Setting up any business requires investment, some more than others. Before you can start on the game changing ideas, it might be a better option to get some experience – and money, of course – through a more doable plan.
So here are three small business ideas which you can set up with a low initial investment.
Write a Blog
I know you must be thinking – isn’t it impossible to make money from blogging? Think again.
Thousands of bloggers worldwide are blogging profitably on topics as diverse as scrap-booking, home cooking, travel, film, lifestyle, business, personal finance and more. Some exceptionally well doing bloggers are earning in six-figures thanks to a combination of email subscribers, affiliate marketing, blog sponsorship, and other revenue streams.
And it takes next to nothing to start blogging – just a computer, an internet connection, and of course, a talent for putting things into words. The topic can be anything; as long as your content is engaging and informative, it will find readers.
Start Podcasting
For those more comfortable with speaking rather than writing, podcasting is the way to go. If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and earn some solid revenue.
Companies regularly pay $250-$500 (or even much more depending upon audience size) per episode for 90 seconds worth of advertisements on popular podcasts, which can translate to an income in excess of $5,000 for an entire series.
Naturally, it helps if you already have an online audience to tap into, but even if you don’t, it is never too late to get started. There are a large number of people who have started from scratch and made podcasting a lucrative career for themselves.
Learn Web Design
In this age of the internet, there are perhaps no professionals in higher demand than those concerned with the development of a website. And of these, arguably the easiest to get into is web design.
Web design is all about mastering the art of creating a beautiful, value-driven experience for the people using a website or app. While primarily about CSS and HTML, it goes beyond simple coding. A good designer is distinguished by their ability to arrange the elements of an interface in a pleasing, easy to understand manner, which are a delight for customers to use.
Once you have gotten a handle on the techniques of web design, you can get started immediately; there are always new websites popping up in need of professional web design, and apps in a serious need of a touch up.
Conclusion
The above listed ways are some of the easiest low investment businesses to get into and start making money. If you need some finances to get started, you might want to look into a title loan; once you start earning in earnest, you can settle the loan easily enough.
But remember, the biggest investment required in any venture is not money, but your own effort. If you are willing to go the extra mile, there is precious little you cannot do.
About Mohammad Mustafa Ahmedzai
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