Your Work From Home Dream
You have a big dream! One day to work from home.
Just you, Your laptop, endless clients and enough money to live the life you want.
But first, you need that golden idea. The one that will help you create the vision you have for your life.
You need some online business ideas to get you started.
Desperate To Find Some Online Business Ideas That Work
Are you struggling to come up with some profitable online business ideas?
Your desperate to start something new but don’t know where to start. Not to mention you want an idea that you know will succeed if you put in the work.
Well, let me help you out.
I’m going to give you 10 online business ideas with specific niche ideas and guidance on how to start each idea.
Cause the quickest way to quitting before you start is trying to reinvent the wheel by trying to come up with something unique.
The truth is that your business venture is more likely to succeed if you take a simple idea that already exists and is proven to be profitable and make it better or put your own unique spin on it.
So Let’s Go!
Profitable Business Ideas
There are 10 models you can start your online business in and for each of these 10 models I’ll break down the types of businesses you can start, how you make money, and roughly how much it would cost to start up.
Whatever business model you choose having a blog is essential to building authenticity. However, having a blog in itself can be a business and a very valid career path.
With the right step by step guide, you can set your blog up in a couple of hours and start building your audience immediately.
The most important thing is to choose a narrow niche that you will be able to dominate and are passionate enough about that you can write about it for the next 5 years.
Turning your blog into a business is all about creating the right products, services and sponsorship’s deals that enable you to make money from your efforts. With the right combination of products and engaged community, you could build your blog into a 6 figure enterprise.
Starting a blog can cost from £25 – £125 depending on what software you plan to use to provide your product and services.
For those of you looking to start a blog that you can make a living from, then continue to read the rest of the article, cause you can pick any of the other areas I’m going to mention below to add to your product/service line to grow your blogging business in addition to Affiliate marketing, Ads, and sponsorship deals.
The options are truly unlimited when it comes to monetizing your blog.
Want to get started, check out these Awesome sites on blogging;
2. Coaching | Consulting | Mentoring
Coaching, Consulting, and Mentoring tend to get lump together and most people will do all three as part of the services they provide.
However, the problem lies with the fact that some people advertising Coaching are really consulting or mentoring.
Let me quickly break down the difference.
A consultant is an expert who will give advice, recommendations, and guidance on what you do, based on their expertise.
A mentor has been there and done that, so is showing how to do it based on their experience.
A Coach, on the other hand, may have experience in the field they coach in but are not going to tell you what to do, they are there to ask the right questions so you can come up with the answers for yourself.
They can also hold you accountable for your actions, making it much harder for you to give up, by providing the support you need to progress faster than you would on your own.
Being a Coach
I suggest if you are going to be a coach, make getting trained a priority.
You can start this type of business in many different niches from Business to Career to Relationship to Money. The possibility of niches to start this type of business it is quite possibly endless.
All three services can be provided as 1-2-1 or group packages and programs. All you need to do is choose what your specific niche will be and go out there and network to get your first clients.
Your first instinct may be to build a website but don’t. You can build a landing page to offer an opt-in, like a free discovery call for coaching, or free assessment for your consulting practice. But that’s it.
Go get your first client in the real world first. Get 3- 5 clients who can give you a review, then use those reviews to build your online website and presents.
It will cost under £50 to start this business model; all you need are business cards, maybe some brochures detailing what you offer.
What to get started as a Coach, check out these websites;
- Coaching Federation
- 3 of The Best Coach Training Program
- Coaching Training
- Recommended Coach Training
3. Writing Services
Starting a writing business is also another model that has very low startup costs. If you have the skill and love writing you can start your business in any of these specialist areas.
- Blog Article Writing
- Kindle eBook Publisher
- CV/Resume Writing
Here are a few sites that can help you in starting your writing business;
- Editing & Proofreading | Link 1| Link 2
- Kindle Publishing
- CV Writing Business
- Transcription Business
- Translation Business
4. Marketing Services
Marketing services are always in demand and it’s an area with ever-increasing demand especially in the online world.
Start with one area such as social media marketing and grow your business by adding the other services. If you pick social media the easiest way to start is to master one platform and become known as a specialist for that platform.
Once you grow your customer base on that platform you can add other platforms and expand your business.
Starting cost again would be under £100 depending on the software you get. It’s a great idea to be familiar with all the software available for the niche you choose and buy the one you feel comfortable with and can master.
So if you’re planning to be a social media manager you should know about Hootsuite, Buffer and Sprout Social, but only buy one to use in your business and be the master of it.
The Marketing Businesses You Could Start
- Digital Marketing
- Social Media Management
- Reputation Management
- Influencer Marketing
- Marketing Strategy
- Content Marketing Services
Here are some sites that can help you get started;
- How To Start a Marketing Agency
- How To Start a Digital Marketing Agency
- How to Become a Social Media Consultant
- How To Get Started in Social Media Marketing
- Starting Your Own Digital Marketing Agency
5. Physical Products
This could be the most expensive area to start a business in if you are not careful about it, but there are several ways you can get started for under £500.
With Dropshipping you’re finding a product you want to sell and see if the supplier is willing to ship directly to your customers.
So, you list the product on your site, your customer buys it and the supplier ships the product directly to the customer.
You never touch the product yourself. You are then only responsible for the selection of the right products, marketing, and customer care.
Drop shipping is becoming very popular again after dropping off for a while. The popularity is mainly because of the next model I’m going to talk about Amazon FBA.
The next level to Dropshipping is to buy the products outright yourself and have them shipped to Amazon for storing & shipping. You list your products on Amazon and Amazon will take care of the shipping for you.
When you use Amazon FBA, all you’ve got to take care of is the Marketing & product sourcing, because Amazon will also take care of the customer service side of things for you also.
With Etsy, you can sell anything from jewellery to downloadable planners. So you can start selling for as little as £0 if you’re going to sell digital downloads.
Etsy is a place for the creatives. So if you are into Arts & Crafts or a designer then Etsy is the place for you to get in front of buyers. Once you sign up for an account there are loads of helpful guides and a community to help you get your first sale.
Good old eBay. Most of us have used eBay at some point either to buy or sell unwanted goods. It’s been around so long that you probably think there’s no room to create a successful business on eBay anymore.
Well, it’s the complete opposite, because it’s been around for so long, it’s a tried and test and trusted marketplace. Get a great product and you’ll make a profit.
6. Teaching Online
This is the best time to jump into this new way of educating people. We are in the midst of great change.
Traditional education is getting more expensive, but more disengaged from what is needed in the real world.
Meanwhile, people are looking to get the latest skills, in the quickest and most effective way possible. So, more and more people are looking online for the answer.
People want to get the information on how to achieve their goal from someone who has done it before. And they want it when they have free time, they want it to fit into their schedule.
So this leaves the door wide open to teaching the thing you are passionate and knowledgeable about. There are new people jumping online every day looking to learn the thing you want to teach.
No matter what business model you choose a course or program should factor into your product and service mix.
So how do you get started in this exciting new area, first you decide what you are going to teach? Depending on the platform you choose to start on and equipment you need, it can cost anywhere from £25 – £80.
Courses can be a mix of Video, Audio, and Worksheets. Which means in terms of equipment you will need Camera [Your Phone will do], Lighting [use natural light the first time around], a good quality mic, video editing software, screen recording software and audio recording software.
Here are my recommends;
Need help with this here are some great places to get information;
You can use the following ways to get your course online;
You can use Udemy or Skillshare to publish your course to a ready market. This is a great place to start if you want to build confidence, create a name for yourself or develop your style. It’s also a great way to test an idea before creating an in-depth program on your own platform.
Online Course Platforms
You can start with one course and create a whole program of courses. All you have to do is come up with the content and market it. Then the platform will create a beautiful interface to deliver it to your audience.
Online Tutor Services
Not quite ready to create a complete course but would like to teach a subject you love, well there are plenty of platforms where you can begin a tutoring service such as Savvy.is.
7. Digital Information Products
Digital products include online courses and eBooks both mentioned above. They also include the following;
- Membership Sites
- Virtual Conferences/summits
- Digital magazines
How do you start, well you have to start creating? Once you know your niche and you’re the model you want to start, start to put the information together and package it in a way that your audience will love.
This is more time intensive upfront, as you have to create the product and then deliver. You can start this business model for under £ 50. Here are some resources to help you get started;
8. Design & Graphic Services
Are you a talented designer, then why not start up your own graphic design agency. You can provide a wide range of services in your agency including but not limited to the following;
- Website Design
- Logo Design
To get started all you need is a laptop, a website, the right software i.e Photoshop, InDesign, Adobe or your preferred choice. Again, this business can be started on your laptop for under £500.
Check out these resources to get you started;
9. Tech-based Businesses
You don’t have to be a techie to start a tech-based business if you have an idea you can hire others to develop the app or software and you can be responsible for marketing and sales.
For tech support, you should be a techie, because you need to know what you’re talking about. But once you are up and running and business is rolling in, this can be outsourced to freelancers.
Startup costs for this type of business can be from £50 to £1000+, depending ON what you are planning to start and how much of the work you will be doing yourself. [Remember there is always a tradeoff between time and money.]
- Website Development
- Website Management
- App Building
- Tech Support
Resources to get you started;
- Starting a Tech Company Without Being Techie
- Start a Tech Company Without Writing Code
- How to Start a SaaS Company
10. Business Services
We are entering the Freelance/Entrepreneur economy; more and more roles are being outsourced by big corporates as well as small companies. There are big opportunities for taking your current job and going freelance.
You could start any of the followings for instants with very low startup costs;
- VA Services
- Consulting & Freelancing
- Project Management
- Recruitment Service
Resources to get started;
- How to Become a VA | Link 1| Link 2
- How to Build a Consulting Business | Link 1| Link 2
- How to become a Freelancer | Link 1| Link 2
The ideas in this article are just the tip of the iceberg, but there should be enough here to make you forget about your excuses and start investigating what to start. What are you waiting for? Download the PDF version of this Article so you can get started.
- Download PDF of this article
- Pick a Model
- Use the resources in the library
- Take action