Do you want to know what are the 10 best digital businesses to start in 2024? I this podcast, I share all of them and more.
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In this podcast, you'll learn:
- The benefits of starting a freelancing business and how to leverage your expertise.
- Strategies for creating and launching your own courses on various platforms.
- The nuances of launching a coaching business, including life coaching and healing.
- How business consulting differs from coaching and its potential for long-term engagement.
- Tips for becoming a successful graphic design expert.
- The importance of building effective funnels for lead generation.
- Starting a YouTube video agency and offering editing services.
- Exploring automation agency opportunities to streamline processes.
- Running a lead generation agency and specializing in performance marketing.
- The power of launching your own membership and masterminds for sustainable business growth.
Don't miss out on these exciting digital business opportunities in 2024! Tune in and gain valuable insights to help you thrive in the digital landscape.
00:00:00
Speaker 1: I want to keep this podcast to the point and straight because I want to talk to you about the 10 best digital business ideas for 2024. Now, you can go through any one of these or even pick up multiple of these ideas and take it forward. But let me explain to you the pros and cons of each as I go through these ideas. The first best
00:00:16
Speaker 1: business ID for 2024 is to start a freelancing business where you're taking your expertise and providing virtual services to other people, whether it be, you know, designing stuff or building stuff or building applications or whatever is your expertise and knowledge that you have. If you can do remote working
00:00:33
Speaker 1: and provide support to the kind of target market that wants it. You can start as a freelancer. The second thing that you can do in 2024 is to create and launch courses and there are many platforms that you can launch courses. You can even independently launch on your own by creating your own ecosystem.
00:00:50
Speaker 1: The third best business idea for 2024 is to launch a coaching business. Now here, I'm talking about life coaching and healing where you're working 1 to 1 with people and you are really giving them a breakthrough as a coach. Now, this digital coaching was a completely different topic shall come towards the end, which is what my specialization is not that coaching, regular coaching, I'm not specialist and I've done a lot of 1 to 1 even now. I do 1 to 1. But the whole idea is if you,
00:01:13
Speaker 1: you can provide a 1 to 1 life coaching where you're going to be charging people, you know, 20,000, 50,000 and you're independently going to be like providing solutions for people on a 1 to 1 basis. That's number three, number four is a consulting. Business consulting is slightly different from coaching, but coaching is you may get into life issues, but consulting is where you are an expert.
00:01:37
Speaker 1: You're a business consultant, you're providing specific solutions to people and you're holding them accountable for three months, six months, nine months, 12 months, it's a longer engagement and you can even charge premium on this. Consulting.
00:01:47
Speaker 1: Number five is you can become a graphic design expert. In fact, I work with a designer and I pay them quite well and they get a lot of work done by designing logos, infographics, thumbnails for youtube, thumbnails for Instagram reels and a whole bunch of other stuff, you know, podcast, thumbnails and so on. So if you are good in graphic design, even though there are many A I tools out there in the marketplace if you can position yourself in such a way where people can see your work and they want to work with you.
00:02:14
Speaker 1: Uh And if your work is very unique compared to all the regular stuff out there, you could get a lot of work.
00:02:20
Speaker 1: The sixth digital business idea for 2424 is building funnels. This is like the need of the art like lead generation system. You know, whether it be click funnels or swipe pages or you know, whatever page builder that you're using. There are so many tools out there and business owners are looking for experts who can build the entire system for them right from
00:02:41
Speaker 1: the design part, the hook the technology systems, the tracking the pixels and then of course running ads and stuff like that. So that is number six, which is only final building.
00:02:54
Speaker 1: The next idea, which is your seventh idea is to start your own youtube video agency where you are providing editing services and write from concept. Coming up with youtube concepts, the hook the hooks the headlines and also getting people to record the video, send it to you and then you edit the video in a top notch format and publish it on youtube and rank it and get the reach and stuff like that. There are many youtube video agencies that are doing phenomenally well
00:03:19
Speaker 1: and they charge anywhere between from ₹5000 to even up to ₹30,000 per video. And imagine if they can edit end to end and publish videos if they ever do, you know 10 videos a month for a client, they can start to make three lakhs four lacs per client. Now to get to that level, you need to have the expertise.
00:03:34
Speaker 1: Number eight is an automation agency like you know, there are different kinds of automation that one can do email automation, whatsapp automation, you know, Google spreadsheets automation using tools like Zer Ply and many others. And there. And though Funnel building has some bit of aspects when it comes to lead generation, but how do you automate the entire thing and build out an entire automation sequence? Now, if you can become an excellent automation agency, there's going to be a lot of work that you can actually provide for others.
00:04:04
Speaker 1: Number nine is a lead generation agency. OK. Performance marketing agency, whether you're running Facebook ads, youtube ads. Now there is another business idea library. If you have gained the expertise in running Facebook, youtube, Instagram ads, uh you can get on clients who can pay you on a retainer basis on a monthly basis where you're only working on their performance marketing.
00:04:24
Speaker 1: And finally, number 10, my favorite, the 10th best digital business idea about 2024 is to launch your own membership and masterminds. And that's what I do. I have a level one, level two level three, I have three memberships and I have a high ticket mastermind where we have more than
00:04:37
Speaker 1: 100 people who are, you know, paying anywhere between 7 to 10 LACS per year. And that is such a powerful and sustainable business model. And, you know, the best part is what nine business models I shared before this, I've been through all of them. I've been a freelancer. I've created courses. I've done coaching, I've,
00:04:54
Speaker 1: and consulting. I've done my own, I've not sold graphic design, but I'm a graphic designer. I've built funnels. I have edited my own youtube videos. I've done my own automation and I do my own degeneration right now. I don't have any agencies right now running it. And if you want to build all these nine skills
00:05:12
Speaker 1: come into my community, you can go to sids.co/ join and you can join our community. And if you'd like to learn more about my three year digital code certification program on how you can take technology and make into business, go to sids.co/ diamond. And I would like to invite you as a diamond member if you're already in my community. Catch you in the next episode.