businesses you can start with little or no cash

Discussion in 'Business Ideas' started by Josephebuka, Nov 25, 2019.

  1. Josephebuka

    Josephebuka
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    Don’t let money discourage you to start something, check out the businesses you can start without capital.

    Not all businesses require capital.
    One of the most common financial advice you have repeatedly heard is to start your own business. So many people have given you reasons to become an entrepreneur but for some reasons, you’ve never considered it.

    The common excuse people usually give is lack of capital. But, you really don’t have to have a huge sum of money to become your own boss.

    There are businesses you can start with little or no capital and here are five of such businesses.

    1. Content provider

    Content creating is important to businesses.
    Are you a writer, editor, photographer, artist or video maker? If you have any of these skills, you can start a business with zero kobo. Sites like Fiverr offers opportunities for people with skills mentioned above to book gigs from businesses and provide content for them. You can make lots of money from this platform depending on your drive and talent. To start, just log on to fiverr.com and sign up.

    2. Repair/Skill based services
    related repairers
    If you have a specific skill, you really don’t need to wait looking for capital to start a business to make money. You could use your skilled labor as the main revenue driver for your business.

    3. Consulting

    Make money from your expertise.
    Think about the industry you are in. Think about how much knowledge, experience and skill you’ve gained over the years in that industry. You can make money from your expertise by offering expert advice to up and coming professionals, businesses and start-ups.

    4. Tutoring

    Another business you can do which doesn’t require any capital is tutoring. If you have the ability to teach people and they find it easy to understand you, then you should give it a try. It now on depends on the age range you’ll love to tutor.

    5. Social media influencer

    Being a social media influence can earn you lots of money.
    Thanks to social media, you can become an influencer. If you’re social media savvy, then you should consider becoming a social media influencer. Every business and brand today is going online to grow their business and they can’t do it alone without the help of someone who knows about social media platforms well.
     
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  2. VITS USA

    VITS USA
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    I agree with you. Network marketing is also another option which you can start from very low amount and earn more money.
     
  3. Alex james

    Alex james
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    Drop-shipping is a great business you can start in 2020!

    Try this easy steps - Master it as much as you love doing it.

    1.Figure out niche. - be specific Ex: by the Size easy items like headphones, earphones,
    2.Find a supplier - with quality products
    3.Calculate your margarine - very important, if you are not good enough with numbers ask for help
    4.Choose selling platform - ex amazon , ebay, etsy
    5.promote your store - with ads / social sites, which is very important
    6.manage customer handling - Its the key to keep them with you. hire professionals until you get experience
     
  4. JamesW

    JamesW
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    Nice writeup. I especially agree with the points on tutoring/consulting - sometimes one can not even realize how knowledgeable he/she really is because of the imposter complex, but understanding your real value is a powerful tool.

    I would also like to add that some businesses that are based on sharing models also require small sums, at least at first. Airbnb is a great example - in fact, it's just a platform for placing renting listings, but now they have so many offerings on their website and simply make money by being an intermediary in the whole process.
     
  5. Cosmo Films ZA

    Cosmo Films ZA
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    Here are some businesses you can start with little or no capital -
    • Freelance Content Writer
    • Affiliate Marketer
    • Blogger
    • Social Media Influencer
    • Event Planner
    • Tutor, etc.
     
  6. fisicx

    fisicx
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    Yes, maybe you can do these with little money but they all require learned skills.

    For example few will ever make any money from blogging because most bloggers are rubbish at writing.
     
  7. TimDuc_32

    TimDuc_32
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    Of course, you need a based knowledge, you have to know how to start everything.
     

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