Home / Money / 5 Simple Home Business Ideas You Can Start With No Money

5 Simple Home Business Ideas You Can Start With No Money

5 Simple Home Business Ideas You Can Start With No Money

Let us make one thing clear first. The following business ideas are home-based and nearly the entire works involved are done via the Internet. Most (but not all) online businesses require you to have a website with domain name along with hosting service, both of which are not free. The good thing is that the price is so small, it is almost nothing. Done properly, however, that tiny amount of initial capital can turn into great fortune. Here are some of the best home business ideas you can start right away with little or even no money at all.

1- Drop Shipping 

The basic idea of drop shipping is to sell a variety of goods without maintaining a large inventory of products. In this business model, you are acting as the middleman with your own online store. Drop shipping does not usually work with the conventional brick & mortar establishment because you don’t actually have the products you sell. It would be ridiculous as an offline model, but potentially lucrative as an online one. You can list the products on a website or online marketplace such as Etsy, eBay, or Amazon as if those products are your own. When customers place orders, you forward the order and purchase the products for those customers. You also handle the shipping – hence drop shipping – from the actual seller to buyers’ addresses. To make profits, you have to buy at cheaper prices than your customers do.

2- Blogging

Blogs can make you money. Free and paid platforms are available. Bloggers make money by placing ads on their websites. If the blog is popular, more companies will want to put their ads on the page. One thing you may not realize is that companies or marketing agencies can be quite picky; they are more likely to put ads on your websites if you have good quality contents and reasonable amount of traffic. If you’re into blogging you better check this Blogging Course before you jump in.

3- Freelance Services

It is all about gig economy. If you think you can offer a service online and earn money from it, there is nothing that stands in your way. You can be an online bookkeeper, assistant, 3D CAD designer, spellchecker, writer, consultant, video editor, photographer, clerk, and basically any profession you can do remotely via Internet. Of course you have to market your expertise to gain customers; provide samples of previous works, use social media, or join online freelance agencies. It costs you nothing but time, hard works, and patience. You don’t even to have a premium website for this line of work. Fiverr it’s a great place to start as a Freelancer Sign Up Here If  you wish to start.

4- Take eBay for example. Everybody can use the platform to sell just about every imaginable product in the world. You can sell old clothing, pieces of rock, live goldfish, expensive watches, electronics, fishing gears, and everything else in between. You are allowed to sell items on eBay free of charge, and there are upgrade options available in case you need more features. The same thing applies to Amazon and many other online marketplaces. Put in mind that some platforms provide the options to register and sell items for free, but they take a tiny percentage of the sales price, which rarely is a deal-breaker.

5- Podcast

You can almost call it the new radio, streamed over the Internet to audiences’ ears. The easiest way to attract more listeners is to submit your podcast to both iTunes and Google Play. The problem is that you don’t just upload the audio file to their platforms; you only provide the RSS feed to that podcast generated by the website in which you store the audio file. Keep in mind that not every hosting provider offers service to keep your podcast. Similar to blogging, you are likely to get more advertising deal if your podcast channel is popular.