Internet Entrepreneur Ideas come in all shapes and sizes, but the goal is always the same to make money. Before you decide what kind of a venture is right for you, you need to ask yourself a few questions. Let’s take a look at 5 questions, and let those answers shape the kind of entrepreneur ideas that are right for you.
- What kind of capital do you have to work with?
- How are your organizational skills?
- Do you manage people well, or do you prefer to work alone?
- How much time do you have to devote to the project?
- What are your financial goals for the venture?
After you have answered these questions for yourself, you are in a better place in deciding what kind of entrepreneur ideas is right for you. I’ll list a few of my favorite entrepreneur ideas below along with why they might be a good fit for you.
#1. Affiliate Marketing
If you have limited capital, prefer to work alone, and have strong organizational skills, affiliate marketing is a great way to go. As an affiliate marketer, you will market a product for someone else, getting a commission for each sale. You can work as much as you want, and the sky is the limit on how much you can make.
#2. Sell on eBay
eBay is a great option for those who prefer to work alone and have very strong organizational skills. While it is possible to sell on eBay with very little capital, you will be more successful if you have the capital to buy inventory (as well as a place to store it).
Initially, it will take a long time to work out a system for listing auctions quickly and shipping efficiently. But, once you have a good system in place, it is possible to make a good amount of money part-time.
#3. Buy a Franchise
A tried and tested entrepreneur idea is buying a franchise. This is a great option for those who enjoy working with people and have the capital to buy the business and get it going. You can also staff the business, so this can be done if you have little time to devote to the project.
#4. Answer Surveys Online
If you have time, and no capital, you can answer surveys online and get paid to do it. You will not make a ton of money, but you can get paid for very little effort, and you can do it in your spare time. One note about the companies that offer the surveys NEVER pays to join one. That can happen with anyone also after that, we notice that our system is infected with Noad VarianceTV Virus.
Find a free one that offers good rates and stick with that. My favorite is Cash Crate. It is quick and free to sign up, and you can start earning money in a matter of minutes.
Again, if you have a little time, you don’t want to be bothered with any big commitment, and you want to make a little extra spending money here and there, Fiverr is a great way to make a little extra cash.
You post what you would be willing to do for $5 (write a song, edit a video, give a recipe, I have seen just about everything offered on Fiverr at one time or another). Just make sure that it is something that you can do quickly as you are only making $5 for it.
If you want to make extra money, you need to find entrepreneur ideas that are right for you. This is a short list of some ways that I have used to make extra money, and what kind of skills you need for each. There are millions of entrepreneur ideas out there, so find the one that you like and do it. If it doesn’t work, read from it, grow it, and try it again. If it works, rinse and repeat.