Online Business Ideas: How to Find Them and Where to Start 71

where to find online business ideas

If you’re smart and want to achieve more in life, you already know that the Internet offers plenty of opportunities to start making an income, do what you love, create products people enjoy, or run any other type of business remotely that will make a difference out there.

You know you want to be part of that, but where do we start?

Where do we find online business ideas, how do we know whether it will work and what are the steps after that?

Don’t worry. It doesn’t need to be that difficult. It is, however, something that will take a lot of time, patience, energy and mistakes on the way. But if so many other people have done it before you, I don’t see anything stopping you from building something profitable online and taking things to the next level expect for your excuses and fears.

Let’s remove these and focus on finding your business idea today, among so many others, so that you can take action sooner.

4 Steps to Finding Online Business Ideas Today

1. List your skills.

It all starts with what you’re good at, what comes naturally to you. That’s what you can eventually master. Because in a world of mediocrity, it’s always great to use talent as the foundation of your business and let it take you to the top.

2. Find your passion.

You should also love what you do. You can’t just browse online business ideas in a field you find boring, pick one and start building your empire.

Instead, you should first niche down, get specific about your interests, hobbies and even what you enjoyed as a child.

Because the online business you’re about to create will take a big portion of your time, you must be committed and give it all your time. If you’re passionate about it, however, it won’t feel overwhelming.

3. Do your research.

Dedicate more energy to that phase as there’s a lot you can be missing which may turn out to be crucial.

When looking for online business ideas, you need to take a look at your competitors, see what they are doing and ask why. Then, comes the market research. You’d want something that will be profitable 5 years from now too.

Here’s the part where you read a lot, talk to people, browse archives and data, and more.

4. Define the problem and figure out the solution you can create.

Every successful business out there, any product people love, and anything meaningful on the market really, is a result of a common problem.

If you’re building a software, it may be a tool to help people be more productive, let business owners communicate with their employees more easily, freelancers get paid immediately, or else.

You may realize that an eCommerce website if what you’ll enjoy the most. Here are 10 places to find ideas for one, plus examples.

If that’s the case, you’ll want to ask people for feedback on what you’ll be selling and see if there’s potential in it. You’ll want to have buyers before you’ve moved onto creating the product or service, as that’s what takes most time.

Once you’ve found online business ideas, it’s time to take action.

Build the minimum viable product.

In the online business world, you aren’t a perfectionist, you don’t wait for the right time or for when your product has all possible features. Instead, you create an initial version fast, get it out there, see how people react and make changes to improve it.

It’s a process of constant innovation. Whatever you do, make sure you’re building something today and planning on launching it soon.

Start building your personal brand.

If you’re going to become someone online, you’ll need to be known in your field.

Create your website today, be on every social media, join communities and forums, be where your potential clients are, connect with influencers.

To be taken more seriously and not look like an amateur, you’ll need to invest in the design of your website, maybe hire a writer to update your blog, stay up-to-date on the latest events in your field and share your opinion on that on social media.

Create a logo (here’s a nice resource to help you do that), take professional photos, invest time in your About page, make business cards, start attending events nearby to also connect with people offline.

That’s how you find online business ideas but how you also validate them and start taking action.

What about you? What online business ideas do you have in mind and where will you start?

Get The Lifestyle Designer's Digest
Directly into your inbox every Monday.
Previous ArticleNext Article

7 Quick Tips on How to Be More Successful in Everyday Life 6

If Life Were a Game, What Would Your Score Be? [FREE 10 Minute Assessment]

Everyone dreams about being successful. But what is success?

For you, it could be building a company, getting promoted at work, generating wealth, or more humble ambitions, such as being the best parent or partner. While success looks different to each person, we all have an innate desire to achieve.

No matter how you define success as an individual, here are some habits you can adopt to become more successful in everyday life.

1. Be Focused.

There are distractions all around us, from social media and smartphones to friends and family. While everyone needs some ‘me time,’ to be successful, you also need focus. As such, cut out distractions and set aside time to work towards your goal.

Remember: There is always something productive you can do.

2. Aim to Learn.

It can be easy to get hung up results but being successful is about more than the outcome. The key to being truly successful is about learning. This allows you to grow and adapt, changing your approach and leading to improvements. As such, make learning a goal. This will also help to keep you motivated, too.

3. Be Prepared.

Being prepared is essential to increase the chance of success. This can be applied to almost any situation. Whether you are expecting your first baby, have an upcoming exam or interview, or are considering CFD trading, all require research and preparation.

4. Stop the Excuses.

When something goes wrong, it can be easy to dig your head in the sand, but this is not a habit of a successful person. Instead, take responsibility. Stop your excuses, work on your weaknesses and make improvements. The onus is on you to be successful so step up, set challenges and drive yourself forward.

5. Be Happy.

You may be focussed on earning more money, or you may have a goal to buy a flash car. But if you’re working a job you cannot stand, putting in too many hours and sacrificing time with the ones you love, you could quickly start to feel miserable.

Increase your happiness and make it a marker of your success, even if it takes longer to achieve your goals.

6. Feel Grateful.

Success is often less about material possessions or goals than it is about changing our perceptions.

This is why it is important to start recognizing the good things around you. Recognise and feel grateful for what you already have and you will soon feel very successful indeed.

7. Start Failing.

This may seem counterintuitive, but failure is a big part of success. It helps to highlight the things we do not want and essentially provides clarity. A little failure never hurt anyone. After all, no one has ever become successful without first experiencing failure.