Many people dream of starting their own business, but simply don’t have the capital to invest in a brick and mortar business. Fortunately, due to technology, there are many options that don’t cost a lot of money to get started.
1. Virtual Assistant
You may think that there is too much competition to become a VA and that you cannot earn a good salary. But the truth is you can. You just need to think outside the box a bit. Instead of joining a freelance job site and competing against others who can work for pennies, think more local. Decide the types of services you can offer virtually and start offering them locally.
2.Counter
You may need to get a license, but it’s simple enough to do it by studying and taking a test at a test center. Once you get your license, you can start marketing to local small business owners. You may need to stop by your business weekly to collect information, or there are remote online systems you can use to log into your accounting software.
3. Online Business Manager
Believe it or not, many people running online businesses need online business managers. An online business manager does more or less what a business manager does for any job. They just do it online. They manage resources and people to take the business to the goals established by the owner. As an online business manager, you will likely be responsible for organizing, planning, and finding the team to implement the goals the owner wants to meet.
4. Fulfillment by Amazon
Fulfillment by Amazon means Fulfillment by Amazon. There are many ways to get into this business. There is a lot to know about this business, but there are courses you can take to help you learn how to run a FBA business. It’s an amazing opportunity and can lead to a very profitable home-based business where all you do is buy products, list and ship to Amazon, and they do the rest.
5. Affiliate Marketing
An affiliate marketer is someone who advertises and promotes someone else’s products or services, and when they make a sale they get a share or percentage of the sales.
Digital product affiliates typically get around 50% of sales, while physical products typically get less than 10%. Having a combination of both types of products is a good way to give your audience a lot of options, but many people make a lot of money with either depending on how big their audience is and how good they are at reaching them.
