8 ideas on how to start an online business

[mostakimvip06]

Most people think about how to become financially independent. How to create what fulfills them, get rid of a job they don't enjoy, stop fulfilling other people's dreams and focus on their own.


I support this, I did it myself when I decided to become an independent entrepreneur. However, before you do that, you need a plan, an idea of ​​what you are going to do. The next step is the courage to take action. ☺


Today I am sharing with you just a few options or ideas that will encourage you to think about taking a step in the direction that will lead you to financial independence.


In an era of complete digitalization, a variety of opportunities for online business are opening up.

And remember, you always have a choice. Even when you think you don't. You just have to step out of your comfort zone and give yourself permission to do it. With heart, courage, and the knowledge that you will succeed.


I told you how I started my journey in a blog post here.



Today I'll tell you about ways you can earn money in the beginning without major investments.


1. Dropshipping

One of the most popular ways to make money online is Dropshipping.


What is dropshipping anyway?


Dropshipping is a business model that simplifies supply chain management through a single online intermediary that connects the buyer with the wholesaler, thereby shortening the supply chain and, of course, margins. This way, the seller does not have a stock of the offered items, but instead routes the order directly to the manufacturer. The intermediary earns a commission.


The main advantages of dropshipping are that the cash flow is not burdened by numerous intermediaries, but connects the manufacturer with the buyer through a single interface at the supply stage, all links in the chain avoid unnecessary inventory. The manufacturer can maintain its anonymity and thus sell the same products at different prices in other markets.


Of course, it is also necessary to be aware of the risks that arise in this case, such as outdated inventory and limited possibilities for checking the quality of the goods sold.




2. Affiliate marketing

Affiliate or referral marketing allows you to make a living by promoting other brands . If you have a knack for marketing products, you can earn a commission on sales by promoting them.


What is affiliate marketing?


Affiliate marketing is the promotion of a product from a specific manufacturer or store, in which the blog owner earns a commission from each product sold. As a rule, the basis of cooperation is an agreement between the blog owner and the affiliate service provider.


To make money through affiliate marketing, you need to have a blog where you regularly publish new interesting and useful content. You can also use it through social networks with some codes.


A great website where you can find companies that offer affiliate marketing is Digistore24.



3. YouTube channel

YouTube.com is the largest video portal owned by Google. With the partner program, you connect with them and YouTube shares the generated revenue with you.


YouTube generates revenue through advertising. Advertisers pay for YouTube advertising, and YouTube shares a portion of the revenue with video content owners.


It's important to focus on one area on your YouTube channel and build a strong abu dhabi telephone code following. The secret to making money on YouTube is to create content that people, or your followers, want.


Once you reach the 1,000 subscriber milestone on YouTube, you can also officially monetize your channel with YouTube ads.

4. Become an influencer

Currently a very popular way to make money online. Especially with the emergence of the Instagram platform. Of course, you have to put a lot of effort into building your personal brand.


It is important to constantly build your follower base. This will get you noticed by companies that work with influencers and you will be able to charge for sponsored posts or receive a commission from the products you represent. There are many opportunities to earn money, but the condition is that you build a personal brand and have a good and large follower base.




5. Create an online course

Do you have special skills that could help others? Why not create an online course that you could sell online to someone who needs that knowledge.


All you need to do is combine your knowledge into a course that presents your step-by-step approach to solving a specific problem or challenge. People are looking for solutions online.


I told you in one of my previous blog posts here why it's worth taking an online course .




6. Publish an e-book

If you don't feel like recording an online course or aren't ready for it yet, write an e-book. Combine your valuable knowledge into a book and offer solutions.


Just like an online course, there are many ways to market an e-book. An e-book can also be a springboard for other content you can offer or for building your personal brand.


You can design an e-book using Canva.




7. Write a blog

Blogging is one of the oldest methods of making money online. If you love writing, why not share it with others. Especially if your content is interesting.


Blogging also builds a following and over time you can incorporate sponsored posts into your blog. You can also sell your own online courses or those of others that are related to the topics you write about.


You can also sell your own physical products or those of your business partners. Of course, you can also build your brand by writing a blog and this way you can get various invitations as a speaker at events, seminars...




8. Become a consultant for the TikTok platform

One of the freshest and trendiest platforms is the TikTok platform. Compared to Instagram, TikTok is a relatively new platform that still has a lot of potential for development. Of course, a lot of knowledge and experience is needed here, especially in the field of marketing and building a personal brand.


If you've mastered Tik Tok, now could be your chance.


Since TikTok is a platform based on short videos, it is extremely important to learn how to create the best promotion for a product or service in a short time. The potential for earning money on this platform is certainly huge.


You can also follow me on this channel, where I share lots of interesting tips and tricks for your business. Join me here.


Now you can start testing and serving online.


To succeed online, you also need a tool to design your posts, marketing materials, e-books, and videos. Great for beginners, Canva is an easy-to-use tool that helps you with your marketing activities.