So you want to know how to start a business, with no money, from home.
Well, there are many ways to do that but there are a few boxes that you will be required to check off first. Money may not be the most important thing and necessary to start a business.
Yes! You read that correctly. I can say that confidently because that is exactly how I started my businesses – with no money while at home.
That was before the pandemic forced us to seek shelter and everything else on the internet. I knew I was on the right track back then and along came the 2019/2020 pandemic which exaggerated the need to be online.
In 2019 I started my first real online business and in 2020, I launched 2 more. Today, I am very happy that I made those decisions.
If I can do it, so can you. So, read on if you would like to know how I did it.
The Internet IS a Diamond Field
By now, you must have figured out that I am talking about starting a business using the online opportunities that are overflowing.
The internet is a diamond field but you must be able to understand it, where to find the best platforms and support and what training and coaching will propel you to success.
Even in diamond fields, you have to look carefully and use your time and resources carefully. Remember, you are not the only one seeking success and diamonds are not the only things buried in the fields. Starting off from a place of knowing will definitely set you apart and give you the edge.
Here is what the diamond fields of the internet look like:
As of January 2021, there are 4.7 billion ACTIVE internet users. That is almost 60% of the world’s total population. Of those active internet users, 93% access the internet using their mobile phones.
That is all well and good but the question you should be asking yourself is:
“What exactly are these 4.7 billion people using their mobile devices for?”
Well, lets’s explore that for a moment.
Mobile e-commerce users will rake up over 3.5 TRILLION US dollars on the internet in 2021, according to eMarketer and Statista.
That is a lot of buying and online businesses that are well-positioned and sustained are in line to benefit handsomely from all the e-commerce activities.
By now, you should be convinced that finding your home on the internet is one of the best decisions that you will ever make. If you are, let’s explore some opportunities that you may find attractive.
7 Businesses You Can Start At Home – With No Money
There are dozens of ways to get started online. Here are just a few of the ways I diversified my online income when I got started.
1. Consulting Retainers
As an experienced and qualified Management Consultant, I know that there are many businesses and individuals who are in need of management services. Everything from letters, policies, presentations to recruitment processes and performance systems.
My consulting firm was started in New Zealand in 1996 and I used those offline services as a template to transition to providing online services.
Today, I manage a thriving online consulting business that offers all the services I mentioned previously and also provides, training, coaching and mentoring services as well.
One of the easiest and best ways to launch into this arena is to become a Virtual Assistant. Once you do a good job, you may well be able to build a nest of retainer contracts and a pretty good income for yourself.
With just a few clicks you can set up a Word Press site and start writing about your experiences and knowledge. Simply, anything that may be able to help someone else is a good topic.
In time, you can place ads on your site, write for others and earn income selling products and services.
3. Freelance Writer
This is a natural evolution from #2. Many organisations and individuals are looking for good writers for their blog posts, social media and other reasons. We are living in the information age and the more that is available, the more that is demanded.
Today, mobile devices have extremely powerful cameras. Companies and individuals pay a lot of money for video footage and stock photographs that can be captured using these powerful devices.
Simply point, click and upload from your device to one of the dozens of platforms that purchase these products.
5. Manage Social Media
If you are like the average person with a mobile device, you probably have a Facebook, Instagram and or Pinterest account. Why not get paid for using the knowledge you have of these platforms by managing them for others.
6. Write an Ebook
Everyone has a story. Every experience or piece of knowledge may be able to help someone else.
Many platforms on the internet allow you to self-publish. You can write your ebooks and sell them on places like Amazon. In addition, you can even write ebooks for others who may be in need of the service.
7. Content & Affiliate Marketing
What if I told you that there was a way to incorporate numbers 1 through to 6 and create a 7th stream of income, all from home and starting with no money?
You may not believe me BUT, you are still here, reading.
So, what if I told you that I have done all the above AND I started at home AND with no money. Would you believe me then?
A FEW OF MY 2021 AFFILIATE MARKETING ACCOMPLISHMENT BADGES
Content & Affiliate Marketing offers you the opportunity to earn income by directing or referring visitors to specific websites by sharing their links on your blog posts, website and/or social media accounts.
Affiliate Marketing is one of the most engaging and profitable ways to start an online business and the best thing is that you can get started, the same way I did, with no money down, while in the comfort of your home.
Here’s How I Did It, And You Can Too
In 2019, while surfing the internet looking for coffee, I stumbled upon a website with the keywords ‘cup of coffee’ in it. Thinking it was a website about coffee, I clicked on it and met a guy by the name of Nathaniell. He is the owner of the website.
The thing is that his website was not about coffee at all but rather he shared how he was able to work online and enjoy another ‘cup of coffee’ every morning instead of having to painfully put up with the daily commute of going to an office.
What he was saying made so much sense that I decided to explore what he was blogging about and where he was referring me to.
Another click led me to a platform called Wealthy Affiliate (WA). There, I discovered a community that is so supportive and so concerned about helping you succeed that it is a natural behaviour of the culture to do things like pay-it-forward.
The Power of Community
The community rises up to help anyone in need of it. Every day there are hundreds of blog posts by the WA members who share their thoughts, ideas, experiences, successes and failures.
The 1st 10 lessons were free and by lesson 10, I had my website up on the internet. It would not be my last or only website but I used it to implement the in-depth training I was following along the way.
Everything came together simply and before completing my 10 free lessons, I took up the offer to complete the 50 lessons for an initial fee of US $19.00. Before the month was over, I knew that this was exactly where I wanted to be, to learn and to build my online business.
Remember my offline consulting firm? well, I transferred that website to WA and it became my first monetized website on the internet.
That website earns me:
- Consulting Fees.
- Google AdSense income
- Writing engagements.
- Affiliate referrals and revenue.
- Social Media followers.
- Search Engine rankings.
It is my flagship website. Simple yet effective and very profitable.
Taking Action is Critical
Over the years, I have watched many people talk about success and wanting a lifestyle that they could design for themselves.
A lifestyle that includes freedom, flexibility, networking, passive income, learning and bottomless growth. After working all around the world in many brick-and-mortar constructs, (including my own), I can safely say that working online is, by far, the best way to achieve your goals, peace of mind and independence.
Is it easy?
Nothing in life that is meaningful and worthwhile is. However, it truly offers you the opportunity to steer your own course and create the future that YOU want and define.
How Long Does It Take?
That depends on you.
I started to earn income from my WA training and efforts after just 4 months. A few dollars then have grown into a profitable 5-digit income today.
Not bad for my first year.
If you are serious about starting your own online business and being in charge of your life and your income, invest in yourself at Wealthy Affiliate.
You will never be alone along your journey.
Content & Affiliate Marketer, Blogger, Management Consultant, Traveller, Online Entrepreneur, Coach & Mentor.
I currently live in my Birth Country, Trinidad, and I am the proud mother of a charming 11-year old. She is a very talented Dancer, Ballerina, Moko Jumbie and Swimmer.
As an Entrepreneur, I have started businesses in New Zealand, the USA and here in Trinidad. I have lived and worked all over the world – England, USA, Africa, New Zealand, Central America, (to name a few).
We LOVE! to travel and explore cultures.
In October 2019, after drifting around the internet, I launched my Digital Entrepreneur Footprint with Wealthy Affiliate.
Today I manage 3 profitable websites, coach other Digital Entrepreneurs, design training programs to strengthen the personal leadership required for business and, educate my daughter through travel and other human and cultural experiences.