Updated: Nov 26
In a world that is forever evolving, it’s fun to see what new changes are coming. Recently the biggest change has been people moving from a 9-5 job to being self employed instead, and who can blame them? Farrah Gray always said to build your own dreams, or someone will hire you to build theirs. Well now it’s the easiest it has ever been to start your own business. Here are some of the top businesses you can start and how you can dive into them, even with little or no experience.
Businesses You Can Start #1: Blogger
If you have a lot to say and you enjoy writing, a blog might be a good place for you to begin. Actually, if you don’t mind outsourcing, you don’t even have to enjoy writing. First you need to find your niche, whether it be recipes or mom advice or classic cars. Then choose a platform, many are free and offer customizable options and templates that help guide you. Pick a name and design your site. This is another thing you can outsource if you don’t have time or experience. Create your schedule, consistency keeps followers, and then write your first blog! To make extra cash you can run ads on your blog.
Businesses You Can Start #2: YouTuber
Much like blogging, hosting a YouTube channel is all about your following, but first you need to decide what your channel will be about. Creating a new channel is absolutely free, and easy too, but again you can outsource this part if necessary. You’ll need to choose your channel’s name, and create a content calendar. Planning goes a long way in this field. Once your channel has been created, make your first videos and begin advertising if it’s in your budget. The sooner you gain 1,000 followers and 4,000 of watch time, the sooner you’ll start earning money.
Businesses You Can Start #3: Podcaster
To get into this industry you’ll want to do your research. Check out different types of podcasts, different formats, and figure out who you want your audience to be. Being a podcaster is a job that requires a lot of talking, so be sure your content is informative or entertaining. You’ll want to create social media profiles for the visual people, and to market your show. Give your podcast and its episodes catchy titles, and even if you like recording solo, consider having guests on your show once in a while.
Businesses You Can Start #4: E-commerce Retailer (Drop-shipper)
In order to begin a drop shipping business you’ll need to first choose a supplier, without them you have nothing to ship. Decide whether your company will be an LLC, C Corp, or Sole proprietorship, and then get an EIN number. You’ll want a separate business bank account, this will help you keep track of your taxes. Then you can finally build your e-commerce store and begin advertising and selling.
Businesses You Can Start #5: Sell Online Courses
Most importantly when selling online courses, they need to be in demand or engaging, so ponder on your strengths before you begin. This could be anything from DIY to photography to fitness. Plan the structure of your course and start writing. Once you’ve created your course you will need to decide how much you’d like to charge, and where to host and sell it. Once you’ve set up your sales platform, it’s time for some heavy marketing because this industry is competitive.
Businesses You Can Start #6: Sub Contractor Creator (Freelancers)
In order to become a freelancer you’ll need to hone in on your skills. What are you good at that’s also lucrative? Research those areas of expertise to see what other freelancers are charging, and be competitive with your pricing. Learn how to market and sell your services, or sign up for a freelance website. As you complete orders you can build your profile and showcase your customer’s reviews.
Businesses You Can Start #7: Affiliate Marketer
Choose a niche or cause you support, and help those businesses generate new customers with affiliate marketing. After choosing your platform and your audience, the key is to produce engaging content that will drive traffic to your site, where your followers can click on your affiliate’s links, or have them guided directly to your affiliate’s sites. The more clicks your affiliate’s get on your behalf, the more those clicks convert to sales, and the more money you’ll make.
Businesses You Can Start #8: Consultant
Starting a consulting business is sort of like selling an online course, except your customers are usually recurring. You’ll need to first determine your niche, what are you an expert on? It could be health, finances, anything you consider yourself to be a pro at. Then create a brand, website and be clear about the services you offer and your pricing. Marketing will be important here, so do some research and tailor your ads to touch your customer’s pain points. Sympathy sells.
Businesses You Can Start #9: E-Book Author
Becoming an author can be rewarding, but it’s not always an easy process. Depending on your writing style and genre, you could be writing poems, novels, or anything in between. Once you’v written your masterpiece, you’ll find that self publishing is much easier than it used to be, or you can find a publisher. Advertising is key in this industry, so beginners may prefer to go with a publisher until they get the hang of it all.
Businesses You Can Start #10: E-Commerce Retailer (Sell crafts)
If you’re artsy and crafty this might appeal to you more than some of the other business models. In order to profit off of your skills you’ll need to create a selling space though. First, choose a platform, design your site and set up payment options. Once you’re ready to begin marketing, determine who your target audience is, and tailor your ads to them. Creating social media accounts where you can showcase your work is also a big help, so that potential customers can see a portfolio of your work. This should also be on your website, but be sure to link all your accounts so you’re easy to find!