No doubt, Steemit is an amazing medium to earn money but there are others ways to do that online. I'll walk you through each one of these one by one but before I take you there, I must break your heart and tell you that there is no practical way (except for lottery) to become a millionaire over night, even on steemit you are first required to build reputation and work hard over time to finally get your work recognised by people and earn money. Only hard work and consistency can get you there. Okay so now that we have got that aside, let's make some money -
FREELANCERS
Freelancing sites such as fiverr and freelancer can be used to put skill to work and make money. If you are good at anything and are able to provide a good service in almost any field this is the site for you, this is the job you were looking for. The only requirement is for you to be skillful in any one of the following fields - content writing, logo design, video editing, software design, web development, poster making, data compiling and many more options to select from, work from home and make money with ease.
While on fiverr you are paid a minimum $5, you bid for projects to work upon in freelancer. I believe these are a great opportunity for you to put your skill to some work and start making profit out of it.
AFFILIATE MARKETING & SHORT LINKS EARNING
A Tip -
Start today, everyone's doing it. Don't think much ,no one knows how it will turn out but you gotta atleast give it a shot. You might teach tech, cooking or simply entertain them, just stay original. So go ahead and build an audience for yourself through a youtube channel, a website, a blog or even a facebook page. Add shortened links or/and affiliate marketing links to them and make your audience help you in making some money while they enjoy your content for free. It's a win-win situation I believe.
Do you have a good audience on your youtube channel? Are you a popular college student with lots of instagram followers? Own a popular website, blog or a facebook page? If you got followers you might aswell use that into making profit. Give me a minute and I'll show you how you can make money from being popular.
AFFILIATE MARKETING
Have you ever referred your friend/family or even a stranger to buy a certain product? You must have right? Well, I have. Wouldn't you love it if you could make money out of your references? - Whaattt, can we? Oh yes you can. For example e-commerce giants such as amazon, flipkart etc have an affiliate program through which you can refer people to buy their products and get paid some percentage of transaction by them.
How does it work? - Once you sign up to their affiliate program, in order to earn money you will have to put links to their products wherever you claim to have good audience like a youtube channel, a blog page(like this), a website or even social networking sites (like facebook and instagram). So now when someone buys their product or even goes to their website by clicking through the link which you provided you get paid, accordingly. I have attached a link to amazon's affiliate program, you might need to get more information on it.
SHORT LINKS EARNING
Talking about links, have you noticed youtube links these days? Do they say youtube or youtu.be? 
How exactly? It's simple, use these sites to shorten the links before you add them on your website/blog or facebook page. The more clicks on these links you get, the more they (link shortening sites) pay you.
I hope this blog helped you in any way, these are a great time to start moving online. I urge you to start today instead of letting such opportunities go by.