Dreaming of earning $700, $750, or more per day? With the right strategy, this ambitious goal can become a reality.
As a small business consultant with over 10 years of experience, I‘ve helped hundreds of entrepreneurs build lucrative income streams aligned with their passions.
In this comprehensive guide, I‘ll share 35 proven and realistic ways you can earn $700-750 daily in 2024, along with expert tips to maximize your success.
Leverage Your Skills with High-Value Side Gigs
Freelancing is one of the fastest ways to boost your income by leveraging your expertise. Here are five skill-based side gigs with immense earning potential:
1. Consulting
Management, financial, or IT consultants can earn $100–$300 per hour, translating to $700+ daily with just 5–8 hours of work.
The key is identifying a profitable niche where you can establish thought leadership. According to PayScale, consultants specializing in risk management earn 33% higher fees than general management consultants.
I recommend developing concrete frameworks that clients can implement to achieve quantifiable results. Publish thought leadership content and speak at industry conferences to attract high-paying clients quickly.
2. Freelance Writing
Quality freelance writers make $50–$200 per hour, with top earners commanding upwards of $250 per hour. Writers skilled in lucrative niches like finance and B2B technology can expect fees on the higher end.
Become an expert on industry-specific topics your target clientele care about. Guest posting for popular blogs and having a portfolio full of strategically optimized samples will help you win deals and charge premium rates.
3. Software Development
Freelance developers earn $50–$150 per hour based on tech stack expertise and years of experience. Full-stack or blockchain developers can charge on the higher end of this spectrum.
Stay updated on in-demand skills like React and Node.js. Offer rapid prototyping services to validate and build MVPs for startups on tight budgets. Ongoing maintenance contracts provide recurring revenue.
4. Video Production
Freelance videographers earn $50–$250+ per finished video based on complexity, turnaround time, and any editing required. Those with corporate or advertising agency expertise command the highest rates.
Invest in professional gear and software like Final Cut Pro to deliver exceptional quality. Build a diverse portfolio showcasing your technical skills and creative vision.
5. SEO Specialist
As an SEO consultant, you can charge $80–$150 per hour for proven expertise in areas like technical audits, link building, and keyword research. Demand is especially high for consultants skilled in local SEO tactics.
Stay updated on algorithm changes and SEO tactics through Moz’s blog and Google’s resources. Clearly demonstrate ROI by highlighting improvements in organic traffic and conversions for past clients.
Monetize Your Knowledge with Online Courses & Coaching
Helping others learn specialized knowledge or skillsets allows you to monetize your expertise through recurring revenue models.
6. Create an Online Course
Online course creators earn anywhere from $500–$5,000+ per month, with profits increasing as you build your audience and catalog.
I recommend identifying an underserved niche and outlining a curriculum that solves common pain points. Use your course to establish authority and provide immense value upfront to boost conversions. Price at $99–$199 for maximum ROI.
7. Launch a Membership Site
Membership sites focused on topics like yoga, gardening, or dog training can generate up to $750+ in monthly recurring revenue. Offer premium training programs, Q&As, exclusive discounts, and a community forum as member benefits.
Dedicate time to build genuine connections and trust before monetizing your audience. Gradually layer on paid offerings that enhance the member experience.
8. Start Life Coaching
Life coaches earn $100–$500 per hour based on specialty, experience, and clientele. For example, executive coaches skilled in leadership development average $225 per hour.
Obtain accredited certifications like the ICF credential to command higher fees. Offer packages of 3, 6, or 12 months to secure recurring revenue.
9. Teach an Online Class
Platforms like Udemy and Skillshare pay $15–$20 per student for online classes focused on high-demand topics like photography, marketing, and web development. Top instructors easily generate over $750+ in monthly passive income.
Structure your class into short, engaging video lessons totaling 2–4 hours. Promote through affiliate marketing and email outreach to drive enrollments.
Sell Services or Products Direct to Customers
Unlike freelancing or online courses, the income ceilings are unlimited when you sell your own offerings directly to customers.
10. Start a Shopify Store
Profitable Shopify stores can earn owners $700+ per day through selling customized products, dropshipping goods, or launching their own brands.
Focus on a niche and identify gaps in the market to fill. Plan for $300–$1500 to cover initial inventory, web design, and marketing costs. Leverage Instagram and influencers to boost sales. Offer excellent customer service to build loyalty.
11. Launch a Mobile Service Business
Mobile businesses providing services like dog grooming, vehicle detailing, or power washing can make $200–$500+ per day with the right marketing.
Invest in a customized van or trailer to stand out. Blanket high-income neighborhoods with flyers detailing your services. Get certified in your state for additional credibility.
12. Become an Etsy Shop Owner
The top 5% of Etsy sellers earn over $750 in daily revenue by selling customized arts, crafts, or vintage goods in a niche. Focus on product photography, descriptive listings, and promotable designs.
13. Start Handyman Business
Skilled handymen can earn $500–$1000+ per day helping residential and commercial clients with electrical, plumbing, carpentry, and other property maintenance needs.
Invest in a well-equipped truck or trailer. Join local directories like HomeAdvisor to get hired for larger projects. Offer 24/7 emergency service for premium fees.
14. Provide IT Consulting
Establishing an IT consulting firm allows you to earn $100–$250 per hour solving technology challenges for SMBs. Offer managed services, cloud migrations, cybersecurity, and technical support.
Get key certifications like CompTIA and SOC2 compliance. Hire skilled technicians to deliver services cost-effectively at scale. Provide retainer packages for predictable revenue.
15. Launch Staffing Agency
A niche staffing agency focused on IT, healthcare, or accounting can easily make $750+ per day from 15–30% commissions on placed candidates‘ salaries.
Use AI resume software to quickly source and screen top talent in your niche. Build partnerships with hiring managers to understand their needs.
Unlock Passive Income Streams
The internet has opened up a wealth of options to generate passive income streams that make money with minimal ongoing time investment.
16. Rent Out Property on Airbnb
Airbnb hosts earn an average of $924 per month for a single listing by renting out extra living space to travelers. Popular tourist destinations allow you to charge higher nightly rates.
Professional photography and a detailed listing attract more bookings. Provide hotel-worthy amenities and accommodations. Maintain a 5-star rating through superb hospitality.
17. Launch a Blog with Affiliate Marketing
A niche blog can generate $750+ in monthly affiliate commissions by sharing helpful reviews and recommendations aligned to reader interests. Make money by promoting useful products or software.
Build traffic through SEO optimization and social promotion. Use affiliate links and promotions tastefully to avoid turning off readers.
18. Invest in Dividend Stocks
Dividend investing allows you to earn passive income through quarterly stock dividends. With a diversified portfolio yielding 3–4%, a $200,000 investment can generate $750+ in monthly dividend income.
Focus on stable, established companies paying growing dividends, preferably qualified for lower tax rates. Reinvest dividends to compound earnings over time.
19. Rent Out Parking Spots
Renting out unused parking spots or garage space can make $100–$300+ per month. Pricing depends on location, security, and convenience. Manage listings and payments through apps like SpotHero.
Ensure good visibility, lighting, and access controls for safety. Advertise near transportation hubs, stadiums, and crowded neighborhoods. Offer premium covered or garaged spots.
20. Start a Niche YouTube Channel
YouTubers in popular niches like personal finance and travel hacking can earn $3–$7 per 1,000 video views from ads and sponsorships. It takes time to build an audience, but profits compound once viewership grows.
Commit to a consistent schedule of optimized and search-friendly content. Partner with brands relevant to your niche for sponsored reviews and tutorials.
The Possibilities are Endless
While this guide covers 35 of the top options, there are unlimited possibilities to earn $700, $750 or more each day in 2024. The key is identifying opportunities aligned with your innate strengths, knowledge, and interests. Then implement a sound business strategy focusing on profitability and scalability.
I hope these tips and income ideas spark possibilities tailored to your unique abilities. Reach out anytime if you need help getting started or growing your business! I‘m always happy to offer 1-on-1 guidance to maximize your chances of success.
The new year awaits – now is the time start building the prosperous life and business of your dreams. I believe in you!
