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17 profitable online business ideas to start with little investment (and how to carry them out)

Today I am going to explain 17 profitable online business ideas to start with little investment. And not only that, I will also give you many clues on how to carry them out, based on my experience in online business and digital marketing. If you are fed up / fed up with your job and your boss, or you are rethinking what to do with your life and looking for a way to earn money that also adapts to the lifestyle that YOU want to lead, you are in the right place.
Working from home, becoming a digital nomad , being the CEO of a Startup ,… it all starts here and now! I will share with you the best ideas, the most profitable (and I will explain why) and best of all, I will give you a small “roadmap” in each of them, so that you can start creating it today (and save a lot of time researching) . In this article you will get:
  1. 17 online business ideas
  2. What do you need to carry out each one?
  3. Key skills to realize each business idea (which does not mean that you should know them all)
  4. Channels to bring traffic to your online project
  5. (And most importantly) How to monetize it
I invite you to pay close attention to this Mega Guide of 17 profitable online business ideas . Let’s get started!

If your business idea is based on generating passive income through affiliate marketing, Monetize your passion is the best course you will find on this topic.

Why are online businesses so profitable?

Internet is currently one of the best channels to undertake, in fact, it is the most profitable in the world. There, where companies that today are considered an empire have started, and where different original business ideas and even professions that were unimaginable a decade ago have emerged. Yes, we have to make an effort and be constant to make a business work. But when we focus on the digital ecosystem, we can accelerate our growth by taking faster steps and, even better, using little capital to generate our first income . Some of the reasons that make online businesses very profitable are the following:
  • You can exploit your skills and knowledge to generate income: You do not need a physical product to be able to start online. The key is to find the ideal communication channels for your message.
  • You can scale the business model : that is, you can expand your business, opening new commercial channels as you want or need. You can start with the essential tools and add others as you grow.
  • You work from anywhere in the world: you are not tied to a zone, you can work with remote teams and access a larger audience.
  • Monitoring your results is simple: the great advantage of the Internet is the ability to monitor, track and segment. You can easily measure your results and establish advertising mechanisms aimed at different audiences. This will help you personalize your products or services and be more efficient in attracting customers or generating sales.
  • They require little investment and infrastructure (initially, it depends on how big you want to become): you can start working from home , with a computer and Internet access. Then you can build the virtual or physical structure that best suits your entrepreneurial project.

In summary:

Online businesses allow you to take advantage of your knowledge to generate a business, without the need to create physical products, allow you to work from home to save costs and require little initial investment. In addition, you can easily control the most profitable channels for your business model, to focus on increasing revenue in activities where there is the most growth potential.

What is the ideal business model on the internet?

Before launching some business ideas, it is important that you consider the aspects or requirements that they must meet to be truly profitable. Keep in mind that the ideal is that you build an enterprise that generates what is known as passive income . Those in which, once you generate your product or service, do not need your work to generate money on a recurring basis. You will decide if you want to spend a lot of time because you like it or if you prefer to enjoy your earnings with more peace of mind (in my case, learning to play the drums, among other things).

What requirements must a profitable business idea have?

Ideas are profitable when …
  1. They work by themselves : that is, they are automated to produce money and you are in charge of supervising and coordinating tasks or responsibilities. Remember! We seek to obtain passive money inflows.
  2. They are viable over time, short, medium and long term . To do this, consider the current situation of your market and your competition.
  3. They are scalable : this implies that they can grow and thus generate more income without increasing costs and / or tasks in the same proportion.
  4. They satisfy the need of consumers . Profitable business ideas do not respond to “what I think can be sold”, but to demand. Locate what you can offer that adds value to people. But remember, it should not be the whole world, look for a certain sector or niche .
Keep in mind the following that entrepreneurial ideas are not necessarily original, unique or revolutionary, rather they have a tangible and verifiable utility.

What do you need to be able to carry out your business idea?

  • Dedicate time : it is not about using 24 hours a day. Surely you have many responsibilities, but if you organize yourself well you can achieve it . At the beginning, you can dedicate a few hours or your free time and increase the time invested depending on the profits you generate.
  • Establish the determination to carry out your project: Anything you want to achieve in life, you need a strong initial motivation. Which leads you to take the step to “put it all on the grill” to achieve your goals. The reasons that make you insist and keep fighting when things are not going well. In my case it was 3:
    • To be able to enjoy my time (the most precious resource) and my family as I want.
    • Achieve financial freedom
    • Being able to travel where and when you want (consequence of the first two)
  • Know how to formulate specific objectives : to do so, each objective must be SMART :
    • Specific (Simple and clear)> S pecific
    • Measureable (you can track)> M easurable
    • Realizable o realista > Achievable
    • It must offer a tangible result> R elevant
    • Executables in a given time> T ime bound
  • Knowing how to prioritize : each task has its importance, you cannot do everything at the same time. Remember: the urgent is not always the most important.
  • Create efficient work routines : planning a schedule and sticking to it without fail is key. Focus on what is necessary to make significant progress. How to do this? Take a look at the post on how to apply the Pareto Law
  • Be patient and consistent – nothing good comes overnight. Entrepreneurship is a long-distance race!
  • Create alliances : either with people or companies with similar profitable businesses with whom you can propose strategic collaborations of mutual benefit.
  • Create a work team and learn to delegate responsibilities: There will come a time when you cannot do everything yourself. Think:
    • What activities are the ones that take up the most time and generate less value?
    • Is it profitable for me to outsource this task? If you pay € 200 for certain tasks that free you from 6 hours of work a month and with those hours you perform actions with which you enter € 600, it seems like a good deal.
    • Delegating is wise!
  • Finding the right providers for the services you need.

Tools that will help you generate your business idea:

  • SWOT matrix : With it you will analyze your weaknesses and strengths (aspects related to your business idea that you can control internally); and threats and opportunities (aspects that depend on external factors). With this resource you will be able to define what you can contribute to the project and if it is technically possible for you; if you need to outsource or delegate to work more efficiently and the threats and opportunities in the market.
  • Business model canvas : also called the Canvas model, it is a template that will help you capture elements such as the value proposition of your business, channels through which to reach your potential clients, structure, clients and finances. It will also help you decide the ways in which you are going to monetize your business, what you need to be able to carry out your business idea at an operational, partner, technical level, what costs you are going to have, etc.
Next I am going to explain different business ideas with little investment , most of them with the best formulas to generate passive income. But not only that: I am going to develop each business proposal for you, applying part of the SWOT analysis (strengths and weaknesses) and the business model canvas (ways of monetizing, channels, main activities) in a general way, based on my experience in online business. Afterwards, you will only have to apply the part that fits your business model . And remember something important, the difference is not in the business idea you choose, but in how you carry it out!

17 Profitable Online Business Ideas You Can Start Today

Monetize a blog

This is one of the home business ideas that can bring you more fruit, ideal for generating passive income, since the goal is for advertising to do its job. Initially you will have to make an effort, apply certain knowledge, perhaps write some very good articles or hire a copywriter and let the traffic do its magic.

What are the ways to monetize your blog?

  • Monetize with Google Adsense : it is about placing the different advertisements of the Google advertising platform on your blog and using it as a promotional channel for third parties. There is the modality of Pay per Click or Pay for Impressions and basically it is to earn money every time someone clicks or sees the ad.
  • Direct sale of advertising space: Another option is to directly sell advertising space on your blog to third parties, but it is important that you can demonstrate that you receive a considerable amount of daily visits.
  • Affiliate marketing : you use your blog so that third parties sell their products in exchange for a commission for each sale made. For example, you use the articles to recommend certain items that people interested in the topic can buy in an online store. Also, you can display the products and encourage direct purchase. To do this you can directly contact companies or access an affiliate network.
  • Sale of Premium content : you publish highly specialized information for which users pay a subscription to have access.
  • Native ads with Outbrain and Taboola : they are two ad platforms for content pages, but unlike Adsense, they are shown as a recommendation according to the editorial line of the article that the user reads.
  • What do you need to carry out this idea?
  1. A blog
  2. Relevant traffic to your website of users interested in the products you report on
  3. 1 or several ways to generate income with the users who visit your website

Sell ​​your services online

Virtual assistant, copywriter, SEO, graphic design, web developer, .. Teleworking is one of the more profitable Internet business models and with which you only need to invest time. You can work from home, so you will save money on renting a place or office, you own your time and if you organize yourself well, you can earn a good salary while enjoying more free time. If you have a profession or skills that you can sell, then you can become a freelance worker. It is true that the income will be active , that is, a direct product of your work, but perhaps it is this type of online business that best suits your way of being and working. To begin, I recommend you get a good portfolio with your most relevant works or have verifiable references of your services at hand. Create a professional profile on LinkedIn and have a very good resume to display. Also, if you work on something that you like, everything will be easier and more fun. If you complement your efforts with your own blog to promote your services, you can use any of the previous examples and get a second source of income.

What do you need to carry out this idea?

  1. A profile on different platforms for freelancers : there are many that you can use, they usually charge you a commission for each job you get, but they can be very profitable. They also help you build a long-term customer base. Some of the best known are Freelancer, Nubelo, Infojobs Freelancer, Geniuzz, Workana, Twago and Guru.
  2. A web page where you promote your services (preferably with a blog), and relevant traffic to your site from users interested in your services. If you have capital to invest or once you have collected money from your work, consider that, although this tool is not mandatory, but it will considerably multiply your opportunities .
  3. Contacts with companies with which you have previously worked . LinkedIn is an excellent option to find new clients and also to connect with your old co-workers. Take advantage of it!

What skills do you need to start this business idea

No matter what your skill is, you need to be an expert to sell that service. Of course, you should also be a good professional to generate recommendations and more hires. The most sought after services are: SEO expert , blog or copywriter , web developer , social media manager, community manager, digital marketing expert .

Channels with which to get clients for your business

SEO, social networks, Facebook Ads, newsletter marketing, affiliate marketing, online work platforms, offline marketing, client recommendations, Outbrain, Taboola.

Sell ​​online courses

The great trend is online training, therefore, if you were wondering what business to start on the Internet , selling online courses could be your thing. That skill or profession you master could be turned into an educational program for a specific niche. You could even create different levels of training from the most basic to the advanced and thus generate more sales.

What can the courses be about?

They must be linked to your knowledge and always aligned to help users achieve a specific goal. These courses must be very didactic, detailed and with support material. Find a suitable space to record, with good lighting and sound. Dress professional in the case of showing your face and practice speaking. The great advantage of selling courses online is that if you create a good course you can sell it many times, that is, passive income ! Little work and little investment. Nor does it require a lot of dedication time. You can implement two models : single payment with unlimited access or subscription payment, with the latter you will have to update the contents frequently.

What do you need to carry out this idea?

  1. Locate online course platforms where you can host yours. Some are Tutellus, Hotmart, Udemy, Sendowl, Educable, and Podia. They will charge a commission for each course you sell, but they will also help you with the promotion.
  2. A website where you can create and promote your online courses directly: you will have to do the promotion on your own, but you will get higher profits. There are several specialized plugins to create online courses that you can implement on your website.
  3. A kit to create your video, either with a tool to record your computer screen, a camera to record yourself and, additionally, a video editing software.

Which ones with the necessary skills to start this business idea

  • Being able to develop the syllabus of a course for a specific topic.
  • Communicate your ideas simply and clearly.
  • Being able to promote your course through your website (idea 1) or the platforms where you have it hosted.
  • Being able to record and edit the course with good image and audio quality.

Channels with which to get clients for your business

Online course platforms are in charge of doing the promotion. But if you have your own website you can take advantage of the digital marketing tools that we have mentioned in the previous business idea.

Give online classes

A business idea similar to the previous one, but with the differential of customization. You can be an online teacher of many disciplines although, of course, there are some more sought after such as language teaching. However, it is not the only thing that can be taught remotely. This service is increasingly in demand due to the flexibility of the schedule and the comfort it provides for the student , who can also pay a little more for exclusive attention. If you like this idea, you can easily give more than one class a day from your home or office, make them personalized or for specific groups and accept students from all latitudes. You may not be a teacher, but you have incredible knowledge about various subjects, for example: design, photography, technology, etc. Well, you just have to prepare yourself to be able to teach in the best way.

What do you need to carry out this idea?

  1. Videoconferencing tools with which you can give your classes without interruptions and a good Internet connection.
  2. Platforms where you can promote your classes: Udemy , Khan Academy, Teachable, Verbling and Classgap are some alternatives.
  3. A website where you can promote your classes online: you take care of all the management and promotion and you get more profit margin.

What are the necessary skills to start this business idea

  • Being able to adapt to the needs of your student and communicate your ideas simply and clearly.
  • Generate specific syllabi for subjects and adapt them to your students.
  • Promote your classes through your website or the platforms where you promote yourself.

Channels with which to get clients for your business

Any marketing strategy that we have mentioned: SEO, Ads on Google or on social networks, newsletter, recommendations, etc.

Become a Youtuber

YouTube is a platform that you can use to monetize with the videos you create, taking into account that it is one of the channels that receives the most traffic on a daily basis. The truth is that people consume a lot of content in this format and if you manage to captivate an audience and make your videos have many reproductions, this way of undertaking with little investment may be the one for you. There are currently two ways to monetize with YouTube :
  1. Google Adsense and works similar to the case of blogs. It is about the insertion of ads throughout your videos, you must meet the requirements of the program in terms of the number of subscribers and the accumulated playing hours.
  2. Create alliances with brands and earn income from recommending products or services.
What or how should your videos be? As a general rule, to apply this idea all content must be original. There is little point in copying what others are already doing. It is true that Youtubers already exist for almost anything, but it is important that you find your niche and the right way to communicate your message . Likewise, that something must be of value: either educational or entertaining. Aspects such as sound, editing, lighting are often crucial, especially when it comes to tutorials. Also think about duration, very long videos do not usually have a very long dwell rate and you must have an initial hook to capture the attention of the user.

What do you need to carry out this idea?

  • A kit to create your video, either with a tool to record your computer screen, a camera to record yourself and, additionally, a video editing software.
  • Create a YouTube channel and optimize it.
  • Use Google Trends as a tool to know the trends and searches of the users.

What are the skills you need to start this business idea

  • Know how to plan your videos: what to communicate, scripts, duration, objective, etc.
  • Video editing.
  • SEO optimization for Youtube.
  • Be an expert on a topic or make videos that attract your followers. (Well, both would be for the best, hehe)

Channels with which to get clients for your business

YouTube, other social channels, your blog, collaborations on other blogs, comments on other channels (without being heavy :-))

Be an influencer on Instagram

If you like social networks, (especially Instagram) and you have a good profile with a growing community of followers, being an influencer as an online business strategy will be viable. There are several ways to generate income and they all have to do with the value of your image and personality within this social network. Let’s see some of them:
  • Influencer Marketing (Charge for sponsored posts on Instagram) : partner with various brands or companies to promote their products through your posts. This is the most common and most profitable way, posts can be photos, videos or stories, it depends on the style and the negotiation. You must have a high number of followers, a minimum of 5000 would be a good starting point. There is also the option to create sponsored posts, to do so you include the hashtag and make the mention of the brand.
  • Instagram Shopping : from this option you can use the social network as a sales channel. So, if you have products and an online store, Instagram will help you generate more income.
  • Influencer platforms : there are many that can help you connect with different advertisers. Of course, you must comply with each of the working conditions that they require. Some of them: SocialPubli, Upfluence, NeoReach and AspireIQ.
  • Affiliate Code : As with affiliate marketing, you receive a commission for every sale made with a product that is sold with your code.
Instagram can also be used to boost your blog or YouTube channel.

 What do you need to carry out this idea?

  • A smartphone with a good camera.
  • Instagram profile.

What skills do you need to start this business idea

  • Ability to stay ahead of trends.
  • Creative vision.
  • It would be a great advantage to know about photography and video.
  • Convey credibility and know how to be in front of the camera.

Channels with which to grow your audience

Blog, other social networks and collaborations with other influencers.

Create an app

If you are a software developer, you can create an app and earn income from it; either with direct sales, embedded purchase to get more content (usual model of games) or with the promotion of ads. There is also the Premium model, with which a preliminary or basic version is offered for free and the more advanced version for a price, the same as the free trial period model. We must clarify that you will most likely have to invest in development and cannot monetize immediately, but it is a lucrative business in the long term . Once you have developed your app, you must place it on the download platforms that apply to your operating system and promote your new product. In the same way, know all the ASO requirements for positioning and promoting applications.

What do you need to carry out this idea?

A computer and specific programs to develop the app.

Skills needed to start this business idea

Knowledge of app development (or some software for creating applications), design and ux, testing, ASO and marketing.

Channels with which to get customers for your app

Blog, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing and blog reviews.

Create an online store

E-commerce is one of the best business models on the Internet, since you can sell from anywhere in the world and to thousands of people. Technology allows an ecommerce to work on its own (yes, the larger the store, the more maintenance will be required), so you can use your time to promote your products and get more income. You can sell your own products, develop a personal brand or simply market third-party products. How to have an online store? There are several options, use an ecommerce platform that gives you a ready store that you just have to customize, for example, Shopify or BigCommerce. One of the buts of online stores is inventory management (just like a physical store). If you are organized, there is no problem. But you will have to keep in mind that it is a constant and rigorous task. Imagine that your online store offers a product that you do not have in stock. Outcome? Dissatisfied customer. The other mechanism is to develop the store on a website, the alternatives can be PrestaShop, Magento or WordPress with the free WooCommerce plugin. If you already have a blog and want to sell some products, you can embed a payment button and add a catalog with Shopify that offers you a monthly plan for less than 10 USD. An online store can be an easily scalable business, which brings you profitability in a short time and a lot of money in the long term. Likewise, it is easier to manage than a conventional business and to educate you, you have a lot of free online content available.

What do you need to carry out this idea?

Online store and relevant traffic to your website interested in the products you sell.

Skills you need to start this business idea

SEO, WordPress blogging, web development, design, article writing, copywriting, social media management, creation of performance marketing campaigns, business development, stock control, financial skills.

Channels with which to attract traffic to your online store

SEO, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing.

Dropshipping

Dropshipping is one of the strategies to sell online that is more convenient for those who do not want or can not manage an inventory, either due to logistics, space or time. This model consists of offering a product in your store, but that physically meets the wholesaler. Once you make a sale, it is responsible for sending it directly to your buyer. This way you will not have to deal with the storage, packaging or shipping of the product to its final destination. If you have already explored your market, know the products that you could sell or found a need to satisfy, you can take the next step: contact the manufacturer . This can give you a list of certified wholesalers with which to check if they offer dropshopping. This process will also allow you to know what other products you can get with the same supplier. Your profits would come from the remaining amount plus the price imposed by the wholesaler on the product sold. With this profitable business model you can offer an unlimited number of products in your online store, always available and without having to manage everything related to stock. Shopify offers an alliance with Oberlo, to get products easily and safely.

What do you need to carry out this idea?

Online store, relevant traffic to your website interested in the products you distribute.

Skills needed to start this business idea

SEO, WordPress blog creation, web development, design, article writing, community management, copywriting, creation of performance marketing campaigns.

Channels with which to attract traffic

SEO, social media, Facebook ads, newsletter marketing, native ads, Google Ads, affiliate marketing.

Sell ​​your products in marketplaces

Marketplaces are like online shopping centers where thousands of sellers offer their products. You can consider selling in one, as this way you will not have to create your own website and manage it. It is much easier to get started and you just have to have the products ready to sell. Despite the competition that exists, in these multi-seller spaces you can get very good profits. Additionally, you have the entire purchase infrastructure ready and you only have to take care of knowing how the system works and promoting your products. You can sell on the most famous ones like Amazon, Aliexpress, Ebay, Etsy or Mercado Libre. Its main advantages are that you will already have everything ready to sell, (in some cases the same marketplaces take care of the logistics as is the case with Amazon) and have a guaranteed traffic of thousands of daily buyers.

What do you need to carry out this idea?

  • Create (or import) products that you can market on these web pages.
  • Seller access to marketplaces such as Amazon, Etsy … depending on the product you sell.
  • Place to store your products if the platform does not take care of the logistics.
  • A simple and effective way to manage your stock.
  • In the future, if things go well, you can choose to create your own online store so that customers buy directly from you and have a higher profit margin.
  • Access to markets (although it is not online) with which you can make yourself known to other audiences and tell them that you have a store on Amazon or another marketplace.

What skills do you need to start this business idea

Correctly manage the back-end of the marketplaces, be able to generate positive opinions, stock management, etc.

Channels with which to get clients for your business

CPC ads from platforms, bloggers or influencers that talk about your products, social networks, blog.

Use an online franchise

A franchise is a profitable business idea that works between two parties: The franchise owner assigns the rights to use and exploit a successful business model and the franchisee agrees to pay a partial amount of their income. Of course, other conditions may apply such as the time of the agreement and whether the amount to be paid will be fixed or variable. Unlike traditional franchises, you will not need to have a physical location or buy products and you will work perfectly from home. You will probably need an initial investment, but much less than a traditional franchise would cost you and remember that you would be investing in a proven business model . You can get many of these options that work as: classified portals for you to sell ads of a wide variety, commercial guides, travel agencies, real estate agencies, etc. If you don’t have prior knowledge, many of them offer training so you can take over without a problem.

What do you need to carry out this idea?

  • Find a franchise that identifies with the service or business idea you want to carry out.
  • Initial investment (depending on the franchise).

Skills you need to start this business idea

They will depend on the business you want to carry out.

Channels with which to attract traffic

SEO, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing, influencers.

Rent a room or house on Airbnb

Airbnb can be perfect for generating income from home (and with your home). It is a community market where you can offer low-cost accommodation in your home or a room and is available in more than 190 countries. So, if you are looking for extra money and you have a comfortable and pleasant place, you can rent for seasons or days and get the extra income that you want so much. The best thing about Airbnb is that it offers a guarantee of protection against damage and accidents to your home, you set the rental amount yourself, establish the rules that guests must comply with and they charge you a 3% rate per reservation, which is quite low . In addition, you can say if you only want to host or also offer entertainment experiences to travelers. Really highly recommended.

 What do you need to carry out this idea?

  • A room in your house or a house that you are not in all the time.
  • An Airbnb (or other platform) profile.
  • Maybe a blog in the future if you want to make your own website.

What skills do you need to start this business idea

  • Sympathy.
  • Good organization.
  • Speak English.

Channels with which to get clients for your business

Airbnb, travel blogs that recommend your house / flat, your own website and social networks.

Publish ebooks

It is about publishing a book in electronic format as a self-publication, this means that you will not need a publisher . Nor do you need to be an accomplished writer, you just need to give useful information, of benefit to the people you want to sell. If it is a non-fiction book, the rule is: be descriptive, clear and concise, that the content explains in sufficient detail what the buyer must do or achieve. Now, if yours is fiction, if you must have writing skills. However, for both cases you can always hire a copywriter to help you polish the text. For the ebook to be worth paying for, it must be 15,000 words long or something like 40 or more pages of development. Also, you should give it a nice format, that makes it easy to read and that it looks like a real book would. Add a visually very attractive cover and a promising title. Amazon has become an excellent platform for self-publishing with Kindle Direct Publishing. They offer you creation tools and, once you have met the requirements, in a few hours you can have the book for sale. An ebook could also be another source of income complementary to your online courses or classes or the content you publish on your blog.

What do you need to carry out this idea?

  • Computer

What skills do you need to start this business idea

  • Writing skills.
  • InDesign to be able to format the book with good quality.

Channels with which to attract traffic

Blog, marketplaces like Amazon, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing, influencers.

Create a print-on-demand online store

Selling print-on-demand items can be very profitable for you, ideal for saving you the trouble of managing inventory, storing products, and doing all the logistics. It works like this : you sell products in your store with a customizable design. The product is printed and sent to the customer’s address by the supplier. With this profitable idea, you can boost your own customizable designs or let people create their own. As you can see, it is very similar to dropshipping , you will not have to manage inventory, you can sell as many products as you want in the quantities you want and your print-on-demand provider does the heaviest work: manufacturing and delivery.

What products to sell?

It depends on what the supplier offers you, they can be accessories such as caps, clothing, etc. In short, you will have a wide variety of options.

What do you need to carry out this business idea?

Online store or a blog where you can sell your products online.

Skills you need to get started

SEO, WordPress blogging, web development, design, article writing, copywriting, social media management, creation of performance marketing campaigns and business development.

Channels with which to get clients for your business

SEO, social networks, Facebook Ads, newsletter marketing, affiliate marketing, online work platforms, offline marketing, client recommendations, Outbrain, Taboola, etc.

Take online surveys

Devoting yourself to online surveys can be a practical way to generate extra income. I do not think you can live entirely from this activity, but additional money that allows you to be more comfortable or save to invest in a business with higher dividends does not hurt. In addition, it is an extremely simple job, which does not require previous training or knowledge, you do not have to invest anything and you only need a computer and an internet connection. The earnings can vary on each platform and the most common payment method is PayPal. Some online survey portals to consider are: ClixSense, Myiyo, King of Prizes, American Consumer Opinion, SurveyRewardz, and Green Panthera.

What do you need to carry out this idea?

Register in different online survey platforms.

Make money investing

On the other hand, you have online investment platforms. Here you should have some knowledge of finance and, of course, the amount with which you will start the investment. A common example of this model is the buying and selling of cryptocurrencies such as bitcoin .

What do you need to carry out this idea?

  • Computer.
  • Have an account in a trusted online broker to invest

Skills you need to start this business idea

  • Analytical skills, financial skills, knowing how to read trends.

Infoproducts

At the last of our profitable business ideas are infoproducts. These are educational products that aid training and are based on the experience of their author. Therefore, both courses and e-books and online classes would fall into this category along with other options that I detail below:
  • Audiobooks : you could have Premium content in audio format.
  • Webinars : It is about doing live lectures on a specific topic that you are a specialist in.
  • Podcasts:
  • Autoresponders : these are courses that are delivered periodically via newsletter, that is, one class every two weeks or once a month.
  • Monthly subscriptions : newsletter aimed at private communities and with highly specialized content.
  • Mentoring
  • Software-based digital products : especially for developers, products like plugins, programs, templates and much more.

What do you need to carry out this idea?

  1. It will depend on the info product you want to create.
  2. Drive online traffic to the pages where you sell your infoproducts.

What skills do you need to start this business idea

  • To develop the info product, it will depend on what you want to do.
  • The ones that we have talked about in some of the points such as monetizing a blog, courses and online classes.

Channels with which to get clients for your business

Blog, SEO, social networks, Facebook Ads, newsletter marketing, affiliate marketing, offline marketing, customer recommendations, Outbrain, Taboola, etc.

Conclusion: What questions should you ask yourself before starting to develop your business idea?

We have come a long way collecting these profitable online business ideas with which you can go from extra income to building a solid company with great success. But, before finishing, we leave you some questions that you must answer before starting:
  1. Is there a demand for what you want to propose? It is important to know what is the market niche that fits your offer and the characteristics of the consumers that make it up.
  2. Do you already know what your competition does? Investigate how you can differentiate yourself from what is already sold today.
  3. What tools do you need to carry out your business idea? Check if you have the resources!
  4. What can I do and what do I need to delegate / outsource? This will give you an idea of ​​whether you need external suppliers or form a work team.
  5. How much initial investment do I need?
  6. How can I monetize my business idea?
  7. What channels do I need to reach my clients?
  8. Can I scale my idea?
  9. Can I (and want) to live exclusively on it? This will tell you how big the scope of your business should be.
  10. Do I have time to develop my idea? Full time or side job? Establish your dedication time.
Cool! You already have all the information you need to become a successful digital entrepreneur , we are sure that this collection of ideas is the perfect one for you. We can only encourage you to start. Go ahead! Today I am going to explain 17 profitable online business ideas to start with little investment. And not only that, I will also give you many clues on how to carry them out, based on my experience in online business and digital marketing. If you are fed up / fed up with your job and your boss, or you are rethinking what to do with your life and looking for a way to earn money that also adapts to the lifestyle that YOU want to lead, you are in the right place.
Working from home, becoming a digital nomad , being the CEO of a Startup ,… it all starts here and now! I will share with you the best ideas, the most profitable (and I will explain why) and best of all, I will give you a small “roadmap” in each of them, so that you can start creating it today (and save a lot of time researching) . In this article you will get:
  1. 17 online business ideas
  2. What do you need to carry out each one?
  3. Key skills to realize each business idea (which does not mean that you should know them all)
  4. Channels to bring traffic to your online project
  5. (And most importantly) How to monetize it
I invite you to pay close attention to this Mega Guide of 17 profitable online business ideas . Let’s get started!

If your business idea is based on generating passive income through affiliate marketing, Monetize your passion is the best course you will find on this topic.

Here you will find all the important information about the course. For you to make a more conscious decision about what it can bring you:

Why are online businesses so profitable?

Internet is currently one of the best channels to undertake, in fact, it is the most profitable in the world. There, where companies that today are considered an empire have started, and where different original business ideas and even professions that were unimaginable a decade ago have emerged. Yes, we have to make an effort and be constant to make a business work. But when we focus on the digital ecosystem, we can accelerate our growth by taking faster steps and, even better, using little capital to generate our first income . Some of the reasons that make online businesses very profitable are the following:
  • You can exploit your skills and knowledge to generate income: You do not need a physical product to be able to start online. The key is to find the ideal communication channels for your message.
  • You can scale the business model : that is, you can expand your business, opening new commercial channels as you want or need. You can start with the essential tools and add others as you grow.
  • You work from anywhere in the world: you are not tied to a zone, you can work with remote teams and access a larger audience.
  • Monitoring your results is simple: the great advantage of the Internet is the ability to monitor, track and segment. You can easily measure your results and establish advertising mechanisms aimed at different audiences. This will help you personalize your products or services and be more efficient in attracting customers or generating sales.
  • They require little investment and infrastructure (initially, it depends on how big you want to become): you can start working from home , with a computer and Internet access. Then you can build the virtual or physical structure that best suits your entrepreneurial project.

In summary:

Online businesses allow you to take advantage of your knowledge to generate a business, without the need to create physical products, allow you to work from home to save costs and require little initial investment. In addition, you can easily control the most profitable channels for your business model, to focus on increasing revenue in activities where there is the most growth potential.

What is the ideal business model on the internet?

Before launching some business ideas, it is important that you consider the aspects or requirements that they must meet to be truly profitable. Keep in mind that the ideal is that you build an enterprise that generates what is known as passive income . Those in which, once you generate your product or service, do not need your work to generate money on a recurring basis. You will decide if you want to spend a lot of time because you like it or if you prefer to enjoy your earnings with more peace of mind (in my case, learning to play the drums, among other things).

What requirements must a profitable business idea have?

Ideas are profitable when …
  1. They work by themselves : that is, they are automated to produce money and you are in charge of supervising and coordinating tasks or responsibilities. Remember! We seek to obtain passive money inflows.
  2. They are viable over time, short, medium and long term . To do this, consider the current situation of your market and your competition.
  3. They are scalable : this implies that they can grow and thus generate more income without increasing costs and / or tasks in the same proportion.
  4. They satisfy the need of consumers . Profitable business ideas do not respond to “what I think can be sold”, but to demand. Locate what you can offer that adds value to people. But remember, it should not be the whole world, look for a certain sector or niche .
Keep in mind the following that entrepreneurial ideas are not necessarily original, unique or revolutionary, rather they have a tangible and verifiable utility.

What do you need to be able to carry out your business idea?

  • Dedicate time : it is not about using 24 hours a day. Surely you have many responsibilities, but if you organize yourself well you can achieve it . At the beginning, you can dedicate a few hours or your free time and increase the time invested depending on the profits you generate.
  • Establish the determination to carry out your project: Anything you want to achieve in life, you need a strong initial motivation. Which leads you to take the step to “put it all on the grill” to achieve your goals. The reasons that make you insist and keep fighting when things are not going well. In my case it was 3:
    • To be able to enjoy my time (the most precious resource) and my family as I want.
    • Achieve financial freedom
    • Being able to travel where and when you want (consequence of the first two)
  • Know how to formulate specific objectives : to do so, each objective must be SMART :
    • Specific (Simple and clear)> S pecific
    • Measureable (you can track)> M easurable
    • Realizable o realista > Achievable
    • It must offer a tangible result> R elevant
    • Executables in a given time> T ime bound
  • Knowing how to prioritize : each task has its importance, you cannot do everything at the same time. Remember: the urgent is not always the most important.
  • Create efficient work routines : planning a schedule and sticking to it without fail is key. Focus on what is necessary to make significant progress. How to do this? Take a look at the post on how to apply the Pareto Law
  • Be patient and consistent – nothing good comes overnight. Entrepreneurship is a long-distance race!
  • Create alliances : either with people or companies with similar profitable businesses with whom you can propose strategic collaborations of mutual benefit.
  • Create a work team and learn to delegate responsibilities: There will come a time when you cannot do everything yourself. Think:
    • What activities are the ones that take up the most time and generate less value?
    • Is it profitable for me to outsource this task? If you pay € 200 for certain tasks that free you from 6 hours of work a month and with those hours you perform actions with which you enter € 600, it seems like a good deal.
    • Delegating is wise!
  • Finding the right providers for the services you need.

Tools that will help you generate your business idea:

  • SWOT matrix : With it you will analyze your weaknesses and strengths (aspects related to your business idea that you can control internally); and threats and opportunities (aspects that depend on external factors). With this resource you will be able to define what you can contribute to the project and if it is technically possible for you; if you need to outsource or delegate to work more efficiently and the threats and opportunities in the market.
  • Business model canvas : also called the Canvas model, it is a template that will help you capture elements such as the value proposition of your business, channels through which to reach your potential clients, structure, clients and finances. It will also help you decide the ways in which you are going to monetize your business, what you need to be able to carry out your business idea at an operational, partner, technical level, what costs you are going to have, etc.
Next I am going to explain different business ideas with little investment , most of them with the best formulas to generate passive income. But not only that: I am going to develop each business proposal for you, applying part of the SWOT analysis (strengths and weaknesses) and the business model canvas (ways of monetizing, channels, main activities) in a general way, based on my experience in online business. Afterwards, you will only have to apply the part that fits your business model . And remember something important, the difference is not in the business idea you choose, but in how you carry it out! 17 Profitable Online Business Ideas You Can Start Today Monetize a blog This is one of the home business ideas that can bring you more fruit, ideal for generating passive income, since the goal is for advertising to do its job. Initially you will have to make an effort, apply certain knowledge, perhaps write some very good articles or hire a copywriter and let the traffic do its magic.

What are the ways to monetize your blog?

  • Monetize with Google Adsense : it is about placing the different advertisements of the Google advertising platform on your blog and using it as a promotional channel for third parties. There is the modality of Pay per Click or Pay for Impressions and basically it is to earn money every time someone clicks or sees the ad.
  • Direct sale of advertising space: Another option is to directly sell advertising space on your blog to third parties, but it is important that you can demonstrate that you receive a considerable amount of daily visits.
  • Affiliate marketing : you use your blog so that third parties sell their products in exchange for a commission for each sale made. For example, you use the articles to recommend certain items that people interested in the topic can buy in an online store. Also, you can display the products and encourage direct purchase. To do this you can directly contact companies or access an affiliate network.
  • Sale of Premium content : you publish highly specialized information for which users pay a subscription to have access.
  • Native ads with Outbrain and Taboola : they are two ad platforms for content pages, but unlike Adsense, they are shown as a recommendation according to the editorial line of the article that the user reads.

What do you need to carry out this idea?

  1. A blog
  2. Relevant traffic to your website of users interested in the products you report on
  3. 1 or several ways to generate income with the users who visit your website

What skills do you need to start this business idea

SEO , WordPress blogging, web development , design, social media management, article writing, copywriting .

Online channels with which to attract traffic

SEO, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing .

Sell ​​your services online

Virtual assistant, copywriter, SEO, graphic design, web developer, .. Teleworking is one of the more profitable Internet business models and with which you only need to invest time. You can work from home, so you will save money on renting a place or office, you own your time and if you organize yourself well, you can earn a good salary while enjoying more free time. If you have a profession or skills that you can sell, then you can become a freelance worker. It is true that the income will be active , that is, a direct product of your work, but perhaps it is this type of online business that best suits your way of being and working. To begin, I recommend you get a good portfolio with your most relevant works or have verifiable references of your services at hand. Create a professional profile on LinkedIn and have a very good resume to display. Also, if you work on something that you like, everything will be easier and more fun. If you complement your efforts with your own blog to promote your services, you can use any of the previous examples and get a second source of income.

What do you need to carry out this idea?

  1. A profile on different platforms for freelancers : there are many that you can use, they usually charge you a commission for each job you get, but they can be very profitable. They also help you build a long-term customer base. Some of the best known are Freelancer, Nubelo, Infojobs Freelancer, Geniuzz, Workana, Twago and Guru.
  2. A web page where you promote your services (preferably with a blog), and relevant traffic to your site from users interested in your services. If you have capital to invest or once you have collected money from your work, consider that, although this tool is not mandatory, but it will considerably multiply your opportunities .
  3. Contacts with companies with which you have previously worked . LinkedIn is an excellent option to find new clients and also to connect with your old co-workers. Take advantage of it!

What skills do you need to start this business idea

No matter what your skill is, you need to be an expert to sell that service. Of course, you should also be a good professional to generate recommendations and more hires. The most sought after services are: SEO expert , blog or copywriter , web developer , social media manager, community manager, digital marketing expert .

Channels with which to get clients for your business

SEO, social networks, Facebook Ads, newsletter marketing, affiliate marketing, online work platforms, offline marketing, client recommendations, Outbrain, Taboola.

Sell ​​online courses

The great trend is online training, therefore, if you were wondering what business to start on the Internet , selling online courses could be your thing. That skill or profession you master could be turned into an educational program for a specific niche. You could even create different levels of training from the most basic to the advanced and thus generate more sales.

What can the courses be about?

They must be linked to your knowledge and always aligned to help users achieve a specific goal. These courses must be very didactic, detailed and with support material. Find a suitable space to record, with good lighting and sound. Dress professional in the case of showing your face and practice speaking. The great advantage of selling courses online is that if you create a good course you can sell it many times, that is, passive income ! Little work and little investment. Nor does it require a lot of dedication time. You can implement two models : single payment with unlimited access or subscription payment, with the latter you will have to update the contents frequently.

What do you need to carry out this idea?

  1. Locate online course platforms where you can host yours. Some are Tutellus, Hotmart, Udemy, Sendowl, Educable, and Podia. They will charge a commission for each course you sell, but they will also help you with the promotion.
  2. A website where you can create and promote your online courses directly: you will have to do the promotion on your own, but you will get higher profits. There are several specialized plugins to create online courses that you can implement on your website.
  3. A kit to create your video, either with a tool to record your computer screen, a camera to record yourself and, additionally, a video editing software.

Which ones with the necessary skills to start this business idea

  • Being able to develop the syllabus of a course for a specific topic.
  • Communicate your ideas simply and clearly.
  • Being able to promote your course through your website (idea 1) or the platforms where you have it hosted.
  • Being able to record and edit the course with good image and audio quality.

Channels with which to get clients for your business

Online course platforms are in charge of doing the promotion. But if you have your own website you can take advantage of the digital marketing tools that we have mentioned in the previous business idea.

Give online classes

A business idea similar to the previous one, but with the differential of customization. You can be an online teacher of many disciplines although, of course, there are some more sought after such as language teaching. However, it is not the only thing that can be taught remotely. This service is increasingly in demand due to the flexibility of the schedule and the comfort it provides for the student , who can also pay a little more for exclusive attention. If you like this idea, you can easily give more than one class a day from your home or office, make them personalized or for specific groups and accept students from all latitudes. You may not be a teacher, but you have incredible knowledge about various subjects, for example: design, photography, technology, etc. Well, you just have to prepare yourself to be able to teach in the best way.

What do you need to carry out this idea?

  1. Videoconferencing tools with which you can give your classes without interruptions and a good Internet connection.
  2. Platforms where you can promote your classes: Udemy , Khan Academy, Teachable, Verbling and Classgap are some alternatives.
  3. A website where you can promote your classes online: you take care of all the management and promotion and you get more profit margin.

What are the necessary skills to start this business idea

  • Being able to adapt to the needs of your student and communicate your ideas simply and clearly.
  • Generate specific syllabi for subjects and adapt them to your students.
  • Promote your classes through your website or the platforms where you promote yourself.

Channels with which to get clients for your business

Any marketing strategy that we have mentioned: SEO, Ads on Google or on social networks, newsletter, recommendations, etc.

Become a Youtuber

YouTube is a platform that you can use to monetize with the videos you create, taking into account that it is one of the channels that receives the most traffic on a daily basis. The truth is that people consume a lot of content in this format and if you manage to captivate an audience and make your videos have many reproductions, this way of undertaking with little investment may be the one for you. There are currently two ways to monetize with YouTube :
  1. Google Adsense and works similar to the case of blogs. It is about the insertion of ads throughout your videos, you must meet the requirements of the program in terms of the number of subscribers and the accumulated playing hours.
  2. Create alliances with brands and earn income from recommending products or services.
What or how should your videos be? As a general rule, to apply this idea all content must be original. There is little point in copying what others are already doing. It is true that Youtubers already exist for almost anything, but it is important that you find your niche and the right way to communicate your message . Likewise, that something must be of value: either educational or entertaining. Aspects such as sound, editing, lighting are often crucial, especially when it comes to tutorials. Also think about duration, very long videos do not usually have a very long dwell rate and you must have an initial hook to capture the attention of the user.

What do you need to carry out this idea?

  • A kit to create your video, either with a tool to record your computer screen, a camera to record yourself and, additionally, a video editing software.
  • Create a YouTube channel and optimize it.
  • Use Google Trends as a tool to know the trends and searches of the users.

What are the skills you need to start this business idea

  • Know how to plan your videos: what to communicate, scripts, duration, objective, etc.
  • Video editing.
  • SEO optimization for Youtube.
  • Be an expert on a topic or make videos that attract your followers. (Well, both would be for the best, hehe)

Channels with which to get clients for your business

YouTube, other social channels, your blog, collaborations on other blogs, comments on other channels (without being heavy :-))

Be an influencer on Instagram

If you like social networks, (especially Instagram) and you have a good profile with a growing community of followers, being an influencer as an online business strategy will be viable. There are several ways to generate income and they all have to do with the value of your image and personality within this social network. Let’s see some of them:
  • Influencer Marketing (Charge for sponsored posts on Instagram) : partner with various brands or companies to promote their products through your posts. This is the most common and most profitable way, posts can be photos, videos or stories, it depends on the style and the negotiation. You must have a high number of followers, a minimum of 5000 would be a good starting point. There is also the option to create sponsored posts, to do so you include the hashtag and make the mention of the brand.
  • Instagram Shopping : from this option you can use the social network as a sales channel. So, if you have products and an online store, Instagram will help you generate more income.
  • Influencer platforms : there are many that can help you connect with different advertisers. Of course, you must comply with each of the working conditions that they require. Some of them: SocialPubli, Upfluence, NeoReach and AspireIQ.
  • Affiliate Code : As with affiliate marketing, you receive a commission for every sale made with a product that is sold with your code.
Instagram can also be used to boost your blog or YouTube channel.

 What do you need to carry out this idea?

  • A smartphone with a good camera.
  • Instagram profile.

What skills do you need to start this business idea

  • Ability to stay ahead of trends.
  • Creative vision.
  • It would be a great advantage to know about photography and video.
  • Convey credibility and know how to be in front of the camera.

Channels with which to grow your audience

Blog, other social networks and collaborations with other influencers.

Create an app

If you are a software developer, you can create an app and earn income from it; either with direct sales, embedded purchase to get more content (usual model of games) or with the promotion of ads. There is also the Premium model, with which a preliminary or basic version is offered for free and the more advanced version for a price, the same as the free trial period model. We must clarify that you will most likely have to invest in development and cannot monetize immediately, but it is a lucrative business in the long term . Once you have developed your app, you must place it on the download platforms that apply to your operating system and promote your new product. In the same way, know all the ASO requirements for positioning and promoting applications.

What do you need to carry out this idea?

A computer and specific programs to develop the app.

Skills needed to start this business idea

Knowledge of app development (or some software for creating applications), design and ux, testing, ASO and marketing.

Channels with which to get customers for your app

Blog, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing and blog reviews.

Create an online store

E-commerce is one of the best business models on the Internet, since you can sell from anywhere in the world and to thousands of people. Technology allows an ecommerce to work on its own (yes, the larger the store, the more maintenance will be required), so you can use your time to promote your products and get more income. You can sell your own products, develop a personal brand or simply market third-party products. How to have an online store? There are several options, use an ecommerce platform that gives you a ready store that you just have to customize, for example, Shopify or BigCommerce. One of the buts of online stores is inventory management (just like a physical store). If you are organized, there is no problem. But you will have to keep in mind that it is a constant and rigorous task. Imagine that your online store offers a product that you do not have in stock. Outcome? Dissatisfied customer. The other mechanism is to develop the store on a website, the alternatives can be PrestaShop, Magento or WordPress with the free WooCommerce plugin. If you already have a blog and want to sell some products, you can embed a payment button and add a catalog with Shopify that offers you a monthly plan for less than 10 USD. An online store can be an easily scalable business, which brings you profitability in a short time and a lot of money in the long term. Likewise, it is easier to manage than a conventional business and to educate you, you have a lot of free online content available.

What do you need to carry out this idea?

Online store and relevant traffic to your website interested in the products you sell.

Skills you need to start this business idea

SEO, WordPress blogging, web development, design, article writing, copywriting, social media management, creation of performance marketing campaigns, business development, stock control, financial skills.

Channels with which to attract traffic to your online store

SEO, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing.

Dropshipping

Dropshipping is one of the strategies to sell online that is more convenient for those who do not want or can not manage an inventory, either due to logistics, space or time. This model consists of offering a product in your store, but that physically meets the wholesaler. Once you make a sale, it is responsible for sending it directly to your buyer. This way you will not have to deal with the storage, packaging or shipping of the product to its final destination. If you have already explored your market, know the products that you could sell or found a need to satisfy, you can take the next step: contact the manufacturer . This can give you a list of certified wholesalers with which to check if they offer dropshopping. This process will also allow you to know what other products you can get with the same supplier. Your profits would come from the remaining amount plus the price imposed by the wholesaler on the product sold. With this profitable business model you can offer an unlimited number of products in your online store, always available and without having to manage everything related to stock. Shopify offers an alliance with Oberlo, to get products easily and safely.

What do you need to carry out this idea?

Online store, relevant traffic to your website interested in the products you distribute.

Skills needed to start this business idea

SEO, WordPress blog creation, web development, design, article writing, community management, copywriting, creation of performance marketing campaigns.

Channels with which to attract traffic

SEO, social media, Facebook ads, newsletter marketing, native ads, Google Ads, affiliate marketing.

Sell ​​your products in marketplaces

Marketplaces are like online shopping centers where thousands of sellers offer their products. You can consider selling in one, as this way you will not have to create your own website and manage it. It is much easier to get started and you just have to have the products ready to sell. Despite the competition that exists, in these multi-seller spaces you can get very good profits. Its main advantages are that you will already have everything ready to sell, (in some cases the same marketplaces take care of the logistics as is the case with Amazon) and have a guaranteed traffic of thousands of daily buyers. Additionally, you have the entire purchase infrastructure ready and you only have to take care of knowing how the system works and promoting your products. You can sell on the most famous ones like Amazon, Aliexpress, Ebay, Etsy or Mercado Libre.

What do you need to carry out this idea?

  • Create (or import) products that you can market on these web pages.
  • Seller access to marketplaces such as Amazon, Etsy … depending on the product you sell.
  • Place to store your products if the platform does not take care of the logistics.
  • A simple and effective way to manage your stock.
  • In the future, if things go well, you can choose to create your own online store so that customers buy directly from you and have a higher profit margin.
  • Access to markets (although it is not online) with which you can make yourself known to other audiences and tell them that you have a store on Amazon or another marketplace.

What skills do you need to start this business idea

Correctly manage the back-end of the marketplaces, be able to generate positive opinions, stock management, etc.

Channels with which to get clients for your business

CPC ads from platforms, bloggers or influencers that talk about your products, social networks, blog.

Use an online franchise

A franchise is a profitable business idea that works between two parties: The franchise owner assigns the rights to use and exploit a successful business model and the franchisee agrees to pay a partial amount of their income. Of course, other conditions may apply such as the time of the agreement and whether the amount to be paid will be fixed or variable. Unlike traditional franchises, you will not need to have a physical location or buy products and you will work perfectly from home. You will probably need an initial investment, but much less than a traditional franchise would cost you and remember that you would be investing in a proven business model . You can get many of these options that work as: classified portals for you to sell ads of a wide variety, commercial guides, travel agencies, real estate agencies, etc. If you don’t have prior knowledge, many of them offer training so you can take over without a problem.

What do you need to carry out this idea?

  • Find a franchise that identifies with the service or business idea you want to carry out.
  • Initial investment (depending on the franchise).

Skills you need to start this business idea

They will depend on the business you want to carry out.

Channels with which to attract traffic

SEO, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing, influencers.

Rent a room or house on Airbnb

Airbnb can be perfect for generating income from home (and with your home). It is a community market where you can offer low-cost accommodation in your home or a room and is available in more than 190 countries. So, if you are looking for extra money and you have a comfortable and pleasant place, you can rent for seasons or days and get the extra income that you want so much. The best thing about Airbnb is that it offers a guarantee of protection against damage and accidents to your home, you set the rental amount yourself, establish the rules that guests must comply with and they charge you a 3% rate per reservation, which is quite low . In addition, you can say if you only want to host or also offer entertainment experiences to travelers. Really highly recommended.

 What do you need to carry out this idea?

  • A room in your house or a house that you are not in all the time.
  • An Airbnb (or other platform) profile.
  • Maybe a blog in the future if you want to make your own website.

What skills do you need to start this business idea

  • Sympathy.
  • Good organization.
  • Speak English.

Channels with which to get clients for your business

Airbnb, travel blogs that recommend your house / flat, your own website and social networks.

Publish ebooks

It is about publishing a book in electronic format as a self-publication, this means that you will not need a publisher . Nor do you need to be an accomplished writer, you just need to give useful information, of benefit to the people you want to sell. If it is a non-fiction book, the rule is: be descriptive, clear and concise, that the content explains in sufficient detail what the buyer must do or achieve. Now, if yours is fiction, if you must have writing skills. However, for both cases you can always hire a copywriter to help you polish the text. For the ebook to be worth paying for, it must be 15,000 words long or something like 40 or more pages of development. Also, you should give it a nice format, that makes it easy to read and that it looks like a real book would. Add a visually very attractive cover and a promising title. Amazon has become an excellent platform for self-publishing with Kindle Direct Publishing. They offer you creation tools and, once you have met the requirements, in a few hours you can have the book for sale. An ebook could also be another source of income complementary to your online courses or classes or the content you publish on your blog.

What do you need to carry out this idea?

  • Computer

What skills do you need to start this business idea

  • Writing skills.
  • InDesign to be able to format the book with good quality.

Channels with which to attract traffic

Blog, marketplaces like Amazon, social media, Facebook Ads, newsletter marketing, native ads, Google Ads, affiliate marketing, influencers.

Create a print-on-demand online store

Selling print-on-demand items can be very profitable for you, ideal for saving you the trouble of managing inventory, storing products, and doing all the logistics. It works like this : you sell products in your store with a customizable design. The product is printed and sent to the customer’s address by the supplier. With this profitable idea, you can boost your own customizable designs or let people create their own. As you can see, it is very similar to dropshipping , you will not have to manage inventory, you can sell as many products as you want in the quantities you want and your print-on-demand provider does the heaviest work: manufacturing and delivery.

What products to sell?

It depends on what the supplier offers you, they can be accessories such as caps, clothing, etc. In short, you will have a wide variety of options.

What do you need to carry out this business idea?

Online store or a blog where you can sell your products online.

Skills you need to get started

SEO, WordPress blogging, web development, design, article writing, copywriting, social media management, creation of performance marketing campaigns and business development.

Channels with which to get clients for your business

SEO, social networks, Facebook Ads, newsletter marketing, affiliate marketing, online work platforms, offline marketing, client recommendations, Outbrain, Taboola, etc.

Take online surveys

Devoting yourself to online surveys can be a practical way to generate extra income. I do not think you can live entirely from this activity, but additional money that allows you to be more comfortable or save to invest in a business with higher dividends does not hurt. In addition, it is an extremely simple job, which does not require previous training or knowledge, you do not have to invest anything and you only need a computer and an internet connection. The earnings can vary on each platform and the most common payment method is PayPal. Some online survey portals to consider are: ClixSense, Myiyo, King of Prizes, American Consumer Opinion, SurveyRewardz, and Green Panthera.

What do you need to carry out this idea?

Register in different online survey platforms.

Make money investing

On the other hand, you have online investment platforms. Here you should have some knowledge of finance and, of course, the amount with which you will start the investment. A common example of this model is the buying and selling of cryptocurrencies such as bitcoin .

What do you need to carry out this idea?

  • Computer.
  • Have an account in a trusted online broker to invest

Skills you need to start this business idea

  • Analytical skills, financial skills, knowing how to read trends.

Infoproducts

At the last of our profitable business ideas are infoproducts. These are educational products that aid training and are based on the experience of their author. Therefore, both courses and e-books and online classes would fall into this category along with other options that I detail below:
  • Audiobooks : you could have Premium content in audio format.
  • Webinars : It is about doing live lectures on a specific topic that you are a specialist in.
  • Podcasts:
  • Autoresponders : these are courses that are delivered periodically via newsletter, that is, one class every two weeks or once a month.
  • Monthly subscriptions : newsletter aimed at private communities and with highly specialized content.
  • Mentoring
  • Software-based digital products : especially for developers, products like plugins, programs, templates and much more.

What do you need to carry out this idea?

  1. It will depend on the info product you want to create.
  2. Drive online traffic to the pages where you sell your infoproducts.

What skills do you need to start this business idea

  • To develop the info product, it will depend on what you want to do.
  • The ones that we have talked about in some of the points such as monetizing a blog, courses and online classes.

Channels with which to get clients for your business

Blog, SEO, social networks, Facebook Ads, newsletter marketing, affiliate marketing, offline marketing, customer recommendations, Outbrain, Taboola, etc.

Conclusion: What questions should you ask yourself before starting to develop your business idea?

We have come a long way collecting these profitable online business ideas with which you can go from extra income to building a solid company with great success. But, before finishing, we leave you some questions that you must answer before starting:
  1. Is there a demand for what you want to propose? It is important to know what is the market niche that fits your offer and the characteristics of the consumers that make it up.
  2. Do you already know what your competition does? Investigate how you can differentiate yourself from what is already sold today.
  3. What tools do you need to carry out your business idea? Check if you have the resources!
  4. What can I do and what do I need to delegate / outsource? This will give you an idea of ​​whether you need external suppliers or form a work team.
  5. How much initial investment do I need?
  6. How can I monetize my business idea?
  7. What channels do I need to reach my clients?
  8. Can I scale my idea?
  9. Can I (and want) to live exclusively on it? This will tell you how big the scope of your business should be.
  10. Do I have time to develop my idea? Full time or side job? Establish your dedication time.
Cool! You lready have all the information you need to become a successful digital entrepreneur , we are sure that this collection of ideas is the perfect one for you. We can only encourage you to start. Go ahead!

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New OnePlus 9RT: Specs, launch date, colors revealed

OnePlus hasn’t said how much RAM the 9 RT will feature, however Geekbench has shown that it will sport 12GB of RAM. However, an 8GB variant will almost certainly be available.

Shenzhen [China]: The OnePlus 9 RT’s launch date and specifications have been revealed by OnePlus ahead of its official announcement.

According to GSM Arena, the OnePlus 9 RT will go on sale in China on October 13, or next week.
Although the new OnePlus smartphone will be unveiled in China first, it is expected to make its way to India as well. In India, the OnePlus 9 RT has yet to be announced.

The Snapdragon 888 SoC will power the OnePlus 9 RT, which will be paired with LPDDR5 RAM and UFS 3.1 storage. It will have a 120Hz E4 screen and a 4,500mAh battery that will charge at 65W. The primary camera on the 9 RT will be 50 megapixels.

OnePlus hasn’t said how much RAM the 9 RT will feature, however Geekbench has shown that it will sport 12GB of RAM. However, an 8GB variant will almost certainly be available.

The phone maker also revealed that the 9 RT will be available in two colour options: black and grey, and that pre-orders will begin on October 13 in China, with the first sale on October 19.

We’re still four days away from the launch, so expect more information regarding the OnePlus 9 RT in the days leading up to it.

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Meaning of CEO, COO, CFO, CIO, CTO and CMO: Calling each executive by name

The adoption of business terms and technicalities from English-speaking organizations is increasingly widespread, and acronyms that describe executive positions are often favorites when used by those responsible for the areas of the company. The use of acronyms such as CEO, COO, CIO, CTO and CMO has become widespread, both in more traditional organizations such as startups and other technology-based companies.

But what is the meaning of these acronyms?

If we pay careful attention to its definition, we will see that the meaning of CEO and the rest of the management figures of companies are much simpler than you thought.

What is the CEO of a company?

The CEO of a company is the acronym corresponding to the acronym for Chief Executive Officer, which in Spain we usually know as CEO or Executive Director. He is the head of administrative management and direction in the company.

Who is the COO?

It comes from the Chief Operating Officer and can be translated as Director of Operations or Chief of Operations, responsible for the daily operations of the company such as production, logistics, etc.

What does CFO stand for in English?

CFO is the abbreviation for Ch IEF Financial Officer. In our business culture it corresponds to the Chief Financial Officer and his responsibility is the economic and financial planning of the company based on the objectives established by the board of directors, generally made up of those responsible for each area that we are analyzing in this post.

What is the CIO of a company?

It comes from the acronym for Chief Information Officer. Their role is attributed to the person responsible for the company’s information technology systems and usually falls into different professional profiles depending on the organization’s structure. Thus, the position of CIO may be the counterpart of the systems manager, although there is ambiguity in its implementation and it is often confused with the CTO, which we explain below.

What does the acronym CTO stand for?

It is the abbreviation of Chief Technology Officer and it is usual to give it the same treatment as the system manager in an erroneous way by many companies. The main difference is that while the CIO is responsible for the company’s information services at the process level and from the planning point of view, the CTO is the technical person in charge of the development and correct operation of the information systems from the point of view of execution.

What is a CMO in a company?

It corresponds to the acronym of Chief Marketing Officer and its translation in our business language is that of Marketing Director as the head of sales and product development, among other functions.

Its application in practice is different according to the structure of each organization, and there may be various combinations in the hierarchy of these executive positions. In general, the meaning of CEO of the company falls on the highest part of the organization and has as subordinates the executives responsible for each area, who report directly to this CEO to make his decisions. However, in other organizational models, the position of CEO held by its president as the visible image in communication and public relations of the company, delegating the highest decision-making authority to the COO.

The meaning of CEO extends

This definition nomenclature of executive positions in companies does not end here. Many of these terms did not exist a few years ago, and the increasing specialization of departments in large organizations gives rise to new positions, which after the meaning of CEO and the other positions that we have seen evolve into new figures such as the CSO (Chief Science Officer), CCO (Chief Commercial Officer), CLO (Chief Legal Officer) among many other definitions of executive positions.

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Coworking: Need or Opportunity?

Many times when it comes to undertaking we see that there are a great multitude of impediments that stop our initiative.

One of the most obvious, especially in times of crisis, is financing. That is why a work modality called coworking has proliferated in Spain for a few years. But what is coworking?

The foundation of coworking is to bring together professionals from different fields in the same space where they can develop their activity, which means significant cost savings. In other words, it’s like having roommates with whom you share expenses.

Surely, you have heard a friend talk about a coworking space, collaborative work, cost savings, … So far great, but the philosophy that underlies this type of work is even broader. The work tends to be increasingly multidisciplinary and many times, as entrepreneurs , we cannot cover the requests of a potential client.

We are going to put an example. Let’s imagine that we are a freelance professional specialized in Online Marketing and we have several accounts as a Community Manager.

As you are self-employed, but you are not motivated either by being in your pajamas all day locked at home listening to music, or worse, some gossip program that they give in the morning on TV – not to mention going to work in a library where the WIFI is slower than on your first Smartphone – you decide to try a coworking space where you have all the comforts for a small price and from which you can always “run away” if things don’t go well for you.

One fine day comes the opportunity to create a Social Media plan for a company. Within this Plan the creation of a corporate blog, the creation of videos,… to which you obviously answer: “no problem!” Is contemplated, since it is an opportunity that you cannot miss.

Once you dismiss the client, you sit in your chair and a cold sweat starts to run down your forehead thinking “now how do I do all this?”

From its programming, database creation, corporate identity creation … to the creation of promotional videos and a long etcetera.

Suddenly you raise your head like a meerkat in the African savannah and you see Nika, that nice girl who is a web designer and a little further on you see Alfon, that “compi” with whom you go out for beer on Fridays when you finish ” currar ”and it turns out that in addition to working as an illustrator, he has a hobby which is making videos, especially for his friends, and on top of that, it’s really good!

Et voilá! You already have a fully qualified team to carry out your project… and who knows if a future company. This idea is what underlies the coworking philosophy : Being able to create flexible collaborative environments that adapt to the needs of projects or clients.

Obviously, cooperative work has its advantages and disadvantages. Creating a multidisciplinary team for a project can be complicated, since managing the team is not an easy task when the participants do not share a mutual philosophy or common goals. Therefore, it is important to create a team that complements each other both on a human and professional level, and above all that wants to move the project forward.

From my own experience, if you want to develop your own project and do not have funding , it is better to make it very clear to the participants the delivery times and what their role in the team is. Otherwise, you will end up spending more time trying to coordinate people than working directly on your project.
“Luck is what happens when preparation and opportunity meet and merge.” Voltaire

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