The 3 Best Online Business Models for SoloPreneurs Today

best online businessLike the sound of working from home, running your own Internet based business?

Then read these 3 facts

1. You can be a beginner
2. You don’t need sales experience
3. You don’t need tech skills
4. You don’t need investment capital
5. You don’t need to be a business owner

Ok, that’s 5 facts. See? You don’t even need to be good at math!

There are 3 best online business models that make it possible to become an EntrePreneur for practically anybody. And that’s what I’m going to show you in this guide:

The Best Online Business Ideas to Start Working From Home for Beginners and New SoloPreneurs With Little Money [Hint: I do all 3]

Let me start by saying that these are real, proven, successful business models. They are easy businesses, and you can get started in just one day (I’ll show you how in a moment).

These models are ideal for beginners, startups and established businesses (you can simply add one of these models to your existing business).

So let’s get started:

1 – The Best Online Business Opportunity Right Now

Without a doubt, the top online business model today is Amazon FBA. This is hands down the most exciting opportunity for all aspiring EntrePreneurs.

Here’s a thing I can tell you:

I sell three brands on Amazon as a private label seller using the Amazon FBA model. I’m a one-person business and I work from home.

Here are some of the benefits of this business model:

  • you can work from anywhere in the world (just bring along your laptop and make sure you have WIFI)
  • you can spend an hour or less a day on your business (sometimes I spend an hour a week on my Amazon business!)
  • you don’t need to stock (or send) any products – Amazon takes care of that for you
  • you don’t need a lot of money to get started (I started with $300 to buy my first product)

Getting started is easy and you can set up your seller account in less than an hour.

Here’s my free guide on how to sell on Amazon:

fba guide and tools

2 – The Best Online Business Model That Requires Little Money to Start

Similar to the Amazon FBA business model, is drop shipping. Having your own online store makes you a e-tailor is also a great way to work from home and run a business online.

I spent 5 years working in ecommerce setting up online stores for clients in 21 different countries, and I’ve seen clients who could barely use a mouse generate thousands of dollars per month with an online store (hint, one sold drones, and boy did that guy do well…)

Here are some of the benefits of this business model:

  • you can work from anywhere in the world (just bring along your laptop and make sure you have WIFI)
  • you can spend an hour or less a day on your business (when things are all set up, I spend time only dealing with orders, and that’s time well spent!)
  • you don’t need to stock (or send) any products – your dropshipper takes care of that for you
  • you don’t need a lot of money to get started (just a few dollars to cover the monthly cost of your online store)
  • you don’t actually need any money to buy products, because you only pay for what you sell

Getting started is easy and you can set up your online shop in less than an hour or two.

Here’s my free guide on how to get started with your very own Drop Shipping business:

guide to dropshipping

3 – The Best Online Business to Start With No Money

The third best online business today is affiliate marketing.

Affiliate marketing is the bread and butter of bloggers and content creators. Essentially, you promote somebody else’s product and you get paid for each sale or referral.

Technically, this may seem like the easiest business model to get into, and it can be so if you plan to promote those products on social media and on third party platforms.

If, on the other hand, you want to promote affiliate offers on your own blog, then you’ll need to know how to set up a blog or pay somebody to do so for you. In that sense, Amazon FBA and Drop Shipping are easier models to implement.

Here are some of the benefits of this business model:

  • you can work from anywhere in the world (you don’t even need to bring along your laptop unless you want to check your stats)
  • you can spend an hour or less a day on your business (during those times when you want to find new affiliate offers to promote or set up)
  • you don’t need any money as there’s nothing for you to buy

Here’s my recommended resource for starting your own online business

A Video Summary of The Best 3 Online Business Models

Summary

Working from home as a SoloPreneur running your own Internet based company has never been easier. Technology makes this a reality and tools make it simple and fast to implement.

The above three models are the best online business ideas today, based on the following facts:

  1. speed of implementation (you can get started in a day)
  2. low cost (you can get started with little or no money)
  3. success rate (many EntrePreneurs have been created using these three business types)

Finally, you can grab a super-plain summary of the above in this pdf here.

I hope you enjoyed this post – please share it and let’s all kick butt together!

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