Create and Start a Services Business
The second most popular way to start a business online is to start your own servicebusiness. There are many different types of service businesses but essentially you
simply provide some sort of service to your client that can be performed remotely. This
leaves a lot to do, so we'll just go over a few ideas.
Virtual Assistants -- Starting this business requires that you understand technology
very well and can identify a niche of services for a particular audience that you can
perform from a distance. Many VAs do administrative tasks, data entry, create and
send newsletters, handle customer service, make phone calls and even update
websites, blogs, and other technical activities.
Graphic Designing -- This is a great career than can be done completely online. If you
have experience creating graphics such as website banners, eBook covers,
brochures, business cards, logos, infographics and other types of graphics then you
can likely start making money tomorrow. This is a very high demand area of service
that can be conducted entirely online.
Copy Writing -- All websites, sales pages, blogs, social media, information products
and so forth have to be written by someone. Sometimes a site owner will do it all
themselves, but many times they outsource these tasks to someone else. This is a very
high demand online profession right now. Simply go online to elance.com to look at all
the job postings for copywriters.
Consulting/Coaching -- If you already do something well as a career, you might be
able to turn that into a lucrative online business consulting with others. Have you
already published a number of books online? You could become a consultant to
would-be authors. Have you already created a wonderful profitable affiliate website?
You could consult with other people who want to do the same thing. Have you lost a lot
of weight? You could help others.
Having an online services business is a fast way to start making cash now. It's how a
lot of people started before they moved ahead and started adding more to their
offerings. Tee Cash Kit is a great way to make a full time living from home online. But, the downside
is that you must be a self-starter and confident in your abilities to perform at a high
enough level to find the clients and make money. No one is going to send the clients to
you on a platter; you'll have to market just as hard as you would any of the other online
profit models.
Create & Sell Your Own Products
Finally, and this is actually where most successful online entrepreneurs end up. They
start creating and selling their own products. There are so many products you can
create based off your niche and your audience that the possibilities are endless. We'll
go over just a few ideas to help you brainstorm.
Information Products -- These can come in the form of eBooks, eReports, online
courses, email courses and more. An information product seeks to teach, educate and
inform the audience about something important within the niche. For instance, if you
have a blog about decorating your house then you might decide to do an information
product about how to best choose and match colors that look good together. If you're
an affiliate marketer you might write an information product about how to find products
to promote. If you're a virtual assistant, you might want to create an information product
that teaches business owners how to outsource properly. Put on your thinking cap and
you're sure to create something awesome for your audience.
Webinars -- Many people don't think of webinars as products. Usually a webinar is
there to promote a product or service. But a webinar can be the product. You can have
webinars about "how to" do something or "teach" something to others within your
audience. People will pay to watch a live webinar about how to do something they
really want to know how to do. Even if you give a free webinar in order to promote
another product, webinars are really hot right now and can make you money.
Communities -- Membership is a hot way to earn money and a great way to create a
product that offers recurring income. You can create a membership surrounding any
type of niche. Offer a "community only" message board, free lessons, and people will
be happy to pay money to avoid having to look at online advertising and to have
privacy concerns about their online discussions.
Physical Products -- Promoting someone else's lotions and potions and disappointed
by the commission you're making for all your hard work? You can private label your
own products and start your own business selling them. You can also sell arts and
crafts, food and more from your own online store.
Starting your own business selling your own products can be daunting. But, with the
right tools, the right amount of funds to invest, and the ability to afford any necessary
help with the technology, you can get started fast. This is the most work intensive way
to go when wanting to start an online business, but it can be the most rewarding too.
Sometimes the business model with the biggest risks can come with the biggest
rewards.
Wrapping It Up
The most successful profit model will include more than one of the above. For instance
you may start with creating a blog, then you may monetize it by add affiliate marketing,
then you might create your own product, finally you may come full circle and find
affiliates to sell your product. There are pros and cons to every single profit model,
however, the pros far outweigh the cons in every single case.
The important thing is to choose one model, and make that work before moving on to
the next. The biggest hurdle in creating profit online is wanting to do everything at
once. Instead, choose a model, stick to it, and make it work before adding other models
to the mix. You'll find that you can be a lot more successful when you stay focused.
