Have you always dreamed of building an online business, or turning a side hustle into a lucrative income stream, but don’t have a clue where to begin? If the digital entrepreneurial lifestyle sounds like something you want to pursue, this article is your ultimate guide to picking a niche that suits your skills and creativity.
1. Publish an Ebook
Have you always dreamed about writing a book but were afraid of how much it costs? Writing an eBook is a great option. You can scrap the printing costs. All you need is a finished piece, put it up on Amazon, and give it some good marketing!
Write a memoir, a how-to guide on something you’re passionate about, poetry, or a work of fiction. If you’re skilled at digital marketing, write about those skills, and how you came to be a professional in that discipline. You’ll be amazed at how many are interested in what you’re good at.
2. Create a Social Networking Platform
Comfortable coding and tweaking the user interface? Think about creating a social networking platform. You could create a safe space for small groups of people, such as fandom communities or a new dating app.
If you’re organized and dedicated enough, this is possible to do on your own. Think about the show Silicon Valley; Richard brought Piped Piper to life, and you can too. Where do you start? Have a look at Flutter, which can assist you with web, mobile, and app development processes.
3. Become an Online Tutor
If you’ve always wanted to teach but felt like the classroom was too intimidating, an online tutor may be a great choice of business. Whether your skill is mathematics, science, humanities, or English, there will always be groups of people who will need your support!
The tutor is a great platform for finding your way. Work remotely, get paid on a regular schedule, and have the chance to tutor students of all ages.
4. Become a Virtual Assistant
A virtual assistant is an all-rounder, which can be managing a business’s social media, taking calls or errands, organizing emails, managing their finances, and more. This change in tasks is great if you like every workday to be different.
Even though you are assisting businesses with their daily tasks, you are ultimately your own boss. Take on as many clients as you like to fit within your schedule. You would enjoy the flexibility.
5. Build an Ecommerce Website
Do you have a series of great ideas? An eCommerce website may be for you. Use platforms such as Shopify to get to sell your products as quickly and efficiently as possible.
Easily turn your retail dream into an online store, sell everywhere including on social media, market your business with integrated digital marketing campaigns, and manage your orders, shipping payments, and total sales.
6. Start Your Dropshipping Journey
Dropshipping is the process of selling products from a wholesaler or manufacturer, who supplies those products to you. This third-party charges you, but you charge the customers who have purchased from you.
You don’t need a warehouse to store products, you just need to find a retailer you’d be interested in dropshipping with. If this still sounds complicated, here’s an article on dropshipping sites and what they are. You want to make sure you’re choosing a reliable one.
7. Make Money on Etsy
Do you create artistic works such as jewelry, prints, toys, clothing, or paintings? Etsy is the perfect online platform for ensuring your work gets sold to passionate buyers. It’s easy to set up your space.
It’s free to join. Create an Etsy account, think of a cool business name, add a bio and profile photo, add listings, descriptions, pricing, set shipping prices, and set payment preferences. You can also set policies, so customers know all the small details. With this selling platform, you have the freedom to customize it to make you comfortable. Your first sale won’t be far away.
8. Build a Graphic Design Business
Graphic design is a great business idea if you have a keen eye for detail! Consider opening a Fiver account, where you can showcase your services to those who need help launching a business of their own.
Think about the kinds of designs you could do, the aesthetic or type of logo. Would you go with delicate lines, soft watercolors, and cursive fonts, or would you focus on creating symbols for brands instead of the lettering? You could be creating the signature on someone’s business email, so this type of business is one you can take pride in.
9. Offer Writing Services
Are you a wordsmith? Even if you’re not the most skilled with the English language, you can create writing services for those needing a writer. The best part is, there’s a range of services you can offer and learn about.
Writing services can include copywriting, article writing, scriptwriting, reviews, ghostwriting, and more. If you don’t have a writing portfolio, write what you know in Word documents and publish them on an online platform like Clippings. It’s great for journalists and writers of all expertise.
Even if you don’t have a lot of experience, this gives potential clients a place for them to see what you can offer them. Want to learn more? Read the essentials you need to kickstart your freelance writing business!
10. Start a YouTube Channel
Yes, making money on YouTube this way is possible. The key is consistency and hard work! Don’t just make a profile and upload videos, build an online presence using Twitter or other social media platforms. Ask people questions. Be creative. Research your audience. What do they want to watch?
What kind of channel should you build? Play or live-stream your favorite video games. Craft educational content. Create challenges. If you’re passionate enough about the videos you create, you’ll be on your way to reaching your goals.
11. Create Your Own Blog
Blogging can be for a hobbyist, but it doesn’t have to be. It can be quite a successful stream of income if done correctly. Choose a topic you love, and start writing anything and everything.
Thinking of being a tech blogger? If you love gaming, write about how to build a PC, or write an in-depth review about your new graphics card. If you’ve purchased a laptop recently, review the best specs and why somebody else should buy it! With consistent blogging, you’ll eventually be able to monetize your website. If you’d like to learn more, here are some things to do before starting a new blog.
12. Create an Online Course
You may think this is an overly saturated digital business, but not if you’re creative-minded. Think of something you’ve achieved over the years. Are you a great musician? Do you know how to use complex video editing?
There is always an audience of people who would want to learn your breadth of knowledge with anything you know. If you play piano, consider piecing together a program for beginners. Plan each lesson, divide them, and think about what will be most valuable. The price isn’t important, it’s the amount of value you’ll be giving others who will appreciate your level of expertise.
Delve Into the Digital Entrepreneurial Journey
Results in building a business may not always appear straight away, but your patience will always be rewarded. If one thing doesn’t work, try another. You’ll be surprised at the things you learn along the way of discovering yourself.
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