Top 5 Profitable Businesses to Start With Almost Zero Investment

Top 5 Profitable Businesses to Start With Almost Zero Investment

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Tired of working for a company?
Do you want to start something new?
Don’t have heavy investments?
Do you want to earn some extra income?
Are you thinking about profitable businesses to start with almost zero investment?

The hunt for funding has been a tough task for ages. Many people just abandon their desires and wish to build, create, and innovate in such difficult struggles, they don’t even realize that a good profitable business idea can eventually lead to great success and create a secured place in the market.

Initiating a business is like a mountain climbing task, involves various risks, ups, and downs. But when we talk about the amount of work that needs to be carried down, the money involved, most importantly the risk involved, we tend to take a step backward and hesitate to start something new. These all factors are directly dependent on the business ideas you chase. Starting any business begins by seeking your needs, the type of work you want to do, and most importantly your skills. If you have skills, you can convert a small company into a huge Multi-National Company.

How to Initiate a Business?

There are many ways to initiate a business, they focus more on getting started, rather than focusing on just the logistics, and upfront costs. The low investment or zero investment ideas make a great initiation point for all beginners or anyone with a busy schedule. Hence they can pick up some profitable businesses with zero investment.

But is this sufficient to have a normal idea?

Of course not, you need to come up with some innovative idea, converting it into a brand, putting effort into its marketing as well. In such scenarios, you can skip a lot of start-up costs like warehousing, retail space, and the initial inventory.

Usually, a good idea has no monetary value just loads of potential. Not even the biggest entrepreneurs like Bill Gates, Mark Zuckerberg started from the top of the ladder. Even Facebook was created out of Harvard dorm at a very small to no cost and Microsoft was formed by dropping College. This discussion of providing such motivational entrepreneurial stories is to leave an example and encourage people to walk on the path of starting something new. And if such things are planned well, you can invest the lowest price reaping the highest possible returns.

Profitable Businesses to Start With Almost Zero Investment

Let’s discuss some of the most profitable businesses to start with almost zero investment:

1. Start as a Consultant

You don’t need an MBA to start up as a Consultant. But one thing which you necessarily need is to have good subject knowledge. You need to be a subject area expertise so that you can market yourself as an advisor in that particular area. You just need to cross-check the thing you are good at and use the skills you already have.

How Can I Start?

If this question is bothering you! You need a particular niche to become a successful consultant. By focusing on one particular area, you can stand out from everyone else. You can establish yourself as an expert.

Cost of the Start-Up

You don’t have any major upfront costs. You just need a laptop and an internet connection.

Pay Scale

The average pay is nearly $30 per hour with the range of $29,000 to $118,000per year.

Also Read: 6 Biggest Mistakes That Most Business Owners Make as a First-Time Startup Founder

2. Start as a Freelance Writer

Want to start something with zero investment? You can start your career with Freelance Writing. If you have a laptop, there are no major overheads, you can polish your skills by writing every day. You just need a laptop as well as a stable Wi-Fi connection. If you have a stream of clients, you can work around sitting at any place in the world. Thinking of having that long-willed trip to the Maldives but stuck with work? You should not worry, just plan your vacation and carry your laptop along.

How Can I Start?

It’s very simple, you have to decide on your niche. You need to be specific, whether you want to write about Digital Marketing, or fashion, or beauty while sipping a cup of coffee. Are you an expert when it comes to writing long Sales Pages for any business coaches. If we talk about the present-day scenario, websites require Freelance Writers on any topics these days. You just need to be aware of what exactly you want to write and create your portfolio site and pitch your services to the ideal clients. Or you can create your account on Problogger, or Freelance.com, etc.

Cost of the Start-Up

All you need to start your work with is Computer or laptop, and an internet connection. You can even create your website with Wix Website builder.

Pay Scale

Freelance writers can earn up to $20 per blog to $400 and more. Famous writers can pitch up to $5000+ per month from this business itself.

3. Start As Virtual Assistance

Almost all businesses can gain from Virtual Assistance, making it a potentially good business at home. Every individual needs external help with small tasks like bloggers, life coaches, copywriters, etc. As a Virtual Assistance, you can help people to manage their email account, schedules, media posts, and other responsibility.

How Can I Start?

You need a specialty to advertise your skills. Once you start building up your client roster, you just need to check your marketing campaigns and creatives.

Cost of the Start-Up

The cost is dependent on your niche, however, you must have a laptop as well as an internet connection.

Pay Scale

The pay varies from person to person according to the experience. In general, it ranges from $15 per hour to $75 per hour for some authentic work.

4. Start as a Freelance Graphic Designer

Are you bored of working on Graphic design Projects?

You can explore the freelance markets. This is a very competitive industry, you can even draw a full month’s salary.

How Can I Start?

If you don’t have the required skills, you need to acquire them through online or offline courses. Once you are qualified you can start taking the projects.

Cost of the Start-Up

Your course along with the certifications are desired. So if you have the skills, there is very minimal to no investment required.

Pay Scale

In the U.S. a graphic designer, with a little experience can earn up to $45,000 and $55,000.

Read this also: Importance of Having A Website for A Start-up Business

5. Audio/Video Editing

A lot of people, especially bloggers, influencers, and brands need help in creating a video, they don’t need to have sufficient time to edit such things. So if you know to edit, you are demanding and trending definitely.

How Can I Start?

You can create a portfolio, pitch the services to various brands and keep an eye on the job portals for some work.

Cost of the Start-Up

All you need is a subscription to edit such software, a laptop, and access to the internet.

Pay Scale

The average earnings of an image to video editor is around $26 per hour.

WRAPPING UP

Once you are aware of your skills, you can keep upgrading yourself, and master the art of Self-marketing. You can find yourself earning a good amount of money. Whatever your area of interest may be, you can gain a lot of experience as well as helps you earn that extra dollar.

The business ideas we have discussed in this article are worth putting your time and effort into. You can also take help from a professional Business consultant company that will help you to set up your dream business. Hope this article will help you in knowing some top profitable businesses that you can immediately start with almost zero investment and with minimum risk too.

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