In the last two years, I have built $120K/year online business as a solopreneur.

In today’s issue — I’ll share 4 online businesses you can start as a solopreneur that can earn you up to $100,000 and more.

Most people think they need to quit their job and become full-time business owners to build a successful business.

That’s not true anymore.

You can build profitable businesses, without quitting your job, spending thousands of dollars, hiring people or without ever leaving your home.

Thanks to the internet and social media.

Here are 4 businesses that you can start today.

Let’s get into it ↓

1. Build a service business online

A service business is the easiest to set up and you can start earning an income from day 1.

All you need is a skill (that solves a problem or delivers value) and a payment method to get paid.

Some example of skills that can turn into a lucrative digital service business:

Copywriting, graphic design, online fitness instructor, accounting, finance, law and more.

Here’s roadmap to get started:

• Step 1: Pick a skill you know or learn one.

• Step 2: Create content about it online (I recommend Twitter or LinkedIn).

• Step 3: Reach out to people and offer to help for free.

• Step 4: Deliver results and turn them into case studies.

• Step 5: Reach out to more people, share your previous work and the results you have delivered.

• Step 6: Start charging.

Here are some resources to get started:

• For website use → Carrd

• For payment use → Stripe

• For client acquisition use → Any social media platform

2. Build and sell digital courses

You can share your knowledge with thousands of people without spending hours teaching each person.

Simply create recorded modules for all the key components and package it as a digital course.

How to get started:

• Step 1: Identify what unique insight you have.

• Step 2: Break it into modules and organize them to teach others.

• Step 3: Record or write the course content.

• Step 4: Publish it.

• Step 5: Create content about it and drive traffic to the course site.

Resources to get started:

• For course hosting use → Stan

• For course creation use → Notion

3. Start a newsletter

Are you someone who wants to make content, but doesn’t like being on camera?

(that’s me btw)

A newsletter is one of best ways to create content as an introvert and share your knowledgeable insights.

It’s one of the best way to build an audience in my opinion.

Two ways to get started:

1. Organic: Create content on social media then drive people to the newsletter to build your newsletter audience.

2. Paid: Create lead magnets and run ads to acquire subscribers.

Combine both and you have robust growth system for your newsletter.

Resources to get started:

For newsletter hosting use → Beehiiv

4. Paid Online Community

Think of it as an online social club, people pay you to connect with like minded individuals.

Building a paid community is the hardest one among the 4 digital businesses but it is also the most powerful one.

Here’s an article about building communities:

A guide to building a Minimum Viable Community (MVC)

Platforms to build a community:

• Skool

• Stan

• Circle

Summary

4 online business that can make $100k and more:

1. Service business online

2. Digital courses

3. A newsletter

4. Paid online community

I hope you found this helpful.

Whenever you are ready, here’s how I can help:

My step-by-step blueprint will help you build your online business in just 5 days.

Join over 115 students ↓

That’s all from me today.

Cheers,

Darosham, Founder, TSB