The year 2020 has been challenging with many people losing their jobs and the economy contracting all around us, this has meant more people staying at home with more time on their hands and less money coming in.
As a result, there has been an upsurge in small startup business online. Freelancing, eCommerce, and blogging businesses are offering people new opportunities to bring in extra money or replace a lost income.
Below are business ideas to start with and how to be successful with them.
A Digital Marketing Business
Digital marketing is fertile ground for home business startups; all you need is some experience, a laptop, and a home office where you can dedicate some time to building and growing it.
Begin by acquiring a catchy domain name or your own name if possible. Build a website and sign up to Linkin as a digital marketing consultant or specialist.
Even if you’re working alone, you can still advertise as a business on freelance websites and social media.
An Airbnb Business
The pandemic lockdowns have made travelling stricter and less possible, but there are still opportunities to create an Airbnb business and earn some money from it.
Identify a room in your home and set it up as a guest bedroom, include everything that would appeal to you as a guest.
Fit a fire alarm in the room and include plenty of entertainment for guests – consoles, board games etc. You can find out more about noise detectors if you follow the link.
A Freelancing Business
Regardless of your speciality, there is an opportunity online to start a successful home business.
If you have some training and experience in digital marketing, copywriter, graphic design, or consulting, you should sign up to websites like Fiverr and Upwork.
These communities are excellent for matching freelancers with clients. Start a profile there and make it the foundation of your online business; it will then be easier to sign up for other websites like LinkedIn. After you land your first clients, your business will start to grow.
An Ecommerce Business
If you have extra time on your hands and want to start a successful online business, ecommerce maybe your best option. It is probably the most viable option on the list to earn fast cash too.
You can set it up yourself with a domain name and dropshipping service, or you can use a website like Shopify who will do everything for you.
For a small monthly fee, they will help you find a niche and build a profitable online business, from scratch.
A Blogging Business
If you have a passion or interest that you enjoy writing about, then why not start a blog.
If you maintain a good standard of content over a sustained period, you should build up enough of a following to interest advertisers and get accepted onto affiliate programs.
Some blogs like this can earn their owners a useful amount of passive income each month for doing something you would do anyway.
- DISCLOSURE – This post has been written by an outside source
