3 Online Businesses to Start Post Pandemic
It’s the middle of June, and we’re already four months into the entire pandemic situation. A lot of people were laid off, or furloughed, so I’m using this podcast episode to give you some options out there since I’ve been able to create several income streams set up and was lucky not to be affected by the pandemic much.
So the best online business to start in the post-pandemic world are:
- an online writing business
- start a podcast
- sell your skills online with online courses and online coaching
Why Start an Online Business
We live in an amazing time, with a lot of very cheap tools that you can get started building your online business with. And one of the best things in my life has been starting an online business because it really has given me that freedom to work at home, to work when I want to work and to work on stuff that I’m passionate about.
The three businesses I’m talking about don’t require a lot of money to start with. None of them require a lot of time, either. Maybe for you it can be a side hustle, or you can take it full time like I did in 2017, and I just kept going. So if I can help with anything, please always let me know!
If you’re ready to create a brand and sell your expertise, check out my mentor, James Wedmore’s program below.
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See you inside BBD!
Speaker 1 (00:00):
You are listening to inspire your success podcast episode number one Oh one in today’s episode, we’re going to talk about three online businesses that you can start in a post pandemic world coming up.
Speaker 2 (00:15):
Hi, I’m Michael Leonard and I built a full time online writing business that offers me the freedom to never go back to a cubicle and a nine to five. If you’re like most people you want to make more money to pay off debt, have more freedom travel, and actually enjoy your life. Whether you want to earn $500 per month as a side hustle or scale writing business to five figures per month and quit your job. Making money as a writer has never been easier in this podcast. I want to inspire your success as a freelancer and show you how I 10 X my income in one year and made $20,000 in one month as a freelance writer. If I can do it, I know you can too. Thanks so much for being here. All
Speaker 1 (00:59):
right, welcome back to the show again, this is episode number one. Oh. One of inspire your success with your host Michael Leonard, and as always, thanks for tuning in. And, uh, just wanted to give you a quick reminder if you didn’t, uh, get a chance to listen to episode number 100. Uh, it is a fun episode for me as again, I was very excited to, uh, hit that a hundred Mark of episodes and appreciate all the support. Um, but at the end of it, I talked about how to get some free coaching from me. So make sure you tune back into that episode. Again, I share my story of, uh, starting and becoming a broke, depressed blogger, uh, to making my first six figures online and really take you through my five plus year journey, um, to learn a little bit more about what it’s been like and, uh, again, just to give you some inspiration.
Speaker 1 (01:53):
So if you didn’t get a chance to listen to that and make sure to go back and listen to episode number 100, as soon as you get done with this one. So, uh, again, this one is a really fun one for me, uh, because this is something that I know a lot of people are wondering about right now. And it’s three online businesses that you can start during and after the pandemic. Cause I don’t know, I’m not sure if it’s ever really over yet. Uh we’re what, four months into it here in the middle of June. Um, but yeah, I mean, it’s been a crazy, crazy few months, uh, you know, with the Corona virus and people were getting laid off and uh, you know, so many people were either furloughed or maybe they lost their job and they get, I just wanted to, uh, give you some options out there because, uh, I was very fortunate that I had, uh, several different income stream set up and, uh, really wasn’t affected by it.
Speaker 1 (02:46):
And I want you to have that kind of security in your life as well. So wanna just talk about some of these ways that you can get started because you know what, we live in an amazing time, still with the, and some very cheap tools that you can get started building your online business. So, um, you know, when I, uh, was really thinking about it and reading some stats, I think it was like in April, there was over 20 million Americans that have lost their jobs. Uh, and I think unemployment was like over 14%. Uh, and again, I mean, you know, everyone was getting, or not everyone, but a lot of people got those $1,200 stimulus jacks, but at the end of the day, you can’t really rely on that to, uh, to keep everything going. And so, uh, one of the best things in, in my life has been starting an online business because it really has given me that freedom to work at home, to work when I want work on stuff that I’m passionate about and inspire and help others.
Speaker 1 (03:41):
And so, you know what, you can do that too. And so that’s really what I want to share with you today. So the first thing, um, that we’re going to talk about the first business that you can do is being an online writer. Obviously, if you listen to the show, you’re probably a writer in some sorts, maybe you found me on medium, or you found me through the blog or Instagram. Um, but there are a few different ways you can get started. And, uh, you know, really like right now is arguably the best time ever. Uh, people are still online. It seems like more than ever. Uh, you know, we had a very successful launch or freelance to 5k, uh, about a month ago and people are looking for ways to make money online. And this, this one guys is something that you can get started with literally today, if you wanted to.
Speaker 1 (04:27):
So I’m going to break this down into two parts and I talk about both of them a lot in the show, and we’ll probably link to some other episodes to help you out. Um, but the, the first online business that you can start is of course, an online writing business. And, um, you can do that in two ways. So the first one we’ll talk about is writing on medium, uh, writing on medium is arguably the easiest way to publish content and get eyes on your stuff. So, you know, I don’t mean to bash on blogging, but I tried blogging really hard. I mean like 12, 15 hour days buying Pinterest courses, I got Pinterest coaching even. I mean, I was doing anything I could and it just didn’t work. I learned about SEO. I had bought all these courses. I mean, I worked so hard trying to make blogging work guys, and it didn’t, it just barely was making like $500 a month.
Speaker 1 (05:20):
I’m not sure I ever crossed a thousand dollars. Um, you know, affiliates. I tried ads, I tried everything. And so while I’m not saying he can’t, I mean, I’ve had seven figure bloggers on the show. Um, I’m talking about things that you can start and really make money from quickly. And so medium to me is kind of the 2020 alternative to what blogging was about five years ago. Because back in the day, you could start a blog. You could get people to read your stuff. You could put it on social media, cause there was organic reach still back in the day on Facebook. And you could understand Pinterest. I mean, there was like a lot of things that were a lot simpler, but now driving traffic is really hard as a blogger and it’s really competitive and that’s why a lot of bloggers quit. So that’s why I really like medium because it’s an awesome way to publish content and get eyes on your stuff.
Speaker 1 (06:11):
And that is one of the biggest things that you need as a writer is you need to get some feedback and preferably get some income as well. So that way you can really stay motivated to keep going. And so, you know, if you want to start this medium business, we’re going to launch, uh, some, some products probably later this year, but we have all kinds of free content. We have a medium publishing checklist. We have a couple episodes that we’ll link to in the show notes, but really writing on medium is about staying consistent, kind of understanding the platform. Um, so you’re gonna want to make sure to download our, uh, medium publishing checklist. You can just go to inspire your success.com/medium, and you can get my 11 step checklist there and it can really pay off. Um, you know, you can make a couple hundred bucks a month.
Speaker 1 (06:55):
You can make, you know, one of my articles has made over a thousand dollars from one post or you can do it consistently and you can really have, uh, you know, I think the most someone made on medium in a month was like $20,000, which is crazy. Um, and that’s just from publishing on publications using the medium partner program. So it literally only costs $5 and you can get started. So it really just comes down though, of course, to submitting to publications, really creating high quality content. Um, medium really is not somewhere. You can just put some, uh, OK, article up and expect miracles and you really need to put some time into it and, um, know who you’re talking to. And then you can really just use the platform. You can use their dashboard. Uh, you can become a top writer like I am in some subjects and, um, really just keep creating content.
Speaker 1 (07:43):
And so that is one of the first ways that you can do it. And so again, there’s a lot of ways you can make money writing, but in these two, we’re going to focus on medium and freelance writing. So of course you can still make money as a freelance writer. And so while I love medium, it does not pay nearly as well as freelance writing because with medium, you’re kind of up to you don’t really understand what’s gonna work. What’s not, um, you know, for example, on medium, I can write a 2000 word post and it can make $12. Even if I create a great subject, a great subject line, amazing content submitted to a publication. Sometimes they just fall flat. Sometimes your stuff just doesn’t become a viral hit. So it’s like, man, I spent a lot of time writing a 2000 word article and I made 10 bucks.
Speaker 1 (08:27):
Meanwhile, as a freelance writer, if I’m writing a 2000 word article, I know I’m going to make a minimum $200 or up to 400 to $500. So you can see that a freelance writing is a little bit more dependable because again, you have a rate with your client, you know, who you’re working with, you know, what the content is, you know, that they’re going to pay you, whether it performs or not. Um, and then of course you can do different kind of revenue sharings if it’s a conversion piece and things like that. But at the end of the day, freelance writing is going to be more profitable than medium as far as a per word basis. Again, there are some writers on medium who make five figures a month, but they are publishing every single day. I mean, multiple times a day as well. So again, I think if I had to go back and do it all over again, I would become a freelance writer and I would have my side hustle would be medium because with medium, you can build your brand and you can get started for five bucks a month.
Speaker 1 (09:23):
You get paid directly through medium. Um, it’s available in most countries as well. So again, always check with, uh, where you can get paid and what Stripe account and stuff like that you need. Um, but at the end of the day, you can really do it, but freelance writing is going to be a lot more profitable. So, uh, again, we have tons of content here on the podcast. It’s all about freelancing and writing. So, um, the first, just again, recap is to start building an online writing business. And again, you can do that with medium and with freelance writing. All right, the second online business, you can start in a pandemic is to start a podcast. I swear, guys, you can do it. Uh, I am sitting here with a $60 microphone and my Mac book that is all it took to start the show.
Speaker 1 (10:07):
You don’t need to spend all this money on equipment and all this stuff that people tell you to do. I mean, I see these people in these Facebook groups that just spent thousands of dollars on equipment to start a podcast. Trust me, you do not need that. I mean, we get thousands and thousands of downloads every single month and I have a $60 microphone. I edit it. I don’t even edit it. I put this on garage band and I put it up. So the cool thing is, is that I love writing, but not everyone listening to this wants to write or is really good at writing. And maybe you like podcasting because you know what, there’s a massive opportunity. Check out. Some of these stats that I just found from podcast insights. They said that 70% of the U S population is familiar with the term podcasting.
Speaker 1 (10:48):
They’re just familiar with it. And only 50% of all us homes are podcast fans. I mean, do you have 50% of the U S it’s still is not listening. So there’s a ton of potential there. Um, and it says 51% of the us population has listened to a podcast in 2019. And that was up from 44% in 2018. So as you can tell again, there’s a lot of opportunity out there. And the cool thing is, is it doesn’t take much time. It doesn’t take much money. Um, and you can reach people around the world. I mean, I have listeners literally in pretty much every continent. I mean, and I’ve gotten emails from people. It’s the coolest thing ever being able to share your knowledge and impact the other impact others around the world. And it’s such an affordable online business. It literally costs me, I think, $30 a month for this hosting plan that I’m on.
Speaker 1 (11:42):
And the microphone was 60 bucks. I mean, literally, that’s it. I mean, you can obviously spend more money on other things, but I’m talking bare bone basics, and then you can monetize it all kinds of ways. You can get sponsors, you can promote affiliates, you can sell online courses. You can start a membership site, you can do online coaching, yoga, and you can do all kinds of stuff. And there’s a ton of opportunity out there. So I’m a huge fan of podcasting. I love how simple it is, how effective it is and how you can just impact others with your stuff, because I love writing, but again, not everyone likes to read. Some people like to listen. And so, you know, that’s why I really repurpose a lot of my content that I write on medium. I make it into a podcast because I want to impact as many people as I can with my message and to again, inspire others in their success.
Speaker 1 (12:34):
So really a lot of opportunities on there. I am not a podcast guru. I don’t have some online course about podcasting for you. If you ever want to start one, or you have any questions, you can email me. I have a few different friends that are amazing. Pod-casters with way more downloads than me, um, and are really crushing it. So always let me know. You can email support at inspire your success there. But again, that is the second online business. So you can start at a very, very low price and again, it could literally change your life. And finally, the third thing that you can do in this post pandemic world is kind of what we’re talking about with the first two in a little different form, but it’s all about selling your skills. You can do all kinds of things in this new e-learning space.
Speaker 1 (13:19):
So I have this study here and it says, according to the e-learning industry report in 2015, the online learning space was worth 107 billion by 2025 research. And Margaret’s believes that it will reach a staggering total market of 325 billion. That’s right, 325 billion. It literally goes up $200 billion in a matter of 10 years, look, everything’s going online. It is just the way of the world. We’re experiencing it. Now in this post pandemic world, uh, kids are getting taught. Online. Colleges are going online, employers are going online, everyone’s going online. So if you have a skill and you can sell it and package it up in an online course or offer some one on one coaching or group coaching, you can absolutely create a full time business around this. This is exactly what I do with my program, freelance to five K and also with my coaching program, the freelance to 5k accelerator program.
Speaker 1 (14:18):
And you know, what, if you have a skill in anything, you can absolutely do the same. And so I learned a lot of all this, uh, selling online products and programs and memberships and courses and stuff all through James Wedmore. So again, I’ve talked about a little bit and if you’re listening to this, his program is open, um, for enrollment, you’re not going to want to miss this. If you’re someone that wants to be known as an expert in your space, whatever space that is, whatever niche, if you have the ability to help people and help them speed up success, you can create a course or a coaching or both to do that. And so, again, I’ve learned all this through James Wedmore, who’s made multiple seven figures doing this and has an unbelievable product in his signature program business by design. So again, I’ve talked about it a lot.
Speaker 1 (15:06):
It has just everything you need to start an online business from the modules, the email scripts, um, the mindset of a successful digital CEO and literally everything else. Um, plus it’s the best community to people. Um, you know, if you join, um, you’ll be with me and literally thousands of others of just people who want to help others online and to build successful online businesses without all the hustle and hard work. Um, and so it’s just, it’s been an amazing opportunity and that’s something that I just could not recommend enough. So again, if you’re listening to this live on the day it’s coming out, um, which will be six 22, his signature program just opened up business by design today. If you want to learn more about it, make sure to click the link in the show notes, and you can always email me if you want to know what it’s been like.
Speaker 1 (15:54):
But again, if you listen to any of the recent podcasts, you can tell I’m a huge fan of James. Um, he is really impacted my world and my business and life in ways that I’d never thought possible. Um, so having a mentor who’s made millions and millions of dollars, uh, really will help you speed up success. So again, make sure to take a look at the show notes, you can read the podcast, um, excuse me, read the blog post, listen to the podcast review and all of that as well. So again, those are some ways that you can make money and build an online business to give you that freedom that you want in your life. And again, there’s a lot of ways to do it. Guys. I’m not going to go into all the other ones, but these are three that I’ve personally done.
Speaker 1 (16:32):
I found a lot of success with, and most importantly, I found a ton of joy and fulfillment. So again, a quick recap is I’m making it as a writer and you can do that with medium, or you can do it as a freelance writer. Second one is to start a podcast, which again, you can start quickly, easily and reach people all over the world. And then the third thing is to sell your skills online with online courses and online coaching. So again, if you have any questions about any of this stuff, I’ve been a been plugging away this whole digital marketing thing for about five years now, um, made a lot of mistakes and, uh, had a lot of wins though, as well. So I always like to share everything with you, but again, these are three that I think even beginners can get started with.
Speaker 1 (17:14):
Um, and just a great way to, uh, make some money online. Maybe it’s a side hustle, or you can take it full time like I did in 2017, uh, and just keep it going. So if I can help with anything, please always let me know. You can email [email protected] And again, if you want to learn more about James Wedmore’s signature program business by design, make sure to click the link in the bio. And if you have any questions, again, feel free to email or DM, and I’m happy to share my experience working with James himself. So thanks again for listening and as always guys, I hope you haven’t.
Speaker 3 (17:48):
Thanks for listening to this
Speaker 2 (17:50):
episode of inspire your success podcast. If you’re the kind of person who likes to help others, please leave a positive review on iTunes. So more people can learn about the show. Also, if you have any questions about freelancing, I’m here to assist. Please email [email protected] and amaze. Even use your question for a future episode topic. And if you want more inspiration and freelance writing tips to build your business, follow me on Instagram. My username is at, I am Michael Leonard. Finally, if you’re ready to learn how to make your first thousand dollars as a freelance writer, check out my free seven day [email protected] forward slash [inaudible]. Thanks again for listening.
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- Episode 112: 7 Lessons From My Failed Blog - July 21, 2020
- Episode 109: 5 Ways to Upgrade Your Life During This Pandemic - July 13, 2020
- Episode 108 – From Dream Job at Google to Full-Time Medium Writer - July 9, 2020