Are you an entrepreneur in a serious search for an ”easy to start online business idea in 2021”?
Especially those easy online business ideas that will provide entrepreneurs that required means of escape from low or no cash syndrome.
If so, then, this article will offer you a lot of good online business ideas, so you can choose the best that fits into your capabilities and that will help you start your own business.
This invariably provides a list of ”online business ideas for beginners”, and as well as experts.
However, this post offers 10 easy to start online business ideas for aspiring entrepreneurs to help you gain extra income online.
We have carefully selected these ideas which are discussed here out of critical analysis for workability and profitability.
Also, this post will help you know and understand the online business of your interest and as well offer a detailed highlight on how to begin and excel in online business as an aspiring entrepreneur in this 2021.
While you are expectant of the list of online business ideas for aspiring entrepreneurs, you can as well check out the benefits of owning your own business.
I believe the article will hasten you up to make the right choice.
Also, after knowing the benefits of owning your own business, I believe you will decide to start up one from the list below.
Then this 10+ Easy Steps to Starting Your Own Business Fast will guide you in starting up your own business fast in 2021.
You can briefly run through the table of content below to see the amazing topics treated here.
Who is an Entrepreneur?
An Entrepreneur is someone who starts their own business, especially when this involves seeing a new opportunity.
In fact, Entrepreneurs are idea seekers.
While Aspiring entrepreneurs are idea seekers who are most committed to fishing out the real and workable business ideas that will not only fetch extra income but may grow to a full-time business.
In this 21st century, digital marketing is seriously rising and equally offers numerous means of making extra income. Many business ideas are rolling and floating both on the mass media and on social media, but the most prevalent problem is that most of them end up not profitable.
However, this post offers 10 easy to start online business ideas for aspiring entrepreneurs to help you acquire extra income online.
These ideas which are discussed here have been carefully selected out of critical analysis for workability and profitability.
List of 10 Online Business Ideas for Aspiring Entrepreneurs
There are several online businesses prevalent on the internet but not all actually tend to yield a profit at the end.
However, here, we will only highlight those ideas that will not only generate cash for you but also will help you establish a steady online business.
Hence, here is a list of 10 Easy to Start Online Business Ideas for Aspiring Entrepreneurs in 2021.
1. Online Business Consultant
In a nutshell, the Dictionary defines a consultant as “an expert in a particular field who works as an advisor either to a company or to another individual.
A business consultant is a professional who provides professional or expert advice in a particular area such as security (electronic or physical), management, accountancy, law, human resources, marketing (and public relations), finance, engineering, science or any of many other specialized fields.
However, consultants and their professionalism are of two types; internal and external consultants. In this case of online business, the type of consultant that is will be put to use is the external consultant.
Hence, the consultant is employed externally (either by a firm or some other agency) to provide his expertise on a temporary basis, for a fee.
The online business consultant usually is the bedrock for most individuals who are starting a new firm or business. And eagerly seeks someone with the professional know-how to expatiate the requirements and rudiments of the new firm or business.
The benefit of this online job is that the consultant is not lockdown under the employment of one company or firm. But can rather have multiple firms or agency which he can provide the same professional input for the success of the firm.
Becoming an Online Business Manager is another aspect you should consider.
This is one easy to start an online business idea you can begin now!
WHY CONSULTANTS ARE IMPORTANT
Scientifically, it has been proven that businesses or firms established without the services of a consultant tend to consume more income, resources, and energy than that with the services of a consultant.
The role of a business consultant cannot be overemphasized and every successful firm or business has either an internal or external consultant that they pay to for their professional guidance.
A good consultant should be knowledgeable about the subject he or she is consulting in and also make a difference in that subject among the rest.
Thus, if you are knowledgeable in a particular field or discipline such as management, accountancy, law, and many other specialized fields, you can begin consultant services online and get paid by the firms or individuals that seek your service.
How to Establish a Lucrative Online Consultancy Agency
It is good here to begin by saying that online consultancy agencies or firms don’t require special credentials, a large building with a fancy office, a posh suit, or a professional consulting business plan.
All it requires is a cell phone and a laptop. However, as an expert in a field, the first requirement is to identify your field or area of expertise.
Furthermore, an aspiring entrepreneur who wishes to make online money should follow the steps;
A. Create a value that is attractive and compelling
People and firms are ready to pay for consulting services either because they have been unsuccessful in getting there on their own. In order to get there faster with no obstruction, or they want guidance from someone who has been there.
Any of these reasons makes them searching for a consultant. But in a situation when you have already prepared a laid down value that is attractive and compelling, you will be consulted for your services.
B. Have a target audience
Every business has a particular audience it is trying to reach. It is always wise for an entrepreneur to first identify the right people who need this value that he creates.
This target audience should at the long run be the individuals or firms that wholly depend on whatever value you have to offer.
Hence, an attractive value made by a consultant for the banking sector will definitely not work in the medical sector.
C. Create an advert format
This step is very much necessary since the media for profitability is not based on a one-on-one basis but on the internet.
Therefore, it is necessary to create an advert means of showcasing the value you created to the target audience. This advert should at least hit the major and popular social network or better still, send the advert content to the email of the firm.
This is to let people and firms to be aware of your services and the extent of your capabilities in providing professional guidance towards the establishment or growth of the firm.
2. Social Media Consultant
Social media consulting is the act of reaching and engaging customers on behalf of an individual or firm through the help of social media platforms and channels.
Also, a social media consultant is the eye and voice of a company who wish to have or maintain their online presence. That means that a social media consultant is someone that can raise brand awareness, deliver traffic and boost the companies’ presence online.
This, in turn, helps the company or individual to concentrate wholly on maintaining or growing the reputation of the firm.
Criteria and Procedures for Becoming a Social Media Consultant
There are several factors an aspiring entrepreneur who wishes to be a social media consultant should consider.
Your social media campaign power:
Even a kid can post something online these days but not all internet experts have the campaign power on the internet.
A social media consultant must be conversant with social media platforms and the necessary campaigns of social media. Which include video, blogs, forums, ads, referral systems, etc.
These online campaign elements are the very power of social media consultants.
Acquire the rest of the necessary skills:
To be a social media consultant and effectively satisfy your customers’ desires, it is important to understand the clients’ business and target audience. Alongside their creative ability to increase engagement and increase sales, they should also understand the client’s brand and the prowess to effectively maintain or increase the brands’ voice.
In addition, it is important to understand the competitive market and the social media platform that will best make the clients brand number one online. And finally, the ability to measure the metrics of success achieved thus far.
Advertise yourself for the target clients:
The next step for an aspiring entrepreneur who wishes to make money online via social media consulting is to advertise you to the particular clients who are in this field of expertise.
This can be done locally by placing an Ad template in sites who promote freelancing such as Upwork, Fiverr, Craiglist, and freelancer. These local means is basically to expose your professionalism to the seekers of such service.
The moment your Ad start to generate traffic then you start earning from the clients who are convinced that you can help their firm.
3. Web Designing or Web Development
Web design is the process of creating web pages that attracts the attention of website visitors who wish to either seek specific information about a product, organization or pay for services of an expert.
Websites generally consist of webpage layout, content production, and graphic design.
Hence, web design and web development are used interchangeably.
This business idea seems to be highly lucrative since the internet is all about web pages. Thus, an individual who is good at creating websites is likely to join the forum of web developers and in turn, add value to the internet.
How to Begin as a Web Designer?
Knowledge of website developing:
In order to create a web design firm, the individual must first be conversant with the rudiments and languages of the website. That is to say, he or she must have been conversant with a markup language called HTML.
Also, the individual must know how to build web pages using HTML tags/codes that define the content and metadata of each page. Equally, a good knowledge of CSS or JAVA is necessary for building websites.
In addition, an individual who is not conversant with the coding system of HTM can as well depend on software such as Adobe Dreamweaver with a visual interface for designing the webpage layout without codes.
A web designer or developer does not only need the knowledge of HTML code language but he or she must be able to manage the website created from crashing.
In this regard, he or she can be said to be ready for the web designing business. Other steps needed in establishing a lucrative web designing firm includes;
Build your own website for your own brand:
On this note, a web developer needs to showcase to the seekers of his services by creating a meeting point (landing page) for the visitors.
At this landing page, visitors tend to meet with the developer to get the necessary information that proves he can actually make and manage a website.
It is also wise to upload one or more sample websites which he has done as a means to convince the seekers of his service.
Promote your website/services:
One thing is to be good at website development, being able to create one but it is another thing to promote such services in other to reach a number of people.
Hence, after the creation of the website for engaging clients, it is necessary it is promoted otherwise, no one will see it.
Therefore, to promote the firm, the developer needs to advertise in social media, forums, etc so as to attract seekers of his type of service.
It is a personal online diary or journal that gives the opportunity to share thoughts, ideas, recent updates/news or entertaining elements. Like video, games, pictures, music. It gives room and allows visitors to comment for reference purposes.
Blogging first began as a means to have an online personal weblog, where a person could journal about their day. However, many people are confused over blogging or website.
A website is designed and coded to provide constant information or services and not prone to changes except when necessary. But Blogging has two major features that differentiate it from a website which are the intentional platform it imbibes in allowing readers engagement and also give room for frequent updates.
Blogging as a business is important for any aspiring entrepreneur who wants to make money online. It is the best way to express oneself to the public reach and as well share information with others via the internet.
Finally, Blogging gives money when it has attracted recognizable traffic.
How to Start a Lucrative Blog
Blogging requires some tactical and technical steps so as to carve the required niche among the numerous blogs on the internet. Hence, to begin is to first of all:
Choose a topic that moves your interest:
There are several topics, issues, and ideas that one can blog about. But an aspiring entrepreneur who strives for success should choose a topic he is conversant with.
Only with this can he effectively provide the content of the blog. Also, while doing that, try to go for an attractive and compelling topic or idea that will attract people’s interest too.
Create your own blog:
It is more advisable to create your own blog than using templates provided by blogging sites. But in the absence of this provision, one can simply use the provided templates of blogging sites as a beginner.
Beginners can choose the available free blog platforms such as wordpress.com, blogger, or Tumblr. The only disadvantage to being found in this decision is that your site will be subjected to their rules and restrictions.
Also, the site will not wholly bear your domain name or that of your business but will contain the name of the hosting site attached to it. However, it’s a good start for a beginner.
Self-hosted platforms allow you to make use of your own domain name and offer you the upper hand to be in charge of your bog and its contents.
Monetize your blog:
Entrepreneurs are determined to create something new out of nothing but one major purpose of taking the risk of investment is to make a gain. Therefore, the general purpose of a new venture is to make money.
For bloggers who wish to make money from their blog should take the final step of monetizing the blog. Sites are monetized when they place to add on their site. Ads can be placed using CPC/PPC Ads which can be called pay per click or CPM Ads which is also called cost per 1,000 impressions.
However, these Ads generate cash to the sites depending on how the Advert attracts clicks or people to the site.
5. Virtual Assistant (V.A) Services
Just in case you are asking what is virtual assistant services, here we will give you a little highlight of what it means.
Virtual assistance is an independent contractor whose job is to provide administrative services to firms or clients.
Basically, virtual assistants are usually employed as offsite personnel.
Also, virtual assistants handle a lot of tasks for clients/firms ranging from clerical and bookkeeping, social media content management, handling of travel arrangements, appointment scheduling, data entry, and online file storage.
We will state a very easy way to start up your virtual assistant job.
How to Start and Package a Virtual Assistant Services
Choose your business structure:
When most people think of the typical VA services the things that come to mind are checking email, returning phone calls and managing their client’s calendar.
Decide which services you’ll offer your clients:
When most people think of the typical VA services the things that come to mind are checking email, returning phone calls and managing their client’s calendar.
A virtual assistant involves much more than that. A virtual assistant equally handles the administrative aspect of a firm.
Hence, if you decide and elaborate on your services and as well make the clients understand the level of services you can offer, it will help to boost the client relationship. Which in turn produce a profitable relationship for your virtual assistant business.
Launch your website and create your online presence:
After defining your expertise, the next best step is to create a website that portrays your services, and that will offer you an effective online presence.
Start pitching and networking:
After launching the website, the next thing to do is to extensively advertise the site so as to create a good online presence.
Place the advert on Forums, blogs, sites of your target audience. The level of networking you pitch determines the level of clients your site attracts.
6. Affiliate Marketing
Affiliate marketing is an online business model where you are paid a commission for promoting other peoples’ products and services.
An affiliate marketer is an online salesperson who promotes products in exchange for a commission.
In affiliate marketing, you are an affiliate if you promote peoples’ products to earn a commission.
You are a merchant if you have a product affiliate can promote to earn a commission.
The people who buy the products are customers.
To better understand affiliate marketing, think of real estate agents. Their job is to promote/market other people’s estates and property, and for every sale, they get a commission. The commission varies with each property and the more sales they make, the more commission they get.
Required Steps for Creating an Affiliate Business
Sell what you know:
To start, you should stick to selling products or services that you’re familiar with. Online marketers call this process “picking your niche.”
Also, you should aim at selecting a niche that represents your current interests or your occupation. You’ll do a much better job with your individual marketing efforts if you stick to selling what you know.
Start a website relevant to your niche:
Before becoming an affiliate, many companies will want to know the URL of the website that you’ll use to sell their products. They do this because they want to ensure that the content on the website won’t hurt the company’s reputation.
It’s easy to start a website these days thanks to sites like WordPress.com.
Be sure to add content to your website that isn’t “salesy.” You want your site to come across as an authority in your niche.
Join an affiliate program:
It’s almost always free of charge to join an affiliate program. In fact, if you’re being asked for a credit card number just to become an affiliate, you might be getting scammed.
Most reputable companies that offer affiliate programs allow people to become affiliates free of charge.
You will, however, be asked for bank account or PayPal information. Keep in mind, that’s not so that the company can take money away from you, but so that it can pay you the commission you earned with successful sales.
You will be asked for the URL of your website in some cases. Just provide the URL of the website that you created above.
Marketing Products on Your Website:
Add affiliate links to your content. One great way to get paid a commission without appearing to sell anything is to add affiliate links within your content.
That way, when people click on the link, they’re taken to the company site and, if they buy, you’ll earn a commission.
Include visual ads in your sidebar:
Your website, like most websites, probably has a sidebar. That’s a great place to include visual ads for products relevant to your niche.
Once again, you’ll find that companies with affiliate programs make it very easy for you to obtain the images and links you need to get your visitors back to their sites. It’s almost always just as easy as copying and pasting code into your sidebar.
Continue producing content relevant to your niche to keep selling:
You want to keep people coming back to your website, don’t you? If so, then you need to keep on producing original content that’s of value to your visitors. That’s called “content marketing” by digital marketers.
Good content keeps visitors coming back. That means that they might eventually click on your affiliate links and purchase something.
You can also use your content to include affiliate links as mentioned above. The more content you produce, the more affiliate links you have. The law of averages eventually kicks in and you’ll start selling.
7. APP Developing
App developing is another good online business idea that is not only lucrative but full of promising future. The modern world runs on apps.
Basically every smart gadget around us is built on an induced computerized configuration that forms its language of command and response.
Hence, app development can be simply explained as an act of creating software that functions to follow a certain code of commands which can be installed on a mobile phone.
However, from the past years to this time of gadgets and mobile apps, many apps have been developed but only a few sustained. But at the same time statistics prove that only 25% of developers earn over $5,000 per month.
Once you go through your phone, you will see a list of apps. Some get to be used always because of the level of importance in your daily needs and the rest are not frequently used because the vacuums they fill are not quite needful.
One common thing in all these apps is that someone is making money off of it. If you’re able to start your own app that others want to use, you can get in on the money that’s coming from apps.
You don’t have to launch the next Angry Birds or Reddit. Try to think of an app that you’ve always wanted on your phone but never been able to find it. From its usefulness, you will have to judge by yourself if it will trend or not.
Required Steps to Start an APP Business
Do You have an Idea that will attract traffic to your App:
As said before, the first step towards having a lucrative app for generating cash online is to first choose an idea that will attract people’s attention while wit their mobile phone.
Let the idea of the app be so important to important human daily activities, only then will your app have that recognition for generating cash online.
Do market research:
Now that you have a good idea for your app, it is important you conduct market research. The need for market research is to find out apps with similar ideas.
This will help you understand their contents and improve yours to be better and more attractive.
Make a business plan for investors:
In the absence of self capital, it is necessary you prepare a businessmen’s plan. This is a plan that will convince an investor in investing in the development of your app.
The business plan must be prepared in an attractive manner stating the risks involved as well as the profit afterward.
Source for investors or reliable partner:
As soon as the business plan is ready, then its time to source for investors or reliable partner.
You will have to find an individual who understand your idea and are ready to invest in the development of the app.
Find a developer or developers if tasking:
Basically, as you are not a developer, hence you will need developer’s to turn your idea to app. Also, this is where investment starts in your entrepreneurial endeavor.
Once you have the necessary capital to sponsor the development of the app, or ready investors/partner development is the next step.
Launch and advertise the app:
Once, the app is developed, the next step is to launch it online via popular sites for apps such as play store. Also, during the development and uploading make sure your app is monetized. With this, you are sure the app will generate cash as it attracts traffic.
After your apps are ready don’t forget about the advertisement. Now your business needs promotion. Start with social media. Get official pages on Facebоok, Instagram, Snapchat, Youtube or any other popular resources that suit your product and your auditory.
Constantly stay in touch with your subscribers and bring them the latest news about your apps. Create a website. Social media are not enough to access all your potential clients. So creating at least a simple website will give you an opportunity to expand your auditory. Besides apps must appear on other resources especially a website, blogs, etc.
8. Online Teaching Classes
Another lucrative online business idea is to teach online. Online tutoring is accessible directly via the virtual learning environment that is a link to reach the target audience or students.
The learner is required to pay for tutoring time before the delivery of service, whereas many educational institutions and major textbook publishers sponsor a certain amount of tutoring without a direct charge to the learner.
Tutoring can be for a group of learners simultaneously logged in and receiving instruction from a single tutor. Another promising thing in this online business idea is that the entrepreneur can make more money through the purchase of a book, access to a library, etc.
Guides for Starting Online Teaching Classes and Make Money
Identify the right course to teach on:
Some courses tend to attract more people to be involved in what you are doing. Hence, it is better to choose a course you are good at and also that can attract people to be involved.
When your classes are able to pull traffic, you can say can be sure of generating good profit from the outfit.
Identify who you want to reach with your lessons:
Now that you know, exactly, want you want to teach, it is wise you identify who are your target audience. Your target audience is the individuals that the very topic you are discussing concerns.
Prepare the contents of your classes:
When preparing the contents of your classes makes sure they are educative, entertaining, and target-oriented.
This is the only means to create something compelling and attractive.
Select and choose the platform to reach the target audience:
You can teach anything you want from anywhere in the world. Generally, there are several models or platforms to realize this same purpose
Use Sites to market your business or affiliate with firms already in the business:
Sites like skillshare.com, udemy.com, teachable.com, thinkific.com, etc can come in handy when it comes to marketing your business.
Also, another option is to create your own website. See detail below
Create your own site and advertise it:
If you have the income to create your own site where you teach online, it is much better and more profit-generating.
In this case, the client or students pay directly to you the teacher and not to some company like the examples above and then the company pays the teacher the required percentage.
You can also choose to advertise your site in relevant outlets so that the number of your students will grow. As long as you are using the latest online learning to make their experience engaging and they are able to share their screen with you and you with them. They can draw or write on the whiteboard, and you can both mark up anything, whether it’s a blank board, document, or image.
Additionally, you can watch videos together on the platform to further add dimension and explanation to lessons. The moment you have all these modern features imbedded in your business outfit then you have successfully built a lucrative online business that will fetch you cash.
Another platform to run teaching courses online is to make use of the simple but powerful platform provided by Google. Create a Google cloud account and link it to YouTube.
This platform will need teaching videos and they have to be interesting, educative, and entertaining. This channel must be properly advertised to pull traffic. This is because Google pays by the number of views and by the number of subscribers.
With live classes, students can do more than just watch a video and reply to email. In this case, they can get answers from you in real-time with stable, high-resolution video and audio conferencing features.
Additionally, you can brand the classroom so that it matches your company’s look and feel to be even more professional.
9. Invest in Peer-to-Peer Loans/Online Banking(e-money)
This particular online business idea requires good capital. Hence, it is capital intensive. Peer-to-peer loans are quite different from online banking. Though their similarity is wholly due to their dealings with money and using the online platform.
Online banking allows a user to conduct financial transactions via the internet. This can be called internet banking or web banking.
It is pertinent to pinpoint the idea exposed here. Especially on this online banking is a unique one and carefully examined information aimed at helping you who aspires to be an entrepreneur in 2021.
Hence, this is not the usual system of having a banking institution with its physical building as well as the strive to have an online presence.
I am talking about a system of having an online institution online. That is to say, there will be no physical building.
This idea may seem cumbersome to understand but I will prefer you think it through. Web banking is faster and secure. Funds can be transferred between accounts, accounts opened and closed online, and transactions are done online.
These banks may not provide the services of direct Automated teller machines but will make provisions for consumers to use ATMs. Either at other banks and retail shops or better still, make use of the modern QR code payment system to conduct transactions.
Requirements and Necessary Steps to Establish Web/e-Banking
Research and understand what web banking is:
First of all the best step is to have a niche over banking, its rudiments, and requirements. It is better you condone little research on what web banking is.
This will help you know more about what you are about to venture in.
Create a proposal of the agreement for a financial institution:
During the research, you will come in contact with some independent financial instructions that you must enter into an agreement with. Such as ATMs companies, brokerage firms, insurance companies, mortgage companies, etc.
Hence, it is necessary to have or create a proposal of an agreement for such a financial institution. Just in case you have not started creating one, then you don’t have to hesitate Start now!
Create and launch the banking platform:
The next step is to create the banking platform and launch it afterward. This banking platform is a website and an app to control the affairs of the banking transactions.
Also, the platform will have to reliable, secure, faster in response and easier to operate.
Advertise the platform:
Indeed, the amount of publicity determines the extent of affluence, the banking business will have. Therefore, the banking business should make use of all the advertising formats and platforms to advertise the venture.
The P2P lending model directly matches lenders with borrowers, and usually at very competitive interest rates. So, even if you have lousy credit, there’s still a good chance you might qualify for a P2P loan instead. There can be more risk for the lender in a peer-to-peer loan, but the dividends are worth it.
Peer-to-Peer loans are really just a form of crowdfunding. But the difference is that P2P lenders “invest” in borrowers, instead of investing in business start-ups.
10. Online Graphics Services
Online graphics business generally deals with everything about pictures and presentations.
In other to excel in this modern means of making cash, you need to pay attention to the following steps.
Guides for Starting Online Graphics Services
Check Your Toolkit:
The very first thing that any aspiring graphic designer should do is to make sure they’re using the proper programs. Outdated software will only complicate the process and set you miles behind the competition.
In addition to having the newest and greatest design software, you really do need to know how to use it. So really plunge into those how-to forums, and learn all of the fancy keyboard shortcuts that will make your entire process more streamlined. But if you are already familiar with graphics then you have a higher edge.
Take some time to figure out exactly what programs your specific niche requires. Going for high-profile clientele and providing a wide range of services? Then you are probably going to want more robust design programs.
If you are aiming to provide high-quality image content but on a bit smaller of a scale, using online tools such as DesignBold can get you exactly what you need – but at a fraction of the cost.
Also, don’t forget the basic stuff, like a capable computer and a sketchpad!
Join The Community:
It really has never been so easy to freelance as it is now, thanks to the trusty world wide web! You can take your pick which freelancing platforms you’d like to join, with many of them being completely free to sign up to.
And don’t feel like you need to stay loyal to just one freelancing site. To be successful, you want to be able to reach as many potential clients as possible!
Make sure you put some effort into each profile, as they really will be your selling feature for any services you wish to provide. It’s always a good idea to include lots of items in your portfolio to show off your personal style and capabilities.
Build Your Portfolio:
As we just mentioned, it is key for new freelancers to come to the table with a vast portfolio showcasing their work. In fact, you can create a whole slew of images for all sorts of varying needs in a matter of moments.
Create your own Website:
You’re going to want a page of your very own to direct clientele both on and off of the freelancing sites too.
The best thing about building your own site is that it really lets you show off your ability to create a unified aesthetic. When developing your website, focus on who you are appealing to in terms of style.
It’s also very important to resist the urge to go overboard when it comes to the graphics on your own page. A simple scheme is going to highlight your portfolio in a better way than an overly busy palette.
Above all, you need to leave room for your work to shine over your actual website.
These online business ideas above are top notch and evergreen. The truth remains that years to come it will keep yielding profits for you.
So in a nutshell, I can say you can do a lot with an online business.