Blogging is still a viable online business idea, and one with as much potential as ever. Just make sure that you start a blog on something that people actually want to read about. If that happens to be something you're passionate about that's great. But you need to understand that it's way easier to monetize a blog about organic dog food than it is to make money from a blog about obscure literary fiction.
If you're at all interested in starting your own online business, there's no time like the present. We live in a golden age of wealth. As much as the media tries to glorify the perils of our society, we actually live in a time that's ripe with opportunity and the potential for monumental business growth at a scale never before experienced. Thanks to the internet and smartphones, the amount of commerce being conducted online has experienced explosive growth.
You can charge up to $995 for a service, but many if not most gigs still start at just $5 (of which you make $4), so the key to making money on Fiverr is either working in volume or offering custom add-on services. But it’s free, easy, and quick to get started, and payment happens fairly quickly, so if you’re able to whip up a logo or business card design without much effort, it’s not a bad way to cash in on your creative skills.
The answer to that question is really up to you, depending on your business model, and your timeline. I started off not having to spend much money, something I remember well because I had just been laid off from my job and didn’t have a lot of money to spend. With GreenExamAcadamy.com and SmartPassiveIncome.com, I didn’t spend more than $1,000 a month for the first two years of those businesses. It wasn’t until those businesses started growing significantly that I started to spend more money, and then I had the revenue to support additional costs.
Brunson also talks about doing this before he started his Inner Circle. He helped Drew Canole successful launch Organifi into a global powerhouse by helping to consult, coach and deploy powerful strategies that helped Canole's company draw in tens of millions of dollars from one single funnel. After that, he was easily able to charge the big bucks.
When you work in an office, you can ask your boss about the details of your upcoming presentation when you see her in the company kitchen. But if you telecommute, she’s just another email in your inbox. From letting her know if you’re going to miss a deadline or getting clarification on an email, you’ll have to be proactive about communicating all aspects of your job and any questions you might have with her.
Websites like Care.com connect parents with babysitters. The company does all the background checking and other due diligence to put parents' minds at ease. Of course, you can appeal directly to people in your personal network, but if you're looking to generate recurring revenue sign up with a site marketing to parents looking for child care services.
You may have seen the lists on online; 100 plus ways to make money quickly or how make money fast online. Most of these lists are merely affiliate link spam. I mean no disrespect to fellow bloggers, but I’m not going to add to the noise and suggest you waste your afternoon filling out surveys. To be included on this list, the option needs to be a real way to make money and have the potential to pay greater that living wage. Plus, it had to be quick because that’s why you’re here.
The next payment I made for my business was in October 2008 when I had the idea to sell an ebook. To make this happen, I had to spend a little bit of money on a shopping cart service (e-junkie at the time; I later moved to Gumroad, as I describe in my free ebook Ebooks the Smart Way) that allowed me to deliver the ebook to the people who bought it. It was a flat fee of $5 per month. Different companies have different ways of setting up those pricing structures, but whatever the case may be, it doesn’t have to be a huge monthly fee to get going.
Many of my readers have started proofreading from their iPads, scanning legal documents for court reporters as a result of the Proofread Anywhere eCourse I recommend. You can read some of their testimonials in the comments on this post. They offer a 7-day intro course free so you can decide if that line of work is right for you before you pursue the training.