In this guide, I will introduce 6 part-time business ideas with low investment which you can try to make passive income.
A few years ago, making money online was a dream for many when the internet wasn’t a big thing as it is right now.
With the rise of the Internet, people can now make money from the comfort of their home and some of them have even quit their full-time job to concentrate on their online business.
Whether you hate the 9-5 job or want to have a life where you can spend most of your time with your loved ones, then starting an online business will always be the best option.
If I talk about myself, I quit my job some 2 years ago because I knew that I couldn’t become successful in doing a job which never attracted me.
That’s why I started blogging because it gives me a lot of freedom and, I am making more money than my day job.
Well, it’s a different story, but you understood what am I trying to say.
In today’s scenario, if you want to become rich, then having an online business will be a great starting point.
But I remind you it isn’t easy and it won’t make you rich overnight.
In fact, none of the business will make you rich within a few days apart from winning a lottery which purely depends on your luck.
So all the business ideas I’ve mentioned here will require hard work which will surely pay-off in the long run.
These part-time business ideas can really help you make at least $1000/month.
So, if you are really interested to learn more, then these business ideas are among the best.
6 PART-TIME BUSINESS IDEAS WITH LOW INVESTMENT
Here is the list of profitable business ideas you can start with little to no investment.
All of them are genuine and has already helped many people to make a great side income. Not to mention, some of them are even doing it full-time. So, it all depends on you.
To help you further, check out all the video courses I have linked in this article that will surely help you a lot to learn more.
1. CREATE AN ONLINE STORE
Starting an online store is one of the best part-time business ideas with low investment.
You can sell your own creative products, affiliate products, digital products by just opening an online store.
There are many people who are making more than $10,000/month just by doing this. No doubt, they worked hard for it to get to that level.
But the thing is, having an online store that gets sales is a great example of making money in your sleep.
You can read this post where I discuss “How to start an Online store with Shopify“.
It’s a step-by-step guide on how to create your own online store using Shopify.
I also like a Skillshare video course that talks about “How to build a highly converting Shopify store in just 2 hours“.
You can take this course for free by signing up from here which gives you 2-months free trial plan.
2. AFFILIATE MARKETING
Affiliate marketing is one of the most popular ways to make money online.
If I talk about business ideas with no investment, then Affiliate Marketing will be always on top.
In simple words, you get paid for selling someone else product.
For this, you receive a tracking link which is basically a product link. If someone clicks it and buy that product, you‘ll receive a commission.
Sounds easy right?
There are many people, including me, who are making lots of money just by doing this.
I am doing affiliate marketing from my blog. Others are doing it from their YouTube channel.
In my case, you need to invest a little money to start a blog. However, doing it from a YouTube channel requires no initial cost.
Pat Flynn from smartpassiveincome.com makes more than $100,000 per month just by doing this.
Now, this example is just to show you the power of Affiliate Marketing. We all know that we won‘t make this much until someone is extremely lucky.
But I can assure you that you can make at least $1000/month if you are ready to put effort on it.
You can read this guide where I have cleared explained how to begin Affiliate marketing as a beginner.
Additionally, here are 3 more video courses that will definitely help you a lot.
- Affiliate Marketing For Beginners (WordPress) – Full Tutorial
- Online Business: The Basic Strategy For A Successful Affiliate Marketing Site
- Affiliate Marketing for Beginners
3. SELL ON AMAZON
Because of the growing internet, online shopping has become a lifestyle for most of the people around the world.
In just a few clicks, people can literally order their favorite product which gets delivered to their home within a few days.
Now, because of the popularity of online shopping, it has become a great business for traders to sell their products online to a wide range of audiences.
Amazon is the biggest online shopping website which gives a free platform to all those traders who want to sell their products.
If you want to do a part-time business with low investment, then selling on Amazon is one of the best options.
You can buy a lot of products from retailers at a discount price and then sell them through Amazon with a 20%-40% profit margin.
You can also import products from China at a cheaper price and then sell the same on Amazon to make a much better profit.
This is a basic structure of how you can use Amazon to make money online. Now there might be many questions on your mind like
- Which products to choose?
- How to launch them?
- How to sell them?
If you are serious to start this business, then it’s one of the best small investment business from home you can go for.
To know more, you must definitely check out the below video course which is an in-depth guide on Launching your products on Amazon.
It’s a 5-hour class which will explain all the things related to this business. Don’t forget to sign-up for Skillshare to access it.
4. SELL E-BOOKS OR VIDEO COURSES
Do you want a stream of income that keeps on paying you every month, even if you work a little?
If yes, then selling your own courses is one of the best options.
But before you even think about this profitable business idea, you need to make sure you always offer courses on a topic that has a demand.
For example, if you are targeting bloggers, then a course on “Making money from a blog” or “Growing traffic” will be a better choice.
Do you know why?
Because both of them are evergreen.
That’s right, for every blogger out there, these two courses will be always on demand.
If it is always on demand, then this means, it will make sales for you forever.
So, always create evergreen courses that never fades away.
Now, you can either sell them in the form of e-books or videos.
If you are going with the e-book option, you can either promote it through your website or you can sell them using Amazon.
However, you need to pay Amazon a small commission for every sale you make. That’s the only downfall it has.
But, if you are promoting it through your website, then you can keep all the profit yourself.
Now, if you choose the video course option, then you can upload them on Skillshare or Udemy.
If you ask me, I will prefer both.
With Skillshare, you get paid around $0.05 -$0.10 for every minute a premium student watches your video.
This means if 1000 students are just watching your video for only 10 minutes a month, then you can easily make $500-$1000.
Also, you can upload more videos over time to increase your income. So, it’s really a profitable business option.
You can read this guide on 3 ways to make $1000 on Skillshare.
5. START BLOGGING
How can I forget blogging which is a great part-time/full-time business idea with low investment.
Blogging has changed many lives including mine to live an independent life away from the office.
If you have always dreamt to work from home so you can spend more time with your family & friends, then blogging is definitely for you.
You will need to spend a few bucks to start a blog but you can easily recover it within a few months by blog monetization which includes:
- Affiliate marketing
- Sell your own course
- Make money by running ads
- Make money from sponsorship & much more.
You can check out my blogging guide which will teach you all the steps to start your own blog. Along with this here are few more post related to blogging.
6. START A YOUTUBE CHANNEL
Last but not least, how can we forget YouTube?
Out of all the businesses I have discussed here, YouTube is probably the most popular right now & easy to start.
It gives you a free platform to show your talent to the world. Not only talent, but you can also use this medium to help people around the world.
To get started with YouTube, you should at least learn some basic video editing using any software.
You can either go with Vegas Pro, Adobe After Effects or Wondershare Filmora software.
Another thing, you should know which niche & audience to target before creating your channel.
For example, if you are good at making videos related to the Entertainment category, then go for it because videos related to it get a lot of views.
Likewise, if you are a musician or you can play any instruments, then you can showcase your talent on YouTube.
In short, you can create any video you want, to make money from YouTube.
If you are lucky enough, your videos can go viral to bring you lots of subscribers and views.
Here are a few articles that will surely help you
- A step-by-step guide to starting your own YouTube channel
- How to make money from your YouTube channel
So, these are some part-time business ideas with low investment.
As I mentioned earlier, it isn’t a quick rich scheme and you need to work hard to see the result.
But, I can guarantee you that if you get success in doing any of the business, then it can definitely replace your day job to have a more independent life.
So, if you really going to try any of these businesses, then don’t forget to share and pin this article.
If you have any further questions, then please drop your comments in the comment section.