Business

Be Your Own Boss – 4 Brilliant Business Ideas For 2020 That Don’t Require An Office

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Thanks to the internet, there are plenty of opportunities to make good money online while working from home. All you have to do is figure out what you’re good at and share it with the world, whether that’s selling goods or providing a service.

In the last few years, there are plenty of credible options that have been helping people earn handsomely while doing online work. While some of the avenues are not in the high-income range, a few others definitely offer people a great earning opportunity.

In this article, we are going to look at some of the best work profiles that can be done online. All you need to execute the same are a desktop or a laptop, some time, energy and effort, and an active internet connection.

If you’re thinking of setting up a virtual office this year, we’ve got four brilliant business ideas that you can operate from anywhere in the world.

  1. Create online courses

We all have valuable knowledge and skills worth sharing. Perhaps you’re a talented photographer who keeps noticing mistakes in people’s Instagram pictures. Or maybe you’re an MBA with decades of experience who’s itching to share your wisdom with aspiring entrepreneurs. Wherever your skills and expertise lie, you can share them with the world by creating helpful online courses.

People like you are making money from teaching parenting tricks, resume writing, lucid dreaming, web development, cooking, animal training, alternative medicine, foreign languages, and more.

The number of e-learning platforms that you can use to create course material is also growing. Most offer support and step-by-step tutorials on course creation, promotion, and management.

With the e-learning industry set to make $325 billion by 2025, this is a profitable online business idea if you have a skill you’re passionate and knowledgeable about. You have always wondered what you are going to do with your College Degree. With e-learning courses, you can always earn handsomely on the side with your college education.

  1. Start a Social Media Marketing Agency

There are loads of businesses out there that want to use social media to attract new customers, but don’t have the time to do it. They’d rather hire a digital advertising agency to create social media campaigns on their behalf.

This is where you could come in. You can learn how to run social media ads through free online tutorials, forums, and articles, and then leverage that knowledge by starting a social media marketing agency.

Everyone is great at social media these days. Everyone knows what works and what doesn’t. Plus, the easy availability of resources that spell out the tricks and tricks of social media is common knowledge.

When it comes to social media, you just need to do for a brand, what you are doing for yourself- create meaningful, engaging, artistic and creative posts. You can also use the Reports, Insights and Data. which social platforms provide to optimise your performance.

  1. Become a content creator

Content creation can be highly profitable, and it’s not limited to writing articles. You can make YouTube videos, write a blog, or develop an Instagram following. Let’s say you were to make one YouTube video per week and had the foresight to monetize your channel from the beginning.

All you need to do before trying to become a content creator is choose your niche. Everyone has some hobby or passion that they want to engage with. It can be something like reviewing tech, or driving cars and motorcycles. However, whatever you do, you need to ensure that you are passionate about it. If you have the passion and a fair bit of technical skills, you will be successful.

Choose your subject matter wisely and put some effort into your production, and you could be earning money from old videos while you sleep. As you create more content, you’ll be able to build more income streams through affiliate marketing and advertising.

The same goes for articles on a monetized blog site. For the most part, you don’t need to invest any money to be a content creator. All you need to invest is your time and creative energy.

  1. Provide freelance services

The internet has made the world a more even playing field, allowing people from all regions of the globe to work together. You can become a part of this egalitarian economy by offering your skills as a freelancer.

There are many platforms in the world that let you bid for online jobs. You can be a part of such platforms, showcase your work, build a portfolio and bid on high paying gigs.

Some of the most in-demand freelance skills include copywriting, visual design, web development, and content creation, to name but a few. If you are a content writer, you can also sign up with agencies and work with them on a Freelancer basis.

Conclusion

Don’t let the cornucopia of online business ideas frazzle-dazzle you. We’ve given you a list of four very simple ideas that you can start today. Aside from your time and energy, most of them require little more than a laptop and internet connection (which if you’re reading this, you clearly already have at your disposal) as your upfront investment.

However, you should remember that you need to be steady while pursuing any online earning potential. You are not going to automatically start earning thousands of dollars every month. The start is going to be slow, as there are other competitors in the online industry. The key is to stick around and slowly build a credible base for yourself in the niche.

Once you have been able to gain the confidence of your client or your followers, you will start experiencing financial success. While digital stands for ‘instant’ everything, when it comes to online earning potential, you would need a proper strategy to be successful.

So, what you’re waiting for? Get started today and create the online business of your dreams. As actor Jim Carrey once said, “you can fail at what you don’t want, so you might as well take a chance on doing what you love.”

 

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