Outsourcing is the new and dominant wave of the business world. As businesses shed employees, they increasingly turn to independent contractors to supply what in-house staff used to do. One of the ways they do this is through virtual assistants. These are people who provide certain tasks online. Businesses can use virtual assistants as much or as little as they need to. If you can make yourself available to multiple businesses, you might have plenty of work without ever leaving your house.


Owning a “real” business means you need to think about bank loans or financing, leases, maintaining inventory, business insurance, finding staff, training staff, etc. You then need to factor in finding a prime location for your business. If you don't have enough footfall then you can expect to be shutting up shop in as little as a few months. In fact, 50% of small brick-and-mortar businesses fail within their first 3 years.
Richard D. Harroch is a Managing Director and Global Head of M&A at VantagePoint Capital Partners, a large venture capital fund in the San Francisco area. His focus is on investing in Internet and digital media companies, and he was the founder of several Internet companies. His articles have appeared online in Forbes, Fortune, MSN, Yahoo, FoxBusiness, and AllBusiness.com. Richard is the author of several books on startups and entrepreneurship as well as the co-author of Poker for Dummies and a Wall Street Journal-bestselling book on small business. He was also a corporate partner at the law firm of Orrick, Herrington & Sutcliffe, with experience in startups, mergers and acquisitions, strategic alliances, and venture capital.

If you offer freelance services or have a physical services business, then creating a blog is a must. On your blog, you can write about the services you offer and how they will benefit your clients. Importantly you can add a ‘Services’ page, outlining the services you provide, what they include, and any other important information potential clients may need. This is an effective way to promote your services, generate leads, and increase your revenue.
The marketing blogs and websites below are juicy, well designed and easy to read. Many of them have handy newsletter subscriptions and all of them have engaging Twitter feeds. I have listed only six websites (with a few extras), because sometimes less is more. Keeping up with relevant, up-to-date industry news is essential for a well-balanced marketing professional, and even more valuable when the whole team is participating! Press the subscribe button on these digital marketing blogs and make them a vital part of your daily routine. Forward them to your colleagues, pour yourself a cup of coffee and read on.
There’s a high demand for coaches and consultants in specific fields, most being in health, fitness, and online marketing. And this is where you come in. If you’ve got a service or training course to offer, then starting an online course,  consultation or coaching business is for you! Say you want to teach others and train them to become adept in a valuable skill or you want them to become healthier and happier, then you can start an online course or consultation service and charge a fee.

My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.
Best of all, unlike a brick-and-mortar business, you don’t need a lot of startup capital. In fact, you can get many internet businesses up and running with no money at all because so many free services facilitate the possibility. For example, you can set up a website or blog for free using WordPress. Or you can leverage a third-party site like Amazon or eBay to sell goods with no inventory costs. You use their selling platform in exchange for giving them a cut of your sales.
Reed McManigle: At CTTEC we deal primarily with inventor teams of faculty and PhD students, and inventions that have resulted from (perhaps years) of research funding. With this starting point, it's easy for the inventors to be convinced that the science/technology is the key driver of success, instead of the actual drivers of finding a real, sizable problem to address; building and managing a team; developing and executing a go-to-market strategy, etc.
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
If you can speak and write more than two international languages, then you can make money from the internet. All you need to do is to list your services online and people who need the services your offer will contact you. Just ensure that you have resource materials (softcopies that can aid your teachings). If you know how to speak and write 2 or 3 of any of these languages; French, English, Spanish, Chinese, German and Arabic, then you should consider starting an online foreign language training / tutorials / coaching.
Modern technology has enabled entrepreneurs to do their work from almost anywhere. In fact, many companies operate in a wholly digital environment, lowering overhead costs and offering freedom to entrepreneurs who want to conduct business on the move. Creating an online business is simply a matter of focusing on your strengths and expanding your network. Here are 12 great online business ideas to get you started.

Now, running your own company is no mean feat and it will require a lot of effort. But the beginning is the most time-consuming part of the process. Later on, it can be possible to create a system which leaves you with a lot more time on your hands. You can spend this time with your significant other, your children, or your friends. A start-up which gives you this opportunity is perhaps the greatest success of all.

If you are the creative/artistic type, this may be an attractive option for you. With sites such as Etsy or Not on the Highstreet, selling of hand-made products has become considerably easier and more accessible, even for absolute beginners. Other marketplaces worth considering are Artfire, DaWanda or Yokaboo. Another option is to create a page on a social media platform and drive sales using various channels, e.g., a Facebook group;
To date, she has sold hundreds of these books all because they help and encourage people. Her stories and the insight that she is able to offer readers are authentic and add value. In fact, if you want to check her out on her Amazon page, here’s the link to it. So,  if you’re passionate about writing and you’ve got something to share, I highly recommend that you give eBook writing a shot!
He is the co-founder of Neil Patel Digital. The Wall Street Journal calls him a top influencer on the web, Forbes says he is one of the top 10 marketers, and Entrepreneur Magazine says he created one of the 100 most brilliant companies. Neil is a New York Times bestselling author and was recognized as a top 100 entrepreneur under the age of 30 by President Obama and a top 100 entrepreneur under the age of 35 by the United Nations.
Online savings accounts usually come with substantially higher interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). Banks like CIT Bank and Discover Bank (among other top players in the industry) are great because their interest rates are often over 20 times higher than the national average. That means the money in your savings account will grow 20 times faster than the pace it’s most likely growing at now.
Also, entrepreneurs will often keep personal and work finances separated. In order to set budgets and pay yourself properly, it is recommended that entrepreneurs have separate bank accounts for money that belongs to the business and money that belongs to the person. This might seem like a trivial difference, but it can affect how you work and how you spend.
Mark Zuckerberg created several products before building Facebook. He created an instant messaging tool that his father used in his dentistry practice to communicate with his receptionist. Zuckerberg also created music software that Microsoft and AOL were interested in buying even though he was only a teenager. Within the year he first founded Facebook, he had already had 1 million users. Today, Mark Zuckerberg has a networth of $68.3 billion.

In the last few years, content marketing has quickly become one of the most popular topics in the digital marketing world. The Content Marketing Institute was one of the first companies to start touting the value of content in digital marketing, and their blog remains one of the best resources for following content marketing trends and best practices.
Author of Unmistakable: Why Only is Better Than Best and host of the acclaimed podcast, The Unmistakable Creative, Srini has interviewed over 600 entrepreneurs, creatives and thought leaders from all walks of life. From Tim Ferriss to Seth Godin, Kevin Kelly, Ryan Holiday and more, Srini has learned from the best, what it takes to become successful in business. Here's his business advice for aspiring entrepreneur who want to start a business of their own:
In this role you need to be a product expert and will probably represent a company, explaining the benefits of their products to potential clients. Also, you will need to find new customers or market segments that a company can sell to and convert those leads into sales. Usually, salaries and rewards for sales consultants depend largely on how many sales they can close.
Now, those aren't my thing, but I did realize I could use it for just about anything in my systems noted above. For example, I gave myself the challenge of 100 days of learning a new skill and spent 100 days learning a programming language. It was well out of my comfort zone, but by the time the 100 days were up, I knew something new that I could put on the skills list of my resume. Try 100 days of reading more or being thoughtful to others.

The best entrepreneurs don’t seek risk, they seek to mitigate risk. Small business insurance is one of the best ways to look after you livelihood, and it’s more affordable than you think (from as little as R162/m with Santam for an administrative business). Make sure that your precious stock and premises are covered in an emergency such as a fire or theft.
Matt is the CEO and co-founder of Case Escape. After receiving his MBA from Chapman University at age 23, Matt started his first business in California (which we started together back in 2013) and has since grown it into a worldwide business with over 100 clients and counting. Case Escape was founded with the goal of helping 1,000 entrepreneurs start their own phone case business. Here's his best business advice for first-time entrepreneurs who want to start a business of their own:
If you’re looking for a creative online business idea, look no further. Do you enjoy taking photos, whether be of yourself or others, or just enjoy being behind the lens in general? Instagram is a great way to start an online business. If you’re savvy on social media, you’ve surely seen the “influencer” craze on Instagram. It is quickly becoming more than just a platform to check in on your friends’ updates.
There are different ways to market an ebook. One of the most common is through Amazon’s Kindle program. They can help you with all the steps to both publish and market your ebook through their incredibly popular platform. There are some specialized sets of writing software that will help with not only writing your ebook, but also formatting it correctly for the Amazon market as well Barnes & Noble and iTunes
It wasn’t until I decided to focus in on just ONE strategy, creating an incredibly high-value virtual summit, that I started to make serious progress in my business. After several months of super-hard concentrated effort, I launched the Branding Summit at the end of 2014, one of the largest virtual gatherings of experts on personal branding anywhere. I grew my email list by almost 3,000 highly engaged subscribers in a few weeks, and generated $20,000 in profit -- much more than I’d earned up to that point!"
As an affiliate marketer, you are earning commission from selling someone else’s products. You might need to make an initial investment and buy a basic portfolio and marketing materials that you then resell. However, that does not always have to be the case as there are companies which will provide you with products free of charge, and only take a part of the profit. One of the most popular sites for affiliate marketers nowadays is Clickbank. Other well-known sites include Amway and Amazon Associates.
If before now you are discouraged about starting your own Bible school because of the cost of renting facility and acquiring furniture et al, then you don’t need to be discouraged anymore because with the internet, you will spend far less starting an online Bible School compared to what you will spend when setting up a brick and mortar Bible School.
Author of Unmistakable: Why Only is Better Than Best and host of the acclaimed podcast, The Unmistakable Creative, Srini has interviewed over 600 entrepreneurs, creatives and thought leaders from all walks of life. From Tim Ferriss to Seth Godin, Kevin Kelly, Ryan Holiday and more, Srini has learned from the best, what it takes to become successful in business. Here's his business advice for aspiring entrepreneur who want to start a business of their own:
Digital marketing is defined by the use of numerous digital tactics and channels to connect with customers where they spend much of their time: online. From the website itself to a business's online branding assets -- digital advertising, email marketing, online brochures, and beyond -- there's a spectrum of tactics that fall under the umbrella of "digital marketing."
×