Lucrative Online startup business ideas (Earn in 2021)

Wondering what online business idea to start? Read on to find the hot new ideas of 2020
Wondering what online business idea to start? Read on.
The hot new ideas of 2020

Working for yourself. Sure it comes with its own set of responsibilities and worries. But the feeling of thrilling exhilaration it gives is unmatched. Those of us who have ventured into this arena know. Do you wanna start your own online startup business? Here are 20 online startup business ideas for you to consider.

In 2016 when I was starting business I racked my brain wondering what business to start. What should be my market segment? Do I sell a service or a product? What skillset do I have that I can monetize? Coming up with answers was not easy. That is why I decided to publish this list here so that you, who are wondering the same in this trying times if the pandemic can benefit from this.

Now this isn’t an exhaustive list. I’m publishing it now because I’m impatient to get this out there. Don’t forget to bookmark this and come back as I’ll be adding more ideas in the coming days.

So without further ado, lets jump right in, shall we?

Online Startup Business Idea 1: Content writing

As I am a content writer myself, I have a soft spot for this startup idea. Content marketing is the hot trend in the block right now and it is here to stay. Because businesses more and more of them are turning to content marketing and they need constant supply if well written, informative content. Dont kid yourself thinking this is as easy as writing a story or a novel. But the skill can come in handy. If you wanna learn how to write for the web you can head over here.

Startup Business Idea 2: Copy writing

Copy writing refers to any piece of content that is high-converting. Landing pages, sales pages, e-commerce product descriptions all come under this category. Copy writers are in high demand these days. Though content writing can’t pay you a handsome amount, copy writing can. Make sure you get the work done on time and write high converting copy. There is no shortcut for this, you have to perfect. X has a good course on writing good and high converting copy. Get it here.

Startup Business Idea 3: Digital Marketing

Digital or content marketing is an umbrella term. It’s main tenets are blogging, email marketing and social media marketing. It is in high demand these days. If you like writing and being active on social media, you are already a hot property. Why not start content marketing? There is good money in it.

Startup Business Idea 4: Website Buy&Sell

Establishing a new website, ranking it in search is a lot of work. You have to build links, and get more traffic. You have to have build trust first. Some people don’t want to do all that hard work. They found a workaround. You see thousand of website domains expire everyday. Because the owner doesn’t want to continue using it or whatever. Why not buy these?
Websites are like real estate property and stocks. They have value. Because of this buying and selling Websites is something you can make a lot of money in. That said, some people who start websites. Grow and establish those and then sell these websites for profit.

Startup Business Idea 5: Blogging

Blogging is a lucrative industry. Are you passionate about cooking, travelling? painting? Blogging is a good arena.
Some bloggers are travelling the world for free now. Some have built media empires with their blog. You must stick to practicing and perfecting your writing skills. Planning to start your own blog? Pick a topic or a segment you enjoy and blog away. No matter what you choose, you will have an audience for it. I have an in-depth guide to help you start your blog and earn.

Startup Business Idea 6: Domain name trading

The year was 2009, a company Quintstreet bought the domain insure.com for $16,000,000 (16 million). Do I have to say more to make my point you can good money in this business?
Got an internet connection? Fire up that smartphone and you can buy domains for low price and sell for high prices. Heck you don’t even need a laptop! Sure, you put some money in first, but what business doesn’t? Figure out how to find new and upcoming domain names, you can make a lot of money.

Startup Business Idea 7: Online Coach

Are you a walking, talking mini-Google on a huge topic? For example: developing, coding, painting, etc,. You can make money by sharing your knowledge with the world. You can make money from this as long as you don’t over promise and under deliver.

Startup Business Idea 8: Online Assistant

I have a friend who is very organized, thorough and diligent about her work. And she is painstakingly punctual in everything she do. She is someone who you can say is very dependable. Guess what? She is a Virtual Assistant. She is making enough money to run her family well and then some. You can be an Online Assistant like her if you have the same character. Join any platform like Upwork or Opportunity Designer and look for assistant jobs. People would pay for your services. Plus, you can make contacts with key people in a multitude of industries. There is no need to travel, you can decide when you will work and do work from home.

Startup Business Idea 9: Web Development

If you are a master of HTML, CSS, Javascript, Python and Ruby, you can be a web developer. Having prior experience is a plus. Web developers are in high demand as more and more businesses are coming online. In case you are not already familiar with these, you can join courses on Udemy.

Startup Business Idea 10: App Development

PlayStore has 2.8 million apps, while the AppleStore boasts a total of 1.85 million apps. The numbers are growing each day. There is an app for whatever you can think of these days. Not all are useful though. If you are good at coding you can be an app developer. Coding and releasing an app eats up time and patience. Business owners are looking for skilled and experienced app developers.

Startup Business Idea 11: WordPress Web Designer

If you have a basic knowledge of HTML, CSS, PHP and Javascript, you are already a hot commodity. Just hone up your skills and start designing WordPress sites. WordPress designers will always have work, because 21% of all the World Wide Web runs on this platform.

Startup Business Idea 12: UI/UX Design Specialists

Your website/app is your face to the world online. Your interface must be presentable. You must giving users easy user experience as important on the web as it is in the real world. If your business thrives or fall into oblivion depends a lot on providing an easy to use interface. UI/UX (User Interface/User Experience) design specialists are invaluable online. They bag handsome pay that is the envy of all.

Startup Business Idea 13: Graphic Design

Do you love to draw or design? Are you familiar with Sketch, Adobe PhotoShop, Illustrator etc.,? Don’t know? No worries head to Skillshare and enroll in any course you pick. You will be up to speed soon.
You are an invaluable commodity from the get go. Sign up on the freelancer platform, create a stunning profile. Showcase your best work and get hired from the beginning. Graphic designers are always in high demand. Businesses need logos, social media posts and blog graphics.

Startup Business Idea 14: Real Estate

Real Estate business is a lucrative business. You can make a lot of money in this field if you have solid understanding of the local market. Educational qualification is not a criteria in Real Estate. What’s more? You decide when you want to work, your time schedule. Keep in mind that these factors decide how much you earn in Real Estate.

Startup Business Idea 15: Affiliate Sales & Marketing

If you are not yet ready to create your own product or service you can still take up affiliate sales and marketing. And you don’t even need a blog to do this. But if you have a blog that gets plenty traffic, you can start soon. You can start affiliate marketing even with a Facebook page, YouTube channel. Join Amazon affiliates, ClickBank and get passive income. But, keep in mind that your earnings as an affiliate depends upon the commission you’re paid. Amazon recently slashed their commission rates significantly. So it is always good to not depend on affiliates to earn much.

Startup Business Idea 16: Podcasting

Are you a non-stop chit chat? Do people come to you for advice in some of their problems?Start podcasting on the niche, establish yourself as an authority and you are all set. Starting a podcast is easy these days. If you can spend a few extra money on the right equipment, you have a solid income stream in your hands. Kudos to you if you have already have a Podcast running, you can get sponsorship deals with marketers.

Startup Business Idea 17: YouTube Channel

Did you know that more than 3.25 billion hours of video every month? More than 300 hours of video is uploaded to YouTube every minute. That is 150 movies in a minute! Brandwatch.com in a report in 2016 ranked YouTube as the 2nd largest search engine. But only 9% of small businesses make use of the platform. Won’t you want a piece of that pie?

Startup Business Idea 18: Accounting & Book Keeping

Do you have a background in Finance? At least are you good with numbers? You can start accepting outsourced accounting and book keeping roles of companies. Not every one is strong in maths, you know. Plus it is much more cheaper to outsource these daily operations that need attention to detail.

Startup Business Idea 19: Stock Broker

If you don’t have a penny to invest, go the OPM (other people’s money) way. Be a consultant and you can make a lot of money as commission from their profits. It is a mutual benefit relationship, where as client’s capital grows, your commission grows. As more and more people know about how your advice helped a client earn profits, people will line up for your consultancy.

Startup Business Idea 20: Online Teaching

Are you a certified teacher? You are sitting on a landmine of opportunities! You can join any one of the online teacher platforms and start teaching students. On a side note, online teaching isn’t only for teachers. Are you knowledgeable in any topic? You can give guidance while charging them for it. Some platforms I would recommend: teacheronline.com, wiziq.com, vedantu.com, etc,. If you are not familiar with these platforms, you can join our sister concern run by Women of Wiki Educational Trust. WOW is a group of mothers pledged to better the society through sharing what they know with you. WOW conducts online workshops every day from 4PM to 5PM. For more details and joining.

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