With the current high unemployment rates and recession, many out of work employees are exploring ways to replace lost employment income or to start a side hustle and bring more money in the door. Many people are building side hustles in hopes of turning them into full time income generators.
But what do you need to know before you start your business? This article is designed to help you think through your business idea and how you want to show up on the internet. This is information that I wish I had known before I started my business, because had I known then what I know now, things would be a lot different for me.
So, I want to save you the grief and teach you what I know now to help you get an earlier start on setting up your online business to make money and to overall be successful. This article may contain affiliate links that if you sign up for these products I may make a small amount of money for the transaction.
Businesses that make money right away are the ones that you can start with little overhead costs and low barrier entries. Having a marketing plan and a plan to get visibility on your business is a smart move because without paying customers, there is no business.
Social media is a great way to get the word out about your business at a low cost. Most businesses try to build a social media following and launch their products or services to them.
What are the best businesses to start with little money?
Businesses that make the most money are the ones that are watching their profit line. The best businesses to start with little money are the ones where you are selling a service that you are already an expert in.
For example, a coaching business can be started with little overhead. You need to build a website which can be low cost if you do it yourself, and if you are using a SEO ranking strategy you won’t need to pay thousands of dollars for advertising to increase the visibility of your business. Then you need your CRM to store the email list that you are building which is minimal cost as well. Once you are able to get clients you can start coaching right away from your home.
Basically, by starting a business from home reduces the costs of starting a business. Product based businesses tend to require more costs upfront in order to have inventory on hand to sell. When you are selling services that don’t require equipment, that is the best way to keep costs low.
Unusual side hustle ideas
There are so many business ideas that can work. I can’t tell you what the best ideas are, because even the best ideas don’t succeed in business. What you do need is an idea and a need for this idea in the marketplace.
Your product or service that you are offering should be a unique way of resolving a pain point for someone. For example, if you are a blogger you need to blog about things that people want to read about, but offer them in your own unique way, which differentiates you from other bloggers.
The more unusual the side hustle won’t guarantee business success, but it may tap into a market share that desperately wants or needs your service.
Tech startup checklist
When you are building a website you need to find the best platform for your website. Professional bloggers often recommend going with WordPress because of its SEO capabilities and you have a better chance of ranking higher using this website, or so I’m told.
You will need some systems in place to support your business if you are setting up a website and want to collect emails. Building an email list is essential if you want to sell products or services. The money is in the email list, and you will own that email list, unlike followers on other social media platforms.
If you are planning on doing some heavy SEO research, which is recommended, you’ll need to invest in a SEO software to help you with your keyword research.
Be sure to set up your social media accounts for your social media proof.
The best businesses to start with little money are blogs. Once you start ranking your website and building up your domain authority you will start receiving traffic on your website and you can sell your products and/or services.
Where does my website rank on google?
This is one of the most common questions asked. Google website ranking is important for your business to get visibility. Google website rank checker tools can come in handy. Google keyword ranking needs to be taken into consideration when building your website.
Have you ever noticed when you google a query that most people tend to look at the top 10 results of that query? Ranking on a search list is prime real estate in the land of google. Everyone wants their post to land on the first three spots on a google search. Ideally, the top spot is best.
There are search engine optimization (SEO) strategies that you can follow to ensure you get listed in the top real estate, but that takes a strategy.
When I was starting my business I knew that SEO was something I needed to take into consideration, but I had no idea that there was a huge strategy involved. It wasn’t for a lack of trying. I followed SEO experts and absorbed any tips that would offer, I registered for Neil Patel’s course on SEO which only left me more lost about SEO than anything, and I bought a workbook about SEO that offered fruitless tips.
What I didn’t know was that I needed a SEO strategy BEFORE I even started a building my website. This I learned from Elisabeth St Pierre, an expert blogger, who has a course on how to build your blog and optimize your SEO.
In my honest opinion, this is the best online course I’ve ever taken, but it’s not an easy course. It’s packed with valuable information and priced so reasonably, and it clears up all the misconceptions about how to build a blog and seo. This course outlines the concepts and strategies that you need to build a website that will rank on google.
So when I built my second website, I did so by taking into account all the strategies that I learned from this course and implemented them. Now I am building my business through SEO and google website ranking.
Thebusinesssociety.co was created on May 1, 2021 at zero. So depending on when you are reading this article, you can check my domain authority and see how much I’ve built it. The website should start ranking within three months, by August 1st, and then keep growing.
If the strategy works, the proof will be in three months from now. I will check back and confirm the growth strategy.
Google keyword ranking and the strategy behind it is essential for building a successful blog. Using key words that will have you ranking on different searches, starting with the lower hanging fruit, is key to a blog success.
