Starting an online business is a great way to earn an extra income, and work from home.
Depending on the type of online businesses, you can earn $500, $1000 or even a full-time income to replace your day job.
This is why around 30 million Americans operate a home-based business. And many of them are doing it online.
For me, it was freedom. And online business was one of the few businesses I could start with little to no money.
This is one of the best perks of an online internet business. It costs close to nothing to start.
You don’t need to take out personal loans, business loans, or an investor to start.
That’s how I started an income-producing blog. Now I operate 4 online businesses earning a full-time income.
I did it, and you can do it too.
Now the question is what type of online business should you start.
This is because there are so many different types of online business you can start.
Maybe you’ve heard of affiliate marketing or YouTubers raving Amazon business.
Instagrammers and bloggers are also having their prime time earning money.
Each business has its own perks and challenges with big revenue potential.
So, Which Online Business Do You Start?
If you’re not sure which online business idea you want to pursue, that’s ok.
In this article, I’m going to share 7 online business ideas that you can start with almost no money.
Any of which is perfect for a home-based online business and can grow it to bring a full-time income.
So without any further ado, here are 7 best online businesses you can start earning money right away.
1. Create a Blog and Monetize it
One of the best online businesses you can start is a blog. Why?
creating a blog is easy and cheap.
Not to mention the potential income you can earn from your blog is huge.
Blogging can be a lucrative business.
If you’re willing to put in the work and stick to it for the long haul, blogging can be extremely profitable.
In fact, some bloggers make well over $10k per month. Some even go higher than $100k a month. It all depends on your blogging niche and how you monetize your blog.
But keep in mind that you don’t just start a blog and expect the money to start rolling in.
You need to consistently create content. And the content needs to be educational, informative, engaging, and interesting.
It needs to capture your audience’s interest in some way.
What’s more, you need to sell something through the blog. This can be ad space, products, ebooks, sponsored posts, or coaching, etc.
The options are endless.
Some bloggers sell products while others focus on affiliating marketing. What’s important is finding what works for your blog and its audience.
Here are some resources to help you get started with your first blog:
- How to Create a Blog In 15 Minute or Less
- Step-by-Step Guide to Install WordPress Blog on Bluehost
- How to Increase Blog Traffic Through Pinterest Marketing
Having a blog allows you to work from anywhere in the world and get paid.
And once you get the blog going, you can even hire somebody else to run it for you.
All you need is a domain and web host for your site to go live.
2. Get Paid to Write
If managing a blog or selling online seems a bit overwhelming, why not write for other sites or blogs.
If you’re passionate about writing and want to work from home, you can get paid to write.
Believe it or not, freelance writing can be a very lucrative business.
As a writer, you can make well over $100-200 per article. More experience and better skillset you have as a writer, more you can charge.
In writing gigs, the quality of your writing directly translates to more money.
And good writers are always in demand. Yet, they are scarce in quantity.
Most writers starting out making less than $100 per article. But it’s not hard to boost your earnings as you gain more experience.
So how do you get started and book your first writing gig?
First off, find a niche you feel truly passionate about. This is often overlooked but critical because you’ll have to spend a lot of time writing about it. It’s an area you’ll invest a good amount of your time in and research a lot about.
More likely than not, site owners want to hire writers familiar with their topics. This is true for any field whether it’s fashion, food, or personal finance.
It’s because they look for expertise in every piece of writing they publish. And you can only offer this if you have it.
So examine your area of expertise and decide on the niches to focus on.
This will make your client happy and keep them coming back for your writing service.
If you are new to this, start by doing a few guest posts to showcase your writing style and gain some experience.
The bigger the blog or site you can guest post, the better you look to future employers.
Once you’ve done 3-5 guest posts, you’re ready to start advertising yourself as a writer.
There are many more sites you can list yourself. Check out this full list from Entrepeneur.com.
To gain visibility and initial traction, list yourself on multiple sites. Some clients prefer one site over the other, so be ready to be present on many sites.
To sum up, if you possess strong writing skills, you can potentially earn a good income from writing. Also, if your forte is gamers, you can market yourself as an editor to review and edit any errors in writing.