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HIGH PAYING Business Ideas that ANYONE Can Start

 

HIGH PAYING Business Ideas that ANYONE Can Start

HIGH PAYING Business Ideas that ANYONE Can Start imagine a cashier at your local grocery store how much do they earn for every hour they work maybe around twelve dollars maybe more maybe less the exact number isnt important now consider the manager at your bank how much do they earn harder to say but probably over an hour now the cashier may work fewer hours than the bank manager but thats not the point here the point is that for every hour the bank manager works he earns more than four times as much as the cashier
Why well quite simply because time doesnt have a fixed ratio or a fixed relationship to production or to income consider as another example Sara Blakely the billionaire founder of Spanx now Sara definitely put in her hours pounding the pavement peddling Spanx from store to store for years to build the brand and to this day shes a hardworking lady but if today Sara decided she wanted to take the week off and she spent all hours curled up in bed eating bonbons and binge watching her favorite TV series how much money do you think Sara would earn even without lifting a finger Spanx would continue to fly off department store shelves and dollars would continue to fly into her companys bank account Sara would be growing richer by the hour without even putting a pair of Spanx on the math seems weird how can one person be clocking hours for each
While another earns and still another is bringing in hundreds of thousands Wills just sitting on her assets the math isnt wrong though and these situations also dont defy math they just arent straight addition nope this is more like one of those complicated algebraic word problems that you and I have long ago forgotten how to solve heres the basic idea though time and effort can be spent now for immediate cash out you pasco you collect sort of thing or they can be invested like
When you buy Park Place and boardwalk and build a hotel on each chances are youre only a few hundred dollars away from broke at that point but everyone else at the table is quaking because they know youre about to rake it in and theyre about to be screwed another way you can working at the grocery store today and immediately earning bucks an hour or you can invest go to college for six plus years and get your masters in finance and land that in our bank manager position or you can be smart like Sara Blakely and invest that time money and energy into building a business of your own that a few years from now can be pulling in many thousands of dollars per week
Whether you show up for work or not different opportunities require different initial investments of time money and effort many opportunities also require that you have some specialized skills or experience now in this video Im going to share with you several different opportunities that dont require any sort of specialized skills dont require college or any advanced training however these are businesses that require work to and time before theyll earning you any money theyre completely the opposite of getrichquick but they do have the ability to create wealth for someone
Who may be ing at the bottom finally a warning if you try to cut corners and get rich quick with one of these ideas that really requires time and energy and effort then most likely youll just wind up wasting your time and anything else you invest into the venture the first high paying opportunity that I want to share with you today is ecommerce and specifically drop shipping now drop shipping is basically
When you sell physical products online but you dont warehouse them yourself and generally you dont ship them to the customer yourself either instead you are selling products that another company a manufacturer produces and
When someone purchases one of those products from your website you then tell the manufacturer typically with an automated software that that product has been ordered and the manufacturer ships it directly to the customer now you can also build a different type of ecommerce business that sells physical products and you arent a drop shipping
Where you are actually warehousing the products yourself however most people would agree that it will be much easier and require much smaller investment if you do go the drop shipping route because storing products and shipping them can be very expensive if you do your market research and you find a product so there is good demand for there is a huge opportunity for profit here obviously there is an infinite opportunity for selling physical products online this very general industry generates billions and billions of dollars every year and you can find your spot in that market however keep in mind that this is a business like all of the ones were going to talk about today that does require a fair amount of initial investment of time and energy because you have to work to find the right products that there is a good demand for it for your store and then after that youre going to have to put in a lot of effort to effectively market your store so that you can stand out from the crowd and get found by your customers if you do go with the drop shipping route though its not going to require much of an initial investment it wont be free because you will have to initially buy some products to ensure quality of these physical products that youre selling but you arent going to need to spend more than a few hundred or a couple thousand dollars at most another type of physical product business that you could has a really different business model instead of you selling the product on your own site and having them being shipped from the manufacture your selling websites on a third party platform specifically the common way that people do this is with Amazon Amazon has a program called Amazon FBA
Which means fulfillment by Amazon and basically
What it means is that you send your products that youre going to sell to the Amazon warehouse and then
Whenever someone buys one of those products Amazon actually sends it to the customer they deal with all the transactions and they also deal with all of the customer service this business model is similar to drop shipping but it definitely has some different pros and cons now specifically because youre working with a very wellknown company Amazon you can trust them more than maybe you could trust a manufacturer that you dont have as much knowledge or experience working with so you know that Amazon is in fact going to ship the product to the customers however on the other side of things there are some more unknowns because with Amazon FBA you do have to invest more money upfront because you have to buy your products and then have them shipped to Amazon this means you might invest several thousand dollars in your initial batch of products and you may not be sure
Whether or not these products will actually sell and that means that its even more important with this business model that you do plenty of upfront research to ensure that there is demand and it can also be very helpful like you definitely should do this to learn how the Amazon algorithms work to make sure that your products will rank well on Amazon so that you can ensure that you get the sales that you need in order to recoup your investment and earn profits now one of the reasons
Why doing Amazon FBA can be so incredibly profitable is because Amazon already has an enormous customer base and so its easier to actually generate sales with your products and if you were trying to sell the products on your own website
Where you have to drive all the traffic you have to get all the attention all the exposure for your products on Amazon youre going to get some of that built in so you are potentially able to do a much larger volume of sales
Which means more profits also as you can see this doesnt really require any specialized skills or previous experience you need to learn how the FBA program works and you need to learn how to do market research but beyond that youre selling a physical product so youre not having to provide any sort of service or anything like that to customers that you need to have the technical skills in order to be able to provide well within the next type of business that I want to share with you there are many different options for specific versions of this business that you could the type of business is an agency you can an agency even if you dont have much experience or the technical skills to do the work that the agency might provide to the clients yourself an agency is a certain type of business model
Where you have multiple people working for you that are providing services to clients there are lots of different types of agencies out there that you could potentially these include digital marketing agencies advertising agencies creative agencies social media management agencies virtual assistant agencies and online business management agencies just to name a few now as I mentioned you dont necessarily need to have the technical skills yourself you dont need to be skilled or familiar with all of the intricacies of running an online marketing campaign or of a managing an online business or of doing all of the different tasks that a virtual assistant might do however in order to be successful with this business model youll definitely need to have a general understanding of how this field works and how the work needs to get done so that you can make sure that you hire service providers to work for you
Who are actually good at
What they do now this type of business it does require a time and effort to build because you have to take the time to find the right people to work for you
Who are actually very skilled of
What they do and then you have to take time to market your business to attract the customers
Who will be paying your business to provide services for them however its again not going to require a very much initial investment of money because you are providing a service and typically youll only be paying the service providers
When you have client work for them to do though it doesnt require a big upfront investment an agency style business often has a significant monthly overhead
Which just means that your fixed expenses every month can be fairly substantial those are just a few things to keep in mind if youre interested in ing an agency business but an agency business can be extremely profitable and especially can allow you to create a large amount of profit for yourself to earn a lot of money without necessarily having to put in a lot of hours of work every single week since you have employees or contractors
Who are working for you to provide the services to the clients so you arent doing that service work yourself the fourth highpaying opportunity that you can a do with very little skill and experience is one of my favorites and it is to create and sell an online course
Whats great about selling online courses is that first of all anyone can do it but second of all the expense associated with creating and marketing an online course is very low you honestly could make an online course using just the camera in your phone and free software online and then you could selling it and making them money without having to invest any money of your own up front now at first you might think that this type of business or opportunity really would require some skills to get ed with because you have to have some sort of skills that you are teaching in your online course and well that is true Im confident that you do have some marketable skills these might not be skills that you think of right now as marketable skills but there are things that you are good at experiences that you have had in the past that you could share with others so that they could learn from them these dont necessarily have to be business skills or skills that a client would need done for them but if you have any sort of hobby that you are skilled at at all thats something that you could turn into a course that could turn into profit for you the reason
Why selling courses does require time and energy and effort in order to making money with is because you have to invest the time initially to create the course but even more than that you have to spend the time and effort to market the course you have to do market research to find the right customers and figure out how to best talk to them to explain to them the benefits of your course you need to invest effort and take time to get the word out about your course to people even find out about it and you have to convince those people to buy it takes time to get these things right most people spend several months if not a year or two before theyre able to build their audience to a large enough size that theyre able to support themselves with their core sales but this still is a huge opportunity because the profit margins are so good and the online course industry is growing every single year every single year new people are deciding to taking online courses and are investing more and more money into programs like this the final type of high profitable business that Im going to share with you today is that of running a membership or a subscription program there are two different ways that you could do this but both of them are similar in that you are providing something to your customers every single month that they are paying you for on a recurring basis so instead of just buying a product from you one time your customers are signed up or subscribed to pay every single month the most typical version of this that weve seen in the past has been magazine subscriptions but the two versions that all mentioned now is one an online subscription this is often called a membership site and in this type of business you provide a website with content to your customers your customers pay you every single month to continue to have access to this material most often this is educational material but it could be any sort of digital material that your customers or subscribers are paying you to have access for another version of this subscription model that you could consider would be selling subscription boxes that you deliver to your customers every month they initially sign up but then they pay you every single month for a package that you mail them containing items that are centered around a certain theme the more profitable version of this business definitely tends to be the digital version of a membership site because the expenses for that business model will be much lower
Which means youre able to keep very large profits every single month now the great thing about ing a membership site like this is that your profits will snowball from one month to the next as you work every single month to acquire new customers you will experience a little bit of churn
Where some of your customers decide to discontinue their subscription but the majority of your subscribers if youre running your site well will stick around and that means that every single month you will have more members than the previous month
Which means that you will have more subscription payments coming in and youll be making more money month after month even if youre working exactly the same amount each month or even you take some time off as I mentioned earlier on all of the different opportunities that Ive discussed in this video do require a fairly large initial upfront investment of time and energy youre not going to making money from them right off the bat if youre looking though for some opportunities that you could get ed with right now and you dont have much experience or very many technical skills then you need to go back and watch my last video
Which was about exactly that in that video I broke down a process that you could follow to go from
Where youre at now with limited skills resources to having the skills and experience you need in order to take advantage of an opportunity like one of these that weve talked about in this video but I also go into a list of several different jobs that you could get ed with right now even if you dont have any experience or skills at all so if you want to find out about those opportunities then just click up there in the corner or you can check down below for a link to that video and if you want to learn even more about how to get ed working for yourself then make sure you subscribe to my channel I make new videos every single week that cover all the different aspects of working for yourself and how to be more successful at doing that and I would love to have you join me for future videos you can make sure you dont miss the next video by clicking the subscribe button and also by ringing the notification bell so you find out
When it comes out alright well thats all for this video thank you so much for watching if you enjoyed it hit that like button to let me know and Ill see you again next week '
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