Nowadays everyone has an Internet connection. This is because Internet service providers have made every cheap internet data plan that everyone can afford. Also, some ISP has started to offer a FREE router to their customers to get more leads and connection.
Make Money using your WiFi
Do you know you can make money using your WiFi Hotspot at your home? Wondering how you can earn money from WiFi hotspot? Here is how.
This is almost the best thing that may cut your internet expenses & you can even have your internet connection for FREE just by doing this.
Note: When you buy an internet connection, make sure you purchase an unlimited data plan as for when you sell your internet connection, you don’t know how much bandwidth will be used by your neighbors or someone who use your internet connection of yours.
Suppose you have an Internet connection and a Computer at your home, you are using your Internet on your smartphones, your wife’s smartphone but not using it the entire day.
What you have to do is, ask your neighbor not to renew their internet connection plan or find someone nearby your location who has not an Internet connection but looking for buying a new data plan for their home.
Convenience them to use your WiFi for some money. Ask them to pay you instead of an Internet service provider. He will surely agree with you when you show below calculation to him/her. You can even negotiate the price to make this deal successful.
Average Monthly Internet Cost – $30-40
Yearly Internet Expense – $30-40 x 12 = $360 – $480 / Year
Money payable to you – $180 – $240 / Year
You are asking almost half of the money that he will be spending on the Internet plan at his home. People browse the Internet when they are at home and surf the Internet for watching movies, YouTube videos or browse some website.
Technologyreview.com reports that average American spends average 3-4 hours a day or 24 hours a week. So this is not much data usage and you can sell WiFi to him/her.
Once you both mutually agree using the same WiFi, create a Hotspot and share your WiFi Password with him.
Disclaimer: You should check out the laws in your country before selling your WiFi access. Some country, it is against TOS of Internet bandwidth providers. You should consult with your ISP before taking it to the commercial level.
Control your WiFi Bandwidth
Suppose you are using an Internet connection with 50mbps, create a guest WiFi hotspot and share 20mbps speed with that WiFi hotspot. You can share WiFi speed based on what you both agreed.
You can use these WiFi routers to manage bandwidth between users. You can even block websites or set parental controls on your router. The device like Fingbox also helps you to find out how many devices are connected to your WiFi & kick out unwanted users connected to your WiFi hotspot.
Make More Money
Find more peoples to whom you can sell your WiFi access. If you are good at selling something or having good communication skill, you can easily able to convince more people to use your WiFi.
Take it to the Next Level
If you get success in this & you are an entrepreneur, you can be an Internet service provider and sell your own Internet connection plan & make your living from it.
There are no software or websites I have found that is reliable to sell your WiFi Access using WiFi hotspot connection. You can even hire a software developer to develop customized WiFi hotspot software for your business and sell your WiFi hotspot access with tickets, coupons or for money.
I hope you have enjoyed reading this article and making money with your WiFi connection & be a bandwidth provider your self. If you really enjoyed it, please share it to support us.