A playbook for Generating Business Ideas

5 Online Business Ideas
1. Self-Publishing
I am such a big proponent of self-publishing that I have dedicated an entire
section of this chapter to self-publishing. There is simply too much to say about
self-publishing to cover in this short format. At the end of this chapter you can
read more about self-publishing and why it’s such a great business.
2. Blogging
You can make money blogging through advertising, offering premium content or
products, or affiliate marketing. Blogging can also be a great way to market
another business idea. Blogging has been tremendously beneficial to me
personally, professionally and financially. I highly recommend it is an easy and
low cost business you can start with little time.
To learn more about blogging, check out
The
Ultimate
Guide
to
Blogging
.
3. Online Teaching
Create video courses on topics that you have expertise in and charge money to

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watch them. Self-host your courses or distribute them on sites like Udemy and
Skillfeed
. Networks like Udemy and Skillfeed are great if you don’t have an
existing audience.
The benefit of self-hosting your courses is that you can pay less in transaction
fees and therefore make more money. I use software called
Fedora
to self-host
my courses.
4. Affiliate Marketing
Affiliate marketing is when you market someone else’s product and collect a
mutually agreed upon percentage of the sale price. There are a number of
benefits of affiliate marketing. First, you don’t have to create the product.
Second, you can diversify. You can sell multiple products. If one is not selling
so well, you will still have the others. Third, as compared to working full-time
for a company, you can make your own schedule and work from wherever you
want.
To learn more about how you can become an affiliate partner for my company,
Startup College, and get paid for sharing links to courses,
view
instructions
here
.
5. Investing or Day Trading
You could start trading stocks, commodities, bonds, currencies, or other
securities in order to make a profit. To have an investment business you would
need capital to invest.

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