10 Business Ideas You Can Start Online

You have been thinking of starting your own business for years, but you have never gotten around to taking that all-important first step. You are looking for an extra source of income to prepare for the recession that we all know is just around three-cornered. you have already been affected by it and your main income has dried up well. But honestly there's never been a better time in human history to set up a business and of course that is mostly thanks to the internet. in today's Blog I am focusing on businesses that can be scaled online jobs that are limited by your working hours. so, let us not waste any more time and get straight to the 10 businesses you can start right away. that is right not next week not even tomorrow but today. welcome to Gyani Maratha the place where future billionaires come to get inspired.

1.      1.Flipping Goods: Flipping things means buying something from one place and then selling it to somebody else for a higher price. Some people who do it source their products from local stores, bulk sales, and flea markets but you can do the entire thing online and buy items from amazon, eBay and then resell them. Even after fees for processing and delivery, you can make good profits for clicking a few buttons. It’s a clever idea to find a niche you ‘reinterested in and that has potential for big profit. But make sure to look around that niche in detail to get good knowledge of the going rates. The idea is to get good knowledge on the going rates in a specific area more in-depth knowledge than any other people who buy and sell from time to time and that knowledge will give you the ability to make money. After doing it for a while on amazon and finding your niche you might want to start your own website. Just ask Benjamin kix, he made his own website which makes millions of dollars a year specializing in collectible sneakers which often sell for over a thousand dollars a pair.

2.        2.Digital Design Courses: If you have valuable knowledge in a particular area of course you can make money from one-to-one classes online, but that is not scalable. The money you make depends on the number of hours you put in teaching lessons. But there is a way you can scale the same idea beyond the hours you put in. Turn your lessons into an online course. This is a wonderful way of getting exponential sales without exponential operating costs. In other words, you can keep on making money without putting in any more time. Also, if you have a successful blog, you can collect a lot of your best ideas in the form of an eBook and the wonderful thing is if you have already got a following on your blog, you already have a customer base. Well-written eBooks can easily sell for ten dollars to download and if it is great it could sell for more like200. Keep in mind there are a lot of digital courses out there though. So, if you want to differentiate yourself, you will want to find a specific niche and offer a special book.

3.        3.Low-Cost Accessories: Do you know anyone who does not have a smartphone these days. Think about every tech product from phones to smartwatches that can be placed or wrapped in something  .The market is huge .there are lots of websites that sell accessories in bulk and you can turn a pretty decent profit if you know what you're doing .You can go even further and contact suppliers directly to negotiate better deals and figure out the best shipping routes to cut down cost and if you feel fancy you can hire a freelance graphic designer to make you some interesting designs and make a deal with a painting and customs shop to apply the design onto your products and here's a pro tip make sure you also get full rights on the design. Sure, the cost will increase, and you are adding an extra cog into your little machine, but it just might be the right way to distance yourself from the crowd. Will you get rich from this not, but it is a super straightforward business to get into and besides some pocket money you’ll also learn a lot about running a business.

4.        4.Design and Post-Production Agency: In the age of the internet content is everything and every piece of content needs a face. Whether that is a thumbnail, a banner, a cover, or even post-production there is no shortage of work. It is also an interesting domain if you are a highly creative person. Because the competitive advantage will come from your own ability to create better visuals and how good you are with clients. But the competition is too big and hard for this. But think of it this way, the entry barrier for designers is very low because everyone who changed the colour of a background on time is calling themselves a designer now ,so that means if you're actually good and know what you're doing you’re instantly better than the majority of people in the field .Now you also need to get good with handling clients and making good proposals that you actually can complete. People do not mind paying extra if the extra is justified. After you get the hang of this hire some help to manage more projects at a time and you are good to go.

5.       5.Drop Shipping Niche and Viral Products: You cannot have a list like this without mentioning drop shipping. But there's unimportant note here drop shipping can go very poorly if you are doing it wrong. The argument against drop shipping is that profit margins are extremely low, and you need a lot of orders to get some real cash flow. There are also no reason people should buy from you if they can find the same product on a more trusted website like amazon. People get caught up in the trap of drop shipping when they try to make a website that sells everything that can be sold online, and they expand too big into every market. Thinking the more products, they offer the more chances they have. They waste time and energy thinking they are making the next Alibaba and that is the wrong way to do. It there is a website that made close to million dollars in sales by selling only one type of item with one design, a blanket with a burrito prints on it. Others made a lot of money during this pandemic by drop shipping puzzles. People are stuck in the house they have nothing to do so they get puzzles toil time. do you see the trend, think of an item that will make someone go look what I got and then you have got something to work with.

6.       6.Community Oriented Businesses: - We're talking affiliate marketing blogs, podcasts, YouTube channels and everything in between. We decided to place them all into one group because they are all super dependent on one crucial factor community. We can say the genuine business here is community building then it is just a matter of how you monetize it. The thing with these businesses that is often neglected is you need huge numbers of orders or views in order to be profitable. You want to make good money out of your blog you better have a couple million views a month. You want to promote products through affiliate marketing to your community you better have a vast number of loyal followers. Just to be clear we are not saying it is impossible. We are saying if you want to start a blog to make money it is going to take an exceptionally long time until you get. There so unless you are super enthusiastic about writing and creating content it might not be the right call.

7.      7.Concierge Service: Here we go into some juicy stuff. If you do not know by now, a concierge is usually a hotel employee who oversees making sure guests have stuff to do when they stay. There it can involve anything from booking restaurants, making reservations, organizing trips and so on have. You ever planned a trip with your friends and there's always that one-person who takes care of everything from accommodations to the logistics of the entire trip and you think to yourself wow we should really pay you for this because we don’t have the time or know-how to search everything .this can actually be turned into a pretty interesting new age business .think of it like a new age tourism travel and event planning agency. people want to do cool stuff. they have the money to do cool stuff but do not always know where that cool stuff, is and that is where you come in let's say you have a couple of friends who want to plan a trip next year. they want to swim drive speed boats and watch the sunset from an infinity pool every night for two weeks straight. your job is to find the perfect location that has all the amenities they need along with flights transportation to and from the airport everything booked and ready and you get to charge a fee for saving them time and research.

8.       8.Web Optimization and Data Analyst:   A remarkably similar concept to the graphic design agency where you need to have a special skill set beforehand. What can be measured can be tracked and improved and your job is to do just that. Not every business owner knows how to get their websites to come up higher on google or other search engines and of course that means more traffic and more money .If you've got experience in this field you could use it to showbusiness owners how you can use analytics data ,strategic keywords and content structure to get more web traffic and again it’s something you can learn fairly quickly if you're internet savvy.

9.      9.New Age Marketing: Marketing has become such a broad term that nobody can say what exactly it means but think about it like this. Marketing is like movement you can walk, run, ride a bike, or rent a jet if you have the money for it. The purpose is to get you going but it is not about speed it is about efficiency. Do you remember the burrito blanket website from before one of the ways they marketed their product is by promoting photos of cute puppies in burrito blankets on Instagram. Did you say uh already that is what we mean by new age marketing. In order to be successful online you need to know two languages. The first one is obviously English but the second one is internet language. Internet language means understanding what makes a meme funny. Why are tick tock clips going viral? Why the cake is a lie and what is on the hot page on reddit right now. You cannot really learn internet language it is something you just acquire by spending a lot of time online and if you have the business skills too you can turn this useless knowledge into a marketing agency.

10.    10.Atomation and Bots: No surprises here if you could build a system that automates the process. what are you even doing here do it? Like it or not automated processes are replacing people, so make sure you are the one who builds them. This is not a matter of right or wrong or if it is ethical or not. The industrial revolution will repeat itself and it will not wait for you to be comfortable with the idea. People are so resistant to change to the point where they fail to see that progress is made to make our lives easier. Try to be ahead of the curve and that is it for this blog. I hope you learned something new, and I opened your eyes to the opportunities you can get online. What business do you think should have made it onto the list let me know in the comments and of course as a thank you for staying with us until the end.

 

Thank you & see you back in next blog.