However, this only further illuminates the exponential rise of online business today. Considering that the internet is still largely in its infancy, as the modern conveniences give way to near-instant delivery of products via drones, 3D printing and other means, and as virtual and augmented reality help to improve the online shopping experience, nearly all our commerce will eventually be conducted through online channels rather than offline channels.
One of my mentors/business partners sold his business to Richard Branson and has had some pretty wild success. When I asked him the single most important advice he could give me about being an entrepreneur, he said: “Your health is your most important asset. You can be the most successful person in the world, but that won’t matter if you don’t have your health.”

Sujan is a growth marketer and co-founder of the content marketing agency, Web Profits. He also runs MailShake, Narrow.io and jumps out of airplanes in his free time—but seriously, Sujan has some impressive marketing skills and he (unknowingly) taught me much of what I've learned about how to drive traffic to my website. Here's his best business advice for first-time entrepreneurs who want to start a business today:

If your company is business-to-business (B2B), your digital marketing efforts are likely to be centered around online lead generation, with the end goal being for someone to speak to a salesperson. For that reason, the role of your marketing strategy is to attract and convert the highest quality leads for your salespeople via your website and supporting digital channels.
From an institutional perspective, it's worth noting that most universities don't break even on their tech transfer operations. Patent prosecution and skilled staff are expensive and difficult to justify solely on the basis of economic return. It can be very difficult to determine which technologies are worth pursuing at the early stage at which they are disclosed in a university environment (WAY before VCs make their decisions, with typically a 1 in 10 hit rate for big returns), but even so, many investments need to be made with low hit rates for a financially successful outcomes. Less than 1 percent of university inventions generate more than $100k in licensing revenues (per analysis done at Stanford).

If there’s one thing to keep in mind when creating your content strategy, it’s this: The needs of your business should ultimately overlap with the needs of your target audience. By creating a website, social-media profile or other digital presence with your audience in mind, you create content that provides value to customers and brand influencers.
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.

7. Conduct webinars. "Use webinars to build your list and generate leads," says Nicole Skuba, a partner at marketing firm Blue Tree Digital. "Webcast experts say some webinars see a 70 percent rebound effect comprising those who viewed the live broadcast as well as new individuals," she says. "Webinars are also more interactive and keep the attention of leads or potential clients."


Getting businesses to advertise on your podcast, either at the beginning or end or both is a great way to create a revenue through podcasts. Most businesses won’t be keen to advertise on your podcast until you can prove a large number of listeners. Therefore, it is unlikely you will be able to start out from the get-go with sponsors. But once you accumulate regular listeners or a high number of downloads from iTunes, you can start to sell advertising space on your podcasts.

Hiring the wrong people is one of the biggest mistakes made by entrepreneurs. You need to bring on employees who have the relevant background and experience. They need to fit into the company culture you are trying to build. They need to be hard-working and flexible, as employees in startups often have to function in multiple roles‎. You must do thorough reference checks on them. Make sure your offer letter says they are “at will” employees and can be terminated at any time. Don’t forget the old quote: “Hire slowly. Fire quickly.”
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
Also known as Logo Geek, Ian designs logos and brand identities for startups and SMEs. He also has over 80,000 Twitter followers and runs a popular social media group where he creates valuable resources for designers. Here's his best business advice specifically for freelancers, and for more check out his episode on my podcast about how to become a freelance designer:
"A local restaurant, for instance, can promote just to the zip codes where it draws from. It can even target specific age groups and sex," Bentz says. "Best of all, you can target those customers during the time that they are most likely to buy; for instance, you can display your ads just before and during the lunch and dinner hours." And if your Facebook campaign isn't getting the desired results, "there's no long-term commitment. You can cancel at any time."
A content marketer, for example, can create a series of blog posts that serve to generate leads from a new ebook the business recently created. The company's social media marketer might then help promote these blog posts through paid and organic posts on the business's social media accounts. Perhaps the email marketer creates an email campaign to send those who download the ebook more information on the company. We'll talk more about these specific digital marketers in a minute.
I have 3 VAs. I couldn’t function without them. It doesn’t matter how big or how small a business is, they all need help running their day-to-day administrative tasks. Virtual assistants perform a variety of tasks that a traditional assistant or secretary would normally do, including making travel arrangements, paying bills, or managing expense reimbursements. I use them to upload content, optimize images, brief writers etc.

Promotional– Every once in awhile you want to mix in something about your own business and how it can help them. After all, you’re providing them with all this great content, so why not let them know what else they can get from you? Posting about a promotion you are doing or if you have a new class coming up gives your audience opportunities to deepen their engagement with you, and perhaps move down their path to becoming a customer.

It’s sometimes hard to comprehend just how much people love t-shirts. And with the right niche, marketing, and tools, you can create an online t-shirt business that makes you extra money online while you sleep. (Even Bloomberg and Forbes feature stories from entrepreneurs who've done just that.) Services like TeeSpring make it easier than ever to create a t-shirt drop-shipping business where they handle the sales, printing, and shipping, and you’re only responsible for design and marketing. Or you can even buy into well-established franchise businesses like Rhea Lana that sell fashionable, affordable kids clothing and get the backing of a proven organization to fuel your online sales. For more tips, check out this simple guide to launching and marketing an online clothing store by my friends over at Selz.

When I began to think about my next business venture, I realized my passions had shifted, and that I was fueled not only by affecting positive change, but also by my family. Family inspires me to work harder, be better, and push through any roadblocks that may come my way. It has become the foundation of my current company, Picniic. Find the thing that motivates you to get up and work every day, and make it the core of your business.
{grow} – Listed 5 out of 20 times, is a community to help businesses grow, from influencer Mark Schaefer, a renowned marketing and social media strategist and sought-after speaker at digital marketing workshops. Recent posts included: (i) The key decision in influencer outreach and why everyone is missing it, (ii) The business case for content marketing consistency, and (iii) How I make money: My 18 sources of online revenue.

Startup entrepreneur Keval Baxi of Codal Inc. shares “One piece of advice that I’d give to someone who wants to be an entrepreneur is to be reliable. If you say you’re going to do something, do it. Leaders and managers that don’t follow through fail to gain the respect of their team, and don’t encourage accountability. Make sure that your team knows that you’ll be there when you’re needed.”
Backlinks can make a huge difference for your website’s SEO. A backlink is when another website links to a page on your site. When you get a backlink from a site that has a higher domain authority than you do, it sends a signal to Google that your site is credible which can improve your rankings. Think of it like one of your superiors at a previous job writing a recommendation letter for you. That’s how the search engines see it. The more recommendations or backlinks you have, the more likely you are to move up in search rankings!
Event planning is a bit like wedding planning, just on steroids. The scope of this idea is so large that it includes everything from cheesy stag and hen do parties to sophisticated product launches. Again, the entry barriers are rather low, but a flush work portfolio and a few glowing testimonials are something you need to consider to get a good head start in this field.

As more people want to establish their presence online no matter what their reason, the demand for WordPress themes and website templates continue to rise. Do you have a talent for designing websites and html coding? If so, you can make big bucks from creating attractive website themes. Create them and then sell them on marketplaces online like ThemeForest and TemplateMonster to generate a nice passive income for yourself depending on just how talented you are.


Jim is the Founder and CEO of Owler, a crowdsourced competitive intelligence platform. Prior to Owler, Jim founded Jigsaw in 2003 and was CEO until it was acquired by Salesforce in 2010 for $175 million. Before his career in technology, Jim was owner and operator of Lookout Pass, a ski resort in Idaho, and served in the U.S. Navy as a diving and salvage officer. He's seriously the man. Here's Jim's business advice to first-time entrepreneur who want to start a business:
Different online income streams to begin your online business could be ebooks and online courses, niche websites, membership programs, software development, consultation programs and packaging existing content to sell as a bundle. Ducker says “It all comes down to knowing who you’re helping, what their problems are, and most importantly – creating a solution to a problem that they will happily part with a little hard earned cash for.”
The quote above comes from a CIO article titled 8 Expert Online Marketing Tips for Small Businesses by Jennifer Lonoff Schiff. Lieberman states that the more you blog, the more traffic your website will get from search engines. Two new blogs a week will result in fresh content that could even generate some leads if each of your blog posts includes a call to action.
Drop shipping is another great ‘hands-off’ way to sell products. Firstly you will need to find businesses that sell products in your niche that offer a drop shipping service. Then you will need to create a website promoting and selling the products. When you make a sale, you take the payment on your site and then the manufacturer ships the goods to the buyer. The profit comes from charging a higher rate than the manufacturer, and if you are selling a high number of products this can quickly add up to a healthy revenue.
Create a killer course experience: With your course validated and in the works, you need to figure out how people will take it. Most course creators choose to host their courses from their own websites. This way, they get all the value of bringing customers back to their site on a regular basis. I host my own courses from a subdomain on my own site so I can easily add more. The course experience is incredibly important as well. And after trying most of the solutions, I highly recommend Teachable—an online platform designed specifically for courses.
The quote above comes from a CIO article titled 8 Expert Online Marketing Tips for Small Businesses by Jennifer Lonoff Schiff. Lieberman states that the more you blog, the more traffic your website will get from search engines. Two new blogs a week will result in fresh content that could even generate some leads if each of your blog posts includes a call to action.
Online business ideas are endless and all-inclusive. Most office-based jobs can now be done online through freelancing or remote working. The beauty of technology means that profitable online businesses will keep growing and growing, making the world a truly global marketplace. If you are considering moving away from the traditional career path and want to start your own business, read through our list of business ideas a few times and contemplate the many ways you can start a successful online business today.
If you can find and restore items like furniture and appliances, you can make a substantial amount of money. You can acquire the items on Craigslist, or even at garage sales or estate sales, restore them, and then list them for sale on the site. You may also be able to market certain items on eBay, particularly if they are small, unusual, but high in price.
Launch before you feel ready. If you wait until your product or service feels perfect, someone else will already be doing a better job of helping your customers solve their problems. Validate your business idea by launching fast, bringing on a small group of paying customers and adapting to make your solution great for them over time. You’ll learn how to validate ideas quickly & cheaply in my course, 30 Days to Validate.
Now, it’s time to start creating and uploading content. Make sure you’re using a high-enough quality camera (most smartphones will work but I’d suggest at least having a tripod so your footage isn’t shaky), but don’t worry about being perfect at first. The beauty of YouTube is that you can continue to test out different content and styles as you find what works for you. Instead, stick to a regular schedule to build up your subscriber base.
Mechanical Turk is Amazon's take on micro-jobs. These are small miniscule-jobs that you can do for other people, which they call HITs, or Human Intelligence Tasks. These are super simple tasks that anyone can do. Some examples are listing off some URLs with certain kinds of images for one cent, or recording a few phrases with a microphone for 6 cents.
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