Jasmine Freeman Žena, 38 let / London

Despite what you can read out there, not everything that glitters in online business is gold. Some have very high hidden costs, while others require an effort and personal dedication that increases exponentially over time. In addition, when this was not foreseen, it can mean the end of any project. But, as you'll see in this article, there are also extremely profitable online businesses that you can start with very few resources and previous knowledge. You just need a good strategy and make the right decisions.

 Profitable online business

 I started creating online businesses at the end of 2013 while working in a pharmaceutical multinational. The economic crisis had completely stopped my professional progression, so, without any knowledge of digital marketing, I started looking for alternative ways to generate income. Three years later, I was already living exclusively on my Internet business, earning thousands of euros a month without having made almost any investment.

The most coveted online business model

There are two types of online business: those that work on autopilot and those that require constant dedication. Logically, the most coveted are the first, those that can become an automatic passive income able to grow without requiring that you spend more time or money.

This type of business must comply with 3 golden rules :

• Solve an existing need  Many online businesses fail because they are guided by an "intuition" of their creator, instead of satisfying a real demand of their target audience. That is why it is essential that you validate your idea, however innovative it may seem.
• Work autonomously A passive online business must be able to generate money without your intervention is necessary. For that, you need to automate the processes.
• Be scalable. This means that you should be able to increase your billing without increasing costs proportionally. Otherwise, the more money you earn, the more expenses you will have.
• Below I will show you the most profitable and easy to start models of today with the potential to generate passive income, and the results that I have achieved with several of them.

• PS: At the end of the article, you will also find a practical guide to choose the most suitable business model for you.

Monetize your personal blog

Creating a blog and positioning yourself as an expert on a specific topic is one of the most sustainable ways to build an online business in the long term.

Do not think of a blog as a personal journal where you can write whatever you think of at any given moment. That hardly has economic potential. A blog is a place where you offer the public your knowledge on a specific topic for free.

Fortunately or unfortunately, most people do not dare to start a blog. He believes that he has nothing to contribute, is afraid of not fulfilling his expectations, or is worried that readers will accuse him of being an imposter.

But those beliefs only exist in your mind. All the bloggers have started with these fears; the key is to choose something in which you are moderately good because there will ALWAYS be someone who knows less than you and wants to learn.

Also, as you work on your blog, you will adjust your focus according to what your audience really values about you and finds interesting.

Another key to success is to specialize because too general blogs do not usually stand out in anything or be able to create a loyal audience. Some specialized ideas for a blog could be:

• Practical advice for cheaper travel
• Productivity to organize tasks at work
• Training in emotional intelligence for parents with children
• Keys to improving public presentations

If you satisfy the need of your audience and you become visible in the blogosphere, you will begin to receive more and more interested visitors. From there, you just have to choose how to monetize your blog.

Publish a book

Until a few years ago, publishing a book was quite a complicated enterprise. You had to convince a publisher to take charge and distribute it among the bookstores, which caused many would-be writers to leave their manuscript collecting dust in the bookstores of their homes or on the hard drive of the computer.

Become a Youtuber

With the rise of content in video format, the idea of creating an online business from a Youtube channel is no longer outlandish.

YouTube is the second Internet search engine, just behind Google, and year after year shows spectacular growth. Although there is more and more competition, it is still relatively virgin territory.

According to Do My Essay Cheap UK, If you consider that you can bring fun or knowledge to viewers, creating a Youtube channel is not unreasonable: in the medium term, you can get to live on it.

Create a podcast

In addition to the videos, there is also audio content known as podcasts. The podcasting is very popular in countries like the United States, where it is estimated that 21% of Americans have listened to a podcast in the last month. Little by little, this channel is also settling in other countries.

In fact, there are already channels in Spanish with thousands of followers like Victor Martin's The Success Academy, where I was interviewed some time ago to talk about social intelligence (one of my great passions).