There has never been a better time to start an online business. Even throughout all of the ups and downs in the financial world throughout the years with the markets going up and down and crashing. The big real estate bubble that happened in the late 1990s.

That is the way the world revolves. Everything comes and ebbs and flows. You have your ups and you have your down. You have your best times to invest in you have times to pull back.

There is one thing that is very certain in this day and age. The Internet is exploding with online businesses with online education.

Thousands of new blogs are being created every day and thousands of entrepreneurs are trying to make your business dreams come true.

So, while it’s getting saturated with a lot of competition, there is still a great chance for you to get ahead if you work hard.

Nothing is easy in this world. Finding a niche or sector to grow a business in an online fashion getting even harder. But there is still room.

Here is a word of wisdom.

Invest in yourself

You definitely have to spend some money on some education and become an expert in whatever you are trying to accomplish.

There are some up-and-coming niches where you can start a business that you should really consider especially on the Internet in 2021.

Membership sites

You could create a membership site. You can invest some money and develop a site where people can sign up and either pay you a one-time fee or monthly residual fee.

The business and entrepreneurship, education, health and fitness, sales and marketing, and believe it or not arts and crafts are some of the most popular niches is in the membership site market.

Resource:  ProfitPerMonth.com.

For more membership site ideas check out these 25 proven killer membership website ideas.

Software as a service

if you can create your own software as a service in a good niche. You can make a lot of residual passive income.

Find niches that are up-and-coming and solve problems for its users.

Here’s a great example that we found. There are a lot of people that are thinking about helping people with their credit and credit counselors are consultants.

So what is the problem they’re facing?

How do they manage their processes? How do they manage their customers? How do they fill their customers?

So, if you created software that was a customer relationship management tool specifically for credit consultants that can help them to manage their customers, you could strike gold. If you follow that previous link you will see examples of other companies that have done just so. While it is semi-competitive there is still room to get in. If you do keyword research on that subject, it’s really not as competitive as you think.

This software as a service could be used for auto dealerships and other financial markets.

Final conclusion

if you think outside the box and find a good niche with either a membership site over software as a service site or even an educational product, you can live the life that you always dreamed as an entrepreneur.