Successful Businesses You Can Start With No Money

Startups and entrepreneurs have become something everyone fancies. Many people aspire to start a business of their own but are often held back by the need for investing big sums of money. However, a business need not always be that difficult to start. For ventures like restaurants, cab rentals or hotels, there will definitely be a lot of prior investment needed. But there are several other verticals you can venture into with little to no money in hand – all thanks to the internet!

The internet has enabled thousands of people to get started with a small business and scale it up gradually. Tools like Wordpress make starting a website relatively easy. And with social media being free, they can build and audience and start catering to them in no time. Ecommerce is another big name in the digital space, that lets anyone sell anything from anywhere! The convenience provided by the internet is ridiculous, and has empowered numerous people with the ability to fulfill their entrepreneurial desires.

Let’s take a look at some businesses you can establish with minimum capital:

1. Drop Shipping: 

Drop-shipping takes almost no investment but comes with mighty returns and is one of the most successful online businesses. As a dropshipper, you will be buying products from merchants and selling for a marked up rate – thus giving you ample profits! All you need to get started is a good website.

2. Blogging: 

Blogging is free, useful and tremendously profitable when done right! The beauty of blogging is that you aren’t restricted to anything. You can blog about any topic, build your community and once your visitor count increases, money flows in. 

3. Affiliate Marketing: 

If you have a blog or website that garners a lot of visitors, you can also use it to market other businesses and earn a hefty commission from it! Affiliate marketing is a type of paid marketing where you get paid to bring traction to another business.

4. Video Channels: 

YouTube is the largest video platform, and many people have capitalized on this incredibly. With a video channel, you can show everything from gaming to fan-theory videos and make a good sum from advertisements, sponsors and views!

Launch your business online today with the help of Openwave! One of the leaders in E-commerce Solution in Singapore and digital solutions, our experts will equip you with a website that’s both stunning and functionally amazing. Backed by a stellar website, finding users and building a community of dedicated buyers won’t take too long! Reach out to us today to know more.