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Being a successful entrepreneur today is all about generating multiple sources of income. The title “serial entrepreneur” is tossed around with ease because the internet has created an avenue through which we can find endless ways to make a living. Those who diversify their revenue streams will help ensure their chances of success without necessarily overburdening themselves.
Through technology, our world has become progressively more interconnected, and has created the potential for hundreds of different business ideas. That said, here are five business ideas that you can launch from your living room.
Online language tutor
Services such as Skype that offer free face-to-face communication instantaneously with anyone in the world have created a market for online language tutors. There are countless startups that offer language lessons by matching native speakers to eager learners. Most of these sites don’t require you to speak the language of your pupils.
Join one of these sites and teach for a few months. This will allow you to build experience and credibility as a teacher. Then break off from your matching agency and start your own private lessons. This will allow you to set your own schedule and price!
Start a blog
The most important rule when starting a new blog is to pick a niche subject that attracts a good readership. If you are a decent writer, this shouldn’t be too hard, and you can also enlist one of the countless copywriters out there to write your content for you (for pretty cheap!). Once you fill your blog with quality content that attracts a solid following, there are many “affiliate marketing” programs where companies like Amazon and Google will pay you to promote their products or services.
