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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

The 5 Best Online Businesses to Start in 2023

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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