Everything is now on the internet. So I think there is no better place to start a business than online. You may call it Oz land for business. After hearing this type of words you may think the online business will require a huge amount of money.
Not at all.
Money is not everything in the world. Well, some people think so. But the reality is different.
You don’t need a huge amount of money to start an online business. Now the question is how to start a business without money online?
To find out the answer to the question we have dig dipper and wider. Don’t worry, you don’t have to do anything. I have already dig it and you have to just take a deep dive. So let’s explore.
Before going to any method or suggestion you may doubt that why to start an online business only? There are several options already available there. Let’s clear this doubt first.
Why choose online business as a platform?
The world is changing very fast. So the definition of business is not the same as it was. Maybe the same in the well-known dictionary but not in the real world.
First thing first. The main region why the online business is so popular nowadays is its flexibility. You don’t need a lot of money, large office space, office furniture, employee setups, etc. and all other things. You name it.
I think an online business the maximum requirement is a Laptop/desktop, good internet connection. That’s all.
And another most important thing. You can start at any moment and any corner of the world. Just switch on your laptop/desktop and connect it to the internet and start your business online.
You are your own boss. Live anywhere you want, set your own schedule in your comfort, and work as little or as much as you want. No office pressure, no crude word to hear from the boss. Grow your business as you want.
Well, I may break some non-techy people’s hearts. Sorry about that. But this is not the dead-end of the world. Don’t worry everyone is unique.
Online business is not the only option for businesses in the world. Although this is trending you can still do business offline. Offline business is also growing. Meet the real people, grab their ideas and try to apply it. You are on. Choose as you wish.
Tech interested people keep your seat belt tight. We are going to visit the online world. Let’s see some methods.
Dropshipping is the most trending online business nowadays. Some people have heard of the world. If you have not let me explain.
There are some steps for it.
- Pick a product (No need to buy at the beginning)
- List your products for sale on your website or a platform like Amazon, eBay, or Etsy at a higher price.
- When one of your customers purchase your listed product, you purchase the product from a third-party company where you pick the product for a lower price.
- This process is very simple and you can make this process completely automated.
- You will get the price difference (Customer purchase price – Your purchase price)
There is no risk in this business on your part because you don’t even purchase the product (at cost) until someone buy and the actual sale is made.
You can offer a verity of products, so the operating and maintenance expenses for your business are super low.
This market is too competitive, the margin (the difference between the wholesale price and selling of the product) are lower. But if you don’t start it now, then it will unreachable to grow in this competitive market.
Peoples are making hundreds of dollars in this method. There is a low or no-cost startup cost.
It is not possible to explain a-z about dropshipping in a single article You can Google and find out more about the method.
We are searching for how to start a business without money online. Well, this is the strongest in this list. This is also a trending online business.
You have to sell out someone’s product and you will get the commission. You will not go to sell their product on the roadside or any market. Instead of this, you will sell the products online and you will get the commission.
There are hundreds of companies providing affiliate products or services. Most popular affiliate sites are Amazon.com, Clickbank.com, and CJ Affiliate.
Do some research what are the pre-requirement to join their network? Joining their affiliate network is absolutely free. You can start promoting their offers just after joining.
Do some research and pick a profitable niche for your online business. There is a wide range of products available in their network.
Each affiliate network provides you with a dashboard. From this dashboard, you can search for a product you want to promote and create your affiliate link. An affiliate link is unique for every affiliate. From this link, the affiliate network will track your sale and provide a commission for each successful purchase.
The commission varies from affiliate network to network and product to product. Generally the commission range from 2 percent to 50 percent or more with digital information products.
There is some similarity between Affiliate marketing and drop shipping but with some key differences.
In drop shipping, you have to buy the product and ship it to the customer. All you have to do is just provide a link for the customer to click on and the merchant handles everything; billing, order fulfillment, customer service, etc.
Of course, you have to do is handle the marketing to get your product to buy. After customers click on the link, it’s the responsibility of the merchant to handle everything.
Do some research and try to learn more about affiliate marketing. If you wish you may start a business without any investment.
Online video platforms
Have you seen a Youtube video today? Oh, instead of this I may have to ask how many videos you have seen today.
This is the most popular video platform on the internet. Thousands of videos are uploading on Youtube. Millions of viewers are watching Youtube videos every single second.
So you may be the next Youtube video creator. People are making thousands of dollars by uploading videos online.
No huge amount of money or equipment needed for this region. To make your video professional follow some tips.
- You can use your smartphone or a simple video camera. But make sure your video setups like the lighting is good in your video are clear and easy to see.
- Use a microphone. Make sure the audio is clear. Avoid background noises other distractions.
- Use simple video editing software to make your video looks professional. You can go with free software in the beginning.
Whatever your content is, if you are no takes care of these facts no one will watch your video.
So, your first step is to create a YouTube account in the niche you want to make a video and start uploading videos.
For better understanding, you may watch some Youtube videos or read some blog posts on how to start a Youtube channel.
Provide valuable content and keep your consistency. After some time you will see people will subscribe to your channel and like, share your videos.
After reaching a certain position (Check the criteria to enable monetization on Youtube) then you enable monetization on your YouTube settings.
Then Google analyses your channel and if you passed all the criteria, Ads will be shown on your videos and you will earn money.
Google AdSense is not the only way you can earn from the Youtube channel. After your subscriber increases, you will get paid sponsorships and paid reviews.
You may have seen this type of paid review or sponsorship on youtube.
If you don’t want to show your face in front of the camera then it’s ok. You can still earn from YouTube.
Make whiteboard animation videos or cartoon video animation. Channels having this type of video also attracting people by giving valuable information.
Oh, I have completely deep in the Youtube. There is also a world outside of Youtube.
Although YouTube is the famous video platform there is also some competitor.
Facebook, Vimeo, IGTv (Instagram) are also leading video platforms.
The rule is simple. You have to make awesome content whatever the platform is.
We are just at the beginning of our discussion on how to start a business without money online. Keep patent and move.
Do you have expertise in any subject? Or you have deep knowledge of some topic or things. Do you want to share your thought with the world?
Then start your blog and start writing content. You can start your blogging right now for free.
No need to purchase a domain and hosting in the beginning. If you want you may. Just start with free services like Google Blogger or WordPress.
The first step is to create your blog. There are two ways to do this. One is free and another one is paid.
You can use free blogging platforms like Google Blogger, WordPress.com, etc to create a blog without spending any money. As a beginner, you can try with this one.
Another way is the paid method. You don’t have to pay a huge amount upfront. Just buy a domain and hosting plan . You are good to go.
We recommend you to buy hosting plans from A2 Hosting for their outstanding services.
If you are serious about making money online through blogging, then you should go with the paid domain and hosting option.
Then start writing content you want to share with your audience.
This is not so easy but not so difficult as well. There are many things to do with content writing. If blogging is that much simple, everyone is doing blogging.
I am not demotivating you. Try to learn how to make a perfect blog, apply it and one day you will in the list of the top blogger.
There is a various way you can make money with your blog. The most common way is From Google AdSense. Show Google ads in your blog and start earning money. You just have to place two lines of code to your blog. Google will show relevant ads on your blog and you will earn money.
Sometimes Google doesn’t monetize blogs. There are many regions.
Don’t worry there are also alternatives to AdSense. Media.net, Infolinks, etc are some best alternatives.
Ad networks are not the only way of earning. There are several methods.
- Affiliate marketing
- Paid reviews
- Guest post
To be a success in this field you have to obey some golden rules.
Provide valuable and engaging content.
Be original. Both people and Google like unique content.
The final one is to be super consistent.
Keep publishing content at regular intervals. It takes time to rank a blog post on Google. So keep your hope alive.
You can start your blog in 5 minutes. But it takes time to become successful. You will not start earning after one month. But when earning starts, you will be amazed.
As you are writing content for your blog you will have a good experience in content writing.
Then you may start the search for freelance writing. This may sound crazy but true.
Just go to some freelancing websites like Fiver or Upworks and start a search “Content writer”. You will see hundreds of works and writers.
Make a good profile and start searching for the works you can do. So your previous content and grab the attention of clients.
Once you get the order, then you will get more orders. There is no limitation in orders.
In fact, you can do YouTube and blog simultaneously. The same content you are witting in the blog, you can make a video as well. Put the video link in the content and the blog link in the YouTube video.
You will earn from Youtube as well as a blog.
Do you have a teaching ability? Do you think about how to start a business without money online? Then this option is for you.
Teaching is not the same as it is in the old days. In those days you have to go to the tutorial or institute for reading.
These days are over. You can learn thousands of courses from home. Courses are going online and if you have access to the course then you can easily learn it from your laptop/desktop or even portable devices.
Make an online course and sell it online. Making an online course is super easy. Just Google and you will find more.
If you can’t make the course then hire someone from freelancing websites like Fiver and Upwork.
The cool part of this method is you have to make the course once and sell as the may time you to want. In this method, you can learn and earn simultaneously.
So, by investing some money you will have a reoccurring source of income. Make some advertisement and you are in front of thousands of targeted audiences.
You may go with some websites which offer free plans and will help you host your videos and content for free. Thinkific, Teachable, Newkajabi, and Podia are some good examples.
Online course platforms like Unacademy making millions of dollars by selling online courses.
I agree that you don’t have that much of buyers like Unacademy but you will have some.
This is also a trending online business you can start without investing a huge amount of money. You have to invest onetime and some money for advertisement on a regular interval.
This part is completely dedicated to software developers. Have you known any programming language well? Whether you are searching for a job in the IT sector or not, this method will help you.
The Internet is full of jobs for IT people. Thousands of freelancing jobs are posted every day. I am not laying.
Just search the famous freelancing websites like Fiver and Upworks. You will see thousands of jobs are available in this category.
Make a good profile of your previous work and area of work. Search regularly on these sites for work.
In this method, you are absolutely independent. No need to go for the office and maintain tight scheduled. Your home desk and the laptop is your office.
Complete the work you have given and post it to the client. Done.
The client will pay and you will earn money online without any investment.
Whether you are working or not working people this method is helpful to everyone. Working persons can earn some extra money in their free time.
As the demand for software and services is growing rapidly, this method will definitely help you.
If you belong to the IT industry and searching for how to start a business without money online, then this method is for you.
You can develop mobile apps, websites, and online applications, etc. for clients.
Just Google for the best freelancing websites and make signups in more than one. Read the reviews of people about the work and the payment methods in those websites. The more you search for, the better you will get.
You can develop your own app or services and sell it in the online market directly. In this way, you don’t need to wait for the client to give an order and pay after you submit the project according to him.
This a trending method. People are making thousands of dollars by setting in the home. So, whether you succeed or not, why should you not just try this.
You may have virtual assistants like Google Assistant, Amazon Alexa, Apple Siri, etc. Dou has heard about an online business is growing named virtual assistant.
This is a new online business that ie. Recently get popular. Many people don’t even hear about it.
There are many online platforms that make running a VA business easy, including Upwork, TaskRabbit, Zirtual, PeoplePerHour and so on.
Becoming a virtual assistant is like becoming a personal assistant or taskmaster for a particular task.
Services you might offer include performing research, project management, writing and so on. The list is endless.
Just Google and search for the best virtual assistant websites. You will find many websites. Do some research and you will find some legit websites that actually pay.
Join their networks and find a job that is fit for you. You may doubt how it is a business. It is just an online job.
No. People are picking jobs and reselling them. So this way, they are not doing any work. They are just the middleman. They receive money from clients and keep their commissions and delivers the rest amount to the working people.
You may say this is an untouched region of the internet. So the competition in this field is low as compared to another field. If you have an interest in this field then you can enter into this field before the rush.
In this way, this is a business model for them. People are making hundreds of dollars sitting at home.
Online book publishing
When you read the heading you may have a big doubt that should I publish a book.
Yes, and only yes. Why not.
If you have good writing skill then this is for you only. The book means not a 600 page or above book. You can be a success with a hundred-page book also.
The main thing is the content.
Whether it’s a fiction novel, a romance novel, a child’s picture story, or a marketing guide you name all.
You have many different options for self-publishing your book.
You can publish your writing as an eBook and sell it on your website, or you could publish it on the famous online eBook stores like Amazon Kindle store.
There is some on-demand printing service such as CreateSpace.
The good thing about self-publishing books is that everything is taken care of automatically, from printing to storage to delivery.
The cool thing about the online book publishing is you have to write the book once and publish it into the eBook stores.
Whenever someone purchases your book you will get money. You have done some online advertising and you will sell.
You can do blogging and online book publishing simultaneously. Famous bloggers are making thousands of dollars by publishing an eBook of their own and selling them in their store.
Take the time to write the book and write it very well. Once your writing is done then publish it in eBook stores like Amazon Kindle. Amazon Kindel has millions of monthly readers.
This type of platform provides you with a great place to sell your eBook. Your book is in front of thousands of targeted audience. So there is a higher chance of selling your eBook.
Oh, after a long discussion of how to start a business without money online, finally we are in the conclusion. I have written some of the most trending and experts recommended methods to start a business without money online.
To say frankly, you have to invest some time in the form of money. In some cases, you may require some money to invest.
These are not the only methods available online. There are hundreds of other methods. Keep searching and keep trying.
You may have a doubt why every people don’t apply these methods and successful. In one line I will say they intend to become rich in one night. This is not that much simple as people think about online business.
Well, one thing you may say about the online business. You have to be super consistent. It may take time to achieve success in the online industry.
When you are super consistent and dedicated then you must get success.