Capital or funding is one of the most integral backbone of every business. However, not all business require a huge capital. There are plenty of business with small capital you can find online that you can venture into. Also, some business may even not require any capital at all.
Meanwhile, In this post, we will be focusing on such business that require little or no capital that you can do online – Why online?
The world is now digital, It is easier now to sit at home and engage people online through social networking. It may interest you to know that facebook for example can get up to 1 billion users in a month. Just imagine a tremendous market targets you can get when you have your business advertised online.
Therefore, it is important to be part of the online business community. Read through this post and see ways you can make money online with little or no capital. The list includes;
- Freelancing business
- Airdrop and bounties
- Online Survey
- Affiliate marketing
- Social media influencer
- Selling of ebooks online
- Online tutoring and training service
- Drop shipping business
- Making money through youtube videos
- Domain Flipping
It may interest you to know that a shortcut to greatness is reading and writing. In short, you can not be a good writer if you are not a good reader. Therefore, choosing to be a writer will expose you to opportunities of reading things that will improve your financial status and your learning.
Blogging is one of the ways you can become a writer at the comfort of your home. Also, blogging is a very lucrative business that can pay you thousands if not millions of dollars. Even rich men still blogs, Bill gate for example has a personal blog he calls Billgatesnote
However, the most common problem you can encounter as a blogger is that, blogging is not a get-rich-quick program. Therefore, most people get fed up before the money will even start coming. In summary, Patience and Perseverance is the key of all successful bloggers.
Freelancing are used by Companies who need to contract someone to do a job for them – You can actually get this contract if you can register with these freelancing sites.
In other words, Freelancing allows you to exhibit your skill and get paid for it. There are so many niches you can lay your hands on such as; Digital marketing, Graphics and Designs, Music and Audio, Technology and the rest of them.
Here, is a list of freelancing sites where you can get paid doing what you like to do from home.
Your job as a freelancer is to help someone get his/job done on a contractual bases and get paid for it. Why waste that skill? – lets go freelancing.
Airdrop and Bounties
In the world of cryptocurrency, the airdrop and bounties are free crypto coins that new coin developers distribute as a means of creating awareness. To benefit from airdrop, you don’t need capital, all you need is myetherwallet, Twitter account, Facebook page, Instagram page and bitcointalk account.
To participate in an airdrop or bounties, you are required to carry out directives from the coin owners and you will get the coin free in your wallet. Airdrops is lucrative and can give you free money you cannot imagine.
If you want to get started with airdrop campaigns, here are some sites you can be getting free airdrops.
Do you know you can get paid for taking surveys and answering some questions about a product? To begin with, Most companies wants improvement for their products and there is no way they can do that without getting reviews from customers. Your job as an online survey analyst is to sit and answer questions and you will get paid for doing so. You can earn from $3 – $5 hourly for participating in an online survey.
However, online survey does not only allow you to answer questions, some companies will go to the extent of giving you their products free of cost to test and give them a review of the product.
The only problem in online survey is that most of the sites are not legit. Here, are some sites they you will find interesting when thinking of starting an online survey.
Affiliate marketing is one of the online business that is very profitable and easy to do. Here, all you need to do is to help a company advertise their product and attract customers to buy from them through a referral link. Hence, when you register with an affiliate company they will generate a unique link you can add to your blog or social networks. You get paid some percentage once someone buys a product with your link.
However, to be very successful with affiliate marketing, you must be generating enough traffic. Therefore, its suggested that you have a blog where you can place your affiliate ads.
To benefit from affiliate marketing, you can choose to Sign up with any of the affiliate marketing companies below;
Social media influencer
Social influencers are people who have created integrity in a social media and can easily influence his/her followers through their posts. These influencers have so many followers and therefore can be paid sponsoring posts and blogs, affiliate marketing, hosting events e.t.c. Christiano Ronaldo for example earns as big as $750,000 per sponsor.
Notwithstanding, to become a social influencer you will have to choose a niche and be good at what you do. So many social influncers who became celebrities over night are into food, Fashion, comedy and graphics.
Therefore, this type of online business requires commitment and talent.
Selling of ebooks online
If you are talented in writing and can put down your ideas in writing – this form of business may be for you. In any case, ebooks are books that are presented in an electronic form. The advantage of this type of book over the conventional paper form of books is that this one can be sent to anybody in any place around the world just in secs, hence, the publicity level is greater since more people can get to see your work at a moment.
If you wish to start writing an ebook, the first step is to choose a niche. However, it is important that you choose a niche that you know something about. It is wrong to be everywhere and at the same time nowhere. The secret of a successful writer is to have a niche that you built authority around, people see you to be credible in that niche and will always look for you.
Finally, after writing a wonderful piece of book, done the proofreading and the book is ready for sale. Here are some sites you can upload your ebooks for sale and attract plenty of buyers.
There are other platforms where you can sell your ebooks, these is not a complete list, rather, it serves as an example.
Online tutoring and training service
There are so many kids or persons that will need help with their academic works. If you are good in any field of work, its an opportunity to convert it to money. You can actually make money from home just teaching people what you are passionate about.
However, to get a good stance in this form of business, you must have some pedigree or certificates that will prove you capable and suitable for the job. Also, having a teaching and communicating skill will be an advantage since you will receive reviews and recommendations from your students.
Aside from going into professional teaching, you can actually train people through videos or instructions and get paid. There are some people who may want to loose weight and will need an online instructor or a cooking recipe e.t.c. You can decide your niche and market yourself. Here are few sites you can check out for online tutoring jobs;
This is a business whereby you don’t need to stock the goods, all you need to do is to pick some specific goods you will want and advertise them. Once a customer makes a payment for the goods, you will get the goods delivered to him/her through a manufacturer or another retailer.
One big advantage of this business is that you can start a big business with just a little capital since you will not have to stock the products.
Making money through Youtube videos
YouTube gets more than one billion unique users a month. With this great audience, monetizing your youtube page can pay you from $1000 – $2000 daily. But, the new policy of having at least 10,000 lifetime views maybe a setback for beginners who may want to monetize their account.
However, there are so many other ways you can use Youtube to get money inside your pocket. These includes;
- Channeling traffic to your blog
- Affiliate marketing
- Create a product, promote on youtube and make sales such as ebooks
- Do tutorials on “How to”
With these are so many other creative ways, you can be sure to make money from your youtube videos.
There is a probability that you may buy a domain as cheap as $5 and later resell it in millions of dollars. However, there is no ironclad rule that someone may want to buy a domain you bought earlier from you. Therefore, this type of business is like 2-edged sword, it can make you a multi-millionaire and can as well make you loose your money.
Godaddy, who specializes in domain flipping gave a professional advice on the 5 steps to secure a domain that may pay you in the future. It includes;
- Narrow your focus.
- Find names that offer real value.
- Check domain availability.
- Evaluate the price.
- Get your domains front and center.
Making money through PTC (Paid To Click) sites
Paid to click sites as the name implies are sites that pays you for clicking on their displayed adverts. Advertising is one of the core values of every company. Therefore, so many companies spend plenty of money to make sure that their products are seen and known.
PTC sites can give you close to $250 or more by spending at least 1 hour to 2 hours a day. But, Most people are scared of PTC sites because there are so many of these sites that are fraud. Here is some tested and trusted PTC sites you can count on. Sign up and be part of PTC money making.
In summary, There are so many attractive reasons to make you choose to have an online business. It can be due to the abundance of readily available audience or the market potential. Also, the fact that most online businesses does not require big capital, therefore, Knowledge of Online business is one effective guide on how to start a small business.