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© 2020 by Kacy Jackson, MBA

6 Legitimate Ways to Start Your Own Business and Make Money by Teaching What You Know

Millions of online searches take place every day which opens the doors for all sorts of opportunities for new and aspiring entrepreneurs to make money online.

In fact, now is the BEST time to create the business of your dreams, so you can start enjoying the many advantages..

The freedom to travel, create your own schedule, and of course make money doing the work you love are just a few of the perks. And if being a self-paid entrepreneur strikes your fancy (like I know it does!) here are a few of the top ideas you can create with just a computer, high-speed internet connection, and a phone…

1. Start a blog.

You can write articles, create videos, or record a podcast about anything that will be interesting to other readers. By targeting a specific niche (i.e. fashion, personal finance, health, fitness, etc.), your blog can be a platform for making money through advertising, services, and information products.

2. Turn your hobby into a business.

If you have a hobby like making crafts you can expand your business online with a website that caters to your product offerings. Start with your best or most requested product design, and use online marketing strategies to drive traffic to your website. For a quick and effective start, utilize marketplaces such as Etsy to showcase your work and find new customers.

3. Create and sell e-courses or books.

If you’ve got some brains to go with that beauty like I know you do, consider creating information products such as e-books and e-courses. If you are passionate about a topic and can map out the steps to solving one or more problems in that area then you’ve got what you need for a startup.

Oh, and there’s no need to be an expert to make your first sales. As long as you’re at least a few steps ahead of your target audience, you have the potential to cash in on a very lucrative industry.

4. Offer your services as a freelancer.

Businesses both online and in your local area are looking for help from freelancers. Why are these companies so needy? Hiring you as a contractor who works by the project lowers the overhead cost for the company while you make more per hour than a regular employee.

Freelancing might be the perfect way to strut your stuff online if you've got skills already or want to invest in learning a new one.

Freelance writers, graphic artists, website designers, programmers, project managers, copywriters, consultants, and social media marketers are just a few of the positions in high demand.

5. Serve as a Virtual Assistant.

Hiring a VA is on trend for many small businesses. Virtual Assistants can be found in all industries like healthcare, real estate, marketing, and publishing. They can fill a variety of roles ranging from basic administrative functions to more complex needs such as website administration, report creation, and research.

If you feel like you’re not ready to fully step out on your own just yet, this is an excellent way to become a part of someone else’s enterprise and still earn the money and freedom you desire.

6. Become a coach or consultant.

Helping people and small businesses reach their goals or overcome challenges can be a profitable venture. In fact, coaching is one of the fastest growing industries, and it’s second only to technology. It can also be a fun opportunity to get paid just for listening and help people implement strategies to improve their life, career, and/or business.

Weight loss, starting a business, productivity, relationships, spirituality, personal finance, parenting, and career are all examples of profitable coaching niches.

Final thoughts....

With the right guidance and resources, it’s now easier than ever to create the life and career of your dreams. If your idea of the perfect job involves becoming your own boss then this list should get you started.