Looking for a handy business idea to be showered with money but haven’t got one yet? Oh! Poor you, why are you lagging behind? Come on and hurry up to start one because ,in this digitalized world, people are receiving the benefits of running online business with minimum manpower and maintenance cost and thereby reaping maximum benefit.
There may be lot of business ideas to make money online but some may make you invest a decent amount of money at the start and some other may require you special skill and expertise in the related filed. So here I am presenting first some of the ideas that may cost little money at the beginning. Some of these require little efficiency too.
Table of Contents
Rent your equipment
Equipment rental business is one of the most popular business ideas nowadays. The idea is simple–if you have one or two valuable or expensive equipment sitting idle at home, you can rent them out and make money but if you have a good number of equipment to give in rent, you can make a huge amount of money. Who wouldn’t want to avoid the cost and risk of buying new equipment for a one or short time use if he can avail that in rent easily?
All you have to do is reaching as many people as possible with your rental sale proposal. If you can perform extraordinary marketing of your product using social media and other online platforms like FriendwithA, you can make your company a giant because there is a fast growing demand of equipment rental everywhere.
Sell your homemade brand
I believe some people definitely have some talent to make extra-ordinary things at home. You can produce or collect such extra-ordinary things for commercial purpose and sell online. Things like of arts, crafts, fashion, handmade foods etc have a growing demand to people. If you can ensure better quality and use social media and online marketplaces well, you can even grow your business to be a giant.
Sell photos and videos
If you have passion for photography and videos in real life, you can make money by selling them. There are many online platforms like’ Shutterstock’ and ‘fotolia’ who offer enticing incentives as a passive income for the ones who can add unique and special collection of images and videos to the stock of the website.
Affiliate marketing
If you don’t have your own product, you can still earn a commission by selling other’s products. You will just have to promote their business by placing their advertisements on your blog or YouTube channel. You can also use some affiliate networks like Amazon, eBay, ‘Sharesale’ or ‘ClickBank’ that offer a plenty of products to promote. If anyone buys a product seeing your advertisement, the company will put a commission of the sale for you.
Become a virtual consultant
You can consult people and organizations online if you have expertise in one or two fields and thus sell your expertise to make money. You can earn money by selling your consultancy if you are a good consultant of technology, business, social media, taxation, etc. You just have to know the ways to reach more people and sell more by maximizing the use of technology and online communication.
Become a virtual assistant
If you have a computer or a Smartphone with a good internet connection, you have the compliance to work as a virtual assistant. There are many offices and people who want to reduce cost of carrying out their day to day business and thereby avoid contracting an in-house employee as an assistant. They simply hire online assistants to get the jobs done with much ease. A virtual assistant has to do the same jobs as a traditional office assistant does.
Become a blogger
If you are a good observer of your surrounding and have a good sense of writing, you have a wide range of contents and context to write.
Starting a blog on your favorite hobby like cooking, crafting and fashion designing etc gives you a chance to share your passion to the world and make money at the same time.Once you have made your blog popular, you have scopes to sell products, advertisement space and sponsored posts.
Open a YouTube channel
Earning from a YouTube channel has the same procedure as earning from a blog.
All you have to do is to influx more subscribers to your channel and captivate them with your quality contents.
Some other Ideas
All of the above are some of the simplest and low investing business ideas where a sense of good concentration is needed much more than money. But you have scope to invest a little more you can also choose from some of the exclusive ideas I suggest below:
- Start drop shipping business
- Launce an E-commerce business
- Flip websites and domains for profit
- Invest on peer to peer loans
- Start a web development business
- Start app development business
- Sell SaaS-based software
- Sell ebooks
- Sell your merchandise on Amazon
- Develop WordPress themes
- Start podcasting business.
- Start reselling web hosting
- Start graphic designing business
- Build advertising network
- Start research and sell information selling
- Start a local SEO company
- Start joint-venture brokering
- Start recruiting and online headhunting
I never know which one is suitable for you but I believe you liked one or two ideas from here.
If you give a whole hearted effort to grow your business, you definitely have a chance to discover yourself amidst financial prosperity.
Thanks for reading!
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Hi Erik,
Good to be here again.
So glad to read yet another wonderful and Informative piece from you.
In this time of Pandemic, anyone can start an online business. Starting a blog or for that matter investing money in website is no doubt a good one to start off if one have a bit of knowledge in writing. Many of the other business ideas mentioned in it can easily start from there.
Having a website is indeed a good thing to start the other virtual businesses.
Great number of business ideas brought out in this post. Renting out things is also a great idea.
Thanks for sharing this.
Keep informed.
Best
Phil
Thanks for the ideas. Needed in theses times of COVID-19. I`m sure a lot of guys will try your valuable advice! Keep posting!
Excellent blogs, its worth sharing after so many people lost their jobs and staying home to safe others as well.
Hi Erik, do you recommend the affiliate networks over being a direct affiliate? You got my curiosity up this morning here. Thanks for the tips as we all need ways to increase our revenues online today.
Hi Erik, do you recommend the affiliate networks over being a direct affiliate? Hope so hear from you ASAP. I really like your blog please keep sharin the details.
Thanks for listing the low investment business ideas for making passive income. They certainly needs a lot of attention rather than money. I am saying this because I am also trying my hands on affiliate marketing nowadays.
In this environment, having a “side gig” is key for a lot of people are surviving. And with the concerns of Covid, making money from home is even more vital.
Thanks for sharing this article!
Hey Erik, Thanks for sharing this amazing list of online business Ideas.
I’ve been doing Affiliate marketing and blogging from last 5 years and I can tell you with so much confidence that these two are one of the best online businesses idea ever.
Moreover now I’m going to try my hands on online product creation. Let’s see how it goes.
Eitherway, again thanks for sharing this amazing piece of content.
Cheers
Thanks for the ideas. Needed in theses times of COVID-19. I`m sure a lot of guys will try your valuable advice! Keep posting!
Thank you for the informative blog. crack softwares
sir, I want to start youtube channel and blogging in same nich but I cann’t decided whose nich good for me.
So glad to read yet another wonderful and Informative piece from you.
In this time of Pandemic, anyone can start an online business. Starting a blog or for that matter investing money in website is no doubt a good one to start off if one have a bit of knowledge in writing. Many of the other business ideas mentioned in it can easily start from there.
Having a website is indeed a good thing to start the other virtual businesses.
great post , Thanks for the ideas. Needed in theses times of COVID-19. I`m sure a lot of guys will try your valuable advice! Keep posting!
Hey guis here are my top 3 ways for make money online. I hope this helps!
1 – Use social networks – earn money online with Instagram, Snapchat, Facebook …
2 – Text work – Earn money online by writing texts
3 – Online web design – make money online with creativity
when the quarantine began, many companies decided to successfully pivot a saas business. I can say that this is a good solution to automate your business. And it’s a great opportunity for saas developers.
I am doing affiliate marketing since 2017 and it changes my life by the way great article
My brother doing affiliate marketing from past few years and it’s really working, now affiliate marketing is his major source of income. Thanks for sharing all these ways to earn side income, nice blog.
Hello Erik,
I am delighted to have read another excellent and informative piece from you. During this pandemic, starting an online business has become accessible to everyone. Starting a blog or investing money in a website can be an excellent way to begin, especially if one has some writing knowledge.
A website is undoubtedly a good start for other virtual businesses, and this post presents many business ideas. Thank you for sharing this valuable information.