Starting a successful business doesn’t need to require a huge investment. With a great business idea and the right tools, you can start a business without investing much money, or even acquiring inventory.
Although there are many businesses out there, below are extracted 10 businesses you can start with from home with little money.
Best Businesses to Start with Little Money
Dropshipping is a process whereby you connect buyers to the seller. It is a very lucrative business. Here I will show you how you can start a successful dropshipping from anywhere in the world with little or no money.
In dropshipping, you source a product from a supplier and you upload it on your website, your buyer buys the product from your website and pay you directly, then you remove your profit and buy the product from your supplier’s website and you pay your supplier and indicate your buyer’s address on the checkout. The supplier will send the product to your buyer.
This process will help you to avoid handling of the product. Source for buyers, repeat the steps above.
The advantage of this business is that most times you don’t need any capital to start.
You can be start from your home and you can process all the steps from sales and profit right from the comfort of your bedroom.
How to start to Dropshipping
- You need is an internet connection and a smart phone and ability to upload your products and write good description on the product to sell the product faster.
- You need to source for a good and trustworthy supplier who can send their product directly to your buyers.
- You have to compare the product you want to sell to those listed on your supplier’s website. You have to note the differences which will be your profit.
For example: let say you want to sell a wrist watch, If the product is sold for $100 on Amazon or your supplier’s website you can list it on your website for $120 and make profit of $20 without seen the product.
Affiliate marketing is another business you can start with little or no capital provided you have a phone and good internet connection.
Affiliate marketing is all about promoting other peoples product to earn commission.
Most common site people finds product to promote in order to earn commission are listed below :
- All in one profit (marketing tools platform)
- Commission Junction Affiliate (An online advertising company owned by Publicis Groupe operating in the affiliate marketing industry, which operates worldwide)
- JV Zoo (free to join and as an affiliate or vendor you can sell unlimited products from a single account)
- Clickbank (founded in 1998, is a Leading Global Retailer and Affiliate Marketplace)
Social Media Agency
Social media agency is a business you can start today right from the comfort of your home.
You need to know how to advertise on social media e.g Facebook, twitter, YouTube, Google, Instagram etc.
If you know all these then the next step is to source clients like business owners.
Approach them and explain your key skills to them and tell them how you can help them to drag quality traffic to their website or how you can bring real and quality customers to purchase their products in their office.
Social media marketer earns big money every month. Imagine you have two customers for a start that pays you $200 each and if your customer base increase to 10, then you will be earning $1,000 in a month.
This is a mind blowing business idea that can be started from your home or anywhere.
Blogging is another way to make money online with little or no capital to start up.
This can be done from the comfort of your home, all you need is a smart phone and a good internet connection.
Blogging is a way of sharing valuable content which helps people to know something or solve a particular problem.
You need to get a good niche and stick to your niche and be consistent in sharing valuable content.
You can then monetize your blog (with adsense, mgid, etc) and be making money from your blog daily.
Blogging is not a get rich quick business. It takes time as success takes time as well.
You have to post good and valuable content for people to keep coming and visiting your blog.
To retain your views, you can come up with a free ebook or free training in exchange of your visitors email. You can activate a pop up on your website or put a link on your website that people can click to get the free ebook or training in exchange for their mail.
Then whenever you post any content on your website or blog, you can easily send them mail to check out or read your new valuable content. You are trying to send them back to your blog.
This is what experts and gurus are doing everyday to drag traffic and to retain their readers. If you want to start a blog today, ofcourse you can right now.
Start A YouTube Channel
Starting a YouTube channel is a good business idea. You need a good camera or phone that can produce a quality video.
The next step is to upload your content video on YouTube and then do your keywords tags so that people can watch your videos.
You must produce quality videos on things that are trending so that you can quickly get subscribers that will keep watching your videos.
If you want to see how much those uploading online are earning check www.socialblade.com. You can as well check your earnings on social blade.
If you don’t know how to produce video or you don’t have good camera and you don’t even know much about how you can earn on YouTube and you want to earn $5,000 or more per month in the next 30days. All you need to do is to go to youtube and some interesting videos posted by some individuals and see how you can be earning $10,000 or more per month on YouTube without making videos.
Become A Realtor
This is a business you can start from home. Did you know Realtors are making money everyday? Yes that is true.
All you need to know is to partner with some real and trustworthy real estate companies and promote their lands or house for sale.
When you make a sale the company pays you commission and if those you refer to the company make any sale you will be paid commission as well.
You can register with the company to become a realtor, use search engine to found their webpage.
Buying and Selling of Domains
This is called domain auction. You buy domain and you list it up for selling.
You can buy domain for at cheap as $12 and sell it for $500 to $1000 after some months. You can do this right from the comfort of your home with little capital.
Yes many people are making cool cash from this simple business everyday.
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