08 Sep, 2017

Entrepreneur Ideas 2011

Some of the best entrepreneur ideas 2011 are internet based .While the country is still recovering from the ravages of the global economic recession, many companies are still unwilling to hire and are literally sitting on huge pools of money due to the present economic uncertainty. That coupled with the recent downgrading of the country’s credit rating presents a rather gloomy economic picture. With such an outlook, more and more people are turning to the internet in search of opportunities to make an extra income. Some of these internet based ideas are: • Niche websites are one of the great entrepreneur ideas 2011 and involve building a website for an activity that interests you e g Health and fitness, horse riding, golf, dog training etc. Any area that has people interested and is willing to spend money to get more information is a potential niche. Your main aim in this kind of business is getting as many people to subscribe as possible and so it’s better to concentrate on well proven niches instead of looking for untapped ones. • Affiliate Marketing- affiliate marketing ranks as one of the best internet based business ideas. An affiliate is a person who sells goods or services on behalf of another person for a commission. The services also include information .Signing up as an affiliate is normally free. The goods or services one can choose to sell are virtually unlimited but it makes more business sense to sell something you have experience in since then you are liable to know who your potential customers are .Some affiliate marketing sites offer the option for a recurring income once a product is sold. Affiliate marketing businesses carry little or no risk and are one of the excellent entrepreneur ideas 2011. Home based ideas as well as small business ideas have also proven to very versatile especially in the tough economic terrain. This is due to their low overheads (running expenses) as well as their ability to use technology to their advantage to help them adapt quickly. Other entrepreneur ideas 2011 are: • Personalized products/services- people nowadays are in favor of personalized products such as greeting cards, T-shirts etc with their own personal logo emblazoned on it as opposed to designer brands. • Green and organic businesses- green energy and construction, organic foods and clothing, are great ways to make money as more people embrace the ‘green earth ‘concept. • Crowd sourcing services-these kinds of businesses offer an opportunity to the crowds to make business decisions and decide what’s best for a particular business.