Advertising
Advertising

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

Advertising

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.

    Advertising

    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. 

    Advertising

    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.

      Advertising

      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?

      More by this author

      The Ultimate Morning Routine for Success of Highly Successful People 9 Surprising Benefits Of Kimchi That Will Make You Want To Try It Now 11 Signs That Tell You It’s Time to Let Go 10 Differences between a Bad Boss and a Great Boss This Old Woman Has Lived On A Cruise Ship For 7 Years

      Trending in Work

      1 5 Types of Leadership Styles (And Which Is Best for You) 2 15 Best Entrepreneurs Books to Start Reading Now to Be Successful 3 17 Best Careers Worth Going Back to School for at 40 4 Top 10 Ways to Lead More Effectively with Humor 5 Work Smarter, Not Harder: 12 Smart Ways to Be More Productive

      Read Next

      Advertising
      Advertising
      Advertising

      Last Updated on June 18, 2019

      5 Types of Leadership Styles (And Which Is Best for You)

      5 Types of Leadership Styles (And Which Is Best for You)

      It takes great leadership skills to build great teams.

      The best leaders have distinctive leadership styles and are not afraid to make the difficult decisions. They course-correct when mistakes happen, manage the egos of team members and set performance standards that are constantly being met and improved upon.

      With a population of more than 327 million, there are literally scores of leadership styles in the world today. In this article, I will talk about the most common leadership styles and how you can determine which works best for you.

      5 Types of Leadership Styles

      I will focus on 5 common styles that I’ve encountered in my career: democratic, autocratic, transformational, transactional and laissez-faire leadership.

      The Democratic Style

      The democratic style seeks collaboration and consensus. Team members are a part of decision-making processes and communication flows up, down and across the organizational chart.

      The democratic style is collaborative. Author and motivational speaker Simon Sinek is an example of a leader who appears to have a democratic leadership style.

        The Autocratic Style

        The autocratic style, on the other hand, centers the preferences, comfort and direction of the organization’s leader. In many instances, the leader makes decisions without soliciting agreement or input from their team.

        Advertising

        The autocratic style is not appropriate in all situations at all times, but it can be especially useful in certain careers, such as military service, and in certain instances, such as times of crisis. Steve Jobs was said to have had an autocratic leadership style.

        While the democratic style seeks consensus, the autocratic style is less interested in consensus and more interested in adherence to orders. The latter advises what needs to be done and expects close adherence to orders.

          The Transformational Style

          Transformational leaders drive change. They are either brought into organizations to turn things around, restore profitability or improve the culture.

          Alternatively, transformational leaders may have a vision for what customers, stakeholders or constituents may need in the future and work to achieve those goals. They are change agents who are focused on the future.

          Examples of transformational leader are Oprah and Robert C. Smith, the billionaire hedge fund manager who has offered to pay off the student loan debt of the entire 2019 graduating class of Morehouse College.

            The Transactional Style

            Transactional leaders further the immediate agenda. They are concerned about accomplishing a task and doing what they’ve said they’d do. They are less interested in changing the status quo and more focused on ensuring that people do the specific task they have been hired to do.

            Advertising

            The transactional leadership style is centered on short-term planning. This style can stifle creativity and keep employees stuck in their present roles.

            The Laissez-Faire Style

            The fifth common leadership style is laissez-faire, where team members are invited to help lead the organization.

            In companies with a laissez-faire leadership style, the management structure tends to be flat, meaning it lacks hierarchy. With laissez-faire leadership, team members might wonder who the final decision maker is or can complain about a lack of leadership, which can translate to lack of direction.

            Which Leadership Style do You Practice?

            You can learn a lot about your leadership style by observing your family of origin and your formative working experiences.

            Whether you realize it, from the time you were born up until the time you went to school, you were receiving information on how to lead yourself and others. From the way your parents and siblings interacted with one another, to unspoken and spoken communication norms, you were a sponge for learning what constitutes leadership.

            The same is true of our formative work experiences. When I started my communications career, I worked for a faith-based organization and then a labor union. The style of communication varied from one organization to the other. The leadership required to be successful in each organization was also miles apart. At Lutheran social services, we used language such as “supporting people in need.” At the labor union, we used language such as “supporting the leadership of workers” as they fought for what they needed.

            Many in the media were more than happy to accept my pitch calls when I worked for the faith-based organization, but the same was not true when I worked for a labor union. The quest for media attention that was fair and balanced became more difficult and my approach and style changed from being light-hearted to being more direct with the labor union.

            I didn’t realize the impact those experiences had on how I thought about my leadership until much later in my career.

            Advertising

            In my early experience, it was not uncommon for team members to have direct, brash and tough conversations with one another as a matter of course. It was the norm, not the exception. I learned to challenge people, boldly state my desires and preferences, and give tough feedback, but I didn’t account for the actions of others fit for me, as a black woman. I didn’t account for gender biases and racial biases.

            What worked well for my white male bosses, did not work well for me as an African American woman. People experienced my directness as being rude and insensitive. While I needed to be more forceful in advancing the organization’s agenda when I worked for labor, that style did not bode well for faith-based social justice organizations who wanted to use the love of Christ to challenge injustice.

            Whereas I received feedback that I needed to develop more gravitas in the workplace when I worked for labor, when I worked for other organizations after the labor union, I was often told to dial it back. This taught me two important lessons about leadership:

            1. Context Matters

            Your leadership style must adjust to each workplace you are employed. The challenges and norms of an organization will shape your leadership style significantly.

            2. Not All Leadership Styles Are Appropriate for the Teams You’re Leading

            When I worked on political campaigns, we worked nonstop. We started at dawn and worked late into the evening. I couldn’t expect that level of round-the-clock work for people at the average nonprofit. Not only couldn’t I expect it, it was actually unhealthy. My habit of consistently waking up at 4 am to work was profoundly unhealthy for me and harmful for the teams I was leading.

            As life coach and spiritual healer Iyanla Vanzant has said,

            “We learn a lot from what is seen, sensed and shared.”

            The message I was sending to my team was ‘I will value you if you work the way that I work, and if you respond to my 4 am, 5 am and 6 am emails.’ I was essentially telling my employees that I expect you to follow my process and practice.

            Advertising

            As I advanced in my career and began managing more people, I questioned everything I thought I knew about leadership. It was tough. What worked for me in one professional setting did not work in other settings. What worked at one phase of my life didn’t necessarily serve me at later stages.

            When I began managing millennials, I learned that while committed to the work, they had active interests and passions outside of the office. They were not willing to abandon their lives and happiness for the work, regardless of how fulfilling it might have been.

            The Way Forward

            To be an effective leader, you must know yourself incredibly well. You must be self-reflective and also receptive to feedback.

            As fellow Lifehack contributor Mike Bundrant wrote in the article 10 Essential Leadership Qualities That Make a Great Leader:

            “Those who lead must understand human nature, and they start by fully understanding themselves…They know their strengths, and are equally aware of their weaknesses and thus understand the need for team work and the sharing of responsibility.”

            The way to determine your leadership style is to get to know yourself and to be mindful of the feedback you receive from others. Think about the leadership lessons that were seen, sensed and shared in your family of origin. Then think about what feels right for you. Where do you gravitate and what do you tend to avoid in the context of leadership styles?

            If you are really stuck, think about using a personality assessment to shed light on your work patterns and preferences.

            Finally, the path for determining your leadership style is to think about not only what you need, or what your company values, but also what your team needs. They will give you cues on what works for them and you need to respond accordingly.

            Leadership requires flexibility and attentiveness. Contrary to unrealistic notions of leadership, being a leader is less about being served and more about being of service.

            More About Leadership

            Featured photo credit: Unsplash via unsplash.com

            Read Next