The Top 10 Creative Ways to Make Money From Home as an Entrepreneur
If you have a goal in mind to launch your own online business, but you don’t know where to begin, you’re not alone. Many people are wondering what the top online businesses are, and there are many to choose from.
The best online business ideas are those where you’re able to work as your own boss, not for a company that will pay less than you want to bring in at longer hours than you want to work.
Below, you’ll find the best 10 businesses you can start online easily without a degree or special training. There are many zero to low-cost options in the list, making it perfect for anyone on a budget – including college students and seniors!
1. As an Affiliate Marketer
If you want something where you’re not having to create anything, but you just get to promote other peoples’ products, then affiliate marketing might be the best option for you.
You can start out for free using social networking platforms, but many people like to invest a small amount in their own domain (about $17 a year) and hosting account (under $10 a month) so they can install WordPress and have an affiliate blog of their own.
Start putting content where you’re reviewing products on your blog or accounts and use your affiliate link to promote digital or tangible products that you recommend so you can earn a nice commission!
2. Info Product Developer
You can set yourself up as an information product creator or developer. Many consumers purchase information online that teaches them what they want to know. Whether it’s how to lose weight, how to make money online, how to train their pet, or how to lessen their stress, they often prefer an immediate download over having to order a physical book and wait for its delivery days later.
You can create digital eBooks or video membership products to sell your information. Many people create an entire line of products, using previous info products as upsells in their funnel.
When you sell as an info product creator, you can recruit affiliates to promote for you and increase your earnings significantly. All you need is a website where you can create a sales letter to sell from, and a free account on a platform where affiliates can sign up to promote your launch.
3. As a Freelance Service Provider
You can also start working out as a freelance service provider.
Freelance service providers include people who ghostwrite for others, create graphic designs for them, work as virtual assistants, and more. You can sign up for an account on Fiverr or Upwork and get started.
All you’ll do is bid on projects that you feel you can complete, work in a timely manner and deliver it to the customer when it’s completed. With this business model, you’re trading time for money, so you’ll want to increase your rates over time.
4. Be a Private Label Rights Seller
If you have content creation skills, you can profit as a PLR seller. Private label rights (PLR) is content that you write (or record if you’re selling video PLR) once, just as you would with ghostwriting – but instead of selling it to just one buyer, you can sell it to multiple buyers to use as their own.
PLR can be sold on a store of your own (you can use a tool like Aweber with a built-in affiliate program) or as launches where you bundle up content and sell it at a discount for a short period of time, and affiliates can promote it so you bring in more money in a short period of time.
5. Become an Online Coach Without a Degree
Launching an online coaching program is one of the most popular ways people make money online as an entrepreneur. And you can do this without needing a degree.
Did you know that you don’t need to have a degree in order to be a coach? There are many people who start their own online coaching business where they guide people in many different ways including life coaching, making money online, fitness, and more.
You’ll need a website where you promote your coaching program, or you might want to wield the power of social media platforms to do that. You also need content you can use to coach your people, and a method of interacting with them – either through written, verbal, or video communication.
6. As an Indie Fiction Author
There are creative opportunities you can really become profitable as a fiction writer.
Many people mistakenly think you have to be accepted by an agent and traditional publisher to write fiction, but thanks to Amazon and other platforms, you can self-publish and reach an audience of buyers with ease.
It won’t cost you anything ahead of time to publish on Amazon (they take a small fee out of every sale), but you will need to carefully edit and polish up your book and create (or have created) a professional cover for it so you can be competitive.
7. Use Your Social Skills as an Online Influencer
Social influencers are making a lot of money these days – and on free platforms where they develop a following based on their recommendations and personality. You can use TikTok, Instagram, SnapChat, Facebook, YouTube, and other platforms and get paid through creator funds as well as directly from the people supporting your channels and profiles.
8. Sell Inventory as a Middleman
Another twist on selling other peoples’ products that’s a bit different from affiliate marketing is being a middleman for products. As a dropshipper, you’ll promote products from others on your own website, accept the payment for whatever you marked it up to, and then pay the manufacturer their cost so they can ship it out to the customer.
As an FBA (Fulfilled by Amazon) worker, you’ll find products you can purchase and have shipped to Amazon warehouses. You’ll create a listing marked up from the price you paid for them originally and when a sale occurs, Amazon will ship it out to your customer for you.
9. Become a Printables Seller
Have you ever bought a digital file from Etsy or Shopify? Sellers there are creating things like wall art, calendars, trackers, planners, journal pages, and more – and selling the files they create over and over again (similar to PLR, except the content is for personal use only).
You’ll be paying Etsy a small fee from each sale, so you’ll want to learn how to create digital or printable products and then upload the listings to your profile. The more you create, the more profits you stand to make, and they can keep earning for you for years!
9. As a Content Marketing Strategist
More entrepreneurs and larger brands are struggling to understand and maintain all of their company’s content needs that are spread out across their blogs, email list, and social profiles on numerous platforms.
You can position yourself as a content marketing strategist who comes up with content ideas, creates or sources the content, and manages a consistent publishing schedule for optimal traffic generation.
Now you have some ideas, so you get to decide where you want to start. But keep in mind, working as an online entrepreneur means you can build more than one business at a time, so you’re not limited by your selections.
Bottomline: Ways to Make Money from Home
These are the most popular 10 ways to make money from home working for yourself but by no means an exhaustive list. This is an introduction and in the coming articles, we will be discussing each one of these methods of starting an online business in more detail with recommended programs that we know of.
If there are other methods of working as an online entrepreneur that you know, please leave them in the comments section below and we’ll be glad to discuss them.