Online Business Ideas You Can Start At Home In 2020

It can be as much as a business or a side job if you want to earn extra money. It all depends on how much time you want to spend working on it. 

What you’re looking for is a small list of business ideas that are proven to make you at least $100,000 a year where you can start right now and could actually make you leave your daily 9-5 jobs. That’s what you will find here today.

Please understand, if you want to build your own online business and make a living out of it, you need to treat it like a real business and invest your time in it. The more time you’ll spend on your business, the more likely you’ll build a successful life from it.

Remember – SUCCESSFUL LIFE = FINANCIAL FREEDOM

1. Start a Blog or Website

Remember the time when there were no social media, no internet, no devices that we use now every day? There used to be only newspapers and books from what people could get some information. At that time, if you wanted to learn something, you had to go to the library. 

As time goes on, technology evolved, and now we can find any information we like in a matter of seconds. About 70% things in Google are blogs, that is where people share their knowledge – it’s like an education center. 

It’s obvious that people are reading blogs. In my opinion, this is the best idea to start your own first online business. You can actually earn unlimited money if you do it right, and you don’t need large investments to begin with.

You can write blogs about almost anything you like. I personally recommend you to write blogs about what you actually know what you are talking about or what you would like to learn for yourself.

Ways To Earn Money With Blogging

  • Ads

By displaying ads on your website, you will earn from a couple of cents to a couple of dollars per clicks. The more people visit your website, the more clicks you’ll get – that’s how you earn your money from ads.

  • Affiliate Marketing

You don’t need to sell your own products, you just need to advertise other people’s products that they are selling for example on Amazon. You’ll get a commission for every time people buy a product that you encourage them to buy.

It may be hard to earn money this way at first, but that’s how bloggers earn most of their income. 

To start earning from the affiliate market, you need to build trust with your viewers at first – only then you can recommend products that you think are great to buy.

  • Sell Your Own Products

You can sell what you wanted to sell, would it be some sort of technology, courses, merchandise, or membership. It’s your website, sell what you think people would buy from you. 

  • Sponsorship

Sometimes people/other companies/bloggers can ask to write about a specific product, review about something, or advertise their website and you can earn money this way.

2. Dropshipping

It’s true that the more technology moves forward, the more people become lazy. Ask yourself, how often do you order something online instead of going to the store yourself. 

I’ve heard even that there are people who order online everyday items like: toilet paper, toothbrush, toothpaste, shampoos, etc.

It’s safe to say, that in the near future more and more people will use online stores.

Also ordering products online is not only easier way to go shopping, but it is a safe way to shop, for example in our World while the virus COVID-19 is spreading, we need to be extra careful and keeps social distane.

By shopping online, you can now buy anything while sitting at home in front of a computer, and you’re also saving your time which is a good thing

In the dropshipping business, there is a large number of people that are trying to become successful, so it will be hard knowing that there is a huge competition in this business. 

But remember, even if you going to start something new (not talking only about dropshipping, I mean anything in life), people are going to do the same thing as you. THERE’LL ALWAYS BE COMPETITION.

How dropshipping works:

Basically, you buy products for example from China and sell them to other countries like Europe or the USA. The profit comes from buying a large amount of the same product because it will be a lot cheaper (and I mean A LOT) and sell them individually to your clients. 

There are a couple of platforms to start your business:

  • Amazon

It depends on what you are selling, but I believe Amazon is easier to work with. They have a thing called Amazon FBA (Fulfillment by Amazon). If you yet didn’t hear about it, they do almost everything for you.

Amazon FBA is a service that provides storage, packaging, and shipping assistance for sellers.

Of course, they will take some % for the job, but it’s much easier and faster. 

  • eBay

The problem with eBay is that they don’t have such a system like Amazon FBA. So you will need to do everything by yourself, from buying products – to selling them. 

You’ll need more investments for working on this platform because you need a storage for your products, and you’ll be shipping products yourself.

With the dropshipping business, people are earning $100,000+ a year with no problem. There are actually a lot of sellers whose income is more than $500,000 a year. But remember to be at that level you’ll need to face a huge competition. 

You’ll need reviews on your profile, good stats, happy clients, and then Amazon can rank you on their first pages.

3. Freelancing

This is a perfect little side business which you can start working on if you have time to spear. If you’re good at something and you want to earn extra money, this is for you.

It doesn’t matter if you’re good at writing, designing, programming, being an agent, or whatever it is, you can use your skills to earn money.

Using a platform like Upwork you can find jobs for yourself that you can do at home. 

You just need to register, build a portfolio, and start looking for jobs you want to do. 

Don’t look for large jobs at first, you need to build your profile at first. Why I’m telling you this because you need to pay Upwork a couple of dollars to send messages to job owners.

In other words, if you won’t get applied to a job, then you are just throwing out your money. So remember – be patient, and start will small jobs. 

When you will build a strong portfolio then you can apply for larger jobs. 

The income is very different on Upwork, it depends on what are you doing. I myself tried with a web designing job. Income is very high.

You can actually start applying for smaller jobs and earn about $200-$500 and do it in a day or two. 

Larger jobs can be rewarded with $2000-$10,000.

Everything depends on how skilled and motivated you are.

4. Start Building Websites

As technology goes forward, everything becomes online right now. Every business needs a website, every store, literally, everything needs a website right now.

Every serious business which are or will be successful needs a good looking and operating website.

If you thinking of a new profession for yourself, start learning web design or web development. It’s a pretty interesting business with a large income. 

Remember, people, not only going to pay thousands of dollars for a website but also for managing that website. So even when you will sell your website to a company, you’ll be paid every month for looking after it.

A few tips for starting a website company.

  • Build a good portfolio. People will want to know what you are capable of.
  • Target local businesses. Have a conversation with business owners and ask them to update their website for little money.
  • Don’t be afraid to work for free, especially at the beginning. You need to advertise yourself as much as possible.
  • Record every positive feedback, especially if those businesses gain more traffic to their website.
  • Start with small jobs, if you will get the opportunity to work on a big project – DO IT!

When you’ll have more projects coming to you, think of a way to make them faster. For example, build a company, have people working for you. The more people you’ll have, the faster your projects will be done.

Don’t forget to train yourself working with websites and mobiles. More traffic is coming from smartphones, so it’s important that websites would look good and function properly both on computers and phones. 

It’s also important to work with apps. It may be harder, but rewards are higher.

5. Start Creating Videos

Look at Youtube, how much famous youtubers are getting paid. A lot of them just film themselves having a good time. You can start vlogging if you like, but I’m here to tell you how you can earn money if you are a shy person. 

You can actually earn extra money from Youtube having a regular day as you have it right now. You just need to film a bit of it.

For example, if you are a truck driver, probably you see beautiful views or have a nice truck. Put a camera in your truck, or on your head and record your day. 

It probably sounds funny right now, but I’ve seen great videos people driving their trucks in Norway, USA, Canada with gorgeous views. They just upload themselves driving for 15 minutes and get 500,000k – 2,000,000 views on Youtube or even more. 

If you travel a lot, record your trips.

If you want to try flying a drone, go for it. I’ve seen amazing videos of people flying their drones in Switzerland. You can make very beautiful videos with drones.

Be creative, think of a way how can you use the Youtube platform for your own business.

When you will gain a large number of subscribers on the platform, you will be offered to advertise other companies in your videos.

Business Videos

If you would like to get into a full-time business with creating videos you can start making videos for other companies. 

Go to local businesses, speak with owners, and ask them if they need a video for advertisement. 

If it’s a construction company asked you to film. DO IT.

You can actually make an amazing video flying your drone in a construction field if you do it right.

If you don’t want to fly a drone, use a normal camera. You can make beautiful cinematics shots with it. 

Local businesses often need just regular explainer videos that are only a few minutes long.

You can earn up to $5,000 per video from a business company or even more. But you need to be good at creating such videos. The better you are – the better is the reward.

Remember – competition is everywhere. Don’t be afraid of people that are doing the same thing. And don’t give up when you’ll do it a few times and won’t get a result you expected. 

If you see people doing the same thing you are, learn from them. Find why they are better than you, think outside the box, and become better than your competitors.

Don’t expect to earn money in a month or two… Maybe in half a year or even after a year of hard work you’ll get your income. But if you’ll do it for NO MONEY, think of how you will be motivated when you’ll finally receive a good amount of money. 

Don’t think too much. If you have an idea of what you want to do – DO IT! 

Don’t overthink it. There will always be pros and cons to any business. 

Don’t waste time thinking about how it would be like… what if… 

START DOING IT RIGHT NOW!


If you have any questions, feel free to ask down below in the comment section!

Please comment down below, what’s your opinion on this topic. Write any suggestions about what would you like to read next. 

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