Questions

Which online businesses can you start that will return profitable?

3answers

Well, technically - Any. ;-)

Hey there - I'm a new business technology trainer with 6 years experience helping new online business owners get off the ground.

If your goal is to make money quickly, then a service based business will be the fastest - you figure out what you can offer to whom, find them and then perform the service.

Info-products take longer to create and market, but have the appeal of, after the initial huge amount of hard work has been put in, leading to passive or residual income.

ECommerce and selling phyiscal products is the final way to go. If you have something that people really want, then it's just a matter of getting that in front of as many people as possible.

For ALL of these - knowing what you want to do (enjoying it is important - it's going to take a lot of time!), and having some idea of who is going to CARE about what you want to do, and WHERE they hang out is the best recipe.

Feel free to book a call if you want to chat in more detail. :-)


Answered 6 years ago

If you listen to Podcasts I would recommend The Side Hustle Show is packed with business ideas. It's extremely helpful if you are just starting out and would like to know what ideas are worth pursuing. The show is very practical and some of the ideas you can implement straight away.


Answered 6 years ago

The only real answer here is that there isn't any silver bullet or easy way to make money with an online business these days. If there is, the space gets filled quickly and the margins disappear. Like anything in life, whatever business you decide to launch will require time, effort and an ability to quickly evolve and pivot. That said, I suggest reading "The 4 Hour Workweek" for some inspiration.


Answered 6 years ago

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