You’ve thought about it. You’ve gone over countless Online Business ideas in your head and imagined what life would be like if you could quit your job and generate money on the internet.
There’s a lot of evidence out there that shows that without much experience or money, you can create an online business. The Laptop Lifestyle they call it- a vision of working anytime and anywhere while achieving financial freedom and escaping the constraints of the 9-5 routine.
Thinking about it can be scary, after all the steady income of your secure job, the ease of having somebody else tell you what to do every day (instead of trying to figure it out), and the consistent schedule is a no-brainer.
If you don’t have big dreams and goals, you’ll end up working really hard for someone who does
If you’re reading this, then it means you are thinking about taking that step. Just so you know there are online businesses that don’t need you full time,
Try to consider building a side hustle first. It’s a great way to both protect your income and enjoy some personal fulfillment. It allows you to make more money that’ll give you the freedom to pursue your passions, buy things you need or want, and lower any financial worries.
Things to Consider
- Many online businesses can be started with limited startup capital.
- Online Businesses are learnable
- Try to build an online business in a subject or industry that you are passionate and knowledgeable about.
An online business definitely has its appeal, but it also comes with its set of challenges. The truth is, starting a business of any kind is hard work. While some may think of the internet as a get-rich-quick scheme, basic business principles still apply.
In reality, “the web” is just a channel that connects businesses to people. It’s a powerful tool that lets you reach anyone from anywhere in the world. But creating a business with it is still about connecting the right customers with the right offering.
Easy Online Businesses to Start with
If you have a passion or interest in expressing your thoughts and ideas in the written word then you might want to consider blogging.
You may think blogging is all about writing. But written blog posts are just the start. You can post photos, videos, and links to other sites, you can even sell or create an eCommerce store or even accept Ads and Sponsors. This is how you monetize your blog.
2. Self-Publish a Book on Amazon
Have you ever thought of writing a book, but didn’t know where to get started? All the publishing nonsense, editing, and formatting, marketing, etc.?
With Amazon, you can self-publish a book fairly easily, and really make money from it. There are some simple and inexpensive guides to help you write your book which can generate passive income.
The Secret: If you can launch your book and get a few hundred sales in the first week, Amazon will take over and start promoting it for you. This way you can make some real money from it.
3. Become a Freelance Writer, Designer, or Developer
Writers, developers, and graphic designers can start a business based on their talents. As a freelancer, you’ll be able to put your skills to good use by helping people across the world with their projects (while making some money yourself, of course).
Freelancing doesn’t mean committing to months-long projects. You can easily pick up bite-sized tasks that fit your schedule. A good place to start posting your services is at free sites like Fiver and Upwork.
4. Become an Online Teacher
Teaching Online is a low-investment business idea for generating passive income. If you have the knowledge in certain areas like a specific language, or academic subjects, you can work as an Independent contractor for certain platforms which can connect you to your potential clients or you can create your own platform in Skype and Zoom.
Depending on your specialty you do live one on one Coaching or you can put together a high-value video tutorial series or course. Although it requires effort upfront, you would make money on an ongoing basis as people continue to enroll in your course.
Websites like Skillshare and Udemy are platforms where you can advertise your courses.
5. Create a Digital Product
In this Digital fast-paced life people fancy the Ready-Made they just don’t have the time to wait around. So making digital products like social media templates, ebook templates, printables, labels, customized designs and so much more are so in demand.
Websites like Etsy and Creative Market are free-market sources where you can sell and learn more about what products are in demand.
6. Become a Virtual Assistant
A VA helps entrepreneurs, businesses, and executives organize their personal and professional lives. These include a wide range of services ranging from appointment scheduling to basic marketing management and everything in between. And everything is done online.
Are you organized and love working behind the scenes? then you might want to consider becoming a virtual assistant.
- Interact with people from all over the world. All you need is an internet connection to do your work, and you can have the chance to work with international clients and professionals.
- Grow your business into a network of VAs. If you become too busy, you can hire and train VAs to work under you and increase profits.
7. Sell on Ebay
If you love hitting up thrift stores and hunting down great deals, then one great eCommerce business idea is to sell your second-hand treasures online.
Your potential customers want to buy cool stuff, but they don’t have time to dig through old thrift shops to get their hands on that one amazing find.
- The margins are huge. That one hundred dollar LV cap you found over the weekend? Can easily turn it into a $140- $300 vintage collection.
- You’re selling something unique. Nowhere else on the web will people be able to find the vintage collections that you put together.
With a huge customer base, eBay would be a great place to sell your vintage finds.
8. Launch a Dropshipping Store
Build your Online store without Inventory! Yes, Dropshipping is a great way to start a business on a budget. All you need to do is source a pre-existing product from a reputable supplier and have them take care of things like packaging and fulfillment.
This process lets you skip over a lot of obstacles that might be standing in the way of you starting your own business. More importantly, it eliminates the risk of spending too much money on a product only to find out that there’s no market.
9. Become an Affiliate Marketer
Affiliate marketing is when you recommend the product or service of someone by sharing it on a blog or social media, on your website, or on other channels. You earn a commission each time someone converts through your unique referral link or code.
Find an affiliate program that suits your interests, personal brand, and target audience. Once you’ve signed up, start sharing. Create social media posts, blog articles, emails, and other content about how great the product or service you’re promoting is.
Note: Don’t oversaturate your audience with ads, otherwise you risk coming across as spammy or inauthentic.
10. Create a Vlog
Have you watched a YouTube video lately? who hasn’t! This is one of the world’s most popular websites, with more than 2 billion users watching hundreds of millions of hours of videos each day.
Because people seek human connection online, videos are becoming more and more popular and other sites are coming in for a slice of the pie. from TikTok to Instagram to Facebook Live videos. If you’ve always loved the thought of being behind the camera, now is the time- you can leverage YouTube, Tiktok, Instagram’s reach to make money online.
Follow a proven strategy for maximizing views of multiple videos on a regular basis. Create useful, inspiring, and even funny content—something engaging that people want to watch. Eventually, you will build an audience, build a name that your followers will trust. By then you can start monetizing.
11. Become a Copywriter
Copywriting is the art of strategically delivering words (whether written or spoken) that get people to take some form of action. It can range from anything to sales pages, to email marketing, to even quality blog content.
This kind of business makes you work at your own time, anywhere in the world. Another good thing is that learning the skill itself will help you in many areas of online business (i.e. building a blog, affiliate marketing, etc. – when you can write better, all of these become much easier!)
Time to Bring your Online Business Idea to Life
This year is all about taking action Online. With this big list of online business ideas, you have plenty of options to get started with.
Every day is a chance for you to start an online business and create the coveted Work-Life Balance of financial and lifestyle freedom for you and your family.
It’s time to get out there and create your new startup in your spare time. You don’t have to go all in. Start small make it a side hustle and scale from there. The beauty of learning how to start a business online is that it’s completely up to you.
If you can’t decide between an online career or an online business check this post