If you don’t have an online business idea yet, this is the right article for you. In fact, it’s the only article you’ll need as we’re going to take a look at eight great tips and tricks on how to find a good business idea today.
Table of Contents
But don’t do that! Instead, let’s go over some great tips on how to come up with an online business idea today:
1. Look at Your Passions and Talents
This should seem like common sense but there are still people out there doing this incorrectly… So what exactly am I talking about?
Well, let’s say that you’re obsessed with your guitar skills and have been playing for over 10 years now. And even if you’re not a full-time musician, there’s no denying that it’s really fun to just sit down and play for hours, especially if you’re good at it. So why don’t you start selling guitar lessons on YouTube or some other platform?
Look – If you’ve got something great to share (knowledge or talent) with the world then go after it! Even if this sounds like common sense, way too many people are neglecting their passions/talents because they simply don’t know how to turn them into an online business.
2. Find a Problem to Solve or Fix
According to Paul Haarman this point goes hand in hand with the first one since it’s all about finding something that bothers you or your friends.
It doesn’t even have to be anything specific. Maybe you’re young and still live with your parents, but imagine yourself moving out into an apartment right after graduation? That would completely change your life (I know because I’ve done it), but there are lots of other things that would come along with this like paying rent, utility bills etc.
Or maybe a close friend just got a new job and they’re complaining about how much money they have leftover at the end of each month? And then another friend is complaining about how hard it is to find a good job these days… This is basically a small problem that can be turned into a huge business opportunity.
So keep your eyes open and pay attention to what’s happening around you because problems are all over the place!
3. What Do You Have To Offer?
This is another one that should seem obvious but still gets missed by lots of people out there so let me break it down for you… If you’ve got something good to offer, then there’s no reason why someone wouldn’t buy it or use it so figure this one out quick! Maybe you’re great at managing social media accounts? Or maybe you’re good at web design and could help someone improve their site?
Don’t limit yourself here; think outside of the box and don’t be afraid to go after things that are totally unrelated to each other.
And if you’re still not quite getting it, here’s a quick example:
Let’s say that your friend is having problems with their brand new phone because the battery life sucks so badly. And you’ve got mad Photoshop skills so you whip up some great images for them. This way they can use Instagram to promote their business instead of wasting all this time taking pictures and then using another app to edit them. Now, you could do this for free or charge them per service; it doesn’t matter as long as both of you are satisfied with the end result.
4. Take a Look at What Others Are Doing (The Competition)
I know people like to think that they’re unique snowflakes but the reality is that there are tons of online business ideas out there so think about how you can improve on something that already exists.
If you’re struggling with coming up with great ideas then use any search engine to find products/services in your niche and see what other people are doing.
Let’s say that I’m into fitness and want to try out a new online coaching service because my current one isn’t cutting it anymore. So why not take a look at some reviews first before even signing up for anything?
Or, if you were thinking about starting an email marketing company , this would be a perfect time to check out if the competition has already beat you to the punch, which could it’s not worth going after this niche to begin with.
5. How Can You Offer Value?
This one can get a bit tricky if you’re still stuck in the “I sell what people want” mindset because it’ll be hard for you to offer value if that’s your main focus.
But here’s why this is important: If all you do is sell an online course on Twitter marketing, then your potential customers are only going to see your business as a commodity.
So what can you do about this? Well, the first step is to start offering value with things like free guides or articles that people can read without having to buy anything.
Conclusion by Paul Haarman:
If you can’t decide which online business idea to start with, then stop thinking about it and sign up for the Wealthy Affiliate course because they’ve already done all of these things (and more) for you.
