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.
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.”
The quote above comes from an article on his website titled Increase the Persuasive Momentum of Your Conversion Funnels. Persuasive momentum refers to the progressive decision-making process that aligns your customers’ goals with your business goals. That there are three elements to persuasive momentum; relevancy, value and a call to action. In order to increase conversion, Eisenberg says you must address needs at every step in the buyer journey.
Blogging is a great path to choose especially if you have a keen interest in a particular area and feel that you can share valuable or entertaining information with others. Building a profitable blog requires high-quality content that is regularly posted to keep audiences interested in coming back to your website. A good way of trying out this particular writing career is guest posting on other people’s blogs. This way you can not only test your skills but also build a good reputation. The most commonly used free content management platforms for blogging are WordPress, Blogger, Tumblr and Hubpages.
They often expect you to commit to working a certain number of hours per week, which is generally part-time. They will pay you an hourly salary for that work, so it is really more of an at home job situation than it is in an entrepreneurial way to make money online. Still, if you want to get involved in political activity, and you have the time and motivation, this could be a way to monetize that passion.
Together, Project Olympus and CTTEC have helped students and faculty launch dozens of businesses, including Safaba, which was acquired by Amazon, Qeexo, whose touchscreen upgrade is widely deployed by Huawei, Oppo, and others, BossaNova Robotics, which is deploying shelf-scanning robots for Walmart and others, and DuoLingo, which is valued above $700M.
If you have an eye for design and some experience of creating websites, then you could offer your services as a freelance web designer. You will need to create your own stylish website and have a few other projects that you can show potential clients to demonstrate your skills. You will also need to initially spend time emailing businesses to promote your services and find work.
No matter which way you do it, it’s passive income—money you earn while you sleep because you put these products up for sale on your website and a customer can buy and download them any time of day or night, automatically. All you have to do is check the sales periodically to see what topics or types of products are selling best so that you can make more of those.
Despite Instagram's growing popularity, not all brands know what they're doing on the app. If you have a background in social media and marketing and a passion for photography and Instagram, starting a consulting business that focuses on the popular photo app can be a great way to make money while helping other businesses improve their content and thrive.
From the numbers above, it’s not hard to see why starting an online business using eBooks as your outlet can be profitable. You can absolutely profit from either incorporating eBooks into any one of these top 10 online businesses, or by focusing solely on your writing as your main online business. It’s just another great way to start your online business from anywhere.
Creating a video series and selling it as a digital download on your blog, much like an eBook, can be another great seller. A video course, teaching viewers a specific skill or how to achieve a particular activity, may well resonate with your audience. If you are going to go down this route then your videos need to be as professional as possible so you should consider investing in some video and lighting equipment, as well as editing software.
While I have a digital journal within my notes app on my smartphone, I also use Trello boards to visually map out my goals and see achievements to date. Being able to add pictures and see a visual display of each goal makes them feel more real. That deeper connection through visuals is inspiring when it comes time to hold yourself accountable and get them done.
Logan is a CPA with a Masters Degree in Taxation from the University of Southern California. He has been featured in publications such as CNBC, USA Today, U.S. News & World Report, and HuffPost on topics ranging from paying down debt to using credit card points to saving money on taxes. After spending nearly 10 years in public accounting, including 5 with professional services firm Ernst & Young where he consulted with multinational companies and high net worth individuals on their tax situations, he launched Money Done Right in 2017 to communicate modern ideas on earning, saving, and investing money.
Another strategy to make money online is to become a social marketing manager. Being present on social media is key for any business that wants to attract new customers, promote their products and grow their following. However, constantly posting, liking and commenting on the numerous social media channels is extremely time-consuming. More and more businesses are recruiting social media managers to run and organize all their social media. And to save money, social media employees are often employed as online freelancers.
The quote above comes from a CIO article titled 8 Expert Online Marketing Tips for Small Businesses by Jennifer Lonoff Schiff. Elkins points out the strategic value of hashtag use in social media sites such as Pinterest and Instagram in order to build audiences and drive traffic. Visual social media is especially valuable if you organization is selling a highly visible product or service, such as catering or fashion design.
According to the National Retail Federation (NRF), it's been estimated that retail business will stay on par with a 3.7 percent to 4.2 percent growth rate. However, the NRF expects non-store sales to be anywhere from three to four times that rate of growth. However, even though brick-and-mortar sales still comprise the majority of consumer's spending, it's only expected to grow at roughly 2.8%. Clearly, what's driving much of our present ecommerce growth is the smartphone market.
Running a business consulting company is a great option for those who’ve been involved in the process of building a business before. Whether you’ve gained your experience through working with a number of different startups or learned the secrets of business management in a more corporate environment, helping other entrepreneurs achieve great results can include everything from business planning and forecasting to liaising with banks and institutions.
Marketing Land – Listed 4 out of 20 times. If you are keen on knowing new things about the digital marketing industry then Marketing Land is one of the best digital marketing blogs. In their Research section, you can find detailed analyses about items like: (i) MarTech Intelligence Report Enterprise Digital Personalization Tools: A Marketer’s Guide, (ii) B2B Marketing Automation Platforms: A Marketer’s Guide, and (iii) Enterprise Local Marketing Automation Platforms: A Marketer’s Guide.
Marketing yourself effectively can seem like a daunting task for today’s small business owner. There are so many tools and platforms to choose from that it is hard to know where to begin. The most important things to remember are to set reachable realistic goals with your strategy, provide people with helpful content, and to make sure you stick to best practices.
As a bookkeeper, you are responsible for keeping track of the company’s spending to ensure that business’ financial accounts are in good order. In practice this means processing invoices, receipts and payments, completing VAT returns, identifying expenses on bank statements, repairing cash flow statements, helping to prepare financial statements and producing management accounts. Some of the most popular accounting software programmes are Sole Trader, Xero or Quickbooks.