enough time with family, and enough time to go play golf too. I’m just saying.
With the avalanche of jobs online today, it’s easy to get a job that pays. But the online jobs that pay a lot of money are basically self-employed jobs. I’m not talking survey jargon or testing websites for a living. No.
These online jobs are the ones you’ve probably been hearing about for a long time now. And they pay handsomely if you put your time to them. The best part is, you really don’t need to invest a lot of money to start doing them. You can also choose to focus on one, or more of them depending on what your goals are.
5 Best Jobs that Pay $2 Million Dollars a Year.
Start a blog today and you stand a chance of generating up to $5k/month in a couple of months from now. Blogging gives you a lot of free time to do the things you like while you earn on the side. There are lots of bloggers today who make over $200k/month from their blogs, and with the right calculation, that’s a whooping $2.4 million in a single year – all from blogging. One of the best things about starting a blog of your own is that it gives you a platform to express your knowledge, expertise, and also to provide value.
To get started with blogging right now, checkout my free guide to building a blog that makes money from scratch. Here’s a breakdown of the steps to building a successful blog that really generates money without having to spend years upon years shadowboxing on what works and what doesn’t.
Find your niche.
The first thing you need to do when starting a blog is to find your niche, or to decide on what your blog is going to be about. This is important because it makes it easy for you to create content, build on your authority as an expert in that niche, and provide value to your target audience. Having a niche saves you a lot of time, and your audience doesn’t find it hard to tell what your blog is about.
With time, it’ll be easy to build a name for your blog in that niche, and your audience will come back day after day for more relevant content that heals their pain. If you’re finding it difficult to pick a niche, just choose from the list of most profitable blogging niches below:
- Personal finance
- Real estate
These are some of the niches with the highest prospects of making money in the 2020s. With these niches, you can easily write about products and items that get thousands (if not millions) of searches in a month. Ideally, you want to focus on a niche that throws money back at you because money fuels passion, not the other way around.
Give your blog a name.
The name of your blog is also called the domain name. You want to give your blog a name that’s easy to pronounce and not too long to spell out. One of the best ways to get the perfect domain name for your blog that your audience gets to remember easily is by merging your niche with a unique word. For example if you want to get into the fitness niche, you can have fitnesswithdiggle for a domain name.
Or let’s say you want to get into the health niche, your domain name can be “health”+ any unique word that makes sense and resonates with your target audience. To kill the burden of coming up with the perfect domain name, you can just use your name and move on to the next step. One reason using a personal name for a blog is not very advisable is because it could cripple any chance of selling it out to a third party later.
But if you want to build a blog with no future plans on selling your blog later at all, then using your name for the domain name or name of your blog is probably the best idea. This way, you’re not stuffed or pigeonholed into one niche like health or fitness. You also have the flexibility of changing your niche or writing totally unrelated topics to see where your god zone is (or what niche suits your personality).
Register your domain name and hosting account.
After picking a niche and settling for a domain name of your choice, you want to register your domain name and hosting account with a hosting company. This is just so you get your website online live. Without web hosting, your website can’t exist on the web. Head over to Bluehost.com to register your domain name for free and select a hosting plan of your choice.
Luckily, Bluehost allows you to get away with a free domain name registration, and free secure sockets layer (SSL) among other great stuff like a 99.98% website uptime.
Go to Bluehost.com.
Design your blog.
You want to keep your blog design simple enough for users to navigate, and for search engines to skim through.
For now, you honestly don’t need to buy any plugin or theme unless you want to go pro at the start. Just get done with the domain name and hosting, then you’re good to go with a free theme like Astra. Later on you can bother about getting a paid theme, email plugins and all that.
Create basic blog pages.
These are some really important pages any blog can’t do without. And without them, your blog wouldn’t reflect much credibility in the sight of visitors and search engines. People need to know what your blog is about for them to trust you. They also need to know that they can contact you, and that you’re a real person behind the scene.
And so do search engines. Another reason you need to set up these pages is that your blog will feel and look empty without them. Imagine having a blog with no pages at all; no page talking about the blog, or at least a way to get through to the people running the blog. That’d be bizarre.
Undergo keyword research.
Your blog is pretty new, so you want to embark on keyword research to get a list of keywords that are long and less competitive. These kinds of keywords are called long tail keywords in the search engine optimization industry. And the good news is that they occur in every niche. Right now, you can rank #1 for some long tail keywords in any niche of your choice.
The obvious reason is because these keywords don’t get a high volume of search, they’re longer, and a lot of bloggers don’t want to write about them because of the low search metric.
How to get long tail keywords?
With the help of Google suggest, you can easily get a ton of keywords that you can rank for just by typing in a phrase like “best microwaves for…”, Google Suggest completes the sentence, giving you a cue to a bunch of long tail keyword ideas.
And the “suggest” feature on Google search presents a roll of queries people type frequently. This saves you a lot of money in the beginning of your blogging journey because you don’t have to pay hundreds or thousands of dollars for third-party keyword research tools.
Write your first 10 (or 15) blog posts.
Honestly, quality content matters. And one of the best ways to get traffic is to consistently produce quality content that answers questions with user intent. I’m sure a bunch of 500-word articles won’t cut it where you really need to be helpful.
Forget about anything you’ve read about creating content and just write. Write as though your audience were just right in front of you, and really try to be helpful. This way, you end up creating ultra quality content whenever you sit to write. Ironically, you’ll be pushing out a lot of mini-valuable content because you’re looking to fulfill a word count.
I know it’s hard to create content or press out 1,000 words of text, but start from there if you don’t have the capital to hire writers or frequently pay freelance writers. Again, it’s great to hire freelance writers if you can shell out the money, but it’s your audience. And in the long run, you’ll be the one constantly writing to your audience.
Bottom-lined, create great content that’s transactional and informational. Since there’s a plan to make a ton of money from your blog, you want to create content around the “best” and “top” or “list” products trending, already popular, and new in your niche (or just about any niche).
Share your blog posts on social media first.
Pick one or two social media platforms and consistently share your articles there. You can’t keep up with all of them, because you don’t have to. Focus on sharing every article you publish on one or two of these social media platforms consistently. By doing so, you send direct signals to search engines like Google, and indexing is almost instant.
If Google doesn’t index your content, you really can’t get any traffic (unless you want to focus on Bing). Having a social media page makes both search engines and your target audience trust your blog even more.
Monetize your blog.
Once you start getting traffic to your blog, monetize it with affiliate links and it’s probably the best time to join an ad network. Affiliate links are unique links you attach to products you reference in your regular transactional posts, or reviews. When customers click through these affiliate links on your blog and eventually get to buy any of the products, you get a commission.
So it’s really about getting tailored traffic by harnessing the power of long tail quality content development on a consistent level.
Publish guest posts.
Guest posts are blog posts you publish on other (more popular) blogs. You do this as a genuine way to build your reputation in your industry, drive traffic from the bigger blogs to your blog, and build natural backlinks (links from other blogs to yours) which is a strong way to increase your blog’s ranking power.
Guest posts are an awesome way to quickly scale your blog’s growth. Following these steps, it’ll be hard to not make money after 10 to 14 months of blogging. As for the length of your content, try to stick to 1,000 words per post. Or 1,000+ for regular posts to answer long tail questions no one has answered in your niche.
That’s just what I do and it’s not a traditional route you must follow to break through. You can write, but every article you push out there should cut across 1,000-word minimums just so you don’t end up wasting time writing without ranking at all.
Start your blog now with Bluehost and get a free domain name (just $2.95/month).
Starting up an ecommerce platform will cost you some hundreds of dollars, but just like Jeff Bezos’ Amazon, it can generate several millions in a single month or year for you.
A good design, responsive layout, and intense marketing all mix in to produce the successful ecommerce platform everyone loves.
To start an ecommerce business, you need to know what you’re going up against – sites like Amazon and a host of powerful ecommerce websites in the bandwagon of Amazon competition.
For quick results, you want to streamline your scope of coverage and niche down to selling a particular kind of item, maybe headsets and earbuds.
It’ll be easier to quickly see results in a couple of months with an ecommerce store for headsets or earbuds alone, and it’ll be less work for you.
To get started with building your ecommerce store from scratch to finish, checkout BigCommerce.
It’s currently the best ecommerce platform with everything in place for you to build, maintain, and automate your ecommerce store.
3. Stock trading.
If you want to make $2m in a year, then stock trading is one of the self-employed online businesses on this list that you can start out. To maintain a portfolio of regular trading wins, work closely with a brokerage firm or a personal stockbroker who’ll render a bunch of professional trading/investment advice.
It’ll also help a long way to brush up on your trading skills so that it’s easy to trade not just stocks but the next market on this list. Still don’t know where to look? Start trading with the pros now on RagingBull.com and get to learn everything about stock trading to not lose a dime.
4. Crypto trading.
Getting involved in trading crypto can be really profitable for you if you’re looking at the bright side. Realistically, crypto deals a lot with your greed, humbles you, and if you’re not strong, it could break you. This happens when you get a liquidation alert on every trading position you opened. Learn to trade the markets or work with a crypto broker/brokerage firm.
Crypto traders who trade daily or Hodl crypto coins for a certain period of time enjoy some really juicy profits. If you want to make a lot of money up to $2 million dollars in a year trading crypto, here’s a few things to consider:
Your trading asset has to be well over a million or quarter a million dollars to start with. It’s really possible to trade with $50k and make a profit of $2 million dollars before the end of the year, but that’s if you get the second factor right. Don’t expect to make $2 million dollars in a year after trading your whole year with or securing positions with $1k.
Unless there’s a crazy crypto boom leaving you with 10,000% your trading capital, the odds of making quarter a million dollars are high.
Strategy with a high win rate.
You don’t want to win 100% and lose 110% later on. This is why it’s extremely important to stick to a winning strategy that works best for you. There’s a goal to hit $2m in a year, you only want to trade knowing that you can make money from your trades 90% of the time using a familiar strategy.
Trading particular markets.
If you’re trading futures, you’ll need to have a particular set of markets you dabble in and out of. Know your markets, and don’t just trade every market that you think will become very volatile. You want to trade coins that are stable like XRP, ADA, Litecoin, BTC, Ethereum, and Doge, and avoid coins capable of replicating the LUNA move.
Overtrading the markets can lead to a fatal end. And you don’t want that. This way, you only want to trade within specific times of the day and leave the market after taking a particular profit. It’s one of the many ways to make sure you’re trading with caution, and discipline.
As for crypto or stock or options, risk is part of the business. And if you’re not careful, you’ll liquidate your entire account within the time run of a minute. So, understand everything you can about risk management, and how not to redo the win-lose routine.
To get started with trading crypto, sign up for free on Binance.com. You need to have a Binance account while learning crypto or to trade crypto, and to gain full understanding of every single trading indicator in the wild. Binance is at the top of the crypto trading industry, and it has the most advanced trading options.
5. Build a YouTube channel.
Creating a YouTube channel is totally free, and you can make millions of dollars from it within the space of one year. Thousands of YouTubers will nod in endorsement to this. In 2021 alone, famous YouTuber Mr Beast who’s just 22 years of age at the time of this writing grossed $54m+.
And guess what, he’s nowhere close to some of the highest earning YouTubers on the video-streaming service. What it takes to make this much is a mix of quality and consistency. Firstly, you want to focus on a niche and build your YouTube channel around it.
You may need to invest in getting some of the apparatus you’ll need to create good videos, or get your videos edited by freelancers for as little as $50 bucks. Consistently, you’ll start gathering enough views on YouTube to monetize through affiliate links or natural YouTube ads.
5 Best Jobs that Pay $2 Million Dollars a Year – Final Words.
Here you have them – the self-employed jobs online that pay $2 million dollars a year and much more. With these digital self-employed businesses, you can start earning up to $10k/month, and gradually grow into millions. You may not start seeing a spike in earnings just right away, it takes time to build really profitable passive income streams.
And that’s totally normal. So, you can start your niche blog today to embark on your $2m/year journey, or launch an ecommerce business. You can also get into the world of stock trading, and even start up a YouTube channel on the side for free.
Whichever one you decide to get started with today comes with a potential to generate several hundred thousand dollars per month, ushering you into your first million or couple millions in the space of 12 months. In the end, it burns down to how much effort you bury into your hustle. As per starting a blog or YouTube channel, you could earn crickets in your first year but that’s just normal too.
If you’re consistent at it from the very beginning, that’s where the rewards come. In my first year of blogging on this blog, I didn’t even know what I was doing or what I wanted to do. And it made me $3 because I barely blogged at all in those first 11 months. So, keep at it and you’ll be able to compress your entire work-life and make more money.