Online Home Based Business Ideas: How to Get Started
Many people have asked me time and time again, “What is a good online home based business idea?” The main ways to make money online are: sell a service, sell a product, or be an “infopreneur”.
#1: Sell a Service
If you have marketable skills that can be used to launch a service business, then you can make online by offering your services for sale. For example, if you are a good writer and editor, you can sell your writing and editing services online from your website.
#2: Sell a Product
If you don’t your own product or service to sell, you can:
* Promote affiliate programs – sell other people’s products for commission on the sale.
* Create your own product – develop reports, ebooks, audio or videos tapes.
#3: Become an Infopreneur
An “infopreneur” provides valuable niche-related information, whether she sells information online (i.e. ebooks, videos, membership website), and/or makes money through ads on her website.
The biggest advantage of the infopreneur business model is that it is low-maintenance. Compared to selling your services or products (which require customer contact and service), being an infopreneur requires less time and is more flexible.
Start by thinking about what topics you are most passionate and knowledgeable about. If you stick with a subject you know and love, you’ll significantly increase your chances of success.
How to Get Started
First, focus on just one of the above online home based business ideas as your primary way to make money online. After you have built your online website, reputation, and traffic — then you can diversify your sources of income online for more income stability and growth in the long run. But first, I would suggest that you choose one of the above three ideas as your primary goal and starting point.
So combine one of the above home business ideas with your passion…and you have the beginnings of a thriving online home based business IF you are willing to work hard on your business.
Next, spend some time to plan out your online home based business, then you can get a domain name and web host, and start to build your own website.
Need more help with your online home based business idea?
Site Build It! helps small business owners throughout the entire process — from coming up with your own profitable, online home based business idea to building and promoting your own website. I’ve personally used this all-in-one website planning, building, and hosting solution with impressive results — take a look at the SBI case study on my website.
In fact, SBI simplifies it by making all of the technical, complicated issues disappear. You’ll need a web host to get started — so why not pick a web host that guarantees your business success?
SBI not only offers all the features you need to succeed (and then some), but it also teaches you how to use these tools step-by-step, so you build a thriving business that will reward you for life. SBI guides you along each step with its proven system to help you build your own successful business.
