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7 Online Businesses That Require Little Startup Capital

7 Online Businesses That Require Little Startup Capital

Starting a business is a dream that a lot of people have. Today, a lot of people are willing to quit their jobs the minute they get an idea that they believe has the potential to grow up and become the next big thing, mostly because they hate their current jobs in the first place and would very much love to stop working under someone else. It’s quite understandable. One of the easiest places to become self-employed and fully established is on the internet. For obvious reasons (convenience, autonomy, easy profits, etc.), working online is often preferable. However, people are at a loss when they don’t know what jobs to engage themselves in. Many are looking for a job that requires little to no startup capital and little to no complex technical expertise, but that will still allow them to make sufficient amounts of money online. Look below for our top 7 online businesses picks.

1. Online Consulting

This might sound like the usual gist around but its widespread characteristic doesn’t diminish its veracity in the slightest. Consulting, no doubt, is one of the easiest businesses that you can start with very little capital. You don’t need to have any complex or additional skills that are difficult to learn. All you need is what you already know; this could be your usual area of expertise or what you studied in college and are good at. There are people out there who need your knowledge, and consulting is the way to help them. They get knowledge, you get paid. Simple.

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2. Social Media Marketing

This is a job that truly isn’t for everyone. Social media marketing works mainly for people who have massive numbers of followers and a wide audience on social media platforms. Usually, how it works is that you meet a brand, business or service provider who has just launched a product they see as revolutionary and needs awareness and publicity. On your social media platform, you advertise their products and they’ll remunerate you for a job well done. This business is also direct and has the potential to yield you huge returns. However, as stated earlier, you will need to have huge number of followers on social media to succeed.

3. Online Retailing

Online retailing is quite simple. Although you might need the services of a skilled web developer to start this business, it still qualifies as a profitable little-capital-required online job. A good example of an online retail service is Gifted Shirts. Another idea is that you could be in charge of managing an existing online retail service. A lot of online retailers who have difficulties in getting customers could be experiencing such hardships due to bad management, and you could be a perfect fit for such positions.

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4. Content Writing

Similar to blogging and website management, content writing will allow you to help people with websites and other online platforms by generating attractive content that’s sure to attract more readers and increase their customer base. This can earn you huge sums in return. However, if you have difficulties in writing or you can’t find a client who is willing (and rich enough) to employ your services, you can begin a business that employs creative writers. That way, you’ll serve other bloggers and website owners with the content created by your writers, whether online or in the real world. You have the freedom to put up any content: stories, sales pitches, articles, news, etc. Quite simple, but with the potential of reaping heavy rewards. Which brings us to:

5. Blogging

Of course, we’ll add blogging as an option. Blogging really needs no huge capital investment, but for you to be an efficient blogger, here are a few tips:

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  • Make your content original and verified. A string of false content will make you bleed visitors.
  • Get information real-time and before others. It really helps.
  • Understand that your blog is your life. It requires hard work and a WHOLE LOT of dedication.
  • Even when you don’t seem to be making any money, keep at it. The readers will come, and subsequently, more money will come too.

6. Social Media Management

This is another job that would be a perfect fit for a social media enthusiast. These days, companies use social media platforms to market their goods and products, and in managing these accounts, they sometimes realize that it is cost-effective to employ outside contractors instead of hiring full-time social media marketing staff. This job could benefit those who have a passion for social media use and who have effective management skills. No startup capital or additional complex expertise is needed.

7. Customer Service Management

Customer service management entails helping websites and online retailers to deal with clients’ complaints and questions. You could also take note of constructive criticism and use these ideas to help your clients better their business operations and provide premium services to their clientele.

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More by this author

Tanvir Zafar

The founder of ISU Technologies, passionate in writing about entrepreneurship, work and technology.

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Published on April 16, 2019

How Self Care Can Help You Live Your Best Life

How Self Care Can Help You Live Your Best Life

When was the last time you did something for yourself?

Whether it was deciding to treat yourself with a little something or travel for some R&R, how often do you practice self-care?

Well, as good as above sounds, there’s a common misconception that many of us have about self-care: that it’s only about indulgence and enjoyment.

However, self-care goes far beyond indulgence. It’s actually about respecting your mind and body, understanding its limits, and being able to take care of every part of yourself, in a holistic way.

And, you really don’t have to go to extreme measures or do anything specific–like meditating or following a plant based diet–in order to practice self-care. You just have to make sure that what you’re doing is in your best interests.

So how can you make that happen?

Below are a few proven methods that will help you become a better version of you. Follow through with these regularly and you’ll be well on your way to living your very best life.

Listen to Yourself

The bulk of self-care is knowing yourself.

This means knowing your body’s limitations, and being in tune with your feelings, emotions and thoughts. So it’s important, then, to know who you are and what you want to do in life, in order to truly say that you know yourself. 

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What is your purpose?

Have you ever thought about this question?

Your purpose doesn’t have to remain the same throughout your life. What you found a purpose in at age 19 would likely be different at age 49.

In your current situation, think about the different roles that you have – as a working professional, a spouse, a partner, a parent, etc.

Do you feel like you are fulfilling your purpose through any of these roles?

All you have to do is ensure that what you’re chasing is meaningful to you; this will bring focus and motivation as you strive to achieve your goals.

If you have your purpose defined, then that’s awesome! You know what drives you and why.

But, if you don’t feel like you have a purpose nailed down, it’s good to start by asking why.

For example, why are you working in your particular job or industry? If the reason is vague or unclear, then your motivational energy will be the same. In which case, you may find yourself not having a direction for where you’re headed in life.

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If you’d like to learn more about finding your purpose, then I recommend you check out this article:

How to Get Motivated and Be Happy Every Day When You Wake Up

Seek Out Continuous Education

Now, this may seem less common when you think of self-care, but lifelong learning is incredibly useful and an important component of taking care of yourself.

It’s Super Practical

Lifelong learning is extremely practical these days and does not require as much effort as it may have in the past. Long gone are the days when you could only find information on something by visiting a library. In this day of the internet, anything you can imagine is at your fingertips.

You don’t need to physically go to a learning institution to learn. You can watch Youtube videos to learn new skills, take online courses to earn a degree, and scroll through an endless amount of articles, books and journals from reputable news and informative sites.

When you’re constantly pushing yourself to learn and take up new things, your mental health also improves. Research shows that an active and engaged mind is responsible for diminishing age-related memory loss and improves overall cognitive abilities.

Your Confidence Will Skyrocket

You’ll also have improved self worth as it teaches you to step outside of your comfort zone, which will undoubtedly improve your confidence.

You’ll also connect better with others by expanding your knowledge base. Learning exposes you to a multitude of new ideas and perspectives that you may have otherwise never considered. This also increases your adaptability. Whether it’s at work or just wanting to adapt to society, your peers, and loved ones, life long learning prepares you to take on new challenges.

You’ll Be More Desired in the Job Market

Another obvious reason for continuous education, is that your employability will also increase.

With the ever changing economy, and huge influences from technology, social media, science etc., job descriptions today are moving targets. Assignments and roles change so quickly in response to changing business demands, it becomes a Herculean task to keep a job description database current.

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In years past, stability was a characteristic of the world of work. Procedures, information, jobs, and organizations were established and provided continuity. Education was completed in the first 14 to 22 years of one’s life, followed by a long career occasionally punctuated by short-term job training.

Today, however, jobs, companies, and technology are disappearing and being created simultaneously. To remain current and maintain a competitive advantage in the human capital marketplace, an individual is challenged to continually learn.

People return to school at every age to enrich their skills and knowledge for their current positions. Some even prepare themselves for new jobs or career changes, moving them forward into new opportunities and technology.

We can be assured that we will be challenged to continue to learn new tasks and information throughout our lives. Successful careers belong to flexible, curious learners who are prepared for opportunities because they know themselves and where they make their best contribution. As Peter Drucker, the father of modern management stated,

“Knowledge is choice.”

Lifelong learning also increases social awareness and perspective. To genuinely understand and empathize with others, increase social awareness, and foster strong interpersonal relationships, it’s important to seek out new perspectives. Enhancing the skills that positively impact emotional intelligence can bring even greater happiness and success, both personally and at work; and, this is all part of self-care.

Improve Your Habits (Both at Work and at Home)

Now, the last piece of advice I want to introduce to your self-care regimen, is to improve your habits.

Habits define who you are, and are built up over time. You are what you eat is a great example of this. If you make it a habit to eat foods that nourish your body, rather than make your body feel bad, then you will be much healthier overall.

Good Habits Allow You to Reach Your Goals

Since habits dictate your days and nights, such as waking up every morning to get to work before a certain time, or brushing your teeth before bedtime every night, they play a major role in whether we do or do not reach our goals.

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When you form habits that allow you to progress towards your goals, you’re automatically living a purposeful day, everyday.

Habits Make Your Time a Priority

How do you spend your free time? Do you opt to lounge on the couch watching Netflix passively, or do you engage in activities that support your purpose in life?

It’s natural to waste a lot of time during the day, but fostering good habits will make you set a pattern for how you spend your time and give you the choice of what you choose to spend your time on. By improving your habits, you’ll find that you can be a LOT more productive. When you create good habits, you become more efficient with your time and a lot less is wasted.

This in essence creates an overall positive influence on your life, allowing you to treat your mind and body well, which is why improving your habits are so important to self-care.

Your Well Being Comes First

We live in such a fast-paced society, where we are often so caught up in our work, families, maintaining our social lives, our studies and everything in between. It’s an understatement to say that life can get a little overwhelming at times.

If you’ve ever watched the safety video onboard a plane, you’ll know that they always ask for a parent or adult to put on the safety mask first, before tending to the child. This may sound selfish, but the fact is that if you truly want to ensure the child’s safety, then your safety needs to come first so that you can protect and care for the child without complications from your end.

The same goes for self-care. We need to ensure that our well being is priority, so that we can be the best for the people around us.

Listening to yourself, practicing lifelong learning and improving your habits are steps that you can take to ensure you’re constantly in the best state of mind, alongside the indulgence and rest that you reward yourself with.

Featured photo credit: Photo by Raychan on Unsplash via unsplash.com

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