Are you a digital nomad who’s looking to make some money online? If so, you’re in luck! With murmurs of a recession abounding, it’s a great idea to get financially free and an even better idea to set up a location independent business.
There are several businesses that you can run from the comfort of your laptop, no matter where in the world you are. To help get you started, we’ve put together a list of five business ideas that we think have great potential for budding entrepreneurs like you. Keep reading to learn more.
- Start a blog.
If you think blogs are old hat, erm why are you reading this one? In fact, blogs are still big business if you get them right. If you’re passionate about a particular topic and have something to say, starting a blog is a great way to build an audience and earn some extra cash. Not only can you monetize your blog through advertising and affiliate marketing, but you can also sell products and services that are relevant to your niche. For example, if you start a travel blog, you could sell travel guides or offer planning services to help your readers make the most of their trips.
- Sell online courses.
Are you an expert on a particular topic? If so, why not share your knowledge by creating and selling online courses? You can use platforms like Udemy or Teachable to create and host your courses, and once they’re live, anyone in the world will be able to purchase them and learn from your 24/7 365 days a year! Best of all, there’s no limit to how many courses you can create or how much money you can earn.
- Become a virtual healer, counsellor or coach
There is no need to go and hire a clinical setting now if you are a qualified coach or practitioner. Now, you can do pretty much everything over zoom from distance reiki, hypnotherapy, counselling or coaching. The self help industry is a very lucrative one indeed and you can do it from anywhere in the world.
- Offer consulting services.
Do you have experience in a particular field or industry? If so, consider offering your consulting services online! You can use platforms like Clarity or Upwork to find clients who need help with everything from marketing to web design to accounting—and everything in between. And since you’re working remotely, it doesn’t matter where in the world they’re located. As long as you have an internet connection, you can work with clients from anywhere!
- Turn your creativity into products and sell them online
Finally, if you’re looking for a more traditional way to make money online, why not launch a product business online? You can sell just about anything through your own personal website or on popular marketplaces like Etsy or Amazon Handmade—and if you have an eye for design try selling your own custom printed T Shirts on platforms like T spring.
This could be a slow burner but if you’re fully committed you should be able to make some money from this approach.
No matter what your skillset or interests are, there’s sure to be a business idea on this list that’s perfect for you! So what are you waiting for? If you’re ready to make some money while being location independent, start exploring these options today.