Best Internet Business Ideas

Best Internet Business Ideas: Best Internet Businesses to Start

This Article is all about the Best Internet Businesses to Start. It is all about Best Internet Business Ideas.

Hi Asav,
I have gone through your Blog today while surfing for business ideas and it’s really one of the best I ever seen.
The information you are providing on different business opportunities, internet business and the potential of information age is amazing.
I am a vivid user of internet and have been planning to do something on internet since so long.
I am really fed of the daily job which I am doing right now and more over I want to come out of this rat race as soon as possible.
To be frank few months ago I have started a marketing business (herbalife) but losing interest day by day because I need to run behind prospects to join my business and I need to spend lot of amount for advertising, business seminars and leadership seminars.
What’s your suggestion about ‘herbalife business?
Can you please suggest me how to success using internet? what are all the different internet based businesses?
Thanks,
Reader
Mumbai.

Well, I am really happy to know that, I am adding value to the life of several people like you by Information in the Blog. Whenever readers like you appreciate my efforts, It motivates me to write more vigorously.

Let me tell you Honestly that, during the first year of this Blog, I was feeling very much lonely because I was writing alone without any feedback, queries and suggestions from readers like you. But now, I am feeling very happy when readers like you interact with me. I feel very exciting when people like you ask me a question. There are 120+ Million Blogs in this world and out of these literally hundreds of thousands of blogs are about Money Matters, Personal Finance, Business & Entrepreneurships. But I am happy today because several readers like you trust the Brand “My Journey To Billionaire Club” and interact with it among literally lakhs of Personal Finance & Money Matters blogs.

Any way, Let’s back to the main Topic.

You have written in your query that, You are a Vivid user of the Internet and now you are tired of your job and you want to get out of the rat race. As you have already mentioned here that, you have already read the articles about the potential of the Information age so no need to discuss anything about it here.

Let me tell you straight forward that, What it means by getting out of Rate Race?

Well, You are said to be out of the Rat Race (I mean on Fasttract) if,

Your Monthly PASSIVE INCOME > = 2 * Monthly Expenses.

Suppose if your monthly expense is Rs.1 Lakh (Or you want to spend 1 lakh rupees per month for the rest of your life) than you are said to be out of the rat race if your monthly passive income is more than Rs. 2 Lakhs.

PASSIVE Income means the income to get which you don’t have to do any hard work. Say for Example, Dividends, Capital Gains, Royalties, Rental Income, Interest Income, Business Income (Provided that your business is running without your presence)…. are few examples of passive Income. So this thing you always have to keep in mind. Your ultimate goal of getting out of rate race should be your PASSIVE INCOME only.

Now, I will tell you today one exotic Passive Income stream. As you are an avid internet user, you will understand it very well. I am talking about the Income from Internet Businesses also known as Website Businesses or Web Businesses.

Yes, The Income from Your Web Asset (Blogs, Forums, Websites, Facebook Applications…etc….) is almost Passive Income. All the hard work you have to do behind it is to grow it. Here are various Internet Based Business that you can start any time.

You MUST MUST do the Internet Business because,

- It requires ZERO to Minimal Capital to start Internet Business (Of course it will require up front time investment but as far as you are passionate about it, you don’t need to worry about it). Take the Example of this Blog. This Blog is my Internet Business. I have invested ZERO rupees behind starting this Blog (March 2008). If I wanted to start my own Financial advising firm than it would have required a lots of Capital

- Internet Business runs 24/365. Means Internet Business runs 24 hours a day, 365 days in a year. If you open a shop in your local area, the Local Police authority will only allow you to do your business up to 12 Mid night. But Internet Business will run even if you sleep. It will run even on the National Holidays. It will run even on the strike, wars, riots or anything else. This Blog is generating income for me even if I sleep, i go to Cinema, even if there is a National Holiday, riots, crime in the city, heavy rainfall …etc…. This is the Best part about Internet Business.

Take the Example of your city – Mumbai. You say that, you have started your marketing business few months back. Now, let us assume that, its a heavy rain fall in the Mumbai for 10 days and whole the Mumbai city is closed. Will your Business still generate income for you? …. Most Probably Not….

But The Internet Business will make money for you even if it’s raining in the Mumbai. So your basic instinct about starting an Internet Business is absolutely right…. Stick to it…

Ok… So Here is a short description of almost every type of Internet Business in this world -

01) Blogging Business -

I will start from Blogging Business because I personally do this Business. So it will be convenient for me to discuss about this business first. Blogging means you create the Information rich content for readers who need it and make money from advertisers. Well, see. you are the reader of this Blog but I am not charging anything from you to read my Blog. But well, Money is also important for me. If I give daily 5 hours behind this Blog than I should get paid otherwise How can I survive without money?

So if you are reading this Blog than who will pay me? Well, obviously if you are not paying me than someone else with fat pocket have to pay me. I mean to say – Advertisers…..

You can see the Google Adds surrounding this article. What are they? Well, they are paying me when you are reading this blog. When literally thousands of people like you read this blog at a time, that significant amount of money directly transfer into my Bank account even if I am sleeping at that time.

Many people in this world still think that, this is a peanut size of money. But well, it’s not. If it was than I would not have spend 1 hour to write 2000 words article for you at free of Cost….!!!!!!

02) Website Business -

You can also start any kind of Website Business. You simply launch a website and start selling any product or service on your website. Within a year or so, people will know about your website and your website will start generating regular income. Amazon, eBay, Indiaproperties, Magicbricks are some of the examples of this type of Internet Business.

You can virtually Sell anything to whole of this world via your website.

03) Discussion Forums -

Many people start a discussion forums online and literally make 6 figure Income every year from it. Say for Example, Cafemedico.net – The Medical forum launched by my Junior Medical Friend. He is just 23 years old and he is making literally over Rs.20,000 per month from his this forum

04) eBay Shop -

You can simply launch an eBay shop and sell literally anything to the people of this world. The monthly rental for eBay shop is as low as $15. Just go to the eBay category of this Blog and you will find wealth of information over there.

05) Facebook Applications -

This is the real form of Passive Income. Certain Facebook Applications like Mafia Wars & Foopets are making literally Millions of Dollars every year for their owners. Don’t think that this is a small Business opportunity. Facebook is world’s Top 10 Largest website having more than 200 Million Active users. So if the facebook was a country, it was world’s fifth largest country. In other words there is a lots of web traffic on the facebook which will make almost any FB App a viable business.

06) Affiliate Marketing -

ClickBank & Amazon Affiliates are the Internet Giants of the affiliate marketing. Affiliate marketing means you sell the product of other people and get commission on it. Don’t think that this is a small income source. Many affiliate marketers in this world are literally making 6 Figure Income by doing this.

You will know everything about affiliate marketing on TycoonCashflow.com

07) Domain Flipping -

Domain Flipping means buy a Domain name at low price and sell it on higher price. You will find a ton of information about Domain Flipping in the “Flipping” Category of this Blog. People usually flip domain names on eBay.com or Sedo.com

08) Website Flipping -

Many Internet Entrepreneurs in this world flip the Internet Business and make literally 6 figure income on that. They buy any website at low cost or may develop a new website out of SCRATCH, market it well, increase it popularity and web traffic and later on sale it on the Flippa.com or SitePoint.com for much much higher price. They do this thing 5 times a year and make literally few lakh dollars.

So the above are the 8 Main Internet Business ideas. Any Money Making Opportunity on the Internet basically revolves around any one or more of the above Basic Internet Business Ideas.

I think this is enough. Still your one query is unresolved – My Opinion about Herbalife. I have first time heard about this. So please give me few days, I will have to understand its Business model first. I will make a separate post for it few days later….

I Hope this much Information will be useful to you and add some value into your life…!!!!