Something FreshThere was an interesting thread started in the DropshipHelp.co.uk members area recently which asks about the “best money making internet business”.

Diversifying From Ecommerce


It is good to diversify your business, it can make it stronger in terms of both profitability and stability. You don’t want to completely stray away from your core – abuse that and you may end up with nothing – but diversifying properly stands a good chance of being worthwhile (as will all business though of course their is still risk).

What Is Best?

In the post on the DropshipHelp.co.uk website I said about what is “best” is not necessarily the most profitable, for example a porn website may be highly profitable but would you get enjoyment and pride out of running it every day? I expect not. I think “best” depends on what you are into and where you can utilise your strongest skills.

Money Making Schemes

I would generally recommend you stay away from these ‘make money online’ schemes and ‘get rich quick’ programs. Coming up with a unique idea to fill a niche, creating a business plan and seeing it through is what business is about. Not paying someone $100 to be told how to write a crappy ebook and sell it for $10 a pop to make millions!

Types Of Websites

If you are struggling as to the types of websites you can run take a look at this Wikipedia article, it lists 26 varieties of websites. The nature of the web means the limits are almost endless, and you can create a vast amount of different types and styles websites providing a variety of services.

Conclusion

So if you current business is stable and on the right track and you want to diversify then research properly and put together a good plan. But remember don’t abuse your core business, otherwise you may end up with nothing.