Begin Your Own Business and Be Your Own Boss!
Who said you can’t? It is very easy and possible.
Are you finding it hard to start your own business?
Maybe you have this business idea but are unsure how to turn it into a successful investment.
It is important to note that setting up a business should not be for the jobless or unemployed alone.
Having a permanent job does not stop you from starting your own business either. After all, an employee can never be richer than his/her employer.
Besides, it is near impossible for an employee to become a billionaire through wages.
What does that tell you?
It implies that real good wealth can mostly be made through starting your own business and providing a service or product to offer value.
According to a report by Forbes, many new businesses fail because the owners do not determine and deploy the right business model where money will actually be made.
In this article, I will teach all you need to know about starting your own business, running it with the right model as a pro, and successfully growing your profit in no time.
This content is relevant for you no matter where you reside around the world.
But you may say “I do not know a thing about starting or running a business?”.
If you are a complete beginner to business, that is totally fine.
You don’t have to worry I run a 6 weeks sessions where I will hold your hand through our simple step-by-step guide to ensure you set up your own online business from scratch to the end. Email Nursingpreneur.com for a step-by-step guide, and be sure to follow us on social media: Instagram @Nursingpreneur for any updates or enrollments in one of my sessions.
What is an Online Business?
An online business is a business that is carried out entirely on the internet.
An online business does not require physical office space or a store where customers/clients must visit to get products/services.
Online business provides products and services completely via the internet.
Why should my business be Online?
Oh well, it isn’t a must that the business is an online business. However, if you have a busy schedule and want to generate income, having a business online is a must.
Below are some of the few reasons online business is preferable:
- Cheaper start-up cost
One of the things that often overwhelm business owners is start-up capital.
However, your start-up cost and overhead will be high if you are setting up a brick-and-mortar business.
Starting an online business, on the other hand, only requires you to pay for a domain name and hosting packages, and you can also hire someone to complete your website and social media accounts for your business. (Please contact me for all of your website design and social media needs).
- Flexibility
Online business gives you the freedom to operate from anywhere. Unlike the brick-and-mortar business that ensures you are present in your office or store before you can transact a business.
- Make Money while asleep
Because your business is virtual and runs 24/7, you can keep selling even while you are sleeping. People can patronize you from anywhere at any time no matter the time of the day.
- Low marketing expense
The internet is full of cheap and affordable advertising opportunities for your business.
From cheap online ads to social media handles and groups, and many more, you can spend a little with huge results to show for it.
- You can easily determine what your customers need
Through search analytics reports, you can easily determine what interests your customers or even potential clients and make it available for them.
Also, knowing their choice of products or services helps you to plan and re-adjust your investment in the products and services you offer.
- Access to International Market
One of the high points of running an internet-based business is the fact that you can have access to a global market if your products or services can be offered across international borders.
This expands your market domain and exposes your services to a larger audience without having to set up an office or store in those locations.
- Easier and quicker financial transaction
There are some online payment processing and collection services that can enable you to collect payment automatically into your account without any hassles, for example, PayPal, Stripe, etc.
This saves you tons of time with regard to transaction time and helps to reduce the risk involved in moving physical cash around.
But you may ask, I don’t have an idea of any online business to do.
There are almost unlimited online business ideas you can explore to start your own business.
However, I chose to highlight only a few in the list below, and if the idea you like is not listed here, please contact me so that I can help you choose the one you prefer.
You can start most of these businesses with little or no capital at all by just using either your smartphone or computer only.
Top 35 Online Business Ideas
- Sell your art online
- Launch a dropshipping business
- Sell website domains
- Become a freelance writer, designer, or developer
- Start your own clothing line
- Teach an online course
- Flip your thrift store finds
- Start a blog
- Become a virtual assistant
- Be an influencer
- Publish your own book
- Become an affiliate marketer
- Build apps and websites
- Launch a podcast
- Design websites for businesses and individuals
- Curate subscription boxes
- Build niche websites
- Develop a niche product
- Create handmade goods
- Do voiceover work
- Become a social media manager
- Invest in real estate
- Sell on marketplaces
- Become a translator
- Start an accounting or bookkeeping firm
- Become an online fitness trainer
- Promote sponsored posts on Instagram
- Create and sell NFTs
- Start an online coaching business
- Become an ad consultant
- Start a membership community
- Bulk SMS reseller
- Write engaging emails for people and business
- Online mentorship
- Create and run a large social media group e.g Facebook group, Instagram group, etc., and earn big from them.
Okay, I discussed why starting an online business is important if you want to start an online business or make money online while sleeping. I also gave you 35 business online ideas to help you get started. If you want to start an online business, here are 8 tips to help you get started!
Top 8 Tips on How to Start a Successful Online business
Here are tips I recommend if you want to start an online business. If you’re experiencing problems with these tips, please email me for a copy of my Step by Step guide to getting your business up and running and making money in your business.
- Check to see if this is the right time to start
The fact is, there is no better time to start.
Stop waiting and procrastinating; there is no right time anywhere to begin a business.
Many people had thought about starting a business but later stopped themselves through fears and procrastination.
Take this as another opportunity beckoning on you to stand to your feet and take the decision, then thank me later.
If you did this one year or two years ago, who knows maybe by now you would have become a millionaire.
If you want to get started immediately and need my help and support, I am available two days a week to teach beginners how to start a new business from scratch. As I mentioned at the beginning of the article, I do 6 weeks of weekly sessions and you can request more as needed. and also benefit from my step-by-step guide. Email me at Nursingpreneur@gmail.com.
- Choose your niche
A niche is a market segment of a larger market that can be determined by its own peculiar needs, preferences, or identity to separate it from the market at large.
In choosing a business niche, you can now narrow down to the specific product or service you will like to offer to your customers.
Many businesses fail because the owner dabbled into the wrong area of business maybe because he/she saw others doing well in that niche.
There are a couple of indices and factors to consider when choosing the type of business to engage in.
I am available to help with this to ensure you choose the right business that has the potential to thrive soon.
- Choose a business model.
A business model is a strategy on how you will deliver value with your business idea and get your customers to pay you while smiling. Choosing the wrong model means running a business with less profit.
Based on my business experience and expertise, I can help you choose the right model for your business.
- Register your business
This step helps to get you ready to avoid violating government policies on running a business within your locality or country.
You will be able to pay your taxes without engaging in tax evasion, which is a crime in Australia and other countries where you may live.
- Choose brand colours and create a Business logo
Building a brand identity is a very important thing to do when starting a business.
And one of the main ways to achieve that is for your company to have brand colours and a logo that should represent your trademark.
This helps you make your business stand out and become easily identifiable. There are a lot of free online logo designers you can start with pending when you grow bigger and can afford a more costly logo fee. To get colour combinations for your brand colours, make use of a tool called color wheel to select matching colours for your brand.
- Create a website for your business.
I can never over-emphasize how important a website is to your business. Running an online business without a website is like buying a car without tires.
Website is what speaks to your customers even while you are asleep or not available to give feedback to their enquiries.
It is like your physical office or stores online with you being present there.
And when it comes to designing a website, you will want to make sure you do not give it to amateurs to mess up with.
Can you guess why?
Because your website represents your business brand identity and image.
It speaks for you and gives your customers an impression of your brand’s efficiency.
Your website can on its own attract customers to your business through what we called organic traffic.
It is only professional website designers that can create such websites. I’ve designed several websites, including Nursingpreneur. I have the experience to create one for you that will give your business peace of mind.
Right from the selection of a website domain to hosting, building, and launching the site, I will handle it for you.
- Create and launch your product or service on your website platform
After building and going live with your professional-looking website, and getting your product/service ready, you can go ahead and launch it on the website and start making money.
- Optimize your website and its content (product/service)- SEO
Optimizing your website and its content ensures that search engines see them easily and push them to users who search for information on the web regarding what you offer.
This process is called site engine optimization (SEO). It helps to bring organic traffic to your website thereby assisting to bring more sales to your online business.
Conclusion
Starting a business requires determination and a focused mindset. You are not discouraged by what you see around you. The best time to begin is right now.
Even the best employment has the tendency of not being available tomorrow; hence you need plan B to carry on in case anything goes wrong with your job if you are gainfully employed.
If not you are still better with your business.
I offer website design, domain registration, SEO services, and mentorship in starting your own business, and I teach you to become an expert on your own and will get ongoing support from me. If your Interested Book me for 30 mins consultation to get my advice and support.
I hope the information provided above helped you in your decision about starting your online Business. If you want to have a discussion about the same, I’m all ears. Reach out to me on Nursingpreneur.
Stay healthy and stay safe.
