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Starting a business earlier was a lot harder, and one needs to step out of the house to make money. But due to technological advancement, the same can be done from the comfort of the home.
This has not only opened doors for business seekers but also college students, housewives, & disabled persons who can now work online.
Though you can find many ideas online, most of them require money to get started. If you are looking for some online business ideas without any investment? I have listed 10 of them here.
Make sure to check them out.
10 Online Business Ideas Without Investment
1. Freelance Writing
If writing is your hobby or you know how to put words into action, Freelance writing is a great online business that requires no investment.
All you have to do is approach online businesses or individual bloggers & offer them your writing service. You can either email them on their website email address or contact them on social media.
Another way to get more jobs is by applying to the Freelance marketplace like Upwork, Freelancer, Guru, etc. Make sure you create an attractive profile listing all your achievements and projects. to get the eyeballs
Lastly, you offer articles to websites that are willing to pay for new content. For this, you can make $10-$150 per post. Check out some websites accepting articles for cash.
2. Editing & Proofreading
Editing and Proofreading is another online business idea without investment. It involves editing & fixing all the errors in the text documents so that it sounds clean and professional.
Many individuals don’t have a proper understanding of English writing, and they hire Editors and Proofreaders for this job.
Before you start offering your service, make sure you have a good understanding of English like, how to use grammar correctly, how to write sentences, paragraphs, etc.
During the editing phase, you have to check whether the sentences are flowing naturally, making words and sentences clearer & precise.
During proofreading, you are going to check all the grammatical, spelling, punctuation, and typo errors, so the document sounds error-free.
Overall, Editing and Proofreading is a great online business idea where you don’t have to pay any money from your pocket.
- A Roadmap to Becoming a Freelance Proofreader
- Is Proofread Anywhere course legit or a scam?
- Top 15 companies offering proofreading jobs online
3. Sell Online Books
The online book business is excellent for writers who want to make some passive income. If you can invest some time in writing a book, whether it is a novel, story, or teaching a skill, you’d make extra money every month.
Now, you might be thinking that publishing a book requires investment? Well, not with Amazon Kindle.
Amazon’s Kindle is a platform where anyone can publish books and reach millions of readers with a few days. Uploading here takes only 5 minutes, and within 24-48 hrs, your book will be live on the platform.
For each sale, you can earn up to 70% royalty, and if you have multiple books selling here, you will see more profit.
4. Graphic Designing Services
There is a big requirement for graphic designing services in the digital marketing industry. Whether it is for logo, banner, flyer, social media graphics, or poster, there is always a requirement of a graphic designer.
If you already love playing around Adobe Photoshop/Illustrator or Affinity Designer, you can think of starting this business.
However, make sure you have a great understanding of designing like which color, shape, font combination makes design presentable.
You can either offer your services through Social media, YouTube channels, or use the Freelance marketplace to find clients.
5. Instagram Marketing
Many business hire marketing experts for growing their Instagram account. This includes account monitoring, content creation, audience growth, and reporting.
If you know the secrets to grow an account & have a pretty good following on Instagram? Instagram marketing can be a pretty solid business for you.
I have a friend who did the same business and earned over $10,500 in a year. He already has a big Instagram page of over 135k followers that got him a lot of offers for the same job.
6. Create PowerPoint Presentations
Many people know how to create a PowerPoint presentation, but they lack creativity.
Surely, they can create a simple one, but when it comes to professionalism, individuals need to hire someone who knows how to get the job done.
If you possess creative skills for PowerPoint that can turn the tables? Starting a business on the same is the best choice.
If you check out the Upwork service page, many Freelancers are charging from $10 up to $90/hr. That’s a pretty good earning, considering there is no money involved.
7. Language Translation Services
Many people need a translator who can translate languages for them they are not familiar with.
Like, many countries don’t understand English, which makes it difficult for them to understand English written documents. In such a scenario, offering them your translation service is a great way to make extra money.
You can find such jobs on Freelancing sites like Guru, Freelancer, Upwork, where customers advertise their requirements. So, approaching them is the best way to start this business.
Besides Translation, you can also offer teaching services, helping those individuals who want to learn a new language.
8. Document Transcription Service
Do you have a great listening skill that can even understand words in a noisy environment? If yes, you will definitely make a better Transcriptionist.
Basically, you have to transcribe audio scripts of job interviews, podcast interviews, video (movie) transcription, etc.
The job involves listening to audio scripts/videos and typing out the exact words in a text pad. While typing, the person should follow a specific style guide which your customer recommends.
For each successful job completion, you can earn on an hourly basis. On Upwork, many Transcriptionists are charging anywhere from $12-$75/hour.
- 13 Places where you can find Transcription jobs in 2020
- A Roadmap to Becoming a Freelance Transcriptionist
9. CV/Resume Writing
CV/Resume is the first thing that grabs the attention of the Interviewer. Think about it, what if the resume is poorly written? It will definitely leave a poor impression.
Many job seekers do not know how to write a proper CV that looks professional. If you know the tricks of the trade behind a well-written resume, you can offer your services to them.
Those with little experience can charge as low as $20 or less. However, depending on the client, people having better knowledge and experience in CV writing can charge $700 or even more.
10. Start a YouTube Channel
How can we forget YouTube, which is the most popular one on this list?
If you want to teach a skill to others or want to show your daily life as a vlog? YouTube channel is the best means where you don’t need any investment. All you need is a Gmail account to create your channel.
Initially, you need to put on several video contents until you reach 1k subscribers and 4k hrs of watch time within the past 12 months. But once you hit the requirement, you are eligible to monetize your channel with ads.
Many channels are making thousands of dollars per month from YouTube itself. Some even became a millionaire like PewDiePie.
Overall, having a YouTube channel is a great business where not only can you make an ad income, but you can also sell merchandise and products.
Now, that you are aware of different options, you can now comfortably start your own business without any investment.
So, now let me know what you think about these ideas? You can drop your comment down below.