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WEB/DIGITAL Businesses that offer (passive income) services?

Discussion in 'Business Models, Niches, Industries' started by djs13, Oct 8, 2007.

  1. djs13
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    djs13 Contributor Read Millionaire Fastlane

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    So I'm starting to get a hang of e-business while learning web design. I've decided that I'd like to go down the route of what many accomplished entrepreneurs on this board have done and thats offering a service, not a product. I could easily start a web site where I make hourly postings and information about my own niche and charge a monthly fee, but I'm not sure how many subscribers I would get - let alone if I would really want to put in all that labor. I really would like to get my brain juices flowing and would like to look at some already established e-businesses that offer services. Can anyone point me in the right direction? I am a little bit confused about what I should be trying to create.

    :thankyousign:
     
  2. Yankees338
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    Yankees338 Bronze Contributor

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    One good example I could think of is PayPal. They strictly provide a service.

    Other examples, although similar, would be websites that offer credit card processing.

    Too pissed off to post more examples at the moment.
     
  3. JScott
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    JScott Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Sorry man...rough end to the season... :(
     
  4. Jorge
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    Jorge Bronze Contributor

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    I think that making something as a CC gateway or a PayPal would be too bigger for starters. You would need funding and several employees

    I really like services like the ones provided by 37signals, you don't need to make deals with too many providers (CC's for example)
     
  5. Yankees338
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    Yankees338 Bronze Contributor

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    I agree. It was the first example that came to my head.


    And Jason, thanks. It was quite disappointing. At least there's next year...hopefully with Torre, Posada, Arod, and Rivera.
     
  6. ProfessorSpeed
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    ProfessorSpeed Contributor Read Millionaire Fastlane

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    It might be a good idea to turn this thread into a passive income ideas brainstorm (if the owner of the thread agrees, of course).

    Here are some ideas paraphrased from Investing and Wealth Management CD by Bob Proctor...he refers to the term MSI technology (multiple streams of <passive/semi-passive> income).

    A lot of these are not E-commerce related, but they still might be of interest to you or spawn some new ideas.

    Write a book, a song, a play, or a movie script
    Publish a book that is under public domain (ebook?)
    Join an network marketing company
    Produce a series of audios, CDs for your given field
    Invent something
    Royalties from intellectual property- give some your idea to take to market
    Real Estate Investing
    Back End Sales
    Referral Fees (maybe in your existing business)
    Web based affiliate programs
    Facilitate or market something for someone else
    Get an insurance or securities license
    Franchise something
    Rent your mailing list for a fee
    Find existing successful products and find new markets or adapt a product to a particular market
    Start a Karate club (you don't have to know anything bout Karate)
    Start a company with painters (you don't have to know how to paint)
    Marketing consultant
    Retailer
    Become a venture capitalist (put together people that need money with people that have money)
    Write a newsletter for a company
    Sell "how-to" special reports
    Start an Entrepreneurial Assoc.
    For something you already sell, opt to take a portion of the sales and no up front fee...rather than a flat fee


    What do you like doing? What have you done well in the past? How can you turn that into a profitable venture? How can you make it passive income?
     
    yveskleinsky likes this.
  7. yveskleinsky
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    yveskleinsky Bronze Contributor Speedway Pass

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    Great ideas! ++rep
     
  8. djs13
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    djs13 Contributor Read Millionaire Fastlane

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    Taking a look at websitepulse.com and 37signals.com, these are all service providers and I like their format. I still need to develop my own niche but would it even be possible for someone like me who is currently learning html to program a web site like that? Or would I have to outsource it to a different firm? I'll keep thinking about an e-service business that would fit me. Thanks
     
  9. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Admin Post
    You're totally going about it the wrong way. I'll make a post about this later this evening or tomorrow.
     
  10. djs13
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    djs13 Contributor Read Millionaire Fastlane

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    Thank you for your help! :) I look forward to reading it
     
  11. CRBFL
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    CRBFL New Contributor

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    I'm looking forward to this as well.
     
  12. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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  13. Nicolas Mertens
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    Nicolas Mertens PARKED

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  14. SquatchMan
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    SquatchMan Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    MJ literally wrote two books about it in between that post and now.
     

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