35 Inspiring Small Business Ideas to Start on a Small Budget
The 15 Online Businesses that you can start today for big profits.
1. The 15 Online Businesses that you
can start today for big profits.
2. Here you can find 15 businesses that you can start fast.
These businesses are profitable and they are in high
demand. You could expect to receive good profits from
most of them. The drawback is that there is too much
competition for the majority of these businesses. Anyway,
I will briefly describe them here and show you how you
can also claim a piece of the profits from the online
business world.
4. People are starving for information nowadays.
Information could be anything that communicates a
message. Art is a kind of information, images, files,
software, games, books and e-books are information too.
5. You can create your own products or have other people do
it for you. Either way, you will have to invest some time
and money. If you want to have the products created for
you, then you can outsource the projects to others even to
people in other countries. This is a good technique that a
lot of companies are using today.
6. Selling information is very profitable because the costs of
reproducing the products you sell are next to nothing.
Once you create the first product you can create as many
copies as you need virtually at no cost. The time required
to distribute the products to your clients is next to zero
too. Finally the shipping costs often disappear on the
Online business world. This is definitely a profitable
business.
8. If you don’t want to create anything you can sell
what others create. Your only duty will be to advertise.
Advertising is not easy, specially in such a competitive
arena that is affiliate marketing. On the other hand, if you
have the patience and discipline to learn how the super
affiliates make it, then it can be really worthy the time
spent on this venture.
9. Some top affiliates make tens of thousands per month
from this business alone. There are just so many
companies out there that want you to promote their
products. This is one of the reasons why some new
affiliates get lost. How can you know which companies
are trustworthy and which ones are not?
10. Simple. Stay with the companies that pay you high
commissions like 50% to 75% per sale and which
conversion ratios are fairly high. For example, if a company
pays you 65% commission to sell their product and for
every 100 people that see the product 2 - 3 purchase it,
then you may consider promoting the product.
11. Also expect to receive at least $20 per sale. I
wouldn’t advertise a product if I can not get at
least $20 for every sale. Do the math. Let’s say
that you get paid $25 per sale. Your advertising costs are
$5 per 100 people. If on average 2 out of 100 purchase the
product, then you will get a huge return on investment.
12. Of course these are hypothetical figures. The real world is
a little bit different. To find these products may not be
that easy. But that’s the basic idea of how starting
an affiliate business works.
14. This is another good idea. The main thing you will need is
a website with a lot of real good quality traffic. You can get
truck loads of cheap traffic from autosurf programs and
other sources. You can trick some advertisers but most of
them won’t stay with you after their test spend.
15. That’s why it is better to do it right from the
beginning. This business can be profitable but you
definitely need reasonable quantities of quality traffic
everyday. You can do this by giving away good quality
content both on your website as well as other places.
16. For example you can write articles and publish them on
article banks or e-zines. You can write a short e-book and
offer it for free to your visitors on the home page. You can
write programs reviews. You can set up a forum on your
website and let you visitors interact with each other.
17. Anything that could provide a service or that can enhance
the experience of your visitors can be a good source of
traffic. The good thing about it is that most of those
visitors will come back to your site from time to time and
these techniques are free. If your website offers good
content to your clients, you won’t need to pay to
get visitors. They will come to you for free.
19. Trading is very risky, that’s why it can be very
profitable too. It is like they say: “no risk, no
reward.” You should never trade or invest the
money that you cannot afford to lose, but if you have
some spare capital, this can be another source of income.
20. Most online brokers today will allow you to open an
account with them with very little initial investment. You
can open an account with as little as $300 to $1,000. Also
there are many markets that you can trade in. You can
trade currencies at Forex. You can trade stock shares at the
different exchanges through the online brokers. You can
trade commodities at the Futures market. You can trade
options and many other derivatives.
21. The are many choices for those who want to trade for a
living. Just a cautious note here. Trading is not as easy as
many people want you to believe it is. It takes time to
master any market including the financial markets. It is
better to trade on paper for a while before you
compromise your real capital. Some people become rich
trading, but 90% of the traders fail.
23. There are many opportunities on the Internet to invest in
programs which promise high rates of return in a short
period of time. Most of them claim to be private investor
clubs and they say that they get most of their profits from
financial trading and investing.
24. Some of these companies seem legitimate but many are
pure scams. Discretion is recommended to anyone who
chooses to invest on these programs. Some offers are so
unbelievable that they are simply that: unbelievable.
Remember that “if something sounds too good to
be true it probably is.”
25. When you visit the forums you can read how many people
lose money on these programs while others claim that
they paid for their vacations or something else with the
money they got from one of these programs.
26. Many high yield investment programs are short lived. They
disappear quickly ripping off many investors. Others tend
to be more stable. Typically I have seen that those
companies which offer more reasonable returns like 1% -
2% profits daily tend to be more reliable and last longer.
27. Anyway, the reward on this investment can be big, so the
risk is also big. Discretion is recommended. Avoid anything
that sounds like a game, pyramid or gambling.
29. Online auctions can be a good source of revenues. You can
sell virtually anything on these auctions. Who
doesn’t know about e-Bay? Almost everyone on
the civilized world knows about it. E-Bay is not the only
one though. Stormpay is a good player too and there are
many others.
30. The idea is to get good quality products at the lowest
possible prices. You can achieve this by getting to know
the best wholesalers for the products you are trying to
sell.
31. If you can buy bellow wholesale price and then sell the
items individually you may realize a nice monthly profit by
doing that. Some people’s main source of income
are online auctions and they make hundreds of thousands
of dollars per year. Another way to make money with
online auctions is to be a dropshipper, which I explain
bellow.
33. When you are a dropshipper you don’t need to
buy the products that you are selling. This eliminates some
of your risks. You just make the presentation for the
products whether on online auctions websites or your
own websites and wait for somebody to purchase the
products.
34. Once they send you the payment you transfer the order to
the distributor who package and send the product to the
buyer. Then you get paid a portion of the sale price. Some
individuals prefer this because they don’t have to
deal with the merchandise nor the clients and still they get
handsome profits from this business.
36. When you join a multi-level marketing company you can
sell other people products like with affiliate marketing and
recruit others to do the same. You then get paid for every
sale that your sales team generate.
37. You can do all of this over the Internet without having to
meet people personally. The beauty of this business is the
residual income that it can generate for you. If you train
your sales people well and they do the same with their
sales team your profits multiply over time.
38. This may sound like a pyramid but it is not. Genuine multi-
level companies won’t charge you to join their
program. They are interested in your advertising efforts
not in your money. Pyramids charge you to join, usually a
large amount and the only way for you to make more
money is to pull more people into the scheme.
39. With multi-level marketing you can make money even if
you do not invest anything on the company. You make
money by selling their products as well as training other
people to sell the products. The people that you train do
not have to pay anything to join the company either. They
are just sales people not investors.
41. If you have knowledge and expertise about a particular
topic, you can start a consultancy business online and help
others. You can offer your knowledge and advice for a fee.
42. You can do this directly from your own website or your
website can be used as an advertising tool. Then you refer
your visitors to other media you can use to run your
consultancy business like your telephone or any meetings
that you organize and they can attend.
44. There are different e-currencies on the Internet today.
Sometimes somebody needs to exchange one kind of e-
currency for another. For example, they may have e-gold
and they may need e-bullion.
45. So, when they want to exchange money they go to online
money exchangers and exchange the money. The
transactions occur mostly through the exchangers
websites, sometimes manually and sometimes automatic.
46. This is a lucrative business. If you become an exchanger
you get paid a small fee for the transaction. It could be for
example 3% of the exchange amount. So, if someone has
$1,000 in e-gold and they want e-bullion, then you charge
three percent of the e-gold you are receiving ($30) plus
the amount that e-gold charges you to receive the funds.
That’s your profit $30. Then you send them the e-
bullion.
47. How it is usually done is that once they send you the e-
gold you subtract the fee from the e-bullion that you send
them. So, they receive less in e-bullion than what they
send you in e-gold.
48. This may not look as much money to you. But if you have
several hundreds of transactions per day, you can make
serious money this way. The drawback is that you need
funds to do the exchanges. You may also need to find out
what are the rules and regulations about this business in
your local jurisdiction. But I certainly believe that this can
be another good source of revenues on the Internet.
50. Autosurf programs has spread all over the Internet lately.
The idea is as follows. You pay a company some money to
receive website visitors. The company send you visitors
and give you the opportunity to surf other members
websites as well. If you surf other members websites you
can get paid a percentage of the amount you paid on a
predetermined time frame, let’s say weekly.
51. For example, you pay the company $100. The company
promises to pay you back 15% weekly if you surf 15
websites per day. Then you click on a link every day and
the websites rotate on your browser for a set amount of
time (e.g.: 15 seconds). Then you close your browser and
go do something else. At the end of that week you will
have $115 on your account. The more you invest the more
you make.
52. Many autosurf programs are scams. They do not provide a
legitimate service to their users. Others are very effective.
I specially like the ones that require the users to manually
surf the websites. This way I make sure that a real visitor is
visiting my pages and not a machine.
54. If you start an affiliate network company you will be the
intermediary between the merchants and the affiliates.
You can also offer the merchants a payment processing
system and allow them to use that tool to collect
payments from their clients.
55. Your main focus on this business is not to create products
nor to advertise products. You mostly act like a bank. The
merchant join your company to sell products using your
services and to get affiliates. The affiliates join to be able
to sell the products on the program and receive
commissions. The merchants offer the commissions they
are willing to pay and take care of their customers.
56. You collect the payments from the merchants’
clients and send payments to the merchants and affiliates
on a predetermined time frame. You charge a fee for your
services.
57. That’s basically it. That’s the basic idea of
how this business works. Of course, it is not that easy in
real life. You will face competition, but the good thing
about it is that you don’t have to create the
products and you don’t have to advertise them
either. You act like the bank and intermediary between
affiliates and merchants.
59. You can also purchase e-books in wholesale quantities and
sell them all over the Internet. A package of e-books may
cost you a few dollars and you can sell them over and over
again.
60. Some people write e-books and offer master resale rights
on those books. This means that not only you can resell
the books but also let your clients sell them to their clients
and on and on. The reason some authors do this is
because they want to get maximum exposure for other
products that they are selling or for the affiliate links that
they included within those e-books.
61. Then you can get a package of those e-books and software
with master resell rights and sell it to other people. This
way you do not have to create your own products. You
make a small investment once and profit many times.
63. This business can provide residual income for you. When
you sell hosting you are basically selling a space on a
server to webmasters. This provides a good source of
revenues because many webmasters stay subscribed with
the same hosting company for many months or years.
64. They pay a monthly fee and as long as they stay
subscribed you keep receiving profits. The same happens
with membership sites like dating websites. You
don’t need many subscribers to be profitable. This
business is different to others for the reasons that I will
explain bellow.
65. If you write an e-book and try to sell it to others, you will
sell that e-book once to one customer. That customer may
never purchase anything else from you again. If you sell a
membership to somebody that person will give you money
on a recurring basis. You will sell the same product to the
same person several times.
66. This provide a source of residual income in which your
money grows exponentially over time. Let’s say
that you have 1,000 subscribers and they pay you on
average $5 each per month for your subscription. If you
don’t sell further subscriptions you will still receive
on average $5,000 per month.
67. On the other hand, if you market single sale products you
need to keep selling the same amount of products every
month to new clients if you want to keep receiving the
same amount of monthly profits. That’s why
residual income is so important. A web hosting or paid
subscriptions business offer a great opportunity to receive
monthly residual income.