10 Online Business Ideas Without Investment

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Are you trying to come up with business ideas without investment?

The world has never seen the kind of progress that we have in this day and age compared to how things were before the development of computers, software applications, mobile phones, and the internet. I remember a time when seeing futuristic themed movies like “Star Trek” showing holographic images while talking to a person remotely or on a wireless phone, made me wish those things were available in reality but surrendered at the thought that those things could only exist in a world of fantasy.

In a similar way that I once wishfully thought of making a living or an online business without investing a large sum of money but I gave up the idea, thinking that I was not in touch with reality-Nowadays, I am seeing millennials who are starting to become their own boss and making a lot of money, giving way to the creation of buzzwords like technopreneurs, living a laptop lifestyle, and telecommuting.

Given the latest trends and technological advancements that we have at the present, establishing an online business without investment has become more than just a possibility. As a matter of fact, the amount of online business transactions and commerce has never experienced unprecedented and exponential growth until the existence of companies like Amazon and Alibaba.

So if you are looking to find a way to escape the rat race by quitting your 9-5 life or start a business on the side while keeping your job to have a steady source of income and save more for your retirement fund, here are the Top 10 online business ideas without Investment

Top 10 online business ideas without Investment

Online English Teaching

Woman smiling while sitting down in front of a laptop

Aside from teaching in schools and in different types of learning institutions, teachers, professors, and people who are experts at a certain field can earn more by teaching online and run it as an online business without investment. Teaching the English language, in particular, is becoming more and more popular in Non-English speaking countries. Given the fact that “English” is used as a standard form of communication in conducting business transactions due to globalization, being proficient in the 4 main points of communication is deemed as a competitive advantage. Here are some of the online platforms where people can make money by teaching online:

Aside from teaching English at the convenience of being at home, other online platforms for teaching other courses are:

Virtual Assistance

Man talking on the phone in front of computers.

In a competitive corporate environment, working in an office requires one to produce the required numbers depending on the set deliverables. This trend has created the for virtual assistants (mostly freelancers) and it has become one of the fastest growing industries offering the convenience of working at home, good potential to earn money, and without investment. Virtual assistant’s, are required to perform different administrative tasks including answering emails, making travel arrangements, updating calendars and schedule meetings to name a few. As a virtual assistant, you can run the business as a self-employed individual or you can set up an organization. Here are some of the skills/tasks that most virtual assistants are tasked to do:

  • Data entry services.
  • Bookkeeping services
  • Coordinating events
  • Graphic designing
  • Video Editing
  • Writing/Editing/Formatting reports
  • Website design
  • Content creation
  • SEO/editing/scheduling
  • Sales and Marketing

This list can go on not to mention the interrelated tasks in line with the ones that have already been mentioned.

Freelance Writing

Old typewriter with paper inserted.

As an online entrepreneur, one of the most important skills that you need to have is writing and it is one of those that you can run as an online business without investment. If you think about it, all kinds of organizations, institutions, and businesses in existence is a product of an idea that was conceptualized, written, and developed for people to learn, apply, and improve. Nearly all kinds of businesses require a proficient writer because of the professional environment that business requires in all related administrative and legal tasks. Although most freelance writing tasks require to write anything based on the client’s specifications, some of the common content writing tasks are:

  • Company culture & values
  • Business-related topics
  • Educational content
  • How-to’s
  • Insights
  • Industry news/events/research
  • Trending issues

NOTE: There is a wide range of topics for freelance writers and they are not limited to the aforementioned topics on the list.

Ghost Writing

Notebook, pen, mobile phone and plans on the table.

Ghostwriters, in essence, have the same skillset as a freelance writer. In a like manner, they also do the things that freelance writers do with one major difference-They don’t get credit to their name and usually, the credit is placed in the name of their client or the work is published without a signature. Most ghostwriters are employed and write articles since the client, employing their service does not have the same level of skill, talent, and/or inclination or they don’t have the time. Most ghostwriters write the following:

  • Articles
  • Books
  • Blog posts
  • eBooks
  • Newsletters
  • Email Marketing and Sales letters/campaigns

Graphic Design Service

Stack of graphic design and web design books.

If you are skilled in using photoshop and other photo or imaging software applications, working as a freelance graphic designer would be a perfect fit for you. Aside from having a desktop or a laptop with an installed imaging application, this business does not require investment and it is one of the lucrative freelancing job or business that you can do. A lot of industries employ the services of a graphic designer for different needs including the following:

  • Advertisements
  • Infographics
  • Public relations materials
  • Promotional campaigns on boards and billboards
  • Other promotional activities

Most graphic designers prefer using a Mac for the hardware and use commonly used applications like Adobe Photoshop, Core Draw, and Pagemaker. Should you consider running a business as a graphic designer, you can focus on offering the following services:

  • Advertising
  • Catalog design
  • Cover page making
  • Company newsletters
  • Designing Children’s Books/Packages/Restaurant Menu
  • Greeting Card(s) making
  • Marketing brochures, newsletters,
  • Printing press
  • Website design

Online Book Publishing/E-book Writing

Shelves with books and vintage lights hanging from the ceiling.

Publishing your own book has never been easy compared to the traditional process of publishing a book. Although a lot of people still prefer to read books on print, there is a growing number of enthusiasts who have adapted to the current trends and innovation in technology by reading books Ebooks on mobile phones, iPads, kindle, and other related electronic devices. This fact alone entails the potential to earn profits in having an eBook business with no investment and work at the convenience of being at home. Some of the things that you can write about are works of fiction, romantic novels, and picture stories for children. Here are some avenues where you can publish your work:

Once you have published your works on any of the online publishing platforms previously mentioned, you can promote your e-Book(s) by employing the following methods:

  • Promotion via website
  • Email marketing
  • Selling on eBay
  • Social media marketing

Web Designing

Person working on his laptop.

Designing a website is another trade that isn’t just a great idea for a business, but it is also one that requires no investment. Most businesses across different industries put up a website to set an online presence for marketing purposes. Having an online presence builds trust and credibility to create a customer base,  increase following, and establish loyal clients. Creating websites or web designing is perfect for people who have the following skills:

  • HTML programming/coding
  • Web graphic designing
  • Copywriting

Additional skills that complement the aforementioned skills in web designing are:

  • Interface design
  • User experience design
  • Web development and
  • Search Engine Optimization (SEO)

SEO Consulting

Man and woman tallking in front of laptop.

SEO (Search Engine Optimization) functions to increase direct traffic to your website and serves to improve your websites standing in a search engine’s results page (SERP) when you look things up on search engines like Google, Bing, or Yahoo. As an SEO consultant, your task is to provide and utilize SEO techniques in improving your client’s SERP ranking. Starting your own SEO consultancy business is lucrative and you can employ experts to carry SEO tasks and leverage on the expertise of your employees. Some examples of the services that you can offer as an SEO consultant are:

  • Keyword search analysis
  • Implementation guidelines
  • Document redesign strategies
  • Software recommendations
  • Improve the link building process
  • SEO audit and strategy development
  • SEO maintenance retainer

In case you are wondering about the things that you need and what you have to do in starting an SEO consulting business, you can check the:

Affiliate Marketing

Notebook with gridlines and text that says selling on Amazon.

The concept of revenue sharing where you get paid a commission for referring a business has been in existence since time immemorial and with the development of digital technology that paved a way for e-commerce businesses, Affiliate Marketing became its own industry. Aside from this being one of the easiest means of making money online without investment, this is an industry that is set to continue and grow for the next coming years. Being an affiliate marketer is perfect for people who like to use and recommend products via blog posts, social media, and video blogs.

Affiliate products that you can promote are:

  • Physical products
  • Information/Digital products &
  • Services

List of the most popular Affiliate Marketing platforms:

Should you consider starting an affiliate marketing business, here’s what you have to do:

  • Start a blog
  • Sign up for an Affiliate Program
  • Choose a product(s) in your Niche
  • Promote the product on your website, blogs, and social media

Talking about Affiliate Marketing as a business, you might also be interested know How to start an Amazon FBA business in Nevada.

Facebook Ads Consulting

Laptop showing Facebook Ads page with glass, pen and camera beside it.

Offering a service as a Facebook ads consultant is another type of online business without investment. Running a consultancy firm has always been a lucrative business as companies pay for the expertise and skills that consultants offer in addressing specific business needs or concerns. In a like manner, Facebook marketing consultants add value to a client’s business because of their expertise in maximizing Facebook ads that includes:

Similar to the idea of how SEO consultants work to increase traffic to a website and improve its ranking on SERP, Facebook ads consultant work to achieve the following:

  • Increase traffic on a website via Facebook
  • Increase attendance in an organized event
  • Generate new leads
  • Increased exposure of your content
  • Improve Facebook page engagement

To learn more about Facebook ads consulting, you may click on this link on How to Setup Up a Facebook Ads Campaign.

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