Capital is one of the biggest hurdles to overcome when you’re trying to start a business. Fortunately, that isn’t the case for all kinds of businesses. You can start online businesses without having to shell out a capital.
Here are some of the best online businesses to start with no money:
1. Freelance Writing
If you love reading and have a knack in writing, then this online business will put your skills and interests to the test. A career as a freelance writer is one of the businesses that you can begin with.
With content marketing on the rise, demands for online writers are increasing in the market. Some popular sites like Freelancer or Upwork can open you up to a lot of opportunities in the online writing industry. If you are considering this option and want to improve your writing skills, you might want to check out https://www.journalreview.org/ for some tips.
2. Graphics Designing
On the other hand, if you are artistic and have the skills to illustrate, you can consider selling your art works or doing commissioned works. By setting up your online portfolio, site visitors will see your work, then buy it or ask you to make commissioned works for them. There are several websites with large followings that allow you to put up your portfolio for free.
Examples of these are:
Aside from setting up your online portfolio, there are also avenues to sell your art work or do commission work. You can also find people in need of these kinds of services on Freelancer or Upwork.
Setting up a blog is free, and you can earn money by maintaining a blog. WordPress or Blogger.com are services that allow you to build your blog for free. You can start by writing about what you are passionate, interested, or know about.
Some suggestions for subjects are:
- How-to topics
- Top-10 lists
- Where-to topics
- Tips and Tricks
- What not to do topics
- What to do topics
By setting up a blog, you can earn from Google Adsense depending on the number of clicks you’ll get on the ads that will appear on your blog. Affiliate marketing is also one of the ways where your blog can make money just by promoting products on it.
4. Informative Products
If you have expertise in a subject, you can earn money by sharing your knowledge. Since you don’t have a physical product, you don’t need to shell out money. You can create educational products in the form of the following:
- Audio like the podcast, interview, and teaching course
- Video tutorials, interview, or webinar
- Text such as ebook, guide, and booklet
Using these mediums, you can create content, post it online and sell it.
5. Social Media Consultant
If you have some background in social media marketing, then you can start an online business giving tips as a Social Media Consultant. This business will not require any capital, to begin with. You can help business owners understand the intricate world of social media, teach them how to cultivate loyal customers, and build their brand online.
6. Online Tutorial or Translation Services
Many people prefer to stay at home and learn the things they need to learn rather than enrolling in a class and be there physically. For this reason, there has been a rise in online course offerings, which can be an advantage for you.
One of the most popular online tutorial services is language lessons. If you know English and another language, you’ll be able to find a lot of opportunities to start an online tutorial business. These services are in-demand in most countries, so you won’t have a difficult time finding clients.
7. Online Photo Selling
If you have a talent in taking photos, you can start a photo selling business online. All you need is a computer and a good camera which should preferably have at least 8 megapixels. Just like any art, photos also have copyright and a tag on them. There are several online selling websites that you can use such as Flickr. You can also set up your website if you prefer taking that path.
These are the best ones because they are all affordable and convenient. Now that you know some of the best online businesses to start with no money, you can get on and take the first step at the beginning of your entrepreneurial journey.