Accepted payments -

20 Best Online Business Ideas You Can Start and Earn 6 Figure Revenue

Admin
2 months ago
Share post
feature image

As an online entrepreneur, one of the best things you can do is find the perfect niche to generate at-home income. In a highly competitive field such as entrepreneurship, finding the perfect way to start or join an existing business can be challenging to earn six figures. Fortunately, there are multiple ideas to consider, not to mention the benefits of each.

This guide is for those who dream of opening their own online businesses to experience the benefits of online money-making. It’s time to find the best online business ideas that meet your interests and can also change your monthly income for the better.

20 Best Online Business Ideas You Can Start and Earn 6 Figure Revenue

Undoubtedly, everyone can find an online business idea that suits their interests and skill set. Whether you start a reselling business or offer a service as a consultant, the options are vast. Also, online money makers have never been as prevalent as today.

Let’s jump into a list of the best ways to begin making money online and put your entrepreneur mindset to good use.

1. SEO Consulting

seo consulting

If you’ve spent a lot of time working with the internet and learning about search engine optimization, it’s a phenomenal business idea you can start with. Establishing skills in getting business websites ranked highly on Google has never been more desirable than today. Even some of the largest companies in the world are searching for these professionals.

As an SEO consultant, your job would be to take a company’s existing website or make a new one and optimize it for search engines. You’ll use metadata tags, regular blog updates, and keywords to make the site more attractive to search engine crawlers. The next step is to monitor the site’s success, ensuring it makes it closer to the top of the list than your competitors.

Many businesses don’t realize that SEO is one of the most important parts of owning a website. The closer you are to the top three spots on search engine result pages (SERPs) can make a considerable difference in leads and generating sales. As an SEO consultant, it’s your job to ensure the companies you help benefit from higher rankings.

2. Social Media Marketing

If you’re sharp, witty, and good at writing short-form content, social media marketing is a phenomenal avenue to step into. It’s also one of the most in-demand careers you can use to make money online. Social media marketing combines SEO practices while maintaining a brand’s tone and vision in its promotional materials.

The central focus of your job will be to attract more eyes to your clients’ social pages. You’ll also work to get more followers, creating a loyal base of customers on each platform. After consulting with companies to determine their vision, you’ll begin posting using specific hashtags and pushing content to their audiences. As expected, your hirer will often expect you to present measurable metrics that indicate the success of your campaigns. This is how they assess the job done.

As a social media marketer, you’re not only responsible for making initial posts but for continually updating the company’s pages. You’ll likely need to develop content calendars, ensuring content is posted regularly per platform at the peak times for each demographic. You might also be responsible for wearing a customer service hat answering follower questions.

Of course, to be a social media marketer, you will need plenty of experience with different platforms. For example, you’ll not only need to be a master at Twitter and Instagram, but LinkedIn, YouTube, TikTok, and other trending platforms as well. The more well-rounded you are with social media, the more likely you’ll be to find the perfect positions.

3. Freelance Writing

Those who have a knack for writing well creatively and technically can fare quite well as freelance writers. In fact, this online position is one of the most popularly searched when people want to learn how to make money online. Freelance writing can be an exceptional opportunity that is also a part of SEO writing, helping you establish a brand’s identity voice and spread awareness.

You must find an online position that can help you generate a minimum of six figures. As a freelance writer, you’ll need to spend a lot of time developing your skills and resume to get a good income. The more experience you have, the more likely you’ll gather enough clients to earn a liveable wage.

Freelance writers have a unique job because it’s not just about writing content. You’ll need to know how to write optimized content, helping company’s sites get ranked higher on search engines. There are also plenty of different types of copy you’ll be creating, including blog posts, captions, marketing emails, and more.

It’s also essential that the quality of your writing matches your years of experience. Since you’ll be talking to a general audience, you must be clear with your words and easy to understand. Each piece you write will need to adapt to a specific demographic, ensuring it conveys a message using language the audience will understand.

Overall, once you’ve amassed a list of reliable clients, you’ll begin generating income comfortably at home. The more motivated you are, the more money you’ll make, helping to boost your monthly income considerably.

4. Freelance Website Design

Another incredibly popular online money makers is freelance website design. If you’re someone who has an eye for aesthetics and understands site design, it can be very profitable. This point is particularly true if you’ve gone to school and received a degree in graphic design or website design.

With tools like Photoshop and Illustrator paired with blogging platforms and CSS experience, making a website can be simple. It’s also an area of expertise that every business in the world is currently looking for. Even if a company already has a site, they will always need updates to keep their pages new and fresh for their customers.

As a freelance website designer, your primary job is to design and provide easily navigable sites to your clients. Not only will they need to be attractive and modern, but they must also be user-friendly and convey the brand’s image perfectly. You’ll typically work alongside your client to ensure the website matches their vision before taking it live.

Another unique aspect of owning freelance website design businesses is collaborating with others. Before publishing a website, you’ll likely work with other graphic designers and content creators to add written and visual content to a site. It’s also possible you’ll be responsible for creating unique additions, such as online stores, FAQ forums, and more.

Considering designing a site can take weeks, if not months, of work, it’s a highly profitable option. As a freelancer, you simply bill your client for the number of hours you put into the job. Alternatively, you can charge an all-inclusive package price for each gig.

5. Editing

editing your own writing

If you’re someone with writing experience but have always preferred to edit copy, an editing position is ideal for working from home. It’s also one of the more versatile options, as it comes in an assortment of shapes and sizes. You could find yourself editing full-length novels or 500-word copy materials for a website.

Editing is an avenue for online money making that isn’t for the faint of heart. You’ll typically be the last step before content is published, meaning there’s plenty of pressure in the position. Not only do you have to check the writing for grammar and syntax errors, but you also ensure it’s formatted properly.

Additionally, editors need to adhere to the standards of their clients, ensuring the written projects depict the right tone and voice. Otherwise, you could be responsible for rewriting specific sections or sending projects back to writers for them to be revised. It’s a very hands-on position that requires plenty of attention to detail, ensuring written materials meet a specific standard.

Another massive part of editing businesses is reading. If you’re not the type of person to spend hours reading thousands of words in front of the computer, this avenue isn’t for you.

6. eBook Writing

Writing is a diverse career that opens many opportunities for creative-minded individuals. If you love the idea of freelance writing but are looking for longer-term projects, eBook writing is a better alternative. It’s ideal for people who want to write but find that blog posts don’t fuel their passion or are too short for conveying messages.

eBooks are one of the most popular ways to publish written words, whether on Amazon, independent websites, or other self-publishing sites. You would be surprised at the sheer number of authors deciding to self-publish compared to working with a publisher to get their content out. However, you’ll help authors deliver their message clearly and concisely with this position.

As an eBook ghostwriter, you’ll take an author’s ideas and notes, turning them into a full-length publishable product. It can be an easy gig, especially for someone looking for online money makers to satiate their creativity. Above all else, you can find eBooks that need writing across various topics.

You could find yourself spending one to two weeks writing about fitness while writing about parenting at the end of the month. It’s a diverse field, and you can easily find prospective authors looking for specialists with your expertise and interests. Alternatively, being an eBook writer is something that you can do for yourself as an independent author.

Have you had an idea that you’ve wanted to get out to the general public? If so, there’s no better time than now to start writing. Generate your own eBook, focusing on a specific area of interest or a talent you’d like to share.

It’s essentially an easier way to start writing a book and can be very profitable if the information you provide is helpful to others. However, it’s important to note there are other aspects to being a successful eBook writer, including:

  • Developing a marketing plan for your book
  • Hiring a cover designer
  • Editing hundreds of pages of content

7. Translation Services

As someone who speaks two or more languages, translation services are a great way to learn how to make money online. These businesses are in high demand, especially as second languages are becoming more and more important in a multicultural society. Whether you speak a common second language such as French or Spanish or a much more unique one, your skills are needed.

Translation services apply to many potential ways of making money online. You might find yourself translating a book from English to Italian or transcribing doctor’s notes from Chinese to French. The more languages you’re fluent in, the more opportunities you’ll be able to find.

Learning a second language is ideal for translation careers, but it can also fuel other career options. For example, at-home customer service representatives are often paid more if they speak more than one language. It’s a highly hirable skill that will pad your resume and help you bring in more income than ever before.

8. Researching Opportunities

The importance of research cannot be understated, especially regarding marketing and advertising. If you’re someone who has always had a passion for taking a topic and learning everything about it, this business idea is sure to be ideal. As a researcher, you’ll be making money online by looking up different topics and generating reports.

Researchers often work for marketing agencies, helping companies determine specific metrics about their demographics. You might be responsible for figuring out what product your customers are missing or ways to change services to better consumers. It’s also common for researchers to analyze statistics or provide analytics to marketing teams to develop brand research.

Another considerable part of online money making as a researcher is generating reports. Your clients will often want your research delivered in an easy-to-read, quick-to-scan fashion. You’ll find yourself designing charts, writing short content blurbs, and transforming technical language into a digestible format.

There’s no doubt that it’s a fast-paced career that will surely put your mind to work. It’s also a fabulous opportunity that helps you work flexible hours. As long as you’re someone who can scour the internet to find what your clients need, you could be incredibly successful at this position.

9. App and Software Development

Freelance opportunities can be helpful for those learning how to make money at home but working for yourself is better. Instead of providing your design and coding knowledge to a company, why not make it work for your own benefit? Designing independent apps and software program is an incredibly profitable business and a fun, creative field to get started in.

Whether you’re designing the next smartphone app to track exercise or an add-on for website design to make it simpler for beginners, the options are endless. There are also multiple ways to monetize your work, helping you generate an exceptional amount of income. If your app or software becomes popular, it could put you on a fast track to making millions throughout your career.

One of the more notable advantages of app and software development is it helps you establish yourself as a brand. The higher the quality of your apps, the more likely you will be noticed by big development firms. You might be offered six-figure positions or selling your apps for a giant payout.

Take “Wordle,” a fun word game where you input letters to create a specific five-letter word. Initially, the developer made the app for his wife to enjoy, and it soared in popularity via social media and other channels. Eventually, the browser-based app was purchased by the New York Times, giving the original developer credibility paired with a payout.

10. Business Coaching

business coaching

Having an entrepreneurial mindset isn’t something that many people are born with. In fact, it’s a talent that is one of the most sought-after things in business. As a business coach, you’ll have a diverse avenue of work to help others learn how to make money online and in person.

Business coaching is a unique industry because it relies on analytical and people skills. You’ll be responsible for transforming businesses and acting as a personal coach for major CEOs and small business owners. Companies will be able to turn into profitable ideas rather than income-draining missed chances using your expertise.

It’s important to note that this industry is on the rise, especially with the negative impact of the pandemic. More business owners are looking for ways to future-proof their companies, ensuring they remain successful through all situations. You might find yourself advising about making money online with one client while teaching another how to manage their staff effectively.

One of the essential things to remember with this industry is that your name and brand identity is everything. Larger clients are more likely to hire people who have made a name for themselves and have a proven track record. Considering they’ll be relying on your words to transform their business, you need to be able to back up your successes.

You should also be prepared to offer face-to-face meetings, whether through VoIP programs or over coffee. It can also be beneficial to consider leasing your own space inviting clients into your office to discuss their future plans. However, to start, there’s nothing that says you can’t offer business coaching from the comfort of your home.

11. College Consulting

The concept of getting into your dream college or university is something high school students have been stressed about for years. This is especially true when working with families interested in attending Ivy League programs that are highly competitive. As a college consultant, you’ll be giving students a better chance of getting into their dream programs for various subjects.

College consultants are professionals who guide students and their families through the admissions process to top-tier schools. This could include preparing them for entrance exams, making them aware of admission requirements, and more. You’ll need to establish a network within the top schools across the country and stay up-to-date with any changes to the admissions process.

It comes with its fair share of work, as you will also need to take each student’s needs into account. For example, if you have a client interested in going to Harvard but their skills are more in line with Yale, you’ll need to advise appropriately. College consultants are also known to offer financial aid advice paired with helping students draft and prepare their college application essays.

To earn the most through this online money making plan, you’ll want to work with high-income earners. However, it can also be beneficial to help everyday students get into local colleges and universities. It can be a significant income generator as long as you have experience developing applications and resumes paired with people skills.

12. Fitness Trainer

Health and fitness is an industry that will only continue to get more popular over the years. Also, with the importance of the internet in our daily lives, it’s easy to combine the two. Online fitness training is a fabulous way to learn how to make money at home through healthier living.

With that said, this area of expertise isn’t something that anyone can do. Ideally, you’ll want to get an education behind you in kinesiology, physical education, or exercise science. It’s also essential that you go for a bachelor’s degree in these areas, setting you apart from the competition.

As a client looking for a fitness trainer, you’ll want a professional with the most experience. Your resume will need to be padded with plenty of know-how to get your first clients. It can also be beneficial to get some nutrition schooling behind you, assisting with meal plans on top of exercising.

Being an online fitness trainer can be a creative way to learn how to make money online. You can offer either one-on-one sessions or package sessions for clients to buy digital memberships. You can create an area to offer live sessions or pre-recorded workouts for clients to access on your own website.

However, if you’re looking for profitable online money makers, offering one-on-one services is your best bet. Some clients will be willing to spend thousands per month on a physical trainer to help them achieve their dream physique. You can help them meet milestones with your skills, so they live their healthiest and happiest life.

These businesses are also incredibly scalable and versatile. At first, you can begin training online and then go on to offer in-person training sessions. You’ll also have full control over your schedule and pricing, helping you create a highly profitable source of income.

13. eCommerce Store

Whenever you research how to make money online, one of the top recommendations is to open your own eCommerce store. As more and more people flock to the internet to buy products, why not take advantage of the influx of prospective customers? Opening an eCommerce store is also a versatile income stream, giving you the ability to run a business entirely from home.

There are two main ways people choose to use these businesses as online money makers. First, you can create your own products and sell them online. This idea is best for creative-minded people who are great with their hands.

For example, you could craft candles, restore antique furniture, or even create your own clothes to sell online. Dropshipping can be a great alternative if you’re less creative but still want to consider eCommerce. You’ll work directly with manufacturers to sell products at a higher retail price with dropshipping.

Dropshippers spend a lot of time researching popular items and finding high-quality manufacturers overseas. You’ll then place orders for products, upselling them at a higher price than you initially paid for them. Depending on how you begin dropshipping, it can turn into a very profitable business idea with limited overhead.

To get started with your eCommerce business, you can create your own store using a store builder, or you can buy an already made store. Alternatively, you can sell on social media sites like Facebook, Instagram, or Twitter. Instagram and Facebook, in particular, have built-in features that allow you to sell directly to customers. Most people buy Instagram followers to lift their profiles off the ground in the early days of business. You, too, can consider a similar tactic to get started.

14. Online Thrift Stores

The desire for vintage clothing has never been larger than it is today, making it a great online money making venture. If you have a keen eye for fashionable items that transcend the ages, this idea is sure to be a huge money maker. All you have to do is start amassing a collection of pre-loved garments and trinkets, then open your own website.

With that said, starting an online thrift store will take a lot of work to get up and running. Not only do you have to source high-quality items but also design a website where the items can be posted. Considering you’ll likely have an inventory of thousands of things, the infrastructure can be time-consuming and costly to develop.

Also, you’ll need to take high-quality photos of the garments so that when customers shop online, they know what they’re getting. Since thrifting is usually done in-person to ensure quality, your pictures will need to be professional. Once you have your website designed and published, you’ll also be responsible for packaging and shipping items worldwide.

With that said, once you have these businesses up and running, they’re easy to manage. Simply refresh your stock as items begin selling and establish a shipping schedule. Eventually, you could become so popular you’ll no longer have to go to the post office and instead have shippers come to you.

15. Affiliate Marketing

affiliate marketing

There’s no doubt this list contains a diverse list of ways you can start making money online as an internet marketer. Affiliate marketing is one of the most popular options, especially as it can generate plenty of income. The more popular your links are, the more you’ll earn every month.

Learning how to make money at home as an affiliate marketer is relatively straightforward. First, you’ll want to develop a website or blog in a specific niche. As you blog, you’ll recommend products to your readers that you think will be helpful.

As your readers click on your links and purchase the products, you earn a certain amount of money per purchase. The more popular your blog is, the more money you’ll be able to bring home. Also known as influencer marketing, this industry relies on you being able to influence others to buy specific items.

However, affiliate marketing is also an incredibly helpful online money making technique. Sure, you’ll make money with every purchase, but you’ll also be helping your readers. The more you believe in the products you’re recommending, the more it will help others.

Note that it is possible to run an affiliate marketing business even if you don’t have a blog or website. People who do this rely on their social media pages. For instance, if you have an active Instagram account with engaged followers, you can look to monetize your account with affiliate marketing.

16. Transcription Services

It can be challenging to find ways to learn how to make money online without needing any previous experience. From consulting for businesses to making money online through selling products, experience is necessary. However, transcription services is a fantastic industry that you can get into with little to no experience.

Transcription services are often required by some of the world’s top-earning industries, such as healthcare and finance. The job is also relatively diverse, offering a dynamic work environment that’s sure to keep you entertained. As long as you have typing skills and incredible accuracy when typing, it’s surely worth trying.

As a transcriptionist, you’ll take audio recordings and turn them into written content. You might do these services for doctors, hospitals, or even media organizations. For example, writing captions for videos and TV shows is common for these professionals.

At first, you might find being a transcriptionist isn’t the most profitable option for making money online. But as you begin working for more clients, your skills will become sought-after, helping you generate more income. Also, if you work for multiple businesses simultaneously, your invoices will become larger and larger.

17. IT Consulting

All businesses are emerging onto the internet, even brick-and-mortar mom-and-pop shops. If you need an excellent way to learn how to make money online using your IT expertise, this career path is ideal. Not only will you be helping small and large businesses alike, but you’ll also be putting your networking and cybersecurity knowledge to good use.

IT consulting comes in many shapes and sizes. You might build a cybersecurity network for one business or manage another company’s email system. It’s a fantastic option for making money online because it’s a fast-paced career that will present you with new challenges daily.

You’ll explore multiple facets, including auditing existing IT systems and making considerable improvements. You’ll need to put your skills to use to future-proof a company’s digital security while also implementing new technologies. Many IT consultants also work in automation, developing ways companies can automate their day-to-day tasks.

Considering all of your work will be done over a network or the internet, it’s a great way to know how to make money at home. You’ll likely have to host weekly meetings with your clients, but you might not need to visit anyone. Also, it’s a worldwide service that you can offer, helping businesses in an assortment of countries.

18. Online Therapy

As a trained mental health professional, offering digital therapy is a helpful way of making money online. You won’t have to worry about working in a practice or opening your own with this option. In fact, you can take client calls from anywhere in the world. As long as you’re working with clients who don’t require in-person meetings, you can learn how to make money at home in minutes.

Online therapy is something the world needs, especially with the isolation experienced resulting from the pandemic. Offering your services digitally makes them more accessible for people to access, getting the help they need from home. You’ll also be able to reap the benefits of assisting others without having to leave your home.

There are multiple options trained psychologists and psychiatrists can use to work online. Platforms such as TalkSpace and BetterHelp are two examples. These websites are marketplaces where individuals can seek therapy virtually, choosing from a list of mental health professionals.

Alternatively, there’s no better time than now to consider offering your regular services online. Take your existing list of clients and begin offering digital appointments. You can even transition to phone appointments if it’s more convenient for your patients.

19. Freelance PR Consulting

A brand’s image is one of the most important things they have. As a freelance PR consultant, your job will be to maintain a businesses’ positive image. Or, it could involve establishing a brand new image for an emerging company that customers need to know about.

There are two primary facets to PR consulting. Some professionals work with brand image, while others develop promotional materials. This career is ideal if you’ve always been interested in public communications and creating marketing materials.

Not to mention it’s one of the best ways to learn how to make money online if you want six figures. You would be surprised at the number of businesses willing to pay hundreds of thousands to maintain their brand image. It’s also a fast-paced career and something that will keep you on your toes, whether you’re working with small or big clients.

PR consultants will wear many hats, including establishing a company’s online presence and managing their web content. You might also be responsible for managing social media accounts, developing press releases, and more. Although it is a freelance option, you will likely work hours that benefit your client and often be on-call during product launches and other important events.

20. Video Production and Editing

video editing and production

The booming popularity of influencers has opened the door to multiple online money makers. Whether looking at Twitch streamers or YouTube personalities, video production and editing are in-demand careers. If you’re someone with a creative eye and unique marketing skills, this area of expertise is something you need to consider.

Every person and business looking to create digital content will have videos that need editing. This job could include making jump cuts, editing the quality of videos, or even taking raw footage and crafting an entire video. The more experience you have working with video editing software, the more successful your career will be.

Another fantastic element of video production is having a hands-on part in creating insightful content. You will be responsible for editing the footage, and you could also be needed to capture the initial content. You could find yourself working for some of the world’s largest businesses and famous personalities overnight.

There’s no doubt there’s a creative side to this career, but it also requires plenty of technical knowledge. Not only will you need to know how to make a video look great but also to include fantastic content. Your videos will need to grab viewers' attention, drawing them in to learn more.

The more experience you get working with top brands, the more in-demand your services will become. Thousands of video producers and editors make well over six-figures freelancing their creative and technical video skills online.

Best Online Business Ideas Worth Trying

Learning how to make money online is a fantastic solution for people tired of working their regular 9-5 jobs. Several businesses allow individual contractors to benefit from the art of knowing how to make money at home. Alternatively, you can use these 20 fantastic ideas to freelance and try your hands at top-tier online money makers.