Remember pet rocks? I am sure a lot of you don’t. Back in 1975 Gary Dahl came up with the idea of a pet rock (a pet that was easy to take care of) and became an instant millionaire! Just think of what he would have done if he could have taken his pet rock online!Billions of people worldwide are now using the internet and that number will continue to grow. Online spending is increasing rapidly and according to Forrester Research will increase 62% by the year 2016. Many small businesses with no online presence will cease to exist.If you are thinking of starting an online business, you have many options from which to choose. Below are ten authentic ideas for your own online business.1. eBooks – Selling digital products of all kinds can be a very lucrative business. eBooks have exploded in popularity over the last few years and will continue to do so. Digital store websites will take your orders and deliver them automatically. With ebooks, there is no need to continually restock your products. One ebook sells many times over. This can be a 100% online business.2. Proofreading Services – Many businesses will gladly pay you to proofread all their documents. Many people miss their own mistakes so they need a fresh pair of eyes to find their errors. You can be those eyes! You can also add editing to your services as well. Once you find the mistakes, you can then get paid to correct them. Professional proofreaders and editors either charge by the word, page, hour or project. This would totally be up to you. You also want to set a minimum price for small jobs.3. Freelance Writer – Bloggers, ezine publishers, magazines, newspapers, etc., are constantly searching for good content for their readers and visitors. You do not have to be a college graduate to become a freelance writer. As long as you can write grammatically correct, helpful, interesting content, you can sell your services. By providing well-written content to all these different companies, you can build a lucrative business.4. Unique Products – If you are creative enough to have discovered your own unique product then selling it online could be the catalyst to your success. You can develop your own online store or you can sell your product via online marketplaces such as Amazon. Using such sites might be a good starting point but be sure to look into developing your own online store.5. Virtual Assistant (VA) – A virtual assistant is a professional who provides administrative, creative and/or technical help to another business. The skills of a VA are usually widespread and similar to an office manager. VA’s can perform many duties including managing appointments, setting up meetings, customer spreadsheets, billing, newsletters, customer inquiries, etc. The list is virtually endless!6. Online Event Planner – Start your own online event planning business by helping other businesses plan and promote their online events. These events could include webinars, online classes, online networking events, online fundraisers, etc.7. Website/Graphic Designer – Designing websites and/or graphics can be a lucrative career but you must be skilled in the appropriate programs. Be sure you know the ins and outs of web and/or graphic design before jumping into this business.8. Freelance Researcher – Many businesses need information, facts, statistics, etc. but are unable to do all the time-consuming research themselves. Offer your services at a good price. Take the time to find all the facts needed. Present them in a professional manner and build a reputation as a good solid researcher.9. Flipping Websites – You know about flipping houses but have you considered that flipping websites can be lucrative as well. Look for websites that are low in price and have potential for success. Tweak them for maximum success and make a high profit.10. Webhost Reseller – Many of the big webhosts offer reseller opportunity. You purchase hosting space from them and resell them to your own customers. This is similar to reselling ebooks. Your income would be recurring as people will continuously pay for their hosting. This can add up to big profits!There are many ways to earn a good living online but be sure to do your research on each one you are considering. Take the time to make a plan and know what you are getting into. Above all else, know this: Building a business (online or offline) requires a great deal of commitment, work and time. Keep this in mind as you are starting and building your business.You will be frustrated at times, overwhelmed and feel like throwing in the towel. Work through those feelings. Remind yourself why you started your own business. It always helped me to think of my family, which is the reason I wanted to work from home. Turn those feelings into determination and commit to becoming a success!
There has been a steady increase of the amount of people looking into the option of starting a business of their own. One main reason for this is that any type of job security is becoming a thing of the past. On top of this, wages for the average worker is dropping, work hours are being reduced and benefits are being slashed. All this adds up to a lot of financial insecurity and discomfort for a lot of people. As a solution to alleviate this, some people are considering starting a business of their own.If this is a direction you are thinking of taking, you should look into an online business first. An online business fits into most people’s lifestyles since they are not necessarily obligated to spend eight hours or more a day on them. This also makes them a very convenient way to secure one’s future by being able to work around everything else you are already in.Here are a few things that you should consider first.Choosing an Online BusinessThere are thousands of business models that you can choose from, which on one hand, will make it a bit easier for you to find something you would be well suited for. The down side to this is that it can get very confusing looking at so many options, that unless you have a general idea in place first, you could end choosing something that isn’t quite what you wanted. You should start with a list of some important things to ensure you only consider an online business that will work best for you.How Much Time Do You Have To Devote?Each online business can be different…some are more time-intensive than others. You will need to be sure to find one that will fit into the amount of time you have to devote to it. If you can only devote an hour a day, you need to make sure not to choose something that will need you to spend five hours per day responding to shipping a product or answering emails.You might need to find a business that is flexible to how much time you give it daily. While you should devote time every day to your business, if you can find one that won’t fall apart if you have to leave it alone for a day or two, this is your best option.How Much Money Will You Be Able To Invest?While it is possible to make money online without an up front investment, the hard truth is that it will be nearly impossible to make a decent living online without investing into it. You need to figure out how much money you have to put into your business up front, and how much you can put in monthly.You probably won’t have much trouble finding a business model that won’t cost a lot of money, but knowing your financial budget will help you choose the right business to venture into.What Are You Interested In?While you do want to make money, it will help to have an interest in the niche you choose. If you aren’t a little passionate about the subject, you are going to have a harder time building your business.There is almost any niche you can think of that you can make money with, be it health, hobbies, pets or teaching others how to operate their own business, so there is little reason why you have to get into a niche you don’t care about.Work Hard and You Will Be RewardedWhen you decide to start your own business, you are putting yourself in position to reap a lot of rewards. Ultimately, you will have to work hard to grow an online business and make good money, but when the business is yours you will get a lot more benefit and satisfaction from the work you put into it. And when you can focus on this venture full-time, it will never make you feel like you’re “working” again.