in

21+ Profitable Business Ideas You Can Start With No Money

Profitable Business Ideas You Can Start With No Money

Profitable Business Ideas You Can Start With No Money

Introduction.

Do you want to start making money both offline and online without spending a dime in startup capital? This is the article that has been created to help you in decision making.

Just to shed more light on why you should be seeking alternative means of income to your present career.

The internet is fast evolving and it is ushering a new evolution on the work ethics of mankind.

To be honest with you, the machines are taking over, or let me say “Winter is coming”, Your degree in accounting is not going to save you anymore, neither your driving skills, machines are now being built to automate work which is going to sack so many professionals from duty.

The only jobs that will remain are jobs powered by creativity, no machine will ever be built to be as creative as mankind, even machine learning and robotics will just be in existence to automate simple tasks and save capitalists tons of money spent in hiring personnel.

Career work is not going to be wiped off as speculated, but it going to become more informal than it used to be.

Not everyone is going to be a creator, this is why I wrote this comprehensive guide on this blog to help you with the best career opportunity that may not become replaced by machines, you can click the link below to get started.

A word is enough for the wise, you don’t want to be caught up when it happens, this article has been created to help you transition.

What Is The Creator Economy?

The creators economy has defined a kind of businesses built by over 200 million independent content creators, and community builders including social media influencers, bloggers, and videographers, including the software and finance tools designed to assist them with growth and monetization.

The creators economy is what we are being ushered into, funny enough the opportunity in this new economy does not require that you own a degree or speciality whatsoever, You don’t even need to know anyone in government to get started, nor does it requires that you come from the wealthy family background.

All you need is to have the courage to be able to bring out the creativity in you. We have seen so many poor and ill-lucked young people build an empire in the creator economy, anyone can do it, you just have to be determined enough to start.

The Creator market, and hundreds of new startups, brings the total Creator market to size over $104.2 billion and is increasing daily. This might hit over $3 Trillion by the end of the decade.

Profitable Business Ideas You Can Start With No Money.

A popular saying goes thus, “it takes money to make money.” This may be true, but it’s not a golden standard.

There are plenty of ways you can launch and grow a successful startup business without spending a penny, after all the creators economy is starting to emerge

In this section, I am going to be making a comprehensive list of those businesses.

1. Blogging.

Over the last decade, blogging has matured from having more personal into a business.

Starting a blog requires your knowledge to be put to use, the only time when you get to spend little or no money is when you need to purchase a web host and a domain.

While so many people opt-in for a paid web hosting and domain, you can start blogging for free on some available hosted services such as Google Blogger, Wix and WordPress.

While this can be a bit dangerous, many people have started their blog on a free blog platform, scaled it up, monetized it, and move to a paid platform. While it might work for them, I do not recommend it for any serious bloggers, who want to build a profit-generating blog.

You can get a domain and a web host for less than $15 on Namecheap.

Starting a blog is no child’s business, you ought to have a reliable chunk of knowledge to be able to scale through to monetization.

I wrote a comprehensive guide on how to get started with blogging, check out the link below to get started.

2. Start a YouTube Channel.

YouTube is one of the most popular websites on the Internet, with a huge audience than that of television throughout all history.

It started with very humble beginnings in the mid-2000s and was used to share videos, but over the years it has grown to become the most primary source of information, globally hosting the largest amount of videos than any media platform.

One of the benefits of starting a YouTube channel is that you get to connect with your audience, share experiences and in all get to monetize what you do which brings in a good amount of money.

YouTubes give the ability to watch videos again and rewind the video up to the point where your audience understands the message. You also get to build confidence in yourself, and your audience up to the point where you start generating sales opportunities.

Starting a YouTube channel right cost you no dime, all you need is creativity and a well-known niche to get started with.

I wrote a comprehensive guide on how to get you started as a YouTuber, follow the link below to get started.

3. Become a Twitter Influencer.

A Twitter Influencer is a social media influencer who has built a huge following and engagement on Twitter.

I decided to restrict this to Twitter because, various social media platforms work differently, and not everyone is going to do well on all platforms.

The kind of platform you decide to work with depends on what kind of content that you post.

To become a noted Influencer on Twitter, your content must be tailored to a certain niche.
In addition, your post must be impactful enough to be further retweeted by their followers and their followers, too, until your tweet goes viral.

I wrote a comprehensive guide on how to get started with Twitter as a business, click the link below to get started.

4. Become a LinkedIn Influencer.

Just as I defined who a Twitter influencer is in the previous section, a LinkedIn influencer does the same thing as any other social media influencer, the only difference is that a useful audience has been built on LinkedIn.

Everyone has a different perception of LinkedIn as a social network, most people think that it’s all about professionals, yes, things has quite changed and is still changing.

Over the years LinkedIn and continued to evolve in such a way that it now accommodates creatives on its platform.

One reason I recommend people use LinkedIn is the fact that its algorithm does not pose so much blockage as seen on other social media platforms.

It’s easy to build an organized, targeted and amplified audience on LinkedIn than on every other platform.

However, if you are a professional seeking to get enough recognition to get hired. LinkedIn is a platform that allows you to kill two birds with one shot.

I wrote a comprehensive guide on how to get started on LinkedIn, click the link to the article below to get started.

5. Become an Instagram Influencer.

An Instagram influencer has built a huge and engaging following on Instagram by posting valuable content for all to see.

Instagram became mainstream media after it was purchased by Facebook, at the start of the decade, ever since then, it has hosted over 2 Billion people on its platform with more still being added, every minute.

Everyone has an Instagram account, it has become the default platform to host photos just after beating Pinterest to it.

To gain a huge following on Instagram you have to share engaging contents that tailor to the need of your audience in such a way that it attracts enough likes and shares, that way it gets recommended by the algorithm to more people on the platform.

Over the years, Instagram has continued to adjust its algorithm that is becoming way too hard to get visible, one way to get past this is to combine your content with both photos and videos, sharing passionate messages.

I wrote a comprehensive guide on how to get started on Instagram as an influencer and a business, click the link below to get started.

6. Affiliate Marketing.

Affiliate marketing is one business that can give you financial independence, you don’t need startup capital to start an affiliate marketing business.

All you are ever going to need is an audience, a smartphone, Laptop, and internet connections, most people already have this.

Affiliate marketing helps you build a relationship with both known and unknown audiences.

To get started with affiliate marketing, you need to find the right affiliate programs, set up a webpage, figure out how to get traffic and how to sell that service.

Like I always say to my audience, “everyone is a salesman, but most don’t know about this reality”.

I wrote a comprehensive guide on how to get started with affiliate marketing, I also recommend you read it.

7. Start Freelancing.

Freelancers are individuals hired by other companies or individuals on a short-term basis work to use their skills, but they do not have the same level of commitment or receive equal pay to any particular company, though they also get paid.

Freelancing gives you freedom from working under certain conditions that do not suit you.

It provides a lot of flexibility and control to the individual. You get to choose your hours, who you work with and what kind of work you intend to do.

Freelancing can also be called entrepreneurship, which means freelancer has total control of their earning potential.

They are not locked to a salary and have the power to earn as much as they possibly can.

However, you do not need startup capital to kickstart a career as a freelance, all you need is well-sharpened skills in a well-targeted industry.

I wrote a comprehensive guide on how to get started as a freelancer without any hassle.

8. Become a Web Designer.

To become a successful web designer you need to become familiar with the best tools used in building websites.

If you have a basic understanding of the most common tools used today, you have a higher chance of succeeding as a professional web designer.

However, the web design world is broad, and not all these tools may be necessary. Still, they’re worth learning a bit about to have a more well-rounded design education.

Anyone can become a web designer at no cost, all that is required is your commitment to perfection.

There are resources on YouTube to help build you to perfection, all you need do is add the “Beginners” keyword when searching for videos to make use of as a starter.

Technologies like HTML, CSS and Javascript plays a key role in making you a complete web designer.

You also get to become independent and work as a freelancer when you acquire the necessary skills needed as a web designer.

I wrote a comprehensive guide on how to get you started in the web design industry, click the link below to get started.

9. Learn how to do search engine optimization.

SEO is a skill that every web entrepreneur needs to have under their respective tool belt to complete their online marketing skillset.h

Learning SEO will enable you to understand how and where you appear online.

The more you control your online presence, the more direct impact it’s going to have on your business.]

To master SEO, you need to understand how search engines like Google, Yahoo and Bing work, that way you can build better web pages that can be fully optimized and rank well.

Good SEO will get you more traffic and sales. SEO works majorly with all business models, including affiliate marketing, influence marketing and many others leading to more leads and sales.

Blogging is one way to fully utilize search engine optimization. SEO is free to learn, there are tons of online resources available to help with mastering the art of search engine optimization.

You should also follow the link below to check out the article on this blog on SEO.

10. Become a Digital Marketing Expert.

A Digital Marketer uses various tools to reach customers, build brand awareness, and promote products and services, these tools include Social Media, Search engine optimization, blogging, paid advertising and email marketing.

Digital marketing is one skill I recommend every online business owner should learn if you want to build a 21st-century business.

The internet has become a huge marketplace for the world, selling on the internet has become a major priority for every global business and this has created a new industry for Digital Marketers globally.

You can learn digital marketing for free and begin a career as a freelancer, all it takes is some trial and error up until a certain level of perfection is attained.

I wrote a comprehensive article on how to get started in digital marketing as a career opportunity, click the link below to get started.

11. Build Your career In Web Development.

Web development has to do with the logical and unseen parts of the web like databases, coding scripts, terminal, HTML, CSS and Javascript if you want to be a full-stack web developer.

Web development is an industry that won’t die out anytime soon and is going to be around for a longer period because it is a major pilot of the next-generation economy.

If you can develop this skill, you won’t have a hard time getting a job or developing a self-sustaining business.

The good news is that becoming a web developer is way easier than it was in the past, you can get started on YouTube or better still subscribe to a free website online.

12. Become a WordPress Developer.

A WordPress developer is a professional that specializes in the development and ecosystem of the WordPress platform.

The major focus of a WordPress web designer is to build websites and plugins with WordPress

WordPress is the most popular website design tool on the internet, currently hosting more than 70% of the websites online.

Becoming a WordPress developer is easy and it requires little to no technical skills involved, though you need to have a creative and technical background or understanding of the matter.

Anyone can learn WordPress for free, and with constant practice, you will get better at it. Most clients who need a business website usually Opt-in for WordPress because it is quick and readily available.

13. Learn Graphics Design.

Graphic Designers are pictorial storytellers. They communicate information and engage audiences through the combination of images, words, and graphics.

Graphic Designers use design elements, such as shapes, colours, lines, and textures, to produce captivating illustrations.

Graphic design is an important part of the marketing and advertising efforts of a brand or company.

Graphics designers are some of the most sought after professionals on the internet as of now. Various businesses need graphics designers to help pass their messages in a visually appealing manner.

Becoming a graphics designer only requires that you have the right software and be able to pay attention to details.

14. Learn Video Editing.

Video editing is an artistic and technical skill that requires adding special effects, structuring and more to videos.

It is also called the art of telling stories with the use of Videos.  The video industry is booming, with more people demanding professional help to create quality video content in the advertising industry and many others.

Video editing might be time-consuming but remains liable when it comes to profit generation.

Videos are highly monetizable, you can make money as a video editor on YouTube, Instagram and many more platforms.

Follow the link below to learn how to get started on YouTube as a creator or video editor.

15. Start your Podcast.

Do you want to inspire people with your voice? You can start your podcasts for free and reach out to millions of listeners all around the world.

Like blogs and social media, podcasts are becoming the norm when it comes to the way people share their thoughts with the world, with the episodic audio series continuing to gain traction with listeners seeking both entertainment value and educational dialogue.

One good thing about starting your podcast is that you get to feature on any platform such as Spotify, Google Podcasts and many more which increases your reach. A podcast can be grown to a huge listening audience and be monetized at no cost to you.

All that is required to start your podcast is interest in an inspiring topic that an audience would love to listen to, a smartphone, Laptop, Mic and ready-made cloud hosting podcast platforms such as Podbean and many others.

I wrote a comprehensive guide on this blog on how to become a profitable podcaster, click the link below to get started.

16. Mine Cryptocurrencies.

Cryptocurrency Mining is the process in which cryptocurrency transactions are verified, added to the public digital ledger, and rewards are given back to the miners in form of cryptocurrencies.

One thing I like about the world of cryptocurrencies is the fact that sometimes it takes no money to even make money.

Anyone can become a cryptocurrency miner for free, their reward for solving these equations is a small share of the cryptocurrency that’s linked with the blockchain that they’re a part of. All you need to get started with cryptocurrencies is a computer and an active internet connection.

I wrote a comprehensive guide to get you started with cryptocurrencies.

17. Understand NFT’s and start creating one.

NFT is a great way to start making a profit within cryptocurrencies without investing so much of your liquid cash.

A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger called the blockchain. Unlike other fungible tokens like Eth and many others, NFT’s cannot be interchanged.

NFTs are usually associated with reproducible digital files such as photos, videos, and audio making them tradeable on the digital ledger.

Over the past few years, NFT has seen the rice of new cryptocurrency millionaires than the art industry itself.

The NFT industry works together with creativity, hence the huge inflow of artistic people of all kinds.

I wrote a comprehensive guide on how to get started with NFT’s as a beginner, click the link below to get started.

18. Copywriting.

Copywriting is the art of convincing prospective customers to buy your product or services using print media such as Emails, single-page websites, social media, and many others.

As a copywriter, you need great spelling and grammar skills to be able to deliver excellence in your work.

If you deliver work to your clients that contains mistakes and errors, they are unlikely to return for more. Freelance copywriters also need a good grasp of time.

Establishing yourself as a freelance copywriter takes time with dozens of portfolios to show for it.

Over time, you will start to build a writing portfolio, the more work you get, the more your reputation will grow which translates to profitability.

Anyone can become a freelancer, it takes no money to do so, you can learn right from the comfort of your home.

19. Become a Ui/UX designer.

Web development is now mainstream with dozens of new projects launching yearly.

It has now become evident that these web projects need someone to design how they are supposed to look before they are released to the end-user.

To become a UX Designer, you will need to learn and develop several technical skills crucial to the role.

You will also need to have a solid foundation of soft skills, including web design and a bit of graphic design because shapes, lines and colours are significantly used in UI/UIX design.

You can learn how to design nice UI/UX for free without on YouTube and with a huge number of resources online.

20. Offer Online consultations.

Starting an online consultations business is becoming attractive. It’s quick and requires little resources, so many people are doing it as a side hustle or a full-time job.

Many people need help in one area or the other in their lives and constantly seek out experts to help them do so.

These areas include; dating, health, real estate, marketing, legal and many others.

You don’t need an office space to start consulting, once you can prove that you know your guns so well, and you can get yourself out there using various digital media such as social media, Youtube, Blogging, and clients will come looking for you.

Building a clientele will not happen overnight, but will start to come alive as soon as your audience sees value in the content you provide.

Most people even grow an audience and become social media influencers.

21. Develop Mobile apps.

In 2021, we have started seeing a huge shift from huge desktop devices to tiny devices known as smartphones.

The mobile application industry is vast and is only expected to grow in the coming years. Research suggests that the total value of the mobile app industry will increase to $188.9 billion in 2021.

There are over 10 Billion mobiles app being hosted now on app stores such as IOS and Android globally with more being added to the list.

The first step towards becoming a mobile app developer is to understand the market share of each operating system, you will find plenty, such as Android, iOS and Windows for now.

You should consider which one you want to specialize in, or better still learn how to code both, there are libraries like React Native, Xamarin or Flutter that allows your code for both android and IOS in one codebase.

Mobile apps that are built designed this way are known as cross-platform apps, meaning that they can work across various mobile operating systems.

Becoming a mobile app developer is not difficult, you can learn it for free on YouTube, or better still pay for a course on Udemy.

There are various ways to make money as a mobile app developer, of course, you can offer it as a freelance skill or better still build something that the majority would love to use.

22. Create and sell E-Book.

The internet has revolutionised the printing press into softcopies that can only be read by people with smart devices such as computers and smartphones, this led to the birth of what we now call eBooks.

Everyone has areas of knowledge that can help you create eBooks. There are people out there who adore your knowledge and want to learn more.

One way to reach out to them is by putting out your knowledge in an eBook that can be distributed.

To begin with, you need to create your eBook on a topic that would help your target audience. That way you have a ready-market waiting just before you begin to create. This is where research is paramount.

You also should keep in mind that prospective buyers will judge your eBook by its cover. Make sure to create an eye captivating book cover that suggests professionalism and gives customers a sense that work has gone into the product.

To the very last, correctly formatting your digital product is vital for selling eBooks online. For Amazon Kindle, the file format is MOBI. For other readers, the universal eBook format is ePub.

Finally, you have crafted that amazing eBook and it’s time to tell the world about your new eBook. You have to have a mind-grabbing marketing strategy to attract buyers from all over the world.

I wrote a comprehensive guide on how to create your eBook and make money, click the link below to get started.

23. Create and sell your course.

We live in a knowledge-driven economy worldwide, tertiary education is no longer enough to drive the growth of the global economy anymore.

To become a global attraction, you need to learn and un-learn as quick as possible, and this is only possible with the use of e-learning.

E-learning has aided skills transfer in most third-world countries with weak educational infrastructure.

To boost your morale as to how viable this market is, do you know that The e-learning market is expected to be worth $325 billion by 2025 and Digital education had more than $46 billion in sales in 2018.

I wrote a comprehensive guide on how to get started with creating your online course, click the link below to get started.

Conclusion.

Starting a business with no money seems like an impossible task right, but it is possible, some people have followed this path and excelled in it.

Many things have been made possible with the internet, anyone can start a business on Facebook, Twitter or even own a website for free.

Like I always say, we live in an information powered society that allows anyone to convert intangible (knowledge) to become tangible (cash). Anyone can be successful, all it takes is the willpower to do so.

What do you think?

Written by Udemezue John

Udemezue John is a web developer, digital marketing expert, and a Serial Entrepreneur.

He Started his digital marketing career at a Health and Wellness network marketing company where he learnt to create paid Facebook ads and Google ads.

He brings a unique, uncensored approach to his travelling experience and writing.

He is also a seasoned investor, a finance education expert currently exploring the stock market and Cryptocurrencies.

His work is published in major publications on Medium.com, and many others.
Udemezue John started my journey as a digital nomad in the year 2013 after completing his high school, to seek financial freedom, and also to help small and large scale businesses seek the financial freedom they need.

Life is to be enjoyed. You can connect with me on twitter Twitter.com/_udemezue

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Loading…

0
What is Solana and How Do You Invest In It

What Is Solana and How Do You Invest In It?

How To Set up a Business In The US as a Non-Resident

How To Set up a Business In The US as a Non-Resident