Looking to start a business but all out of cash? Luckily, there are a couple of options that require little to no money as long as you have the skills and determination ready at hand. It’s not to say that starting any of these businesses will be any easier than the rest just because you can avoid the enormous startup fund requirements, though, but it gives you an opportunity to get started a lot sooner.
Have a look at the business ideas below to get started and you might be able to not only avoid the initial debt that sets so many startups behind – but even start a small side hustle without having to commit by taking up a large loan.
It just makes it a lot easier to feel a bit more confident about your business venture and stay optimistic even if the first couple of years are rather tough.
Got skills? Start tutoring
Sure, you’re probably not planning on becoming a YouTube star overnight anytime soon but all of those educational videos online are, in fact, able to make an impressive revenue.
The world is so hungry for information and there are so many people out there who are eager to learn without having to show up for some dry lecture somewhere; pass your skills and knowledge on to these people and you might be able to make some serious money.
Keep in mind, however, that this is not something that’s going to happen overnight. If you have a network of people already who might be willing to watch your videos, you’ll get a massive head start as the main problem, in general, is to get enough traffic to your content.
The good news in all of this is that there are a ton of ways to increase this traffic; improve your social media profiles, build a great website, learn some much-needed SEO, and you might be able to get there in the end. Start little by little, craft together your videos, and stay strong even if your closest family and some random people on the other side of the world are your only viewers.
Or just offer your services
If you’re, however, left feeling a bit dismayed and think you don’t have any skills at all that are worth sharing on YouTube, there’s no point losing hope quite yet. Anything can be turned into a business, really, as long as there are people out there who are willing to pay for it.
Window cleaning services, gardening, babysitting, pet walking, and house painting can all be turned into a profit when you’re willing to put in some work. You might need a tiny bit of startup funds, though, to make sure that you have the equipment needed for, for example, gardening or house painting.
Check out these same day cash loans to get started a bit sooner but keep in mind that you won’t need much at all – and a friend or a family member might be willing to help you out. As long as you have enough to get the best kind of equipment you need and perhaps run a quick social media ad, you’re good to go
Some people have actually made some serious cash out of buying money online. It seems odd but, when you think about it, flipping money as well as other forms of collectibles is both easy and completely free as long as you’re willing to pay a bit to obtain the item. Don’t worry, though; you will sell it for much more and make quite a good profit.
If you already have some knowledge when it comes to collectibles, you can get started right away by searching through the marketplaces until you find something that others might be interested in. The trick, of course, is to pitch these items on sites that are a bit niche where potential buyers are interested in these curiosities.
Have a look at this site for some more insider tips to how you can flip stamps, coins, and various other collectibles to make some quick cash. You won’t make a fortune, of course, but it could be enough to fill your savings account for the year.
The more experience you have with this, the easier it will be to spot something that could make a bit extra money when pitched to the right kind of people. It’s not the kind of make-money-fast scheme you might have been looking for, but starting a business should involve both hard work and a bit of frustration. Otherwise, it’s just too good to be true.