The cold hard truth on Business Money & Life is that it is tough to live through all three of these initially. But, once you get going, nobody ever gets to stop you. One after the other, everything starts to fall into the place. So, if you plan Starting a Business with no Money , this article will help you with it. Just make sure you’ve read it from the start to the end.
If you really expect a Straight forward answer to this question, here’s my solution :- If you keep on copying rather than stealing a business idea, you’ll keep on wondering throughout your life about what Business makes you the most money .
How much money to start a business ?
Truthfully, you don’t need even a single penny to start a Business. But, you will need to invest more to expect more ROI which is the abbreviation of Return of Investment in the world of Business and Startups.
If you’re still wondering about how much money do you need to start a business , let me tell you why I had said that it is unnecessary to spend money in your Business Initially. I’ve been an entrepreneur for the past 3 years. And I’ve committed this mistake. It is truly intimidating to spend money on tasks which we can’t do. But, in the early days of a Business idea, when market validation is yet to come. Try not to spend any money to outsource any task. Rather take time and learn that skill. Because an Entrepreneur is anyway a person who has an array of skills. No shortcut to Success.
Final Verdict :- How much money does it take to start a business ? Answer :- Absolutely Nothing if you’re ready to take the time and burn of learning the required skills.
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Best Businesses to Start with no Money
1. Freelance Content Writer :-
Gone are the days when every company used to need an in-house Content Writer for their smooth operation. With the emergence of Social Media and Internet, Content is now the King. And, writing engaging content isn’t an easy task. Firms need constant supply of fresh Original and engaging content to keep up with their competitors. And, this is where Freelance Content Writers come in handy. Read another article on this topic where I wrote about lots of Freelancing Platforms with tips and tricks to join and scale your Freelance Career. Why leave your Couch when you don’t need to… ?
2. Blogging :-
Although, Blogging is not absolutely free. But it is the Best Business to Start with Little Money . All you need is a Domain Name and a Hosting Service. Although you can start Blogging absolutely Free, but it isn’t advisable. But don’t worry, I spoke about the whole method about how you can start your career in Blogging in another blog post on this website. Check it out as it’ll help you setup your Website from Scratch without any help from Web Developer or Hosting Support. Even the absolutely FREE method has also been mentioned in that article. With the help of my content, 2 of my Students were able to generate above $200 by the end of their first Month of Blogging.
3. Dropshipping :-
If you’re looking for a Small Business that make Money, then dropshipping just might be the appropriate thing for you. And, if you’re quite Famous on Social Media. If social media is the thing you love to do throughout the day. Go with Dropshipping. Read another guide on this website where I spoke about all the major Dropshipping website and options available to you according to your Country of Residence. Maximize your income with the list of Dropshipping sites and detailed analysis. Don’t miss it.
4. SEO Consultancy
This is applicable only to those people who are already well knowledgeable about Blogging and Search Engine Optimization ( SEO ). A lots of Online and Offline courses have come up all across the world teaching you the knitty-gritty of SEO. But, in my opinion you can learn everything from the scratch till the most advanced level just by reading online articles like this one. Starting your own business with no Money isn’t difficult at all when it comes to becoming an SEO consultant. Lots and lots of Businesses are going to come Online with every passing day. They have revenue with their Offline Businesses. All they need now is someone like you who can help them strengthen their online reach. Let me know in the comments below if you want to know the exact Funnel I use to convert a potential clients into my Long Term Customer using Facebook Advertisement.
5. Sell Digital Products
Digital Products are the Future. Works the best for those who already have a good amount of Followers in various Social Media channel. Else, you will have to do a certain amount of Investment on various Advertisement like Google AdWords and Facebook Adverts to sell your Digital Products. Ebooks, Courses, etc. Falls under the category of Digital Products. And trust me, you don’t need to be an Expert to be able to create your Brand as an Educator/Digital Product Seller. All you need is the Passion to make it happen. Read my step-by-step guide about creating an awesome Digital Product and selling it over social media with zero Investment and upfront cost.
6. Tutor other Online
I’m sure you’ve noticed how various Education platform is fighting for the market share on the Online Education segment. This could be bad for them but not for you. It is a great opportunity for you to sign up on multiple platforms and benefit out of every Competitor to make some bucks. Read my guide about various online platforms that lets you sign up for free and earn as much as $1000 per month.
7. Self Publish Books
If you’ve ever thought of publishing a book, I’m sure you have heard 200 different reasons why you shouldn’t do it and how it has been a total failure for numerous people already. Trust me or not, but I’ve been there. All I want to say is that they aren’t incorrect about their opinion. The only issue is they are limited when it comes to their knowledge outside of their writing skills. A successful publisher and author is not only a great Writer. He/She has to have multiple skills to Brand, Market and create a raving fanbase around them.
8. Social Media Manager
Do you possess certain amount of X-factor that helps you build a following on any platform ? Do you love to be a social butterfly who never quits checking on his/her Facebook, Instagram and Twitter profile. Well, then this role could be yours in no time. This is a job which requires the least amount of time to acquire the skills as we already have a lot of Knowledge about social media. Although, this is a very difficult job as if you don’t meet the expected outcome at the end of the month, your job could be in danger. Learn how to become a professional Social Media Manager from my other blog.
9. Video Marketer
No, Video Marketer isn’t the same as being a Youtuber. A Youtuber is a Video Marketer but Video Marketer is way more than just being a Youtuber. Just like blogs, the future of Online Marketing is Videos. And very soon Businesses will look for video content creators who are just like Content Writers for any Blog. The major turning point is that the total number of video creator will never touch the number of Content Writers. Not everyone is comfortable with being in front of the Camera. But if you’re one of them who is comfortable, this could turn out to be a great job for you. Learn more about how to approach Brands for any Job in my other post.
10. Own a Niche Site
This is a dream every Blogger wants to live. Owning a Niche Site. What is a niche site ? Well it is the Best Online Business to Start with no Money . Niche Site is essentially a blog that is focused towards a particular topic of audience interest. For example, website about Harry Potter, Pet Dogs, Paleo Diet, etc. Surely this type of site takes a bit of time to grow. But once it does, you’re far ahead of every other bloggers who write about random topics.
So, those were 10 Best of the Best ways to start a business with no money . Let me know in the comments below, which of these you would like to adopt in your career. I assure you to help you with all my knowledge to grow your career in that segment. Till then, keep watching my YouTube videos. They are easy to grasp and less boring than reading a Blog Post 😂 I hope after reading this Starting a Business with No Money is not impossible for you anymore.