Along my journey, I’ve launched four separate online businesses. The first one lost me $6,537 in a matter of months, while I completely overestimated the audience size for the second. Both shut down very quickly.
Founded in 2003, Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. It is one of the most popular independent small business publications on the web.
The dramatic growth and success of eBay has spawned many competitors featuring auctions or online marketplaces for diverse items. Whether you want to clean out your closet and sell your designer clothing online, or develop a high-volume online store, you can make extra money or big dollars on sites such as Amazon.com, Etsy.com and more.
When was the last time you went to a new restaurant without looking it up online beforehand? Or bought a product that didn’t have at least a few 5-star reviews? It seems like more and more our world is run on reviews. And you can make money online by writing them. Get started by creating accounts on sites like Vindale research, Software Judge, FameBit, CrowdTap, Influence Central, and Modern Mom. However, before you run off and start writing, be sure to check the small print on each of these sites. Writing reviews isn’t a huge source of guaranteed income and you want to make sure that it’s worth your time before you get going.
I’ve been a seller on Etsy since 2006 and have sold over 10,000 pieces of handmade pottery through that site. In 2014, I opened a second Etsy shop to sell my watercolor paintings…it’s a little slower but a great way to get your art out there. I live in a little tiny town up in the mountains of Colorado, so the online presence has been a wonderful way to be able to create my art in this environment and then sell it all over the world.
You probably have a pretty strong idea of what makes a good website. Is the design clean and easy to navigate? Does the content make sense? Luckily, there are plenty of people out there who want to hear your thoughts. And they’ll even pay you decent money for it (most sites pay ~$10 per 20 minutes, or ~$30 per hour!)
Instead of matching potential couples online, we match puppies to potential owners by helping to eliminate the x-factors that are often associated with buying a puppy, whether online or offline. PuppySpot.com is committed to helping responsible breeders place healthy puppies into happy homes across the country.
The best online business idea is turning your genius, or your own personal know-how, into very sellable, super-valuable, high quality eBooks, online courses, and tutorials that help will people enhance or change their lives. I love this strategy because it is mutually beneficial. You get to share what you love and earn money from it, and others get to learn and benefit from it in the same way you have.
At the forefront of the internet revolution has been ecommerce stores. Nowadays you can get an easy to use, fully functional ecommerce store design for as little as £500; then you just need a domain and hosting. Of course, how much you profit depends on your methods and effectiveness of marketing which might include:
These days, one of the main tools you need to start a business is an internet connection. There are so many different opportunities out there to start businesses online. And in some cases, you don’t even need much more than that connection in order to get your business going. Here are 50 online business ideas you can start right away.
If you’re a longtime reader of Foundr, you’ll be familiar with this simple tool. If you’re not, the business model canvas is basically a worksheet that helps break down the nine essential elements of your business. It’ll allow you to take an objective look at your business idea and consider areas that you might not have thought about before.
Learn from entrepreneurial experts. ($20) The average ticket price for your local entrepreneurial event is $15-$20, the knowledge and connections you get from it though? Priceless. Total cost so far: $127
If you can engage clients and build up attractive social media profiles, then you will be able to attract clients, which makes this a service with value. Again, these projects are posted on freelance sites such as People Per Hour and Elance on a regular basis, so you can start building up clients straight away! Check out these amazing statistics for LinkedIn!
Market your course: The beauty of using a course to make money online is that you can continue to sell it for as long as you’d like. Look for niche communities on Facebook, LinkedIn, or Reddit that might benefit from your content. Guest post on relevant blogs and sites. Look for anywhere you might be able to get in front of the right people. With just a few hours a month you can continue to generate sales.
For those who are getting into the world of ecommerce or looking to start their own online businesses, then do be sure to check out our recent in-depth reviews of ecommerce platforms like Shopify, Big Cartel, and Squarespace, which offer free trials.
If you own a car but barely use it, you can make some easy money online by renting it out on Turo. Before you freak out, rest easy knowing there’s a $1 Million insurance policy on all cars rented on Turo, plus drivers are prescreened.
Next, you’ll need the right tools. You can be as complicated or simple as you want depending on your comfort with audio equipment, but at the minimum you’ll want a microphone and software for recording your voice. Companies like Behringer, Blue, Focusrite, and others sell studio-quality plug-and-play podcast setups that can get you recording today.
Video is growing like crazy. And more and more people are looking for professional help cutting their raw footage into viral-worthy content. If you have the right software and a bit of skill, you can easily make money online as a video editor. Check out these article of Fstoppers on how to become an online video editor and then look for relevant jobs on Mandy.com, Creative Cow Job Search, or ProductionHub.
When you sell a service, you are the product, whether you’re a real estate agent, doctor, lawyer, bed & breakfast owner, auto-mechanic, caterer, hair stylist, fitness trainer, accountant, investment advisor, childcare provider, housekeeper, dog walker, landscaper, whatever.
Lately, I’ve been receiving a lot of questions from people selling a service–or thinking about selling a service–over the web, asking what you need to do differently than those people marketing a physical product.
How do you get inspiration to strike? And what do you do to remember your ideas and put them into action? Share your ideas, or any other unique sites or businesses you’ve found. I’m always looking for strange and intriguing things.
Lastly, you need money to make money. Startups can cost quite a bit to get off the ground. So with your idea and market validation solidified, there are a few different paths you can follow to get your initial “seed” cash:
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
If you happen to have a bit more free time, then reach out to the event organizers and see if you can volunteer or help in any way. That way you’re guaranteed a backstage pass and a higher chance of striking up a conversation with an expert one-on-one than if you just walked in through the door.
Become an Amazon Associate and then use Keyword planner to find an in-demand niche: With more than a million different products to choose from and up to 10% commission the sales you drive, Amazon’s affiliate program is a great place to get started. Browse their available products and see what connects with you. Or take it a step further and use Google’s Keyword Planner to quickly check how many people are searching for a specific term. With affiliate marketing, the more relevant traffic you can pull in, the more you’ll make off your site.