hey there my name is Chris winter and in
this video I'm going to share with you a
few business ideas that I think would
work really well for this year now the
great thing about these business ideas
is that you don't need a whole lot of
and you can pretty much get started if
you've got access to either a phone or a
computer you've got both it's even
better but these ideas will hopefully
maybe clicking your head and hopefully
you'll get to figure out that one of
these might work for you hey by the way
if you're new to my channel I just want
to say a big welcome I make easy to
follow videos and things like starting
online businesses making money online
affiliate marketing personal finance and
more my goal on this channel is to help
you build multiple streams of passive
income which is something that I've been
fortunate enough to do myself so if
you're into any of these topics please
subscribe now and I'd also love it if
you could hit that like button on this
video as it really helps out this
channel anyway let's get started with
the first business idea
so the first business that I'm going to
recommend is to start affiliate
marketing now you might have heard about
affiliate marketing from you know
YouTube or maybe a friend has been doing
it but essentially what affiliate
marketing is is promoting someone else's
product or referring someone else's
product and then essentially you get a
commission from if someone signs up from
your link so a great way to think about
this is to think about Amazon now Amazon
has one of the biggest affiliate
programs in the world and I've actually
been a member of it for I think it's six
or seven years now
it's called Amazon Associates and
essentially what what happens is if I
review something like a camera now I
actually have a photography channel
which is quite large has around about
400,000 subscribers if I recommend a
camera say a Canon 70d a TD they're like
a dealer they might cost around about
1,000 to 2,000 dollars with Amazon if I
say review that camera and then someone
clicks the link it to Amazon to get that
camera if they purchase that within 24
hours I'm going to get a commission
Amazon has a kind of a varying
Commission rate so they go from 4% all
the way up to around about 8% of what
you the purchase amount is so let's say
for $1000 camera to make it quite easy
if someone purchases that camera
I'm going to make around about $40 for
everyone who buys that camera so $40
sounds pretty good but the great thing
with affiliate marketing is it's
generally not just one you know thing
that you're going to be promoting so
let's say I've actually reviewed ten
cameras and you know people who end up
buying 10 times that amount of cameras I
could easily make $400 a day through the
Amazon Associates Program now there are
definitely different types of affiliate
programs that you can sign up for like I
said the Amazon one is a really really
popular one and it's definitely
something that I would recommend if you
are kind of a beginner because it's very
easy to get into another one is the
Shopify affiliate program for example I
make around about $300 to $400 a day
just by recommending Shopify and that's
actually something we're going to talk
about later on in this video
essentially Shopify is a way in which
you can build an e-commerce website so
you can study products online if I
recommend people to use chocolate for
Shopify either through like a tutorial
or a review or something like that I
actually get the first two months of
their signup purchase so it's around
about $50 every time someone signs up
and again you just do this in kind of a
bit more of a bulk kind of way so you
get like 10 people signing up you can
make $500 a day through affiliate
marketing now what is the best way to
promote these affiliate links well you
have to be really careful with
affiliates because you don't want to
come across as spammy so you don't
really just go into Facebook and post
your affiliate link in like 10 different
groups first off it's not going to work
well because people don't really want to
click on random links and secondly that
it doesn't have a long kind of lifetime
value so the best way that I've found to
do affiliates and I'm I do make a lot of
videos on this you can actually check
out my channel if you want to go a
little bit deeper on affiliates is
through doing like tutorials and reviews
so a tutorial for example could be you
know a Shopify tutorial so again we were
talking about the Shopify affiliate
program one of my biggest videos that
refers a lot of affiliate commissions is
a full on Shopify tutorial you know I
sat down for an hour walk to people
through how to set up a Shopify website
and from
people sign up for a free trial and then
converted so that's definitely one of
the best ways to do it
affiliate programs are a great way to
kind of get going especially if you're a
complete beginner now we're talking
about affiliate links and one of the
great ways to promote affiliate links
and this is kind of the old school way
of doing it is to start a blog and
monetize it so a blog is essentially a
website where you can post different
blog posts essentially so you know
written word maybe 800 words per article
about a niche so you could for example
create a financial blog or a blog about
cameras or a blog about beauty or
something like that and then you can
actually monetize it through a bunch of
different methods so the traditional way
of monetizing a blog is through running
Adsense so Google Adsense and that's
essentially google's way of putting ads
on your blog and you know you might make
maybe five dollars per thousand page
views ten dollars per thousand page
views really does depend on your niche
but you can also make money through a
lot of other ways on a blog so like I
said before we can also do it through
affiliate links so let's say you're
gonna be reviewing maybe a financial
service like in one and one Finance
which is a online brokerage you could do
a review about that or a tutorial about
that and if someone signs up from your
blog you can make a good amount of money
you can also do guest posts and
sponsored posts on your blog so
essentially you could you know have a
sponsored post by again m1 financed and
if you know you write a post and you
talk about their product they might pay
you $100 or $200 for that blog post
depending on the size of your blog
obviously if it's a much bigger blog you
can get it to be a bit more successful
you can definitely make a lot more money
than $200 for a blog post maybe even up
to you know $5,000 for a good blog post
now the best way to set up a blog is
probably through WordPress now
wordpress.org is where you would go to
find out all about those websites and
actually on my channel I have a lot of
tutorials about how to set up a
WordPress website
another thing you can do is set up an
e-commerce website and sell your own
products so the best way to do this is
probably through Shopify I talked about
them earlier on in this video but
essentially what Shopify is going to
allow you to do is set up a really
good-looking and well
run Shopify site and you'll be able to
sell your own products now there are a
few ways in which you can source these
products you could do them through
something like a print on demand so if
you wanted to sell t-shirts but you
don't wanna have your own inventory you
can go to an app called print full and
print full will pretty much do all the
work for you so you can just upload your
logo or get someone to design a logo for
logo for you and then from there you can
actually put that logo on you know
t-shirts mugs caps all of this good
stuff and then they'll print it for you
deliver it for you and do all of the
good work so that's definitely one way
of doing it you can also do drop
shipping which you might have heard
about it's very popular at the moment
but essentially what that is is when you
you know you don't have any products
yourself but you would you know find a
product from China generally so through
Aliexpress then you'll use an app called
uber Lo and from there if someone comes
to your website they'll buy that product
and then essentially it'll go directly
from China to your customer now there's
a lot of work that goes involved into
this and it is a very crowded market
probably not what I recommend for
beginners straight away but it can be
good if you kind of know what you're
doing
another option is to self publish a book
now back in the day when you wanted to
create a book it was very difficult
especially if you were a complete newbie
or you're a beginner and you weren't a
household name because if you don't know
generally to create a book you need to
go to a publisher and then they will do
like a book advance and stuff like that
and it is a very very long process and
generally they're not going to talk to
even unless you're a very very like well
we're known well renowned names so these
days it's totally possible there are
lots of sites where you can just self
publish your own book you can even do it
through amazon.com which is fantastic
and another thing that I would probably
recommend if you do have a good idea for
a book is to create a an audio book as
well our audio books are fantastic and
in fact I listen to probably more audio
books than I read books these days
through things like audible and if you
do you know get a microphone like this
it's just a blue getting nano microphone
cost me around about a hundred dollars
and get some really good quality audio
and then you can
tell your audiobook as well and again
you could sell that on your Shopify
website or through you know your blog as
well so you can actually create multiple
different streams of income rather than
just one book which is probably not the
the biggest trend these days whereas a
lot of people love listening to the
podcasts and audiobooks and stuff like
that so that's definitely one you could
make some money with as well now another
one of my favorite things and one of my
favorite like kind of businesses is to
start a YouTube channel obviously this
is something that's quite close to me
and close to my heart because I love
YouTube I've been doing YouTube before I
read about five or six years now in fact
I actually have two channels I've got
that photography channel that I was
telling you about and I've also got this
channel here which is more about
business and the great thing about
studying in YouTube channel is that you
can really build a community so you know
if you get even a community of a
thousand subscribers or 2,000
subscribers that's 2,000 people who
might want to say buy your book on
Amazon or your audiobook or they might
want to go and check out your blog and
it's a great way to really build a long
kind of lasting community apologies
about the lighting it's a clouds come
over but it really is a great way to
really promote yourself and also build
that really good kind of connection with
people because you're sitting there
essentially talking to them for you know
10 minutes at a time 20 minutes at a
time and it's super easy to do that and
another thing that I really like and I
really want to go a little bit more in
depth on this later on in my on my
channel is to create a digital product
now a digital product could be anything
it could be a course it could be a
downloadable it could be a digital tool
like a preset or something like that and
this is a really great way to make some
kind of passive income because a digital
product generally is something that
you'll create you know early on you
might take your an hour or two hours to
create but then once you've got it up on
your website you can actually have it
for a long time and people will just
download it pay for it so they might pay
you $20 $30 for a course they might even
pay up to $500 for $1,000 if it's a
video course and with that you can
really make a good amount of money and
the great thing is is that it's pretty
much all profit after a while because
you
you've put your time in maybe two hours
like I said before but every time
someone downloads it you just get a
paypal notification you get a stripe
notification and that money goes
straight into your account so that's
definitely a great way of doing it now
if you'd like me to go into more detail
about how to create digital product I'm
interested in doing that I would
actually like to do it as well but I
really like the idea of doing online
courses I think they're a great way
because a lot of people want to learn
more these days especially in this kind
of online era so there you go guys there
were some business ideas that you can
start with pretty much no money
hopefully you'll be able to find
something that works for you and
hopefully you've got to get started now
if you'd like me to make more videos on
either of these topics or any of these
topics that I talked about please let me
know and I can make more videos and try
and help you out as best as I can
possible that's it today guys hope you
have a fantastic day good luck with your
businesses and I'll see you next time
bye
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