How to Make Money with No Money? Think Online Business…
So how you make money with no money? Is it possible?
Starting a brick and mortar business requires a lot of cash.
Renting a place, hiring workers, buying products… all take it’s toll on your bank account.
Either that, or you will have to borrow cash to pay for all the expenses that unavoidably come with starting a traditional business.
This is both risky and stressful.
So that leads us to the question…
How to Make Money with No Money:
How does one start a successful business without being neck deep in debt?
There are many ways you can make money without having to empty your wallets.
The best way to do this?
Use the internet:
Yep, the internet has leveled the playing field.
In this digital age, every John and Jane Doe has a chance of becoming successful and starting their own business online.
It’s easier than ever.
Becoming an entrepreneur and creating a startup on the internet can certainly earn you a lucrative residual income.
The best part of it all is that you only need a computer and connection to the internet.
Below is a list of the best types of online businesses that will cost you nothing, or next to nothing to start up.
Affiliate Marketing Works Great:
With affiliate marketing you only have to refer potential clients to a product.
When a sale is made, you receive a commission.
Even Amazon, the eCommerce titan everyone knows about, has a great affiliate program anyone can get in on.
And their business model sums up affiliate marketing pretty well.
“You sell it, we ship it”
Basically, you only have to focus on the selling part.
If you make sells, you’ll get commissions.
How Do I Get Started?
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First choose a niche market that makes sense, one that you can break into. It also helps if you are interested and passionate about the products you are selling.
Because being happy about the products you are selling benefits both you and your sells.
Prospective clients will be attracted by your enthusiasm about the product and be more inclined to make a purchase.
There’s also recent studies that show that satisfaction increases productivity.
Check out this great article for more info on how to choose a niche.
OK, back on topic.
Once you find a product you like and recommend, then get your own unique affiliate link for
that product. This link will connect your prospective customers to the product you are promoting.
If the client buys the product through your link (and only your link), then you get a commission.
Commission rates depend on the program you use, they can vary from 2% to 75%!
How do you promote your affiliate link?
Well, you can use social media, blogging, emailing, etc.
But, if you want to be successful, you will want a proper plan.
Communication is the Key:
If you like words and stringing them together to make coherent sentences, then you’re going to like freelancing writing.
Freelance writing is a fantastic way to make money online.
Now of course, if you don’t have a good command of the English language, then you are going to have a hard time finding good paying jobs.
Also, you have to consider that most clients these days consider your online presence during the hiring process.
This means, that if you don’t have any samples or testimonials, then you won’t have much luck finding a high-paying writing job.
The good news is, the better you get at writing the more money you can make.
If you continue to hone your skills, then high end clients would be willing to pay you thousands of dollars per project.
However, even if you’ve mastered the art of producing authority content, you will still have to start small and build up your online footprint.
That’s the important part.
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Build a Name for Yourself:
Show your clients proof that the content you pump out exceeds their expectations.
Two popular websites where you can start looking for freelancing work are Upwork and Fiverr.
But, you should know that freelancing websites have cut-throat competition and you will have a hard time getting started.
Thankfully, there is a different way you can use your creative juices.
You can write quality content for yourself. Write emails that promote an affiliate link.
Or better yet, create a simple niche website and put your articles there.
Blogging Makes Money for Little Investment:
If you are passionate about something and know a good deal about it, then you can certainly monetize it.
Take for example, a travel blogger.
If you enjoy travelling regularly, then chances are you are an avid follower of one travel blogger or another.
If the blogger is smart, you will find affiliate links or widgets that will bring you to websites such as hotels.com, Agoda.com, Airbnb, etc.
Basically, any travel related website that has an affiliate program.
As long as the affiliate links are related to the content on the blog spot, then readers will be interested in them.
This is just one example of how to monetize your website/blog spot .
There are many other ways you can make a profitable website.
You can create a blog about literally anything under the sun, from shoes to computer gaming.
Just make sure it’s interesting or fun. This way your readers will keep coming back for more.
As long as there is traffic to your website, you will be making money.
Where Do I Start?
Digesting all this information can be rough. It’s hard to apply what you learn and read.
I know, I’ve been there. There at the start, looking out at what seems to be a road littered with obstacles.
It can be overwhelming, but help is to be found.
There are training program out there that will keep you rolling.
This one in particular, has amazing value! It will show you more on how to make money with no money online. Try it out below.
Got other ideas on how to make money with no money, leave a comment and let us know!