what's up entrepreneurs so if you've
been wanting to start an online business
for a while i think now is the best time
to jump head first into it especially
with everything that's been going on in
the world lately more and more people
are moving online to make money so in
this video i'm going to share with you
what i think are the best online
businesses you can start this year even
if you don't have that much experience
hey by the way if you're new to my
channel i just want to say a big welcome
i make easy to follow videos on things
like starting online businesses making
money online affiliate marketing
personal finance and more
my goal on this channel is to help you
build multiple streams of passive income
which is something that i've been
fortunate enough to do myself
so if you're into any of these topics
please subscribe now and i'd also love
it if you could hit that like button on
this video as it really helps out this
channel
so let's jump into it now and talk about
some of the best online businesses you
should start this year starting off with
number 10 which is to become a micro
influencer so what is a micro influencer
well you've probably heard of the term
being an influencer essentially someone
with a large social media following and
you know they get paid a hundred
thousand dollars to promote a skincare
product or something like that well the
term microinfluencer is a little bit
newer essentially it's when you're at a
much smaller level say you've got a
thousand followers or 500 followers but
you're you have a community that's
really invested in what you're saying
and the kind of topic that you're
talking about so rather than going for a
big general niche like just being a
popular vlogger or something like that a
micro micro influencer might be
talking just about a specific niche
which might be like fly fishing or it
might be about
cooking vegan cookies or something like
that and the people who follow them
even though it might not be a really
large audience like i said before it
could be 500 it could be a thousand
people they're really invested into what
you've got to say
and the content that you're going to be
making so as a micro influencer
essentially what you would be doing is
posting content maybe on youtube maybe
on instagram maybe even tik tok these
days which really seems to be taking off
and you'll be making this content just
about this topic and the great thing is
is that even though you don't have a
million followers on instagram or a
million subscribers on youtube you do
have a thousand really dedicated
followers who are really actual uh
actual mega fans compared to say you've
got a million followers who don't really
care about you that much and the thing
is these mega fans are much more likely
to buy say your merchandise if you're
going to be putting out some t-shirts or
hoodies and things like that or if you
have a course like a micro course or
like a mini course that you put out for
50
they're much more likely and much more
invested to buy that from you because
they're so invested in what you're
talking about by the way guys if you are
enjoying this video i'd love it if you
could smash the like button because it
means a lot and helps this video get
found to other people and the good thing
is it really doesn't take that long to
build up this micro influencer kind of
community of say 300 people 500 people
or a thousand people
so say you start in january by the end
of the year i can absolutely assure you
that you have that many followers who
are really dedicated and invested in
what you're talking about all you need
to think of it now is what kind of niche
you want to be
an influencer in so that brings me
nicely into our question of the day if
you were to choose a micro influencer or
blog topic what would it be let me know
in the comments down below and the best
answer will win now coming in at number
nine kind of builds on this micro
influencer topic and that is to start a
blog now you might be saying chris blogs
or so 20 years ago 10 years ago maybe
that's the last time i checked out a
blog well you'd actually be wrong
because blogs are still incredibly
popular and they're still a great way to
make money online and it's so much
easier these days to create a blog with
services like wordpress and squarespace
and wix they just you know you can get
your blog up and running pretty much
within a day or two and again what i
would recommend is not doing your blog
on a very large topic it'd be much
better to do it on kind of a smaller
niche really target that micro
influencer kind of community that we
were talking about before and that way
you're going to get people who are very
targeted and the traffic is going to be
really good for you just in case you
want to sell them something and that's
one of the best things about websites
because it's really easy to launch
different products and have these
different income streams that you can
have directly from the website itself so
whether you're going to be selling
merchandise directly from your blog
maybe you can also be selling ads like
using google adsense and just getting
ads
similar to how you would have on youtube
but running on your your website or you
could do affiliate marketing which is
one of my favorite ways in which you can
make money online so while we're at it
let's talk about affiliate marketing
which is going to come in at number
eight so if you don't know what
affiliate marketing is it's essentially
a way in which you refer people to a
product or a service and you get a
commission if they end up buying that
service so a really good example is
amazon.com so you've all heard of
amazon.com it's the biggest online
retailer in the world and they have one
of the largest affiliate programs in the
world so if i was to recommend a product
to you and link you to amazon and you go
there following my link whatever you
purchase in the next 24 hours i'm gonna
get a commission of so how much
commission do you make well around about
four to eight percent through amazon so
say if you were to buy a camera for a
thousand dollars uh i might make four
percent on that which is forty dollars
which is not that bad and you can
imagine if you have you know a hundred
different videos or a hundred different
blog posts where you're kind of talking
about different products and people end
up buying multiple things in that same
day you can make a decent amount of
money
so i've been fortunate enough through
the amazon associates program to make
probably over 200 000
over the last few years and it's been
really successful mainly through uh
camera reviews which i've been doing
like i said before if you were to do
those kind of camera reviews you can
make a decent amount of money because
they're quite expensive items but people
also buy not just cameras but they might
also buy you know lenses and tripods and
sd cards and it all adds up so again if
you are that kind of micro influencer
that we've been talking a little bit
about in this kind of video and you're
going to be selling fishing rods you can
do a review on that either on your
instagram or on your blog and then link
to it and then if they end up buying
that within the next 24 hours you'll
make a good commission on that now i get
it you might not want to be a micro
influencer and that's totally fine i've
got some other ideas for you as well
coming in at number seven which is to
become a virtual assistant or a personal
assistant now i talk about this one
quite often because i think it's a
really good job that you can do uh if
you don't have that many kind of skills
practical skills but you are able to
help people and you do know how to kind
of maneuver your way online so
essentially what a virtual assistant is
is being a personal assistant but doing
it all online
you generally use something like zoom or
skype to call up the person you're going
to be working with and then you'll use
different programs like google docs
which is what i generally use with my
virtual assistant and you'll just
help them out with different projects
and maybe you'll help them out with
their emails making sure that they're
going to be sorted and
you know make sure that the emails that
they need to get to get to them
correctly and you'll also help them out
with calendars and bookings and all
those kind of things this business here
is really good if you want to work from
home say that you're a stay-at-home
mother or father
or if you just want to have that freedom
of you know not having to go into a job
nine to five and actually go into a
workplace another really cool business
that you can set up is actually doing
some freelance writing so this one comes
in nicely to what we're actually talking
about on the ninth
online business which is starting a blog
because people actually need content for
their blogs and they don't want to
always have to write it themselves so if
you're able to write blog content for so
if you have the skills to be able to
write blog content this can actually be
a really valuable thing that you can
offer the best place i'd say to find
work for freelance writing is going to
be over on upwork.com but you can also
take a look at fiverr.com you'll
probably get paid a little bit more for
upwork.com but check them both out if
you want to be doing freelance writing
so freelance writing is kind of working
for someone else but if you want to be
doing a little bit more for yourself we
want to keep the profits for yourself
what i would recommend is writing an
ebook
and this is one of my favorite all-time
passive income ideas because essentially
what it's going to be is you write an
ebook about something again we're going
to be kind of talking about that that
micro niche that micro influencer thing
so you might write a book about fly
fishing or something like that and you
can sell this book for say 20 and people
can just download it and the great thing
is is that once you've written that book
every sale you get is going to be a
passive income recurring source so let's
say that you wrote a book two years ago
and you're gonna be getting two sales
every day coming in at twenty dollars
that's forty dollars a day every day for
the next few years of course it's never
that easy but i think you get the idea
you do a little bit of the work up front
and then the passive income kind of
comes in as the days go on all right so
coming in at number four is to actually
start a podcast and this one here is
kind of the hot new thing at the moment
because everyone's starting a podcast
and one of the things that i really like
about a podcast is that you have the
attention of the listener so much more
than you would on say a youtube video
with youtube you might have i might have
your attention for three minutes and
then you'll you know click off and go
and watch another video you might have
done that already but if you haven't
thanks for sticking around but with a
podcast essentially people generally
listen to the whole podcast and they'll
just have it on in the background so say
that a youtube video goes for 10 minutes
a podcast might go for an hour and
people are always going to be listening
to it while they're doing something else
maybe maybe in a car but they're not
going to have different distractions and
different videos that they might want to
click on
so a podcast is great because you can
monetize it in so many ways you can have
different video and ad sponsors
you can have different affiliates that
you can promote and talk about in the
link description as well uh and you can
also have you know maybe like a patreon
uh kind of campaign where people can pay
five dollars a month to support your
podcast
if you can i'd recommend doing a video
podcast as well because i think that
they're a little bit more engaging and
that's great because you can have your
podcast in audio form which is on say
spotify or google podcast but you can
also show your podcast on a video
streaming service like youtube all right
coming in at number three is to do print
on demand now essentially what print on
demand is is you uh come up with a
design for say a t-shirt or a hoodie uh
and then you use a service like printful
or teespring or spreadshirt and they'll
print the t-shirt for you they'll
package the t-shirt for you and send it
off and essentially you get to keep the
profit uh after all of that's done so
back in the days if you were to print
your own t-shirts you would actually
have to get different blanks you'd have
to get the t-shirts you'd have to have
all the ink and then of course you would
have to print the t-shirts yourself and
then send them off
by yourself as well so that was
obviously a lot of work and it costs
quite a lot of money so these print on
demand kind of services will do all of
that distribution and fulfillment for
you and essentially you just keep the
profits so all you need to do is come up
with some coolers cool designs you can
use a service like fiverr.com to come up
with these designs and that's a great
way to do it as well
all right number two is to do youtube
and i'm really really passionate about
youtube because i've been doing it
myself for around about five years and
it's similar to kind of being a
influencer a micro influencer
of course there are lots of big youtube
channels which might have one million
two million five million subscribers but
there are also a lot of really
profitable channels who might have 5 000
subscribers even a thousand subscribers
and they're making a full-time living
off this even myself when i first
started youtube as a small photography
channel when i had around about 500 to
1000 subscribers i was able to make you
know a thousand dollars a month doing
that just through the affiliate links
that i was promoting on amazon so what i
would recommend you do is start a
youtube channel about some sort of niche
again this is going to be coming back to
that micro influencer influencers thing
which is something i really recommend
but if you can start it on a niche about
again we'll go back to that kind of fly
fishing idea you could make reviews
about different um you know fishing rods
you can make reviews about different
fishing equipment uh and you could also
do you know different tips and
instructional videos and it's just a
great way to build that kind of
community and then make money from the
revenue that you're going to be
generating and again it's kind of the
same as on a blog you can make money
through affiliates you can make money
through print on demand you could make
you know fly fishing
t-shirts
and just the opportunity is absolutely
endless and my favorite way that you
should make money this year is actually
doing online coaching
so there's a huge online learning so
there's a huge online education boom
happening at the moment especially with
everything that's been going on in the
world over the last few years
and it's a really really profitable
niche that you can get into
way you can do it is to set up an online
course or do an online coaching kind of
session through teachable.com teachable
is fantastic and it allows you to create
a video course or a text course which
you can sell to people for say 20 or 50
even up to a thousand dollars and again
this is a great business model because
it's relatively passive that were some
of my favorite business ideas for
beginners hopefully you enjoyed this
video if you did make sure to smash the
like button because i really appreciate
that and good luck with your online
business this year
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