25 Best Online Businesses to make 6-Figure Income
Online businesses are pinch-hitting the business industry right now. The Covid pandemic has shut down many local companies and elevated the online business like never before in history.
Men and Woman today are more available online than in-person. It’s best to be where your customers are, “online” for a successful business. The world is running real-quick so should your business. Gone are days of waiting for the “sweet fruit” of patience; instead, the correct time to kick-start your online venture is here and now.
After an in-depth marketing analysis, here’s a list of the 25 best online businesses to make a 6-figure income from home. Without further ado, let’s get started with these exciting business ideas:
25 Best Online Businesses to Make 6-Figure Income from Home
Here are the top 25 business ideas to make a 6-figure income working from home. Before getting into the list, note one thing; how successful you will be will depend on how hard you work with dedication to your new venture. Make a plan, work the plan and the money will always follow.
| # | 25 Business Ideas to Make a 6-figure Income | Description |
| 1 | Start an E-commerce business | eCommerce platforms being global comparatively generate broad reach quickly. |
| 2 | Blogging | It can be started at a low cost yet yields high profits. |
| 3 | Become an Online Coach or Sell Courses | Online coaching or selling online courses has also turned out to be a well-growing. |
| 4 | Graphic Design | Graphic designing is one of the businesses that can be started even before creating a logo or own website, making it a zero investment business. |
| 5 | Start a Podcast | In this business, you record audios on topics of your preferable niche that people hear on the platforms chosen by the publisher. |
| 6 | Affiliate Marketing | Here you get in touch with brands, retailers, and creators and help them promote their businesses. |
| 7 | Web Development | Based on demand, web development is one of the cheapest businesses to start, yet turning out it is a magically lucrative business. |
| 8 | Virtual Assistant | VA started as the job is now counted as one of the best online business ideas. |
| 9 | Interior Designer | Digital interior designing is a successfully growing online business helping to make money online vastly. |
| 10 | Social Media Influencer | Being a social media influencer can make you good money while staying home. |
| 11 | App Developer | Being an app developer is an excellent option for people who want to make money online, those who like to work alone, and those who are not comfortable working in offices. |
| 12 | Wedding photographer | The prices of wedding photography are higher than you can think. Professional wedding photographers are getting paid around $2000-$10000 per wedding function. |
| 13 | Travel Business Consultant | Property owners are always searching for persons who can help them increase the profit from their rental property. You can be their survivor. |
| 14 | Freelance Content Writing | For this online business idea, you must be creative, have a good internet connection, be original with words, and have excellent research skills. |
| 15 | Create a YouTube channel | YouTube these days is being streamed more than usual, and many people are creating their own YouTube channels based on the scope it has to earn money. |
| 16 | Data Analysis | Data analysts, with their data-driven techniques, help enterprises to make decisions. |
| 17 | Personal Fitness Trainer | Be a personal fitness trainer if you know some tricks and tips. This online business idea doesn’t demand any certificate or investment. |
| 18 | Stock Photographer | You can sell your photos on websites like Pexels, Pixbay, and Shutterstock without dealing with clients directly. |
| 19 | Freelance Content Marketing | Content marketers help rank the content on Search Engines. |
| 20 | Carpet Cleaning Business | You can earn pretty much as the rates are offered usually per square foot. |
| 21 | Run a Daycare Center | The demand is increasing with the increasing population. |
| 22 | Become a Real Estate Broker | Being a real estate broker is challenging but financially rewarding. |
| 23 | Be a Wedding Planner | Being a wedding planner is exciting as you have to deal with diverse responsibilities that make you creative. |
| 24 | Tour Guide | Through this business, you can fulfill your dream of traveling and exploring new areas. |
| 25 | Sell Custom Printed Products | Custom product printing online store seeks instant recognition due to the high demand. |
Start an eCommerce business
Covid-19, specifically, has given a powerful push to the eCommerce business model. In layman’s terms, an eCommerce business is a “Digital marketplace for buying or selling online.”
For kick-starting an eCommerce business, you must first research products with “Huge Demand” to sell. To start, you’ll need to design an authentic logo and name for your business/store. Second, you’ll have to set up an online store on popular internet retailers such as Amazon, Shopify, eBay, Walmart, and other eCommerce sites.
But what am I getting? If we look at stats ever since pandemic 2019, eCommerce sites have shown visibly increased revenue generation across the board in all markets.
If you are too hesitant to launch a product, you can begin with the dropshipping business. In dropshipping, you act as a retailer. You sell products for someone else on your store, or website at your chosen rates, delivering cost and generating maximum profit out of them.
Drop shipping has proved to be among the lowest investment online businesses with high-profit generations. there is no inventory to maintain and no customer service to deal with as that is handled by the supplier or manufacturer.
Key Features
- eCommerce platforms being global comparatively generates broad reach quickly.
- It doesn’t require physical existence to kick-start the online business.
- Includes building online stores to sell online and generate high revenue.
Pros
- Cost-efficient business startup
- High in demand
- Your chosen rates
- Buy or sell globally
- Classified products in the respective niche to attract the target audience
Cons
- Crowded industry, hence many competitors
- Takes time to grow
Start blogging
The blog you’re reading right now can be your road to 6-figure earning in your own business. Are you shocked? Well, yes, you can make money through blogging if done correctly with affiliate products or services links.
Blogging has turned out to be an unbelievably successful online business. What makes blogging a successful business? Well, it’s the vast amounts of markets that someone might have experience in to make money. For instance, if you are an interior designer you could write about the many different types of home decor and have affiliate links to products you discuss in your blog and making you commissions on every sale. This could earn you tens of thousands of dollars every month, there are design blogs out there pulling in 6 figure incomes every month with this blogging model.
If you’re tech-competent, it’s a more cost-effective business startup for you on your own. However, if not, you’d need to hire someone from a site like fiver or upwork to help build your website, register your unique domain name, and help monetize it for maximum revenue generation through your blogging efforts. However, it still would be much cheaper than investing in a traditional brick and mortar type business.
But how can you make money out of it? You must have noticed unwanted and irrelevant ads on multiple blog posts. That’s one of the ways to generate profit. You can run paid ads on your blog and on every blog post. The more eyeballs you have on your sight the more money. If you’re able to generate enough interesting content like a travel channel for instance and have 500,000 viewers a month, you could generate $10,000 to $15,000 a month in ad revenue alone.
Besides this, there are other ways, such as creating content accessible to registered range only or using your blog for downloading or digital product sales.
Key Features
- It can be started at a low cost yet yields high profits.
- It opens various ways to earn money.
- Provides money-making opportunities by running sponsored ads on your site.
Pros
- Flexible timing can be done in your spare time
- High-Profit and Low-investment.
- Skill-based hence can be started with zero experience
- Various options to make money
- Expanding marketplace
Cons
- Competitive business industry
- Takes time to build up a blogging
- must learn SEO to be successful at it.
Become an Online Coach or Sell Courses
Online business has taken over the business hub. Similarly, online learning is the future of learning. Like the traditional educational systems, online coaching or selling online courses has also turned out to be a well-growing online business. Online learning is a widely growing business industry.
Note that no business generates successful efforts without real effort. Online coaching doesn’t mean you’re doing nothing. It takes much more effort, hard work, and additional skills to initiate an online coaching business or sell any course. However, it’s a much cheaper investment than traditional course selling or coaching classes.
For this, all you need is a single platform to coach. This platform can be any website, social media app, YouTube channel, email service, or all of the above. The best part about this business is your trade, you work with what you’re an expert at, even if it’s only one skill or course.
The return from this business is much more than it initially takes—ranging from a specific contract sum each month to earning a six-digits through this business idea with multiple accounts or contracts.
This earning strategy can be made more precise by registering at some internet platforms that provide you the chance to coach on their site. There are multiple coaching platform sites where you can join and launch your services from such as coachingwebsites.com, coachhub.com and kajabi.com just to name a few.
Key Features
- Teach what you’re good at, no matter what it is.
- It requires a lot of effort to convey your skills.
- Much more cost-efficient startup compared to physical coaching and courses.
Pros
- Free to choose your niche
- Flexible working hours
- Unbelievable high yield
- Well-growing online business
- Cost-efficient startup
Cons
- Must keep the website updated
- Skill-set required
Graphic Design
Are you a Graphic designer? Do you know someone who’s a proficient graphic designer but working somewhere else? If yes, it’s time to learn that graphic designing is a high revenue-generating business.
To earn six digits from a graphic designing business, getting designing skills is the only investment you will need to make. There are many design schools out there that can teach you everything from the basics and beyond. However, it’s preferable to own a Mac or an upgraded graphic design pc with graphic designing tools loaded in it. If you’re skilled, you’re all set to start your business today.
Graphic designing is one of the businesses that can be started even before creating a logo or own website, making it a zero investment business. The first thing is gathering content clients, which can be from multiple job-providing sites on the internet such as fiver, upwork or freelancer.com just to name a few.
Once you get a long-term client, turn it into your official business. Get your website, register your domain and monetize your platform. Promote your business’s services on your social media sites like instagram, Facebook, twitter and of course your website.
Once done, keep striving smartly to generate more clients, hire a team, make most of the money and grow your business from home. You can even take in high paying gigs and farm them out to others on fiver, upwork or freelancer.com and be the broker of the work being completed and collect the difference.
Key Features
- Skill-building is possible via online free courses.
- A graphic designing business starts with almost zero investment.
- Requires an innovative and creative approach to stand out.
Pros
- Extremely high revenue
- Flexible working hours
- Direct access to client
- Free skill-building
- Availability of multiple platforms
Cons
- Must have upgraded PC and software
- Have to be available for clients 24/7
Start a Podcast
Podcasts are so much more than hearing individuals talking about different things. Today, it has emerged as the business itself. The podcasts you watch or listen to can help you to earn up to 6 figure plus income working from home. There are literally hundreds of podcasters out in the market today making 6 and 7 figure incomes from their converted garage to a recording studio.
In the podcast business, you trade with entertainment. In this business, you record audios on topics of your preferable niche that people hear on the platforms chosen by you the publisher such as buzzsprout, RSS.com, Redcircle or podbean to name just a few. The publishing platforms include an app, website, YouTube, and other media. Now when these podcasts are listened to, the publisher earns advertising money. Check out this link if you would like to learn more about the many podcasting hosting sites and what they have to offer.
For this business setup, you’ll eventually need to spend on quality recording tools and a well-functioning pc but you can literally get started with a couple of mic’s and your phone. Besides that, the platform you choose for publishing your podcast can require investment too. Podcasts introduce different ways to earn money, such as advertisements, sponsored content, and premium podcasts limited to registered users.
Pre-decide the niche you’ll be having podcasts about, the more focused you are on your keyword topics the faster you will be found by your listeners. It can be academic, scientific, skill-based, psychological, business development, etc. Do not try to be all over the map with your topics or you will be lost in the either with no listeners.
Follow a proper plan, and get in touch with influencers to promote your business on social media platforms. Go out and interview fellow podcasters, influencers and YouTubers to help grow your channel and you will be giving them good content as well.
Key Features
- Requires possessing a quality recording tool, software and Mac or updated PC setup.
- You must have excellent communication skills to start this.
- Boring or interesting niche, the content should be engaging to keep the audience’s interest.
Pros
- Trading pure entertainment
- Diversified money-making ways
- High returns
- Free promotion with social media
- Fun to interact with people
Cons
- Consumes a lot of time
- Editing can be hectic
- equipment can start to get expensive as you grow
Affiliate Marketing
As the name implies, affiliate marketing is about getting affiliated. Here you get in touch with brands, retailers, and creators and help them promote their businesses or products.
For this, all you need is to develop a site or YouTube channel (see below) of your own and publish or promote or sell products of others. Many affiliate marketers have scored massive incomes this way.
Now how do you start this? Begin with researching a product that has huge demand. You can see this by selling products or customer reviews to select the product. Try using google trends to see what is trending in the market and try to get in early for best results, it only takes catching a couple of waves to earn yourself some fat stacks of cash.
Once you select the product, get in touch with its owner, or supplier of the products. Once you get affiliated with the owner, start creating and implementing creative ways to sell their services or products on your platforms. Once you make the sale, you get your commission. Try working with sites like clickbank, shareasale or flexoffers to name a few.
Returns from affiliate marketing might differ, but many affiliate marketers can successfully make 5-7 digits monthly income, thats right I said monthly. The business’s success depends on your efforts to promote the products or services via the correct marketing method. The successful growth sometimes even leads to launching their own products later on.
Key Features
- Open many gates to earn money once you successfully start.
- You get chances to make money online without even launching a product or brand.
- It doesn’t turn into a business overnight; it requires a series of efforts and hard work.
Pros
- You chose who to work with
- Flexible working hours
- Highly Lucrative
- 5-7 digits monthly income
- Availability of multiple affiliate programs
- work from anywhere in the world
Cons
- Growth takes time and dedication
- Have to be careful while linking products
Web Development
Thousands of websites are developing every day, and we don’t see a stop to that anytime soon. Who would have thought people backing websites would make five to six figures monthly or more?
Like graphic designing, web development is entirely skill-based. One should practice being proficient with computer languages such as CSS, JavaScript, and HTML. The better the coding skills, the more successful the business will likely be. Many online courses teach front and back web developing skills like Simplilearn, udacity, Pluralsight and skillshare just to name a few.
Once you earn your first client, proceed to an official start by creating your website, its logo, and registering a domain with a company like Bluehost, Hostgator, Nexcess or Godaddy to name a few. With this, you can create websites from the money earned through your initial clients.
Hence this makes it one of the lowest investment business. Based on demand, web development is one of the cheapest businesses to start, yet turning out to be a magically lucrative business.
In short, if you’re looking for a business that is likely to last longer, web development is a profitable option for you. As you create more and more sites, your skills will sharpen and your work will be in more demand as word gets out.
Key Features
- Can be started with almost zero investment.
- Controlled entirely through remote working, i.e., anywhere in the world.
- A completely Skill-based business requires creativity.
Pros
- No Investment
- Flexible working hours
- Successfully growing industry
- Multiple courses available to learn
- Monthly 6-7 figure income
Cons
- Complicated at the initial level
- Skill-set required
Virtual Assistant
A virtual assistant, aka Executive Assistant commonly called VA, has shown noticeably enhanced demand since Covid promoted remote working. Virtual assistants are people backing different individuals, businesses or brands by doing multiple organizational services.
What services do the VA offer? The benefits include taking calls, managing their social accounts, email marketing, market analysis, competitor research, making travel arrangements, handling invoices, etc. VA started as the job is now counted as one of the best low cost entry online business ideas.
Like I said earlier, individuals/brands/businesses are shifting online. That has played a significant role in broadening the virtual assistant business industry. Think Executive Assistant pay but on a part time basis for multiple clients at the same time and you can begin to get the picture how lucrative this job can be. Also this job can be performed from almost anywhere in the world.
For almost every business, VA services are required, which has increased the scope and revenue of this business. You can start offering your services on platforms like fiverr, upwork or freelancer.com just to name a few.
Once you land a handful of clients that like working with you, you can remove yourself from those platforms and focus on your own website and your personal brand growth. Eventually hiring additional VA’s for your personal brand to help grow the business even further in multiple countries.
Key Features
- A professional start must have an excellent internet connection and peaceful surroundings.
- One must possess great patience and consistency to get desired results.
- Well aware of social media management, scheduling meetings, answering calls quickly, etc.
Pros
- Good returns
- Zero investment other than computer and a phone
- You chose your clients
- Flexible timing and hours
- You can be your boss
Cons
- Struggle to earn clients without proper direction
- Have to negotiate the rates with long term clients
Interior Designer
Interior designers are people who design creative and modern styles for buildings and homes internally. Digital interior design is successfully growing as an online business helping you to make more money online.
In a digital interior designing business, you provide interior designing services virtually. It doesn’t require much investment if you already possess the required software for interior design. However, you’ll have to buy that software to give quality services as a beginner.
For this, you’ll have to start promoting your expert interior designing services online. You can start by using social platforms or by creating a monetized website or blog where you list your services. Many interior designers use their blog to generate business and sell or promote additional products through affiliate marketing of products they promote.
For starters, you can begin by providing one service you’re an expert on. Social media marketing is among the most used marketing methods for businesses today for their expansion. Youtube could be a great tool to help grow your business by showing the designs you have already done to promote interest and gain new clients. Today, many digital interior designers make 6-7 digits of monthly money or even more.
Key Features
- For a starter, the designer must be innovatively creative to shine out in the market.
- Efforts should promote the business on all social media platforms.
- For starters, try negotiating with clients to earn them a long time.
Pros
- Low budget investment
- Global clients
- Flexibility
- Per demand rates
- 6-7 digits monthly income
Cons
- No in-person measurement can cause problems
- 24/7 availability needed
Social Media Influencer
Being a social media influencer can make you good money while staying home. To become an influencer, you need a large following on your social media accounts like Facebook, Pinterest, Instagram, Twitter or TikTok.
Social media influencers earn large sums of money through social media marketing and affiliate marketing. They promote multiple brands and their products by reviewing them for their audience. Either being paid directly from the brand or by promoting affiliate marketing and collecting commissions on every sale.
If you are planning on becoming a social media influencer, you need to be able to assist and gain publicity through your various social media platforms. To grow your influence, you will need to post daily on all forms of media and with luck you will get a few posts that go viral reaching millions and expanding your reach even further.
Being a social media influencer also means maintaining a good relationship with your followers and being interactive; otherwise, you will lose your reach and their interest. People don’t care about what you know until they know about how much you care.
Through the way, you will be collaborating with different brands. You must also have good writing and persuasive skills to promote brands successfully.
Key Features
- Being a social media influencer, you will live an active and exciting life.
- You will tag yourself as a good content creator and will polish your excellent persuasive skills.
- Throughout the profession, you will improve your photo and video editing skills.
Pros
- Flexible job
- No fixed office hours
- Get to work with famous brands
- Receives gifts and event invites
- Charismatic business
Cons
- Income depends on the level of popularity
- Issues of bullying, harassment, and hacked accounts
- constant posting of material and content
App Developer
The digital era is all about new websites and apps. The competition today is about making the best user-friendly applications. In today’s world, there is excellent scope for app development.
Being an app developer is an excellent option for people who want to make money online, those who like to work alone, and those who are not comfortable working in offices.
Even if you are not a computer science major, multiple websites offer online courses for app development which you can opt for and become a freelance app developer. Many online courses teach app development skills like Simplilearn, udacity, Pluralsight and skillshare just to name a few.
App development includes coding, designing, managing, and updating various websites and applications for your employer. App development is a growing field with many vacancies and insufficiently skilled applicants.
The main benefit of this job is that even if you do not have an employer to pay you, you can always create apps of your own and sell them to other parties.
Key Features
- You get efficient in at least one programming language.
- You will get multiple job vacancies as the marketplace is demanding.
- You will get paid per your demand and skill level.
Pros
- You don’t have to invest any money in this business
- A great demand for app developers in the industry
- Allows you to work on an individual level
Cons
- Time-consuming job
- Competition in the market
- Copyright and stealing issues
Wedding/Event photographer
Do you love taking photos and want to turn this passion into a profession? Be a wedding photographer then. The prices of wedding photography are higher than you think. Professional wedding photographers are getting paid around $2000-$10000 per wedding function.
Okay, let us talk about how this will work. First, you must create your portfolio on social media sites like Facebook, Twitter, Pinterest, and Instagram. Post the best of your samples with Hashtags to promote the account. Contact wedding venues to offer your services initially at a discounted rate to them so they can make a little spread. This will help grow your name and your services while helping you build your portfolio.
It will take time to get noticed, be patient. Once you get noticed, set your rates and showcase your skills. Initially, it would help if you offered affordable rates to grab potential and long-term contracts.
Besides posting on social media, make a solid website portfolio and build a blog post on your website about your industry to help drive traffic. It will help you stand out with your services on a national level.
It would also help if you had a high-quality professional camera, lenses, tripods, and other equipment for investment. It is a one-time investment that will last a long time and its a taxable deduction. You can start your shopping on Amazon Market place or you can find new and some gently used newer products at B&H photo video store.
Key Features
- Can decide when and how many hours to work.
- This career option makes you creative and hardworking with the aspiration to grow higher.
- You will get food and gifts at every wedding function you attend as a compliment.
Pros
- Meeting and traveling to new places
- Social media recognition
- Flexible hours job
- Free food everywhere
- High demanding income
Cons
- Seasonal job; no guarantee that you will have work all 12 months
- Spending nights and weekends away from the family
- Equipment is expensive to buy and maintain
Travel Business Consultant
You might think that the career of a travel consultant has ended; still, there is much you can try out in the travel industry. Property owners are always searching for persons who can help them increase the profit from their rental property. You can be their savior.
It can be your full-time job as it demands challenging market research for listing and booking rates. One thing guaranteed in this field is that you won’t be earning only a few dollars. Being a travel business consultant, you can support your family financially and can make your own living.
You should know that VRBO and Airbnb listings don’t work without visibility. It would be best if you collaborated with professional photographers to show the best view of the property.
Create a social media or website business account to promote your content. Take part in advertising campaigns and Search Engine Optimization to promote your business to the targeted audience. You can also seek advice from a digital advertising consultant.
When your customer/followers base is strong, collaborate with travel agencies. Or, to mark yourself as a professional, get a travel consulting certificate.
Key Features
- You will get paid on a commission basis.
- Social media recognition globally.
- Collaboration with different people, traveling to various locations to gain experience.
Pros
- It gives you the option of working full-time, half-time, or from home
- Opportunities to travel to different places
- No professional degree or experience is required
- As per demand income
- Can turn into a full-time income stream
Cons
- The job demands you to be available for your clients 24/7
- Some clients might be hard to deal with
Freelance Content Writing
Isn’t it surprising that you can make money online with your writing skills? Just after the employment turn-over by the Covid virus, Freelance content writers are in high demand; little did you know.
For this online business idea, you must be creative, have a good internet connection, be original with words, have excellent research skills, and have exceptional grammar and vocabulary.
Besides working as an independent contractor, you can work with digital marketing agencies as companies outsource professional content writers. First, initiate your freelance writing career with platforms like Facebook, Upwork, and Fiverr.
Being a content writer, you will write sales copy, blog posts, articles, web content, email newsletters, and various content. Most jobs pay by the word and can be most lucrative with larger articles requiring more research. Now here is the best part, there is AI software writing programs available to do most of the writing for you like Jasper, Copyai, and writesonic. Couple that with Ink Editor for SEO strength to get noticed and Gammarly to make sure everything is correct and plagiarism free and you have a winning writing team.
It is the best online business because it allows you to work from anywhere. Take online tutoring to polish your proofreading, grammar, research, and editing skills.
Key Features
- You get to work with different international clients as a remote worker.
- Professional freelancers can make $300-$800 per article they write.
- Once you get enough experience, you can also start blogging.
Pros
- The flexibility of working hours
- You decide with whom to work or not
- You get paid as per your demand
- You make friends over the globe
- Full-time income stream
- work from anywhere in the world
Cons
- Should be able to edit texts
- Time management is essential
Create a YouTube channel
Often people create YouTube channels just for fun, to gain popularity, or to utilize their time better. A lot of entertainment and information is available on YouTube. Many students consider this platform the sole source of understanding maths and physics.
However, YouTube these days is being streamed more than usual, and many people are creating their own YouTube channels based on the scope it has to earn money. More people today are watching YouTube than are watching any of the network stations around the world. Thousands of hours of content are uploaded to YouTube every MINUTE!
You might consider the marketplace saturated. Still, it has plenty of opportunities for those who are dedicated. If you are not consistently posting to your channel on a regular basis, the YouTube algorithm will kill your channel and send you to the back of the bus.
First, you need to decide on a niche you are passionate about or at least have a great deal of knowledge about to create content consistently. Choose the one you think you are professional or entertaining at, whether cooking, vlogging, DIY crafts, or gaming. Also, ensure to have a good internet connection. They highest paid ad revenue channels are those on finance, real estate and crypto currency channels.
To get monetized to receive ad revenue from your channel, you will need 1,000 followers and 4,000 watch hours over a 12 month period. There are ways to help speed this up a great deal, check out our blog on how to start a YouTube channel. However, you can make immediate income off the channel if you are talking about products or services by including links in the description below your channel funneling viewers to your affiliate marketing products.
Besides all that, make sure you learn all about the YouTube rules, regulations, and guidelines before creating a channel. You do not want any strikes on your account, 4 strikes for violations and your channel is removed FOREVER! Moreover, You can start with just your phone and a bluetooth microphone but you will want to increase your quality as you start to build followers. Also you will need to learn how to edit videos on your phone or computer to be able to upload your content.
Key Features
- Since every household has at least one phone with an internet connection, the marketing can be done worldwide.
- A YouTube channel can help you earn money forever as long as the channel exists.
- Once you get recognized, your income will be higher than you think.
Pros
- Fun and enjoyable online business idea
- Free online courses available to learn
- Earn money as much as you want
- Gifts from the followers
- Collaboration with brands
Cons
- Results take time to appear
- High rate of competition
Data Analysis
Data analysis is a crucial part of an enterprise, whether the business is leading globally or nationally. Data analysts, with their data-driven techniques, help enterprises to make decisions.
To become a data analyst, you can take an online course. Many online courses are free of cost or can be done with a minimal fee. Some of these courses can be found on udemy, skillshare, simplilearn and pluralsight to name a few.
Before trying this business idea, you must have strategic digital marketing knowledge and should be familiar with the Google Analytics tool.
Before collaborating with enterprises, start selling your services on freelancing platforms like Fiverr and Upwork. After gaining enough experience, build your portfolio on a website and a blogging page.
Key Features
- Data mining and researching are the most important aspects of being a data analyst
- Skilled in using statistical analysis software such as SAS, SPSS, etc.
- Should be proficient in SQL (structured query language)
Pros
- Data analysts can work in any field
- High income
- Global Recognition
- Know-how with Google tools
- They are in high demand
Cons
- High pressure and strict deadlines
- Dependency on coworkers
Personal Fitness Trainer
Everyone is seeking a well-built, healthy body. Be a personal fitness trainer if you know some tricks and tips. This online business idea doesn’t demand any certificate or investment other than a gym membership.
Start with Instagram and Facebook to promote your business account. Seek help from SEO businesses to rank higher and find potential clients.
You can also create a website/blog and talk about the industry, workout plans, proper diet, training ect.. Set your rates at the lowest to grab clients. Ask your clients to share their weight loss success stories and tag you in the post. It will help you get noticed.
You can also take part in courses to earn certificates. Try to offer mental awareness along with a physical fitness program. It will help them grow and nourish from inside.
Key Features
- Once you get noticed, local influencers may also be collaborating with you.
- You earn passive income by creating a fitness blog with affiliate marketing.
- Clients make long-term relationships and give referrals.
Pros
- You stay physically fit
- Changing others’ lives gives internal satisfaction
- Demanding income
- Zero investment online business idea
- Can also become a fitness expert and influencer
Cons
- Odd working hours
- Some clients could be difficult to deal with
Stock Photographer
From bloggers to content creators, each uses stock images to make their content stand out. Be a stock photographer if you know how to take photos and have a professional camera.
This business idea doesn’t demand any degree or investment. Another best part is you don’t have to deal directly with clients. You can sell your photos on websites like Pexels, Pixbay, and Shutterstock.
Take high-quality images and post them on stock image websites. Tag the photo with keywords to specify the category. Set your rates and upload. After approval, wait for clients to buy the images.
Every time your stock image is sold, you get paid directly. After earning much, create your website to stand out and sell photos without paying commission fees.
Key Features
- Uploading regularly and being consistent attracts clients and maintains reach.
- Keywording photos and describing help clients find their desired photographs.
- You work as an independent contractor and don’t have to worry about deadlines.
Pros
- No deadlines
- No work pressure from the employer
- No educational qualification is required
- No bargaining on rates
- Global work recognition
Cons
- It is time-consuming and draining
- High market competition
Freelance Content Marketing
Despite how quality content someone has posted, it won’t rank or reach the targeted audience without content marketing strategies. Do you know how to organize content? Be a freelance content marketer.
For this, you should be a professional in content marketing. If not, then take part in any online course to up your game. Start with marketing on Fiverr and Upwork to build up your portfolio of work and outreach of new clients.
You will be earning thousands of dollars per project. After building your portfolio as a freelance content marketer and gaining experience, collaborate with individuals, influencers and large companies.
Be dedicated and regular to make a 6-figure income with this best online business. Create a website and blog to share your success stories and build a larger client base.
Key Features
- You get paid thousands of dollars with every project.
- Flexible timing and work with clients you want.
- You gain experience with dynamic tools and strategies.
Pros
- Job timings flexible
- Complete autonomy
- High income
- Experience with tools
- Not much work pressure
Cons
- Income is not guaranteed
- No health insurance
Carpet Cleaning Business
Moving with the list of best online business ideas, the next one we have for you is the carpet cleaning business. It won’t be a lie to say a home is incomplete without a carpet and they need constant cleaning with kids and pets.
Carpets are bound to get dirty quickly with the increasing air pollution. It increases the demand for reliable carpet cleaners. Carpets should be cleaned at least twice a year to help them last longer and not break down.
Starting this business is a little bit more cash intensive with the lease of a van and purchase of cleaning equipment. With a small business investment and a bank loan, you can get started with your business.
Before offering your rates, do market research. Initially, offer the lowest possible rates. Start promoting your business from your neighborhood. To grow more within a short period of time, provide commercial cleaning services as well. Maybe consider investing in a pressure washer for both the rugs and to offer additional services to the exterior of the home, building and even roofs.
Spend time learning new techniques and promote your own online business on social media platforms. Once you start earning enough, hire more cleaners and launch your franchise. A single cleaner can earn $500 to $1,000 per day cleaning carpets.
Key Features
- The industry is extended; every home and office has carpets.
- You can earn pretty much as the rates are offered usually per square foot.
- You can be your boss. Per your mood and availability, you can set a time.
Pros
- plenty of work available
- The flexibility of time and work
- Quick time building
- Easy to earn with no skill required
- You are your boss
Cons
- Repetitive work
- Have to deal with impatient customers
- Not a passive income
Run a Daycare Center
Working women struggle to manage time for their kids and give them proper care and time. In short, you can say they are willing to pay higher for professional childcare. If you love kids, then be their superhero!
Before initiating this lucrative business, you must be dependable, honest, and caring, as no parent will leave the kids with someone irresponsible. Be specific about the age group. The most demanding age group is toddlers as I’m sure you know.
The investments include buying toys, a first aid kit, diapers, milk bottles, baby wipes, baby soap and shampoo, pillows and blankets, baby clothes, audiobooks, papers and colors, baby dolls, and play sets.
Before you ask where to find clients, try social media platforms. Promote your services online to grab potential clients. Even better to get a certificate in childcare to mark yourself out as a professional child care provider.
With time as you gain experience, you can expand your childcare business from your home to an actual commercial facility. Keep promoting your business with effective marketing strategies.
Key Features
- The demand is increasing with the increasing population.
- A single room is all enough to start the business.
- Long-term business with potential clients and small investments.
Pros
- High hourly rates
- Flexible timing
- It’s fun spending quality time with kids
- No technical skills required
- Long-term business
Pros
- Not a passive income
- Kids grooming items are costly
- Handling kids can be hectic
Become a Real Estate Broker
Buying properties is nerve-racking these days. The paperwork one has to follow is time consuming and frustrating. The real estate market is booming as people hire a broker to end the hassle they face.
As a real estate agent, your priority is to satisfy your clients. You will be dealing with first time buyer to real estate property dealers. Finding the dream property for your clients, bargaining on the rates, and dealing with the paperwork can be sometimes frustrating but also very lucrative.
No doubt, this business demands time, but the results will be worth it. The most challenging job in this business is to convince the clients to sell and buy the property so you can make more money. Then go out and find more clients to convince to work with you.
Another good thing about this business is no startup costs other than school and licensing. You can launch your business with little investment and start supporting your family financially within a short time.
It would be better if you get a certificate as a real estate broker. An educational degree related to the industry will be a cherry on the top. Real Estate agents can earn as little as they want to millions a year, I can personally attest to this as a broker myself, I have made a 6 figure income for as long as I can remember.
Key Features
- Being a real estate broker is challenging but financially rewarding.
- You will get on commission-basis on most of the contracts.
- Clients don’t have to deal with paperwork after hiring a real estate broker, so they are willing to pay per demand.
Pros
- Income within a short time
- Financially rewarding business
- You are your boss
- Commission-based income
- Flexible timing and per-demand income
Cons
- Nerve-racking to meet expectations
- Handling paperwork can be hectic
- You have to hustle to find the best property
Be a Wedding Planner
The time is no longer here when couples used to agree on what their parents decided for them. Nowadays, what everyone demands are a destination wedding, which is impossible to have without proper planning.
Besides being an event that creates memories and connects hearts, a wedding is more of a business. Before jumping into this business, you must have good connections with florists, photographers, caterers, DJs, travel agents, and performers. If not, use the online community and start building those invaluable relationships as soon as possible.
This online earning business is more time-consuming than other businesses. Make a professional account on social media and start promoting your online presence. Seek help from an SEO website consultant to rank better and quicker.
Do a wedding planning course to take your skill-set and business to the next level. Set hourly rates to grow faster and higher. Put your clients as your priority and keep them satisfied.
Going into this business field will make you more creative and open to ways to make a 6-figure income online. Managing time is the key to success- which you will learn with time.
Key Features
- Being a wedding planner is exciting as you have to deal with diverse responsibilities that make you creative.
- Connecting with new people brings a unique experience.
- Due to the increasing demand, clients are paying higher.
Pros
- You are your boss
- You decide your rates
- The market is huge
- You spread happiness
- Responsibilities make you creative
Cons
- Matching a client’s style can be nerve-racking
- You will need to bargain for the lowest-possible rates
- You have to deal with dozens of tasks daily
Tour Guide
Are you living in a country which is the heart of tourists? Then show the beauty of your country to the tourists. For this full-time online business, you must be more social and love interacting with new people. You must know all the hot spots to visit and even the private special local spots to take your clients.
Even if you do a 9-5 job, you can still manage hours for this online business. Before starting this online business, be sure you have extensive knowledge about the country/city you are in and information on its rich history as well as any special plant or wildlife in your area.
Start with social media platforms to launch your online presence as a tour guide. Offer something extra to grab more potential clients and boost up your business. As the tourists are new to the place, you can offer them fantastic street food and arrange vehicles.
With time, polish your communication skills, which is the key to building relationships. The best part about this business is you don’t need any particular educational background, just a warm smile and pleasant appearance to meet with your new clients.
When offering extra to the clients, they give tips to the tour guide. Once your business is well-established, you can launch your travel agency.
Key Features
- Through this business, you can fulfill your dream of traveling and exploring new areas.
- This way you can make friends all over the globe which will increase your experience.
- Every day you will be exploring new cities without spending your money.
Pros
- You meet with different people
- You can manage hours beside your job
- You explore new cultures and learn languages
- The pay rate is pretty high
Cons
- Common short-term contracts
- You will work even on a weekend
- Hectic to manage if you have kids
Sell Custom Printed Products
Scrolling through social media, did you check out how the online community is going crazy for customized printed products? Are people posting snaps in custom printed T-shirts of their idols? You have to try this business out!
This online business idea will not demand a high investment, as you can set up print on demand accounts for just about every product. Instead of being specific, sell various printed products like bags, T-shirts, mugs, stickers, mobile covers, and hats. You can create your own unique brand with creative ideas and designs and then apply them to your products.
Start with creating an account on Instagram and Facebook. Use SEO tactics to grow your online store and gain followers. Use companies like printful, teelaunch, sellfy and cafe press to name just a few.
Once you gain followers, promote your online store on the eCommerce platform. By doing this, you can lead your way towards a 6-figure income. When your online store starts growing, you can hire a helper eventually.
Do research before creating your eCommerce store on an eCommerce site. If you are new to eCommerce, go with Shopify, as it is simple and profitable. You can also upload all of your products to Merch on demand by Amazon and expand your market even further. There is no cost for this service, you will receive payment when someone orders your product and Amazon takes care of everything else.
Key Features
- Custom product printing online stores gain instant recognition due to the high demand.
- Once you satisfy a customer with the quality, he becomes your permanent one.
- With a one-time investment, you can earn higher with an online store than with a 9-5 day job.
Pros
- Instant brand recognition
- No skill required
- A passive income idea
- Low-cost rate
- Fun and easy job
Cons
- Have to deliver 24/7 customer support
- Have to meet customers’ expectations
Can I Start a Business With No Money?
Living in 2022, we all are finding ways to support our families financially and live a comfortable and lavish lifestyle. Covid-19 has taught us the value of working from home, wherever you want your home to be.
We don’t have to hustle much for an active income. The real struggle is to make a 6-figure passive income. Long story, short answer, you can start a business with little to no money from home online.
First, try to be specific about your skills. Do you love writing stories? Enjoy traveling? Or love spending time with kids? Do what you love the most. Besides sticking to one income stream, participate in multiple income streams to live a lavish lifestyle.
If you don’t have any specific skills or interests, then the following are the no-investment passive income ideas you can try;
- Blogging
- Travel guide
- Run a day care center
- Real estate broker
- Wedding planner
- Virtual Assistant
- Run an eCommerce store
- Start business coaching
- Sell online products
- Selling online courses
All are demanding businesses to start in 2022 with no investment. However, seek guidance from virtual assistants if you want to gain experience before establishing your business. Amazon virtual assistants are demanding these days and earn a 6-figure income by working online.
Understand the value of satisfying customers
Whether a physical business or online, success comes when considering customer satisfaction your priority. Handling customers in physical stores is more complicated than online.
In virtual business, you have the crucial benefit that every argument will be online. Offer 24/7 customer support to keep the customer entertained. Similarly, for freelancers, virtual assistants, or small business owners, 24/7 availability is the key to leading the way towards a 6-figure online passive income.
Understand Your Targeted Market
Market research is a must before launching your business or offering services- whether you are establishing a business as a real estate broker or a wedding planner, research to figure out what your competitors are offering.
Try to do something unique to stand out in your marketplace. Making money in a competitive industry has never been an easy task. For this, you have to be dedicated, hardworking, and intelligent.
Conclusion
No business does well without a business plan. The primary Key to attaining desired revenue from these business models is consistency and a business plan. These best online businesses to make 6-digit income from home truly have the potential to generate such returns. Let us know which one of these online business ideas has your interest. Check out our other blogs on learning new careers online.
FAQs
What is the highest-paying online business?
Here is the list of highest paying online businesses in 2022;
- Blogging: Bloggers make $40,000-$100,000 yearly simply by writing content.
- Affiliate Marketing: You can join the online community as an affiliate marketer and earn with zero investment.
- Selling Own Products: You can sell online products on eCommerce platforms to make a good living.
Can online business make me rich?
Wealth never comes overnight. To make more money, you have to work harder. One thing with online business is guaranteed- you will get out of it what you put in to it.
What businesses can I start with no money?
You will get several business opportunities if you are dedicated to making a change. You can sell products, start a tutoring business, sell domains in online auctions, or be an affiliate marketer.
How to earn money fast at home?
Start an online business to make money fast at home. Besides that, be productive rather than busy. Initially, you can sell your services as a freelancer. Once you gain experience, start an online business and sell online.
What are the best startup ideas?
Here are the best startup ideas to try this year;
- Start a dropshipping business
- Start a podcast
- Sell online products
- Start an online business
- Be a Freelancer
- Start a Blog
Aaron is an educational specialist focusing on jobs that can be performed outside of the standard office and anywhere in the world. Aaron has worked in the Real Estate industry most of his adult life in both commercial and residential. Financial Nomads was created to bring forward the best online educational courses and software reviews to help people live better lives. https://financialnomads.com
