Top 10 online business ideas to become an entrepreneur
“Don’t kill your inner entrepreneur just because you lack money. Entrepreneurship is not done with money, it is done by ideas.”
How often have you wondered about what you could have done if you had the money or the resources?
I’m sure quite often. But money shouldn’t be the reason that stops you from becoming an entrepreneur. Lots of brilliant ideas die before taking birth because there is a misconception that entrepreneurship needs a huge sum of money. This might be true when the internet wasn’t around but ever since the internet guys blessed us with this powerful network, things have changed.
Being able to reach a huge audience with just a few clicks is an opportunity of a lifetime. From net banking, online shopping to online courses and business advertising, the internet has proved its benefits a long time ago.
After having done some research and of course self-realising I concluded that slowly but largely every business is turning internet based. Also, there are businesses that solely operate on the net such as Uber, Alibaba, Ahrefs, Moz, Netflix and many more.
So here are 10 business ideas that can be conducted online and require less investment or no monetary investment at all:
- BLOGGER
Blogging is one of the most trending ideas on the internet. All you have to do is set up a website and start writing. You can either set up a tailor-made website (WordPress or Wix) or build it from scratch. And if you are wondering what to write about here are some topics which top blogs follow: Lifestyle, Food, Travel, Fashion, Digital marketing, DIYs, etc. - YOUTUBER
Youtube has the largest audience on the internet and becoming a Youtuber is a thing now. A Youtuber is a person who posts content as videos on Youtube. The videos can be about anything from vlogs, DIYs, recipes to unboxing, gaming or vines. You have to keep a few things in mind for a great video: Quality of the video, copyrights, authenticity of information and creativity.
In my previous article on Youngsters Journal, I wrote about ways you can use Youtube for your business, check it out here. - GAME DEVELOPMENT
Developing a game takes a little effort because it involves learning a lot of coding. But once you learn how to code its so much fun. Designing your own game, playing with the algorithms, adding effects and giving sound effects is all part of the fun. You can also enable ads to earn money from it. - CREATE AN ONLINE COURSE
Classroom has shifted to online courses. If you have some skills or theories that you can share with others then you can create an online course and put some fee on it. This way you will teach the good things you know as well as earn money sitting at home. Hint: courses in coding, maths, digital marketing or photography can be made.
Check out this website where you have multiple courses to choose from Udemy. - PROMOTION (INSTAGRAM, YOUTUBE)
If you have a good follower count on Instagram or Youtube then you can use it for your benefit. Many brands offer some money in exchange for promotion of their products. If you have a good number of followers and an engaging audience then you can approach a brand to advertise their products in your posts or videos. You will earn some money and plus get the products from the brand. - APP DEVELOPMENT
App development is the creation of apps for mobile devices (Android and IOS). It is another way to start a business. You will have to learn the coding and then you can either develop apps on your own or take up projects. Coding is very interesting, you can learn more every time you develop something. - DIGITAL MARKETING CONSULTANT
Digital marketing includes SEO, Social media marketing, Email Marketing, Market research, etc. These are some of the core elements of digital marketing. It is basically a way of marketing your products and services on the digital platform. There are many digital marketing tools which are used for the purpose of this marketing. A digital marketing consultant has to be an expert in the field and should have proper knowledge of the market he is working in. - STOCK PHOTOGRAPHER
You must have heard of Shutterstock or iStockphoto and wondered what is it all about? Well, if you are a photographer and have a passion for it, you can sell your photographs on these platforms. Stock photography is the supply of photographs for a specific use and charging some money for it. Although it takes time to earn a good sum of money so start as early as possible. - WRITE ON MEDIUM
Medium is one of the best platforms for people who love to write and the best thing about Medium is that it pays you for a great content and good engagement on your articles. There is absolutely no necessity to become a paid member. All you have to do is focus on genuine content and be consistent. - INSTAGRAM SELLING
If you don’t have an e-commerce website but still want to sell your products, Instagram is the one for it. Many accounts sell their products on Instagram. It is a great way to present your products and reach a target audience. You can either take orders via direct messages (DMs) or provide another way of placing orders (WhatsApp, links, etc). The products sold on Instagram usually do well because of the ability to attract customers with eye-catching posts and creative ideas.
So, entrepreneurship without huge capital is possible and the above points were some great ideas. If you still haven’t figured out how to do it, here are some useful tips on how to start your business online from one of the biggest website entrepreneur.
