Will 2019 be the year you will finally create a profitable online business?
You’ve thought about it every year. You’ve gone over countless online business ideas in your head and imagined what your life would be like if you could quit your job and generate money on the internet.
You could travel the world with ease, create a comfortable lifestyle for yourself and your family, and achieve financial freedom. You could finally escape the constraints of the 9-5 lifestyle and own your time completely.
But then, what happens? Usually, you spend some time considering the ideas but ultimately resort back to your comfort zone.
The steady income of your secure job, the ease of having somebody else tell you what to do every day (instead of trying to figure it out from scratch), and the consistent schedule.
You tell yourself, “You know what? This year is a little too crazy. I’ll start that online business next year!”
But “next year” never comes.
I’m here to tell you that 2019 is the year you should start your online business. There’s more opportunity than ever, and you should take the advantage!
To help you get started, I’m going to lay out some online business ideas. Read through them, see which you connect with, and start doing your research. Then get started with one, it’s that simple!
Start a Blog and Monetize it
I talk a lot about how to start a blog on this website, and for good reason. In 2019, it’s easier to start a blog than ever before, and your blog can also be a big potential source of income (if you know how to monetize it).
Keep in mind that you don’t just start a blog and expect the money to roll in. You need to create content consistently, and it also needs to be content that educates, informs, or entertains people. In other words, it needs to capture their interest in some way.
What’s more, you need to sell something through the blog. This can be ad space, products, digital products, sponsored posts, coaching, ebooks, etc.
But if you’re willing to put in the work and you’re in it for the long haul, blogging can be extremely profitable (some bloggers make £25k per month or more).
Get Started With Affiliate Marketing
Affiliate marketing is basically the process of earning a commission by promoting somebody else’s product.
There are two main ways most people do affiliate marketing:
Many affiliate marketers have success with Amazon. There are literally millions of products to choose from, and it can be quite profitable. For more information, you can check out the Amazon Associates Program.
Quick side note: Before you start affiliate marketing, it helps to have at least a basic knowledge of SEO and copywriting (more on each of these later).
That being said, you can read a few copywriting books and look through the beginners guide to SEO from SEO Moz to help you get started.
Set Up an E-commerce Site
One of the best ways to earn online income is through setting up an e-commerce store. Here’s the plus side: if you try to go the route of affiliate marketing, the best affiliate marketers are focused on 3 main niches; dating, weight loss, and making money online. You would have to compete with the best of the best, and it’s not easy.
With the e-commerce route, in many markets, you’ll be competing against old-school business people who may or may not have any internet marketing experience. Many of them have glitchy, out-of-date websites, which leaves you a lot of room for improvement, and you can capitalize on their shortcomings.
It’s still not easy by any means. It requires hard work, and you need to stand out amongst the hundreds of thousands of ecommerce websites and online stores. But by filling a unique niche and executing the right marketing techniques, you can make your ecommerce store a profitable success.
Self-Publish a Book on Amazon
Have you ever thought of writing a book, but didn’t know where to get started? All the publishing nonsense, the editing and formatting, the marketing, etc.?
With Amazon, you can self-publish a book fairly easily, and really make money from it. There are some simple and inexpensive guides like this one to help you write your book AND have it generate consistent income.
Here’s the secret sauce: If you can launch your book and get a few hundred sales in the first week, Amazon will take over and start promoting it for you. This way you can make some real money from it. It’s actually easier than it sounds, but we’ll get to that in a minute.
Create a Digital Product or Course
Creating a digital product or course is similar to writing an ebook. You’re monetizing your expertise by teaching it to the others.
That being said, you don’t have the benefit of Amazon promoting your course. You have to do the promoting yourself through your own website, your email lists, and possibly through affiliate partnerships. You also need to create a compelling sales page that will convince visitors to buy from you.
If you don’t already have an audience, it might be better to self-publish on Amazon first. That way, you can validate your course idea, grow your email list (just make sure to have an email opt-in at the front and back of the book!), and more or less create a rough draft of the course (since it will probably be similar to the book).
Become a YouTuber
Videos are becoming more and more popular. From Instagram and Snapchat Stories to Facebook Live video, videos will only continue to grow. If you’ve always loved the thought of being behind the camera, now is the time you can take an advantage.
Whether it be starting a vlog and getting ad revenue/selling products to your audience, or building a YouTube channel to drive more traffic to your website – 2019 is a great time to get started.
Not only will making YouTube videos help you tell better stories and provide more valuable content to your audience – it can also help you get profitable speaking opportunities.
The best part is, you don’t even need to go out and buy an expensive new camera – as long as you have a smartphone with a quality camera lens, you can start filming your first video right now!