12 business ideas for budding digital entrepreneurs
Have you always dreamed of starting an online business or turning a side hustle into a lucrative source of income, but don’t know where to start? If the digital entrepreneurial lifestyle sounds like something you want to pursue, this article is your ultimate guide to choosing a niche that suits your skills and creativity.
1. Publish an ebook
Have you always dreamed of writing a book but were afraid of the price? Writing an e-book is a great option. You can eliminate printing costs. All you need is a finished piece, put it on Amazon and give it some good marketing!
Write a memoir, a how-to guide to something you’re passionate about, poetry or a work of fiction. If you’re good at digital marketing, write about those skills and how you became a pro in that discipline. You’ll be amazed at how many people are interested in what you’re good at.
2. Create a social networking platform
Are you comfortable coding and tweaking the user interface? Consider creating a social networking platform. You can create a safe space for small groups of people, like fan communities or a new dating app.
If you are organized and dedicated enough, you can do it yourself. Think about the show Silicon Valley; Richard brought Piped Piper to life, and so can you. Where to start ? Take a look at Beatwho can help you with web, mobile and app development processes.
3. Become an online tutor
If you’ve always wanted to teach but feel the classroom is too intimidating, an online tutor can be a great business choice. Whether your skill is in math, science, social studies or English, there will always be groups of people who need your support!
The tutor is a great platform to find your way. Work remotely, get paid on a regular schedule, and have the chance to tutor students of all ages.
4. Become a virtual assistant
A virtual assistant is an all-rounder, who can manage a company’s social media, take calls or errands, organize emails, manage finances, and more. This job shift is great if you like every day at work to be different.
Even though you help businesses with their day-to-day tasks, you are ultimately your own boss. Accept as many clients as you want based on your schedule. You will appreciate the flexibility.
5. Create an e-commerce website
Do you have a series of good ideas? An e-commerce website may be for you. Use platforms like Shopify to sell your products as quickly and efficiently as possible.
Easily turn your dream business into an online store, sell anywhere including social media, market your business with integrated digital marketing campaigns, and manage your orders, shipping payments, and total sales.
6. Start your dropshipping journey
Dropshipping is the process of selling products from a wholesaler or manufacturer, who provides those products to you. This third party charges you, but you charge the customers who have purchased from you.
You don’t need a warehouse to store the products, you just need to find a retailer you would be interested in dropshipping with. If that still sounds complicated, here’s an article on dropshipping sites and what they are. You want to make sure that you choose a reliable one.
7. Make money on Etsy
Do you create artistic works such as jewelry, prints, toys, clothing or paintings? Etsy is the perfect online platform to ensure your work is sold to passionate buyers. Arranging your space is easy.
Membership is free. Create an Etsy account, think of a cool business name, add a bio and profile picture, add listings, descriptions, prices, set shipping prices, and set payment preferences. You can also set policies so customers know all the little details. With this sales platform, you have the freedom to customize it to make yourself comfortable. Your first sale won’t be far away.
8. Start a graphic design business
Graphic design is a great business idea if you have an eye for detail! Consider opening a Fiver account, where you can showcase your services to those who need help starting their own business.
Think about the types of designs you could do, the aesthetic or the type of logo. Would you go with delicate lines, soft watercolors, and cursive fonts, or would you focus on creating symbols for brands instead of lettering? You could create the signature on someone’s work email, so this type of business is one you can be proud of.
9. Offer writing services
Are you a wordsmith? Even if you are not the most proficient in English, you can create writing services for those who need a writer. The best part is that there is a range of services you can offer and experience.
Writing services can include copywriting, article writing, script writing, reviews, ghostwriting, and more. If you don’t have a writing portfolio, write what you know in Word documents and post them to an online platform like Cuts. It’s ideal for journalists and writers of all expertise.
Even if you don’t have a lot of experience, it gives potential customers a place to see what you can offer them. You want to know more ? Read the essentials you need to start your freelance writing business!
10. Start a YouTube channel
Yes, making money on YouTube this way is possible. The key is consistency and hard work! Don’t just create a profile and upload videos, create an online presence using Twitter or other social media platforms. Ask people questions. Be creative. Research your audience. What do they want to watch?
What type of chain should you create? Play or live stream your favorite video games. Design educational content. Create challenges. If you’re passionate enough about the videos you create, you’ll be well on your way to achieving your goals.
11. Create your own blog
Blogging can be for an amateur, but it doesn’t have to be. It can be quite a successful source of income if done correctly. Pick a topic you like and start writing anything and everything.
Thinking of being a tech blogger? If you love gaming, write about how to build a PC or write an in-depth review of your new graphics card. If you recently bought a laptop, review the best specs and why someone else should buy it! With consistent blogging, you will eventually be able to monetize your website. If you want to learn more, here are some things to do before starting a new blog.
12. Create an online course
You might think this is an overly saturated digital business, but not if you’re creative. Think about something you’ve accomplished over the years. Are you a great musician? Do you know how to use complex video editing?
There is always an audience of people who would like to learn the breadth of your knowledge with everything you know. If you play the piano, consider setting up a beginners program. Plan each lesson, break them down, and think about what will be most valuable. The price is not important, it is the value you will give to others who will appreciate your level of expertise.
Dive into the digital entrepreneurial journey
The results in building a business may not always appear immediately, but your patience will always be rewarded. If one thing doesn’t work, try another. You will be surprised at the things you will learn by discovering yourself.
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