Alex Mendoza
Starting a business is a very tiresome process, especially since you have no idea what you’re doing. Even more so if you’re just starting out and don’t have enough of a backing to give you that initial push. That doesn’t mean you won’t make it without money, though! By the end of this article, we’ll make sure you’ll have a few business ideas that you can start and grow for cheap or even free.
Blogging
Start a blog and build an audience; many a successful business started this way. It begins with a domain name, then hosting, and then you’re off to the races. Now there are free options now-a-days to building this type of process. However, if you’re serious about it, you can at least spend a few dollars on getting yourself a proper dot-com domain. Creating a blog and building an audience is the most valuable education you can get in your early days. It will force you to learn so many useful skills like how to brand, how to promote, and how to monetize a website, among others.
Event or Holiday Planner
We live in a busy world and people are outsourcing everything they can think of. Figure out what people are not willing to do themselves or simply can’t do that well, and you have yourself a business. And it so happens that one of these is planning out holidays or events. In fact, there are even companies that specialize in doing this, figuring out itineraries, venues, and even the ambiance necessary to make the event or holiday extraordinary. And since surveys show that these companies are making a killing by being booked this year, it’s safe to say that these services are still highly in demand.
Dropshipping
Dropshipping is a beautiful thing, because you can make money without doing any of the heavy lifting. How does this work? Let’s take a look at Kylie Jenner’s cosmetics empire. Basically, she started by first finding a supplier who takes care of everything, from production, to packaging, to delivery. Then her team set her up with an online store where they listed her products. Her only job is to promote the website and those products. When an order comes in, it gets directly sent to the supplier, who fulfills it on behalf of Kylie. Her company gets the money from the sale, and they pay the supplier a fraction of that amount at the end of the month. Everything else is hers to keep. By paying it right, you can achieve similar business feats.
Conclusion
It’s not money that makes a business successful, but the time and effort put into it by the people who are the business. Money just speeds things up. If you have it, make sure to use it. But don’t expect to just throw money into your business and expect it to succeed. For that, you’ll have to get creative and give it your all.