5 online business models for womens in business in 2021

Once you’ve made the decision to work from home, the next choice involves finding your online business idea. This is the first step to becoming a Womens in Business.

Which is right for you will depend on factors that include the amount of time and money you want to invest, the flexibility of your schedule and how much structure you desire. You can pick between several basic at-home business models, including these:

1. Working Freelance

In this model, you run a business as a sole proprietor offering a service on your own. Women with a range of skills will find this a great fit: graphic artists, writers, programmers, accountants and virtual assistants can all easily create a freelance business.

Going it alone means that you have to come up with your own leads and clients and manage your own deadlines and finances. But, you get the freedom to structure your business the way that you want and allows you to keep a bigger share of the profits.

I work with a range of freelancers on a daily basis from virtual assistants, social media managers, book keepers, graphic designers and web designers spread from India to New Zealand and the USA.    If you have the right skills and professional business manner there is loads of clients out there just waiting for you. As your scale your own business you will no doubt find yourself needing to hire freelancers to help YOU!

Some great freelancer websites where you can advertise your talents (or find freelancers to hire) include freelancer.com, Upwork.com and  WritersAccess.com.

2. Start a Blog

If you have a keen area of interest or skill a blog is a great platform to launch a business.

While it takes time to create lots of valuable content and a loyal audience, blogs have great potential to turn into a steady income. And blogs don’t have to be only written – you can video them if you prefer.  Video’s tend to get a lot more engagement on social media as well.

Ways you can monetise your blog include selling paid advertising space on your page, affiliate links to other businesses, products or courses that pay you commission. Commission is whenever someone clicks through or purchases, and turning your blog post content into an e-book or online course.

Blogging is a great, low cost business to start.  My tip though is to really narrow in on your area of focus.  Don’t cater to everyone with a travel/beauty/health/business blog but rather a niche such as a blog on gardening for small yards, pet grooming, Cruise ship holidays, or island destinations (for example).  Niche is king here!

3. Start an e-commerce site

Sell things directly on your own website or through a retailer like Amazon, eBay or Etsy.

If you are a crafter or artist, this can be a great way to generate steady income from your work. Many people also find wholesale deals, then split up items to sell

You don’t have to create your own products to sell either, you can sell other people’s products buy placing wholesale orders with them.

An even better option is drop shipping where you don’t actually buy the stock or take physical possession of it. But rather act as the middle man making a commission on each sale and forwarding the order to the manufacturer who will take care of shipping.

When investigating opportunities to sell items online, make sure to consider all of the costs involved. Weigh items to estimate postage. Look at fees charged by sites where you list your goods. When pricing items for sale, you’ll need to ensure that your costs are covered while still providing a worthwhile profit.

4. Write an e-book

It’s been said before that everyone has a book in them and rightly so as everyone has a story or skill they could share that is valuable to other people.

An e-book can consist of as little as 30,000 words and can easily be self published this day at a very low cost. With the likes of Amazon and Kindle you can reach an audience very quickly.

I attended a mastermind retreat with a group of talented women a few years ago. In the group was a lady in her 70’s who wrote an e-book on building WordPress websites many years ago. Today she was still making a great income from many years later.  She had loads of affiliate links within her book to things such as plugins and themes, which she still continues to make a handsome profit from

5. Membership Sites and Online Courses

Do you have an unusual interest or a great deal of little-known knowledge to share? A membership site can be a good fit. There are membership sites for areas that range from groups dedicated to hobbies like doll collecting to skills like weight loss, investing and programming. Memberships can be sold on a month-by-month subscription basis. Content can be offered through forums, online videos or slide shows and articles.

A successful membership site requires creating large amounts of content on a regular basis. This can require a large time commitment, especially at the beginning when there are few members of your community or course.

Building on this idea is creating online training course which you can then market to those in your membership group.  There are online training courses on everything under the sun. I myself looove doing them and they often provide life time access so you can go and retake them whenever you like.

Running your own business from home and being a Womens in Business provides a level of freedom and self-determination. This is not always possible at a brick and mortar job.

By finding the online opportunity that best fits your schedule and skill set, you can create a steady stream of income without missing valuable time with your family.