Startup entrepreneur Chrys Tan of Chrys Media says, “The one piece of advice that I would give to an entrepreneur would be to embrace failure. Failure is guaranteed when you are an entrepreneurs, whether it is the failure of meeting a number of targeted sales or even the failure of a business. But if you know that experiencing failure is guaranteed when running a business, you wouldn’t fear failure but embrace failure instead. When you embrace failure, you take on more risks and you move past failures faster as well.”
If you possess a great deal of business experience and knowledge, why not create a business that helps aspiring entrepreneurs find success? You can use your skills to help new business owners get off to a good start and help experienced entrepreneurs keep up with demand. To show off your knowledge and skills and bring in clients, you can also write articles about business on platforms like LinkedIn.
Social media is constantly changing. Something that may have been effective yesterday, may not be tomorrow. Social Media Examiner is going on that journey with the rest of us and they are almost always the first place to cover new topics and trending changes with social. It isn’t a stretch to say that Social Media Examiner is the largest resource of social media content on the web, it’s mammoth.
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
It’s not the sort of online money making opportunity that’s covered in glory, but everyone needs a set of eyes to make sure the numbers add up at the end of the year. Every business and most individuals need someone to help prepare tax returns, especially time or resource-strapped small business owners. The Income Tax School provides an array of training programs that'll certify you with tax prep in as little as 10 weeks, and once tax season rolls around you'll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, reports CNBC.
MarketingProfs – Listed 6 out of 20 times. Their content ranges from marketing strategy to best practices across a variety of formats including podcasts, articles, and tutorials. Recent publications include: (i) Learn From Google: The Five Traits of Successful Teams at Google, (ii) The Characteristics of Highly Shared Infographics, (iii) Influencers’ Top Social Networks for 2018.
22. Get Positive Reviews – What people say in reviews matters to consumers. In fact, one study determined that 79% of consumers trust online reviews as much as they trust a personal recommendation. And as these reviews are visible in search results, having positive reviews with high rankings can help persuade interested consumers to give your business a chance.
Likes, shares, and social media engagement have become ways for companies to expand into the online business world and gain followers who later on can be converted into customers. As a basic example, say you come across a post for a business in your local area. Initially, you might give it a like and then later remember, hey, I’ve been meaning to check this place out. Or maybe you give a company page a like and then later make a purchase from them.
The quote above comes from the article Internet Marketing Lessons From The $10,000 Apple Watch, in which Chow shares how his licensed phone team helps his blog make money even though he doesn’t take any phone calls. He states that more than 60 percent of his blog’s income comes from products costing more than $2,000, which many Internet marketers don’t have simply because they don’t want to get on the phone to sell or for customer support. His recommendation is to hire a dedicated phone team and begin selling big ticket, big profit items, instead of trying to sell easy low-cost solutions in bulk. Although these high-end products typically require a more personal customer experience, they offer greater rewards.
Another online service that is close related to translator services is transcription services. If you are good at transcribing, then you can help several public speakers, preachers and teachers et al write their books by simply transcribing their video or audio teachings. You can as well source for transcription jobs from online platforms such as freelancer.com, elance.com and oDesk.com.
With over 350,000,000 websites on the internet, there is a huge demand for content. If you have experience or skills relating to writing, offering a blog posting service could be for you. Lower paid projects might start at around £1 per 100 words, with quality focused projects being in the £2.50-10 per 100 words range. Sites like People Per Hour and Elance are great for picking up paid writing gigs, without actually having a website.
According to Statistica, 76% of the U.S. population has at least one social networking profile and by 2020 the number of worldwide users of social media is expected to reach 2.95 billion (650 million of these from China alone). Of the social media platforms, Facebook is by far the most dominant - as of the end of the second quarter of 2018 Facebook had approximately 2.23 billion active users worldwide (Statistica). Mobile devices have become the dominant platform for Facebook usage - 68% of time spent on Facebook originates from mobile devices.
Instead, you’ll have to research the SEO optimization of the sites you see on auction, predict which companies and industries will be looking out for new domains, and get creative with out-of-the-box names that you can buy for little but turn around easily. Plus, patience is a virtue: it can take months, or even years, to get the right price (or any price!) for some domains you’ve purchased.
Sir Richard Branson, one of the world’s most recognizable billionaires, and the founder of Virgin Group, has built an empire comprised of more than 400 companies including airlines, record stores, publishing organizations and he's even tackling commercial space travel. He's also the author of more than a dozen business books, including his latest (fantastic) autobiography, Finding My Virginity that shares from behind-the-scenes of the ups and downs throughout Branson's more than fifty year career as an entrepreneur. During his interview on 30 Days of Genius with CreativeLive, I got to hear his best business advice for aspiring entrepreneurs who want to start a business of their own, first-hand:
You don’t need to own a physical car garage or showroom before you can make money from selling cars. As a matter of fact, it is much easier this days to sell cars online than it is to sell it from a garage et al. All you need to do is to open a website where the cars that you want to sell can be listed (the prices, and specifications et al). You can deal in fairly used cars or brand new cars or both and still attract customers from all over the globe.
Writing effective and grammatically correct resumes and cover letters is a struggle for many professionals. These type of writing services includes an analysis where clients are given guidance to determine their objectives, and define the skill set needed to achieve them. After that, the next step is selecting an appropriate format and choosing vocabulary which will appeal to a potential employer, without making the applicant sound arrogant and “too good to be true”. A good resume or cover letter needs to highlight an individual’s skills, be relevant to the position applied for and have a positive tone.
1) Work harder than everyone else—I may not be the most formally educated, the most financially set up, or even the smartest, but I will give them a run for their money when it comes to ambition and determination. It’s a bit cliché, but I always remember this quote: “Always go the extra mile, there’s a lot less traffic up there.” 2) Every expert was a newbie at one point—don’t let them intimidate you out of your dream. Learn as much as you can, as fast as you can. 3) Ethics do matter—I don’t care what they say about “it’s just business,” the world comes full circle. Be competitive, but stay true to your beliefs and principles. It always comes back around eventually.
Every entrepreneur, from owners of roadside cafes to global startups, needs to be versed in management, finances, taxes, and other business-related topics. You don’t necessarily need a master’s degree in economics, but an educational foundation in business will certainly help. An entrepreneurship education could mean an actual entrepreneurship degree or a more general business education that will prepare you to meet the day-to-day challenges of an entrepreneur career.
If you can engage clients and build up attractive social media profiles, then you will be able to attract clients, which makes this a service with value. Again, these projects are posted on freelance sites such as People Per Hour and Elance on a regular basis, so you can start building up clients straight away! Check out these amazing statistics for LinkedIn!
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.