Another option is to again set up a Shopify store. But instead, you have customer orders drop-shipped to them by the manufacturer, or distributor. You know those super-cheap items you see on Facebook that seem too good to be true? The catch is always that it can take 30 – 45 days for your order to arrive – that’s the drop-shipping model in operation right there.
25. Products – You can create your own product, such as an ebook or computer software. You would then use your blog as a promotion tool to get people to buy your product. As long as you create a legitimate product with a whole lot of value, you should be able to get some buyers, but like everything else with a blog, you’ll need the traffic to get the sells.
Pay-per-click advertising is the easiest way to get traffic to a brand-new site. It has two advantages over waiting for the traffic to come to you organically. First, PPC ads show up on the search pages immediately, and second, PPC ads allow you to test different keywords, as well as headlines, prices and selling approaches. Not only do you get immediate traffic, but you can also use PPC ads to discover your best, highest-converting keywords. Then you can distribute the keywords throughout your site in your copy and code, which will help your rankings in the organic search results.
Once you have this down, you’ll be a budding Etsy entrepreneur. Provide great quality to your customers, and they’ll often return. Many people are willing to pay a premium for quality handmade designs. Etsy (like EBay and Amazon) takes a cut off the top for selling items through their site. PayPal takes another cut, and you have to be careful with taxes on all income, so be diligent while building your online business.
Holly Johnson is a financial expert and award-winning writer whose obsession with frugality, budgeting, and travel plays a central role in her work. In addition to serving as Contributing Editor for The Simple Dollar, Holly writes for well-known publications such as U.S. News and World Report Travel, Personal Capital, Lending Tree, and Frugal Travel Guy. Holly also owns two websites of her own - Club Thrifty and Travel Blue Book - and is the co-author of Zero Down Your Debt: Reclaim Your Income and Build a Life You'll Love. You can follow her on Twitter, Facebook, Instagram, and Pinterest @ClubThrifty.
How to Get It: GoFluent.com is an English training company working with 12 of the world's largest corporations. There are also jobs out there for English as a Second Language (ESL) teachers, which are more structured. Visit ISUS (iSpeakUSpeak.com), a placement and training company. While a degree in education or ESL is ideal, you are encouraged to apply if you are enthusiastic and articulate.
Hi Nick! I was researching online successful businesses and came across your article. For the last couple months I have been thinking about starting my own online business that is geared towards online health/fitness coaching. Then I think maybe freelance writing or perhaps starting my own blog. Do you any suggestions on how to start these businesses? Where I could even begin? I have been a nurse since 2010, love fitness. However, starting a blog would be interesting as well.
Eventually, I did just that. When I finally took the plunge into self-employment in 2012, I had replaced my regular income and then some. Even better, I suddenly had a lot more time to work on my hustle. Where I was once working nights and weekends to earn part-time income writing, I could now devote forty hours or week or more while working from home.
You can definitely start building a website alongside your day job but I’m not going to lie to you, it’s hard work. I would say if you put in a minimum of 12 hours a week on your website, including all of the training that it takes in order to know how to do it all, you would have a fully functional website with enough content to start generating traffic in 3 or 4 months.
17. Amazon – Have you heard of FBA? It stands for “Fulfilled by Amazon” and it’s getting pretty popular. Basically, you buy products (in bulk is best) and ship them to Amazon for them to store. When your products sell, Amazon packs them up, ships them out and sends you the money (after taking their cut). There are people making a full-time living from FBA, while others just do it for some extra money.