Finding the best online home business for you can be challenging and daunting all at the same time. With so much on offer on the internet these days, you can truly be overwhelmed as to what is the best option for you.
So I have put together this guide for you, from personal experience and researching what is out there on offer. I know exactly how you must be feeling if you are new to this. I was like that too.
My problem was (or perhaps to my advantage now), is I did try alot of things; MLMs, Direct selling, Trading, I was even part of a scam briefly. But doing all of those things led me to what I now do online, which is build my own website around my passion – and get rewarded residual income to do it.
If you can bypass a lot of the crap that is so (unfortunately) readily available, then you will find your whole online home based business experience a much better one!
I will not necessarily be listing individual MLMs or companies, but I will give you some insight into the types of business you may/or may not become part of. Like I said, this is from personal experience and my learned insights into these types of online business.
Food for Thought on Promotion
If you decide to travel down the MLM path, I suggest you find a better way to promote it than your upline may have planned and be teaching you. Hassling family and friends is one way, or with the convenience of the Internet, going online and doing the same – is another.
With MLM products, shakes, lotions and potions, they are just not found in your brick and mortar stores. And for good reason, they are usually overpriced, so your sales can reward you.
The not so good part of all of that is, if you are taught to promote in the form of home parties, is it is harder for your family and friends to say “No thanks, I do not want any of your product,” when they may be in your home, and part of the party you are hosting. Obligation comes to mind.
In stores it is waaay easier, to say “No thank you” to the shop attendant. Think about that right there. How long is it going to take before you piss off the people around you. Yes, you love the product, but it has a financial incentive for you to get it sold, and lots of it.
But your nearest and dearest will tire of you if you keep harping on about it and trying to sell them all the time.
And if you are promoting to all of your social media accounts, day in day out, your amazing weight losing products, well that ‘unfollow’ or ‘BLOCK’ button for them, is a just a click away!
So be prepared to lose “Facebook friends” if you promote and are selling this way!
Promoting your business can be done alot easier, and the key is to finding a way that will have your online enterprise around for years to come. Do read on…
Your Business Lasting the Test of Time!
I want to share also in this guide a way of YOU and YOUR products being found and bought. You may feel you have the best online business opportunity, however instead of hunting down people to buy from you, you become the authority in your niche and the hunted.
Yes, you heard right… being found on this place called planet earth and people wanting to purchase from you!
Which means you don’t have to trick Grandma or Aunt Betty into something they just do not want to be a part of. You can and will get your products or service in front of your target audience. And your social media presence and profile will stay intact without people feeling they need to unfollow you.
So even though I will list many and varied options for an online business, I can probably say hand on heart, you truly need your own website – your own online ‘real estate’. Whether its branding you, or you are selling from it, from all my experiences online over the years, I feel having your own site is hugely important for long term success.
But first up, what is available in an online business for you?
A Guide to Different Types of Businesses
So there are many types of business you can do online. I wanted to share them to you with price estimations, as entering most businesses are different, however sharing price points will give you a general idea. It is good to know what sort of money you may require to get started, but also what sort of income you could potentially receive in return for hard work.
With some of the business types I speak about in this Guide, you will find I elaborate more on some than others. This is purely from first hand experience with them. I want to give you some real insight as you read through, and hope it will assist you as you choose a business to pursue.
Free Website Builders for Affiliate Marketing and Blogging
What is great these days is you can get your online business started for free. There are a number of options for sites, and it all comes down to your needs and what you want to use your website for.
I have listed further down this guide, e-commerce sites which are designed around an online store. The free website options listed here can be used for blogging and affiliate marketing purposes and I know the platfrom I am part of, comes with the best online business training as well.
So not only am I being taken through to set up a website, I am learning how to create a site that is around a niche, and a very profitable one at that!
Even though there are many options of platforms available, through experience and just google searching tells me WordPress sites seem to be the search engine favourites.
The Best Website Builders
These following website builders come with various features to get your own website built. The difference between these free and paid options compared with the Wealthy Affiliate program is the help and support. But also with sites like Wix and Weebly, if you are going free, then you will always be carrying their logos on your site.
With most sites being just a support ticket away if you do require help, with Wealthy Affiliate they pretty much take you by the hand and guide you every step of the way to get your website up and running, but more importantly help you understand how and why you do it.
And no Wealthy Affiliate watermarked logo on your site – free or paid!
Is free to start and has a full course of lessons to get your (WordPress site through the SiteRubix platform) set up and profitable in any niche you choose.
The support is brilliant as not only do the company owners assist where they can, there is a community 24 hours a day live chat support feature as well.
I truly could go on and on about Wealthy Affiliate because of what it offers for free. I could almost rate it the best online business school! Not to mention also, its very low premium price of $49/mth and the training and tools that are offered with that.
After experiencing so much on line in programs and MLMs, I can honestly, with hand on heart highly recommend this product for anyone who wants to do affiliate marketing. Or if you have a true passion in a niche, then this is for you.
But I am not bias, and this guide is about giving you many options… so do read on!
Wix is a platform to develop websites and mobile sites using drag and drop tools. It can be used for free, however with the Premium plans starting at $7 per mth/$30 per mth for the e-commerce site, you will get more storage and bandwidth and remove Wix ads.
I used Wix years ago and it was an okay platform to use. It just did not have the training and support with the platform I am associated with now.
Weebly is another drag and drop type website builder. I used weebly for period of time, however with the blog feature, I still was not taught how to get my blog pages ranking on page 1 of Google and other search engines.
Most of the free sites will give you all the tools and that is great. But to build a website, and then for it to be found by your audience, are 2 completely different things. Unless you have a huge budget for advertising, then the Wealthy Affiliate platform is the route to go.
Prices for weebly start at $10 mth/$20 for e-commerce and add other features the higher your subscription.
WordPress hands down are the best websites. What is great though, is these days you do not have to do the whole installation process yourself like you had to do in the past. Because sites like Wealthy Affiliate use the wordpress platform and (SiteRubix does the building for you), which just made it a whole lot easier!
But there is a whole WordPress forum with help and support and you can do this all for free. I just think it would be a tough route to go for the inexperienced person new to the online world when there are so many other awesome options available.
Working at Home for Others
Rather than join a direct selling or MLM type of business, you could offer up your skills and service to others. There are many sites you can join which I will list below, where you can provide a profile with all the skills you have acquired over the years. And charge a fee per hour or an agreed contracted amount.
A virtual assistant can help clients out by providing a lot of secretarial, general office administration, email assistance (especially if company receives large volumes of it), technical and creative support. All from the comfort of your home office.
This could involve writing for others or doing amazing designs for websites. I even remember paying someone on Upwork to put together a 1 minute Youtube intro with my branding. For his work we agreed on a $50 payment.
So if you get good at this type of work and have a good rating within the site you have joined to get jobs, you can negotiate a fair fee and make a good living out of it. Here are a ton of options that may interest you.
Providing blog content or article writing for magazines that need fresh and relevant content. Copywriting, ghostwriting, editing or proofreading and critiquing articles – to name a few.
For websites, like header banners, or overall improvement of website design and layout.
On things like business cards, logos, flyer, posters or designing smaller banners to be used for advertising purposes.
If you are a Certified Financial Planner and have the credentials to prove it, then you can offer these services at a fee.
Where you can work with clients on problem solving and strategy in their respective business and assist them to develop business skills. You can cover things like marketing plans or what types of marketing techniques to use and how to use them to better their knowledge and online business experience.
Social Media Consultant:
If you are a whiz around Facebook, Twitter and Instagram then you can offer services on how to use them for your business. With internet users growing and businesses going online everyday, the need for social media and how to use it will always be there. And, new platforms to spend time on socially, (and even advertise on) are introduced regularly.
SEO (Search Engine Optimization) Services:
People build websites and blogs, however if they are not optimized properly, then chances are they are not being found in the search engines like Google and Yahoo. You can offer up your expertise in how to place keywords in meta titles/descriptions, correct keyword density in web pages, alt tags on images and so forth.
Sometimes when building websites, help is occasionally required with plugins, or there may be something that just isn’t right and it may just be that some code is needed. So if you are up to speed with coding and programming language, then this could be a gig to pursue.
Resume and Cover letter writing:
There is always someone looking for a job so if you have the skills to put a good resume together, then this could be an option for you.
Freelancing Sites you can Join
Here are some sites that you can join, provide your services and command a fee. Most are generally free to join and a percentage of your sales will go to the owners running the site.
Upwork (previously Odesk)
Freelance Writing Gigs
E-Commerce and Selling
For other online income ideas, perhaps you are interested in having your own online store?
With an e-commerce store there are many site building programs that can have you up and running your online store in no time! The best sites will walk you through the the entire process of design, hosting, pricing and payment options, reports and also marketing tools.
Must have features should definitely include payment security, and do check you are able to provide enough payment and shipping options for your customers. The better the experience for them, the better reviews or even them returning.
Just go with a program that is easy to use and an absolute must is the support they provide. Generally users of the system will happily share how good, (or not so good) support is in a review, so if the site has reviews – check them out!
Top E-Commerce Sites
These sites vary in prices. The more you pay, the more bandwidth, support and amount of product you can list. Amid other elements the store has to offer.
Free trial – Starting price 29.95/mth and prices go up from there.
Free site. Basic plan $4.50/mth. E-commerce $16.50/mth and prices go up.
Free trial for 14 days. Basic plan $15/mth. Then a $35 plan, $75 and $135
Free with limited options. Prices start at $69/mth to $299 per month plan
Free 14 day trial. Basic plan $29/mth. Then a $79 plan and $299 per month plan
Free trial for 15 days. Basic plan $29/mth. Then a $79 plan and $229 per month plan
Free trial with limited options. Basic plan $5.99/mth. Then a $29.99 plan and $59.99 per month plan.
Shopping Cart Elite
Free trial for 14 days. Does not list prices however you can contact them for a quote.
Selling Your own Photography
If you have a passion for photography, or you are a professional photographer, then you can make money from your pics on photo selling websites.
A popular site for selling and downloads. And heads the list for photographers who want to earn well. You can check out more about them here.
A place to showcase your best work in photography. You can just display photos however the Pro or paid options gives you a storefront and e-commerce capabilities. You can set the pricing on your own and earn up to 85% royalty rate. Digital downloads, prints and cards can be sold.
The world’s leader photo platform dedicated to tour companies! For all your tours and activities, Tour Photos can share or sell (to the tourists) the photos takes during their excursion with them. Activities included are from cruise ships, scuba diving, rafting, amusement parks, camel riding, skydiving, and many more.
Istockphoto by Getty Images.
If people download your photos you earn a royalty payment.
And here are a few others to research and check out!
There are all types of trading. Day trading, longer term trading, I was even part of 60 second trade scheme that taught me how to place my money in when it was low and 60 seconds later it (hopefully) had increased. But it was so unpredictable it wasn’t funny and became too scary!
So I got out of it before I lost anything. And learned from that experience!
Short term trading involves frequent buying and selling of stock, commodities – buying at a lower price and selling at a higher price within a relatively short period of time.
I never got too involved with trading as I do believe you have to know what you are doing when investing hard earned dollars. Watching how markets rise and fall can be quite daunting if you really don’t know what you are supposed to be looking at. Education on this is truly key here!
But people do enjoy it and if you know what you are doing, it can be really profitable, in a short period of time. And I have noticed alot of things around the internet these days involving Bitcoin as well.
I suggest if you want to go down this path then do your due diligence, research hard and get truly educated on it before you put any money forward.
I am not a fan of surveys at all. They are tedious and so damn boring and as far as I am concerned I get no satisfaction from it. But if you like to make a little extra cash, or get rewards from gift cards or other methods then here are a couple of good sites I have sourced.
These websites within them have a whole bunch of legitimate survey sites in posts, which includes additional information and explanations about what each offers. And I did not want to list every type of survey site, as I know some are just a pure waste of time.
Again, not my cup of tea however just another online business option if it interests you.
Australian – 20 Paid Survey Sites
21 Best Online Sites
List of US Survey Sites with The Survey Pro
International Survey Sites with the Survey Pro – select your country
MLM or Multi Level Marketing
With multi level marketing, you can either like it or hate it. Having been part of both MLMs and also Direct Selling business (which I cover below this) I am happy to say, I am now not part of any.
Simply put, MLM is where the distributor in a company not only gets compensated for the sales they generate, but they also get paid various amounts from the multiple levels of sales below them. Which in theory sounds great doesn’t it?
So the key is to build a downline of other distributors below you, so you reap a percentage of what they sell as well. And this could be an actual physical product, or a digital educational product, or service.
And these MLMs can lure you in with smaller products and costs, to then have you pay for products in the thousands. (Because apparently you need the dearer products to be successful).
My best advice to anybody wanting to take this path is DO YOUR RESEARCH. There are always reviews on MLM based businesses, and do not stop at just one review – read many!
My MLM Experience
I have been part of a few over the past years and like I said earlier, I am so glad I am out of this type of business. Some cost me too much money and I wasn’t really over the moon with their products, which I should have been. Plus, I failed big time in marketing it.
And my last venture turned out to be an all time scam, which was quite disappointing, because I loved what the company stood for. The way they were making a stand and helping out families etc.
But when you discover the “product” just does not exist. That your membership, turns around and pays the daily pay, then you have to rethink whether you want to be a part of something that is just not morally right. You can read my review on that here.
I think with anything you do in life, you have to have a passion for it. So if you do pursue an MLM business. Then you better be taking/using their product and know it inside and out.
At the end of the day there is nothing better than someone asking, “What is it you do?” because they can see your success or, “What are you taking to look so good” because the products work so well. So much better to be approached than to be pushing your product or business down people’s throat.
Direct Selling Business
Direct selling is more about marketing and selling products directly to consumers. Plus you are also marketing the business model as well. So basically, if I marketed my business and somebody joined and bought the products, I would get a good percentage of the sales, the owners get their percentage and nothing is shared with any upline distributors.
What is probably a good thing about this, is your success reflects your efforts and it is not about having to train heaps of downline distributors – or rely on them to get paid.
My Direct Selling Experience
I think when a business is represented in this type of business model, they stress in their marketing and advertising that they are NOT MLM, because so many pyramids and failed businesses usually had the MLM business model.
And the reason I know this strategy takes place in the direct selling model, is because I was part of one that did that exact thing when the placing of ads took place.
Direct selling business can have various products and price points that you can enter then on. Some are low and some can be high ticket because of the compensation you can receive.
The one I was part of had its lowest products at $1497 with a commission paid of $1000 and its highest product which was an 8 day event that cost $12950, and $8,000 paid to you.
Sounds great doesn’t it? But trust me, it definitely is not an easy sell, even an impossibility at that. The amount of people or “numbers” you have to prospect is just unbelievable. You can check out my detailed review on this business here.
My No. 1 Pick and for Good Reason
Like I said earlier, I have been online for years, and experienced many types of businesses good and bad. So here are 1o reasons why I choose what I do ‘successfully’ now.
- This business is secure, reputable and not going anywhere.
- Support comes in spades. From the company, owners and 24 hours a day, community chat support.
- Free to try out for as long as you want, plus you get a full course of lessons to get you up and running.
- Everything included in the cost of $49/mth with no hidden upsells on the way in, or anyone trying to sell you other things. The cheapest business I have been part of, and have not had to buy additional tools to make it work.
- Web hosting all included, and site security keeping your visitors data safe.
- The best online business training going. Courses with step by step lessons in the form of video and text content.
- Live webinar training keeping you up to date with what is trending now in marketing.
- Anybody can do this, with little or no experience because of the step by step training supplied.
- Because of the Live chat feature and being 24 hours a day, you have access to industry experts and 6 and 7 figure income earners.
- Not only can you get your site profitable in your niche, there is a referral program (for others to join the Wealthy Affiliate program) which leads to having the best residual income opportunity. I now get paid a monthly residual income – which is brilliant.
I have full details on the Wealthy Affiliate University Review. Bottom line, that is exactly how I describe it, like a university for affiliates online.
There are alot of of legitimate online income opportunities.
And there are alot of duds as well, unfortunately.
Your best bet is to do your research before you join anything. Read reviews, check out the company owners, and then do it all over again. Some reviews can be very bias as it is in the writers interest to trash one company, to then suggest you to join theirs.
At the end of the day you have to do what interests you, what you think will become profitable, plus something you will forever enjoy. And building something around your family, with more time freedom is truly the ultimate key.
I do hope you enjoyed this Guide and realise there are many options for business online. This is just to give you an overall idea, and some links to the more popular sites.
Make your online journey a profitable and fun one!