Best Online Business Ideas – An online side business is a way to make some extra income other than your full-time job. Or we can say an online side business is an extra job you take to make more money.

For example, you have a full-time job as a Software Engineer, but you can also start Freelancing to make extra money.

Starting a side business can be a great decision whether you’re trying to replace your day job or are aiming for financial independence.

There are many different ways to earn money through side jobs, so you can pick one that appeals to you. In this post, you’ll discover;

• Top easy side businesses to make money
• The best ways to make money from each of the top side businesses, and much more

So let’s know more about them in detail.

1. Start a Blog

If you are looking for a great way to build a solid income then starting a blog could be a GREAT choice.  The best aspect is that starting a blog and sharing your ideas to the world is quite simple. Blogging has a ton of advantages, such as enhancing your online visibility, generating income, connecting with influencers, etc..

How to start

The first step is to choose a topic for your blog. Here a profitable niche comes into play.

Once you’ve chosen a topic, the next step is to choose a blogging platform.

There are many platforms to choose from, each with a unique set of features and capabilities. The self-hosted WordPress platform is what we advise. Once you’ve decided on a platform, it’s time to start writing, drive visitors to your blog, and monetize it so you can start earning money.

How much money you can make from blogging ?

The amount of money you make from blogging is directly depends on your experience, abilities, and the audience you choose to target.

There are many bloggers who generate $100,000 every year. Most of the beginner bloggers earn around $500 to $1000 per month if there are 1K visits/day on their blog.

Affordable approach to launch a business blog.

To start a professional blog website, you need a self-hosted WordPress platform.

To use WordPress, you need to purchase a domain and web hosting.

So to start a blog within a small budget, We recommend you to buy domain through WordPress as it offers free domain for one year and then host your website through Bluehost (25$/year) or Hostinger (10$/Year).

Here is the guide that How to Start a Blog in 2023

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2. Create a YouTube Channel

“Starting a YouTube channel” is the easiest way to build an online presence and earn a passive income.

Whether you’re into vlogging, gaming, or in any other niche, there are a lot of audience for your content. The best feature is that anyone can launch a channel by following a few easy steps. All you need is a Google account and you can create your own channel within minutes.

You can use your channel to post videos about anything you’re good at, like cooking videos, gaming videos, makeup tutorials, educational videos etc.  The best thing is that, you can make money from your channel through monetization, advertising products or sponsorship.

How much you can earn as a YouTuber ?

There’s no simple answer for this question, as your YouTube earnings depend on many factors. Such as :

• Your video views
• Your audience demographics
• The kind of videos you post
• The kind of monetization strategies you use (Google AdSense, sponsorships, collaborations, selling your own products, etc)

That being said, the average CPM on YouTube is around $1 to $3 for 1000 views.

Best niches for starting a successful YouTube channel

Here are some of the best topics you can choose from to monetize your YouTube channel.

• Tech Channel
• Gaming
• Unboxing (particularly gadgets and electronics)
• Food Recipes
• Celebrity gossip
• Travel vlogs
• Health & Fitness
• Pranks
• Entertainment and more

Here is the guide that How to create a YouTube Channel and How much one can earn from it.

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3. Become a Virtual Assistant

Becoming a virtual assistant is a difficult task but it’s worthy. 

You know why there is a HUGE demand of virtual assistants across the globe. Because as a virtual assistant, you mostly have to do small and repetitive tasks such as:

• Managing social media sites
• Uploading videos to YouTube
• Grammar correction
• Blog management such as uploading blog posts, spam comments etc

Here are some of great benefits of becoming a virtual assistant;

• You can work from anywhere, anytime
• You can learn more from your clients

Your income depends on the tasks you perform

Your income depends on the tasks you perform

Most of the fresher virtual assistants charges approximately $15 to $20 per hour. Once you have experience, you can easily get $40 to $80 per hour for your services.

Also your earning depend on the complexity of the tasks you do. So keep learning and improving your skills to increase your hourly rates.

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4. Teach English Online

If teaching is your passion and if you are a native English speaker, then you should try teaching English online.

Every non-native English speaker person wants to learn English and become good in this.

There is a HUGE demand to learn English all over the world.

You can make a full-time income as an online English teacher if you have a degree in any of the following.

• Bachelor’s/ Master’s degree
• PhD and teaching certification
• State or provincial teaching license

ESL or other language qualification

Platforms to earn as an online tutor

If you want to start as an online English tutor then here are some platforms that you can use.

• YouTube
• QKids
• Skooli
• Preply

Most of these platforms help you to set your teaching schedule. That means you can set sessions whenever you’re available or free. For this you have to first create an account on these platforms. After that you can log in and be online when you’re free to accept instant sessions.

How much can you earn by online English teaching ?

Your earnings depend on your qualification and experience. Most of the platforms pay you hourly. The average hourly rates $25 to $40. It can be increased up to $80 to $100 per hour as per your experience.

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5. Start a Dropshipping Business

Drop shipping is a form of retail business where the seller accepts customer orders without keeping stock on hand. If you want to sell products without any inventory ? Then, dropshipping is a great option for you.

Dropshipping lets you sell products from the manufactures/suppliers and you don’t need to worry about the inventory or shipping.

How it works :-

When you receive an order from a customer, you have to contact the manufactures/suppliers and then they ships the product to the customer.

In layman terms we can say in dropshipping business, you act as a middleman and you get a commission for every product you sell.

How much you need to invest ?

There is very little investment you need to start an online store as Dropshipping and also there is very low risk. 

Because you don’t have to worry about stock and shipping of products. Dropshipping is the easiest way to started an eCommerce business.

How can a beginner start dropshipping ?

To start this business, first of all you have to look for those products that have low competition and high demand.

In dropshipping, you can sell trendy products like mobile assessories, yoga mats, colored LED lights, laptop skins, etc.

Instead of above list you can also do research about products that work best for you.

Once your product research is done, you need to choose a dropshipping supplier. There are several dropshipping suppliers you can consider :

• Automizely
• Printful
• DropnShop

After this choose a platform where you can list your items for sale. There are many platforms from which you can choose for dropshipping :

• Shopify
• BigCommerce
• Wix
• WooCommerce
• Shift4Shop
• Volusion

How much can you earn from the dropshipping business ?

Your earnings depend on several things like products you promote, average commission you get from suppliers etc.  Most dropshipping businesses generate $1000 to $2000 per month after 1 year.

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6. Offer Freelancing Services

Almost every business wants to build its presence online. But most of the businesses lack of time or expertise to develop and maintain a website. Here freelancers can provide their valuable services.  So if you’ve skills and experience in web designing, Web Development, content creation etc then you can make a decent income by offering freelance services.

What type of freelance services you can offer ?

Here are some freelance services that are in high demand :-

• Writing
• Web design and development
• SEO services such as link building, keyword research, paid ads, etc
• Social media management such as posting regularly on social networks to increase engagement

Top freelance services websites

Here are a few top platforms where you can find freelancing gigs.

• Upwork
• Fiverr
• Freelance etc

How much can you earn from freelancing ?

Fresher freelancers can earn between $10 to $20 per hour. Whereas if you are experienced freelancers then there is no limit of earning. 

There are two type of projects (Fixed price, Hourly project) you get from above mentioned freelancing platforms. Many freelancers who  charge per project and earn between $500 to $1000+ per month. Freelancing can be a great way to earn money on your terms and you can work from anywhere.

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7. Social Media Manager

As a social media manager you are responsible for creating and managing a business or website’s social media presence. If you have experience in social media management then you can try this as a side or full time business by creating a Social media agency.

You can help businesses to promote their products or services through below mentioned social media platforms :-

• Facebook
• Instagram
• Twitter etc

As a social media manager, you’ll have to perform various tasks such as :-

• Creating engaging posts on social networks
• Managing comments on posts
• Promoting products on social media
• Growing their followers, user engagement and social media presence etc

To get success as a social media manager, you need to have a strong knowledge of each social media platform and ability to create engaging and appealing content.

Where we get social media management jobs ?

Here are few platforms where you can get social media manager jobs :-

• LinkedIn
• Upwork
• Indeed
• Fiverr

How much can you earn ?

Your earning depends on the knowledge and experience you have as a Social Media Managers. Some people charge hourly between $15 to $30. Also some people charge per project that range from $1000 to $1500 per month.