Running an online business is a dream for many people who wish to be their own boss. However, a great number of people who want to run an online business don’t have the required knowledge to get started, or they think the process will be so costly that they could not manage.
Today, we would like to share two business ideas with very low cost startup investment required. These ideas can be started for under $100 which is perfect for students, retirees, stay-at-home parents, or anyone looking to put there eggs in multiple baskets. However, please keep in mind that you will need to invest your time and hard work, even though the financial cost is low.
The first money making idea is to start a blog website, which can be set up for under $30. It’s the least expensive way to start an online business. You can even use Google Blogger at the very basic stage if you don’t want to spend even a single dollar on your new business. You don’t even need to set up a domain name or hosting plan if you use Google Blogger.
You would then set up Google AdSense for making money.
Google Blogger is really very easy to use and anyone can manage it, but there are limitations on type of content allowed and the style templates are quite basic. If you prefer to have more options available for your blog, we would recommend purchasing your own domain and hosting account. Either way, these are easy processes that anyone can manage!
The leading blogging platform used is WordPress, which we highly recommend. It is easy to use and there are hundreds, if not thousands, of templates that can be used to design your blog. Some are free and some need to be purchased. There are also lots of videos online about how to set up WordPress website and you don’t need any coding experience, anyone with patience and a good work ethic can do it!
The most important tip for starting a blog is just get started! You can have any topic for your blog . You can write about things that you know well or have special talent doing, like cooking recipes or makeup tricks. As long as your topic is interesting and useful to other people, you will be able to get traffic. The more traffic you have, the more you will get paid.
The second idea is to open your own YouTube channel. This is a completely free process and you can run ads on your videos to get paid. You will need a video recorder for this but most smart phones and tablets these days have a video recorder built in that can do the job sufficiently.
Like with a blog, you can create any kind of videos on any topic you wish. Try to show something that would be interesting to other people; review products, do how-to videos, the options are endless!
Both of these ideas take very little money, but will take a lot of hard work to be successful. If you have patience and determination, and every day put a few minutes towards your project you can achieve your goals. This can take some time, but please don’t get disappointed, just keep working at it!
