5 Businesses with Insanely High Success Rates You Should Start Right Now
Starting your own business can be very difficult and extremely risky, especially if you aren’t following proven models that have worked in the past. The good news is, there are tons of companies with proven track records of success, and they can serve as models to help you achieve the same level of success – or even greater success – when you’re starting your business from scratch. The five businesses below have all seen extremely high levels of success since their founding, and you can learn from their mistakes in order to start your own business and see similar levels of success.
1) Become a Virtual Assistant
Virtual assistants provide a variety of services for their clients, usually on a per-project basis. They handle administrative tasks such as scheduling, bookkeeping, and billing. Virtual assistants also help by managing the client's email inbox and social media accounts like Facebook and Twitter. A virtual assistant could also be responsible for handling the customer service needs of the company's clients.
To become a virtual assistant, you can take courses or certifications in order to build up your resume or establish yourself as an expert in this field. Once you have established yourself as an expert, you can then offer your services to companies that need assistance with their virtual assistant needs.
The greatest advantage of working as a virtual assistant is the flexible schedule that it offers since most work is done online from home.
What's more, virtual assistants usually don't require a large startup investment. All you really need is a computer, an internet connection, and basic office supplies in order to start. An entrepreneur who has virtual assistant experience can work on a part-time basis until business picks up. In fact, some of these entrepreneurs find that their success as entrepreneurs leads to more opportunities for them as VA providers for other budding entrepreneurs. As a VA provider, you might even be able to make enough money to replace your day job in case you're currently employed full-time. The best way to get started as a virtual assistant is by offering your services on freelancing sites like Upwork and Fiverr or finding jobs in local classified ads or at-home party seminars.
2) Build an Online Store
One of the best ways to start a business is to start an online store. This way, you can take your idea and turn it into a reality without having to spend thousands of dollars on rent for retail space. If you're someone who loves to be in control of their own destiny, then starting an online store may be the best option for you. But how can you make sure that your online store is successful? Keep reading!
The first thing you need to think about when starting an online store is your niche. Essentially, a niche is just a subset of your target market that you want to focus on serving. Once you've chosen a niche, it'll be easier for you to define your target audience, figure out what products or services they need, and get some ideas for your store. After figuring out your niche, it's time to decide if you want to build an e-commerce site or start selling items in person. If you're looking for a side hustle, I'd recommend trying to sell items in person as opposed to launching an e-commerce site because of all the extra work required!
If you're looking to launch an e-commerce site, then choosing a platform to build your store on is essential. Platforms like Shopify and BigCommerce are easy to use and can be set up in a matter of hours! But if you'd rather not spend money upfront, you can also start a free store by building it yourself or getting help from family and friends. Keep in mind that free platforms aren't as professional-looking as their paid counterparts, though! Once your e-commerce site is launched, keep an eye out for ways to improve it so that customers will keep coming back.
3) Sell Pet Goods
Selling pet goods is a great business to start if you love animals. Pet owners are always looking for new ways to spoil their pets and create a cozy home for them to live in. By going online or setting up a shop in your neighborhood, you could be on the way to creating a comfortable life for animals everywhere. Plus, they'll reward you with unconditional love and fuzzy snuggles!
Another reason selling pet goods is a great business idea to pursue is that animal lovers are happy to spend money on their pets. Unfortunately, many people who have furry friends don't always have enough cash flow to provide their pets with healthy food and high-quality toys and treats. By stepping in to offer these luxury items at a low price, you can help your customers save money for other important expenses while also giving them ways to spoil their pets even more than they already do.
Most importantly, though, you’re helping animals by providing them with the essentials they need in order to live healthy lives. These items come from reputable brands that use safe ingredients and rigorously test every product before it hits store shelves.
4) Open an E-Commerce Store
If you have an idea for a product, then opening up an e-commerce store is a great way to start. You can buy your products wholesale and then sell them on your own site. It's also easy to set up a storefront so that people can come in and buy from you in person.
If you don't have any physical goods to sell, then it might be more difficult for you to get started because there are many other aspects of the business like marketing and building trust with potential customers that are involved.
There are still ways to make money online even if you don't have any products or services to sell. Instead, try promoting other businesses products and services. This is called affiliate marketing, and you can set up a website that touts your favorite products and then receive a commission whenever someone clicks on your link and makes a purchase. If you have an interesting way of presenting yourself or telling stories, it’s possible to generate income as a YouTube partner or Instagram influencer. And of course, there's always good old-fashioned email marketing! There are millions of people who want free information about all kinds of things — from travel deals to recipes for delicious meals — so it's easy to find companies who will pay you just for sending them new customers.
5) Become an Online Tutor
If you're a skilled professional who has a lot of expertise in a certain field, then becoming an online tutor may be the perfect business idea for you. Many online tutors are able to offer their services to clients all over the world and make a very good living doing so. The beauty of being an online tutor is that you can work from any location as long as you have access to the internet and your expertise. If this sounds like something that interests you, here's how to get started:
1) Create an account on TutorVista or SmartThinking - these sites will give you access to many students looking for help with their studies. Sign up and complete your profile page so that potential students will know what your qualifications are when they contact you. Upload samples of previous work to showcase your teaching style and level of expertise. Include information about the subjects you teach, what age group you prefer working with (kids, teens, adults), your hours (full-time availability? Just weekends?), and other relevant details about yourself. Finally, start building up a list of 5-10 questions that might come up during the course of one tutoring session. These should cover any uncertainties or difficulties that your student might face while trying to learn new material.
2) Offer Better Services Than Your Competition
3) Be Consistent
4) Be Professional
5) Stay Focused When it comes to your focus and concentration, do not let anything distract you. One thing we often see is people jumping from project to project, especially if they have a short attention span. For example, if someone is reading an email and sees another notification pop up on their phone screen, they'll put down what they were just reading and check out the notification instead of staying focused on one task at a time. The same goes for phone calls. If someone is engrossed in writing out something but receives a phone call that takes precedence over the current task at hand, it throws them off balance because it interrupts the flow of concentration required by both tasks simultaneously.
