How to start a blog - thewildthought.com

16 online business ideas without investment

Share

As the world keep advancing, more and more people are coming up with more online business ideas; these businesses most times turn out to be successful. For a long time, i underestimated the power of online business and never thought of it being a second source of income.
No matter how busy you are with your usual job, there’s something to try in this list. Moreover, not all of these online business ideas if fit for everyone. Some of them require alot more effort and time. Unless you plan to adopt it as a full-time business, i wouldn’t advice you go for such.

Is online business a good idea?

  • Running an online business makes your non-work hours profitable. You work from the comfort of your home having a schedule, time and number of days you wish to spend on your online business.
  • You have access to your business 24/7
  • Manage your business from anywhere in the world.

Online Business Ideas

16 online business ideas

1. Become a Virtual Assistant (VA)

Day after day, Virtual Assistance is becoming a very popular business you can do for part-time or full-time.

What does a Virtual Assistant do?

A virtual assistant help business owners to carry out tasks they are too busy to handle. Based on skill and passion, virtual assistants help their employers in administrative services, schedule appointments, customer services, respond to e-mails, make necessary phone calls, make travel plans, writing contents, manage social platforms and other tasks the employer may have.

Requirements

  • Good communication skills
  • Writing skills
  • Word processing skills
  • Effective decision making
  • Discipline
  • Self motivation
  • General computer skills.

2. Become a Business Coach

A business coach assist and give guidance to business owners in running their business.
This business a is especially great for business owners/entrepreneurs who are typically experienced and want to use their talent to help other businesses clarify business purpose as well as helping them plan a strategic routine for a particular duration.
Many coaches establish their presence on almost all social platforms which is a great way to start. To get more productive with coaching business, Organize online training/webinar and workshop.

3. Sell your own course

This trend is very popular among bloggers. If you have a business, skill or talent, this idea would go well for you. It’s about turning your knowledge into an eBook and sell.
This Self Care Toolkit is worth just $12 and has alot of useful tips, guide and also a workbook that can create a beneficial and helpful self-care practice (physical, mental, secrets to increased productivity etc.)
Also, Rae Amora’s Ultimate blogger Bundle sold for $12 is the best option for every blogger. It also help content creators or anyone who needs keeping things in order. The planner include; a to-do list, note taking section, financial summaries, current and future projects etc.

4. Start a Blog

With WordPress, starting a blog has become so easy. Whatever your passion may be, there is an audience to read what you’ve got so long it’s going to help, just share your passion and make money in the process.

Starting a blog

With a professional platforms like WordPress, you can have all the access to build a fully customized blog. To start a blog on WordPress, you need a domain, hosting and a WordPress theme.
GoDaddy, BlueHost, SiteGround, Hostigator are good choice to host your blog; personally, i use GoDaddy hosting as they offer a free .com domain.
Read my complete guide on how to start a blog from scratch.

Monetizing your blog

The essence of starting a blog in the first place is to make money from it. There are several ways you can make money from blogging including; Adsense ads, Affiliate marketing, Sponsored posts etc. Read my 4 proven ways to make money blogging.

5. Start a YouTube Channel

Just like blogging, if you have passion to teach others your skills or anything like it through a video. YouTube is the home. Even though YouTube require a minimum of 4000 view hours and 1000 subscribers before you can start earning, it’s possible to beat that within a few months as YouTube receives over 1.8 billion users every month.

You can make money from YouTube with Adsense ads, brand sponsorship etc.

6. Become a Web Developer

This blog was build by a web developer (me 🙂 ).

When i started out, i learned how to write HTML and CSS. So, i wrote all the code of the first 3 website i built. Learning how to write code could take time but definitely worth it on the long run.

Nowadays, almost nobody write code anymore and so WordPress has become more popular. WHY? Simply because, with WordPress, you literally don’t need to write any code. You don’t need to have any coding or programming skill or experience before you can use the platform. It is easy, friendly and convenient to use. Additionally, many businesses now prefer their website on WordPress because it is good for SEO.

To get started, there are tens to hundreds of videos of geeks who make tutorial videos on how to use WordPress.

7. Start a Dropshipping Business

If you enjoy selling stuffs or you’re good at convincing people to buy stuff; you might want to consider this online business idea.

What is Dropshipping?

Dropshipping is an order fulfillment method in which the seller (you) does not stock the physical products of what you sell but direct all orders and customer details to a manufacturer who ships the product to your customer.

laptop computer showing statistical analysis

How Dropshipping works

  • A manufacturer sells a product for $20
  • You (dropshipper), list the product on your dropship store for $40
  • A customer order for the product and pay your store $40
  • You (dropshipper) send the customer’s order and shipment details to a manufacturer takes care of the shipping.It’s that simple!
    Read my beginner guide to dropshipping here.
    Get my Dropshipping eBook here ,this eBook covers all aspects of Dropshipping; how to get reliable supplier, how to optimize your store, the Dos and Don’t etc.

8. Affiliate Marketing

If you have a website or a blog, i have listed this as one proven ways to make money on you site.

In affiliate marketing, you promote products with the end gain of receiving a commission after you have made a sale.
For example, if you promote a product worth $50 with 20% commission and successfully make a sale, that’s $10 for you already. Sell 10 of it and that’s $100 almost without doing anything. There are so many affiliate programs you can join to promote their products: Amazon, ShareASale, CJ Affiliate etc.

To make optimum success in this online business, you should have a website to easily promote affiliate products else you can use social platforms like Pinterest, Facebook.

9. Become a Software Developer

In this smart age, it is a great a opportunity for software developers to rule. If you’re good in programming, why not develop apps for companies and businesses who need them. In this business age, there are lots of business who wish to turn their websites into an app.

girl smiling at a smart phone with laptop in front

10. Become a Graphics designer

Also, there are many companies who need someone who can handle all their designs. From posters, flyers, social media posts, banners, among others. Fiverr is a great place to start when searching for clients as a graphic designer and having a website to display your portfolio is a great idea also.

11. Freelance Writing

Do you love writing? Do you have writing skill? Have you ever thought of writing for money?

This is yet another online business idea you don’t need any capital to start.
Who to write for
Business owners and even some bloggers get so busy that they always hire content writer to get something up for them. As a newbie, because not every one has seen your work yet, what you do is to build a portfolio. This can further convince your clients.

What to do when you don’t have a portfolio

Write for free!
Yeah, this is a great way to build your portfolio if you don’t already have one. For every client you write for, request they write a review for you because that’s one of the things your potential employer looks at first.

12. Sell T-shirts

This business is easy to start but require a little capital. It’s one easy way to start a business. At the long-run, you could build your own cloth brand/line.
To get started, buy plain T-shirts and a T-shirt printer.

You can design your own drawing, quotes or sample creative designs; creative enough to attract people. You don’t necessarily need to have a physical store and you could choose to sell online or sell physically if you can’t afford to go online. Another way to market your products is to visit some local physical stores, drop your stuff with them and negotiate commission.

Teespring is another platform you get paid to design a print for a T-shirt. Upload your design on their website and value it (make sure your demand price is higher than $16 because that’s what they charge you when you make a sale).

13. Advertise for Local Businesses

In this digital age, there are still many local businesses who still haven’t made their presence online. Some might have heard of it but need conviction.

This is where your job comes in; get through to them (by whatever means) convince them about the power of social media marketing and how you can help them establish their business online, let them know what they are missing and how running ads on social platforms would bring them a bunch of new customers.

14. Write and Sell eBooks

Similar to Online courses, this is a book format. Whatever you think you can write, stories for kids, life experiences, guide to a particular business etc.

Platforms like Amazon kindle, GooglePlay, iBook Author can help you sell your eBook.

15. Social Media Manager

Most business owners don’t have the time to spare for their social platforms at the same time they want them to be productive; so they hire someone who can do this for them.

You might not know a company that needs this service until you reach out. Approach as many as possible, one or two of them will definitely need you.

To become a social media manager, you need to know how to grow followers and increased engagement. So many new brands are looking for this service.

This is one of the best 100% online business ideas without investment.

16. Sell Photos

Do you have passion for photography? This could be a great idea for you. You can make alot of money selling your photos online.

When you upload your photos on websites like iStock photos, Shutter stock they pay a good amount to money when someone buys your photo.

Final Words

These are my list of businesses you can start without investment or with a little of it. One you decide to try any of them, always remember that the beginning is always the hardest part. You might not seem to be making the much you expected; but DON’T GIVE UP!

Let me know what you think in the comment box. And also share to platforms you think it’s needed. 🙂

small online business ideas with high earning

Share

12 thoughts on “16 online business ideas without investment”

  1. There are some great options here. While most of these require some sort of specific skills, that doesn’t mean that they are out of reach. With so many online courses available, you can easily pick up the skills necessary if there is a job that has drawn your attention. If you find yourself connecting with a specific line of work and you want it badly enough, you’ll have the drive necessary to acquire the skills you need!

Leave a Comment

Your email address will not be published. Required fields are marked *

Shares