note that reads "start my own business?" with yes checked

Magnate from Home: Start a Business from Home with No Capital

It’s been said so many times that to make money, you need to spend money. There are instances that it’s not entirely true, and one of those is when you’re starting a business from home. It’s one of the many money-making enterprises that you can enter without even investing first.

Consider this: someone calls you for a bulk order of rags, and you start packing it. You then ship it out, the buyer confirms your package, and you receive payment for it. You can spend almost nothing on your raw supplies if you know a supplier, and this is one of the many reasons you can save on a home business—because of connections.

If you’ve got the desire and the drive, then there’s no reason why you can’t start selling from home and get to building your own empire. Here are a few ideas to help you on your way to establishing your home business.

Sell on eBay and Amazon

The great thing about selling your products on online markets like eBay and Amazon is that you typically don’t have to pay for anything to get started with your business. For instance, you can start selling just by selling off products you don’t need anymore. These are usually items that now end up as ‘clutter’ in your home.

As with any business, selling on platforms like eBay and Amazon is a matter of knowing what would sell to people. If you have some name-brand clothes or items that will sell like hotcakes. The money you get can be used to buy similar products which are just as good.

Blogging as a product

Blogging has become a multi-faceted thing from the early ‘I’ll tell you about my day or life’ articles. Today’s most successful bloggers often sell their blogs as products while getting some money in return through ads placed on their blogs. When they started making money, that’s how they managed to get domains.

Earning from your blogging site is called ‘affiliate income.’ You earn based on the number of ads feeds on your website. You can also use email newsletters to disseminate money, or you can create eBooks and courses to help other people. These can all be started for free and with very little monetary investment on your part.

Fill-in a need — Service-based

With so many skilled people entering the workforce, it’s a surprise that there is a supposed skill shortage in so many work niches. You can ease this by teaching people, but do you do it for free? Of course not. You can completely find a way to get paid for teaching them if you like.

If you’re good at home repairs or you’ve got some skill in music, you can design courses and get paid for teaching people those. DIY is big right now, and if you’ve got some woodworking skills, you can also market that for almost no cash out from your part. It’s a win-win if you’re going to go online with these.

holding a treat in front of a dog

Baby-sitter of sorts—take care of pets

There are many pet owners whose fur babies are treated more like family members—hence the name. No price is too high for them when it comes to their four-legged furry friends, so they’ll most usually bring it to top-notch services. If you can prove that you’re a quality groomer and pet-sitter, then all their money goes to you.

Many ideas are already in the market, but you can choose whether you want to be a pet-sitter. You can alternatively sell organic pet food, tools for grooming them, or accessories.

Virtual assistant for virtual companies

If you’re the career type of online business owner, you can choose to market your skills instead and work as an independent or contracted employee to different companies. Workers like you are called virtual assistants and what you do is assist companies in various business needs.

The usual requirement for being a virtual assistant is the same as an office worker applying for a job. A noticeable difference is that you work at home in a typical freelance setup. You’ll need a laptop and a strong connection to the internet, with smartphones being an optional device to have.

There you have it, the top businesses you can start from home without having an investment. If you find yourself laid off during the pandemic, these are some income opportunities that are open for you. Consider these tips if you’re still in the market right now, looking for a source of income.

Share this on
Facebook
Google+
Twitter
LinkedIn
Scroll to Top