If you're at all interested in starting your own online business and generate a passive income with a view to reaching financial freedom, there's no time like the present as we live in a golden age of wealth.
It’s estimated that there will be 2.05 billion global digital buyers in 2020. That’s a lot of potential customers. In fact, with an estimated global population of 7.7 billion people, that’s about 25 percent of the world’s population shopping online.
What’s more, this number is rising rapidly and is expected to hit a massive 2.14 billion people in 2021.
Are you ready to tap into this market? Which online business model is right for you?
Will this be the year you will finally start your profitable online business?
You’ve considered it year in and year out. You’ve entertained numerous online business ideas in your head and imagined what your lifestyle would be like if you could resign from your job and generate income online. You would have the time and ability to travel the world, provide a comfortable lifestyle for your family, and achieve financial freedom. You could finally break the shackles of the 9-5 lifestyle and own your time completely.
And then, what happens? Usually, you entertain these ideas fleetingly and resort back to your comfort zone. The steady income of your secure job, the ease of having somebody else decide what it is that you need to do every day (instead of trying to figure it out for your self), and the consistent schedule.
You convince yourself that things are a little too crazy at the moment and decide that you'll start that online business next year! Unfortunately “next year” never comes...
We’re here to tell you that this is the year you should start your online business. There’s more opportunity than ever before, and you should take advantage of it!
To help you get started, We’re going to layout a number of online business ideas. Read through them, see which ones you connect with, and start doing your research.
With Amazon, you can self-publish a book fairly easily, and really make money from it.
By creating a course you’re monetizing your skills by teaching it to the others.
Earning money has always been associated with traditional 'offline' ways found in the real world. With the Internet taking over a large part of our lives, more people are looking to ways to earn money online to increase their income.
However, you have to be careful of the platform that you opt for. While there are numerous ways to earn money online, some of these could end up being scams, hence you have to be careful. Also, do not expect to earn a huge amount quickly when using online avenues to generate income but rather expect your online income to grow steadily as you continue to work on your online business.