A lot of people with good business ideas are most often discouraged because they do not have the capital to start up. As a result, many give up on pursuing their dream business. In the real world, businesses give birth to other businesses. There are many legit businesses to start with zero capital, which would help you generate enough revenue to start up your dream business.
Alternatively, you can also apply for grants, loans, and crowdfunding to generate revenue for your dream business. One may be wondering if it’s actually possible to start a business with zero capital. The answer is “YES”.
Some of the businesses which you can start with zero capital include:
1. Resale Business
This type of business requires zero capital. The idea is this: you would help people to source and buy products, and then you make a profit. You could use dropshipping to carry out a resale business. Websites like Shopify, Amazon, AliExpress, and Alibaba provide you with an avenue for resale business.
Read Also: What Dropshipping is
2. Shared-economy business
This business involves using what you have to render services. For example, you could use your car to provide services like Uber or rent your house out through AirBnB, or you could find other services that you could provide with what you have already at hand.
3. Creating Content
Websites such as fiverr, Upwork, and freelancer.com allow you to earn money with your writing skills for free. You can also opt in to be an editor, artist, videomaker, or photographer. There is no limit to the amount of money that you can make; it all depends on your talent and personal drive.
4. Consulting Business
Do you have experience in a particular field? Then you can start a consulting business whereby people come to you for professional advice, recommendations, and solutions. The consulting business requires zero capital except for your knowledge and experience in that particular field you have chosen.
Read: Steps on How to Start a Small Business
5. Creativity
If you are creative and good in crafts and arts, you could sell your works and make good profits from them. You only need to create good art or paintings to get started. Websites such as Amazon, eBay, and Etsy allow you to sell your creative works and earn money.
Conclusion
If you want to work for yourself but you have zero capital, don’t let that stop you from getting started. The good news is that there are plenty of legitimate ways to make money online with a small investment, or no investment at all. Keep your head up, set realistic goals, and before you know it, you might be on the path to becoming one of those multi-millionaires you see in the media.
