“If you’ve got an idea, start today. There’s no better time than now to get going. That doesn’t mean quit your job and jump into your idea 100% from day one, but there’s always small progress that can be made to start the movement.”
This timeless piece of advice given by the creator of Instagram Kevin Systrom is more valuable today than ever because we are now living in the era of internet entrepreneurs.
Millionaires Born Online
Systrom launched Instagram in 2010. Two years later, in 2012, he sold the photo sharing app to Facebook for a whopping $1 Billion.
That’s how fast you can grow a business from nothing to a billion dollars online. And Instagram is not the only company that made success online.
Twitter recently bought an Indian startup named ZipDial for $30 million.
ViralNova, the popular magazine-style blog got acquired by a startup for $100 million.
SnapChat founder Evan Spiegel currently has a net worth of $2.1 Billion.
The social media automation tool, Buffer, makes over $680K in monthly revenue.
All of these success stories simply goes to show that the only thing you need to be a millionaire today is a solid idea and the will to execute it.
The Internet is Here to Stay
Self-driving cars might change the way we travel in the future. Virtual reality headsets will change the way to experience digital entertainment. But, if there’s one thing that we can expect to grow even bigger, that is the internet.
People now trust the Internet more than TV and newspapers. It’s time you put the technology available at your fingertips to good use and make something out of it.
Thanks to the internet, 69% of entrepreneurs have now launched their small businesses online and work from home. And, in the US alone, there are nearly 28 million small businesses with over 22 million individuals working self-employed with no additional payroll or employees.
Unlike opening a local business or a shopping mall, launching a business online allows you to reach a massive audience beyond your city and even your country to sell your products and services worldwide.
This has been the number one reason most entrepreneurs choose online over brick-and-mortar to launch a business.
If you’re still struggling to find a way to start an online business, here are a few ideas that you can start today.
5 Quick Ideas for Starting an Online Business
1. Start A Blog
It’s the easiest way to start a business today. If you have a great niche topic idea for a blog, go ahead and start blogging. You can sell ebooks, monetize your site with Adsense and make money in more than one way with a blog.
2. Start An Online Store
Do you create products or think you can sell products at competitive prices? Then launch an eCommerce website and start selling. Remember that even Amazon, the largest online retailer, started out small like you.
3. Become A Coach
Put your years of experience to good use and teach other businesses how to do things right. You can start out by launching a website to promote your services.
4. Become A Consultant
Do you have enormous knowledge in a specific skill? Then you should consider helping others by sharing your knowledge to guide them on the right path to success. While charging them for your time, of course.
5. Affiliate Marketing
Plenty of websites such as Amazon, Ebay, and even our very own Go Get Space offer affiliate programs for people to join and make money without having to invest any money on creating products. You could sign up for an affiliate program for free and promote the products through social networks or your own blog to get a percentage of the sale.
It’s worth noting that only 10% of startups actually succeed in maintaining a profitable business. Mostly because they often make the mistake of focusing on money more than creating a valuable product or a service.
However, as long as you avoid making the same mistake, you’ll eventually reach your goal of becoming a millionaire. So, what are you waiting for? Go start your online business today.
Plan on building a business website? Then check out our affordable VPS hosting packages here at Go Get Space.
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