Please help me with online business ideas?
I really would like to create an online business that will make me six or more figures a year. I have been researching a while, and have come up with some ideas but am not sure if any of the ideas could be profitable. 1 idea is a website where i sell office chairs that I get wholesale and dropship. I am not sure however if office chairs would be good to sell and be profitable. What do you think? Another idea is to make a website where people buy, trade, and sell gift card for cash. I make money from charging small fee to succesful sales and placing ads on site. Do you think this could make me six or more figure a year? Another idea could be a niche content site on the subject of songwriting. I would have lots of articles, reviews, and howtos on songwriting to get traffic to the site. would then put ads adsense and relevant affiliate products to make money. Even though this could make me some money, can it make me six or more figures a year? The last idea probably wont work, but it is a site where users can submit orginal songs (which they have legal rights to) and other users can listen, rate, comment, and share songs with other user. There would be a chat room and a top 10 song list. I would make money from ads. The problem is i would cost me 5-10k to make the site and im not sure if I should spend that money on the site if i dont know that it could be profitable. So i really like the office chair idea since i think it is the most profitable. Do you think office chairs are good to sell though? What should I sell online if office chairs arent profitable (please no ebooks or info products). What are you're thoughts on the other ideas. I could possibaly run the office chair site and list some on ebay, aswell as the niche content site to really increase my income. Any ideas?
Public Comments
- I'm not convinced that the money is in idea #1. First of all, if I were buying an office chair, I would want to sit it in first. But if you do go that way, definitely go with dropshipping - it will save you a fortune in time and the cost of storage for stocking items. I think you're really onto something with #3 & #4 - maybe even combined somehow. My initial thought in reading this was that you should do #4 and incorporate #3 as a paid tutorial that you sell ex. Become A Wicked Songwriter In 10 Easy Steps! You could break it down into several 15-20 minute video training sessions offered by email once a week. Then you can charge a small monthly fee for the duration of the course, and you will build a list that you can market other affiliate products to (multiple streams of income). Once you've created the course once, you upload it into an email autoresponder like GetResponse (sign up here: http://shorten.ws/8a69e5 ) and it will automatically be sent to new customers. You get paid every month from doing the work once. Anyway, I hope you have great success... there are lots of ways to monetize a site for multiple streams of income, so my vote is to do what you love. Besides, then you'll have the passion to really build it out and keep working on it. Speaking from experience, if you don't love what you're doing, it's pretty hard to keep motivated to do it every single day! Good luck!
- Having your own business is a great idea and having a online presents is even better more and more people turn to the internet now.But just putting up a website will not roll in your 6 figure income it will take a lot of work and it can take quit a while to get astablished. If you are willing to put in the time I say go for it either one of your ideas just don't expect to much to soon. Good luck
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- I think your ideas are really great. It sounds like you will need start up capitol for the chair business. Most people are definitely looking for ways to make money from home or online. I have found my way and will be making six figures this year. If you are interested in learning what I do, visit http://nationalsalescareer.com/?id=302
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