One of the most exciting and profitable things you will ever do in your life is to be an entrepreneur. Today, entrepreneurs no longer have to be confined to brick and mortar businesses and are not limited by lack of capital either. Online businesses can be started by anyone at very little cost and can be used to target a national or global audience, rather than a localized market.
In this article, we have a list of top 6 online business ideas to start making money NOW. There’s no reason to wait. With our ideas, you will get started right away and establish a consistent cash flow. It doesn’t matter whether you want to take up entrepreneurship full-time or part-time, these online business ideas are meant for everyone.
Here are the Best Online Business Ideas of 2016…
#1: Open an E-Commerce Store – Open an e-commerce store to sell a specific product. It could be something such as baby’s diapers, self-balancing scooters or second-hand books. Today with integrated shopping carts such as Shopify, and other specialized e-commerce software anyone can set up an online store. You can even have the vendors ship the items for you – this will save you the cost of maintaining the inventory.
#2: Coaching – There’s a great demand for coaches today – life coaches, business coaches, fitness and health coaches. As a coach you will help your clients with something that is important to them and essential for their future happiness and prosperity. For example, if you have a lot of experience working for top companies, you can be a business coach and guide young people into entrepreneurship. As a fitness coach, you will help people achieve their fitness goals. As a life coach, you will hear out your clients’ issues and work with them to find a solution.
#3: Social Media Consultant – Social media marketing is considered to be just as important as SEO today. It requires a special set of skills that is not taught in college, but can only be gathered by those with years of social media experience and lots of fans and followers on popular social media sites such as Facebook, Twitter and Instagram. Is this something you can do? As a social media consultant, you will help small and medium-sized businesses run their Facebook, Twitter and Instagram accounts, engage with their audience and keep the posts fresh and interesting.
#4: Web Design – There’s a huge demand for web design firms today especially after Google’s Mobile Friendly guidelines have made it mandatory for all websites to be responsive compatible with all mobile platforms. If you have a lot of experience in web design and work for a web design company, it’s time to strike it out on your own and build your own business. There’s a lot of money to be made here.
#5: Virtual Assistant/Task Manager – With sites such TaskRabbit there’s a huge demand for people who can carry out small tasks or gigs for individuals and businesses. All you need is superb organizational skills, great communication and an ability to get things done, without offering any excuses. You may be called upon to run errands, do basic work on MS Excel and PowerPoint, respond to emails or perform web research.
#6: Remote Technical Support – If you have excellent computer/IT skills you can offer remote technical support to small businesses. A lot of small businesses do not have the basic computer skills and cannot afford to hire dedicated IT personnel either. They need help, and you can provide it remotely. Is this something you can do? There’s a lot of demand for those who are good at solving technical or IT problems quickly and efficiently.
Hope you found the online business ideas given here useful. There are dozens of online business ideas out there and this is by no means a comprehensive list. But it’s a good one to get you started.
Raghav Hegde, Bangalore
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