The Internet opens up many opportunities for business people around the world. So it’s no wonder that thousands of new small businesses are registered every year. With risk, research and passion, anyone can turn their small business ideas into reality.
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So, if you’re stuck in a nine-to-five, your dream job is just a few short decisions away. Do you want to choose your own schedule, work from anywhere and/or build a career based on your passion?
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Well, good news. This fantasy doesn’t have to stay in your head. Even if you don’t have a lot of startup funds, there are plenty of online small business ideas that you can start making your dream come true.
E-commerce is a market that seems impossible to crack. Don’t you need warehouses and manufacturers to make and sell products?
You can run an online store without touching inventory. And without vetting the suppliers, with the right platform. This is where the trick comes in.
Dropshipping is a three-tiered business model; your customer places an order and the order is sent directly to the shipper, who then ships it to your customer.
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The supplier uses its own warehouse, and you only take care of marketing and sales. The rest is provided by the caregiver. See the diagram below for how to streamline the e-commerce process.
Of course, the success of any business depends on the quality of your products and suppliers. So use the service as needed.
They vet all suppliers, so you can rest easy knowing you are dealing with a trusted supplier. Best of all, access to Dropshipping suppliers from the US and around the world to find unique products with fast shipping.
So, starting a dropshipping business? You will need an online store and your own domain name. If you are new to web design and online sales, we recommend using an online store builder to save time. It may be more expensive, but it will save you time and energy to focus on your e-commerce business.
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Blogging is inexpensive and easy to start. You can start anytime, anywhere, and it’s a fantastic platform to explore your passion and voice.
First, decide where you want to focus your blog content. It’s something you enjoy and experience. Once you have a solid idea, all you need is a website builder (that supports blogging) and a domain name. We recommend WordPress.com. You can try their service for free, and with their premium plan, you can run your entire website for just $8 a month. Additionally, you will need to purchase a domain name. But don’t worry – .com domains are around $10-15 per year. If you don’t have a domain name, GoDaddy is a great place to find one.
There are several ways to create a blog. But one of the most popular methods is affiliate marketing. This is where you advertise and link to another business’s product or service in your posts and earn a commission every time a sale is made through your affiliate link.
Check out these lifestyle blogs below, with relevant content about something you’re interested in, you can turn your blog into a successful small business, or use it to create a platform for your small business idea.
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Are you an expert on a topic that interests you? So why not turn that passion into a profit by teaching what you love?
Most professionals will focus on creating online courses at some point in their careers. It’s not only an interesting project, it’s also a low-income business model that can be incredibly profitable.
Once you create a class, you can sell it over and over again. You do not need to actively teach the course multiple times.
There is a growing demand for e-learning in various fields. Some notable categories are:
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You can use platforms like Skills to market courses that you are particularly good at. If you think you’re not good at anything, think again. You can even enhance your skills and add your own flair to the courses you create. Check out these watercolor classes:
You can publish your content on a marketplace like Udemy, or you can use an online school builder like Thinkific to write and post your content, depending on your platform of choice. Both ways have advantages and disadvantages.
E-learning marketplaces allow you to do nothing because you usually don’t have to invest upfront. However, they often take a portion of your profits.
Course creators like Thinkific or Teachable allow you to create courses and sell them through your website. That way, you can keep all your earnings. Online course creators usually charge a monthly or annual subscription fee, which usually starts at $30 per month (depending on the platform you choose).
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Some also offer freeware that allows you to test their main features and/or sell a small number of courses hosted on one of their subdomains.
If you’re good at graphic design or drawing in general, start offering your skills to small business owners. When a startup enters the market, branding and design services are often needed.
To look professional online, you should publish an online portfolio. So, just like starting a blog, your initial expenses are focused on domain name, web hosting and website builder. Low cost to start a small business idea.
Interestingly, some website builders are better at creating portfolio websites than others. Some of these include Squarespace, Webley, and Wix. Each of them offers affordable payment plans for beginners and web hosting for you.
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Once your graphic design services and offerings are established, you can offer them directly to businesses. Therefore, a good sense of marketing and networking is essential to succeed in this business.
Also, remember that if you don’t already have the software you need to create professional graphics, you’ll need to purchase it. For example, you can subscribe to Adobe Creative Suite, InDesign, Adobe Illustrator, and Adobe Photoshop. These are just a few examples of very useful programs.
But you can do it on a smaller scale with free and affordable tools like Canva.
Offering illustration services is no different than being a freelance graphic designer in that you need to make a similar investment to get started. That is, your website and software.
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In addition to creating illustrations, logos or mascots with clients, you can sell your work through art community platforms such as Deviantart or Society6.
Or if you’re feeling really creative, shop online for illustrations, cards, pencils, and more at online art marketplaces like Etsy.
If you’re really brave, you can even take your own unique, one-of-a-kind illustration and put it on a t-shirt. So you can sell them as a dropshipping business. The possibilities are endless!
In 2019, more than 88 million people listened to podcasts in the United States. This versatile audio experience has become a favorite background while people love, drive, do homework – or whatever!
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There is no shortage of podcast genres, so you can tap into any interest or passion you may have with this medium.
If you want to do this business, you need to register to receive podcasts. This service stores your audio files and distributes them to all the major podcasting networks – iTunes, Stitcher, TuneIn, Spotify, and more. Podcast hosting costs an average of $10-15 per month.
Of course, if you want to produce great quality podcasts, you’ll also need to invest in some equipment (if you don’t already). This should include a quality headset microphone, which you can get for about $50.
How do you do podcasting? You can try to attract sponsors, ie companies that pay you to advertise their products/services on the podcast. Or, like a blog, you can sell affiliate products and earn a commission. Or, if you have your own products/services to sell, you can promote them on the podcast.
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Do you have any compliments for your magnetic looks and personality? So, you might have what it takes to become a successful Instagram influencer.
Instagram has changed the content of photography. In fact, 200 million Instagram users log into at least one business account per day. That’s why we’re seeing an increase in companies using the popular Instagram influencer to promote their brands.
In fact, with the new Instagram Store, you can sell directly to your Instagram fans! Dropshipping and Instagram influencer rolled into one.
To become an Instagram influencer, you need to choose your niche and stick to it.
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It can be anything from technology to beauty to fitness