There are a lot of things you can do online individually for profit; from writing content to blogs, from reviewing products to taking surveys. You can even clear a pretty tidy living individually without having to put in too many hours, or deal directly with superiors.
However, there comes a point when it becomes time to branch out, and do something which has greater reach and potential than individual efforts.
Cryptocurrency Mining--
The internet provides a lot of business opportunities that are complicated, and some that are pretty easy. For example, instead of investing in cryptocurrency, with $10k to $20k you can start a bitcoin mining operation that will pay for itself within the first half year.
Basically it involves going to BitCoin, signing up to be a miner, and then designing varying hard-drives and computers to do the job.
Your only real cost is the electricity, a strong web connection, and the hardware. If you play your cards right, you’ll have a steady means of pulling in a few hundred dollars without any need for direct management or overhead beyond maintaining the equipment.
This can be an excellent way to cover small expenses, or to finance online marketing campaigns. Additionally, as the revenue stream grows, you can use profit to expand your Bitcoin mining enterprise such that it becomes a profitable end unto itself—but you will get to the point, within several years’ time, where you’ll need to take on employees.
SEO and SMO--
Something else that’s pretty lucrative is SEO, or Search Engine Optimization. Basically, you’re designing content so that it’s more visible to varying search engines.
Your clients pay you to optimize webpages, HTML code, written content, and even visual content for greatest online visibility. SEO is relatively easy to learn, and there are many outlets through which you can work to get an idea of the market’s ebb and flow.
You can use conventional online freelancing to help you find work, then once you’ve learned to write well enough, you can bring other people in, accept more projects, and eventually start your own online SEO business.
This can be started individually, and if you work at it 40 hours a week, you can easily clear $3k a month continuously and sustainably. You’ll make many inroads which allow you to determine those with whom you can work.
Social Media Optimization, or SMO, can also be very lucrative and simply requires a certain level of social media savvy. That said, there are a ubiquity of analytics out there which can be used to more optimally hone efforts toward greatest success, and both SMO and SEO are currently competitive.
Reduce Infrastructure and Dig for Internet Gold--
Whatever you find that works best for you, you want to acquire infrastructural solutions which simplify basic operational costs and the need for excess employees. You can do payroll online with an app, for example. “This saves you time and eliminates the need for an additional position among your company.”.
Today’s world allows for total mobility. You could assemble a staff from all over the world, pay them via PayPal, and never meet them—but yet have total trust in them through application interface. So think outside the box, and see what solutions are right for you in terms of internet business. A little digging could bring gold.
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