7 Best Online Entrepreneur Ideas For Tech-Savvy Individuals

If you’re reading this, there’s a good chance you’re considering some online entrepreneurship. After all, who doesn’t want to make money from home? 63% of Americans believe being an entrepreneur is a good career choice, and over 2.5 million business applications were filed in the US in the first six months of 2023.

But with so many possible ventures, deciding which is right for you can take time.

As a serial entrepreneur in the tech world, I’ll share seven of the best online business ideas for tech-savvy individuals.

So whether you’re a coder, a designer, or just someone interested in technology, there’s sure to be something here for you!

1. Starting Your Blog

With recent AI advancements, it’s easier than ever for aspiring bloggers and writers to launch their sites. AI tools can help you quickly set up a professional-looking blog on platforms like WordPress. However, relying too heavily on artificial intelligence can hurt your site’s performance. The best approach combines AI capabilities with proven digital skills like SEO and quality content writing.

Learning SEO fundamentals allows you to optimize your site and content for search engines like Google. This helps readers discover your blog organically. Creating helpful, engaging content that caters to your readers’ needs and interests is also critical. AI can aid your writing process, but well-researched blog posts with your unique voice and perspective are still essential.

Most importantly, aim to build a personal brand that showcases your expertise. Position yourself as a thought leader in your niche by sharing your knowledge, experiences, and opinions through your writing. An authentic, human-centered approach will build long-term reader loyalty.

While AI tools simplify launching a blog, investing time in honing your SEO, content, and personal brand skills is key. Combine technology with digital marketing fundamentals and quality writing to grow your blog readership and turn readers into raving fans.

2. AI-Based Solution Development

Leveraging artificial intelligence can give online entrepreneurs a competitive edge. AI tools like machine learning allow for rapidly analyzing large amounts of data to gain unique customer and product insights. This enables more personalized, customized user experiences.

AI can also automate complex processes to reduce costs and manual effort. With the right technical skills, online entrepreneurs can build proprietary AI solutions or utilize pre-built capabilities through platforms like Google Cloud, AWS, and Microsoft Azure.

An AI-powered approach helps online businesses scale through optimized data analytics, automation, and continuous improvement over time. The ability to quickly leverage data and enhance the user experience through AI gives tech-savvy online entrepreneurs a distinct advantage.

3. Becoming a Social Media Influencer

There’s no doubt that social media has changed the way we communicate and connect. But it’s also had a huge impact on how we consume content. These days, more and more people are turning to social media influencers for recommendations on what to buy, where to eat, and what to do.

If you’re considering becoming a social media influencer, keep a few things in mind. First, choosing a platform that aligns with your interests and where you feel comfortable sharing your voice is important. There’s no point in trying to force yourself to be something you’re not— your audience will be able to tell if you’re being genuine or not.

Second, don’t try to be everything to everyone. It’s important to niche down and focus on a specific topic or industry that you’re passionate about. This way, you’ll build up a loyal following of people interested in what you say.

Finally, remember that being an influencer takes time and effort. It’s not something that happens overnight. So be patient, stay consistent, and focus on creating quality content your audience will love. If you do all these things, you’ll be well on your way to becoming a social media influencer.

4. Developing and Selling Mobile Apps

The mobile app market has exploded in recent years, and there is no sign of it slowing down. If you have a great idea for an app, you could sit on a gold mine. However, developing and selling mobile apps is not as easy as it sounds.

The first step is to come up with a killer idea. It needs to be something people will actually want to use, and it should fill a niche that is not already saturated. Once you have an idea, the next step is to start developing the app or hiring a professional developer who can do it for you. (This is where things can start to get expensive, so be sure to factor in the development cost when coming up with your business plan.)

If you want to develop an app, you will need coding skills and experience with mobile app development platforms, such as React Native, Android Studio, or XCode. If you’re not a coder, you have to find a reliable and experienced developer who can do it for you.

Once your app is developed, the next step is getting it out there and selling it. This can be done through the App Store or Google Play. Alternatively, you could sell your app directly to businesses or individuals who would find it useful.

Either way, creating a high-quality product that people will want to use is essential.

The last step is to market your app and get it into the hands of your target audience. This can be done through paid advertising, PR, or getting word-of-mouth buzz. If you can successfully navigate these steps, you could be on your way to developing the next successful must-have mobile app.

5. Creating Digital Products

If you’re an online entrepreneur or looking for new online entrepreneur ideas, creating digital products can be a great way to build a passive income stream. 

You can create something once and then sell it multiple times, reaching a global audience with your product. And with the right marketing strategy, you can continue earning income from your product long after you’ve stopped promoting it.

Of course, creating a successful digital product takes more than just coming up with a good idea. You also need to be able to execute that idea and create something that people are willing to pay for.

But if you’re up for the challenge, creating digital products can be a great way to build a passive income stream. To be successful, you’ll need to choose a profitable niche, create compelling content, and market your product effectively. If you can do all that, you’ll be well on your way to earning passive income from digital products.

6. Offering Services

If you’re looking for a way to make extra money or even start a full-fledged online business, offering services such as web design, programming, or marketing may be the perfect solution.

Some countless businesses and entrepreneurs need these services but don’t have the time or expertise to do them themselves. That’s where you come in. You can create a steady income stream and even build long-term client relationships by offering your services to these businesses.

Of course, to be successful, you need to have the skills and experience that businesses are looking for. But if you do, offering services can be a great way to make money online.

7. Online Tutoring and Coaching in Tech Skills

Online tutoring or coaching can make for a highly lucrative business model for entrepreneurs with specialized knowledge and skills in technology-related fields. With the demand for technical skills like programming, data science, and digital marketing growing rapidly, your expertise is in high demand.

Some key advantages of starting an online tutoring or coaching business in tech skills include:

  • Low startup costs – You can get started with just a computer and an internet connection. Minimal overhead.
  • Global reach – You can access students worldwide rather than just locally. Expand your potential customer base dramatically.
  • Flexible schedule – Set your own hours and tutor at your own pace. Easily balance with other endeavors.
  • Scalable income – You set your rates and can scale your earnings by taking on more students. High earning potential.
  • Personable – The interactive, 1-on-1, or small group format builds connections and trust with students. More engaging than passive content.

To succeed, focus on a specific skill set to support students. Film tutorial videos they can reference between sessions. Use a platform like Teachable or Thinkific to host your content. Consider targeting high-demand skills like software development, data analytics, SEO, and more.

Leveraging your technical expertise to tutor others online is a fulfilling way to monetize your knowledge as an entrepreneur. You can build a highly scalable business with the right skills and marketing.

Key Takeaways

There are many ways to make money online, but not all are equal. To succeed, you need to find an idea that people will want to use or pay for. Once you have a great online entrepreneur idea, the next step is to execute it flawlessly. You can only start earning money (or even passive income) from your online business.

If you’re inspired and want to start implementing some of these ideas, we encourage you to do so! Just remember that Rome wasn’t built in a day, and the same goes for building a successful online business. Take things one step at a time, be patient and organized, and don’t give up on your dreams.

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