Welcome to “A new career for people 55 plus – Part 3. As our age advances, times can be challenging. One of the challenges is often a need for a new career, or income source.

Enjoy Part 3, of the three-part series.

 Starting a Business for under $20 a month (that’s 67 cents per day).

You can start your new online business for just $20 per month. A domain name costs $20 per year and hiring a hosting service costs around $15 per month. The rest of your tasks can be done by you. You might even outsource some work such as writing content.

More retirees supplement their retirement income with an online business, rather than the extreme costs of an offline business.

The set-up cost for an online business is low, and they can set their own hours and be their own boss. All you need is a computer, an Internet connection, some knowledge of both, and you are ready to go.

There are many types of online business that fit the skills and experiences of seniors. It is fairly easy to find a profitable niche that is fun and rewarding.

Most of the technical knowledge that seniors may not be familiar with can be outsourced cheaply. Alternatively, use children and grandchildren to help you. Unlike a traditional offline business, the requirements of an online business are as simple as having an idea, and developing a blog and website.

An online business does require discipline. This may be difficult, but with patience and fortitude, you can make things work.

There is a lot of competition in online businesses. Consumers look for quality and value. You need to convince them that your product is what they need.

Research your niche and never cut corners when it comes to quality.

Keep upgrading and updating your website and blog as you can afford to. Polishing your website and creating interesting content will drive traffic to your site. This will bring more sales and profit.

Types of Businesses you can launch Online.

Whatever your skills or interests, there is probably an online business that will appeal to you. If you are a senior just out of retirement, it is especially enticing to start another career, or build your own business with very little start-up costs and the pleasure of being your own boss.

If you don’t know much about computers or the Internet, you can catch up with many training courses – both online and offline – to move you in the right direction.

There are many types of online businesses. Consider your skills and experience. Check out ideas such as affiliate marketing, writing, recording info products, coaching or selling content (PLR).

There are E-Books and articles available at www.NicksDigitalSolutions.com  The E-Media available is expanding all the time.

If you have a knack for writing, you may want to consider writing reports for businesses, or blog posts for online business owners. Freelance writing is one of the top online services in demand.

A freelance writer can write articles and content and propose creative ideas for future work. Most large businesses and websites prefer to outsource their writing tasks on an as-need basis, so there are a lot of freelance writing jobs for most people.

The growth of the Internet has made it possible for people to have a home-based business. It is perfect for retired seniors, those with disabilities that make it difficult to commute to a job, or to those who desire to create their own businesses and leave a legacy they can be proud of.