Note: this post has been updated as of February 2018 to maintain accuracy.
I still vividly remember the days before Location Rebel (then Location 180) where I'd sit in my cubicle reading blog posts about location independence from Chris Guillebeau.
The office building I worked at had an outdoor garden patio, where I used to go during my breaks to sit and daydream about someplace more exotic.
I'd pretend I was sitting in a garden in Hong Kong for instance. Other days I'd run along the river in downtown Portland and pretend that I was running on the beach in Bali.
In some ways I think these daydreams helped to fast track my goal of actually being in these places.
In almost ten (!) years since then, I've talked to a lot of people who have built successful businesses – and a lot of people who have failed.
Throughout all of this, there have been a variety of industries that over and over again I see people have success in.
Some are easier than others to start. Some have more monetary upside. But ALL of them allow you to work from anywhere you'd like.
In order to make it a little bit easier to understand the differences between some of these I've rated each business type on a scale of 1 to 5, using three different categories (1 being easiest, 5 being most difficult):
- Learning Curve: How difficult is it to learn the skills necessary to be successful? Freelance, for instance, is pretty easy to grab the basics. Web development on the other hand is essentially like learning a new language and can be much more difficult.
- Monetary Potential: Once you're up and running, how much potential do you have to make the big bucks?
- Time Investment: Certain businesses can get off the ground really quickly, while others can take a few years. How much time do you have to invest before you start to see major returns?
It's worth noting these are all based off of what I've seen. With every single case there are outliers that may see money and success really quickly, as well as people who took much longer to see success.
Want to Work From Anywhere?
We cover the essential skills to get started with many of these in Location Rebel. Thinking of getting going? I'm also happy to point you in the right direction, just leave a comment below.
1) Freelance Writer
Years ago, I told everyone to jump into SEO writing. It was the easiest way to get your foot in the door and make a little bit of money. While SEO Writing still around, it's not as easy or lucrative to get into.
The ideas around content are essentially changed now and for the better. People want better content in the form of blog posts, books, whitepapers, and guides, so freelance writing is where it's at.
For people who haven't done much work online or have never started a business before, this is my go-to recommendation. Why? Because it's easy to find work, doesn't take a lot of technical knowledge, and can help you quickly build two of the most important things in solopreneurship: income and confidence.
We've had dozens (if not hundreds) of people in Location Rebel begin their online empires this way – so if you're not sure where to start, this may be something to consider.
- Learning Curve: 2/5
- Monetary Potential: 4/5
- Time Investment: 1/5
Recommended reading:
- How to Make $3,000 in 2 Months with SEO Writing – We've updated this one recently to better reflect where the market stands right now with this type of writing.
- 105 Places to Find Online Writing Jobs in 2018 – Want to jump into freelance writing today? Then check out this post where you'll find all sorts of places to get pitching.
2) Blogger
For most, your first entry into freelance writing is likely going to be as a blogger. A lot of people are still stuck on the notion that blogging is a personal pursuit where you talk about all sorts of stuff like your travels or favorite books, not true. In fact, pretty much every brand and business out there right now either has a blog up and running or is thinking about it. So there's tons of potential.
Here's the caveat though, this one is actually probably harder than you think.
Seeing success as a blogger takes a lot more than just tossing 500 words up on a page and calling it a day. You want to spend time understanding the audience you're writing for, improving your writing skills, and making your content engaging. But, it's all totally doable with a bit of practice over time.
If you do want to create a personal blog, that's awesome. A blog is a great lead generator and reputation builder, but keep in mind money coming directly from your blog (unless you are selling an online asset or info product) could be relatively little in comparison to say a straight up freelance writing business.
That said, it's one of the easiest things you can do right now in order to get started, and even if it doesn't turn into a business, it can create major positive change in your life. I have no hesitation in saying that starting a blog is the single best thing I've ever done for my career.
- Learning Curve: 2/5
- Monetary Potential: 3/5
- Time Investment: 4/5
Recommended reading:
- Is Blogging Dead? 5 Ways to Grow Your Blog in 2018 – Blogging has evolved over the years but that doesn't mean it's still not a great time to get started.
- How to Make $150 as a Freelance Blogger – This is an older post, but still valuable advice from Tom Ewer.
- How to Build an Online Asset in 48 Hours – Want to start a blog or website? Just follow the steps in this post to get up and running.
3) SEO Specialist:
This is exactly how I got my start. I began doing some marketing and SEO work for Dan over at the Tropical MBA, and for about two years that's where most of my income came from.
Here's the thing, right now understanding SEO is probably more important than ever. There is so much change constantly going on behind the scenes with the search engine operators that most people have no idea what's going on. So having SEO skills can be super valuable so there is a lot of money to be made in this industry.
If you're thinking about getting into SEO be aware that there is a big learning curve.
The people who are true pros have been doing this for years, so it's not some sort of study for a month and call yourself an expert type of deal. But if you do put in the time and work on showcasing results on smaller projects (like your own blog or niche site) you can move up the ladder into the bigger projects.
- Learning Curve: 3.5/5
- Monetary Potential: 3/5
- Time Investment: 4/5
Recommended Reading:
- How to Become an SEO Freelancer in 48 Hours – This introduces you to some of the basics, and was the foundation for how I ran my SEO business
- The Beginners Guide to SEO – This is the definitive free resource on the basics of SEO from Moz. If you want to go this route, then cruise through and read as many of their blog posts as you can as it represents a great introduction to that kind of work.
4) Copywriting
Even though this is part of the general 'freelance writing' world, I like to classify copywriting differently because it's a different style of writing but getting into copy has enormous potential.
I'm often asked about the most important skill you need to have in order to have success online; usually my answer is copywriting. If you can be persuasive with your words, you'll never struggle to make money.
Whether it's selling other people's products, your own products, or writing on a freelance basis, there's such a huge demand for people who know how to write in a way that converts.
Another big plus of being a copywriter is you can do all sorts of things: sales pages, direct mail, flyers, ads (social media/AdWords), video sales scripts, and emails (just to name a few examples). There's a ton of opportunity out there for you to grab.
- Learning Curve: 2/5
- Monetary Potential: 4/5
- Time Investment: 2/5
Recommended reading:
- Influence: The Psychology of Persuasion – Not a copywriting book per-say, but it's the book that has improved my selling ability the most.
- The Gary Halbert Letters – Some of the best sales letters in the world. Read them. Study them. Copy them.
- Copyhour – Derek's program is the best way to improve your copywriting skills I know of.
- Location Rebel Academy – Want to become a better copywriter and learn how to turn it into a business? Look no further.
5) Info-Product Creation
For the last couple years, this has been my primary source of income. If you can find a way to solve other people's biggest problems, create a product around it, and sell it, then you can make a ton of money.
This can take the form is all sorts of products from ebooks to membership sites to courses and video series, there is a ton of potential if you want to jump in.
It's extremely easy to create an info product, however, it's much more difficult to sell it successfully (hence the learning curve score below). The good news is now there are actually a lot of platforms out there that can help make selling info products easier. Sites like Udemy, Send Owl, and Gumroad are all examples.
I've found this type of business to be enjoyable, rewarding, and a lot of fun – however, I always recommend people start with a form of freelancing before jumping into this, as it only increases your chance of success.
- Learning Curve: 4/5
- Monetary Potential: 5/5
- Time Investment: 3/5
Recommended reading:
- How to Create a Membership Site in 48 Hours – This walks you through all the steps you need to consider when building out your first information product.
- 5 Questions to Ask Before Launching Your First Product – Is this the right path for you? This will help you figure that out.
6) Podcasting
Over the past year or two, we've seen a huge increase in the number of people doing podcasts. For many it's a hobby, however, if you structure it right and nail your niche topic, you can make a lot of money.
Usually, this is blended with a combination of a few of these other strategies, but podcasting can be a fantastic alternative to a blog as a lead source, a way to highlight your expertise in a certain niche, and to build your network.
John Lee Dumas is one of the best examples I've seen of this. I didn't take him long to grow his podcast to be one of the highest rated on iTunes and is making 6 figures a month doing it.
Another business model (and probably a better fit for this article is podcast management). Ben Krueger over at Cash Flow Podcasting has built a successful people helping podcasters with everything down to the marketing to the editing. So if you're good with audio and marketing, this is a faster way to make money than starting a podcast yourself.
- Learning Curve: 3/5
- Monetary Potential: 3/5
- Time Investment: 4/5
Recommended reading:
- How to Grow a Podcast from Zero to 400k Downloads a Month – This is an older, but still valuable, post a post John wrote detailing exactly how he got started with Entrepreneur on Fire.
- How to Start a Successful Podcast (For Under $100) – Here's another post on getting started, this one from Shopify.
7) PPC and Facebook Ad Consultant
Ads are a huge business right now, especially with social media and AdWords. Most people know they need them but don't want to get too deep into the weeds on how to actually get these things up and running successfully. A former LR member Mike Erickson took his PPC skills and created a successful company out of it, Search Scientists.
In my mind, this falls into the category of easy to learn, tough to master. If you want to get paid good money for this you have to be really good at tracking and setting up analytics, testing copy etc.
The most difficult part of it is that in order to learn you have to actually spend money on ads. This is why I have the learning curve so high here – because it can be an expensive experience to get your feet wet. However, once you've got it down there's certainly money to be made.
- Learning Curve: 4/5
- Monetary Potential: 3/5
- Time Investment: 3/5
Recommended reading:
- Wordstream: Pay Per Click Marketing – Wordstream is trying to push their services here, but I think this post does a good job of introducing some of the basics.
- 100 Days of AdWords Help: Everything You Need for a Profitable Account – This is a really awesome series of posts that will help you dig into AdWords and get started.
8) Web Development
Web development and code is one of the best educations you can give yourself online. You will always be able to find work, and it generally pays really well. That said, it's essentially learning an entirely new language and it can take a long time to get proficient.
This skill is another one that you can't pick up in a month or two and call yourself an expert. This is a skill that will build over time with dedicated effort. But, once you start getting that skillset under your belt, you can really take off with tons of work opportunities.
My friend Evan Lovely is a front-end developer and a little while back he convinced his boss to let him work from the road. So he took a trip all over the world and worked from his 11 inch MacBook Air.
- Learning Curve: 5/5
- Monetary Potential: 4/5
- Time Investment: 5/5
Recommended reading:
- Code Academy – Not reading so much, but if you want to get your feet wet, this is the best free service out there I know of for learning to code.
- My Journey to Becoming a Web Developer From Scratch Without a CS Degree (and what I learned from it) – This is a nice post from someone who started at the beginning.
9) Back Office Setup and Management
This is something I'm seeing more and more people having success with, but not that many people are talking about it.
Some of the newest "all in one" marketing and back office services like ActiveCampaign and Infusionsoft can be difficult to setup and manage if you don't know what you're doing from the start.
As I know more and more bloggers and small business owners who are at the point where these solutions make sense – they're looking for help managing these services.
All this takes is a good understanding of funnels and the software that is going to be used. If you can take a week to set up someone's email campaigns with all the right tags and deliveries, you're a champ and have a potential business on your hands.
- Learning Curve: 3/5
- Monetary Potential: 3/5
- Time Investment: 4/5
Recommended reading:
The best way to go about this specifically is to pick a tool and really dig into it. Most have their own courses.
10) Social Media Consulting
Are you a social media whiz? Are you able to collect followers faster than all of your friends, and be attentive and interesting at the same time? This could be a great opportunity.
Everyone from large corporations to small companies to solopreneurs can need help rocking their social media presence around the web. You can take two paths with this, either get a feel of all the platforms out there and present yourself as a generalist or dig really deep into just one like Instagram or Pinterest and become one of the go-to pros on that platform.
Social media is becoming increasingly important and brands are looking to market directly to Millenials and Gen Z, two groups who are very social media savvy. Land one large client or a few smaller ones and all of a sudden you've got an income that you can support yourself with from anywhere in the world.
- Learning Curve: 2/5
- Monetary Potential: 2/5
- Time Investment: 3/5
Recommended reading:
- How to Make Money as a Social Media Consultant – Alexis Grant has been doing this for years and shares her best posts and products on learning this skill.
- How to Become a Successful Social Media Consultant – Here's another post that gives you the basic details of what it takes to dig into this.
Digging into More Businesses
These are the 'big ten' that a lot of people start with. But by no means does that mean your online career aspirations have to fall within one of these options.
Your best bet is going to be the business you create that combines your skill set with something you actually enjoy. So don't discount what you already know how to do, you might find that you'll stumble across the perfect mix.
To help get you thinking outside the box, here are a few more ideas that you can dig into:
- Remote customer service expert
- Podcast editor
- Home design consultant
- Etsy consultant
- Dropshipping
- Language teacher
- Photographer
- Video editor
- Online course creator
- Project management
- Blog manager (someone who manages a team of writers)
- Kindle book writer or editor
Any of these ideas getting some thoguhts bubbling? Awesome, that's exactly what I like to see. It just goes to show that you have the opportunity today to really work from anywhere.
Ready to Get Started?
These days there is so much opportunity out there for building a business that allows you to be a Location Rebel. There are thousands of different online businesses you can create, often it just takes a little bit of creativity and the ability to stay focused long enough to get it off the ground.
The ideas listed here are just a starting point. Other members of our community are killing it with app development, e-commerce, theme design and so much more. I chose the 10 above because I think they represent a good combination of interesting, marketable, and attainable.
Questions about how to get going? Just leave a comment or shoot me an email!
The post 10 Businesses You Can Run from Anywhere (And Start Today) appeared first on Location Rebel.
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