5 minute read
Entrepreneurship: It’s your move
It’s Your Move
Consider these bright ideas to start your own business.
By Yasser Moosa
The best thing about the advent of broadband internet is the ability to start a business without ever leaving your house. In fact, for every idea listed below you can work from anywhere if you have a computer and internet. You don’t even need that much money to get started - just time and persistence.
Here are eight great ways to make money with an online business.
Course Creation You don’t have to be a certified teacher to teach other people what you know. You can simply develop a “how to” step-by-step course using a platform like Teachable.com to deliver the course. You can find ready-made PLR courses, that you can claim as your own, and resell under your business brand. Many successful marketers and online businesses are using this strategy.
Affiliate Marketing An affiliate sells other people’s products (either physical, digital, or both) and receives a commission payment. You can do this via a niche blog or website and a targeted email list. If you build up a big enough list, multiple six figures are possible as you become the go-to source for your niche.
Private Label Rights Content
Creator Other people who work online as bloggers often don’t have enough time to create all their own content. That’s where you come in. If you can either write or hire someone to write for you, you can create high-quality PLR content such as articles, blog posts, eBooks, and more to sell to others to use.
Virtual Assistance Every business needs an assistant or secretary. If you’re good at customer service, organizing, using certain software programs, and other administrative tasks, then you can do them from home online for your clients. You’ll use the technology available to perform the tasks your clients need.
Life, Health, or Business Coach
The coaching business is lucrative. Many coaches make multiple six figures due to the ability to group coach, using technology to deliver coaching on a one-to-many basis. If you’re knowledgeable and like working directly with others, coaching might be a great career for you.
Graphic Designer If you know your way around graphic design software, then you’re in luck, because you can run a very good business online designing websites, advertising graphics, book covers, headers, and more from the comfort of your home office.
Ghostwriter Many smart people have good ideas but not enough time to implement them all. If you’re good at writing, this is a great opportunity to use your craft to help others tell their stories and get paid. You can find clients via by networking in author groups, blogging groups, and other writing groups on Facebook.
Online Business Manager All businesses need to be managed. If you’re good with project management and understand what is involved with business management, and are good at setting up systems and processes, then online business management might be for you. It’s not much different from managing any type of business; you’ll just have to figure out the technology needed to help your clients.
There are literally hundreds of ways to make money online. These are just a few ideas. You can also start a retail store online using Amazon’s Fulfillment Service, or you can start a niche YouTube channel and earn ad revenue. Whatever you decide to do to make money online , it just takes investment and perseverance to make it happen—just like any other type of business.
Online Home Buying
During the pandemic, many homebuyers are touring their homes via the Internet.
Across the nation, stores are shuttered. Restaurants are largely on life support. Realtors, for the most part, like millions of Americans, are working from the safety of home. But with the industry deemed an essential business, is there any such thing as business as usual?
Well, there are always sellers who need to sell and buyers who need to buy and we are still doing business. We’re just doing it differently.
As is being practiced here in the Central Florida area and in most areas of the country, open houses are out for the foreseeable future, and a home may be shown either one-on-one or to the decision makers only. Agents are masked, typically gloved, and under strict obligation to follow stringent sanitation procedures.
Virtual home tours are becoming the norm, a bonus to the most successful agents, a roadblock for those who have not yet mastered the technology – and with inventory low to begin with, escrows are crashing and sellers are putting listings on hold until it is safe to have strangers in their home.
We are in uncharted waters. Title companies and notaries are working virtually, and people are signing documents electronically. Inspectors and appraisers are doing drive-by or virtual home tours, and with mortgage rates at historic lows, there are buyers—especially in the low-to-mid-price ranges—who are ready to make a move.
There is not a lot of movement in the higher price ranges, but we’ve been using 3D home tours and virtual showings with some success for the last few years. Combined with social media postings, electronic signings, and the long-standing relationships we have with our client base, we are still staying busy.
It will slow down, and we know that. But it will also come back when this is over. We are learning new techniques we will probably keep using, because they save so much time and energy.
As more business goes online, many of those who need lender money will not be able to find it. Agents will need to market a lot more creatively and be very up to date on the best financial options for their clients.
We are taking it one day at a time and reaching out to let people know we are here to help them safely and efficiently if they need to buy or sell. Lots of smart people are working hard to find ways to end this pandemic. Until then, we’ll do our best to hunker down, follow the guidelines, and do the best we can to stay productive.