These top business ideas you can start with no money provide a risk-free opportunity for anyone to start a small business and to make money from.
Furthermore, you won’t be risking your life savings or a large sum of money to try out any of these top business ideas you can start with no money as they’re risk-free.
You just need a good idea and the willingness to work hard and persevere when the going gets tough.
Having some startup capital is helpful, but it’s not a pre-requisite for launching one of these top business ideas you can start with no money.
Whilst statistics show that almost 70% of new businesses fail due to poor cash flow, that’s no reason to stop a determined and savvy entrepreneur.
If you’re determined, reasonably competent and willing to persevere, there’s nothing to prevent you from pursuing your passion and converting these ideas into a viable money-earning business.
Table of Contents
10 Top Business Ideas You Can Start With No Money, Let’s Go…
1. Blogging
Not only is blogging one of the top business ideas you can start with no money, but it’s also one of the most lucrative ways to start quickly and easily without any upfront investment whatsoever.
You can easily earn money from blogging as a blog is one of the best ways to express yourself and connect with your audience.
It’s also a great opportunity to turn your interest and passion into a business.
There are many to ways to monetize your blog, for instance;
- Create an eCommerce shop
- Sell your own products
- Write sponsored posts
- Join affiliate programs
- Do paid surveys
- Write for other websites (content writing)
If you have any special skill or expertise, then you can monetize your knowledge by creating a blog and writing on your expertise.
You can write on any topic that interests you.
The topics that are currently trending include the following;
- Self-improvement
- Entrepreneurship
- Marketing
- Lifestyle
- Blogging (of course)
- Technology
- Travel
- Health and Fitness
Knowing that these topics, or niches, are always in demand will start you off on the right path as you can be certain that there’s a strong demand for them.
This means that you can write about these on your blog and monetize your posts in the form of advertising or affiliate offers.
This will generate multiple income streams in the form of advertising revenue (Google Adsense) and affiliate commissions.
How To Set Up Your Own Money Making Blog Step-By-Step – 100% Free
2. Dropshipping
Dropshipping is an online business model where you don’t keep products in stock. Instead, you purchase products from third-party suppliers and sell them to customers.
When a customer places an order, you purchase the goods from a third party and have them shipped directly to the customer.
You can earn money from drop shipping in the following two ways.
- You can become a wholesaler and sell products directly to retailers, or…
- You can serve as a middleman between retailers and wholesalers
3. Freelance Writing
If you have writing skills, then you can earn money as a freelance writer.
There are a lot of companies that hire freelance writers to create blogs, newsletters, white papers, e-books, and other content.
You can also write for marketplaces like Upwork, Fiverr and PeoplePerHour to earn extra cash.
You can create content for various industries like healthcare, technology, education, lifestyle, finance, travel, real estate and many more.
There are many ways to monetize your writing skills, of which these are some examples.
- You can create your own blog, write for other blogs
- Write and create e-books
- Write for magazines and newspapers
- Create your own course which you can promote and sell on social media.
4. Virtual Assistance
If you are a skilled, knowledgeable person with experience in any industry, then you can become a virtual assistant.
You can provide administrative and support services remotely to clients on a part-time or full-time basis.
You can create your own virtual assisting business by;
- Building your own website and branding yourself
- Promoting your services on LinkedIn
- Joining a virtual assisting platform like Zirtual, Ripple HR, TimeEco, and Workpop
- Working remotely on freelance websites like Upwork, Fiverr, PeoplePerHour and Gigster
5. Online Course or eBook
If you have knowledge in any niche or area and want to monetize it, then you can create an online course and sell it on websites like Teachable, Skillshare, Udemy, or CreativeLive.
You can also create an e-book and sell it on online marketplaces like Amazon Kindle, Barnes & Noble, and Google Play.
You can also promote and sell your online course and eBook on your own website.
There are many website building and hosting platforms like Wix, WordPress, and Squarespace where you can create your own website and start selling your online course, e-book, and other digital products.
6. Web Development and Designing
If you have experience in web development and designing, then you can start your own freelancing business.
There are a lot of companies looking for website development and design services.
You can also create a website and offer your services and products to clients.
You can create a website, or blog for free, and offer the following types of services and products.
- Website Development and Design
- Mobile App Development
- Logo Design
- Website Maintenance
- SEO and SEM
- Online Marketing
7. Youtube Channel
If you have any skill or expertise, then you can start a channel on YouTube and monetize your videos.
You can create any type of content on your channel like educational, lifestyle, travel, tutorial, or any other niche.
You can also create content on trending topics like
- Music
- Gaming
- Food
You can also create cooking videos and upload them on recipe sites like Food52, Epicurious, and AllRecipes.
You can make money from your YouTube channel in various ways, like these for example.
- You can create advertisements on your videos
- Promote your own products and services
- Sell merchandise
- Join affiliate marketing programs.
8. Travel Business
If you travel a lot and want to make it your business, then you can create a travel business.
You can start your travel business in many ways like the following
- Become a travel agent
- Start your own travel agency
- Become a tour guide
- Provide travel concierge services.
It would be so easy to promote your travel services by creating a travel blog and monetizing it.
Furthermore, there are a lot of travel websites hiring travel bloggers.
9. Food Business
If you love cooking and have a special recipe, then you can turn it into a business.
You can start your food business in many ways like these, for example;
- Open a food truck
- Open your own restaurant
- Sell foods online (via food delivery services)
- Create and sell your own food products
Furthermore, creating a food blog is sure to get stacks of hungry visitors who could be keen to buy cookbooks and anything else you want to promote online.
10. Web Hosting Business
Unlike being a web developer, or web designer, starting your own web hosting business does not require any experience or technical know-how.
You can literally start this business from home with a laptop and an internet connection.
The beauty of it is that your parent hosting company does all the heavy lifting while you just need to structure the web hosting packages and prices you want to offer people.
For instance, you could offer, Bronze, Silver, Gold or Platinum with each package offering a bit more in terms of features and space.
It’s an easy business to set up which you can start by reading this 5-Step Guide To Setting Up Your Own Reseller Web Hosting Business here.
Conclusion: 10 Top Business Ideas You Can Start With No Money
As you can see, there’s a wide range of top business ideas you can start with no money.
Not only do they all provide a great way to earn money while pursuing a passion, but it’s also a great way to become your own boss, achieve financial freedom and set your own schedule.
Furthermore, there are many viable ways to monetize your business from creating your own product to offering a service, or just earning ad revenue from your blog.
There are different industries that you can apply this to, and you can even break it down further into sub-categories.
Whatever niche you choose from these top business ideas you can start with no money, make sure it’s one that you’re interested in and that you’re truly passionate about.
All that’s left for you to do to start earning some decent money is to take action, if you don’t, you shouldn’t expect any change in your financial status.
However, if you take action by choosing one of these top business ideas you can start with no money, you give yourself every chance of making a significant improvement in your life.