Starting a business with no money is synonymous with people that want to start a business but are not financially stable.
Starting any business with enough money gives you a lot of advantages and gives you a lot of options to pick from and also make the best choice
Although starting a business with money is most preferable, starting a business with no money is very much achievable.
Here are 22 businesses one can start with no money
1- Start A Thrift Store Online With No Money
A thrift store is a business one can effortlessly start with no money, you just need some items that are in good shape. A thrift store is a store that sells used goods usually at cheaper prices. One that runs a thrift store is called a thrifter.
The most popular items normally sold in thrift stores are clothing, but every other item from accessories to kitchen wares are also sold but not as popular as clothes.
To start a thrift store with no money, here are some basic things you would require
- A social media account to sell your thrift items effectively
- Used items in good shape like clothes, kitchen wares, accessories, books, e.t.c that are sellable
- A beautiful space or background drop you can take pictures of your items in.
2- Start A Blog With No Money
Starting a blog with no money is very possible and one can also make money from this means. To start a blog with no money, you would need to register on blogging platforms like blogger, WordPress.com, Wix and Squarespace.
They are free to use and are all hosted by their respective companies.
I wrote an entire guide about starting a blog, read it HERE
3- Start A Youtube Channel With No Money
With videos becoming even more trendy, starting a YouTube channel is a good business. Although a lot of people don’t see online businesses as serious business, someone like Ryan Kaji made $29.5 million from his YouTube channel alone and Mr Beast made away with $24 million all from YouTube in 2020. YouTube is a lucrative means and a lot of people have become millionaires all from the internet and online space.
To start a YouTube channel with no money, all you need is your
- Smartphone with camera
- A tripod stand for your smartphone
- Internet connection
- And lastly, a free version of a video editing app.
On YouTube, you mustn’t be a professional on any level to start, people go viral from saying the simplest things about themselves or even doing little challenges or DIY’s(do it yourself).
You can start making videos in any niche you like ranging from food, your city, making money, fashion, product reviews, restaurant reviews, how to use different software and gadgets, everyday lives e.t.c
After you have created an account as a YouTube creator, you would need to make videos, edit them, upload them on YouTube using the right keywords so that your target audience can find them easily.
On YouTube, you can make money by becoming an ads partner with YouTube, affiliate marketing, sponsored posts and sponsored adverts.
4- Become A Babysitter
Babysitting is a good business especially if you have a flair for kids and love to be around them. A babysitter helps people take care of their kids when they go to work or have other urgent needs to attend to.
Most babysitters are paid per hour and you do not require money to start being a babysitter
5- Become A Pet Walker
Pet walkers are people that take care of or walk other people’s pets either when the pet owners are out at work or are taking a vacation.
Pet sitting is a good start to make money because it doesn’t require any skill at all and pet sitters get paid per hour for taking care of people’s pets, from taking them on walks, taking them out to play and feeding them at different times, all these are done by pet sitters.
6- Become A Social Media Influencer
An average social media influencer in the United States with about 10k- 100k followers ends up with about $100-$1,000 per post they make about different brands or products.
Social media influence is quite a great way to start making money with $0, all you need is your social media accounts and you are ready to thrive.
7- Draw And Sell Arts And Crafts
If you are skilled with art and crafts, from drawing portraits of people, environment, recreating scenes and arts on different platforms, you can draw and sell portraits to different people and make money from it.
To start this business without money, you need to show off samples of what you have drawn already on social media and people willing to get portraits or art drawn by you contact you, pay and buy from you.
8- Become A Freelancer
Freelancers are people that provide short term services to their clients without proper employment contracts.
It is projected that in 2027, 86.5 million people will be freelancing in the United States and will make up 50.9 per cent of the total U.S. workforce.
A lot of people are already freelancers and so many more would venture into freelancing because it’s lucrative, gives you time for yourself and it’s certainly something you can start with no money. Most times, online freelancers need knowledge of that service and a working laptop and internet connection.
Freelancers can work pretty much from anywhere and at any time and that’s a given advantage.
Platforms like Fiverr, freelancer.com promote freelancers and it’s a marketplace for freelancers and people seeking freelancers to do services for them.
9- Start A Floral Garden
A floral garden is a garden where flowers are planted. When you plant flowers in your garden, you can either supply them to flower shops or run a flower shop yourself especially in countries where flowers are in high demand and the weather is great for flowers to thrive. Countries like the Netherlands, Italy, Spain, Kenya, have the highest flower production and also flower exportation so floral gardens will thrive in these countries.
10- Become An Affiliate Marketer
Affiliate marketing is a great way to make money with no money.
It is performance-based marketing where marketers make money for every lead or product purchased using their custom link.
In affiliate marketing, all you need is a platform to advertise your links(email list, website, social media) and register on different affiliate networks, choose the products you want to market, create your links and start marketing them.
11- Become A Digital Marketer
A digital marketer is responsible for using digital channels to create brand awareness and generate an online presence for any company or organisation. A digital marketer creates compelling ads, email outreach, regular emails, posts on digital channels e.t.c
Running digital marketing as a business would mean you have prior professional knowledge about digital marketing on different digital platforms. You can start with sending cold email outreach to organisations of the brand about this service you offer with your portfolio and also even offer free or trial options and if their engagements, open rates and leads increase, then you can do digital marketing for them permanently and get paid.
12- Teach Languages Online And Offline
Language tutors make so much money as long as they can speak, teach and impart knowledge concerning the particular language they know. To take up language tutoring as a business, you would first need to have a professional knowledge of a particular language or the different languages you would want to teach and also some certifications and then you can start networking and marketing yourself in different organisations you are in, from your church, mosque, gym or health club, discussion groups e.t.c if someone might need your services or know someone who needs your service.
13- Write And Publish Your Book Online
With online platforms like amazon kindle, it is very easy to write your book and publish it on the Amazon website. Amazon isn’t the only place to publish books and sell though, you can write e-books, upload some excerpts as an advert on your social media handles and people buy your e-books.
14- Become A Photographer
A photographer takes pictures of different moments and different places or things. There are so many types of photographers ranging from product photographers, wedding/event photographers, down to photographers that take pictures of nature.
To start making money as a photographer, you would first need a camera and a good picture editing app to edit your pictures to perfection.
To make money from the pictures, you can start a small photography studio or sell those pictures on a platform like ahutter stock and make money when people purchase your picture.
15- Create And Sell E-courses
The same way we register for all types of courses offline, a rather digital way has been provided to make courses easy and accessible in the digital space.
E-courses are those courses we can register and gain access to online. Platforms like Thinkable, Thinkific, Kajabi are platforms one can register on and sell online courses to different people.
There, the same way you can give homework, classwork or questions physically, all these are made possible in the e-course software.
16- Rent Out Your House To Tourists
Renting your house out to tourists as a homestay during vacation is a good way to make money from no money.
All you need to have is a spare room in your house that is comfortable and prepare your home to accommodate an extra person.
To begin to rent your home out to tourists, you can either start with Airbnb or you can run yours independently and advertise using social media platforms to create awareness for your business.
17- Rent Out Your Car To Car-hailing Companies
Almost nobody wants to keep standing under the sun and hailing a taxi, a lot of taxi users use the different car-hailing apps to hail taxis when they are going to different locations.
To be able to start this business, all you need is a car that is comfortable and accepted by the car-hailing company and then you reach an agreement with them on how you will be paid and how much you would be paid. A lot of times, there is already a stimulated percentage in the terms and conditions, make sure to go over it carefully.
18- Become A Fitness Instructor
If you have prior training as a fitness instructor, you can decide to train different people personally or even together on how to be fit.
You can start with running free programs in places like a park and start accepting money when plenty of people begin to come.
19- Become A Weight Loss Coach
Everyone wants to be healthy and lose weight healthily without cutting out entirely all of their favourite dishes.
You can create meal timelines for people that want to lose weight and sell them on different social media platforms or do one-on-one coaching with people trying to lose weight and get paid for it.
In January 2021, I paid for a weight loss meal plan and when I checked, over 1,000 more people had already paid for it that month alone and it cost just $10.99.
The moment you pay, you get access to the meal plan and it’s customized. Imagine the weight loss coach scheduled that meal plan in 2020 and up till then, it was still making money passively for her and it didn’t even require much to do it.
20- Start A Laundry Service
A laundry service is one of the most popular services rendered. It requires proper washing, ironing and proper conditioning of clothing. Since it’s a business that can be started with no money, one can start offering laundry services from home.
First, you can talk to people in your immediate environment about your business and then you can go digital about it by registering on social media platforms.
21- Start A Car Wash Service With No Money
With 284.5 million registered cars in the United States in 2019 alone, running a car wash service is a thriving business. A large number from the 284million + would need to wash their cars at least once in four days and this is where you come in with your business to make money. You can either do home service by going to wash cars in different homes or apartment complexes or you can get a little space for your customers to park their cars and where you can have access to water and other necessary items to wash cars.
To advertise this business, you would need to first start with your friends that are car owners and then also, you can ask them to spread the word. Also with all the free digital platforms like social media, you can always create social media accounts to showcase your work and get more clients.
22- Become A Tour Guide
A tour guide gives tourists a detailed explanation about a place or places they are curious about or places they are in and gets paid in return.
Say I move from one country to another for vacation, most times hiring a tour guide is always the best option to show you the best places in a particular location.
To start a business as a tour guide, you can either station yourself in front of popular tourist attractions and give people tours and get paid per hour for each tour or create a social media account and join travel groups in case someone is coming to your location. Also, you can register with different tourist attractions in case someone wants a tour guide recommended by them.
With these 22 easy steps to make money written above, one thing is reading the article and another is putting it to good use.
If you have plans to be financially free, this is the sign and it’s time to take the huge steps and become financially free.