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What online business idea should I choose?

This is a discussion on What online business idea should I choose? within the General Business forums, part of the Business category; Hello friends I really want to make six or more figures online. I have a few online business ideas but ...

  1. #1
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    Default What online business idea should I choose?

    Hello friends
    I really want to make six or more figures online. I have a few online business ideas but I am not sure if you think any of the ideas are profitable and could make me six or more figures a year? The online business ideas are....

    Idea 1. The first idea is a website where I sell office chairs. I would get the office chairs from a dropshipper and drop ship the chairs, or I would get them from a wholesale company and ship them myself. Since many home businesses are starting, more people are buying office furniture for their home business. Office furniture is a billion dollar industry. I heard of a kid named Sean Belnick who grosses 24 million dollars a year from selling office chairs online. I know there is some competition in this industry, but not too much. Do you think this online business idea could make me six or more figures a year?

    Idea 2. The second online business idea is a website on songwriting. The website would contain a ton of content through articles, how-to's, and reviews on the topic of songwriting since I have a lot of knowledge about the topic. Once I get traffic, I would ad some ads, google adsense, and relevant affiliate products on my site to monetize. Do you think this online business idea could make me six or more figures a year?

    Idea 3. This idea is cool, but since there are already sites that do this, it could be challenging. The third idea is a website where users can buy, trade, and sell gift cards for money. I would make profit by charging the seller a small fee if their gift card makes a successfull sale. Do you think this online business idea could make me six or more figures a year?

    Idea 4. I like this idea a lot. The last idea is a website where users who sign up for free can submit their origninal songs (that they must have rights to). Other users can listen, rate, comment, and share songs with friends. Submitted songs can be entered into the top 10 list by having the most hits and best rates. Users can also friend eachother and chat in a chat room. Say a user submits a new song, he can choose the option to have all of his friends notified about the song. So basically the site is an online community where users can listen to new music, share, comment, post original songs for feedback, and communicate with other members. The site would be free to use, but I would make money from ads. I am getting a quote from a web design firm right now, but I would probably be paying 5-10k for this site to get up and running. Do you think this online business idea could make me six or more figures a year?
    Out of all the ideas, I think Idea 1 is the most profitable since I would be making $100 dollar profit per chair, but I want to hear what you think. Do you think any of these online business ideas could make me six or more figures a year?
    Keep sharing

  2. #2
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    Default Re: What online business idea should I choose?

    Hi

    The best online business opportunity is only going to require a minimum investment. The profits will be steady, not an overnight get rich scheme. The business opportunity that you choose will not make you a millionaire by the next day or even next week. The product or service you provide can be quite profitable but you will have to invest a little time and effort into making this happen.
    The possibilities are endless. There are businesses for everything imaginable. All you have to do is look at the ones that are available. They range from practically anything you need, want, or did not know you needed until now. Household items, business items, auto accessories, and gift ideas. The seasonal items will amaze you. Anything that you can imagine is being sold on the internet.
    Choose something that people are looking for all the time. The best thing is a product that people need. The public buys things they need more often than those they want. Especially with the shape of the economy today, many people are cutting back on extras so they can afford the necessities. The business opportunity that is waiting for you may be your way to generate a profit from home and be the start of something huge. Profiting from an online business opportunity is quite possible.

    Thanks

  3. #3
    Senior Member Array energizedit's Avatar
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    Default Re: What online business idea should I choose?

    The easiest and the one that will require the least capital to start is probably 1. The others will need some serious programming skills to make the site do what you want and that could get expensive quickly.

  4. #4
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    Default Re: What online business idea should I choose?

    Hello
    If you don’t believe that it’s POSSIBLE for you to have a successful home based business or make your living from home, you won’t. It’s that simple.
    For me, figuring out that it was possible was just a matter of realizing that many other people were ALREADY making great money working from home. If they could do it, I could too. It would just be a matter of figuring out what those people were doing and then adapting it to my situation.
    There is no shortage of undeniable PROOF that people (millions of them) are making money working from home. Just get online and do some research and you’ll find countless testimonials and stories of REAL PEOPLE making real money on the Internet. Or head to your local bookstore and you’ll find the same documented evidence of this fact. Truth is, it’s getting easier and easier to make money with your own home based business.
    I’ve always said that “affiliate marketing” (a simple way to make money from home) is the job of the future. In the old days, you had to go to a potential employer, apply for the position and hope for the best. Now you can simply go to any company you want, fill out their affiliate application and start work immediately. Affiliates are the new working class. In fact, making money with affiliate programs or making your living on the Internet is WAY MORE than possible. It is pretty much (or will be soon enough) unavoidable now. Affiliate marketing is the “job” of the future that’s already here TODAY.



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