Are you fed up with your job and want to start a business? Then you are in the right place.
Starting their own business is a dream for many people because it will change their life if it goes well. Even if you check the list of world’s richest people, there is no person entered into the list by doing 9 to 5 job.
Starting an own business is a great option to choose over doing a 9 to 5 job. But many people gave up their dream because of the lack of financial stability and lack of information about how to start? and more…
Don’t worry, we are here to help you know more about setting your own business. Do you know, you can start your own business without any investment. Yes! There are many business opportunities that can be started even if you have no bucks in your hand.
Here, in this post, we will let you know the 13 best ideas to start a business without investment. Any normal person can start their own business using these ideas. You don’t have to be an expert in any field to start it.
Can’t wait to start your own business? then check the list below and start today!
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Smart & Easy Ideas To Start A Business:
Blogging is the best option for anyone who wants to start a business online. I think most of the internet geeks aware of blogging and its earning potential.
There are a lot of people on the internet making thousands of dollars monthly by doing blogging from home.
The best thing with blogging is you can choose your own & interesting topic which you are passionate to write every day.
By devoting 3 to 6 months of time, you will start earning a few thousands of dollars from it.
The maximum you can make from your blog completely depends on your hard work and dedication towards it.
You can start your own blog for free using Blogger or WordPress.
If you can afford to spend a little budget on your blog then a self-hosted blog is a good choice. All the things you need to buy are just a domain address and hosting service.
My suggestion for new bloggers is to go with Bluehost hosting service because it is the cheapest ($2.95 per month) in the industry and it will give you a free domain address(You don’t need to buy it separately.)
Want to start a blog? check the step-by-step guide to create your blog in just 30 mins. Cheers!
2. Affiliate Marketing:
Ever heard about affiliate marketing? If you don’t know about it, let me explain it simply.
Affiliate marketing means you will earn commissions if you sell other people’s products. You need to find the best products to promote. Once you find it, you can sign up for their affiliate program.
You will get your own tracking link for each product you promote. If anyone purchases a product using your link, then you will get a commission from the owner of the product.
These commissions vary from product to product. Usually, you will get 15% to 50% of commissions from affiliate products.
Affiliate marketing is a great way to start your own business. You don’t need any investment to start it. If you still want to know more about affiliate marketing, then look at this best course for new affiliate marketers.
Learn how Michelle, owner of the course making more than $100,000 per month with affiliate marketing.
3. Freelance Writing:
Do you have good writing skills? then freelance writing has a great market to start your own business in this field.
So many busy bloggers and business owners hire freelance writers to write good content for their blogs. And some products and service owners also consult freelance writers and ask them to write honest reviews.
A professional freelance writer makes $200 to $15oo per each article they write. A newbie can expect a minimum of $50 per each article.
If you want to enter into this business, you need to build a portfolio with your previous articles to convince your clients.
Practically, in the freelance writing business, you have to start writing for free (if needed) and have to grow step by step.
Reviews and Testimonials from your previous clients are very important in this business, you need to update your portfolio time-to-time to demand your own prices per article.
Within 2 months of time, you can reach a position where you can demand $200 per each article.
4. Dropshipping Business:
Dropshipping business is the trending business model nowadays on the internet.
In dropshipping, first, you have to open an online store. Then you will buy products you want to promote from a wholesaler for low prices. You will add your profits and list them in your store with new prices.
How Dropshipping works:
- For suppose, If you buy a product from the wholesaler for just $10
- You list the product for $50 on your online store.
- If you sell, you receive $50 and you pay $10 to the wholesaler.
- You will keep the profit of $40. This is how dropshipping works.
You don’t need to bother about the shipping process, the wholesaler will take care of the shipping process.
You also can sell Amazon and AliExpress products in your store with the help of Shopify.
5. Selling T-Shirts:
Selling T-Shirts online is one of the quick and easy ways to start your business.
If you can guess what people would like to wear & design the stuff to print it on T-shirts, then it will be easy for you to establish your own brand.
Draw some simple designs and quotes on T-shirts which make them creative and attract people to buy them.
You can sell them on your own online store or there are many online platforms on the Internet.
You need a T-shirt printer and shipping partner if you sell in your own store. Or if you sell on 3rd party T-Shirt seller platform, then they will print and sent to your customers and share profits with you.
6. Selling Online Courses:
Selling online courses is a good idea when you have something to teach people. You can create a course either in a documented format or in a video format.
You can set up your own price for the course and promote using digital marketing techniques.
Also, there are some platforms on the internet to sell your courses, those are
7. Starting A YouTube Channel:
If you are not comfortable with blogging and writing things, you can start a YouTube channel to share your experience with videos.
The choice is up to on choosing your topic like Travel Videos, Explaining about automobiles, Tech channel, Tutorials, etc.
One real fact about the YouTube channel is it cannot make you thousands from the day you opened the channel.
It takes 6 to 12 months of time and you need to update your content with consistency. If your channel is going well, you can easily make $100 – $500 a day by monetizing your videos and affiliating products.
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8. Becoming A Graphics Designer:
Do you have any designing skills? Even if you don’t, you can learn within less time if you are interested in designing field.
As, a designer, if you are able to design logos, business cards, promotional banners, explainer videos, and more then you can make it a new business.
Almost every business need promotions and every promotion need a designer. This field has a big market.
You can approach from small companies to big companies when you have great skills and work. Once they like your work, they will buy from you every time.
9. Virtual Assistant Services:
Managing a company or business is really a big job for anyone. Anyone will become ultimately busy when they enter into a business.
When they don’t have time to complete their regular tasks, they will hire virtual assistants to complete their incomplete tasks every day.
These tasks are maybe sending emails, customer support, making promotional content, managing accounts, creating pins when it comes to blogging, etc.
10. Advertising Manager:
Becoming an advertising manager for small or big companies is a great business idea. But you need some more digital marketing skills than the company people do.
Don’t worry if you don’t have digital marketing skills. There is a way to learn if you are interested. Google is offering some digital courses for interested people where you can learn completely for free.
They will give you can certificate if you pass their test. These certificates are enough to start your business.
All you need to do in this business is, you will increase sales or reduce advertising costs by targeting mostly related people.
You can become an advertising manager for more than one company at a time.
11. Writing & Selling eBooks:
Unlike creating online courses, you can put your content in a book format and publish it as an eBook.
This is also similar to selling courses, but in an eBook, you can write about your experiences, fiction stories, guiding topics, etc.
Like online course selling platforms, also there are some platforms where you can publish and sell your eBooks online.
These are the popular platforms to sell your eBooks.
Your earnings will be based on the popularity of your book and your sales.
12. Becoming a WordPress Developer:
If you have programming skills, then you can make a good amount of money by designing WordPress plugins and themes.
WordPress is one of the biggest platforms where anyone can start their own website or blog without having technical and programming knowledge.
It will be very helpful for everyone if you can make things easier with your plugins and themes. You can sell them and once your products are doing well. You will get millions of sales.
13. Designing Websites & Smartphone Apps:
This is also similar to the above (WordPress Developer) business. But here in this business, you are not limited to WordPress, You can offer any type of website, either static or dynamic.
Not only websites but designing smartphone apps are also a high paying business model in the industry. A good developer can make thousands of dollars by designing websites and mobile apps.
So, here is the list of smart and easy ideas to start a business without investment. I hope this article will help you to find the best one for you.
If you have any other business ideas please share them in a comment or contact form. Leave a comment below if you have any other queries regarding this post.
Siva Mahesh is a full-time blogger and personal finance expert featured on US News, Yahoo Finance, Legal Zoom, The Simple Dollar, Databox, Business.com, Business News Daily, and more. He is the owner/founder of Dreamshala, a go-to place for 100,000+ monthly readers to find legit work from home jobs and make money online ideas.