Top 6 Online Businesses to Start with No Finances
Disclosure of Material Connection: Some of the links in the post above are "affiliate links." This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising."
Have you ever imagined working from anywhere? How could that even be possible? Last year I shared with you about the perks of being a travel agent, so be sure to check that out! Having online businesses enables you to work from any place so long as you have an internet connection and a computer.
With the improvement of technology, entrepreneurs can operate their businesses from any place. The other advantage of having online businesses is that you can quickly reach many people without investing a lot of money. In fact, there are online businesses that you can start without finances. Below is an outline of such businesses.
Be an SEO consultant
You need knowledge and skills in Search Engine Optimization to offer these services. You should, therefore, know how platforms like Google analytics work and know the ins and outs of different search engines. Make business owners know the impact of search engine optimization on their businesses.
Let them know that when their sites rank high on search engines, they will be able to get many clients who will find their sites during their search for different products. Show them ways of ranking their sites and even offer the services, e.g., keyword research and providing informative content to increase traffic to their sites.
Be an affiliate marketer
Have you ever thought that you could make money online by marketing other people’s products and getting a commission? That is how affiliate marketing works. Think about it. You don’t need capital to do this.
You need an avenue of displaying those products and providing a review about them. Different sites have affiliate marketing programs, e.g., Amazon affiliate marketing program , Moreniche and many others.
Pat Fynn is an example of online entrepreneurs who have made it online through affiliate marketing. You can create a site and review products. When you apply for an affiliate marketing program, you will be given a unique code which you should include on the product that you would like to market. When someone buys that product through your link, you will get a commission.
Create your products
Did you know that you can sell your products online and make money? It is simple. Create your product. It can either be a physical product or an online product. You can create an online product like an eBook and sell it.
Remember to identify the pain points of your audience before coming up with the product. People are continually looking for solutions to their problems, e.g., marriage, stress management, unemployment, divorce etc. If you create a product that solves problems, you will sell it like hot cake. Kendall Harrison is one of the eBook writers who has been successful in writing cookbooks and self-published them.
Be a social media consultant
Most companies use social media platforms like Facebook, Twitter, Snapchat and Instagram to get leads. Such companies hire social media consultants to manage their Facebook pages, groups, and other Social media platforms. They usually want Social media consultants to deal with marketing and engaging with their audience.
You need proper social media marketing skills to hack this. As a social media manager, you can assist them in scheduling posts, creating content for their posts and interacting with their followers. Mark Schaefer is a successful Social media consultant who has made it in this business.
Be a mobile app developer
When people get busy, they tend to look for ways of managing their lives from their smartphones. If you have some knowledge of coding, you can create an app that helps people to stay organized. Even if you have an idea and don’t know how you can turn it into a useful app, you can team up with software developers and collaborate with them in creating an app. Examples of such apps include travel apps that have a packing list, daily routine apps, fitness apps etc.
Coaching
Online coaching courses can help you get cash online with almost zero finances. Coaching is the fastest way of starting an online business because you will be able to know the greatest fears of your clients, desires, and challenges. Such information will help you grow your business.
You might have to take a few clients and set a time to meet them as well. You need to identify your area of specialization and find more information about it. Research by interviewing different clients in your area of expertise and let them tell you what challenges they face. Find a solution to those challenges and be their online coach. You can be a fitness coach, an assistant financial coach among many others depending on your expertise.
There are many ways of earning money online, and most of them don’t necessarily need an income to start. The most important thing involving online businesses is that you have to care about your client’s pain points.