I’ve been an online entrepreneur for more than 15 years. I know, I’m old—but I do know a thing or two about this industry. People often think that entrepreneurship is about having grand ideas and building a huge team, but some of the best little businesses I’ve found have been totally random and operated entirely by one person.
Sometimes the new business owner continues to keep her job and just does it on the side. Sometimes it grows into something big and mighty, but sometimes it stays small and mighty—and of course, that’s great too.
I profiled many of these businesses in The $100 Startup, and continue to write about them on the blog from time to time.
- The man who made $200,000 a year teaching people how to care for guinea pigs
- The family who travels full-time, running a music teaching business from afar
- The guy who designs t-shirts for $100,000 a year (without ever handling any inventory)
- The “Only 72” launch that produced $180,000 in profits (and has now been copied by imitators dozens of times, usually with lesser results)
I firmly believe that online business of one kind or another is the best way to earn extra income. It may not always be easy, but it’s usually better because you can start quickly and your income potential for any given project is essentially unlimited.
Of course, the big problem many people face is: How to do it? Where do the ideas come from, and how can I implement them?
Here’s one answer: Ramit Sethi, the provocative publisher of personal finance information, is re-launching a popular course on launching successful small businesses. I wrote about Zero-to-Launch early last year and many of you enjoyed following along.
As is the case with these things, this is an actual launch—there will be a course for sale at the end of it. But you can also learn a lot just by following along (there’s a free webinar coming up in another week or so), and naturally you shouldn’t feel any pressure to purchase something that isn’t a good fit for you.
If you’d like to follow along, just join the list at the link. You’ll also get a free bonus report with 30 ideas for successful online businesses.