So you really want to start an online business, but there’s one major problem. You don’t know what type of business you want to start.

Because it’s so easy to start a business online—you can literally do anything—it’s also really easy to be overwhelmed with all the ideas you come up with. To make this conversation easy, let’s narrow your choices down to two main categories.

We’ll use the two I mentioned in the How to Start Your Online Business with Virtually No Money episode of my podcast, Master Your Mission—Coaching and Dropshipping.

Now, remember, Coaching means you’ll be teaching other people something that you’re an expert at, like I do. Dropshipping means you’ll have an online shop or boutique where you sell products without ever buying or holding inventory—your wholesaler holds the products and ships them directly to your customers.

To help you determine which option is best for you, I came up with...