Are you wanting to finally start your own business online but aren’t sure which online business ideas to pursue? Even the freelance world is growing around the world.
For example, the U.S. has seen a 78% growth in freelancers, and the U.K. has seen a 59% growth. If you’re wanting a slice of the online business pie read on to explore some of the most promising online business ideas you can start today.
Because everybody starts at a different point and has different goals, I create 4 different categories according to where you are right now and what are the skills knowledge, and resources that you can use to find an online business idea that is right for you.
Of course, jumping from a full-time job working as a professional to start an online business is a big leap, but starting an online career is every time more “normal” —and to be honest, a better option— than the traditional corporate career.
This is not just a list of online business ideas that you can use, you should take these ideas as inspiration and use them to find a great online business for you.
FREE RESOURCES: If you want to go through the process of generating a business idea based on your knowledge, interest, and expertise, download here completely FREE my step-by-step guide on how to find and validate a profitable online business idea.
Online Ideas To Sell Your Knowledge
Did you know that there are 4,208,571,287 internet users? Whether you’re a fitness guru, want to inspire others to chase after their dreams, or are a social media expert, you can apply your skills and sell your knowledge. You can start an online business from home teaching others how to do different training exercises, or how to grow their own business.
Your knowledge is based on the accumulation of all the information and data that you collect over the years in a specific field. Notice here that you don’t need to be an expert. You just need to know enough about a particular subject to help your potential customers.
Or even better, you just need the knowledge required to solve a meaningful problem.
Perfect online business idea to make money by sharing your knowledge and interacting one to one.
Are you passionate about helping others and seeing them succeed? From fashion to relationships there are a variety of ways you can start your online coaching business to help others.
You can help them get the right mindset to begin their own business and succeed as small business owners. The benefit of online coaches is that they help their clients feel more confident in their goals, and go after their dreams.
If you’re a relationship coach, you can help your clients get into the right mindset to get out there in the dating world. As far as a business coach, you’ll guide your clients on making the right decisions without having to tell them what to do or help ambitious professionals to land their dream job helping them to create outstanding resumes and cover letters.
Before you begin coaching, it’s a good idea to check out the platform you’ll be using for online coaching. For example, maybe that’s Zoom. Practice on Zoom and ensure that you’re comfortable with the different functions such as sharing your screen, posting resources, etc.
Speak with your client about the platform you’ll be using, and help them with any technical questions they have. Ensure they have the necessary equipment such as a webcam and microphone.
Consider this business model as an internet business idea if you like to stay in touch with your customers, having one to one conversations, and of course, have good listening skills.
Many people wonder what is the difference between a coaching business and starting a consulting business. In short, as a consulting business, you will be directly involved in your client’s strategy and decisions while as an online coach you support your clients based on your knowledge and expertise so they can make the right decisions.
You can start a business from home being a social media manager. If you have a social media account you already have some experience.
As a social media marketing consultant, you’ll help businesses attract their customers with social media posts. You can use free resources such as Canva to design different attractive posts for your clients. Check out free stock image sites to use as well such as Unsplash.
Another option is what’s known as an SEO consultant. This is where you come up with a plan to help businesses with SEO to stand out in search engines.
SEO stands for search engine optimization. When you type a word or phrase into a search engine, that’s known as a keyword.
There are many ways that you can help other businesses with marketing skills. For example, you can be a PPC expert and help your clients to get the most with Google Ads and Facebook Ads becoming their Ad management business expert.
There’s also a small business consultant. You’ll give business owners advice and resources to improve their organization’s production. You’ll help identify different problems and come up with a solution.
But you can consider other skills and knowledge that you can transform into a business idea, for example, if you offer your services as an external accountant or financial advisor.
Create an Info Product
Information products are products with knowledge for your audience. They can often be downloaded right from your website.
The great thing about creating digital products is how easily you can scale your internet business. Think about it, you can create your product once and keep selling it online automatically at any time.
This is what is called “passive income,” which is a controversial topic among all internet business ideas because many people think of this idea as a business model where you can lie on the beach while your bank account grows without you having to work. That’s not what a passive income business is about.
Create an Online Course
Do you have an idea you can teach others? You have multiple choices if you decide to go this route.
One choice is an online platform such as Udemy where it’s free to upload a course. Since it’s their platform you have to play by their rules though. They also get a cut of your earnings and will promote your course to their audience.
This is a great option if you don’t have an audience quite yet. One con with this route is that you can’t build an email list, the audience is still Udemy’s.
Another option is a paid platform such as Teachable or Thinkrific. You get to keep your earnings by paying them every month to host your course.
For this option, you’ll need to create your own traffic and audience. This can include building your audience or paying for ads. You can also create a free online group on Facebook to increase interest in your audience.
Once you place your course online it can be sold over time, and you’ll only need to update it occasionally to make sure everything is up-to-date. Any questions your students have you’ll answer as well.
Sell an Ebook
Another option is selling an Ebook either on your own platform or online markets such as Amazon. If you sell it on Amazon you’ll need to agree to their terms and understand that they’ll take a portion of your sale.
When you build up an audience for your book, then Amazon is more likely to promote your book. If you sign up for KDP during the process Amazon will advertise your book to their audience. Keep in mind that Amazon is competitive so you’ll want to build traffic yourself as well.
To stand out I suggest you search for strong keywords. You can use the Google Keyword Planner for assistance with this. There are other keyword tools such as Moz as well.
For a more hands-off approach, you can head to freelance markets such as Fiverr or Upwork and find someone who will create your book cover, format your book, even write it for you. Ebooks are a great option since you upload it and then you’re done.
If you are struggling with that you can download here completely FREE my step-by-step guide on how to find and validate a profitable online business idea.
Build an Audience
Whether you’re looking to sell info products, be an online coach, or make money online in other methods, it’s vital to build an audience. When you build your loyal following this is who will trust what you say, and show interest in what you have to say.
Start a Blog
You can start a blog today! I highly recommend Bluehost since they’re the leaders in hosting blogs.
Decide on your niche. A good rule of thumb is to choose something you’re passionate about so you’ll be interested in it for the long-term. Check out Google Trends to see how many people search over time for that topic.
You can set up your domain through Bluehost or transfer your domain over. Once that’s set up you input your address, payment, and done!
Make sure that you choose WordPress during the setup of your website. WordPress is a free software that’s easy to customize and is SEO-friendly.
Once you have your blog set up you’ll want to build free traffic through SEO. You can grow your audience within the first year with blogging.
While you write your blog you’ll want to learn copywriting basics such as keeping it you-focused. This means that when you’re writing you’ll want to talk about the person reading your articles. List benefits not just features as you write.
Whatever is your topic you can create lots of value if you focus on solving real problems. There is a blogger blogging about almost every topic on Earth so don’t limit yourself to big subjects like fitness, business, or travel, narrow down and find a specific audience that will resonate with your business idea.
In order to drive traffic, you can post articles on free websites such as Medium. Head to social media such as Facebook, Pinterest, and Instagram to promote your different articles. For paid traffic, you can pay for ads on these websites.
Podcasting is a great option for online business ideas. On your podcast, you can sell sponsored content, ads, and even affiliate marketing.
Podcasts are a large opportunity now whether you’re looking to teach others how to be freelance writers or have your own news broadcast. As long as you have the right audio equipment you can do it from anywhere. Just upload your content onto social media, websites, or podcast apps.
You’ll first need a high-quality microphone. Keep it 4-6 inches from you.
Avoid USB-only microphones. A good choice is an XLR microphone.
Along with your microphone, you’ll need different accessories. You’ll need a microphone stand to hold your mic. Other accessories are a preamp, shock mount, and a pop filter.
You’ll need your computer as well. Your computer will be used to upload your .mp3 files. It’s a good idea to invest in a computer that’ll last you at least a few years.
Next, you’ll need an audio interface to connect your mic and computer. You’ll also want headphones and a mixer as well.
Check out different audio software for editing such as Adobe Audition or Audacity. Ensure that when you do podcasting you’re providing your audience with valuable content related to your niche.
A membership site is where you have a closed-off part of your website. This is where people who have signed up to gain access can only get into it.
Whether it’s free or paid is up to you. You can use a plugin to block access to all traffic.
Once the barrier is up then they can log in and gain access to different parts of the site and offers. You can have an option where they can interact with you and other members.
You can create various content options for these members such as online courses or ebooks. An example is a website that’s open for traffic but the course is only available to those who sign up for access. If you’re a fitness instructor, it can be a membership site that teaches yoga or other workout plans.
Affiliate Marketing Site
An affiliate marketing site is where you build a blog around recommending different products. These products can be through Amazon associates or different affiliate programs you sign up for. Read the terms and conditions and other policies for each program before you sign up since requirements vary.
Affiliate marketing is where you promote someone else’s product such as an app, software, course, etc. to your audience. In order to succeed with this, you’ll want to provide your audience with valuable content.
As an affiliate marketer, think about yourself as a curator more than an expert recommending to your audience the right product or software doing in-depth reviews that will save them lots of research hours and money.
Within this content, you’ll include different links to your affiliate products. Keep in mind that you’ll always need to disclose that you’re using affiliate links within your post.
You’ll make a percentage off of each item someone buys due to your recommendation. It’s often paid through Paypal, so it’s a good idea to sign up if you haven’t.
Over time, you will build an authoritative site and people will trust in you, that’s the moment when brands will approach you willing to work on specific campaigns based on your influencer marketing capabilities.
Sell Your Skills
You can start a business from home by selling your skills. Whether that’s freelance writing, photography, software engineering, etc.
Starting an online business and make money from it are two different things. This is why every successful online business has to focus on solving meaningful problems for their customers and one of the best ways to do this is by analyzing which skills do you have that other person will be willing to pay for.
Platforms like Upwork, People Per Hour or Fiverr can be very useful to do a little market research and identify the skills that people are paying for right now.
Whether you’re looking to begin content writing or copywriting, there are various options for freelance writers. At the base level, the difference between these 2 is that in copywriting you’re looking to sell something, and in content writing you’re telling your audience about something while providing valuable information.
Content writing is where you create content (such as blog articles) to entertain, educate, or inform your audience. This quality content is what brings your audience back to your site.
You need copywriting in order to sell different products or have your audience sign up. Think of it as Facebook ads, sales pages, or email newsletters.
As a copywriter, you’ll understand the marketing plan and how to make it happen. Even in-store businesses will need your expertise. For example, when you head to the store and read a product’s description, that was written by a copywriter.
Copywriting is focusing on the features and benefits. For example, if you’re selling a 55-inch TV you won’t just list off the features such as that it’s 55-inch, but how that benefits the person reading it. Such as saying, this 55-inch TV is large enough to make it feel real as if you’re right there in the show itself.
Content writing is where you’ll write an article for a client. For example, you head to a website and read a blog post, that’s content writing.
It’s there to educate the audience and teach you something you might not have known. You can find clients on LinkedIn, through your own website from traffic, Fiverr, Upwork, etc.
As a virtual assistant, you’ll provide administrative, technical, or creative support to a business. Many businesses hire virtual assistants for different services that they don’t have the time for.
Virtual assisting is growing and the market forecasts that by 2024 it’s supposed to grow at 26.29% and reach US$12.383 billion!
Virtual assisting can be creating content, ebooks, creating product descriptions for online products, etc. You can join online freelance platforms like Fiverr or Upwork to find your initial clients. It’s a good idea to start at a lower price to attract potential clients, and then once you have a base you can raise your rates.
A low investment business option is a web developer. A web developer is someone who programs and builds using code. There are developers in different avenues such as apps, websites, and even video games!
If you’re a web developer you’ll focus on building website themes for your clients. You’ll need to ensure that their audience can navigate the website with ease and the user experience is optimal. This is especially important if you are building an e-commerce site where a potential customer can easily find any product.
An extra work that you can offer to a client with an e-commerce site could be uploading their data to their site, usually, with hundreds of products, images, and descriptions and they will happily pay for those data entry services.
The ideal website is user-friendly which means you can find where you need to go with ease. As a web developer, you’ll be able to build your own website as well to attract clients.
Web development is broken into 3 segments. There’s the code that you find on a web server which gives power to the mechanics of how the website will work.
There’s also database technology that helps your website run smoothly. There’s also the code that happens within a web browser and decides what clients or customers will view when they happen upon a website.
This is a lucrative freelance position. You can find jobs on Fiverr, Upwork, and other freelance platforms.
Your best bet is to build your website up and market it. If you’re not sure how to market it you can hire another freelancer who is a pro in digital marketing.
You have options within web development as well. For example, you can do back-end, front-end, or full-stack (both front and back-end).
Back-end developers will deal with the server-side of your website. They create the programs and code to power the databases, servers, and complex platforms if you are an app developer.
They make sure that the content is visible and that the colors are correct on your site. They’ll also take a look and ensure all outbound links are working properly. As a full-stack developer, you’ll understand both of these roles.
Finding gigs as a freelancer if you are a website or app developer is relatively easy, you can help other business owners to outsource this work and you can even start your own tech support business.
What Is the Best Online Business To Start?
If you’re asking what the best online businesses are to start that depends on what you’re looking for. Whether you’re looking for the most profitable, easiest, or low investment businesses.
If you’re just starting out, a blog is a good place to start. You can always monetize it to make money which means running ads, affiliate marketing, etc. As you build traffic, you can have partnerships where businesses will pay you to write an article about them.
Blogging is also a low investment option. Think about your niche before beginning.
For example, if you’re a photographer you can provide quality content to other photographers by picking out the right equipment. Or, you can have a blog that appeals to your audience such as talking about choosing the right photographer, photography poses, etc. At the top of your blog and across your social media profiles, you can have services that allow your potential customers to sign up or contact you regarding setting up photography sessions.
What Is the Most Profitable Online Business?
One of the most profitable online business options is offering training. Trainers are those who will teach you about different expertise. If you’re interested in becoming a trainer, think about the niche that you’re skilled to teach others.
You can either offer 1 on 1 training or online courses. Then multiple people can learn your expertise from pre-recorded videos by you.
What Online Business Can I Start With No Money?
If you have a creative edge you can start Etsy with no money. Create different items such as paintings, other artwork, even t-shirt designs that customers can buy. Etsy will take a percentage of your sale since it’s their platform, and they’ll charge a small amount for each listing.
Etsy also gives you the option of signing up for their online ads to showcase your different products to others on the platform. They now showcase your products on other platforms as well such as Facebook.
Another option is to do affiliate marketing on Youtube. Pick out a niche by checking out Google Trends to explore different interests in topics.
Once you have your niche, you can promote different affiliate marketing products. You can head to affiliate marketing platforms such as Clickbank, or see if websites have affiliate programs.
Upload videos on Youtube, and in the description you can add different affiliate products. Make sure that you always let your audience know whenever you’re using affiliate links. To drive traffic use keywords in your videos and the description.
You can even blog for free. Head over to Medium and sign up. Over time you can earn money based on traffic to your articles.
Keep in mind that the cost of starting a business depends on the business model and approach you choose, you can minimize the cost in the examples above, but there will always be a minimal cost to incur.
What Business Can I Do From Home?
From selling your own creations on Etsy to coaching professionals and help them on their career path, resume, and cover letters, you have options when it comes to your online business. You don’t have to leave the comfort of your home to start a blog, sell products online, or create courses. You can always have multiple businesses as well to decide what’s the right fit for you.
The Best Online Business Ideas To Start Today
After exploring this article, you should have a better idea of what online business ideas might be right for you. Are you looking for some guidance in picking out the right online business for you?
As an online entrepreneur myself, I am here to share everything with you that I’ve learned in building my business. Check out my different articles today and search my website for different online businesses you’re interested in.
You’ll learn the top tips, advice, and strategies to get started today. Have questions? Work with me and I’ll answer any questions or concerns you have about my courses.