5 Online Business Ideas You Can Start Today
Want To Be Your Own Boss? Set Up An Online Business Today.
The last two and a half years have changed most people's relationships with our jobs.
For many of us, it's become clear that we don't have to live that 9-5, commute for three hours a day, boss-pleasing life. There are other opportunities and options out there.
The world of online businesses makes it possible to start a business with little to no capital and without having to quit your day job.
Many online businesses will allow you to set up a company without having to buy any stock in advance, or renting premises, and you won't need to dedicate your whole day to keep it running.
For more ideas visit Nomad Life 101.
Here are 5 ideas for online businesses that you can start as soon as you finish reading this article.
#1 – Dropshipping
Dropshipping services take full advantage of the internet and allow you to sell products without having to buy them in advance or store them anywhere yourself.
A drop shipping company will take orders from customers, they will then buy that exact amount of product straight from a manufacturer, then have the product shipped directly to the customer.
You never need to buy more than you have sold and you never have to store the product yourself. The only upfront money you will need will be to set up the website.
#2 – Sell Your Art
Do you make art? Do you knit or crochet? Do you sew?
Well, you should seriously consider selling it online.
The easiest way to make money online by selling art is to sell prints of physical or digital drawings. You only need to do the drawing once and then you can continue to make money from it for months afterward.
However, if you are hand making individual pieces you can call it bespoke and charge a much higher price for your work.
Make sure that there is a market for the art you are trying to sell. You can test this by setting up a social media page for your work.
#3 – Bookkeeping
We have one of the most horrible tax systems in the world here in America. Because of this, there is no shortage of work for accountants and bookkeepers.
If you have the qualifications and the skills (or are prepared to get them), then there is a huge market out there for you to tap into.
One of the benefits of being a freelance bookkeeper is that you can take on multiple clients at once, and have a bit more variety in your day.
#4 – Publish An Ebook
Just like selling prints of your art, making an Ebook is a great way to warm some passive income.
You only need to write a book once and if it is good enough it can keep earning you money for years.
You don't have to write fiction either, you can write a book about any topic you have expertise in. For example, if you know how to start a business, you can write a book about that. If you know how to train for a marathon, that is another great topic.
Write about what you know and people will want to listen.
#5 – Run An Affiliate Blog
Another great way to make money online is to start a blog and fill it with affiliated content.
What is affiliated content? Well, say you write an article called “best cat toys for under $10”, and you link to the products on Amazon. If you sign up for the Amazon affiliate program, you can earn a small commission every time someone buys a product through the link on your website.
If you write articles about a popular topic and get your site ranking high enough on Google, then you can make a lot of money from a few 1000 word blog posts.
Bonus – Run A Subscription Box Service
We couldn't just leave you with 5 ideas, so here is a bonus one.
If you like a challenge, then you should consider running a curated subscription box service.
Say you wanted to run a makeup-themed service – a customer might tell you what their favorite eyeshadow pallet is. You would then put together a box of items that go well with that eyeshadow pallet.
Or a book service might have you collecting art, candles, and tea inspired by the book.
You need to make sure that you are pricing your box in a way that allows you to make a profit in the end.
