Many of us start a business because we need more money, much less to do it big; that’s why I’m leaving you with some profitable business ideas with little investment. Let’s stop making excuses to make our dreams come true!
The best thing about these ideas is that they can save us a lot of money and make us a fully-fledged company. However, always keep in mind the lifestyle you want to have before asking yourself what business can start.
The key to starting these ventures with less than $50 is to initially focus on acquiring clients directly. This approach allows you to operate on a prepayment basis, minimizing your financial commitment. The strategy is to start with as little money as possible, ensuring that your initial investment remains under $50.
Table of Contents
1. The king of profitable businesses with little investment: Being a blogger
It’s understandable if you’re weary of hearing about blogging as a profitable business option with little investment. However, the fact remains that many of us, including myself, have found success in this field. We wouldn’t have started our blogs if we didn’t believe in its potential for profitability.
Personally, I started with less than $50 by purchasing my hosting, and that’s it! In three months you can double your income.
read this article: “From Blog to Bank:11 Ways To Make Money With A Blog”
2. Online store
This is the best option if you already have a product in mind or are interested in selling something.
Starting an online store is a cost-effective venture. All you need is a domain, hosting, and a store system, like Shopify, to get started.
On the other hand, you need to choose the product you want to sell (you don’t necessarily need to have it physically) and profiles on social networks where your clients are. You can also accelerate sales with a blog or Pinterest.
3. Natural cosmetics
With today’s awareness about all the chemicals we eat and put on, natural cosmetics are becoming increasingly popular.
The best thing is that it is effortless to make since most of the raw materials are cheap and accessible. It is very easy to find recipes on the Internet for everything you can think of, from makeup foundation to mascara.
When it comes to natural cosmetics, it’s not just about the product itself. The packaging is equally important. By opting for eco-friendly packaging, you’re not only ensuring your product is completely natural, but you’re also making a responsible choice for the environment, earning your product an extra point: Zero waste.
6. Handmade soaps
Cream, shampoo bars, and soaps are some business ideas, and with them, you can attack two trends:
- Environmental care
- Chemical free.
As with natural cosmetics, the ingredients are cheap and easy to find, and the recipes can be found online.
7. Subscription service
There is a story of an entrepreneur who was challenged to create a company in less than 24 hours and earn $1,000.
With so little time, what did he do?
He created a subscription service for Beef Jerky (a dried meat snack eaten in the USA). In this service, customers subscribed, and every week, a box arrived with 5 types of Beef Jerky for them to try, according to their tastes.
In less than 24 hours, this entrepreneur got friends and family to subscribe to this service, earning us $1,000 without a secured provider. It’s about something other than selling smoke or poor quality, but this is a great way to give a lot of value without investing a lot.
8. Online advertising agency
If you know how to use social networks exceptionally and like to learn continually, you can offer your services through an online advertising agency.
Through this agency, you can also offer content creation (texts or videos), management of various social networks, web page design, corporate image, etc.
Of course, advice from an agency owner who makes almost a million dollars a year mentions that it is vital to focus on a niche. For example, her agency focused on serving only real estate agents and realtors.
9. Consulting/education for companies
What are you good at?
If you already have a few years of experience in certain activities, you can start as a consultant or as an instructor on some of the topics that companies normally consider basic training.
For example, I consulted to pass a quality, safety, or environmental audit.
Most companies continually need someone to train them in safety topics such as civil protection, handling of fire extinguishers, or leadership.
10. Personal chef
When you gather with your loved ones at your home to celebrate a wedding anniversary or enjoy a vacation, creating a unique meal can be challenging without spending hours in the kitchen. If you have a talent for cooking, you could offer your services to people in your city and nearby areas. One way to advertise your services is through Facebook, where you can request a down payment from interested customers. This can be especially useful during Christmas, New Year’s, or Valentine’s Day. You could deliver the food to your customers or have them pick it up.
11. Property Manager
It concerns contacting owners renting their properties through Airbnb or other internet pages.
After making a deal with them, you must ensure that the property is in good condition before and after the tenants arrive. In addition to handing over the keys, you may give some tourist tips. As part of your responsibilities, you would promote the property on social networks, websites, and perhaps with travel agencies.
12. Online Gift Store
Flower arrangements, balloons, surprise breakfasts, and even fruit arrangements are highly coveted on some important dates. You can take orders online; that way, you only buy and make what you will sell.
13. Develop mobile applications
You need technical knowledge, but mobile apps can give you passive income through advertising, selling them, or creating a paid service.
14. Homework
Any home service is an option since you do not have to invest in a location, employees, or fixed payments. There are many options:
- Haircuts, makeup, nails, eyelashes, etc.
- Laundry, ironing, and dry cleaning
- Car maintenance
- Personal trainer
- Home cleaning, clothing cleaning
- Cutting and bathing dogs and cats
- Image consulting
And surely you can think of some more. The important thing is to let your imagination fly.
15. Cleaning agency
Who likes to clean? Not me, and it is difficult to find responsible and honest people to do the chores that you prefer to do yourself. For this reason, starting a cleaning agency is a great business. Of course, you will have to solve that problem, but it is possible that you will have less turnover by giving them benefits and better salaries.
16. Event decoration
There is a huge market for event decoration:
- Sweet or savory tables
- Cheese, wine, or chocolate platters
- donut wall
- Shot carts
- Personalized thermoses
- Curtains for photos and photo booths
And many more things that are becoming fashionable.
17. Summer courses for children or everyone
Sporadic or intensive courses are a great source of income for some people. I recently went to an intensive course in my city that taught me a lot, and I found out about it through ads on Facebook. If you are good at something specific, you can teach baking courses for children, importing, computer repair, dancing, vegan cooking, healthy desserts, handling tantrums, etc.
And what business ideas do you think of? Which ones have worked for you, and which ones haven’t? Tell me in the comments!
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