How to create a profitable business idea online?

Creating a profitable business idea online! This is the first thing that any Internet entrepreneur must focus on to make money online successfully.

This is the factor of doing or breaking to succeed online or offline. You can spend a lot of time, effort and money chasing the wrong idea. This step is the most important. Frankly, there is no right or wrong way to generate ideas, there are only best practices, common sense and, of course, some luck. Next, I will present best practices on how to develop profitable business ideas based on my own experience and the best entrepreneurs in the world. Now fast forward to the good things.

Create a profitable online business idea by inventing something new

This is the weirdest and most difficult of all. Like Thomas Edison, who developed many devices that greatly influenced our lives. From the movie camera to the long-lasting electric bulb.

If you can imagine a certain product or service that would make people live & # 39; Easier, then you are in business.

• Tim Ferris did this. The author of the worldwide phenomenon "The four-hour work week" Where he preached to live an incredible lifestyle while putting his business on autopilot! He is a master hacker and managed to outsource his life and his business at a very low price. He has created a lot of passionate followers who are ready to help him sell or promote his products and gives them his mind, body and soul. Give gifts, free information and help as much as you can. His blog ranked around 6000 most visited websites, among millions, in SIX MONTHS! If you have something special, unique and incredible, do it.

Create a profitable online business idea satisfying a personal need

If you need a product or service, make sure there are other people who are looking for a solution to that same problem.

Personally when I was a project manager in one of the largest engineering firms. I had to study on my own every day and night to be able to compete and maintain my advantage at that level and deliver projects on time, below budget and with the highest quality standards. Self-learning was not easy and taking courses and workshops consumed a lot of time and money.

• My first online business was an e-learning center for professionals. full of articles, audio and video training and discussion forums. I added more value by assigning tasks and research papers to further consolidate the learning experience and make it as practical and as close as possible to real life. I developed it further and created a membership area for different niches such as: project management professionals and marketing professionals … etc. Professionals would post their most urgent questions and problems and collaborate with others on how to solve them. They would share their experience in their current projects pointing out positive and negative aspects. And explore alternative ways and solutions to try in your next project.

As you can see, I took a simple E-learning portal and turned it into a thriving community full of passionate professionals who share their ideas, experiences and recommendations. They set goals and worked hard to achieve them. And we congratulate each other for the fulfillment of our objectives.

We were such a beautiful little community.

Do you have a current need? Write it. Maybe it's your next big thing.

Create a profitable online business idea by making people live EASIER

We are in love the easy way. We go to Google to find a quick answer and ask a friend for a recommendation.

We want the easiest and shortest route to our goals.

If you can develop an idea to make people's lives easier! They will love you for that.

• Google made life easier for us and now we can find exactly what we need in the blink of an eye. And every day they go beyond local search, blog search, scholar search, image search, movie search, news search and any other type of search you can imagine.

• Mint made our lives easier in terms of managing our personal finances. They develop free and premium software to help people control and manage their budgets more efficiently. They were one of the fastest growing companies in the world and appeared in the New York Times, The Wall Street Journal and Money magazine as the best tool to manage your personal finances.

• Aweber, when CEO and founder Tom Kulzer was a sales leader for a computer hardware company in the mid-1990s, noted that potential customers were falling due to lack of proper follow-up by sales agents. He went on his way and started with Aweber the best email marketing solution I have used and the number one on the scene right now.

Create a profitable online business idea by updating a current idea and make it better

Not everyone has the vision to detect a growing trend or a specific need. Therefore, it is easier to develop and update a current business idea and make it better than the original one.

• Google did this. When they witnessed that search engines simply showed searches without clear standards. They developed a search engine that shows results based on user preferences and history through the exploitation of cookies. Try searching for any term and have your friend search for exactly the same term with a different computer and you will find different results as Google scans your browsing history and behavior using a very complex Algorithm and displays the most relevant results for you. They grew and became the number one search engine and the number one website on the Internet today.

• Tumblr did this. When he was 21, David Karp saw the growing interest in Twitter and Blogs. It combined the best of both worlds. Many people loved to share on Twitter, but the 140 characters and limitations were a problem for some. Others wanted a platform to express themselves freely, but blogs were too technical or too serious for them. The young genius did it and established Tumblr, where you can easily share as Twitter but with the powerful features that only blogs have. Tumblr is now the 35 most visited website on the Internet today. And the future looks amazing.

Create a profitable online business idea by offering incredible service

Sometimes we cannot discover a new business idea or an update to a current business model. Well, the best thing you can do is choose a business model that you like. Study and differentiate not by lowering prices, I am totally against this strategy, by the way, but by offering an incredibly good service.

• Zappos did it. They started offering excellent shoes for sales on their website, like the hundreds of thousands of other websites. But they took customer service to limits never seen before. Sometimes they sent you flowers or a gift or a coupon on your birthday. They can send your products by fast delivery at no additional cost to you and you will be pleasantly surprised. Your customer service would talk to you by phone whenever you need to explain every detail over and over again. Actually, there is a documented phone call that lasted 8 hours. That's how far they took him. The result? Now they are making more than a billion dollars in sales every year! They are the biggest shoe retailer! And their huge customer base does all the promotional and publicity work for them because they were happy and impressed.

Create a profitable online business idea by entering a very specific niche

A niche is a group of people who share a specific interest, hobby or career. You can take a great business idea and divide it into its niche components, study each one and build a business around a niche.

• LinkedIn is the largest professional social network in the world. They took the concept of Facebook and simplified things. They needed millions of teenagers, housewives and television stars. They chose professionals and entrepreneurs and created a website specifically designed to serve them.

• Pat Flynn, one of my favorite bloggers of all time, did this when he started with his training website for the LEED exam – He is a certificate in the world of Architecture – He pointed out to Architects who want to take the exam and built the Better study guides to help you understand the materials and pass the exam. First he passed the exam himself, so he knew what it takes to pass it. The result was more than USD 200,000 in gross sales in its first year and since then it is much better with its amazing SPI blog.

You can do it. Analyze the big companies and break them down. Find what would interest you and create a website around you. As an example, I can consider analyzing LinkedIn and seeing the small components inside. Well, you can start a "young professional social network" or an "executive level social network" or "social network of project managers." First decide. Brainstorm how you can provide an incredibly satisfying experience for your audience and then build a website to do this and more.

Create a profitable online business idea based on your passions and fears

The same concept here. If you are passionate about something. There is a good chance that others are also in love with him. If you are totally afraid of something, you can research and learn to find a solution and create a website that offers that solution. Or simply a website that offers some kind of support group for those who suffer from that fear. Trust me, it works.

Write your passions, what you like to read, listen or watch. Your dreams maybe? Or maybe your fears! Write them down. Then rewrite them again. Anchor them and look at them every day. Add or remove I assure you that you will find something interesting.

Example: I love racing games! I can go and create a need for a speed fan website that offers the latest news and game tricks. Then I can offer a simple ebook that sells my best tricks to beat the boss in the game! Calculate yours maybe as simple as that.

I hate insects! I hate him completely, especially ants. I can build a website and publish my latest solutions to get rid of them! Organic solutions maybe! Then present them in an ebook.

I love to exercise! I am a 14 year old athlete and I practiced everything. I started a website based on how to lose weight for business professionals. I offered direct advice for people who cannot afford a severe diet or training hours. And it worked well!

Create a profitable online business idea by being weird!

Yes, this is not a typo. Although this is not my thing, some people are flooding their bank account with this.

• Tucker Max Ps: Keep in mind that your stories are NOT for everyone. They are uncomfortable for many. Please do not read on your blog if you easily get offended. He is a beach and wanted to document his adventures in a book. Well, all publishers refused to publish it. He did not give up and created a website and published his stories for free so everyone can see them. In a few months and with smart marketing, your traffic soared. This caught the attention of the editors and they contacted him by offering generous contracts to publish what appear to be unrealistic stories. He did it.

• Million Dollar Homepage If you have ever asked me whether to set up a website and invite people to give you money just by putting your logo on a homepage! I would say this will never work! Where is the added value? Well, I'm wrong, this homepage charged payments to put marks on the homepage "to have a part of the Internet"

Other ways to create a profitable online business idea

If your creativity disappointed you. Here are some other ways to earn income by starting an online business.

• Website flipping: similar to real estate. You build a website. Add content Attract visitors and offer them for sale on websites like Flippa.

• Web hosting distributor: with a fixed monthly rate, you can start selling the web hosting service. This can be a profitable business model if it can attract a lot of traffic. I will cover this in future articles

• Review website: check everything that interests you. And offer some affiliate links. You earn commissions on sales made through your links. It will cover how to be a super affiliate in a future article.

• Content writing: if you are a good writer, set up a website and offer your services. You can join Elance or Odesk People have a constant need for good writers

This is the only article you would need to find about your great idea! There is no right or wrong way. As you saw, some unrealistic businesses made money. You will never know unless you try. Stop reading about how to generate profitable ideas for your Internet business and start doing what I have said before.

Simply place a pen and paper, without a laptop, and follow each of the methods described above, from inventing something to updating a current business idea to embrace your passions and fears or point to a very specific niche.

Check each one, brainstorm for each one. Write it. Pin it. Visualize it and you will find your answer. Sooner or later and this is my promise.

Some people argue that they need to prove the profitability of the idea before starting. Well, some people agree and others don't. I do not agree personally. Simply because if you as a person need something or face a problem or a certain fear. Make sure others also feel the same.

If you are inventing something that has never been done before, this test would do you little good. Ordinary people cannot visualize your idea, so your answers would never give you an accurate answer. The example is when they invented the phone. People never imagined that this would be possible and thought their lives were perfect. They invested mobile phones and now people can't imagine how they lived without them and now their lives are perfect, now they can talk on the street! They invented smartphones and now you are connected to your social network, your business and everything.

The idea here is that people can't imagine things. He educates them to accept the new technology. As long as it makes their lives easier, they would be more than happy to listen.

I heard that the late Steve Jobs, the legendary founder of Apple, did not believe in market research. With their revolutionary ideas that redefined what technology is capable of. People could not keep up and give a clear thought about it.

YOU are the creator, create and educate.

I hope you enjoyed this article.

Mohamed Anan

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