How Anyone Can Start A Business With Zero Investment
Starting a business with zero investment is a great way of determining if a business is worth reinvesting funds into. A lot of fortune 500 companies were started with zero investment, as well as the wit and skills of their founders. Here are five businesses you can start TODAY with zero investments.
E-commerce Reseller
E-commerce sites are often free for e-commerce resellers to list their products, later charging for commission and other fees. If you have a supermarket or mall within walking distance from your home. You should go there and see what products you could resell online. Look through a group of products that interest you, the sky is the limit. If you have a new baby, maybe you have come to learn about products that are useful to new parents. If you love doing your hair and makeup, you may come to know trendy useful products that you could use to build a customer base online. List the products on the website add fees and commission to the price and wait until you get an order before you buy the products from the supermarket or mall to relist. You would be surprised at how many products you can resell online for a profit.
Build Websites
Even without software design skills required to build websites, you can use website building platforms that are easy to use. These drag and drop website builders allow you to simply change different aspects of a website by adding and removing features. They even have pre-set templates that can be used by just changing the name and images to reflect the brand or company of the user. You can market yourself as a website builder and use the free trial period in order to create websites for your clients. Mark up the registration required by the website builder and also have an option to charge your client for weekly or monthly changes as needed. This website-building business will cost you zero to set up but can give you great financial rewards as recurring income.
Dropshipping
This is a form of retail business, where the seller accepts customers' orders online or in person without keeping the stock and fulfilling customers' orders directly with the manufacturer or distributor. The distributor will then deliver the goods to the customer. The drop shipper considers the cost of the goods, and delivery costs and marks up the price of the goods to make their profit. Once orders come in the seller will use the customers' payments to repay the distributors who will ship and deliver items to the buyer.
Travel Agency Business
Travel agencies usually arrange travel for their clients. This can be the purchase of flights, accommodation, tours, admission fees, and more. The easiest way to get started with this kind of business is to create custom travel arrangements for your clients. This can be done by calling or even emailing hotels, museums, beach clubs, or any activities your guests would be interested in. Finding their rates, negotiating lower rates, and reselling to your customers. You can also approach local restaurants or clubs and negotiate a rate for all the guests you bring to their establishment. This method is especially effective if you live in a high tourist country.
Vlogging
Vlogging is documenting experiences in video form and uploading them as content to help your audience experience a different place or navigate an experience through your eyes. With platforms like Youtube, Facebook, Instagram, and TickTock, monetizing short and long video content. You could record content online and post on these platforms completely free. This can be very rewarding if you find your target market and speak to them directly. Read how to rank on search engines, to make sure your content gets seen by as many people as are interested in your topic.
Have you ever started any of these businesses? What was your experience? Share in the comments below with our community of African freelancers.
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