Advertising
Advertising

10 Businesses You Can Start with under 100 Dollars

10 Businesses You Can Start with under 100 Dollars

Ask The Entrepreneurs is a regular series where members of those involved in the Young Entrepreneur Council are asked a single question that aims to help Lifehack readers level up their own lives in the areas of management, communication, business, or life in general.

Here’s the question posed in this edition of Ask The Entrepreneurs:

What is one type of business that an aspiring entrepreneur could create with just $100 in their pocket?

1. Teaching

Shaun King

    What are you really good at? What do you love to do? For $100 or less, you could easily start a business teaching people how to excel at your greatest passion. I find that most of us are much better at one or two things than we ever give ourselves credit for. What we lack is the confidence to start a business based on our passions, but most great businesses start that way!

    Shaun King, HopeMob

    2. Freelancing

    Advertising

    Elizabeth Saunders

      Without even having a website, you can find freelance work through companies like Elance.com. If you have skills in programming, writing, design, or editing, you can make money with little to no initial financial investment.

      Elizabeth Saunders, Real Life E®

      3. Consulting

      Andrew Schrage

        Choose an industry in which you’re well-versed and start a consulting business with a blog. You can purchase a domain name for as little as $10. Get some inexpensive business cards printed up and open free accounts on social media websites. Post relevant content on your blog and social media accounts, network with other professionals via Meetup.com, and watch your business grow.

        Andrew Schrage, Money Crashers Personal Finance

        4. Managing Web Design

        Advertising

        Matt Wilson

          You don’t have to be a web designer to have a web design business. Find people who want websites built and then find someone who will design them for cheaper than you’ve quoted your client. You make a margin for connecting the clients with the designers or managing the projects.

          Matt Wilson, Under30Media

          5. Vlogging on YouTube

          Erin Blaskie

            Now that you don’t need to be a partner to earn ad revenue on YouTube, anyone can start a channel, make videos regularly, and profit from them for a very limited investment. Don’t assume you need an expensive camera, either. Vlogging can easily be done using your computer’s built-in camera or a smartphone camera. Start vlogging regularly and see profits in your account.

            Erin Blaskie, BSETC

            6. Creating Information Products

            Advertising

            Thursday-Bram 2

              If you’ve got expertise in a given niche, you can create an information product, like an eBook, with minimal cash. It will take plenty of time, of course, but you can technically create a whole business without expenses if you set up a free website. Personally, I’d spring for a domain name and hosting, along with a little graphic design work.

              Thursday Bram, Hyper Modern Consulting

              7. Blogging

              Robert-J.-Moore

                Some bloggers make a great living by writing strong content and selling ads. For well under $100, you can start your own blog online and build a reader base.

                Robert J. Moore, RJMetrics

                8. Programming

                Advertising

                Abby Ross

                  Invest in a Udemy class to learn how to program. I recommend “Become a Web Developer from Scratch” – with a Facebook Offers coupon, it’s only $99. From there, the options are endless.

                  Abby Ross, Blueye Creative

                  9. Domain Name Buying

                  Aaron Pitman

                    An entrepreneur could start buying generic domain names for $10 and sell them to companies that could benefit from them. I started out this way, with 10 names at $10 each. This turned into a multimillion-dollar company that now develops domain names into living, breathing companies.

                    Aaron Pitman, API Domain Investments

                    10. Flipping Websites

                    Matt Mickiewicz

                      With a little bit of technical knowledge or some WordPress skills, it’s possible to build niche content blogs for a few dollars, and then “flip” them to a buyer for a quick, tidy profit. Blogs that generate a few dollars in revenue through something like Google AdSense or Commission Junction are particularly easy to sell through online marketplaces and forums.

                      Matt Mickiewicz, Flippa and 99designs

                      More by this author

                      9 No-Brainer Ways to Track Employee Time Ask the Entrepreneurs: 12 Things Entrepreneurs Should Stop Doing Ask the Entrepreneurs: 9 Best Note Taking Tools Ask the Entrepreneurs: 12 Tips for Mastering Public Speaking Ask the Entrepreneurs: 9 Tasks You Should be Outsourcing

                      Trending in Money

                      1 25 Killer Sites For Free Online Education 2 How to Develop a Millionaire Mindset in 6 Simple Steps 3 5 Books You Must Read if You Want to Be a Millionaire in Your 20’s 4 20 Better Money Habits to Help You Increase Your Savings 5 50 Businesses You Can Start In Your Spare Time

                      Read Next

                      Advertising
                      Advertising
                      Advertising

                      Last Updated on July 4, 2019

                      25 Killer Sites For Free Online Education

                      25 Killer Sites For Free Online Education

                      Whether you’re five or ninety five, the internet has a lot to offer. Particularly when the topic is education, the resources on the internet are endless.

                      Best of all, many high quality sites are completely free. From history to coding, excellent free online education awaits on the following 25 sites.

                      1. Coursera

                      Untitled copy

                        Coursera is a website that partners with universities and organizations around the world. This brings a wide variety of topics and perspectives to one searchable database.

                        Coursera is a powerful tool for free online education, and includes courses from many top universities, museums and trusts. This gives the site an extremely wide range of in-depth courses.

                        Coursera is extremely useful if you’re looking to study many different topics, or want courses from different schools and groups.

                        2. Khan Academy

                        Untitled 2 copy

                          Partnering with many post secondary schools, Khan Academy offers a useable, well organized interface. Also curating many courses from around the web, Khan Academy offers impressive depth on many different subjects.

                          Among the more well known educational sites, Khan Academy is also incredibly useable, which may make it easier to keep learning goals.

                          3. Open Culture Online Courses

                          Untitled111 copy

                            If you are struggling to find exactly the material you are looking for, try Open Culture’s listing of free online education courses. The page highlights 1000 lectures, videos and podcasts from universities around the world. The site features a lot of material found only on universities private sites, all in easy to browse categories. This means you can find hundreds of university courses, without having to visit and search each university’s own site.

                            Open Culture’s list features courses from England, Australia, Wales and many state universities around the United States. A very helpful resource for finding many courses in one area of study.

                            4. Udemy 

                            Untitled 4 copy

                              Udemy’s free courses are similar in concept to Coursera’s but additionally allows users to build custom courses from lessons.

                              Working with many top professors and schools, the site mixes the customizable platform of other sites with a heavy emphasis on top quality content. This is another site however, that mixes free and paid content.

                              Advertising

                              5. Academic Earth

                              Untitled 5 copy

                                Another site with courses from many different schools is Academic Earth. Much like the three sites above, Academic Earth brings together top notch courses from many different sources, and focuses on offering a wide variety of subjects.

                                Academic Earth lists courses by subject and school, so it might be easier to find what you’re looking for.

                                6. edX

                                Untitled 6 copy

                                  Another great option for free online education is edX. Also bringing together courses from many different schools, the site has impressive, quality information for everyone. edX covers a great range of topics.

                                  7. Alison

                                  Untitled 7 copy

                                    Unlike the previous sites on this lists, Alison is a free education site offering certification in some areas. Alison offers courses mainly in business, technology, and health, but also includes language learning courses.

                                    It’s a great option if users need certification for their learning as Alison also offers school curriculum courses.

                                    8. iTunesU Free Courses

                                    Untitled 8 copy

                                      A very convenient place for free online education is iTunesU, because it integrates seamlessly with your iPod, or any app-ready Apple mobile device. On iPad, iPhone, or iPod touch, users download the iTunesU app.

                                      Desktop users can access  iTunesU on the upper right hand corner of the iTunes Store. iTunesU is also convenient because the store is categorized much like iTunes.

                                      Users can search learning materials in many different ways, including genre and topic. However, courses are often a mix of free podcasts or videos, and paid content.

                                      ITunesU does include courses on a pretty wide scope of topics, but does not integrate with Android, Google or Windows mobile devices.

                                      9. Stanford Online

                                      Untitled 9 copy

                                        Your hub for all the online offerings from Stanford University, Stanford Online offers self-paced and session based courses. While Coursera features some courses from Stanford, many classes are only available via other hosts. Some courses require iTunes, but most are completed in your web browser.

                                        Advertising

                                        Stanford Online is a great site for high quality courses, though the topics are somewhat limited compared to sites partnered with more than one school.

                                        10. Harvard Extension

                                        Untitled 10 copy

                                          Like Stanford Online, Harvard Extension features free online education courses from Harvard only. This is another excellent source for top notch course material, though the course variety is less rich than multi-school sites.

                                          Additionally, Harvard Extension allows you to search for courses by professional certificate. This makes it much easier if your online education goal includes certification.

                                          11. Open Yale Courses

                                          Untitled 11 copy

                                            Open Yale Courses echoes Harvard Extension and Stanford Online, in that it offers only courses from Yale. While the site is similarly limited to topics taught at the school, Open Yale Courses offers a lot of videos of actual campus lectures. The availability of videos makes the site a great option if you’re looking for quality courses, but learn better by watching than by reading.

                                            12. UC Berkeley Class Central

                                            Untitled 12 copy

                                              Much like the other schools on this list, UC Berkeley has a variety of free online education options. The school has slightly fewer courses than the schools above, but includes some supplementary lectures, webcasts and RSS Feeds, making it easy to keep up with the topics you choose.

                                              13. MIT OpenCourseWare

                                              Untitled 13 copy

                                                Similarly, MIT offers a variety of free courses. The school has a comparable number of courses to the schools above, plus includes very in-depth course materials on the subjects available. MIT also offers free RSS feeds, a convenient way to continue learning.

                                                14. Carnegie Mellon Open Learning Initiative

                                                Untitled 14 copy

                                                  Carnegie Mellon’s free online education site is comparable with the other school’s on this list, however, Open Learning Initiative also covers a smaller range of topics. But for the topics that are covered impressive, in-depth material is available.

                                                  15. Codecademy

                                                  Untitled 15 copy

                                                    Codecademy is a website dedicated specifically to teaching coding. Where other coding sites follow an example/practice session workflow, Codecademy includes a live practice window. This means you can practice coding while still viewing the lesson material.

                                                    The courses at Codecademy are well written and easy to follow and the website is organized very nicely. Codecademy features a centralized dashboard where you can monitor your progress, plus organizes lessons into complete modules. This lets you learn an entire language without needing to pick the next course manually.

                                                    Advertising

                                                    16. Code

                                                    Untitled 16 copy

                                                      Code is another website focused on coding and app writing. A site with high quality courses, Code also features learning options for kids.

                                                      In addition to kid friendly courses, Code offers free online education classes on a wide variety of technology topics. These classes include app writing, robotics and Javascript.

                                                      Most of the courses are also geared in a such a way that they can be useful in a classroom setting. This makes Code a great resource for harder to find coding topics, as well as various learning settings.

                                                      17. University of London Podcasts

                                                      Untitled 17 copy

                                                        The podcast page on the University of London website is another great source for free education. While the courses are limited to podcasts, the site features podcasts from it’s own campus, as well as eleven universities in and around London. This gives learners a wide base of topics and lectures, but still ensures in-depth material.

                                                        18. University of Oxford Podcasts

                                                        Untitled 18 copy

                                                          Similar to the University of London, the University of Oxford features many different podcasts. Most are public lecture series or lectures from visiting professors, with several different recordings available.

                                                          The advantage to this particular site is that podcasts are organized into series, making it easy to subscribe to multiple lectures on one topic. Another good site for thoroughly in-depth lectures.

                                                          19. BBC Podcasts

                                                          Untitled 19 copy

                                                            For the more casual learner, the BBC offers a wide variety of podcasts on many different topics. Most podcasts are updated weekly, and focus on everything from finance, to sports, to current events.

                                                            Through the World Service line of podcasts, there are also many in different languages. The focus of these podcasts are less in-depth and theory based, which may be more accessible to the average person.

                                                            20. TED-Ed

                                                            Untitled 20 copy

                                                              Another great destination for more general learning is TED-Ed. From the same people that brought you the all encompassing, motivational web series, comes a site chocked full of educational videos. Most include impressive animation, and all are ten minutes long or less.

                                                              Not only is TED-Ed an excellent site for the curious, it also includes supplemental materials and quizzes on the videos. This makes the site extremely useful in formal education settings, as well as in entertaining ways to brush up on new discoveries and topics.

                                                              Advertising

                                                              21. LessonPaths

                                                              Untitled 21 copy

                                                                LessonPaths is another great tool for those looking for a more usable and convenient way to access learning material. On this site, users create link playlists of their favorite learning materials from other sites. Users then rank these collections, making it easy to find many different high quality, accessible sources on a given topic.

                                                                22. Memrise

                                                                Untitled 22 copy

                                                                  Another impressive free online education site offering ease of use and convenience is Memrise. Available both on desktop and as an app, Memrise is a particularly powerful tool if you are studying a language. The site encompasses many other topics as well, though some of the course material is user generated content.

                                                                  Part of what makes Memrise special is their integration of games into the learning materials, mixing learning with entertainment.

                                                                  23. National Geographic Kids

                                                                  Untitled 23 copy

                                                                    The kids site for National Geographic is another site that makes free online education applicable for younger users. For those looking for kid friendly education, a large variety of games, puzzles, videos and photos keeps kids interested on this site.

                                                                    National Geographic Kids doesn’t organize learning into courses, making materials available by topic and medium instead. This makes National Geographic Kids a good option for those looking for a more casual learning environment.

                                                                    24. Fun Brain

                                                                    Untitled 24 copy

                                                                      Fun Brain is another good option for kids who want to learn online, but focuses on games and fun puzzles. Particularly focused on math and reading, Fun Brain’s game based approach can be valuable if the child in question struggles to pay attention.

                                                                      Fun Brain offers rewards and challenges as well, and is another site aimed at a casual learning experience for kids K-8.

                                                                      25. Whyville

                                                                      Untitled 25 copy 2

                                                                        Similar to the sites for kids free online education is Whyville a destination for preteen online learning. The site includes a variety of social features, with a focus on learning materials geared for young teens.

                                                                        Whyville also mixes in educational games, to make the site a well rounded option for kids too old for simple games, but too young for heavy reading based material.

                                                                        More About Online Learning

                                                                        Featured photo credit: Dai KE via unsplash.com

                                                                        Read Next