If you are an average American, you probably have less than $1,000 in your savings bank account. You are likely willing to start a new business or a venture that could hopefully bring you some money. The only downside is that business requires investment. If you don’t have hundreds of thousands of dollars in your bank account or a solid investor, you may not be able to start a business.
Now, let us present to you the good news.
Not all businesses in the world require heavy investments. Some of them could be started with less than $100 budget and still be able to provide you great profits. Do you want to know which businesses will help you earn money while taking almost zero investment?
Online video tutorials
If you have a video camera (or at least a great phone) and have some video editing and speaking skills, an online video tutorial can help you earn a decent income. These courses are available to people who have subscribed to platforms like Udemy or those who purchase it from you directly.
You can also earn a great income by uploading these videos on YouTube and promoting them on different platforms. The more people see your videos, the more they will interact with it. This will increase video views and help you earn a steady revenue.
Many people like to call themselves bloggers but hardly get any traffic on their websites. As a result of this, they are unable to make a mark for themselves in the online world. However, when blogging is done right, it can help you earn massive revenues.
All you have to do is keep creating beautiful content on a regular basis and start bringing some traffic to your website. After this, you can use Google AdSense to show ads to the traffic and get paid for it. Even though AdSense revenues have decreased over the years, it is still one of the best ways to earn money online.
You could also opt for affiliate marketing for Amazon and other such big online sellers. When you do affiliate marketing, you get a commission on every sale you make. If you know how to sell products well along with captivating content, affiliate marketing can work for you.
This business doesn’t require any technology prowess whatsoever. You will be paid to shop for someone else. This business doesn’t offer scaling opportunities but it can certainly bring you some good cash in times of need. Retail buyers shop for others which helps in saving time as well as resources. You get paid in lieu of this service.
Apart from these, you could also start selling on eBay, Amazon, Etsy etc. Drop shipping is another good way to earn money. You could also start doing small gigs on freelancing websites. They usually allow you to work from the comfort of your home and you always get a good income. Even if you manage to earn $500 a month through these gigs, you will be making $6,000 a year by just doing some extra work.