Before you can venture into any legit online business always make sure you do your feasibility analysis. Feasibility analysis is a process whereby you run a research if a business idea is viable.
We are not going to be explaining what feasibility is, but I’m just making you clear that you don’t just dive into internet and start looking for some legit business without proper research you may end up earning nothing. Out of 100 percent of people running online business just only 40 percent are successful ones. Why? Just because they act fast and smart.
Either one way or the other, you might have tried some online business which aren’t paying you as you expected. But today i will be giving you some list of legit online business you can do from your home which i guarantee you earning up to $500 monthly if you put hard hustle.
Table of content
- What are the legit online business i can do from home?
- Why i should start a legit online business?
- Challenges in online business
- Useful tips for online business
Legit online business you can do from home
- Start a blogging business
- Work as video editor
- Social media marketer
- Become a freelancer and make money
- Start drop shipping business
- Sell on Amazon
- Work as online photographer
- Become a Youtuber
- Graphic design
- Online Tutor
Note there are many other online business out there, but we have selected 10 out of all. Let’s now take a look at it one by one.
1. Start a blogging business
It is not because am a blogger that i make this my number one legit online business. No I’m not biased but i will convince you later on in this post why you should go for blogging when looking for online business to venture into.
What is blogging
Blogging is considered as a way people especially writers showcase their talent by sharing meaningful source of information online. In the midst of all online businesses blogging has a higher advantages over others, out of all the profitable business with little capital.
Just before the arrival of advertising networks, almost all bloggers then were blogging for passion. But today, out of %100 of bloggers in the whole world %70 are blogging because of money. Why?
It is because blogging is easy when starting up, you only need a laptop computer or a smart mobile phone with good internet connection and a small to purchase your domain name and hosting.
How can i start blogging ?
You can actually start a blogging business with a minimum of $20 – $30 and you start making money. One amazing things about this blogging of a thing is that it has a numerous ways you can earn money online while blogging. These are:
- Google AdSense: Google AdSense is way where by you display ads on your website and google pay you in return. You can earn either by impression or CPC. If you’re going for this as your advertising network you should try to know some steps on how to get approval quickly
- Direct advert: This often works well when you can drive a huge traffic from google search engine. In this way advertisers will contact you through contact us page from your blog and negotiate on business.
- Affiliate marketing: This methods involves a way where by you refer your friends or audience from your blog and recommend other people’s goods for them. If you’re planning ti starting the affiliate method try Jumia, Amazon, or you search online for available high paying affiliate market in your country.
- Promoting your brands and lots more: The way you promote other people’s product on your blog, you can also have another side hustle, write articles about it start recommending your brand for audience/visitors.
Can you now see blogging is worthy to place at first? Good! Let’s look at another business.
2. Work as video editor
Video editor is also one of the most lucrative legit online business which anyone can start at home and earn good cash. But this business need some skill, though you can start learning through YouTube channel videos.
Video editors with good experience are in high demand in 2019. There’s a probability of earning over $50 per hour and when you multiply it you will see that you can actually make up to $500 monthly with this business.
3. Social media marketer
Working as a social media marketers involves handle all social media works for small business owner. It is observed that all the business owners don’t really have time or can’t handle social media tasks very well, so they hire a marketer who will help them update their social media channels and respond to customer’s request. Doing this job you can actually earn up to $20- $100+ per hour and at the end of the month you can make up to $500 or even more in as much as you are able to post, curate and manage content on social media pages. You’re good to go!
4. Become a Freelancer and make money
A lot of people are making living with freelance job. Freelancer is another legit online business you can start from your home and this can actually fetch you up to $500 monthly if you put hard work. Freelance job always profitable if you are a skillful one.
Although not all skill you can do with freelance but just those ones you can deliver online. Examples are : web developer/designer, programmer, writer, graphics design e.t.c and with this you can earn more than full time workers.
If you’re going this i recommend freelancer.com or fivrr.com but fivrr is the most recognizable freelancer website where by client will be looking for people to get their job done for them with good amount of money.
In freelancing work, the better you present your self the more earn. Always give respect to your clients and speak to them in a polite manner. And there’s one secret i must tell you about this freelancing stuff, always make you complete your work before the agreed date and add something as extra. Bet it with me client would like to patronize you again and you gain more review.
5. Start Drop shipping business
You need to understand what i mean by the word drop shipping.
What is this drop shipping stuff all about sef, where am i dropping my ship? Hmmm, nawa for the name sha, meanwhile drop shipping is a process where by you act as a third party and sell what you don’t have at hand by shopping from online market place and deliver it for your client.
Here you don’t need to keep a shop or working place, you only sit down at the corner of your room with your laptop and ship a goods to final buyers. Here you just need to create an e-commerce website. And there are two popular ways you can create the e-commerce website these are :
Using this method is very simple, you only need to buy domain, host it and install woocommerce plugin.
Using this method you don’t need to buy any hosting at all, what you just need is to buy shopify plans and start drop shipping. But note that you will need to buy a domain name. You can get your domain name from domainking or Namecheap.
To start using this method you need a bit expensive capital but trust me this includes all what you need as a drop shipper. You can never regret using this method.
If you don’t seems getting it, read my article on how to start drop shipping business in Nigeria
6. Become Amazon seller
Amazon is a large market place where by all online business entity can sell their product easily and they good money.
So if you’re looking for a way to sell your product, you can quickly go to Amazon.com and before you know it you will make sales.
You just need to sign up as a seller and start selling things. You can sell and control your business from your home with the use of your desktop computer. Let me tell you the truth, you choose this business, it it very difficult to work as part-time because you would get more order everyday and you have to dispatch it as per your agreed time. Amazon is not limited to all countries. that is, every country can shop and it is a world wide known website.
7. Work as online photographer
One of the fasting-growing online marketplaces is stock photography. According to Technavio, the business of selling stock photos will exceed $4 billion by 2020. Businesses need quality stock photos for their websites, client presentations, and more. If you love being behind a camera — even the one your smartphone — you can get paid for uploading quality photos to stock photo sites. You’ll earn anywhere between 20 and 50 cents per image sold. So, the goal is to have dozens of photos for sale, each generating commissions for you daily. This makes selling stock photography a great source of passive income, because you can get paid over and over again for work you only did once.
8. Become a YouTuber
You can create a video on YouTube on any topic, but it should be interesting. YouTube will push your video up when they find your video is gaining popularity. There is no limit on how much YouTube you need to create. I have seen a single video in the channel that got millions of views within a week and they deserve it because the content of the video was very creative and interesting. Let’s get back to the business. You can make money from YouTube through Affiliate Marketing, Promotion of Brands, Get YouTube traffic to your Blog, Join YouTube partner program and many more. There are many ways to make money onlineand this can be your side business or full-time business if your channel is generating a good amount of revenue. Once you get popular, many companies will approach you to advertise their business or their product on your channel or on a particular YouTube video. You can charge as per the number of subscribers and views. The more view you get on your videos, the more you can charge to promote the brand.
9. Graphics Design
For the artists out there, becoming a graphic designer is a great way to monetize your hobby. The web is becoming more and more visual — especially as mobile devices become the primary method of browsing. The highest-paid graphic designers combine multiple skills into their designs. Knowledge in branding, sales, and direct response marketing allows many graphic designers to charge over $100 per hour.
10. Online Tutor
One high-growth business industry right now is online education. And one of the fastest-growing niches within online education is online tutoring. There are now multiple websites that connect you with students all over the world who are looking to be tutored in a range of subjects. When we ranked the best online tutoring sites, the top site was VIPKid. Why was VIPKid rated #1, even ahead of popular and well-known sites like Chegg and Club Z?
- The average wage, according to Glassdoor, is $18 per hour
- The lesson plans and course materials are provided
- You can work when you want, where you want, with no need to worry about marketing your services
- All that’s required is a bachelor’s degree and some teaching experience (which could be prior tutoring experience, teaching at your church, etc. — it doesn’t have to be formal classroom experience).
Why You should start Legit online business ?
Currently the Nigerian economy is really bad, a lot of companies are closing and even giving out more sack letters just to prevent bankruptcy.
Depending on online jobs in Nigeria this 2019 will not only help you feel more secure but will serve as your secondary source of income; if your monthly salary is 50k then making an extra 20k just by putting in a few hours everyday will surely make a difference in your life.
Also as a university student, Online Jobs In Nigeria can serve as a source of personal income instead of always depending on your parents for money. Starting and maintaining online businesses or jobs doesn’t take much capital. Most of the time you’ll be using your smartphone for a lot of tasks and sometimes a system with cheap internet data.
Challenges in online business
Hard work: We know online business is very cheap to start, but in return, you need to compensate by your dedication and hard work. Lack of Knowledge: Lack of knowledge may put you into trouble or waste your time in correcting yourself repeatedly. So, learn as much as you can. You are alone: You are most likely to be working alone. You may not get help from your family and friends, as I told you it requires hard work. Lack of patience: Earning from online business takes time. You need to keep your patience alive. At some moment, you may get demotivated, but this is what the need to break.
Useful tips for online business
The online business ideas can come anytime when you really work on it. Do not think that you will do one day. Start from today itself. One fact is, online business from home is growing day by day and this is because of internet users all over the world. With the help of the internet, you can reach billions of people around the world. You just need a strategy and ideas to do online business. I will explain to you how it works, what you should do and what should not. You will come up with many useful business ideas that will help you to grow day by day. Do not give up on your dream. When you take a decision, respect it.
Also the most important things to always consider. No matter how small your business is, make sure you get it registered because there are some advantages that registered people gained. In case you don’t know how to register your business name in Nigeria, kindly click this link and it will direct you to my article on how to register your business name in Nigeria