Starting a new business online requires much less risk than investing
your dollars into a brick-and-mortar storefront or downtown office.
Because your business is based online, you can reach more potential
customers, work from virtually anywhere and make money online
without large overheads. With some basic website and communication
skills along with a little maintenance know-how, almost anyone can
launch a business online and get it up and running in only days. Think
you’re ready to become the next big entrepreneur online?
Here are a few great online business ideas to get you thinking in the right direction. While some of these ventures can bring in a nice passive income, some of these online money making ideas can actually create small fortunes.
Sites like Viralnova.com and Fukarf.com create compelling content by finding funny, emotional and inspirational stories on Reddit, Facebook and Imgur, rewriting the content, adding some more detail and publishing the content on their own site.
Just to give you an idea on how successful these types of sites are, ViralNova was set up buy one guy who hired a couple of writers to rewrite successful content that was published on other sites around the web. This site sold for $100 MILLION!!! Before that, ViralNova was making $400k+ per month in ad revenue.
With a bit of promotion on sites like Twitter, Facebook, Reddit, Stumbleupon and eventually organic traffic, within a couple of months you should be pulling in 30K to 50K unique vistits a month. Monetize the site with adsense to get some revenue in to cover costs of your hosting and domain name costs.
Ok, you’ll be making peanuts to start with( $10 to $50 a month), but as the traffic grows, this figure could grow to $1000 + a month. Then potentially you could flip the site for 30 times the monthly revenue. I know people who do this all the time and flip sites after 8 months for $10,000 + !
Check out my guide on How To Start A Blog, to see how you can get this business idea off the ground in less than an hour!
Or just go straight to BlueHost and get your blog live and making money!
LUEHOST SALE UPDATE: 7th February 2018
You can get BlueHost’s basic hosting package for a crazy $2.95 per month ( 36 months )
If you want a plan that allows you to scale up your blog / website in the future then I would suggest you go for their Plus Package for just $5.45 per month. With this plan you get more unlimited features such as bandwidth and the ability to host unlimited websites on your account.
One of the easiest ways to make a few bucks online is affiliate marketing. An affiliate is essentially someone who receives a commission for selling products for other companies, whether it’s on their own site or through another channel like eBay. The best part is that you don’t have to develop any products yourself, just sell other people’s products.
For example, Amazon affiliates can potentially rake in obscene amounts of commission dollars if they work at it. Simply sign up as an affiliate to sell a company’s products using your special referral link, and you can get a commission for each product sold without lifting a finger. Commission ranges from product to product and also goes up in stages according to how many products sales your clicks generate. The top commission tier is 8%. That adds up to some serious amounts of cash each month if you’re promoting products with that high rate of commission ( Home & Garden is one such product area with high commissions).
Also, affiliate networks like Shareasale or ClickBank offer a vast array of products to promote as well. Some of the highly contested niches such as health and gambling can make people millionaires. Being an online affiliate can be a great way to create a passive income for you and your family.
Here are a few great online business ideas to get you thinking in the right direction. While some of these ventures can bring in a nice passive income, some of these online money making ideas can actually create small fortunes.
Online Business Ideas You Can Start TODAY!!!
1. Start a Listicle Blog
A really simple idea that would only take up to 1 hour of your time a week and about $20 in costs. Over time it could make you quite a bit of money.Sites like Viralnova.com and Fukarf.com create compelling content by finding funny, emotional and inspirational stories on Reddit, Facebook and Imgur, rewriting the content, adding some more detail and publishing the content on their own site.
Just to give you an idea on how successful these types of sites are, ViralNova was set up buy one guy who hired a couple of writers to rewrite successful content that was published on other sites around the web. This site sold for $100 MILLION!!! Before that, ViralNova was making $400k+ per month in ad revenue.
With a bit of promotion on sites like Twitter, Facebook, Reddit, Stumbleupon and eventually organic traffic, within a couple of months you should be pulling in 30K to 50K unique vistits a month. Monetize the site with adsense to get some revenue in to cover costs of your hosting and domain name costs.
Ok, you’ll be making peanuts to start with( $10 to $50 a month), but as the traffic grows, this figure could grow to $1000 + a month. Then potentially you could flip the site for 30 times the monthly revenue. I know people who do this all the time and flip sites after 8 months for $10,000 + !
Check out my guide on How To Start A Blog, to see how you can get this business idea off the ground in less than an hour!
Or just go straight to BlueHost and get your blog live and making money!
LUEHOST SALE UPDATE: 7th February 2018
You can get BlueHost’s basic hosting package for a crazy $2.95 per month ( 36 months )
If you want a plan that allows you to scale up your blog / website in the future then I would suggest you go for their Plus Package for just $5.45 per month. With this plan you get more unlimited features such as bandwidth and the ability to host unlimited websites on your account.
2. Become An Online Affiliate
One of the easiest ways to make a few bucks online is affiliate marketing. An affiliate is essentially someone who receives a commission for selling products for other companies, whether it’s on their own site or through another channel like eBay. The best part is that you don’t have to develop any products yourself, just sell other people’s products.
For example, Amazon affiliates can potentially rake in obscene amounts of commission dollars if they work at it. Simply sign up as an affiliate to sell a company’s products using your special referral link, and you can get a commission for each product sold without lifting a finger. Commission ranges from product to product and also goes up in stages according to how many products sales your clicks generate. The top commission tier is 8%. That adds up to some serious amounts of cash each month if you’re promoting products with that high rate of commission ( Home & Garden is one such product area with high commissions).
Also, affiliate networks like Shareasale or ClickBank offer a vast array of products to promote as well. Some of the highly contested niches such as health and gambling can make people millionaires. Being an online affiliate can be a great way to create a passive income for you and your family.
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