To be completely honest with you, there are TONS of different online businesses opportunities that already exist that you can also automate.
Some of the most popular today are dropshipping (AKA Shopify Stores), Amazon businesses, eBay businesses, etc.
As a matter of fact, we partake in ventures of this style as well, but we aren’t going to focus on any of these for two reasons:
- This style of business is becoming saturated with BIG players with EVEN BIGGER budgets
- The longevity and inconsistencies with the products sold by these types of businesses makes it difficult to scale and build a stable long-term brand
So what type of Online Business can YOU start that provides a secure future?
At Cereal Entrepreneur Academy we recommend 2 different types of businesses as your BASE income FIRST…
- Digital Marketing Agency (Manage marketing campaigns for other businesses)
- Personal Branding (Building a business out of your passions)
…then working on some of the other businesses later.
Ultimately, these two business types are much more lucrative and stable than the previously mentioned.
PLUS, once you thoroughly understand building and operating your own agency or personal brand you can QUICKLY master any other type of Online Business.
Another reason that these two types of businesses are extremely cool stems from the BOOMING growth in the last couple of years.
- Technological developments have allowed ANY driven entrepreneur to compete with even the largest marketing agencies.
- Online “digital” education (one of the biggest revenue streams for personal brands) is one of the FASTEST GROWING trend shifts right now (projected to grow from $165B to $275B per year by 2022)!
- TRUE FREEDOM comes from doing something you LOVE to do EVERY DAY. Either of these types of businesses allow anyone the opportunity for a better life right now!
There’s a lot to talk about and I’m STOKED to have your attention so far. I recommend getting started by watching either the “How to Start a Social Media Marketing Agency” OR “Building a Personal Brand [FULL Step-By-Step Video]” to determine the path you’re most interested in.
Each path has the potential to build an AMAZING lifestyle…all you have to do is START!