this post was submitted on 27 Nov 2023
1 points (100.0% liked)
Entrepreneur
0 readers
1 users here now
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Starting an online business with a $50,000 investment provides you with a solid foundation. Here are several promising online business ideas to consider:
E-commerce Store:
Start an online store selling products. You can either create your own products or opt for dropshipping, where you partner with suppliers to handle inventory and shipping.
Affiliate Marketing Website:
Build a niche affiliate website where you promote products or services and earn a commission for every sale made through your referral.
Online Coaching or Consulting:
If you have expertise in a particular field (e.g., business, fitness, life coaching), start an online coaching or consulting business. Offer one-on-one sessions or group coaching.
Digital Products and Courses:
Create and sell digital products like e-books, online courses, or software. Platforms like Udemy, Teachable, or Gumroad can help you distribute and sell your digital products.
Subscription Box Service:
Launch a subscription box business, curating and delivering niche products to subscribers on a regular basis.
Dropshipping Business:
Build an online store without managing inventory. When a product is sold, purchase it from a third party who ships it directly to the customer.
Content Creation and Monetization:
Start a blog, YouTube channel, or podcast and monetize through ads, sponsorships, affiliate marketing, and merchandise.
SaaS (Software as a Service):
Develop and sell software solutions to address specific needs. This could include project management tools, productivity apps, or niche software for a particular industry.
Social Media Marketing Agency:
Offer social media management services to businesses. Help them with content creation, strategy, and advertising on platforms like Facebook, Instagram, and Twitter.
Virtual Assistance Service:
Start a virtual assistant business, providing administrative support, email management, scheduling, and other services to businesses and entrepreneurs.
Print on Demand:
Create and sell custom-designed merchandise (t-shirts, mugs, phone cases) without holding inventory. Products are printed and shipped when orders are received.
Digital Marketing Agency:
Provide digital marketing services such as SEO, content marketing, and PPC advertising to businesses looking to establish or improve their online presence.
Health and Fitness App:
Develop a health or fitness app, offering workout plans, nutrition guidance, or wellness tracking features.
Niche Subscription Service:
Create a subscription service focused on a specific niche, such as gourmet snacks, eco-friendly products, or specialty teas.