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14 Online businesses you can start with little or no money

Online businesses you can start with little or no money

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Want to start an online business from home with little money or no money at all? It is possible with the internet. There are a lot of opportunities some of which need no expertise at all, but just a computer and internet connection. The whole idea here is putting together something that others find valuable and this could be information, physical products or offering your expertise on different subjects.

Since the advent of the internet, it is now pretty much easier for entrepreneurs who are diligent, dedicated and hardworking to make cool cash from the comfort of their homes. If you were born in this 21st century, then you are amongst the lucky set of humanity that has several options of becoming a millionaire without working for someone else your entire life.

Some of the many online businesses you can start with little or no money include; a blog, an online store, selling on ebay, trading forex, freelancing, writing e-books, building websites and many others as i have detailed below.

Why Start an Internet Business from home?

It is important to note that the potential of the internet has not been fully tapped and there are loads of business opportunities still out there. All you need to do as an aspiring entrepreneur is to research the internet and you will be amazed at the business opportunities available.

You can as well look around you and you will find out that there loads of business opportunities that are not on the internet that you can take to the internet and make good monies from. One good thing about the internet is that you can network (connect to the world) the world right from your bedroom because, with the internet, the world is indeed a global village.

Example;

If you run an online retail jewellery store with shipping options to different parts of the world, you can successfully run the business from London, United Kingdom and have customers from Lagos, Nigeria or from the Philippines, India, generally from all over the world. The bottom line is that the internet has made it possible for people to reach out to clients from all over the world from just one central location and surprisingly at a very affordable cost.

I have put together the following list of internet work from home opportunities with very little start-up money or even no money at all.

Online businesses you can start with little or no money

1. Starting a blog.

Blogging is one of the means several people all over the world are making money from the internet. Blogging is all about creating useful content for a targeted audience on the internet. If you think that you have good knowledge of a particular subject, you can make money by sharing your knowledge with a wide range of audiences through your blog. You can put together expert advice which is what we call content which will benefit someone else (your website visitors) then you can make money from the traffic that comes through to your website in different ways.

Ways to monetize your blog;

  • Once you have put together good content / helpful content, so many people will come to your website, just like everyone looks for answers on a particular subject. The more people visit your website, the more you will make money using your blog.
  • Attracting adverts from top corporate organization which they will place on your website and in turn pay you for it.
  • You can also earn money from your blog using Google AdSense, whereby they will place advertising on your blog which in turn will be paid for.
  • Offering subscription services to members.
  • You can sell your own products on your blog.

2. Start an online store.

There are loads of stuff you can sell online, for example, you can take your flower shop online. It will help you connect with much more people in a short while. You can engage in the sale of perfumes, electronics, tablets, smartphones, flowers, computers or any products online. You can do this in three steps;

  • Think about a product that you can sell, probably something that is on demand. Do good market research.
  • Finding a supplier for what you want to sell.
  • Find someone to build you a website. You can also do it yourself if you are good with tech.
  • Apply the right marketing strategies using the right tools and targeting the right market.
  • Plan your shipping. Where will you ship to and where will you not ship to.

3. Sell on eBay.

You can basically sell anything on eBay including used clothing, unwanted stuff at home, new products from your supplier and so many others.  If you are going to sell new products, I suggest you find out what is trending on eBay first so that you don’t have goods sitting in the store and not selling. I would also advise that while you sell on eBay, look into other platforms like Amazon and Etsy so that your products move faster. Don’t depend on eBay alone, even though it can be lucrative with the right product, it can also be slow with other products. The good thing with eBay is that you do not need to create a website, you don’t need to spend on marketing, you only pay eBay when you make a sell.

4. Trading Forex.

Trading currencies online could be a risky venture, but it is indeed a very rewarding online business. If you have good analytic skills and you have sound knowledge of cash flow and the exchange market, you can do well as a forex trader. I always encourage people to sign up for free trading classes that many trading companies offer. For example, Learn to trade. You can also use the different online tools to learn more about forex before you get on board. Books are a great resource and can give you great insight on trading. There are so many free ebooks online on trading currencies.

5. Freelance writing

A freelance writer works on a self-employed basis. You can work for just one magazine or, more often, you can write for several different publications at a time. The more diverse you are as a writer, the more likely you are to be published and paid for your work. If you are a skilled-creative writer and you have enough time at your disposal, then you can earn a good income from the internet. There are loads of websites you can secure high paying writing jobs from. Some of the sites where you can bid for freelance writing jobs are freelancer.com, upwork.com and guru.com.

6. Writing e-books.

Another easy way you can make money from the internet is writing useful content and putting it in an e-book. You can write the content yourself or employ writers and just about any subject can be covered for example;

  • Travel guides.
  • How-to manuals.
  • Mystery.
  • Romance.
  • Science fiction.
  • Self-help.
  • Technology.
  • Religions.
  • Life.

For Example;

You can begin by writing about what information is trending most by going onto Amazon, check through the best sellers list, including categories and sub-categories. The good thing is that you won’t have to rely on an editor or publisher telling you whether a book will be published. And you won’t have to rely on a bookstore to put your book on its shelves. You’re in complete control of the entire process. In fact, you’re going to handle everything yourself, including marketing and selling. And that means you get to keep all the profits.

Self-published authors have had big success in recent years. Take Hugh Howey, who sold a series of science fiction books through Amazon’s Kindle Direct Publishing. At one point, he was selling 20,000 — 30,000 copies a month, which generated $150,000 in income monthly. Amanda Hocking, who writes “paranormal romance” and fantasy novels, has sold well more than a million books on Amazon, generating over $2 million in sales. That’s proof that you can make money self-publishing on Amazon.

7. Designing websites.

According to statistics, there are well over 350 million active websites on the internet and it is not enough to meet the demand of people visiting the internet; there is still so much to learn from the internet hence people are opening new websites on a regular basis. If you know how to design websites, then you have the ability to make money online by offering your services to millions of people around the world who need it.  The greatest thing is that this can be done despite your location,  you can basically work from anywhere all around the world. You can start by marketing your website services using online tools like social media platforms or Google Adwords. You could also market your skills through your very own website.

8. Flight booking.

The truth is that you do not need to get the required IATA certification before you can start making money online by booking flights for air travelers online. All you need is computer knowledge, a laptop, an internet device and of course partnership agreement with a registered and certified ticketing company.

With this kind of agreement, you will be required to book flights for clients and you will make your commission and most importantly working from anywhere you like. You could also consider starting your own travel agency. Travel agents provide a variety of services to clients that include purchasing airline tickets, making hotel and resort reservations, creating itineraries for tour or cruise packages and providing information about specific destinations. To start a travel agent business, you will need to have a working knowledge of travel agent software.

Decide whether to become an independent travel consultant for a travel agency, franchise owner of an established travel agency or start your own agency.

All of these options are possible ways to make money online. You will, however, have the responsibility of doing good research. You must get to know what you do more than anyone else.

9. Social Media expertise for other businesses

If you have enough time and you good with various social media platforms, then you can start an online business managing social media handles for several busy business executives, politicians, government officials, pastors, celebrities and public figures. Of course, you must display some level of professionalism and expertise before you can be hired to manage social media pages and handles for people, but the truth remains that you can make pretty cool cash from this type of online business.

10. Teaching specific skills.

The internet has made it possible to almost be able to do anything despite your location. You can teach specific skills like how to make cookies, cakes, troubleshooting computer problems, creating a website and so many others. Almost any skill you think someone else might need can make you money online. You can start by of course promoting the skills you have that are most marketable ( you will have to do good research ). You can always create a YouTube video showing how to do whatever you are teaching and you will be to create an audience. The way to monetize such a venture will mainly be by creating your own products which you can recommend to your audience or promote affiliate products if you don’t have the time to create your own.

11. Real Estate business

Another business that you can start online is real estate/properties rental services. The truth is that a larger percentage of those looking for properties to buy or rent would usually search online as against reading through real estate magazines. To succeed in real estate you will need to do extensive market research. The market is too big but you need to have a clear view of what people are actually looking for. You will also definitely need to consider creating your own brand because it will pay off for your hard-work in the near future.(creating your own website is part of it). Maintaining a good online presence will be key.

12. Buying and Selling Domains

Another interesting and money making business that you can start on the internet is to start buying and selling domains. All you need to do to start this type of business and of course make money is to look for domains with potential for sale, buy them and then source for those who are interested in buying such domain. It might be risky to buy and on to a domain name, but the truth remains that you are likely going to sell at a price that is far more than the price you purchased it; it is similar to real estate investment – some domain names appreciate with time.

13. Job Agency

There are no limits to the types of business you can start on the internet. One of the businesses that you can start online is a job agency. Here you will be responsible for connecting people looking for jobs to employers.  To start off you will have to;

  • Determine which sector of recruitment you want to go into. Examples include I.T and Technology, Construction, Accounting and Finance and many others.
  • Access your competition and decide how different you are going to be from them.
  • Consider the start-up costs. It’s not really that costly! You will need a computer, internet and most probably recruitment software.
  • Read about rules and regulations and determine how you are going to be compliant.
  • Consider creating your own brand.
  • Look into how best you can market your business.

14. App Development.

If you are good at developing apps, then you can make good money from the internet. You can make apps for other businesses or apps for sale. There are loads of apps that are being sold in apps stores and there is still need for more apps. If you can come up with a unique app, you will be amazed at the amount you can generate from selling the app. You will also have more possibilities of profiting if you make many apps, you will have to provide unique content, keep your apps up to date  and create free and paid for versions of the apps so that if the users like them, then there is a way to get the paid for the version with more features and functions.

 

 

 

 

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