The 5 Best Online Businesses to Start in 2023
Published on: December 1 2022 by Bryan Guerra
The 5 Best Online Businesses to Start in 2023
Table of Contents
The 5 Best Online Businesses to Start in 2023
| startTime | durationTime | text |
| 00:00:00 | 00:00:04 | today we're going to cover the five best |
| 00:00:01 | 00:00:05 | businesses that you can start right now |
| 00:00:04 | 00:00:07 | none of these will get you rich quick |
| 00:00:05 | 00:00:09 | but they're proven business models that |
| 00:00:07 | 00:00:11 | you can implement today and scale to |
| 00:00:09 | 00:00:13 | full-time incomes if you're willing to |
| 00:00:11 | 00:00:14 | learn them |
| 00:00:13 | 00:00:17 | and put the work in we'll count |
| 00:00:14 | 00:00:19 | backwards from fifth best to first the |
| 00:00:17 | 00:00:22 | first business we'll cover is selling |
| 00:00:19 | 00:00:24 | wholesale products on amazon this is a |
| 00:00:22 | 00:00:25 | proven business that anyone can start |
| 00:00:24 | 00:00:27 | you don't need to master anything like |
| 00:00:25 | 00:00:29 | sales or marketing for example you |
| 00:00:27 | 00:00:30 | simply need to be able to contact the |
| 00:00:29 | 00:00:32 | wholesale suppliers |
| 00:00:30 | 00:00:33 | then run their products through a |
| 00:00:32 | 00:00:35 | software that will then show you the |
| 00:00:33 | 00:00:37 | products that are profitable |
| 00:00:35 | 00:00:39 | and which ones to buy now the downside |
| 00:00:37 | 00:00:41 | of a business like this is that it does |
| 00:00:39 | 00:00:42 | take a little bit of money to start |
| 00:00:41 | 00:00:45 | probably about two thousand dollars to |
| 00:00:42 | 00:00:46 | be safe so that you can scale and then |
| 00:00:45 | 00:00:48 | obviously you'll need to keep |
| 00:00:46 | 00:00:50 | reinvesting majority of that profit as |
| 00:00:48 | 00:00:52 | you scale it so it will be a bit more |
| 00:00:50 | 00:00:54 | time before you're able to actually take |
| 00:00:52 | 00:00:55 | a good portion of the profit |
| 00:00:54 | 00:00:57 | out of the business for yourself but the |
| 00:00:55 | 00:00:58 | benefit of this is that you're listing |
| 00:00:57 | 00:01:00 | products on amazon that are already |
| 00:00:58 | 00:01:02 | proven to sell have a high demand and |
| 00:01:00 | 00:01:05 | are recognized brands that people are |
| 00:01:02 | 00:01:08 | already actively searching on amazon the |
| 00:01:05 | 00:01:10 | next business is the age-old marketing |
| 00:01:08 | 00:01:12 | agency and this doesn't just have to be |
| 00:01:10 | 00:01:14 | based around marketing though you can |
| 00:01:12 | 00:01:16 | build around like an agency around |
| 00:01:14 | 00:01:18 | anything pretty much any in-demand skill |
| 00:01:16 | 00:01:20 | if people have a problem or they need |
| 00:01:18 | 00:01:22 | something specific done and your skill |
| 00:01:20 | 00:01:24 | solves that for them |
| 00:01:22 | 00:01:25 | you can then offer it as a service and |
| 00:01:24 | 00:01:27 | most people teach to charge a monthly |
| 00:01:25 | 00:01:29 | fee for this but you can really price it |
| 00:01:27 | 00:01:31 | however you want monthly retainers are |
| 00:01:29 | 00:01:33 | just probably the most common form of |
| 00:01:31 | 00:01:35 | pricing model in this business that's |
| 00:01:33 | 00:01:37 | really all an agency is at the end of |
| 00:01:35 | 00:01:39 | the day you provide a service to a |
| 00:01:37 | 00:01:41 | person or a company |
| 00:01:39 | 00:01:43 | in exchange for a fee now yes this is a |
| 00:01:41 | 00:01:45 | bit saturated but it's still one of the |
| 00:01:43 | 00:01:47 | best businesses to start because you |
| 00:01:45 | 00:01:49 | simply need to learn a valuable skill |
| 00:01:47 | 00:01:51 | and then spend your sweat equity to find |
| 00:01:49 | 00:01:53 | paying clients that need that problem |
| 00:01:51 | 00:01:56 | solved or need that skill right you |
| 00:01:53 | 00:01:58 | don't need any money to get started now |
| 00:01:56 | 00:02:01 | the next business is one that i saw my |
| 00:01:58 | 00:02:03 | first real success in after literally |
| 00:02:01 | 00:02:06 | dozens of failures and that is online |
| 00:02:03 | 00:02:08 | arbitrage all online arbitrage is is |
| 00:02:06 | 00:02:11 | buying low and then selling high for a |
| 00:02:08 | 00:02:13 | profit so let's say a product is listed |
| 00:02:11 | 00:02:15 | on a site for twenty dollars for example |
| 00:02:13 | 00:02:17 | and you know that that same exact |
| 00:02:15 | 00:02:19 | product sells on amazon for forty |
| 00:02:17 | 00:02:21 | dollars well you can simply buy that |
| 00:02:19 | 00:02:23 | product for twenty dollars and sell it |
| 00:02:21 | 00:02:25 | on amazon and then keep the difference |
| 00:02:23 | 00:02:26 | in profit for yourself now there are |
| 00:02:25 | 00:02:28 | software's out there that will scan the |
| 00:02:26 | 00:02:30 | entire internet for these deals and |
| 00:02:28 | 00:02:32 | literally spoon feed you what products |
| 00:02:30 | 00:02:34 | to buy and how much you can expect |
| 00:02:32 | 00:02:35 | profit-wise per each product for each |
| 00:02:34 | 00:02:37 | sale but i have so many videos on this |
| 00:02:35 | 00:02:39 | channel on this so if you're interested |
| 00:02:37 | 00:02:41 | it's all there the second best business |
| 00:02:39 | 00:02:43 | to start is content creation now i'm |
| 00:02:41 | 00:02:45 | specifically referring to youtube here |
| 00:02:43 | 00:02:47 | and also mixing in information products |
| 00:02:45 | 00:02:49 | with that like of course teaching |
| 00:02:47 | 00:02:52 | something that you're already an expert |
| 00:02:49 | 00:02:53 | in to upsell to your audience because if |
| 00:02:52 | 00:02:55 | you have a valuable skill and you build |
| 00:02:53 | 00:02:58 | an audience around that niche this can |
| 00:02:55 | 00:02:59 | work extremely well youtube is still the |
| 00:02:58 | 00:03:01 | best free marketing platform out there |
| 00:02:59 | 00:03:03 | by far because you can use their |
| 00:03:01 | 00:03:05 | algorithm to put your content in front |
| 00:03:03 | 00:03:07 | of people that are already interested in |
| 00:03:05 | 00:03:09 | your topic and then build a relationship |
| 00:03:07 | 00:03:10 | with them through long-form content and |
| 00:03:09 | 00:03:12 | you can monetize even further with |
| 00:03:10 | 00:03:14 | affiliate links and brand deals past |
| 00:03:12 | 00:03:16 | that honestly i'm not very good at |
| 00:03:14 | 00:03:18 | filming or editing these videos compared |
| 00:03:16 | 00:03:20 | to most other successful channels but |
| 00:03:18 | 00:03:22 | this channel still pulls in about 1500 |
| 00:03:20 | 00:03:24 | ad revenue every single month and |
| 00:03:22 | 00:03:26 | another a thousand dollars roughly in |
| 00:03:24 | 00:03:28 | affiliate revenue every single month too |
| 00:03:26 | 00:03:29 | and that doesn't even count my teachable |
| 00:03:28 | 00:03:32 | course sales which are typically more |
| 00:03:29 | 00:03:34 | than both of those combined on average |
| 00:03:32 | 00:03:36 | finally the best business to start is |
| 00:03:34 | 00:03:38 | retail drop shipping now retail drop |
| 00:03:36 | 00:03:39 | shipping is where you facilitate the |
| 00:03:38 | 00:03:41 | sale from a supplier |
| 00:03:39 | 00:03:44 | to a customer simply put your listing |
| 00:03:41 | 00:03:47 | products from sites like amazon ebay or |
| 00:03:44 | 00:03:48 | walmart for example at a markup then |
| 00:03:47 | 00:03:50 | when they sell at the higher price you |
| 00:03:48 | 00:03:53 | have the supplier then ship it to the |
| 00:03:50 | 00:03:55 | customer and you keep the difference as |
| 00:03:53 | 00:03:57 | your own profit this works so well on |
| 00:03:55 | 00:04:00 | retail marketplaces like amazon facebook |
| 00:03:57 | 00:04:01 | ebay poshmark and mercari for example |
| 00:04:00 | 00:04:03 | because there's already millions of |
| 00:04:01 | 00:04:05 | customers searching for products on |
| 00:04:03 | 00:04:07 | these websites and most people aren't |
| 00:04:05 | 00:04:09 | pricing out every single website for the |
| 00:04:07 | 00:04:11 | best price specifically on smaller |
| 00:04:09 | 00:04:13 | purchases and impulse buys but you can |
| 00:04:11 | 00:04:15 | also get away with drop shipping a lot |
| 00:04:13 | 00:04:17 | higher priced products as well therefore |
| 00:04:15 | 00:04:19 | you're leveraging millions of active |
| 00:04:17 | 00:04:22 | customers for free and simply taking a |
| 00:04:19 | 00:04:23 | smaller fee for connecting them with the |
| 00:04:22 | 00:04:25 | product that they're actually looking |
| 00:04:23 | 00:04:27 | for shameless plug to both my facebook |
| 00:04:25 | 00:04:29 | dropship pro and my amazon dropship pro |
| 00:04:27 | 00:04:30 | course both are linked down in the |
| 00:04:29 | 00:04:31 | description that will teach you how to |
| 00:04:30 | 00:04:32 | start your own six figure drop shipping |
| 00:04:31 | 00:04:35 | business |
| 00:04:32 | 00:04:37 | on each platform now i made a video very |
| 00:04:35 | 00:04:39 | similar to this about two years ago and |
| 00:04:37 | 00:04:41 | it's funny because these recommendations |
| 00:04:39 | 00:04:43 | haven't really changed much because |
| 00:04:41 | 00:04:46 | these are proven businesses that |
| 00:04:43 | 00:04:48 | actually work and have for thousands of |
| 00:04:46 | 00:04:49 | people if not more like i said |
| 00:04:48 | 00:04:52 | originally though none of these |
| 00:04:49 | 00:04:54 | businesses will make you rich overnight |
| 00:04:52 | 00:04:56 | but if you're willing to put the work in |
| 00:04:54 | 00:04:58 | to learn these you can master them a lot |
| 00:04:56 | 00:05:01 | faster than you might think and you can |
| 00:04:58 | 00:05:02 | scale them into full-time incomes any |
| 00:05:01 | 00:05:03 | one of these i highly recommend that you |
| 00:05:02 | 00:05:05 | check out the video linked up in the |
| 00:05:03 | 00:05:07 | right hand corner right now it'll give |
| 00:05:05 | 00:05:09 | you an overview of how i was able to |
| 00:05:07 | 00:05:11 | start and scale a drop shipping business |
| 00:05:09 | 00:05:14 | on facebook to well over six figures in |
| 00:05:11 | 00:05:16 | profit in well under a year i hope you |
| 00:05:14 | 00:05:18 | enjoyed this video if you got any value |
| 00:05:16 | 00:05:20 | from it whatsoever please give it a like |
| 00:05:18 | 00:05:22 | i genuinely appreciate it |
| 00:05:20 | 00:05:22 | until next time |
