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Wanting to start your own business is a smart move for a lot of reasons. But the biggest mental hurdle most of you face right now is figuring out what the best online businesses to start are. You’ve heard about affiliate marketing, but somebody mentioned Shopify during lunch. Plus…you’ve always wanted to write a book, and you’ve read stories about indie authors earning millions.
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At the end of the day, people want to buy a product that will make their life better. This month, Tyler Tervooren did a great two-part series for us on some of the basic principles of starting a successful side hustle.
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Also, with traditional business, your reach is limited to your city or your country depending on the size of your business and the money you are willing to rope in. However, with online business, you can target global audience with ease.
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A few years later in January, 2009, I started a website in the cell phone niche again. Rather than providing consultation services, I began selling cell phone services that were beneficial for international travelers. This was during the “roaming fees” bust when people were getting charged up to $30,000 on their cell phone bills while using wireless services abroad. I began to educate cell phone users on how they can beat roaming charges. The service I provided was in the form of an email with an 8-16 digit number that they could enter in their phone with a simple video showing them how to do it. There were thousands of other companies out there trying to do the same, but the gap I filled in the industry was why. This business took off with a lot of effort to get started, but eventually became a great source of passive income generating over $20,000/month with about an average of 45 minutes of work per week.
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There was a problem filtering reviews right now. Please try again later. 12. Phone Case Business. An ecommerce site is the most direct form of online business you can start, compared to a business that uses a third party platform or marketplaces like Etsy, eBay, Amazon, or Airbnb.
Chris Hufnagel says: Virtually every small business needs help running their day-to-day administrative tasks, but they may not particularly want to pay a full-time in-house employee to do it. Virtual assistants perform a variety of tasks that a traditional assistant or secretary would normally do, including making travel arrangements, paying bills, or managing expense reimbursements.
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Should U Start a Business? I didn’t get out of the office more. For my first 3-4 years in business I didn’t have a client in the state where my business was located. This made me very disconnect with the other business people in the community that I could have gotten support from.
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