Can you believe we are already cruising into 2018?
The year is flying by so fast! Though it seems they always do. So, if you had plans to start a home based business this year, or expand a current one, but have been putting it off, the time to go for it is right now! Before you know it 2018 will be coming to an end and you will be making plans for next year instead. There are plenty of great internet home business opportunities and other ways to become your own boss, so don’t put it off any longer. This is your year to shine!
Often times, online business ideas are seen as opportunities for stay-at-home moms, college students, or underpaid office workers to earn some extra cash in their spare time, and yes they can be great for that, but you can also start an online home business as your main source of income — regardless of who you are, what you do, or your situation in life! Not only that; it can be your path to financial freedom. Of course, not every idea or opportunity will make you rich; you have to choose carefully and work hard.
To get you started on the right path to wealth, we have expanded our yearly top 5 into a new top 7, so here are SEVEN of the best business ideas and opportunities for 2018, in no particular order…
This is undoubtedly one of the easiest, cheapest, and fastest ways to start a home business on the internet. There are affiliate programs for pretty much every niche you could possibly think of and almost all of them are free to join. I have never seen a market where there wasn’t some product or service at least somewhat related to it that you could promote as an affiliate marketer. And rarely do you find any that actually cost to join (although sometimes they do). Thus making this one of the top online business opportunities in the world for just about anyone.
You can also use free blogging platforms such as blogger and wordpress to start a site. Then, you can use free internet marketing strategies to promote them. So basically you could build a successful online business without spending a cent. Although I do recommend getting your own domain and hosting, and investing some money on a few resources to help you along the way, but it’s not necessarily required. That’s what makes this such a popular way to make money on the internet and why it made the “top 5 business opportunities” list.
However, just because it’s easy to get started with affiliate marketing, and can be done by spending very little money, if any, doesn’t mean you will be able to simply join a program and be cashing in the next day. It does take a lot of learning, time, and hard work to build a successful affiliate marketing business. You still have to put in the necessary effort just like everyone else. We recommend joining wealthy affiliate university (free) to help put you on the fast track to success.
Some people love it, some people hate it, and some people can’t decide either way. But it seems like everyone at least has some sort of an opinion about network marketing businesses, aka multi-level marketing or MLM. You have probably even had one pitched to you by someone in the past or maybe you have joined one before.
Whatever your opinions or experiences might be, one thing remains a fact, and it is that network marketing is one of the easiest, fastest, and most popular ways for the average person to start a home business. There have been more millionaires made in this industry than in any other in history. If you are looking to get out on your own and start your path towards residual income and financial freedom in 2018, you might want to consider network marketing as one of the best ways to do it.
A word of caution though, you do need to be very careful when choosing a network marketing opportunity. There are plenty of great programs out there that are perfectly legitimate. But there are also a lot of scams, schemes, and other shady business practices going on in this industry. Look past all the hype, watch for red flags, and do a lot of research before jumping into something.
Another one of the best home business ideas for 2018 and probably for many years to come is becoming a blogging professional. There’s a virtually unlimited amount of topics that you can make money blogging about. If you have a passion or specific knowledge about something that other people are interested in then you can become a professional blogger and earn a living writing about it.
You will need to research the niche and various topics within it before jumping in so you can be sure there is an audience out there. You don’t want to waste your time writing and trying to build a business around a blog topic that nobody has an interest in. You also want to be sure that you aren’t choosing a niche so competitive that you will never be able to get anywhere with it.
Two of the most important parts of succeeding with a business like this are consistency and perseverance. It’s always easy to stay motivated at first but it takes time to write a lot of content, build up a solid readership, get high search engine rankings, daily traffic, and eventually a great income. The hard part is sticking it out until all of that happens. You need to be determined and continually work at it for quite a while before it will begin to pay off.
Once you have gained enough traffic, readers, rankings, and authority; you can monetize your blog by selling advertising on it either directly or through Google Adsense. You can also sell affiliate products or services (as discussed above) and/or even create your own products or services to sell (discussed below). They are plenty of ways to make money from a popular blog, so you won’t have any trouble finding at least one to fit your desires when the time comes.
Some of the big time bloggers literally make millions of dollars per year from their websites. In order to do that you will need to develop an insanely popular blog with hundreds of thousands of visitors per month, which is not likely, but it can be certainly be done. Or at the very least you can earn a very respectable income from a more “normal” blog.
Online Business Consultant
With each year that passes the internet becomes more popular for starting home businesses online. But most people don’t have a clue how to get started or where to go after they do start. So there is huge money to be made if you want to teach them what they need to know. If you are an expert in a certain field, you could offer online consultation or coaching services to them. One big advantage of this idea is the low capital required.
People need to learn everything from niche research to setting up a blog/site to SEO, link building, marketing, social media, content creation, copy writing, building a list, and everything else that goes along with internet marketing and online business. There are a lot of individuals, small businesses, and even huge corporations that will pay a lot of money for help with that stuff. If you have the knowledge and skills then you can definitely do very well as an online business consultant.
This isn’t really so much a way to get your home based business idea started because you will obviously need to already have plenty of experience in order to offer your consulting services (unless you’ve been working for someone else and realized you can do better on your own). However, it is a great way to expand on your current business and create another income stream for yourself. This opportunity will only increase in popularity in 2018 and for many years to come.
Become a Social Media Star
They are a lot of people who have literally become celebrities through social media sites such as Instagram and YouTube. They often times use that fame to build up huge followings on even more social sites such as Snapchat, Twitter, Facebook, and many others. Eventually they can get millions of followers on multiple platforms.
Once this is achieved you can get paid thousands of dollars to mention a certain brand in a single tweet, post, picture, video, update, or whatever. Companies are willing to pay huge amounts for the brand exposure to the millions of followers/fans/subscribers. If you can manage to rack up a huge following on social media, you could leverage into a very healthy income.
Of course, you will need to either be entertaining, funny, informative, helpful, inspirational, sexy, different, or some combination of those things in order to build up the followers & fame. You also need to share frequently and consistently. You should also respond to comments from your fans as much as you possibly can. Yeah, you might get super lucky and become a social media sensation overnight from just one video or picture, but you probably shouldn’t count on it. As with any business, it will most likely take a lot of time and effort to do, but it can be very rewarding for those of you who follow through.
This is something that is still relatively new in the online business world, but can also be one of the most lucrative opportunities ever created if you can come up with the right idea at the right time, and run with it. If you have the tech skills, you can create mega popular app that makes you millions of dollars. Even a moderately popular app can bring you in hundreds of thousands of dollars. You make money either from direct app sales or advertising to app users.
Even free apps have the potential to earn a lot of money through ads, selling it, building a huge list, and many other ways. If you are looking for inspiration, look to apps like Pokemon GO, Angry Birds, Candy Crush, Mobile Strike, and other apps that have made their creators very rich in recent years.
Sell Products on eBay, Amazon, Etc
There’s really not a whole lot of new things to say about this particular online business idea. Just about everybody knows what eBay and Amazon are and have used them for buying or selling items for years (as well as other online marketplaces). For a long time this has been one of the most popular ways to start a home business to make money online, and that is no different this year. You could technically be up and running today if you really wanted to.
You might think all the good business ideas for succeeding as an eBay or Amazon seller have been taken, but there are still plenty of opportunities to do very well with your own product selling home based business. Admittedly it’s probably not quite as easy as it once was but it’s certainly not impossible either. At the very least it can be a great way to get your foot in the door of the internet business world.
There are countless stories of people who made millions from the unlikeliest of products. For example; Stay at home mom, Cheryl Rigdon, had an idea to create a small spatula (The Spatty) to help scoop out all the remaining contents from the bottom of bottles. She went on Shark Tank seeking investment but was shot down. This did not stop her product from taking off and earning her big money.
If you have an extremely unique and beneficial product or service, you can sell it online and make millions. The most important thing is to know your target market, provide actual value, and carry out a full internet marketing campaign.
Keep in mind / Final thoughts…
One thing to keep in mind is that, even though an online business is relatively simple to start, it is still a real business and you need to treat it that way. Make sure you form an LLC or incorporate, or whatever is best for your particular situation (figure that out and do it). Most of that can be learned and done through LegalZoom or another similar service.
Also, be sure to learn about the ins and outs of running a small business in general. Make sure any paperwork you might need to file is done, figure out if there are any restrictions, licenses or permits needed, biz plan, taxes, etc… Basically just get your ducks in a row. A great place to start for this is the Small Business Administration.
I made the mistake of building my first internet based home business without doing those things, and I regret it to this day. It may not be the “fun stuff” but it’s worth doing, trust me. It’s better to be safe than sorry.
Another thing you must remember is that no matter what home business opportunity or idea you choose, it will take a lot of time and hard work to build it. Read that last sentence again because it is very important! The chances of you becoming successful in a month or two are slim to none. It rarely happens — no matter what some marketers try to make you believe. You must have patience and determination.
You need to be ready to put in a minimum of 6 months to a year, or even much longer, of consistent focused effort before you see any significant results. Too many people think they can just hop on the internet or join some system and be rolling in the money quickly & easily. That’s simply not going to happen. If it were that easy everyone would do it and we’d all be rich. Any business takes a lot of time and hard work to develop, but it absolutely can be done!
Now, you know the top home business opportunities for 2018, so get up off your butt and get started right away! You could be on the path to financial freedom this year.