10 Business Ideas You Can Start Without Any Capital
A lot of people want to make money online and build their online business, but the problem is that they are beginners and may have no money or budget to start with and they want to start earning online.
In this post, we are going over 10 of the BEST businesses to start with no money. Many people think you need tons of capital to start up a business, but the truth is that there are so many impactful and scalable business ideas that cost $0 to get off the ground running.
I’ll be going over some creative ideas, these businesses are completely virtual, meaning that you can do them with just a computer and internet connection.
That being said, let’s dive right in—you’re bound to find a business idea that suits your skillset if you think creatively!
1. Blogging
One of the 10 business ideas you can start without capital is blogging.
Blogging is a way for the average person to express their opinions and knowledge on a variety of topics. It can be used as a business or a hobby. Most people would want to start a blog, but not all of them know what to write or how to create one. Every human has a story to share, and a blog allows them to reach an audience of millions through the Internet. A blog is also a great place to learn more about yourself and the world around you.
There are several different types of blogs, each with its own purpose and agenda. For example, a blog can be used to showcase a portfolio or share information. But its main purpose is to draw traffic to its owner’s website. The more readers that visit a blog, the easier it will be to make money through it and promote your business.
When you start a zero cost online business like blogging, you’re most likely selling one of three things below:
- Your time (coaching or consulting).
- Your own products (eCommerce or SaaS).
- Someone else’s products (affiliate marketing or ads).
With a blog, you can sell all of these from one website and make the most money from any low-cost online business idea out there.
If you want to learn how to start a successful blog and make money, you can do so on this page
If you want to create a blog for free, you can click here to get started.
2. Affiliate Marketing
The 2nd on this list of business ideas you can start without capital is affiliate marketing. Affiliate marketing is a way of making money online. It’s really a simple concept. When you are an affiliate marketer, you promote a product, service, or site for a business, and you as a publisher get rewarded for doing so.
In most cases, you find products related to your niche and offer them on your website or blog. You promote the products and post a link on your site where they can purchase the products. Then, when someone follows that link to buy something, you earn a commission. The commissions can be either a percentage of the sale or a fixed amount.
Similar to blogging, starting an affiliate business can generate passive income. If you already have a website that’s driving targeted traffic, a great way to make passive income from the content you’re already creating is through affiliate marketing and joining the right affiliate programs like ShareASale, Rakuten, Clickbank, and Skimlinks.
According to one blog income report study, bloggers making between $7,500 — $25k per month make 38% of their income from affiliate marketing. If you are an expert in a particular niche, you can write reviews or comparisons of products. You can offer free stuff to your email list, or you can create a cheat sheet for people to download with your affiliate links in it.
If you want to broaden your knowledge in affiliate marketing, you can do so on this page
3. Freelance Content Writing
It is not an easy job and not everyone can do it, hence if you have great writing skills, then this can be one of the best lucrative business ideas you can start without capital. Content writers are in huge demand. If you have a knack for crafting engaging stories and writing articles, then you can turn your skills into a lucrative freelance writing business. It has a lot of money and has also become very popular these days because of its increased demand.
From website copy and sales pages to blog posts and email newsletters, you can write content for a variety of purposes. Experienced freelancers earn anywhere between $1,000 to $5,000 per week. Freelance copywriting gives you the opportunity to earn money from any location.
A lot of companies hire content writers for attracting more and more people to their websites. People prefer content writing because nicely written content can take the company to the next stage. The only way to earn money through it is if writing comes naturally to you, else you would not be able to create an impression.
There is no educational background or prior experience required for this but for becoming a good writer you should read books/articles written by other writers and by doing writing practice. Thus, a good content writer is one who can express things by using few words. If you have it in you then you can earn around $5 per hour for a blog.
If you are starting out, you can find work on websites like Fiverr, and Flexjobs. Once you build your portfolio, you can even launch your own website and generate inbound leads. One other option is to connect with potential clients on social media platforms like LinkedIn and offer anything from content writing to SEO writing.
4. Amazon Kindle Direct Publishing
Still, on business ideas, you can start without capital. Amazon Kindle publishing is a great way to reach an audience for your writing, and a lot of people are looking to read eBooks. If you are someone who enjoys writing, then packing and selling Kindle books on Amazon can be a very fulfilling online business for you.
With Amazon Kindle Direct Publishing (KDP), you can self-publish your book on Amazon and start making money in as little as 24 hours.
Sounds a whole lot better than waiting months or even years to find an agent, get a book deal, and go through all the rigmarole of traditional publishing for a printed book, right?
And that’s not even the best part…
- Amazon lets you keep more of your money. A lot more.
- With over 90 million Prime subscribers in the United States alone, Amazon’s Kindle store reach is huge.
- Self-publishing with Amazon KDP is absolutely, positively, 100% free.
In short:
Kindle publishing makes it so that anyone can self-publish a digital book and sell it on Amazon.
This is the easiest and fastest method to make daily, weekly, monthly, and yearly passive income on Amazon.
What you don’t know is that Amazon OWNS the book market by 84% in the US alone,(over 490 million books a year).
And with a $386 Billion revenue in 2020 you don’t need to be a genius to do the math.
– No-Risk.
– No Capital.
– Books Created Once, Sell Forever.
– Unlimited Books Can Be Created. ?
– Amazon Does All The Hard Work.
– FREE TRAFFIC, No Website, No Email, No Software. ?
– No expert tech skills are required.
– Beginners friendly
– Best passive income method
– Most reliable and guaranteed passive income system
If you want to learn Amazon ebook publishing, you can do so on this page
5. Quora Partner Program
Quora has become a go-to forum where people can go to ask and answer questions. In addition to providing answers on virtually anything and everything, it can be used to make money.
You have the ability to make money online without owning a business. You can learn how to make money with the Quora partner program easily. The program allows you to earn money when you publish questions.
Depending on the number of views your questions get, you earn money.
When there are more views, you earn more money. The reason Quora is willing to pay you is that they get money through advertising.
Your question page could have an ad – and ad spends allow Quora to make more money.
In order to get started with the Quora Partner Program, you have to be invited. That’s right.
The only way for you to be able to get going with this aspect is for you to already be settled on the platform enough that Quora finds your questions to be valuable enough.
The invitation will come by email, which is the one that is connected to your account.
Once you receive this email, you can click on the “View invitation” in order to follow the prompts to sign up.
There are a few tips to receive the invitation:
- Quality writing
- Level of posting of questions and answers
- Field of work that you’re in
- Number of followers
So, when it comes to how to make money with the Quora partner program, it starts with being active enough to get the invite.
Asking Questions That Get You Paid
The questions are what makes you money through the Quora Partner Program, so you have to be diverse.
While there is no “perfect” question, it’s one that is interesting enough that people will feel driven to ask.
Some tips:
Go for popular topics so there’s the likelihood that they go viral
Choose questions that would receive emotional answers
Don’t repeat questions that are already asked
Finally, don’t forget to stay engaged on Quora by asking questions yourself about the program.
Many people have been on the platform for years and already know the best tips and tricks on the ways to make extra money.
6. Freelance Editing
If you have a love of the written word and you always pick out the typos and grammatical errors when you read someone else’s writing, freelance editing might be a career to consider.
As long as there is written content, there will be a need for editors, so if you have a good eye for necessary structural changes and enjoy editing for grammar and punctuation, you may want to consider starting a freelance editing business. You can find jobs on Freelance websites like Fiverr and Flexjobs.
7. TikTok
TikTok is a popular social media app that allows users to create, watch, and share 15-second videos shot on cell phones. With its personalized feeds of quirky short videos set to music and sound effects, the app is notable for its addictive quality and high levels of engagement.
Like YouTube and Instagram, TikTok is being used by people to generate an income and build a career as an influencer. But where do you begin?
How to make money on TikTok
TikTok has grown rapidly in recent years. It has approximately 17 million monthly active users in the UK, rising from around six million in 2020. Meanwhile, the TikTok app is on course to reach 1.5 billion global users in 2022.
So, how can users make money from TikTok and its fast-growing audience?
There are three main ways to make money from TikTok:
-
earning money directly from TikTok through its Creator Fund
-
partnering with brands to post sponsored content
-
selling your own merchandise via the platform
To get in a position where you can start making money, you’ll need to follow these key steps:
-
Build your following – you can start attracting the attention of brands with around 50,000 followers
-
Identify a niche – if you have a smaller number of followers, developing a niche such as history or fishing can help you to get noticed
-
Post regularly – make sure you’re consistent and don’t lose momentum by taking long breaks between posts
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Jump on trends – TikTok is known for its viral dances and music videos – can you incorporate the latest trend into your content?
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Engage with your followers – the more interaction you have with your followers, the better your sponsored posts will perform
8. Youtube
Around the globe, five billion YouTube videos are watched every day. YouTube is as popular as ever with users spending an average of 40 minutes per YouTube session.
In addition, two out of three potential buyers have a look at YouTube videos buying a product or service.
In line with this digital shift, the next thing you should learn is how to make money on YouTube. All you need is video editing software and a computer and you can get started on YouTube.
For example, on Ryan’s Toy Review, young Ryan makes a whopping $22 million by playing around and disassembling toys. Not bad for playing around with gadgets.
Making money on YouTube is no longer exclusive to a select few platinum musicians, specific entrepreneurs, or huge influencers.
There are plenty of opportunities for everyday people to make money from YouTube.
However, you have to be more strategic in your approach.
Here are some powerful strategies you can employ to jumpstart your earning potential from YouTube.
1. YouTube Monetization: Use affiliate links on YouTube.
Promoting affiliate links can be a massive earning opportunity for channels that offer in-depth tutorials as well as insightful product reviews.
For example, if you recommend a product and a user visits your link to buy, you’ll start earning commissions.
You can place these links in the first few lines of your description and speak about your link in your video content.
Posting affiliate links on YouTube shares a typical resemblance to promoting affiliate links on your blog.
2. Become a YouTube Partner and earn from video ads.
For many YouTubers, ads are the most essential YouTube income stream.
As a YouTube Partner, you make money in different ways.
You can make money from ads before your videos, channel memberships, or Google AdSense banner ads.
However, there are some ground rules to observe before becoming a certified YouTube Partner as well as some prerequisites needed to start.
Aside from adhering to YouTube’s ad rules, you must amass a minimum of 4,000 video watch hours on your channel in the last 12 months and have 1,000 subscribers.
There is no concrete timeline or format to get these foundational 4,000 hours. You can get 100 hours each on 40 youtube videos or any combination to get your total to 4,000.
After successfully achieving the 4,000 hour-threshold and winning your place as a YouTube Partner, you can start to earn money from ads.
3. Make Money on YouTube with Funding from Your Fans.
If you’ve built a following of loyal fans, encouraging them to crowdfund your channel can help you fund your new videos and profit.
A crowdfunding platform like Patreon introduces more seamlessness to the process of getting paid for your content.
For as little as a dollar, your fans can make subscriptions to their favorite channels, even going home with some exclusive rewards from their favorite content YouTube creators.
4. Master Your YouTube SEO.
For video creators who have not built a significant following yet, you have to step up your game and maximize YouTube SEO this year.
To do that, perform keyword research like you usually would – however, think a little differently based on what people are searching for on YouTube.
Next, make sure you are using high-value keywords in your video title, description, and video tags.
Once launched, you can check your YouTube “Traffic Source: YouTube search” report to get an idea of what people are searching for when they find your hosted videos.
In general, Google provides video results for keywords on how to, reviews, tutorials, and funny video terms.
There are also five key YouTube SEO ranking factors to consider:
- Number of comments
- Subscribes after watching a video
- Thumbs up/thumbs down ratio
- Video length
- Click-through-rate on the YouTube search results
5. Make the most of your YouTube marketing funnel.
Optimize your YouTube channel for sales. Choose your niche, become a YouTube partner, and start planning your marketing funnel.
YouTube is one way to spread your message, but you can make more money by using YouTube in unison with a blog.
That way you’re collecting more email addresses and eventually selling products to your fan base.
6. Become an Amazon Influencer.
The Amazon influencer program is becoming more popular.
This influencer program allows you to maximize your YouTube (social media in general) presence to make money via Amazon recommendations.
After joining the program, you can review and recommend products and direct your viewers to Amazon to purchase via affiliate links.
When your viewers click through and make an Amazon purchase, you get your cut of the commissions – typically 8-10%.
In addition to product reviews, Amazon also provides the ability for content creators to promote their own merch. This means that if someone buys your merch, you will get the full profit from the sale.
9. Graphic Design
Graphic designing is an art form that uses creative tools to communicate with customers and clients. Its importance cannot be understated. It is believed by almost all marketers that design plays a vital role in digital marketing. It contributes to brand awareness and influences customer decision-making.
The most important purpose of graphic design is to promote a product. A good design creates trust and credibility among consumers. In addition to helping build belief, good content solves the problems of its audience. Bad graphics affect the efficiency of a workplace or worker’s productivity.
Another purpose of graphic design is for marketing and advertising. Successful marketing campaigns are essential for the success of any business, and it is crucial to connect with customers. Effective marketing strategies engage people based on their wants, needs, and awareness. A great design helps companies communicate their messages more effectively. A successful design is a combination of art and functionality. By combining these elements, an effective campaign will result in more conversions and higher profits.
This lucrative business idea is great for creatives type. While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own.
Companies are always on the lookout for graphic designers to help them with their brand image. From designing marketing collateral like banners, posters, and logos to designing landing pages and websites, the opportunities are vast. You can pitch your design skills to small business owners or individuals to start your own business. Graphic designers can also join freelance websites like Fiverr, and Flexjobs to find relevant work.
You can learn this skill online by watching relevant Youtube videos. Youtube videos are free.
If you want to broaden your knowledge of Graphic design, you can do so on this page
10. Web Development
Most people in this business start by learning how to code. Web development is the process of creating a website from a blank screen and turning it into a graphical user interface.
There are over 4 billion internet users in the world and 6 out of 10 small businesses have a website. Front-end web development is a valuable skill to cater to the surging demand for launching new websites. You can start by developing websites for your friends and family to polish your skills.
While there are a lot of website builders that can help small businesses create their own websites, developers are needed for more custom jobs (and new businesses are always looking for efficient coders at cost-effective prices). You can kickstart your career by offering competitive prices for your services and then slowly transform it into a more lucrative business plan by solidifying your portfolio. As a web developer, you’ll build incredibly valuable skills that are in extremely high demand.
You can learn this skill online by watching relevant Youtube videos. Youtube videos are free.
If you want to broaden your knowledge of web development, you can do so on this page
You can also watch the video below for more ideas
I hope you found this post helpful – just note these are all ideas and to turn them into 6-8 figure businesses, you need to take ACTION! Don’t let fear get in the way of you pursuing the lifestyle and financial success you want.
100 comments
Ma’am I really appreciate for your knowledge, kind n consideration, Ma’am I need to discuss with one to one through virtual meeting.or watsupplease.can you spare time for me…
Beginner
Kindly i request for your beautiful financial, guidance and support
Mam,see I am secondary school teacher in my country.I get the payment but I don’t fulfill my needs.So I request to give me such platform that new and I can strat earning fast.U handle mobile.But not such master to handle computer.So suggest something pls.
Thanks.
Your one friend from India.
Ram.
Nice apps i liked to much this app
Thanks for these life changing information you share with us.God bless you
How can I get to learn these skills?
It’s very important idea and will helps people must especially in Nigeria
How can I go through the process to set working business what are the procedure’s?
Your write up is very good and encouraging but the pragmatic approach to a beginner will be more useful
Thank you for sharing this with your followers. Educative. The problem however is that the information is not enouph for an entirely new begginner. I am interested in affiliate marketing/ copywriting/information marketing. Do i start by having a websight (cant afford it) do i just join sites (dont know how) I have only my phone but saving to get a computer. I have paid for and gone through on line coaching . Yours is one of them. Please I plead that you come down to the level of pepple like me who are new, very new to all these. Thank you.
So thankful for such a person like you..God bless you
I am interested in it
Great Idea , Thank you so much
Great Idea and i will try use this and also share with you
I need this job of blogging
Thank you!
I appriciate this kind of works , even if there is nothing to pay me for how to know and how to correctly done this kind of works. So i went to work with this website
Am interested
How to start
How to starts online business (no capital )