Have you ever wondered what it would be like to run your own business be your
own boss and have unlimited earning potential many people dream of this type
of lifestyle yet succumb to the challenges that come with being a
business owner they struggle with the unreliable paycheck the risk of lawsuits
but there is one factor that acts as the ultimate gatekeeper for people
considering starting their own business the cost many people believe that in
order to start your own business you need thousands or hundreds of thousands
of dollars and while this may have been true in past decades it certainly isn't
today and in this video I will share with you 7 business ideas you can start
with no money and if you're new to the channel then hit the subscribe button
below for more a life changing content business number 1
freelance writing freelance writers are people who can create written content
independently they do not belong to or work for any magazine newspaper TV
station radio station or any other organization just themselves these
freelancers do not write for just one client they can write for as many
clients as they can handle each piece of writing exclusively belongs to the
client that hired them for the particular project this is a great
business you can start with no money as I said earlier all you need is your
smartphone a computer and chances are you already owned both of these things
here's how you start first you have to be a good writer if you're not then you
can brush up on your writing skills by watching YouTube tutorials and reading
articles that will show you the tricks of the trade because without the skill
no one will hire you to write for them secondly you have to put together some
writing samples the reason you should do this is because when potential clients
reach out to you with a writing gig they will want to see samples of your
previous work just so they can see for themselves how well you write and
determine if you'll be able to do their jobs properly now that you have a couple
of samples in hand you must begin to market your services the truth is it
will be hard to be hired if no one knows you exist luckily there are several
platforms to which you can showcase your skills and samples these platforms
include upwork Fiverr freelancer comm and LinkedIn
there are thousands maybe millions of individuals and business owners who are
on these platforms looking for freelance writers to hire all you have to do is
create an account on each of these platform
and setup your profile your profile should clearly state your abilities and
writing experience you can also use your other social media platforms to sell
yourself you can join writing communities on Facebook Instagram and
Twitter there are also potential clients swimming in those waters as for your
working tools you can install a good office software on your laptop so you
can type and save your documents if you don't have a laptop it is still not a
problem you can install the Microsoft Office app on your phone and type away
the best part is the money you can make freelance writers can make as much as
$5,000 writing a single 10,000 word ebook you can also make as much as 500
to a thousand dollars writing a single sales letter it's a great business and
when I highly recommend if you are a skilled writer business number 2 ebook
author similar to freelance writer and ebook author is also in the rating
business in this case they aren't looking for clients to write for they
are looking for readers to buy their books so many authors have made fortunes
for themselves writing and selling ebooks and you can do the great thing
about being an e-book business is that you don't have to be on the
Shakespearean level to be successful your ebook could be about anything
ranging from your personal experience to fiction it could also be about giving
helpful tips and niches that you're really good at like fitness health
fashion designing music production and agriculture accounting etc the first
thing you need to do is develop an awesome idea for your book this idea
needs to be very entertaining or very informative if it is in your book could
get positive reviews from first-time readers who will eventually recommend it
to others secondly you must write the book and publish it on as many ebook
stores as you can the most popular being Amazon Kindle these online bookstores
will not charge you a dime to have your book published on their platforms
however they will take a commission from every unit sold you can fill your sales
efforts by leveraging your social media each similar to if you are trying to get
leads for an online course or service you are selling when it comes to
earnings ebooks usually sell for between $2.99 and $9.99 which isn't a lot as a
single instance but when you can multiply these sales exponentially you
will be making more money than you could ever imagine and once again all you need
to start this business are your ideas and the smartphone you are
business number three affiliate marketing
this is one of the best businesses you can start without money for those who
don't know affiliate marketing is the process of selling someone else's goods
or services and earning a commission for each sale or click it's a very simple
and straightforward business and anyone can start it it is also very effective
as 81% of brands at 84% of publishers leverage the power of affiliate
marketing there is also a ten point zero one percent increase in affiliate
marketing spending every year in the USA and that figure is expected to keep
rising now that I've got your attention here's how it works
the affiliate marketer promotes a person's or business's products then
gets a commission when they make a sale or when their promotions lead to a click
or subscription the sales are usually tracked via affiliate links from one
website to another and as promised you don't need any money to get started in
this business all you need is your time your smartphone and a willingness to
vigorously market other people's products and services with affiliate
marketing you can make money even when you're asleep as long as all the
marketing work has already been done another advantage of affiliate marketing
is that you don't have to deal with the customers when they have complaints
about a product or service that is love for the owners of the service or goods
to deal with you can earn money and still be at peace customer satisfaction
is not your concern your job is simply to link buyers to sellers business
number four social-media influencer a social-media influencer is a person who
has a large or loyal following on social media platforms and is able to convert
followership into patronage their ability to influence or followers
purchasing decisions is based on their authority they have in specific areas
knowledge in a particular niche and general relationship they have with them
in the modern-day social media influencers are paid a lot of money to
promote or market goods and services all because they can convince people on
social media to buy a product or use a service as of January 2019 it was
estimated that about 3.4 billion people use social media that's about 45 percent
of the world's population what does this statistic tell you it means social media
is a pool filled with potential customers
and many brands and businesses understand this for this reason being a
social-media influencer has becoming very rewarding full-time job if you have
a social media account with a decent following or you're an expert in a
particular field and you consistently post content relating to that field then
you can tap into this business to influencers can be grouped by the
following the number of followers they have the consistency with which they
post a particular type of content and their actual influencer you do not need
any money to start this business all you need are your social media accounts your
followers and of course the brands that will pay you to promote their products
or services on your pages you may be wondering how you'd get brands to
contact you for paid posts and the answer is that you shouldn't wait for
them to contact you you should contact them you can start off by reaching up to
two or three brands and offer to talk about their products on your pages for
free with the hopes of doing business with them in the future if you help
these brands convert followership to sales they will definitely reach out to
you again but this time not for free for paid promotions instead also your free
posts for these brands will attract other brands your way they will be of
the belief that if X Y Z and ABC brands can trust you with their products then
they can to business number five podcasting over the years podcasting has
grown into big business some podcasts are an hour long while some are just 10
minutes but the link isn't the only thing that matters it's a value you
offer your listeners that counts offering value to your listeners means
growing a fanbase and brands and businesses are on the lookout for
podcasts that have large or loyal followings so how do you start a podcast
well the first thing you need to do is carve out a niche for yourself so you
won't be a jack-of-all-trades secondly you need to record a few episodes or at
least a month's worth of content lastly you need to seek sponsorship or
advertisers for your podcasts this won't be easy but if you manage to secure one
advertiser or sponsor then it'll be smooth sailing from there you can also
use your podcast to advertise and sell your digital products or other people's
products this is a great way to use your podcaster and some money even before a
sponsor comes along if you're wondering what expensive equipment you need to
start a money-making podcast then you'll be happy to know that you can start to
record podcast episodes with just your smartphone and
can buy more equipment as you see fit business number six a YouTube channel
similar to a podcaster you can make youtube videos using your phone which
makes this another business you can start with no money the key to making
money on YouTube is to consistently post interesting videos and begin to grow a
loyal following to start I recommend you pick a niche like how I've chosen the
finance and money management niche and Center your YouTube videos around it as
a youtuber you can earn from sponsors advertisers and by selling your digital
products or someone else's digital or physical products through your videos
it's a business that I obviously can stand by and trust me if I can do it so
can you business number seven voice-over
producer a lot of people don't know this but the voice-over business is one that
has proven to be very lucrative think about all the cartoons you have ever
watched or all the advertisements you have ever heard on the radio there are
voices behind each and every one of them if you've got a voice you know how to
use and you can be part of this industry as well the good news is you do not need
any money to get into this business just like freelance writers you can create
profiles and platforms like upwork Fiverr LinkedIn and freelancer comm and
get to work on these platforms exists not just individuals but big brands as
well who may want your services so why not convert your vocal ability to cash
all you need to do is record a few samples so potential clients can see
whether your voice will satisfy their needs and this can easily be done using
your smartphone then you can start working with clients and make a great
income as some voice-over artist can make up to $100 in just an hour of work
and there you have it seven business ideas you can start with no money that
will be sure to have your income increasing in no time thanks for
watching if you want to go from the life you have to the life you deserve then
hit the subscribe button now