With the rate of unemployment that seem to be fast rising, there are a list of options you may consider starting as a main or side hustle with little or no capital required. All thanks to the internet and smartphones and devices, you can access lots of opportunities that were not available years ago. Here are a few of these options you can choose from to make extra cash
This is one business that has become very popular since the inception of social media and the internet generally. This is simply being the bridge between a manufacturer and consumer. All you need do is make contact with the source and discuss the price you would be given a product, add a percentage to it and sell to the consumer. Your job is to advertise the product and create an online shop where necessary. You can affiliate for as many brands and products as you can handle without capital. Once you advertise and a customer places an order and pays, you simply contact your supplier who sends the product(s) directly to them.
There is a chance for you to make some cash from being a fitness instructor, instructing people to have, six-packs, flat stomachs, and a toned body. Internet is a broad place you can learn so many things, go online and learn things about fitness training, but train your body first then you can offer the services to others. Some people want to keep their body fit either by going to the gym or disciplining themselves to train at home. For people who want home service, you can offer them home services and they may refer you to their friends as time goes on.
Multilingual people are always in demand, so if you can speak two or more languages, consider starting a small business where you can monetize those skills. You can start looking for clients on websites like Upwork and Flexjobs and slowly build your portfolio. Got only a few hours to spare each day? Translation is one of the best side business ideas to pursue. As you work successfully with more and more companies, you can hire more translators who specialize in other languages to take things off your plate. It’s also a good idea to market your business on social media websites as it can help you reach a wider audience.
Website flipping is among the new business ideas that have got everyone from work-at-home to recent graduates excited. It involves buying an already running website, improving its design and content, and then selling it for a profit. There are quite a few places where you can buy and sell websites to earn a profit. Shopify’s marketplace Exchange, for example, allows you to buy ecommerce websites that you can further improve via content marketing, SEO, and other tactics. Once your site begins to generate more revenue than when you acquired it, you can list it for sale on the marketplace.
If you have a knack for cooking and see it as a creative outlet, you can make a decent income by opening a home-based catering business. The initial investment depends much on how big you want the setup to be. For example, if you start with smaller events that you can manage on your own, you should be able to start your business for less. Most home-based caterers start by creating a website, experimenting with local food markets, or joining platforms that allow cooking experts to squeeze some profits out of their culinary skills.
One of the most successful business ideas is to offer virtual assistant services. Everyone from large enterprises to solopreneurs require help with the day-to-day management of their business. You can use your excellent organizational skills to take some weight off their shoulders. Of course, you’ll get paid for the time and effort you put into answering emails, scheduling meetings, and performing other administrative duties. You can land your first few clients by responding to listings on platforms like FreeUp, PeoplePerHour, or Virtual Assistant Jobs. This is a proven business model as people are always looking for efficient virtual assistants.
Almost every company with an internet presence needs help with creating content for product pages, blogs, etc. As such, starting a content writing or copywriting company could be one of the most profitable business ideas for you. Popular websites for finding those first few customers include Remote.co, Problogger Jobs, and BloggingPro. You can also join content writing groups on Facebook to get more exposure for your business. There are lots of ways you can make a good impression on clients, such as by offering keyword optimization or custom graphics as part of your services. People are willing to pay for solution to their problems, you might consider documenting different solutions based on your experience, research, education, etc. You can put it together in an ebook for a price too.
Are you good at writing emails? Have you cracked the code for crafting subject lines that people can’t help but click? If so, you can step into entrepreneurship and make money by launching an email marketing business. You can find companies that need help with their email strategy on platforms like People Per Hour and Upwork, as well as via cold outreach. Once you demonstrate that skill of enticing recipients, clients will rush to get your services and even agree to the price you quote them (major brownie points if you can help grow their email list). Startup costs include investing in email marketing tools, which will automate many of your tasks.
If you have the ability to capture great candid moments or recently did a portrait shoot of a relative, you can become a stock photographer by registering a sole proprietorship under your name. Companies like Shutterstock, Adobe Stock and the like are always on the search for enticing images. You can get started by listing a few of your existing photos on these platforms. Once you’ve submitted your photographs, wait for people to download them. Most stock photography websites pay you a royalty for every download on their platform. Another option is to launch your own photography website and sell images directly to people, which is only viable if you have the resources to invest in market
Do you know other options? Feel free to share