13 Online Business Ideas With Minimal or Zero Investment
Suppose you’re an enthusiastic person who wants to jump into the competitive world of business and expose your entrepreneurial side.
Or maybe you are a fresh graduate and seeking to start off your own business instead of putting your feet into corporate jobs.
Or suppose you are a working professional who just can’t take the typical 9 to 5 schedules of work anymore and wants a break.
Or you simply want to begin a side business so that you can bear some more pints of beer.
Whatever the scenario may be, there are a lot of methods through which you can shift your interests and transform your skills into real cash digitally, without stepping out of your comfort zone.
Thankfully, we are blessed with the internet that has gifted us with countless opportunities and we can easily make use of them.
Still, there are people who think that generating revenue from the internet is kind of complicated and risky. However, it’s just a myth. However, we’ll be true to you:
Although starting an online business involves hard work but fortunately, there are numerous people who have already opted for it, and there are chances that you can also do it.
Well, we won’t sell you any business that will make you a millionaire overnight but we can definitely help you through a list of top 13 unique, simple and effective online business ideas.
Online Business Ideas That Needs Zero/Minimal Investment
It has been more than two decades now, people have been using blogging to make their living, majorly by delivering no-cost, engaging, actionable, and informative content on a wide array of topics targeting their audience.
The topics can be regarding anything:
- And a lot more.
Blog monetization is one of the most useful ways of making money online. Bloggers can easily make use of this method through affiliate marketing by finding private advertisers and giving platforms to pay-per-click ads.
2. Podcasting (Minimal Expenditure)
These days, podcasting is a trendy method used by a lot of people who are involved in new shows on a regular basis.
Fortunately, with the growth of the business in terms of popularity, many podcast hosts are finding several methods of monetizing their shows covering outstanding deals with advertisers and marketing products and services to their audience. Like blogging, the podcast can also be based upon any niche and for this, you don’t need to restrict yourself to the entrepreneurship niche.
3. Dropshipping (Minimally Expensive)
Gone are the days when you needed a warehouse to dump your inventory and run your business. The digital world has made it hassle-free for the business owners as now they can drop ship without keeping a single product. All you need to do is to get the products (already existing) from a supplier and permit them to maintain everything else starting from fulfillment, packaging to shipping.
Through drop shipping, you can easily run your business from any location since you do not require any warehouse.
4. Freelance Writing (Zero Investment)
In the present world of digitization, if you have good writing skills, you have already set yourself a way ahead. This is because most of the things we do involve writing.
Although we cannot call everyone a writer but still you have got that efficacy of writing- you have the potential of generating a lot of revues online.
If you are a skilled writer, you will have a sea of opportunities to set your business by providing your own writing services online in the form of blog posts, articles, magazines, editorials, books, and much more thereby helping the busy webmasters.
5. Promote an Online Course Or Membership Site (Zero Investment)
Developing and selling online courses is an exceptional method of generating a good flow of income. However, you will need to create a video tutorial through which you can teach or rather demonstrate to people on the topics you are familiar with. Once this is done, you can simply put it either on your personal blog or any digital course platform like that of Udemy.
Even though challenging but once you get into the track you will be able to make money online for a longer period of time. Just make sure that you create an informative, value-enriched, and useful video tutorial.
One more thing is the topic selection. You need to start by thinking of a subject in which you are completely confident and can explain it to people right from the scratch. The topic can be anything.
Another thing is to make use of a video editing app such as Camtasia through which it will be easier for you to develop professional-looking videos. Once done, all you need to do is get it uploaded somewhere for promotion.
6. Ghost Writing (Zero Investment)
Many bloggers and internet marketers are extremely busy managing other segments of their individual businesses; as a result, there is least or no time left for writing blogs. Moreover, one just cannot ignore the impact of writing for a successful digital business. That’s why experienced webmasters realize the significance of content marketing and hire efficient writers who can be involved in ghostwriting for them.
The role of a ghostwriter is to provide the marketer with standard content that can be published as blogs under the name of the marketer.
Just remember ghostwriting doesn’t only involves blog posts you can also be hired for writing a complete eBook. In other words, you just need to write without any headache of SEO or SMM campaigns.
7. Virtual Assistant (Zero Investment)
There are a hell lot of vital and time-consuming works that are often delegated by marketers to professional hands.
This is where the importance of virtual assistant comes to play.
Below mentioned are some of the responsibilities handled by a virtual assistant:
- Link Building
- Social Media Marketing/Promotion
- Travel Arrangements
- Email Management
- Audio/Video Editing
- Calendar Management
- Blog Posting
Depending upon your specialties, you may have to maintain all or some of these above-mentioned roles as a virtual assistant.
8. Website Flipping (Minimal Investment, Time-Consuming)
Real estate is a sector that not only involves buying, selling, and renovating- it has also got something called “online real estate”.
Online real estate is a process that deals with purchasing an existing website and then redesigning, rebranding, remarketing, and reselling the same site for more gains.
This is a popular business these days since people are making huge profits out of this. Although it can help you fetch lots of revenue this is not as simple as you think.
You can also try out another way and i.e. to build a fresh website and then sell it online. Once you are ready to conduct such sales, you can use the services offered by sites like Empire Flippers.
9. Online Book Publishing (Zero Investment)
Have you ever thought of writing and publishing a book?
Witnessing your own name highlighted as a prominent author might seem like a golden dream, isn’t it! Well, it can be an easy dream to get fulfilled and we aren’t joking right now.
Be it a romance novel, a fiction novel, a marketing guide, or a child’s picture story, now you have various options for making your own book self-published.
Once you are ready with your book, you can either release it as an eBook for onsite sale or you can publish the same on the Kindle store. You can also make use of a popular printing service like CreateSpace.
The best thing about getting your work self-published is that from production to storage to delivery everything is maintained automatically. You just need to perform the initial task of writing and uploading it to the particular platform you choose to publish and everything else is automated.
10. SEO Consulting (Zero Investment)
Most of the traffic today still comes from Google. We cannot neglect the significance of search engines and for this reason, SEO (search engine optimization) is still considered as an in-demand skill set that anyone can possess.
Usually, it takes around 4-6 months to hone the skills of SEO and start providing service to others. However, with time and enough experience, you can also start your individual SEO agency.
SEO isn’t a hard nut to crack! If you have an interest in it you can surely become an SEO expert. You can anytime start learning SEO from Internet Marketing School by getting enrolled in our digital marketing training programs.
11. Affiliate Marketing (Zero Investment)
One of the simplest and best ways of generating online revenue is through affiliate marketing. You just need to acclaim someone’s product or service to your followers and in case a purchase is done, you will earn a considerable amount for your recommendation. So, isn’t that easy?
Moreover, you won’t need any lump sum amount of capital to get started. This is absolutely FREE and anyone can start it with empty pockets.
12. Facebook Ads Consulting (Zero Investment)
If you have proper strategy and planning, Facebook ads can be an excellent way of gaining online attention for your brand. However, since there is a continuous alteration of technology and advertising guidelines, Facebook is making it difficult for most marketers to gain from it. This is why it is very crucial to hone your skills in Facebook advertisement and earn lucrative amounts as a Facebook Ads consultant.
13. Amazon Associates
Alike affiliate marketing, Amazon provides a profitable commission to publishers who simply need to refer people to their website.
You need to set up a site where you will be responsible for reviewing products depending on the category you have selected and finally join the Amazon Associates program. Whenever a user clicks on any of your affiliate links and makes a purchase on Amazon, you will get commissions.