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5 Essential Skills to Make Money Online
The global outsourcing market has been on the rise for the last decade. The market has had a sharp growth in the past few years owing to the boom of work-from-home culture induced by the pandemic. The online marketplaces are highly dynamic. There are thousands of niches that hire millions of offshore workers. However, as many people are looking for jobs in the online outsourcing platforms, many beginners are struggling to get hired. Here’s a list of 5 soft and hard skills that can help freelancers to earn money online.
5 Essential Skills to Find Jobs on Outsourcing Platforms
Digital Marketing Skills
Digital marketing is essentially a sales job on an online platform. Skills like SEO, social media marketing, email marketing, content marketing, and paid advertising are in high demand on different gig platforms.
SEO and advertising require a good knowledge of content management and promotion strategies which are in high demand in today’s competitive market.
Read more: Top 10 Free Online Digital Marketing Courses
Content Creation Skills
Another highly demanded skill for making money online is content creation skills. Content creation can range from writing to video production, graphics design, and photography. Among these, graphics design and video production are in high demand.
Content creation requires high level of technical skills regardless of the niche. As a result, it generally pays a lot more than low-skilled high-volume gigs like web research and data entry online jobs.
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E-Commerce Skills
E-commerce is the future of shopping. Globally e-commerce has paved the way for many businesses to tap into target audiences beyond geographical boundaries.
E-commerce skills like online store setup, inventory management, payment processing, and customer service skills are in high demand on online marketplaces.
Besides these affiliate marketing and drop-shipping are promising niches to make stable online earnings. Nowadays, diverse local and international brands are offering commisons for selling products through affiliate links.
These specialized skills will not only help find jobs in the relevant niche but will also help if you plan to start your own e-commerce or drop shipping businesses.
Read more: Online Business: How to Get Started from Home?
Analytics and Data Science
Data Science jobs are in high demand globally because of the offshore nature and high pay structure of the industry. Technical skills like data science certification, Google Analytics certification, A/B Testing, etc are in high demand for business and platform growth.
Many organizations employ data scientists on an offshore or contractual basis making it a lucrative skill to earn money from the comfort of your home.
Read more: How to Be a Data Analyst from CSE or Non-CSE Backgrounds?
Which Outsourcing Skills Could Be Replaced by AI?
Now is a better time than ever to start earning anytime, anywhere with the help of tech. The increasing tech penetration in everyday life has paved the way for many earning opportunities using the right skills and the internet. But among the flurry of opportunities, there are also risks of getting replaced by AI. Let’s take a look into some popular online money-making skills that can be replaced by AI.
Online Money-Making Skills that AI Can Replace in Future
The online money-making skills can be classified into two categories – one that involves soft skills and others that are hard skills.
The problem with soft-skilled online jobs is that they require less technical skills. They are abundant and the online job markets are already saturated with them. Because of the nature of these jobs, they will soon be replaced by AI which will render most of the workers in these fields jobless.
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Here are some mentionable online work niches that are under threat of being replaced by AI.
Copywriting
Copywriting and content creation have been facing threats of AI for well over a decade now. With the advent of advanced chatbots like ChatGPT, the threat has been simply expedited. It's almost certain that human copywriting will become obsolete soon.
Data Entry
Low-skill jobs like data entry will also be completely replaced by AI soon. There are already powerful tools that can extract and compile data at the push of a button. As the technology gets more streamlined, it is sure to replace the data entry gigs found on different platforms today.
Read more: YouTube Scriptwriter Career Guide: Essential Skills and Free Online Courses
Paid Online Marketing
Paid online marketing mainly involves pay-per-click or PPC advertisement. The paid online marketers create campaigns or ads to target buyers from age-group, geographic location, gender, shopping preference and many other factors.
As the search engines are becoming more optimized and sentient, the AI tools are continuously evolving and improving. In future, business owners may choose machine learning algorithms for managing their PPC campaigns. Therefore, demands for paid online marketers, such as PPC advertisers, may become obsolete in the future.
Client Service
Client service workers are also under threat of being replaced by AI as more and more advanced chatbots enter the market. While there is scope for monetary gains in the short run, it will too become obsolete in the long run.
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Proofreading and Editing
Just like copywriting, proofreading and editing online gigs will also be replaced by AI, albeit at a much slower rate. There’s already advanced software like Grammarly that is spot-on at catching grammatical errors. It's only a matter of time before AI will catch up with editing style and tones as well. But there’s a high chance that the need for highly skilled editors and proofreaders will be around even after 10 years. However, the market size and demand for that would significantly shrink.
It's important to note that these jobs may have a market value today, but in the long run, they will cease to exist for the majority of workers. It's important to identify similar online money-making traps that may bring returns in the short run, but will essentially yield nothing long term.
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Self-learning for Career Growth: Know the Pros and Cons
In today’s rapidly-evolving professional landscape, achieving continuous career growth is a crucial objective for individuals across various industries. One powerful strategy to propel one’s professional career forward is self-learning. This is an approach where individuals take charge of their learning journey. This article delves into self-learning, exploring its advantages and limitations in the context of career advancement.
How Self-learning Strategy Can Help Career Growth
Tailored Learning Experience
Self-learning allows individuals to personalise their learning path according to their unique learning styles, pace, and preferences. In contrast, traditional classroom education often follows a standardised curriculum. Sometimes it might not align perfectly with an individual's specific career goals.
Flexibility and Convenience
Self-learning offers flexibility in terms of when and where one can learn. It accommodates busy professionals who may not have the time to attend regular classes. On the other hand, formal education often requires a fixed schedule and physical presence. This procedure makes it less convenient for those with full-time jobs or other commitments.
Read more: Effective Self-marketing Tips for Job Candidates
Cost-effectiveness
Self-learning can be a cost-effective alternative to formal education. Many online resources and courses are available for free or at a significantly lower cost compared to tuition fees and other expenses associated with traditional education.
Speed of Learning
Self-learners have the freedom to progress at their own pace. They can dive deeper into subjects they find challenging or swiftly move through material they already understand well. In a traditional classroom setting, the pace of learning is determined by the instructor and the class as a whole.
Diverse Learning Resources
The internet provides an abundance of learning resources in various formats. It includes videos, articles, forums, and interactive platforms. Self-learners can access a vast array of materials that cater to different learning preferences. This ensures a comprehensive understanding of the topic at hand.
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Effective Self-marketing Tips for Job Candidates
Finding a new job is a part of career growth for both young and experienced professionals. However, nowadays, every vacancy attracts a multitude of applicants. Sometimes educational qualifications, skills and experiences are not enough to convince the employers. So how can a candidate showcase his or her eligibility for the job? Mastering the art of self-marketing can be the key to improving their career. Let’s find out how self-marketing can help job seekers to get hired.
What is Self-marketing? Why is it Important for Career Growth
Self-marketing is the practice of promoting one’s skills, experience, and personal brand to potential employers. It's about showcasing what makes a job seeker unique and prove why he or she is the best fit for a particular job.
In today's competitive job market, effective self-marketing is vital. It helps a job candidate stand out amid a sea of candidates, emphasizing his or her strengths and achievements. Beyond impressing employers, self-marketing boosts the job seeker’s confidence. It makes a difference in interviews and negotiations.
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Crafting a strong personal brand aligns with an individual’s career goals. It simplifies the attraction of suitable opportunities and valuable connections through networking. In a fast-paced job market, effective self-marketing can be a critical asset for career success, as it showcases both the skills and adaptability of young professionals who are looking for suitable employment scopes .
10 Tips for Marketing Yourself as a Job Candidate
Craft an Outstanding Resume
Crafting an outstanding resume is the cornerstone of successful self-marketing. It involves creating a well-structured document that highlights one’s qualifications, experience, and achievements concisely.
Tailoring your resume to the specific job you are applying for is important. Try to use clear language, quantify your accomplishments with numbers where possible, and ensure it's error-free. Your resume is your first impression on potential employers, so it must captivate their attention and make them eager to learn more about you.
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Nowadays, video resumes are both popular and trendy. Therefore, you can submit video resumes besides the traditional resumes while applying for jobs.
Develop an Elevator Pitch
Developing an elevator pitch is about crafting a brief, compelling introduction of yourself and your skills, like a verbal business card. It should be concise, engaging, and memorable, typically lasting about 30 seconds – the time it takes for an elevator ride.
Your elevator pitch should encapsulate your key qualifications, experience, and what sets you apart from others in your field. It's a powerful tool for networking events, job interviews, or any situation where you need to make a quick and impactful impression.
Read more: Making a Perfect Video Resume: Tips and Tricks
Similar strategies are applicable while you prepare a video resume for any job application process.
Know the Potential Employer
Understanding your potential employer is crucial when marketing yourself as a job candidate. Research the company thoroughly to gain insights into its culture, values, and goals. This knowledge allows you to tailor your application and interview responses to align with what the company is seeking.
Uber Driver Account in Bangladesh: How to Activate, Delete, and Reactivate
As traditional employment models have been changing, many individuals are turning to innovative platforms like Uber to secure their financial future. Uber driving has become synonymous with the gig economy, offering a flexible rewarding income source. However, entering this trendy job requires a clear understanding of the activation process. This article explores the ins and outs of how to activate an Uber driver account in Bangladesh. It also covers the account deletion and reactivation procedures.
Prerequisites for Activating an Uber Driver Account
Prospective Uber drivers have the opportunity to join the platform without the necessity of owning a motorbike or car. However, adherence to ride-sharing regulations is crucial, varying country-wise. For instance, in Bangladesh's perspective, it includes obtaining a ride-sharing enlistment certificate from the Bangladesh Road Transport Authority (BRTA). The certificate can be acquired by the vehicle owner and through Uber's company for those who do not own a vehicle.
Additionally, there is a universal requirement for all Uber drivers in Bangladesh to meet the minimum age criterion of 18 years, as established by the BRTA for driver's licenses.
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Documents Required to Activate Uber Driver Account
For the Driver
- An identity card containing the driver's personal information.
- A profile photograph that adheres to specific guidelines: it must be a well-lit image without glasses, focusing on the driver's full face and top of shoulders. This photo should solely feature the driver's face without the inclusion of a driving license image or any other printed photograph.
- A National Identity Card (NID)
- A valid driving license.
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For the Vehicle (Motorbike/Car)
- Registration form
- Fitness certificate
- Tax token
- Insurance certificate.
If the applicant does not own a vehicle, only the following documents are required:
- National Identity Card (NID) or equivalent identification
- Valid driving license.
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Step-by-Step Guide to Activate an Uber Driver Account
Application Process for BRTA Ride-Sharing Enrollment
Registering the BRTA Service Portal
- Initiate the process by visiting the BRTA Service Portal (https://bsp.brta.gov.bd/register).
- Click on the 'Register' option and verify the email address. Verification involves receiving a confirmation message in the email and an OTP on the mobile number.
- Once verified, log in using the email address or mobile number and password.Access the profile by clicking on the image on the dashboard and complete all required information.
Read more: How to Obtain an International Automobile Driving License from Bangladesh?
Best Platforms to Sell Photos Online and Make Money
Passion for photography transcends mere snapshots; it's a journey of capturing emotions, stories, and moments frozen in time. In today's digital age, this passion can also be a gateway to a rewarding online income stream. The scope of earning by selling photos online is offering photographers a chance to turn their creativity into a lucrative revenue source. It even holds some exciting prospects for shaping up a fulfilling career. Let’s get introduced to the most popular platforms to sell photos online and make money.
7 Best Platforms to Make Money by Selling Photos Online
Adobe Stock
To participate in Adobe Stock content creation, contributors must meet a minimum age requirement of 18 years. For those new to Adobe, they can visit the Adobe Stock Contributor portal (https://contributor.stock.adobe.com) and click the "Join Now" button to create an Adobe ID.
Contributors from Bangladesh should use tax documents like W-8BEN or W-8BEN-E.
Once registration is completed, contributors can start submitting their content to Adobe Stock. However, if the pictures are of a recognized person or someone else's personal property, the contributors’ signature will be required to confirm ownership.
The site pays a 33 percent royalty for each stock image. Contributors typically earn a minimum of USD 0.33 (BDT. 36.23) [USD 1 = BDT 109.7756] to a maximum of USD 21.12 (BDT. 2,318.46) [USD 1 = BDT 109.7756] per image. In this way, they can request payment if the deposit is a minimum of 25 USD (BDT. 2,744.39) [USD 1 = BDT 109.7756].
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Shutterstock
Applicants must be at least 18 years old to get started. To register, they can visit shutterstock's official website and sign up for a Shutterstock contributor account.
Once registered, contributors can start uploading their content. To activate their contributor status, they need to submit several photos. The content will be reviewed by expert team members, and after approval of the first piece of content, the account becomes fully active.
Contributors must include uploading only their original work or content for which they hold copyright. Bangladeshi contributors must submit their tax information through W-8BEN forms.
Earnings are divided into six levels, ranging from 15 to 40 percent based on yearly image licenses or downloads.
For instance, if a customer buys the USD 111.20 package for 30 photos, contributors who receive a 15 percent royalty here will earn 56 cents (BDT 61.44) [USD 1 = BDT 109.7756] per image. In this manner, they can request a withdrawal only after accumulating a minimum of USD 25 (BDT 2,744.39) [USD 1 = BDT 109.7756].
Bangladeshis can choose Payoneer to withdraw the amount and bring it to their local bank account.
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Shiny Object Syndrome in Business, Career: Symptoms, Effects, Prevention
Imagine an earnest entrepreneur who, in the pursuit of staying ahead, constantly switches from one market trend to another. But at the end of the day, he or she finds the ventures faltering. In the same way, some people change professions frequently but fail to make stable career paths in the long run. This perplexing tendency is commonly referred to as the "Shiny Object Syndrome."
What is Shiny Object Syndrome?
Shiny Object Syndrome refers to a tendency to be easily distracted by new, captivating things or ideas. People with this syndrome often jump from one exciting project or concept to another without successfully completing the initial ones. This inclination is a pervasive challenge in both career and business, often leading individuals off track.
In a career context, Shiny Object Syndrome is when an employee frequently switches between different job roles or industries, never fully committing to one path. For instance, someone jumps from marketing to sales to design without gaining expertise in any field.
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In business, it is seen when a company constantly chases after the latest trends or technologies without following a clear strategy. For example, a tech startup keeps shifting its focus from developing one product to another, preventing it from establishing a strong market presence.
Effects of Shiny Object Syndrome in Career
Effects
Shiny Object Syndrome can have significant negative effects on an individual's career trajectory and overall professional development. Some key effects include:
- Stagnated Progress- Inconsistent Skill Development- Reduced Job Satisfaction- Limited Networking Impact - Impaired Decision-Making- Risk of Burnout- Missed Career Potential- Perceived Lack of Commitment- Long-Term Instability- Diminished Personal Brand.
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How Can Professionals Overcome Shiny Object Syndrome?
Define Long-Term Goals
A professional should clarify his or her long-term career goals and aspirations. Having a clear vision of where he or she wants to be in the future can help resist the temptation of fleeting opportunities that don't align with his or her objectives.
Prioritize and Evaluate
Before jumping on a new opportunity, thoroughly evaluate its relevance to goals. One may ask oneself how this opportunity contributes to one’s overall career trajectory and whether it complements one’s strengths.
Create a Focus List
It is better to maintain a list of one’s current career objectives and opportunities that align with them. One can refer to this list whenever a new opportunity arises to assess its potential impact on one’s goals.
Read more: Overcoming Study Gap: How to Start Studying after a Long Break
YouTube Scriptwriter Career Guide: Essential Skills and Free Online Courses
In the digital age, YouTube reigns as a content creation powerhouse, captivating viewers with its diverse array of videos – from vlogs and tutorials to documentaries and skits. As this dynamic platform evolves, creators strive for innovation to captivate their audience. At the heart of a triumphant YouTube video lies its script – the bedrock of engaging storytelling that effectively communicates a video's essence. In today's swiftly shifting landscape, scriptwriting has emerged as a vital skill for YouTube creators aiming to make a lasting impression.
What is Scriptwriting?
Scriptwriting is the process of creating a written document that outlines the dialogue, actions, and directions for a video, film, or any other type of visual production. It serves as a blueprint for the production team, including actors, directors, camera operators, and editors, to follow during the filming or creation process.
Scriptwriting is necessary to make an effective video because it provides a structured and organised framework for storytelling. A well-written script helps ensure that the video's message, plot, and characters are clearly communicated to the audience. It guides the visual and auditory elements, ensuring a cohesive and engaging final product. Without a script, a video might lack direction, coherence, and impact, making it challenging to convey the intended story or message effectively.
Read more: YouTube Video Script Writing: Some Effective Tips and Tricks
Essential Skills to Develop a Career as a YouTube Video Scriptwriter
To become really good at writing scripts for YouTube videos, there are some important skills you should have. These skills are crucial for making videos that are interesting, informative, and fun. Even though skills like being creative and communicating well are important, let's focus on the specific skills you need.
Writing Skills
Being great at writing is very important for a YouTube Video Scriptwriter. You need to know how to use words correctly, like grammar, punctuation, and sentences. This helps you develop scripts that are polished and meaningful, so people enjoy watching your videos.
Editing Skills
A good scriptwriter knows how to make their work better through editing. This means going back over what you wrote and improving it. You check if it makes sense, if it's not too long, and if the ideas flow well. Doing this helps make the script and video more interesting.
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Creativity and Storytelling
A special skill of a great scriptwriter is being creative. This helps you tell stories that grab people's attention. You can make videos that are captivating and leave a strong impression. Your stories should be engaging and memorable.
Video Making Skills
Even though you might not make videos yourself, it's good to know how videos are made. This helps you write scripts that work well when they're turned into videos. Knowing about filming, editing, and how videos are put together helps your scripts become great videos.
Research Skills
Excellent scriptwriters do thorough research. They find accurate information and facts to make the script better. Adding good research makes the content more interesting and reliable for the viewers.
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Knowing the Audience
A smart scriptwriter thinks about the people who will watch the video. This helps you write scripts that people will enjoy. When you know what your audience likes, you can make videos that really connect with them.
Being Able to Adapt
The world of YouTube changes a lot, so a good scriptwriter can change too. You keep up with new trends and what people like. You can write about different things and adjust to what's happening on YouTube. This helps you stay successful over time.
How to Learn Scriptwriting
Learning to write scripts can be a fulfilling creative pursuit. Here's a step-by-step guide with five detailed subheadings to help you get started.
Learning the Basics of Scriptwriting
Introduction to Scriptwriting: Familiarise yourself with the concept of scriptwriting. Understand that scripts are blueprints for films, TV shows, plays, and more.
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Script Formats: Learn the standard industry formats for different types of scripts, such as screenplays, teleplays, and stage plays. Study the layout, formatting, and conventions used in each format.
Exploring Storytelling and Structure
Story Elements: Gain a grasp of fundamental storytelling elements like plot, characters, conflict, and theme. Learn how these components work together to create engaging narratives.
Three-Act Structure: Study the three-act structure commonly used in screenwriting. Understand the setup, confrontation, and resolution phases of a story, and how they contribute to pacing and tension.
Character Development: Learn how to create well-rounded characters with distinct personalities, motivations, and arcs. Understand their role in driving the plot forward.
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Chain of Command in Workplace and Business: Features, Advantages, Disadvantages
In the dynamic world of business and the ever-evolving workplace, maintaining structure and order is crucial. This is where the concept of chain of command comes into play. When discussing the concept of chain of command, we are essentially focusing on the hierarchical structure that outlines reporting relationships and communication channels within an organization. The organizational hierarchy is the backbone of the chain of command. This structure ensures that each employee knows their role, responsibilities, and who they report to.
What is the Chain of Command?
The chain of command signifies the hierarchical arrangement that governs the flow of authority and communication across an organization. It outlines the formal relationships between employees, from top-level management down to the frontline workers.
Each individual in the chain of command has a clear superior to report to. For example at the peak of the diagram, one would find the founder, owner, or CEO (Chief Executive Officer), with those who provide information to them situated directly under them. It creates a structured framework for decision-making and task delegation.
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Features of Chain of Command
Hierarchical Structure
The chain of command plays a pivotal role in establishing a hierarchical structure. It fosters both order and clarity. This meticulously designed system outlines distinct levels of authority. It facilitates seamless communication and streamlined task allocation. Through this framework, responsibilities are clearly defined, leading to efficient workflow and effective collaboration.
Clarity
In a chain of command, roles, and responsibilities are intricately delineated. It leaves no room for ambiguity. This outlining ensures that each individual comprehends their exact position and contributions. The clarity empowers decision-makers with well-defined authority. It fosters alignment and cohesion across the organization through clear lines of command.
Decision-making
The chain of command accelerates the decision-making process by aligning decision authority with hierarchy. This approach curbs confusion and empowers leaders to make well-informed decisions.
This heightens the organization's agility and capacity to respond promptly to challenges and changes. The hierarchical structure ensures decisions are entrusted to individuals with the appropriate expertise, streamlining the decision-making procedure.
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Accountability
The chain of command inherently improves a culture of accountability. Every member comprehends their role and recognizes their responsibility to those in higher positions.
This sense of ownership nurtures a dedication to excellence and performance. It becomes a driving force behind the organization's achievements. The hierarchical structure instills a shared commitment to maintaining high standards and contributing to the organization's success.
Feedback
The chain of command encourages a bottom-to-top flow of feedback. Junior members are provided a platform to communicate insights, express concerns, and present innovative ideas to their superiors. This exchange fosters a collaborative atmosphere. This nurtures a culture of ongoing enhancement and expansion. The organization benefits from a collective effort to improve and evolve.
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Advantages of Chain of Command in the Workplace
Efficient Communication
The chain of command optimizes communication pathways, guaranteeing the uninterrupted flow of information. Employees know their reporting superiors and know where to seek guidance. It facilitates efficient information exchange and eliminates potential bottlenecks.
This structure ensures that relevant information reaches the right individuals promptly. It enhances collaboration, decision-making, and operational efficiency.
Specialization
In the chain of command, employees direct their attention to specific tasks. This specialization cultivates a deeper level of expertise, resulting in specialized productivity. This proficiency drives operational efficiency and plays a vital role in the organization's expansion. A pool of specialized talents collectively contributes to its sustained growth and success.
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Clear Direction
Employees have directives within the chain of command. This eradicates any vagueness, serving as a compass for actions. The chain of command provides a clear roadmap that empowers individuals to execute tasks effectively. This guidance ensures seamless task performance and contributes to streamlined operations.
Stability
Stability contributes to a sound workplace atmosphere. It grants employees a clear understanding of both the organization's trajectory and their own roles within it. This sense of predictability nurtures a conducive environment for productivity. Also, employees navigate their responsibilities with a firm grasp of the organization's direction.
Productivity
Within a hierarchy, supervisors and managers cultivate intimate collaborations with their subordinates. It ensures an understanding of their roles. This involvement enables them to stay informed about ongoing tasks, enhancing accountability. As employees receive guidance toward achievement, their enthusiasm, and efficiency surge. This behavior yields heightened motivation and productivity levels.
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How to Make Money with AI for Beginners and Professionals
Artificial Intelligence (AI) has become a game-changer, transforming industries and how we use technology. As AI and its use grow, many opportunities are also becoming available for people to earn from their skills and knowledge. Whether you are new to AI or an experienced person seeking new opportunities using AI, there are several ways to make money with AI. Let's explore ten profitable ways suitable for beginners and professionals to make money with AI in Bangladesh.
How Beginners and Professionals Can Generate Income with AI
From healthcare to entertainment, AI has completely transformed various industries. As AI keeps progressing, it creates countless opportunities for individuals to utilize it and earn money.
Developing AI Applications
One of the easiest ways to make money using AI skills is by creating AI applications for companies and individuals. For example, you can make special apps like chatbots to help customers, recommendation systems to give personalized suggestions, or systems that can recognize objects in pictures. If you are just starting out, you can begin with tools like TensorFlow or PyTorch, and as you practice more, you will get really good at making AI programs for different things. This will be a strong base for creating all kinds of cool AI applications.
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AI Consulting
Having a profound understanding of AI and its practical applications can lead you to highly rewarding opportunities by offering consulting services. Numerous businesses are eager to implement AI but may lack the expertise to do it effectively. As a consultant, you can assist them in defining AI strategies, choosing suitable technologies, and optimizing existing AI models. This also enables professionals to share their industry insights and experiences.
Generative AI Content
Earning income online by sharing your content has become a popular method. Two main approaches are commonly used: placing ads on blog posts and posting sponsored content on social media.
You can research and create quality content with the help of AI and boost your earnings. However, consistency is key to maintaining a steady income. You must regularly create interesting and unique content to stand out from others.
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Using AI-based tools can significantly aid you in this endeavor. For instance, a tool like Jasper can assist you in generating ideas, conducting research, and writing drafts at a faster pace. It can create content for various platforms, such as blog posts, Instagram captions, or YouTube scripts. This way, you can save time, boost productivity, and expand your online presence.