So what is the best online business for beginners right now?
We are living it. Maybe we didn’t all have the chance to take advantage of the early dot-com era and the crypto craze and know what the best online business was. But now we are living in the times of AI, the greatest tech innovation the world has ever seen. And what’s even crazier is that it’s incredibly accessible for anyone.
Why should you start an online business in 2023?
Because 2023 is the year to start your best online business with the help of AI. Time-consuming tasks, such as generating thousands of words of content(mandatory for any online business), are now a thing of the past with the help of AI content writers.
Marketing plans, content strategies, and things that many beginners struggled with can now be easily generated with ChatGPT and other similar tools.
Most popular online businesses in 2023
The rise of AI did not yet create any new type of online business that is easy to start. Instead, it made the ones that were before more accessible. So the top choices for somebody who is just starting out still are:
- Affiliate Marketing
- Online Coaching
One of these could be the best online business for you! Each of them has great earning potential, but some of them have a higher learning curve.
The best starting point
Start a blog. Do this today. I’ll show you how in a bit.
Why is starting a blog the best approach for a beginner?
Because it teaches you the basic skills you need to succeed online.
You will learn:
- How to express yourself in writing (Now much easier with AI)
- What is the best way to reach your audience
- How to engage with your audience
- What is SEO
Starting a blog has the lowest entry point when it comes to online business. It is also the easiest to start. All you need is a domain and a hosting provider where you can install WordPress.
What’s the first step when starting the best online business?
Choose something to write about. This first step will give a bit of clarity of what you need to do, and will also help in choosing a domain name.
Note: You can start a website without a domain but it’s not recommended.
Here are some tips for choosing something to write:
Are you passionate about something? Start putting it in writing and sharing it with the world. If you are in groups with people with similar hobbies, you already have a starting audience for your content.
- Professional Skills
Let’s say you have a 9-5. Write about your domain of work, the challenges you’ve faced and how you overcame them. Get your 1st readers from LinkedIn or social media groups of people working in the same field.
Frequent traveler? Share your experiences with people wanting to travel in locations you’ve visited. There are a lot of websites on which you can share your travel insights with the right people.
- Other ideas: Health & Wellness, Lifestyle, Personal Development, Technology
Whatever you choose, make sure you have some idea about the subject. The more knowledge you have, the easier it will be for you to write.
Once you select your niche, find a domain name and a hosting provider. For domains I use Godaddy and for hosting, I am now testing out Hostinger with some very nice results.
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Get hosting on Hostinger. – Want to check out the top hosting providers – Click Here
How to actually start writing
Let’s get some ideas from ChatGPT. I am a big food lover, so I will use ChatGPT to give me some ideas on what to write in my new food blog.
Prompt: I am starting a food blog. What ten articles should I start with?
In less than ten seconds, I got ten suggestions for things I can write. I like the “Kitchen Essentials” category, so I’ll tell ChatGPT to give me some article suggestions.
Prompt: Give me 5 article title suggestions for Kitchen Essentials
These are some really nice ideas.
I might also learn some new things myself while writing these articles.
I really like number 5, so as a final step I will create an article outline for this.
Prompt: Create a SEO optimized outline for a blog article with the title – Mastering the Basics: Ultimate List of Essential Kitchenware for Beginners
Now I have a step-by-step plan of what I want to write about, this makes the writing process much easier.
You could even go one step further and use ChatGPT to write the whole article, but I would not suggest that. In the beginning, you should use AI writers at a minimal level and create everything yourself.
This will train you to write better content, a skill with great value in the online business world.
Now all you have to do is to apply the knowledge I just shared with you to something you want to write about. Then set a target like “Write x articles per week”, and commit to working on this for at least 30 mins – 1h per day.
Do this for at least 2 or even 3 months without expecting any monetary earnings. Your goals for this period are:
- Get used to creating daily content
- Share this content on social media to start creating an online presence
- Research blogs similar to yours and see what you can learn.
How do I make money?
After you have gathered a relevant number of articles it is time to think about monetizing. There are a lot of ways to monetize a blog. Here are the most profitable ones:
Installing Google Adsense on your website means that your visitors will start seeing ads through your website based on how you set it up.
It is one of the easiest ways to start making money with a blog. It is also hassle-free because once you set the code for displaying the ads no other configuration is needed. If you use WordPress for your site, there are also plugins that will do that for you.
Another great way of making money with a blog is registering for affiliate marketing programs for products and services related to your niche.
How does it work?
Each time you refer to a sale, you get a fixed amount per sale or a percentage of the product/service price.
Affiliate marketing is a great way to generate income if you have a very active and engaged audience.
You can expand your blog with Shop extension, and start selling your own products. For a WordPress blog, you just have to install the WooCommerce plugin, add your products and you’re good to go.
Blogs that are focused on pet care, or homemade things are some of the best candidates for scaling to an online store
What to do next?
It’s time to select what you want to write about. Do it now, take 10 minutes of your time and think about something you will enjoy writing about.
Decided? Great! Now think of a name for this website, purchase a domain, and a WordPress hosting service.
Goddady is what I use for domain names.
Hostinger is the WP hosting service I am currently testing out and seeing a really nice performance at a good price.
Cost of this investment: less than $50
There is no better time than today to start your journey to the best online business. Invest one hour per day in slowly growing your online business and you will start seeing results sooner than you expect.
But be consistent, work on it every day. After more than 15 years in the business trust my words when I tell you that consistency is the number 1 factor for success in the online business.
P.S.: You can read more about this topic in articles such as How To Start an Online Business: 29 Business Ideas for 2023 and Which Business Formations Work Best For You in 2023?