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8 Online Businesses You Can Start Today

8 Online Businesses You Can Start Today

Online businesses are all the rage and hype these days. After all, in today’s world, you can practically do everything on the internet: from connecting with old friends, checking out books from a virtual library and taking an e-course, online interactions are prominent.

In this case, setting up online businesses seems to be a viable course of action.

You don’t need to have a lot of financial investment in the matter either. As long as you have the passion, the commitment, the drive, the street-smarts, and the talent, your online businesses can be great hits for your target market.

Which online businesses should you look into getting to? Here are 8 of them that you can start today:

Freelance Writing

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freelance writing

    If you have the knack for whipping up a whirlpool of words in a span of seconds, this may not be your best bet. But if you have a talent for delivering messages in an easy-to-understand manner, offering your writing services to other businesses can be beneficial. You can even do this part-time at first. Later on, you can go full-time and even make your own writing services agency.

    Make your own writing-centered website or sign up for third-party freelancing sites. 

    Life Coaching/Consultation

    Gone are the days when coaches were for sports, exclusively. Now, life coaches and even relationship coaches are there to essentially help people improve their futures and manage their lives!

    Produce your own coaching videos. Have your own coaching program. Reach out to problem-centered forums under your target niche. 

    Affiliate Marketing

    Hear me out on this one: only sell products that you are absolutely in love with. If you love business, try out business-based products and only market those that benefited you. Invest in your passion and profit will come.

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    Promote other companies’s products and services on your own and get a decent commission every time you make a sale. 

    Buying and Re-selling

    There are a multitude of websites nowadays who can help you post advertisements to sell your products. You don’t even need to look very far and you don’t need to outsource your product development just yet.

    Start by selling stuff found on your home. It enhances your selling experience and improves your tactics. 

    Virtual Assistant Services

    Most business owners actually prefer a virtual assistant more than a full-time employee because it gives them more flexibility and more compatibility with less hassle.

    Use social media platforms to market your services. Make an online resume on outsourcing websites such as oDesk and Elance. 

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    Graphic Design Services

    You can still differentiate yourself from the other graphic designers by targeting a specific niche in mind. Don’t just go for the generic templates – no one likes average, anyway. Be prepared to be cutting-edge and prominent.

    If you really have a passion of art, pursue this passion. If you’re only in for the money, the complications and competition in this kind of business may discourage you from succeeding. 

    eBook Selling

    ebook selling

      The eBook selling scheme is among the popular online businesses because of its ease and convenience. Now, you can get a lot of readers just by practicing the basics of marketing – once you have great relationships with your prospects, getting them to buy your book is as easy as A-B-C.

      Write about that you’re excited about. Write to inform, to educate and sometimes to even entertain. You don’t need to get caught up in the grammar department as a lot of editors are there to provide their services as well.

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      Online Tutoring

      If you don’t freeze up in fear over the thought of Math, you can teach it online to students. Sometimes, even basic Math is popular because not all offline teachers can successfully communicate the lessons. Don’t limit yourself to only this subject, though, as Science and History are also buzz choices.

      Make a separate Skype account dedicated to your tutorial services. Charge by the hour. 

      As any brick-and-mortar business, online businesses also need your time, commitment, dedication and talent. Sure, you can start these up right now, but consider the fact that you need to maintain it accordingly for you to be able to reap the profits.

      What online business are you considering?

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      Last Updated on December 10, 2019

      7 Strategies to Keep Employee Motivation High

      7 Strategies to Keep Employee Motivation High

      Highly motivated employees are essential to the success of any business. Most people spend a third of their lives at work.[1] That’s a significant amount of time away from home, apart from the people who make us happy and the things we love to do. So keeping employee motivation high is essential for creating an office environment that gets the best out of our people.

      But do you know what motivates your people?

      It’s simple:

      • Is their work stimulating?
      • Does it challenge them?
      • Is there room to grow, a promotion perhaps?
      • Do you encourage creativity?
      • Can they speak openly and honestly with you?
      • Do you praise them?
      • Do you trust your staff to take ownership of their work?
      • Do they feel safe in their work environment?
      • And more importantly, do you pay them properly?

      Every one of these factors contributes to the general happiness of your employees. It’s what motivates them to come into the office each day and work hard, hit goals, and get results.

      In contrast, an unmotivated employee is typically unhappy. They take more sick days, they’re not invested in seeing your business succeed, and they’re always on the lookout for something better.

      Stats show that 81 percent of employees would consider leaving their jobs today if the right opportunity presented itself.[2] So it’s up to you to set aside time and energy to create a work environment that benefits every one of your employees.

      These seven strategies will help you motivate your people to consistently deliver quality work and, more importantly, to stick around for the long term.

      1. Be Someone They Can Rely On

      You rely on your people to turn up to work each day, to come to you when they have a problem they can’t solve, to be honest, and to always engage professionally with customers.

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      But this is not a one-way street. You, too, need to be someone your team can rely on. They trust you to have their backs when a client is unreasonable, to know that the decisions they make are in your best interest, and to make good on your promises.

      If you say you’ll attend an important meeting, be there. If your company makes a profit and you’ve said you’ll pay a bonus, pay it. The goodwill of your people is something you never want to test, let alone lose.

      Be reliable; it’s astounding how much this motivates your people.

      2. Create an Awesome Company Culture

      There’s no denying that company culture trickles down from the top. Your leadership and attitude massively influences the attitudes, work ethic, and happiness of your staff. If you’re always stressed-out, overly demanding, and unreasonable, it’ll create tension in your office which will adversely affect your employees’ motivation levels.

      In fact, the HAYS “US What People Want Survey” found that 47 percent of staff who are actively looking for a new job, pinpoint company culture as the driving force behind their reason to leave.

      So if you have high staff turnover, you need to determine whether your company culture might be the motivating factor behind your churn rate.

      Here are four ways to build a culture that keeps your employees highly motivated.

      • Be conscious of the image you present. Your body language and attitude can positively or negatively impact your employees. So come to work energized. Be optimistic, friendly, and engaging—this enthusiasm will spill over to your people and motivate them to be more productive and efficient.
      • Appreciate your people and be reasonable. Celebrate your team’s achievements. If they’re doing a good job, tell them. Encourage them to challenge themselves and try new things. And reward when deserved. If they’re struggling, help them. Work together to find solutions and be a sounding board for their ideas.
      • Be flexible. Give your people opportunities to work remotely—this is highly motivating to staff, particularly millennials. They don’t want to be battling traffic each day on their way to work. They don’t want to miss their kids’ baseball games or ballet rehearsals. Stats show that companies that offer flextime and the ability to work from home or a coffee shop have happier and more productive employees.
      • Create employee-friendly work environments. These are spaces that inspire and ignite the imagination. Have you ever been to Google’s offices? No headquarter is the same. From indoor slides and food trucks, to hammocks, and funky work pods on the wall, gaming rooms, and tranquil interior gardens, there’s something for everyone. It’s a space where people want to be, catering to their need for creativity, quiet, or team building; you name it.

      So take a look at your company culture and ask yourself, Is my business an attractive workplace for talented professionals? Does it inspire commitment and motivate my people? What could I do to improve my company culture?

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      3. Touch Base with Your Team Weekly

      Make time for your people, whether you run a remote business or work in an office, set aside time each week to talk to your people one-on-one. It’s non-negotiable.

      When there’s an open line of communication between staff members, work gets done. Don’t believe me? A study by Gallup found that 26 percent of employees said feedback from their leaders helps them to do a better job.[3]

      Your people want to feel trusted. They want to take ownership of their work, but they also need to know that when they have a question, they can reach out and get answers. If you’re unwilling to make yourself available, your team will quickly become unmotivated, work will stagnate, and your business will stop growing.

      So block off time on your calendar each week to touch base with your people, even if only to let them know that what they’re working on matters.

      4. Give Them the Tools They Need to Do Their Jobs Well

      Imagine trying to run your business without electricity. How would you contact your clients? What would happen when your phone or computer battery died?

      Technology is super critical to the success of your businesses. It allows you to work more efficiently, to be more productive, and to handle matters on-the-go. That’s why you need to give your people tools that will make their jobs easier.

      Make sure their equipment is in good working condition. There’s nothing more frustrating than a laptop that takes ages to boot up. It’s got to go. Replace outdated software with new software. Don’t make your designer work in Coreldraw; give them access to the most up-to-date version of Adobe Creative Suite. Take it a step further and buy them a subscription to Shutterstock or Getty Images.

      Make working for you a pleasure, not a pain; and watch your employees’ motivation levels rise.

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      5. Provide Opportunities to Learn and Upskill

      Would you believe me if I told you that 33 percent of people cite boredom and a need for new challenges as the top reason for leaving their job?[4] If you want to retain your talent, you need to upskill.

      Thanks to technology, we live in a rapidly evolving world that demands we change with it. A copywriter is no longer just a writer; they now need to be experts in SEO, Google Adwords, CRMs, and so much more.

      A pastry chef needs to be a food stylist, photographer, and social media manager. An entrepreneur needs to be a marketer—or at least take ownership of the marketing message for their business—if they hope to scale.

      Technology makes all of this possible. No matter your location, your people can continuously expand their knowledge and gain new skill sets—something that’s highly motivating to employees. They want to know that there are opportunities to grow and develop themselves.

      If you won’t invest in your people, then your business becomes just another job to tide them over until they find where they truly belong. So be the company that sees value in developing its people.

      6. Monitor Their Workload

      Overworked employees tend to be unproductive and unhappy. Your people cannot be at full capacity every day, month to month. Something’s got to give. They’ll become deflated and their work will eventually suffer, which will negatively impact your business.

      What I like to do is implement a traffic light system. It helps me to keep a finger on the pulse of my business. So there’s red, yellow, and green:

      • Red means they’re fully loaded.
      • Yellow means they’re busy, but they can potentially take on more.
      • Green means they haven’t got enough to do.

      I use this traffic light system because I don’t want my team members to be stressed out of their brains all the time. If they are, they won’t make good decisions and they won’t do good work.

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      If my people are regularly overloaded, I have things to think about. Perhaps I need to hire a new person to help ease the load or take a closer look at what projects are good to go, and which can take a back seat.

      And this is why #3 is essential. If I’m regularly engaging with my people, I’ll know that while they’re coping with their workload, it is impacting their performance and health, and I’ll take action.

      7. Don’t Mess Around with Your Employees’ Pay

      Never mess around with your people’s salary. As a business owner or high-level manager, it’s easy to forget that most people live from paycheck to paycheck. Delayed compensation can mean a missed bill payment, which could result in costly penalties they can’t afford or hits to their credit score.

      So it’s your job to ensure that you pay your people on time.

      The Bottom Line

      A motivated team is an asset to any business. These people never give up. They get excited about coming to work each day and can’t wait to test a new theory or tackle a particularly tricky challenge. They’re proud of the work they do. And more importantly, they have no reason to leave.

      Wouldn’t you rather be part of their success story than the business that drove them away?

      More to Motivate Your Team

      Featured photo credit: Emma Dau via unsplash.com

      Reference

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