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INTRODUCTION
I am an Ex-Corporate Employee, Ex-Businessman turned Internet Abundance Entrepreneur and the Founder of Design Clans.
I help working professionals get out of the daily grinds of life. Help them go through a journey where they learn How to build an Internet Abundance Business using thier Expertise.
As a working professional, life can be very tedious and unforgiving. You must have had thoughts of creating an additional source of income, apart from whatever you’re doing.
But you were not sure of what are the different options that you have. So this book is going to help you discover 20 online businesses that you can start part time while you’re still working.
Along with that You will also learn about the Pros and Cons of each of these businesses..
Offer your skills on freelancing platforms like Upwork, Fiverr, or Freelancer. Common services include writing, graphic design, web development, and digital marketing and Consulting. Apart from these, there are other services as well which you can cash in.
Keep in mind, these are projects given to you by To run businesses. So you got to be aware of the time You’ll take to complete any project. Lets Look at some of the pros and cons of freelancing.
Time, and location flexibility.So as long as you have Internet and a system to support your projects.You are good.
Once you start getting more projects, You can start increasing your service cost. Which can add an additional source of income
However there is a lot of competition and it will be slow when you start. Get more reviews from Clients and then you will see more prjects coming in.
You can leverage your knowledge and skill to provide consulting services. This could involve business strategy, career coaching, or industry-specific advice. This can be a short time consulting service or a long time consulting service.
Short term consulting can be between 1 to 3 months. Long term Consulting can be between 6 months to few years.
Depending on your skill set, you will be able to charge a premium here. And you dont need to go to any office, or you dont need an office, or any employees. You are trading your time and your skill for money.
The only downside to consulting is You will not be able to maximise profitability. Because you can only take few projects at a time.
You have products to sell?
Start an online store selling physical products or digital products. Either through drop shipping print on demand,Dropshipping, Amazon FBA or Create your own unique products.
And its not difficult to set up a ecommerce website right now. There are ready services like Shopify, GrooveKart and Woocommerce.
These platforms provide you with ready made tools to build a website with all your products And they also help you with marketing.
One of the largest market in the world. And one of the most lucrative. Every company that you know If you Google them along with the word affiliate program, I am confident 90% of them will have it.
Affiliate marketing is one of the simplest ways of earning money online. You don’t need to create anything. Products are already there created Somebody else.
All you got to do is refer them to people who need it. And you get paid commissions. Commission can vary anywhere between 10% to even 100% with some of the companies.
Few companies give oneetime commissions, and some of them give recurring commissions. That is monthly commissions.
And whatever money that you earn from affiliate marketing, it is called passive income. Which means, once you set it up the money will just keep coming. And this kind of a business can give you true freedom overtime. So integrated along with whatever you do.
5.CONTENT CREATOR
Love creating content?
this is another Big industry. You can create content in various forms. It can be a youtube video,podcast,blog, reel, shorts or any other social media post.
And when you are sharing your knowledge skill and expertise through these content. You will start to attract a certain kind of a crowd who would be interested in what you have to say.
This is what we call Internet traffic. That’s just a technical word to it. But these are real people who love what you do, and they trust your knowledge and expertise.
Now you will be able to monetize your content Through ads, Affiliate marketing, Sponsored content and Your own products.
Requires time to create content. But once your content is posted, it is going to be there forever, and the traffic is going to come forever. Another great source of creating passive income, part time or full time
6.COURSES AND COACHING
Share your expertise by creating and selling online courses or offering coaching and mentoring services on platforms like Udemy, Teachable, or through your OWN website.
So if you are passionate about a subject and you want to teach it to somebody. Then this kind of an online business can make you a lot of money.
You can create your products and list them in course platforms. The only drawback about course platforms is they will drop your prices. And there is lot of competition as many people are trying to get the viewers attention.
The best way To sell your own online courses and coaching services is through your own website. List your products. List your services and generate traffic to your website. And you have full control on costing.
So you can have variety of costing depending on what product you are selling. Even here, the setup is only in the beginning. And once you have set it up, the income is going to be like a passive income.
Provide administrative support services remotely, such as email management, scheduling, data entry, and social media management.
Similar to freelance jobs. The good thing about this is you can be a virtual assistant to multiple companies working from home.
But you will only be able to handle so many companies at a time. And it is an active income. You got to trade your time to make money here.
However It has the potential of replacing your current salary. If you are able to get multiple businesses where you will be there, virtual assistant.
And virtual assistants are mostly used by solo entrepreneurs or Internet abundance entrepreneurs Who prefer not having office or employees. So they outsource all these mundane regular tasks to save their time.
So you like photography?
If you are into photography there are lot of websites on the Internet where you can go register and sell your photos, even your videos.
This is more of a volume game. More pictures you send for approval, More pictures get approved and And you will be able to make good income.
You can also convert your passion of photography to an Internet abundant business as well. I will explain what Internet abundance business is as well, in a bit.
You’ll be able to build your own websites and put your own pictures and videos for sale in your own website.
Set up an e commerce store and partner with supplies to handle product storage and shipping.
You’ll be able to sell any product anywhere in the world sitting at your home.
You don’t need a warehouse you dont need an Office or employee. You can be a one person show.
Alibaba.com is one of the most popular websites where you can get products for dropshipping.
This has its own set of challenges and may require more of your time. So do a little bit of research before you jump into this.
Good in designs?
You can start selling your designs in many different websites. You can create templates. You can create mockups. You can create presentations. There is no limit to the things that you can design.
For every design of yours, there is a market out there. And there are platforms where you will be able to list your designs.
You can sell your designs in these platforms, or you can sell it in your own website.
And creating designs have become very easy with canva. They have ready made templates that you can alter a bit, change some colours. Maybe add or remove elements and list them as templates in other websites.
Canva themselves pay creators who upload their designs in canva
Interested in generating multiple income sources?
Internet abundance business is about creating a profitable business on the Internet which will give you these things.
- Time flexibility : Work whenever you want
- Location flexibility : Work from wherever you want
- Financial freedom : Multiple streams of income. Passive and active sources
- Time freedom : Once you have everything set up. It only requires a minimal amount of time of yours.
- Rapid scalability : The entire world is your playground. So easy to scale.
- Personal and professional growth : When you build a business like this, there will be continuos learning You will be connecting with different kinds of people. It will help you in growing your network and also help you in growing personally & Professionally.
This is more like work from home kind of a business. I do a Webinar every week on Internet Abundance Business. You can learn moere about it by attending the Live Webinar.
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