“I want to start a business, but have no ideas” is a thought that many people have. And this is completely understandable – we live in turbulent times, where a lot of ideas are raining from people on YouTube, your friends and all social networks in general.
At the same time, the desire of young people, and even older people, to break free from the shackles and mediocrity of the 9 to 5 job is growing strongly. As a result, these ambitious people want to start a business, but have no ideas and don’t know what is the best option for them.
That’s where I come to the rescue – in this article, i’m going to introduce you to the 3 best options for starting a business in 2024. Let’s not waste time and check them out!
I Want To Start a Business, But Have No Ideas: 2024’s Best Options
In This Article ⤵️
- ROI Agency
- Create a Website
- Blog Website
- Tool Website
- Affiliate Marketing Website
- E-commerce Website
- YouTube Automation
1. ROI Agency
- Earning Potential: Varies, With Huge Potential ($50k+ per month)
- Difficulty: Medium to High
Starting a ROI agency is for sure one of the best businesses worth starting in 2024.
The way the business works is simple. There are countless service providers that businesses pay from $1000 to $10k dollars a month for, such as email marketing, seo, paid advertising, etc. Some of these service providers are very good at doing/fulfilling the service, but have problems to find clients for. All you will be doing is to connect the two!
You need to start searching and find businesses that need the services, and of course, find great service providers that can actually fulfill the business’s needs and leave them fully satisfied and hire them as contractors.
One of the main reasons why this business model is great is the fact that it’s basically a 0 risk business. Why – because you will be paid upfront and you will pay the service provider their portion only after they do the service for the business. That’s awesome, right?
Usually the amount you would pay the service providers is 10% – 50% of the revenue. This makes this business model superior to start as a beginner.
2. Create a Website
- Earning Potential: $500 to $10k Per Month
- Difficulty: Relatively Easy to Medium
Creating a website is a great way to start a business. Why – it doesn’t require a lot of knowledge and capital and anyone, regardless of age, can start today!
Another reason is that the bulk of your future income is in passive income, which is the most preferred model of making money, and rightfully so. Passive income allows you to work from wherever you want, when you want, and as much as you want, giving you plenty of free time.
This business model has the potential to be a profitable side-hustle and make you an extra few hundred dollars a month, or completely replace your 9to5 and ensure your financial independence.
There are 4 main types of websites that we will describe briefly – blog website, tool website, affiliate marketing website and e-commerce website. You choose the best option for you and you can start your online entrepreneurship journey today!
Blog Website
Every single person knows and understands something that a lot of people have no clue about, right?
That’s the reason why blog websites are trending right now – it’s giving people the opportunity to start an online business from home and make a living by sharing and writing about a niche they know and understand pretty well, or have a passion about.
Not only are blog websites trending and a great way to start an online business, but nowadays it’s easier to write than ever – you can leverage AI to help you with generating ideas, titles and even text for your articles!
In order to build a successful blog that generates passive income, you need to implement SEO strategies and learn how to generate traffic to your site. Why – it is the traffic that will generate your money.
It is very important to diversify your income streams. This will ensure greater income and a constant income stream – if one of the income streams doesn’t generate good money this month, the other ones will, and even compensate. The main ways you will make money are with Google Adsense, affiliate marketing, sponsored posts and digital products like e-books, for example.
Creating a blog website nowadays is easier than ever – it can be created in just minutes with the powerful AI website builder 10Web. 10Web uses the power of AI to create the website of your needs, and all you will need to do is to type in your preferences. To learn how to create your website with 10Web, check our article about the topic.
Meet the Game-Changing Ai Website Builder – 10Web
Tool Website
Let’s assume you don’t have the time or the passion to create a blog website and write blog articles. That’s completely fine – you can create a tool website. This type of website offers users access to a variety of useful tools, typically focused on a specific industry.
For example, you might create an SEO tool website that offers a suite of tools for improving search engine optimization, including keyword research tools, backlink checkers and/or content analysis tools. The best way to start your tool website is to buy and download an already made script from CodeCanyon.
This way, all you will need to do is to buy it, and maybe edit a thing or two. And of course, you need a web hosting provider – 10Web and Dreamhost are the best by far.
10Web offers powerful AI website builder, personal AI assistant and instant pagespeed optimization. Dreamhost offers very cheap pricing, starting from 2.59 per month, reliability, free domain for 1 year, established reputation and more.
Affiliate Marketing Website
Affiliate marketing websites are designed to promote products or services from other companies. The website owner earns a commission for each sale or lead generated through their affiliate links. Successful affiliate marketing websites often focus on a specific niche to attract a targeted audience.
This website type has huge potential to generate large amounts of money. When building trust and credibility through honest reviews and valuable content, these websites will convert visitors into buyers, generating you passive income.
E-commerce Website
An e-commerce website allows you to sell products or services directly to customers online. This type of website requires a robust platform to handle inventory, transactions and secure payments. E-commerce websites can range from small niche stores to large-scale online marketplaces.
The best e-commerce platform to start an e-commerse site, to handle inventory management, transactions, secure payments and other essential functionalities for building and running an e-commerce website is Shopify. Shopify is the most convenient and feature-rich platform for building e-commerse websites by far.
Your Revenue will be generated through product sales. And, businesses can enhance their profits by offering upsells, cross-sells and implementing effective marketing strategies like email campaigns and social media advertising.
How To Generate Traffic To Your Website
3. YouTube Automation
- Earning Potential: Varies, With Huge Potential ($10k+ per month)
- Difficulty: Medium to High
Being a YouTuber is one of the dream jobs of the youth in the United States. And the reason for that is clear – with YouTube you can make a lot of money while doing what you love.
But here is the problem – a lot of people don’t want to show their personality/face and do not want to take the very big responsibility, headaches and even anxiety of having a YouTube channel in which personal presence in the videos is necessary. That’s where the YouTube automation strategy comes in!
YouTube automation involves creating videos without showing your face ever! Here is the blueprint:
How To Start: Step-by-Step
First, you should choose your niche. There are tons of niches and a lot of hot ones – an example of a hot niche is movie recaps.
Second – you need to get video ideas. If your first thoughts were that it’s hard, that’s far from the truth – there are millions of videos on the platform already, so getting such is relatively easy.
Third, you need to create a script for the videos. This can be done by you, ChatGPT or hire somebody to do such for you from places like Fiverr. But, if you don’t have a budget – you can simply create them on your own with the help of ChatGPT.
Fourth, you need to get a voiceover artist who will narrate the script out, or again – you can do that on your own or use an AI voiceover, but a human narrator is recommended.
The fifth step is to edit the video. The editing may be the hardest part, but it’s still not that hard, especially for people who are somewhat deep into the internet/video world.
The last step, and the most important one – create an appealing thumbnail. A good thumbnail is the key to getting a lot of views. Small investments for thumbnail artists will be a great idea – find such in places like Fiverr. But, if you don’t have a budget, you can still create them on your own, but make sure to learn now to create appealing thumbnails and focus on creating great ones.
All of this is not easy to do, especially if you are a beginner who wants to start a business, but have no ideas. But, after couple of months of consistent work, you can expect to start making at least enough money so you never have to start a 9-to-5 again!
