Become a member of the online entrepreneurs' club - free and important for you!
Become a member of the online entrepreneurs' club - free and important for you!
The online economic revolution
Are you, not a successful online entrepreneur? Do you want to know why? How to become a successful online entrepreneur?
Everyone is talking about how the Internet has brought about a new economic revolution. Never before has the economy changed so much in such a short time as now, in the age of online businesses. Never before has it been possible to start and run a business without money and risk. Starting a business was not that easy. And yet, 96 percent of newly started online businesses fail in the first two years and only one in ten succeeds. Why?
Dealing with online businesses is a significant internet activity. In less than a second, the Google search engine found 2.8 billion blogs and websites on the Internet that deal with online business ideas. The number of blogs and websites dealing with online business ideas that are paid for as advertising can be put at several hundred. The other sites dealing with online businesses were produced by website owners and bloggers working on the Internet.
Millions of new websites that deal with online business ideas appear on the Internet every day. Most of them only mention a few online businesses that are mentioned too often, such as starting a blog, becoming an online assistant, becoming an online translator... Most of these sites start with: "The 5 best online business ideas" "The 7 most successful online businesses" or something similar. Besides the fact that these pages help their owners to be among the first in search engine results lists for search terms containing the word online, they do not contain much useful content. For example, they don't tell you how to be a successful online entrepreneur. They don't tell you step-by-step how to start and run your online business. They don't tell you how your online business will make you money. In short, they don't convey the point.
There are also good examples among blogs and websites dealing with online business ideas
But there are millions of businesses talking about 100 or so online business ideas. There are already many types of online businesses. But this is far from the full number. For example, the website https://marketsplash.com/online-business-ideas/ talks about 200 online businesses. The website https://www.nibusinessinfo.co.uk/content/600-small-business-ideas has collected 600 business ideas suitable for small businesses, a significant number of which are online business ideas. The website https://upstriderofficial.com/products/600-digital-products-ideas-to-create-and-sell-today-for-passive-income-etsy-digital-downloads-small-business-ideas-and-bestsellers-to-sell describes 600 digital products, all of which can be the basis of a successful online business idea.
In fact, there are actually around 600 types of successful online business ideas in the world. And to this must be added those businesses that work with the help of connected online and physical products, such as webshops, Internet media, and physical media websites. And you have to add those Internet business ideas that, although they appear on the Internet, are not completely online businesses. Let's say those online businesses that deliver their products to the customer by mail or courier service.
It would be unfair if I didn't mention that a book has been published with the largest number of online business ideas. The book "600 Business Ideas You Can Start from Home 2023" is offered at https://www.ebay.com/itm/165967108891?chn=ps&mkevt=1&mkcid=28. (for much less than what the author could ask for the product of the work resulting in such a collection)
And they are not lying, there are actually more than 600 types of online businesses in the world that provide their owners with a living. In fact, it is almost certain that a large number of the successful online companies of the future will also come from these.
After that, you should definitely think about why you are not a successful online entrepreneur? The answer is simpler than you might think: Not every online business is right for every person who wants to start an online business. Once you find the online business idea or online business ideas that work for you, you will be successful.
It's okay if you browse websites and blogs dealing with online business ideas. In fact. Here's how you can get even more information. And if you want to be a successful online entrepreneur, the right information is the most important thing. The ones that will get you started and take you all the way from a beginner online entrepreneur to a successful online entrepreneur. Read and take notes.
When you read about an online business idea, first of all, try to find answers to the following questions in the text, or if you can't find them there, try to look them up on the Internet or in your own environment, but you have to find some of the answers to the questions yourself:
- Do you have the conditions (machines, equipment, money) necessary to implement the given online business?
- Do you have the qualifications to run the given online business? (For example, almost every country in the world issues a school-leaving license to translators, and those who do this work online must also have this, even if the sites dealing with online business ideas do not mention this in many cases. Or an entrepreneur dealing with electrical installation, car assembly, health care, and many other things must have an appropriate education and if his advice leads to an accident, injury, or damage, they are liable in court).
- Do you have the knowledge and experience to run the given online business?
- Can you generate demand for the product or service of the given online business?
- How can you introduce people to the fact that your online business does a given online business?
- Do you like doing what the online business is all about?
- How to make money with the given online business idea?
- How much money can the entrepreneur earn with the given online business idea?
- How long does it take for the given online business idea to start generating money for its owner and how long does it take for the given online business to bring a stable, predictable profit?
Of course, in addition to this, you need to get answers to several other questions before you decide which online business idea to implement. But these are the most important questions that relate to the extent to which an online business idea will suit you. So if you want to be a successful online entrepreneur, be sure to answer these questions before you get down to business. Otherwise, your work will be a waste of time, your online business will be barely making a living, or more likely, you will be among the 96 percent of online businesses that fail in the first two years. Do you want that?
Online businesses: opportunity, dream or reality
Letters and answers:
A, 14: I am 14 years old. Everyone in the family has a modern mobile phone. Older people can't do much with it. I usually delete unnecessary messages for my grandparents, download some apps that they want or that I think they need. I organize their photos and videos, transfer them to a flash drive so they don't get lost, and provide them with some important details that the people who recorded them would forget, such as where and when the picture or video was taken, and who is on it. I always get paid by them for my work. I thought it might be possible to turn it into an online business.
ANSWER: It is commendable that you invented yourself at such a young age and are looking for a job. The idea is good, but this is not an online business because you need to be physically present to do the work. On the other hand, you sell your time like factory workers. So you can only earn as much as you can sell your time. But the business can be classified as internet services, so you will not need special equipment, machines, production premises, or a warehouse.
Fortunately, many seniors will welcome such a venture. You should know that the start-up time of such a business is slow, say it takes 90-150 days to become a well-earning system. You have to advertise a lot, which will not be a big expense because the viral advertising of such a business (when clients tell each other about your work and advertise your business) is very good. It is also good that the company can count on a relatively stable clientele, and the drop-off of clients will be relatively small.
How to calculate your salary is a separate question. Take the average salary (you can find it on the Internet). Multiply that by 1.5 for taxes and contributions, then the whole thing by 2, since you also have to expect that you won't have a job all the time, there will be times when you can work less. Divide the received amount by 180. The number you get should be your hourly wage. You can also round up the amount so that you don't have to count the change. You should know that if your work is too expensive, many people will not trust you with the work.
T, 67: I am a retired teacher. But I don't want to deal with online education, because I think my major is not the most popular among students. After that, I had already dealt with enough bad students at school to avoid them. Talking to people, I was struck by how few young people use the Internet to build a career. They'd rather just play. I thought I would be a career consultant. What do you think about this?
ANSWER 1: It is true that most young people do not take advantage of the opportunities provided by the Internet to build their careers. Of course, if someone were to guide and help them, surely many more people would be involved in this. Consulting is one of the best online businesses: it provides a relatively high income, but unfortunately, it has a slow start-up time. I consider career counseling good because there is little competition. Parents want to provide the best possible conditions for their children. They, the parents, will be your customers because they pay, but your target audience will be the students whose careers you help. I don't think it needs to be said how much better a student is received at universities that already have well-known and published works. Your student can also collect data for assignments from the Internet. But you can even do research with a free Google form and social media. (Many people fill out good questionnaires and quizzes.) You can help him a lot in compiling the thesis. Then you can even publish it on your own website. Of course, you have to advertise a lot, but there is an opportunity for this on social media and if the topic is good, many people may be interested in what people answered the questions. Finally, there is the unique book edition. You only need to order 5-10 books, which can be placed in the school library or, in smaller towns, in the city library. The school will even boast a book by its former student. And a few copies are needed so that the student can show that, look, I did this.
To begin with, you prepare a study, walk the whole way and advertise the opportunity in the meantime. Target the parents of the best students. If they are rich enough, they will do everything to ensure that their child does not fall behind.
ANSWER 2: As a teacher, you learned something that is valuable: To teach someone. Get out of the magic circle of your profession. Teach something else. Painting, sculpture, poetry, handicrafts. You can learn everything on the Internet. I thought of a joke. It appeared in a small-town newspaper: "I give and take English lessons." It's surprising that the joke happened. The advertiser said he only had to be one hour ahead of his student. Of course, don't do it that way. I just wanted to say, that feel free to jump into anything you know or can learn. Online education is one of the most used online business ideas. And statisticians say the trend is that there will be even more online learners in the future. Cut your slice of the cake!
L, 27: I don't speak English perfectly (I live elsewhere), but I want to start an online business in the English-speaking market. I want to start a beauty contest on the Internet for teenagers. What do you think?
ANSWER: One of the best business ideas I've ever written about. Photos (portrait and full-length swimsuit photos) and data (city, age, name, breast, hip and waist, weight, and height) are submitted by users. The problem is that you need at least 20-30 applicants to start, but you can also achieve this by announcing the competition in advance on social media. The girls compete cordially, as those working in the film industry also tend to watch these pages. Choose the winner by online voting. The girl's code must be sent to you by SMS with a higher rate for voters. In this way, the system can automatically summarize who is standing and how. And the SMS with increased rates provides you with income. It's good that private individuals pay here, not companies. Although companies are willing to pay a higher price for online businesses, the mechanism for approving the payment is much more difficult. The good side of the system is that the competition will be promoted by the girls because they will encourage their peers to vote for her. Visitors to the site will also be guaranteed, as both competitors and voters will check the status of the competition several times a day. You can also publish on the website of the competition, and you can publish the continuous status of the competition.
This business can be classified as a niche business because its target audience is very limited: Let's say women aged 18-22. On the other hand, this business also belongs to the group of user-generated content businesses, where the entrepreneur can achieve significant economic results with the least amount of work.
Free membership in the online entrepreneurs club
I have a suggestion: Join the club of online entrepreneurs. Membership is free. Taos receive an email every week about new business ideas and some other information that will help their business. I will not write about these ideas and their practical implementation elsewhere. This is a member benefit of the online entrepreneurs club. And it's free! Why don't you give it a try? Look here: Application form for the online entrepreneur club.
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