How To Start An Online Business
7 Trending Online Businesses Models That Make People Money in 2021
How To Start An Online Business In 2021
Starting an online business has plenty of perks, but it also comes with its own set of adversity and challenges.
Here's the truth, starting an online business can be lots of hard work and while many think of the internet as a get rich quick kind of deal, you'll still need a fundamental understanding of how to run a business.
In real life, "the internet" is just a channel that connects businesses to people.
Think of it as an incredibly powerful tool that lets you reach your target audience from anywhere in the world, at any time. In this article, we're going to be discussing several online ventures you can possibly explore with one BONUS business that I've used to make passive income online for over 6 years now.
Tons of people have made the leap into entrepreneurship and with the right online business ideas and the right coach, you could be successful in your online business ventures.
Here's the truth, starting an online business can be lots of hard work and while many think of the internet as a get rich quick kind of deal, you'll still need a fundamental understanding of how to run a business.
In real life, "the internet" is just a channel that connects businesses to people.
Think of it as an incredibly powerful tool that lets you reach your target audience from anywhere in the world, at any time. In this article, we're going to be discussing several online ventures you can possibly explore with one BONUS business that I've used to make passive income online for over 6 years now.
Tons of people have made the leap into entrepreneurship and with the right online business ideas and the right coach, you could be successful in your online business ventures.
Online Business Ideas
- Become a consultant or expert
More businesses seek experts in certain fields because their staff consists of many "do it all" kind of individuals. They have knowledge in many different areas but can't claim they're an expert at any one given thing.
Many popular online consulting jobs are often related to promoting a business such as Search Engine Optimization (SEO) or Social Media Management or Paid Search Advertising with Google Adwords or Facebook Ads Campaigns.
If you have any design skills or know how to build websites you can reach out to businesses and provide constructive user experiences that will ultimately help the person you're consulting for.
Many times, people who are very skilled at something tend to be humble about it. But don't let that hold you back from possibly exploring a new career change in consulting for your niche. Your expertise could literally be a 6 figure salary coming into your pocket and you didn't even know it!
2. Sell Stuff on Etsy.com
People who are crafty tend to sell stuff on Etsy so if you're more of an artsy person this may be the route for you.
If you didn't know this already, Etsy is an online marketplace for people who want to sell their hand crafted items or goods. If you paint, knit, carve, weld, sew, mold or just do anything that requires an artisan skillset, you can most likely sell it on Etsy!
Spending 15 minutes searching around different Etsy stores and you will find individuals from all over the world, hand crafting items and then selling them.
People who are crafty tend to sell stuff on Etsy so if you're more of an artsy person this may be the route for you.
If you didn't know this already, Etsy is an online marketplace for people who want to sell their hand crafted items or goods. If you paint, knit, carve, weld, sew, mold or just do anything that requires an artisan skillset, you can most likely sell it on Etsy!
Spending 15 minutes searching around different Etsy stores and you will find individuals from all over the world, hand crafting items and then selling them.
Some people treat this as a side hustle and others treat this as a new and exciting career change! Just think, your little hand crafted table or whatever it is you make could be a new career for you if people are interested enough.
Etsy provides an easy template for these individuals and a ton of how to do it guides so people don't get overwhelmed with starting the technical online side of this business.
Etsy provides an easy template and lots of how-to guides, so you won’t get overwhelmed with starting the online portion of your business.
If you have even the slightest bit of creativity or artistic talent, Etsy is a no-brainer for making side income online.
Etsy provides an easy template for these individuals and a ton of how to do it guides so people don't get overwhelmed with starting the technical online side of this business.
Etsy provides an easy template and lots of how-to guides, so you won’t get overwhelmed with starting the online portion of your business.
If you have even the slightest bit of creativity or artistic talent, Etsy is a no-brainer for making side income online.
3. Start a Dropshipping Store
If you're looking to start an e-commerce store then buckle up. This venture can be a massive undertaking and require a hefty upfront investment. Basic costs like purchasing your domain name and website hosting aside, you'll need to buy, store and ship the products you sell on your online store.
Dropshipping stores can vary though. With a dropshipping store you only have to do a fraction of the work if you really know what you're doing. Now days, dropshipping stores allow you to not only create a website and sell products, but also allow you to not keep the inventory or ship those products because it's all taken care of by a third party.
When a customer buys a product from your e-commerce website, you place an order with the third-party wholesaler, then they ship it directly to your customer on your behalf. Dropshipping stores will save you, time, money and resources if you absolutely know what you're doing.
If you don't you could be in for a big headache. Some guys like Jared Goetz offer e-commerce training programs but these will typically cost you thousands of dollars just to get in and then you'll get limited info on the subject.
In my opinion, e-commerce isn't for your average online business startup. With fluctuating ad costs, ad inefficiency, market volatility and saturation, I just feel like e-com isn't worth it in 2021 unless you have an expert strategy and thousands to throw at it.
If you're looking to start an e-commerce store then buckle up. This venture can be a massive undertaking and require a hefty upfront investment. Basic costs like purchasing your domain name and website hosting aside, you'll need to buy, store and ship the products you sell on your online store.
Dropshipping stores can vary though. With a dropshipping store you only have to do a fraction of the work if you really know what you're doing. Now days, dropshipping stores allow you to not only create a website and sell products, but also allow you to not keep the inventory or ship those products because it's all taken care of by a third party.
When a customer buys a product from your e-commerce website, you place an order with the third-party wholesaler, then they ship it directly to your customer on your behalf. Dropshipping stores will save you, time, money and resources if you absolutely know what you're doing.
If you don't you could be in for a big headache. Some guys like Jared Goetz offer e-commerce training programs but these will typically cost you thousands of dollars just to get in and then you'll get limited info on the subject.
In my opinion, e-commerce isn't for your average online business startup. With fluctuating ad costs, ad inefficiency, market volatility and saturation, I just feel like e-com isn't worth it in 2021 unless you have an expert strategy and thousands to throw at it.
4. Buy and Sell Domain Names
If you have ever thought about buying and flipping homes then check out this lucrative venture- buying and selling domain names.
Buying low and selling high with actual real estate, domain name flipping can have missive margins that can put tons of cash in your pocket if you know what you're doing.
Back in 2010 there was a web domain that basically broke the internet: Insurance.com sold for $35.6 MILLION dollars.
Yes, you read that right. $35.6 million.
So how easy is it for you to buy and sell domain names? Honestly, this is one of the easiest venture you'll get into on this webpage. Personally, I use Go-daddy because it's very easy to see what's available and what isn't.Also, there is an auction page where you can list your web domains for sale. This makes it extremely viable to make $$ with this venture.
So what's the drawback of buying domain names? Well, if you don't know what you're doing those $13 domain name purchases will rack up pretty quickly as owning 100 domains will cost you $1300 at the end of the year. But you really only need to sell one high profile domain name to easily justify the costs of everything.
Personally, I buy up generic names or brand names of businesses who haven't gotten their business online yet, then capitalize on them when they go to buy the name.
There are literally hundreds of auction sites to choose from. Again, I use Go Daddy because they have exception customer service and it's just easier to buy from them.
Buying low and selling high with actual real estate, domain name flipping can have missive margins that can put tons of cash in your pocket if you know what you're doing.
Back in 2010 there was a web domain that basically broke the internet: Insurance.com sold for $35.6 MILLION dollars.
Yes, you read that right. $35.6 million.
So how easy is it for you to buy and sell domain names? Honestly, this is one of the easiest venture you'll get into on this webpage. Personally, I use Go-daddy because it's very easy to see what's available and what isn't.Also, there is an auction page where you can list your web domains for sale. This makes it extremely viable to make $$ with this venture.
So what's the drawback of buying domain names? Well, if you don't know what you're doing those $13 domain name purchases will rack up pretty quickly as owning 100 domains will cost you $1300 at the end of the year. But you really only need to sell one high profile domain name to easily justify the costs of everything.
Personally, I buy up generic names or brand names of businesses who haven't gotten their business online yet, then capitalize on them when they go to buy the name.
There are literally hundreds of auction sites to choose from. Again, I use Go Daddy because they have exception customer service and it's just easier to buy from them.
5. Build Amazon Websites
If you've shopped on the powerhouse website Amazon, you know that the company has a vast amount of products that are constantly selling. So why not get in on the action? You can sign up to be an Amazon Affilate partner and you will earn a commission every time someone coming from your website purchases products on Amazon itself.
Basically, Amazon niche sites are different than a normal affiliate website. In fact, that website will focus on one single type of product like rechargeable batteries, hair products, makeup and so much more. Another interesting fact is that Amazon niche websites have a better chance of being indexed and found by search engines like Bing or Google. Ranking for these keywords will naturally drip in interested parties that will purchase your products.
Although this undertaking will require lots of work in the beginning, it's a simple concept that has many people raking it in day after day. Could this venture be for you? Or is there another option out there that will cost less, make you more and be truly passive.
Why, yes. Yes there is.
Which leads us to...
If you've shopped on the powerhouse website Amazon, you know that the company has a vast amount of products that are constantly selling. So why not get in on the action? You can sign up to be an Amazon Affilate partner and you will earn a commission every time someone coming from your website purchases products on Amazon itself.
Basically, Amazon niche sites are different than a normal affiliate website. In fact, that website will focus on one single type of product like rechargeable batteries, hair products, makeup and so much more. Another interesting fact is that Amazon niche websites have a better chance of being indexed and found by search engines like Bing or Google. Ranking for these keywords will naturally drip in interested parties that will purchase your products.
Although this undertaking will require lots of work in the beginning, it's a simple concept that has many people raking it in day after day. Could this venture be for you? Or is there another option out there that will cost less, make you more and be truly passive.
Why, yes. Yes there is.
Which leads us to...
6. Local Lead Generation
This is by far, my most favorite way to make money online. Starting an online business has never been easier when you have the right formula and I've been doing this for over 6 years now.
What is local lead generation? Local Lead Gen is the concept of building websites for niche businesses, phone driven ones are better because the intent to purchase is higher, and then forwarding these leads to an interested party.
Most days my lead generation sites are active and buzzing like a living organism. Constantly churning in local traffic for that niche and then, you the entrepreneur, capitalizing on them.
So what does it take to start your own local lead generation business?
Well, you're going to need to know how to rank websites on Google and that takes the skillset and knowledge of Search Engine Optimization (SEO). If you know how to rank websites you'll be sitting pretty once you acquire those target keywords for your niche lead generation website.
Identifying what niche you want to build a website for can be equally as tricky. Pick the wrong niche and you could be sitting on top of a website where you can't even find someone to take the leads from. Pick the right niche and you could have a simple website turn into a money making machine.
This is by far, my most favorite way to make money online. Starting an online business has never been easier when you have the right formula and I've been doing this for over 6 years now.
What is local lead generation? Local Lead Gen is the concept of building websites for niche businesses, phone driven ones are better because the intent to purchase is higher, and then forwarding these leads to an interested party.
Most days my lead generation sites are active and buzzing like a living organism. Constantly churning in local traffic for that niche and then, you the entrepreneur, capitalizing on them.
So what does it take to start your own local lead generation business?
Well, you're going to need to know how to rank websites on Google and that takes the skillset and knowledge of Search Engine Optimization (SEO). If you know how to rank websites you'll be sitting pretty once you acquire those target keywords for your niche lead generation website.
Identifying what niche you want to build a website for can be equally as tricky. Pick the wrong niche and you could be sitting on top of a website where you can't even find someone to take the leads from. Pick the right niche and you could have a simple website turn into a money making machine.
This is my first lead generation website: Orlando Towing Company.com
For over 6 years, this website has been cranking in the dough because Local Lead Generation is the REAL DEAL.
I learned how to identify amazingly profitable niches, build websites, rank them on Google and monetize them from a really good friend of mine who started a marketing group that now has over 7,000 people doing this world wide.
It costs next to nothing to run and operate, a mere $67 per month and rakes in over $2,000 every month.
I haven't worked on this website in over 5 years which means, yup you guessed it, true PASSIVE income.
For over 6 years, this website has been cranking in the dough because Local Lead Generation is the REAL DEAL.
I learned how to identify amazingly profitable niches, build websites, rank them on Google and monetize them from a really good friend of mine who started a marketing group that now has over 7,000 people doing this world wide.
It costs next to nothing to run and operate, a mere $67 per month and rakes in over $2,000 every month.
I haven't worked on this website in over 5 years which means, yup you guessed it, true PASSIVE income.
Why Choose Local Lead Generation over all the other online business models?
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When a website is ranked on top of Google for specific keywords, the website will generate customers! When it's done right these websites will generate leads consistently and passively making Local Lead Generation one of the most lucrative online businesses to get into in 2021-2022.
You might be asking questions like "why cant business owners do this themselves?" Here's the truth: Ranking on Google isn't easy to do by any means. Sure, you might be able to rank for a low end keyword in a low population town, in an obscure niche, but that's not going to help you generate good, passive, long-term income. Because of this, most businesses suffer from paying a digital marketing agency or SEO firm thousands of dollars every year sometimes getting limited results and very poor ROI. So why do local lead generation? It's all about owning your assets. Owning lead generation properties will have business owners eating out of your hands day in, day out! See when you own the lead gen property those leads are exclusively yours to sell. I spent years of my life generating leads for businesses on their site and when the time came to cut expenses because they're 6 months booked out, I'm standing at the alter alone. But not anymore. |
Diversify your income streams with true passive income - local Lead Generation
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Let's break down the math here for my first and most lucrative lead generation site:
This site has been up for 6 years now. Took 3 months to get it ranked and rented. Total time Invested was about 30 hours. Now here's where things get spicy! This site generates over $2,000 per month. That's 69 months x $2,000. That's $138,000! Per hour that's $4,600!! Talk about a BIG win. That's a huge deal considering this website only costs me $67 every month to operate. And finally, I haven't worked on this website in over 5 years. Not one piece of content added. No new pics. No security certs added. Just beautiful, passive income coming in every single month. Could you use an asset like the Orlando Towing Company website? If so, keep reading! |
If you're ready to take action, book your coaching call here
If Local Lead Gen makes sense to you then book your call with one of our coaches in the program today
If you're not a risk taker or you don't take action when a great opportunity presents itself please don't book. Our coaches are successful students in the program and their time is worth a lot. So please don't no show either.
