2. Start a Blog
- Estimated income: $100-$10,000+/month, depending on blog operational expenses and monetization channels
- Requirements: writing, content marketing, and search engine optimization (SEO) skills
Starting a blog is one of the most profitable online business ideas. Many six-figure entrepreneurs like Pat Flynn began by blogging about their skills and knowledge to a small audience.
A successful blogging business is more than just sharing thoughts on a subject. Remember to focus on the following elements before you start a blog:
- Niche. A website focusing on a specific theme is more effective than one that covers a wide range of topics. Explore our blog ideas article for inspiration.
- Content quality. Producing unique and high-quality content can turn visitors into loyal readers and rank your blog higher on search engine results pages.
- Traffic size. Bloggers with high visitor volumes usually have better chances of attracting potential business partners and selling their products or services.
- Monetization options. Popular methods to earn money with a blog include affiliate marketing, Google Ads, and sponsored content. Consider combining them to maximize profits.
