TOP 9 Profitable Business Ideas You Can Start Online in 2024

hey guys welcome to silon Valley girl who else likes red as much as I do today we're going to talk about sight hustles that anyone can start online and honestly whenever I tell people to try and start a business I often hear that starting a business is timec consuming expensive and difficult well that's true but it's also so rewarding and I can't think of another activity in life that helps you grow as a manager as a marketer as someone who's super creative and honestly if you're just passionate about solving problems you don't need much Capital

to start your business again I keep reminding you that we started our first company back in Russia with $300 so in this video I'll put together several business ideas that can easily bring you $3,000 a month or maybe more without any substantial upfront investment of course your time is needed your enthusiasm is needed but you can start these online businesses from anywhere in the world and in most cases you'll just need your phone or your laptop these ideas are not overly complicated most of them can be tackled using skills you already have or with just

a couple of evenings spent exploring a specific Niche I will be evaluating each idea based on four criteria difficulty to start investment required profit margins and scalability of course you don't want to start a business that hits a ceiling in just a few months the first thing I recommend before choosing an idea is to set a clear goal of how much you want your business to bring in each month and based on that how much of your time is required how many services or products you will need to sell this basic Financial break break down

will help you realistically assess your chances and set your pricing strategy now let's proceed with the first idea and honestly I'm actually exploring it myself it's called ugc user generated content and earlier on it was so difficult for creators to make money because you either had to be a huge Creator and you had to work with Brands all the time the world is changing now and you can make money as a Creator without the actual following so here's how it works Brands need ongoing social media content to Showcase their product and it's really expensive for

a brand to hire model hire production team write scripts to create some pieces of content for those social media so they found a way to just engage with other people who can create content or review products to create those videos for them and to do this they're willing to pay creators to film reviews unboxings or even viral videos featuring their products apart from being paid there is another advantage that products are being sent to you for free and you get to keep them and in order to start creating user generated content you don't need much

investment just a smartphone with a good camera now the ideal way to start this will be to just pick several products in your house and try to film several videos get inspired by other creators who review products all the time try to create a video that you would consume by yourself and create a profile on Instagram for example where you will post let's say 10 videos of you unpacking different products tag those companies that's your first step it's like your portfolio The Next Step will be signing up on platforms for ugc creators and I will

name some platforms later in this video but let's talk about making money how much you can earn really depends on your current skills I would say the average fees are $150 per video $250 per video if you agree that the brand will be using this video as an ongoing promotion that could be $300 a month ongoing payments there are also several categories that tend to pay more like reviewing alcohol like reviewing financial apps anyways you have to sit down and explore you have to sit down and learn the process of creating videos here are some

platforms to sign up for and again every platform is different depending on the niche also the terms are sometimes different you sometimes you just sell your videos for $150 and the brand does whatever it wants with it so just be careful but again I'm super excited about this I think it's another income stream for me as a Creator but also I can totally see how people who are just starting their creator Journey who don't know how to monetize they can just start off filming videos for Brands okay here are the platforms to sign up for

colie Trend Aspire incense Brands meet creators Billow popular pays join Brands fupm uh to find Brands mini social social cat skers bcz agent the right fit zip recruiter provides annual salary ranges for ugc con creators in the US that top earners can make up to $120,000 a year realistically if you're starting this year I would say a couple thousand by the end of this year again if you're passionate about it if this is something you really want to do at least this is my hope my hope is like 5 to 7K a month uh by

the end of this year let's see how it goes the next business idea is Shopify Drop Shipping starting an online business has never been easy and you've probably heard many times that Drop Shipping is this perfect side hustle that you can start online with no upfront costs I have a lot of friends I have a lot of entrepreneurs who are doing this and yes it can be timec consuming to pick the right products and set up your online store but this is where AI can really make a difference let me introduce you to build your

store AI build your store AI creates a fully optimized Shopify store for you complete with winning products and ready to sell pages in less than 2 minutes plus the AI is completely free for the first 2 days so you can try it out at no cost here's how the process works register and choose a niche that aligns with your interests and market demand set up your Shopify store build your store AI provides clear easy to follow steps to get it done in minutes install the build your store app with just one click the AI creates

your unique online Shopify store sign up for autod DS to be able to access the free products already added to your store autods is an all-in-one Drop Shipping platform with many suppliers and millions of products you can add to your store they take care of everything from product sourcing to automated fulfillment review your store making sure all products are listed and the store is ready for customers go live and start promoting your e-commerce business by following these simple steps you can launch a fully functional online store without any upfront costs or a significant time investment

click the link in the description below to start your online business today with build your store Ai and autod DS a huge thanks to them for sponsoring this video now the next business idea is called email list Automation Services and honestly right now I'm looking for someone to do this for me as a Creator so basically I'm producing videos I have my content but as you know no emails no sales and I haven't been consistent with building my email list and honestly I haven't been consistent in sending emails so I need a person who will

come over to my team review all of the content that I have and just come up with emails for me build that email list ask people to subscribe make sure that sets up kpis in terms of how many people we have on the email list how many people open our emails can we sell ads in that email list can we actually sell a product and if you applied for this job two or three years ago of course that would require high quality copyrighting skills but these days AI is so so helpful there are so many

tools that now help you convert one piece of content to another piece of content for example you can take a video from YouTube and convert it into text you can just dictate whatever you want to an app uh I think apologist release this app where you just talk to this app and it creates a perfect text for you so basically starting such a service requires computer and copyrighting skills email list Builders can earn anywhere from a few hundred per month when starting out to over $10,000 a month as top earners and honestly I've seen people

charge $20,000 per email funnel but these are people who are high professionals they've been doing marketing for a while and they're good copywriters if you're just starting out I would expect again $2 or $3,000 I think I would pay like a $1,000 to a person to do this parttime to come up with emails for me based on my content and uh grow my email list and of course you won't be limited to just one client you can work with many creators and since we're talking about the Creator economy today oh my God I have another

interesting opportunity for you I've seen the rise of Creator Coos but you can start as a Creator sales manager let me dive a little bit deeper into this so basically creators are people who are creative but not I would say like 95% of the creators and not really entrepreneurs so there is this new job on the market where a COO comes to a Creator and says hey I'm going to set up the whole business process review your legal stuff match you with uh agencies match you with Brands work with you on launching your own products

maybe it's a digital product maybe it's a physical product and it's kind of cool but of course becoming a Creator coo requires a lot of skills which you can just learn in a couple of days but there is something you can start with you can become creators sales manager meaning again we talked about ugc right this is an opportunity for creators there are so many platforms where you can sign up as a Creator and get brand deals and if you start as a sales manager like come to a Creator and say like hey I can

help you monetize your content through ugc through additional brand deals with I can set you up with BR list and honestly I'm already working with a couple people like that and I'm paying them based on the volume of dollars that they're bringing in and sometimes they charge 10% sometimes they charge 20% they also have an hourly rate and it doesn't require a lot of upfront education if you're already following creators on social media if you're already interested in the creative economy I'm sure it wouldn't be difficult for you to research all the platforms and to

make sure you understand how to build different revenue streams for a Creator I think this is the future it's just crazy guys how the Creator economy is transforming with you know it's becoming so much easier for people to make money so everybody becomes a Creator but how do you build a business out of it how do you grow as an entrepreneur here's when you can come in and become a sales manager for a Creator if you don't want to create content salaries here can be totally different as I mentioned 10 to 20% of whatever you're

bringing to a Creator plus an hourly fee of say $30 an hour up to $60 an hour depending on your experience the next business idea is also in high demand right now and this is a digital product creation for businesses and creators I know there are some AI tools that trying to tackle this problem basically they scrape all your content from your Instagram and they come up with a digital product but the thing is it's not the quality that I would honestly sell to my subscribers when we create a digital product I work with a

methodologist and normally our digital products are 150 pages long based on our paid content and other creators need those people who will come in and say like hey let's create a digital product for example the topic of your blog is how to optimize space in your office can you just record something for me like a voiceover 30 Minute Podcast of the best practices and I will create a digital file a digital download I will research the products that you mention and include affiliate links and this is how you create a digital product for a Creator

and again you you can charge either a onetime fee of like $500 for creating this product or or you can do like 20% of sales and also help with marketing so I don't even know the right title for this job but again I've seen these people on the market I've seen the demand grow for these people and I would say like digital product Creator again you can work with creators and you can also work with businesses who honestly are constantly looking for online revenue streams for example if it's a local restaurant why not create a

digital product with their recipes and uh maybe like a list of uh the best Farms where they Source their products there ideas everywhere it's just the matter of whether you're interested in them or not another thing that I wanted to talk about is the paid community and I'm currently a member of two paid communities one of them costs like $15 a month oh actually three one of them cost $15 a month one of them cost $40 a month another cost $1,000 a month of course they provide different types of value one is uh motivational one

is nutrition and one is for creators honestly why am I paying for this information because I know people who are creating those channels are actually putting effort into those channels and I love being among people who are paying for information because it means they're also as interested as I am and there are so many ideas flowing around like my if if there was a club to subscribe to like daily healthy school lunches Club where you give like affiliate links to products and also create lunches for kids because this is such a huge problem oh my

God guys I think a whole video is is coming on like the topic of nutrition in American schools and yes it's free we're getting lunches and breakfast for free but like they're bad they're really bad this nation's health is declining and I see why um so starting on P paid Community Helping moms make sure their kids are actually growing without any problems related to those bad lunches like obesity and whatever and hormone problems uh but that's that's another story that's another video but creating an online community will not only provide you with a steady income

because it's a subscription model right it will also allow you to build a community of like-minded individuals and again we mentioned healthy lunches could be a yoga Club baking group cross stitching Circle or a book club members pay a monthly or yearly fee to participate in events access exclusive content and engage with others and it's really easy to set up using platforms like Circle monthly subscription can be set up with a stripe so all of the online tools are already there you can build a telegram mini app this is something that I'm trying to do

so everything is already build for your future paid Community the next idea is YouTube automation or affiliate marketing I recently had two really interesting interviews on this channel the first was with Jake Tran who makes 1.2 million just from YouTube AdSense on his faceless channels and the second was with Charlie Chang who makes $185,000 a month from affiliate marketing on YouTube so if you're interested in making money on YouTube be sure to watch those two episodes they'll give you a solid understanding of how it works and where to start in a nutshell affiliate marketing works

like this YouTubers create videos related to products or services that they promote and this can include reviews tutorials unboxings just like ugc's we discussed in this video but ugc's uh that we discussed were for short videos vertical this is for um long form and then you share unique affiliate links for these products and uh viewers click them they make the purchase and Creator earns commission this commission can range from a few dollars to several hundred dollars depending on the product you're promoting if you're promoting a credit card you likely getting hundreds of dollars you can

appear in the video yourself or you can Outsource the production compile it from b-roll footage with a voice over if you prefer to not be on camera but again watch Jake tr's interview he's the best in faceless videos and we're also trying actually doing some faceless videos for my topic uh English language learning and test prep and they're working well and as I mentioned earlier people make millions of dollars a year from this kind of business but it is crucial to choose the right affiliate programs and to know the art of creating videos on YouTube

again with any business idea you have to be passionate and you have to tell yourself I will make this work if because if you're setting anything with it approach like oh I'll try maybe if if it doesn't work in the first two weeks then I will just abandon it I don't think it's a good approach because it's really easy to give up when you have this kind of mindset my most successful business ideas came from the mindset when I told myself I have to solve this problem I'm one of the best to do this I'm

definitely one of the most fashioned people about this problem this is when it worked okay another one is print on demand print on demand is a business model where products are only printed and produced after the order is placed and again if you're in education I think it is a great business idea because if you want to start something for kids where they learn how to draw you don't need thousands of dollars to print your first batch you just create the product and then if people order it on Amazon or other platforms they print them

for you this eliminates the need for inventory and allows for product customization so you don't need any a investment to start your business of course you need to understand the need you need to research trending designs and products there are actually so many resources you can just go to Amazon products and see whatever there is demand for how many units are being sold this research can be done and popular products include t-shirts hoodies mugs phone cases wall art posters and because I'm from education we see a lot of demand for like handbooks or things for

the kids uh you know different flashcards the most popular platforms for selling print on demand products are Etsy and Shopify and the global print on demand Market size was valued at $6 billion in 2022 and it is expected to grow at a compound annual growth rate of 25% which is a lot and an average print OnDemand business owner makes around $10,000 in almost passive income voiceover Services yes AI is there and yes AI is doing a great job but we still lack emotion and uh people are still using actors for voiceovers and uh I still

use actors for voiceovers yes 50% of my voiceovers in a replaced by AI but I still need people who process that and uh voiceovers are on the rise across various Industries including advertising e-learning video games audiobooks YouTube videos and more the audiobook industry alone is valued at 4 billion and uh I I can't imagine the whole um audio book narrated by AI so there is still demand for voiceover businesses especially if you're an English language native speaker I teach so many creators who take my course and a lot of them don't speak English well they

want to participate in the American Market because this is where Brands pay the most so they hire voiceover actors or they work with AI starting a voiceover business requires a relatively low initial investment all you need is a good microphone a computer and your voice and of course you can add additional services like voiceovers with the ey or script writing or audio production the average voiceover artist charges around $500 per project but again you start with lower rates but experienced voiceover artists can earn between $3,000 and $5,000 a month that was it for me for

today guys I hope I inspired you to start a business there is so many opportunities in this world it's all about being dedicated to several business ideas exploring your interest pushing till the end not giving up week one when nothing happened it's a step-by-step process and the ones who stay longer they win hopefully I inspired you to live a better life and explore more things in this world cuz it's getting bigger and it's getting I guess more exciting in uh some areas thank you so much don't forget to subscribe to silcon Valley Girl and I'll

see you later bye