5 Most Profitable Online Businesses to Do in 2020

There are two types of online business: those that operate on autopilot and those that require constant dedication. Logically, the most coveted are the first ones, those that can become an automatic passive income capable of growing without requiring more time or money.
This type of business must meet 3 golden rules :
· Solve an existing need.  Many online businesses fail because they are guided by an "intuition" of their creator, instead of satisfying a real demand from their target audience. That is why it is essential that you validate your idea first, no matter how innovative it may seem.
· Operate autonomously. A passive online business must be able to generate money without your intervention being necessary. For that you need to automate the processes.
· Be scalable . This means that you should be able to increase your billing without increasing costs proportionally. Otherwise, the more money you earn, the more expenses you will have.
Next I will show you the  most profitable and easy to start business models today with the potential to generate passive income , and the results that I have achieved myself with several of them.
PS: at the end of the article you will also find a practical guide to choose the most suitable business model for you.

 Here are 5 profitable online businesses to venture into in 2020

 1. Affliate Marketing

Many entrepreneurs who want to enjoy greater freedom opt for this business model. Although you will have to invest a lot of time at first, in the long term it can turn into a totally passive income. In fact, it is not uncommon for people who succeed in this way to end up leaving their job to travel the world.
Affiliate marketing basically consists of creating a web page where you recommend certain products through affiliate links. When someone clicks on those links, they are redirected to the website where the product is sold, and if they buy it, the seller gives you a commission.

  2. Starting  a personal  Blog and Monetizing it

Creating a blog and positioning yourself as an expert on a specific topic is one of the most sustainable ways to build a long-term online businessDon't think of a blog as a personal diary where you can write whatever comes to mind at all times. That hardly has any economic potential. A blog is a place where you offer the public your knowledge on a specific topic for free.
Luckily or unfortunately, most people don't dare to start a blog. You think you have nothing to contribute, you fear that you will not meet your expectations, or you worry that readers will accuse you of being an impostor.
But those beliefs only exist in your mind. All bloggers have started with those fears; The key is to choose something that you are moderately good at, because there will ALWAYS be someone who knows less than you and wants to learn. In addition, as you work on your blog, you will adjust your approach according to what your audience really values ​​about you and finds interesting.
Another key to success is to specialize, because blogs that are too general do not usually stand out in anything or be able to create a loyal audience.

4. Become a Youtuber.

With the rise of content in video format, the idea of creating an online business from a YouTube channel is no longer far-fetched .
YouTube is the second search engine on the Internet, only behind Google, and year after year it shows spectacular growth. Although there is increasing competition, it is still relatively unspoiled territory.
If you consider that you can provide viewers with fun or knowledge, creating a YouTube channel is not far-fetched: in the medium term you can make a living from it.

5. Become a Copywriter

More and more companies and entrepreneurs are committed to strengthening their online presence, and that means that the demand for written content is increasing.
To give you an idea, more than 3 million articles are published on blogs every day. This need to generate content has caused writers to become a highly demanded profile in the online world.
Also, the barrier to entry is very low - you just have to like it and you have to be good at writing.
Within the copywriters there are several levels according to their specialty, experience and the quality of their texts, and their standard rates are usually between 3 and 10 euros for every 100 words (although some charge much more), so a text of 2,000 words it can be paid perfectly to more than 100 euros.


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