Tue. Oct 20th, 2020
home-based businesses

5 Home-based Businesses You Can Start Without Investment

The advent of the Internet has enabled almost anyone to start a business from anywhere with minimal or even without investment. Gone are the days when people used to think that starting and making money from a business is too difficult. We even tackled some business ideas that you can start at home in a previous post, but here we'll go over some home-based businesses without investment. So, if you're interested in starting your own business at home but don't want to put up a huge capital or hate to invest any money at all, here are some ideas you can go with:

1. E-book Writing


Are you a story-teller who can elaborate a particular subject into a content piece with a nice layout that readers can actually consume and understand? Then you might consider getting into the e-book writing business to earn a living at home without costing an arm and a leg.

Story telling

The first step and probably one of the most important one is to conduct in-depth market research, specifically keyword research to identify what people are searching for online.

Think about a subject you are interested in writing about, get on google or this nifty tool to scout for relevant keywords that you can use to develop your topic based on the subject or niche that you are looking into.

This is an important step because you are also establishing your SEO by identifying the right keywords you want to rank for to attract the right traffic to your e-books later on.

Once you've done your writing and ready to publish, you can create a sales landing page using platforms like Wix or WordPress, so you can sell your e-books.

On the other hand, you may opt to self-publishing through platforms like CreateSpace, Lulu, and Kindle Direct Publishing that allows you to have control over your work while bringing you the right audience for a certain cut once your e-books start to sell.

2. Blogging


Blogging used to be a pastime of frustrated writers or people who like to chronicle their daily lives using web-based journals like Tumblr or Blogspot (now Blogger).

Today, blogging has evolved into a whole new level in the technology industry. Basically, you have two options in setting up – you can either use the free WordPress option or Blogger (a commercial-free platform).

They have fairly the same features and functions, and both can be monetized through their own ad networks.

Aside from the options above, some people opt to use website builders like Wix.com or Web.com because these website builders can create both regular web pages and blog-type pages - so there really is a lot of thinking you need to do should you plan on diving into this business.

Blogger

So how can you earn through blogging without shelling out a fortune? The key is getting free traffic from search engines like Google.

Again, you will need to do in-depth keyword research to find keywords, topics, and niches people are looking for.

Note that there are some other necessary elements that you will have to fork out a few bucks for (like domain name and hosting). These extra costs will depend on your chosen domain name (domain names vary in price) and hosting service provider.

Earn income through ads, sponsored content like product reviews, or affiliate marketing. Learn how to get your first advertiser in this post from an established blogger in the US.

3. Uploading Video Content on Facebook


With billions of daily users, it's no wonder why Facebook has become a popular place to do a variety of tactics to boost business.

Did you know that you can now make good money with videos you upload on Facebook? Social Media Examiner listed these eligibility requirements on how to monetize your Facebook videos.

facebook video

Although there are some speculations as to how this new video monetization feature will play out considering Youtube is the go-to platform in this space, it is worth noting that Facebook is a behemoth in its own right and not going anywhere anytime soon.

So, get your camera ready, create quality content that people will find value or take an interest in, and build your brand as a creator in this space.

To make the most out of in-stream ads, follow best practices, and leverage Facebook's creator resources to get insider tips, expert advice and anything that will make your videos start raking in $$$.

4. New Age Social Media Influencing (TikTok and Instagram)


TikTok (previously known as Musical.ly) is still in its infancy, therefore it is safe to say that people are still defining ways on how to play by its algorithm.

Instagram on the other hand, has gone from a simple photo-sharing site to a full-blown business hub for brands to advertise on by means of paid ads or sponsored content through "influencers" on the platform.

Basically, TikTok users (or influencers) majorly monetizes through sponsored content and ads, just like its predecessor, Instagram. One does not need any form of monetary investment to get onto the platforms.

tiktok

A great following is an absolute factor to be even considered for a sponsorship; on both platforms. Engagement rates are also important to see how a user interacts with his/her audience.
One of the advantages of being in these platforms is that you only need short-clip videos (it can be as short as 15 seconds!) – the flair and creativity put into it makes all the difference.

Plus, it will not even cost you a dime. So, if you have an eye for creative content and think you can build a good following, sign up for both platforms and start creating quality content videos (think makeup tutorials, DIY tutorials, hacks, etc.) or share aesthetically-pleasing photos.

The more followers and engagement you have, the more likely you will receive sponsorship and partnership proposals from brands big and small.

5. Podcasting (utilizing YouTube)


You might ask why upload on Youtube? That is because most podcasting websites require a monthly subscription from podcasters – which is off the table at this point.

Putting out your podcast show on the world's biggest streaming platform gives you great exposure and access to billions of users who browse content on Youtube every day.

podcasting

Plus, you get instant engagement and feedback through the comment section. What could be better than that?

According to Buzz Sprout's latest statistics, 90 million Americans listen to a podcast every month; and the podcasting industry saw a 120% growth of American weekly listeners over the past four years. 

You don't need intricate equipment for this. 

You can record high-quality audio or video with just your smartphone. Pick out a tripod to keep your device steady.

Podcaster topics can be about anything.

A podcast can monetize content almost the same way as bloggers do, like offering discount codes to their audience when they purchase products/services through the podcaster's links (aka affiliate marketing), sponsored content, product reviews, and setting up pay-per-click ads. 

Growing your brand or show on Youtube will not happen overnight. You may even have to double your effort at the beginning to be eligible to monetize your channel.

But over time, a healthy library of content in your channel can turn into a serious revenue stream.


Parting Words

If you have been visualizing having your own home-based business, now is the right time to do it. Stop delaying and get to work. All you need to do is take the first step, and you will be amazed by how much you can accomplish when you set your heart into starting your journey to financial freedom.


Which one of these home-based ideas intrigued you? Have any other ideas that are not on this
list? Let us know in the comments below.


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13 thoughts on “5 Home-based Businesses You Can Start Without Investment

  1. Blogging has always been on my mind for over 3 years. I tried learning everything I could learn but it seemed a bit more difficult than I imagine. The problems with getting traffic to the site is a huge one and that is one area that I need help with. I am glad I came across this. Thank you for posting this well researched article 

  2. Great ideas! I like that these are all real ideas that require time and effort – no get rich quick miracle schemes. That’s really just not something that is feasible in the modern internet era. 

    I’m hearing a lot about TikTok lately. My boyfriend’s 13yo son is always on it. Will have to check it out! Thank you! 

  3. An excellent article. I have seen a lot of videos on youtube about that topic. There are literally thousands of ways how to start a business at your home but those in your article are really the best ones. A lot of home businesses require an initial investment. For someone who has no job and no income can be challenging, as there is no guarantee for success.

    I think an ebook is a good choice because it can generate passive cash flow for quite a long time. I would add photography as an option. All you need is to educate yourself on how to take great pics. There is a great demand for them on the market.

    1. Yes, that’s true Alex and if you can target a very particular niche with the ebook you write then that’s basically untapped potential there.

  4. Many thanks to you for sharing such an excellent article with us .I’ve been working in the online world for a long time, and I think staying home without investing any money is the best way to make money online. I love writing books and e-book writing is my favorite .Viewers like my story very much .And I think the e-book writing business without spending any money is very nice to me .I set up SEO by choosing the right keywords to bring in enough traffic .Currently I am successful in my business .Since I am a girl, I think it’s the safest place to do this business at home .Plus I got some ideas through your articles that I can start at home without investing and I will start blogging my favorite soon and will definitely share my new experience with you.

  5. Home-based businesses are always things I’m looking to get into and especially ones that offer minimal to no investment upon startup. As such I am really glad to have found your post here as you have presented some excellent ideas for getting started. From your list I am especially interested in TikTok and Podcasting at the moment. With TikTok I see that like with Instagram it is crucial to have a large and quality following. As far as podcasts go it’s good to know that 90 million Americans listen to podcasts each month and that you can do it right from a smartphone. What I like about podcasts is that there are so many topics to discuss and one of my favorites is comedy. I’ll definitely save your post for when it’s soon time to take up these  new ventures. Thanks for the excellent recommendations on low-investment work from home jobs!

  6. Hi Danielle,

    I really enjoyed your list of home based businesses – it’s really great you’ve made a list of them where you don’t need any capital to get started.  It allows those of us with a streak of creativity to be able to break into the home based business world without having to take another degree or anything!

    It’s great to have the encouragement – I’ve often thought about writing and e-book or blog about my experiences and I may well start the book after reading your article.

    Really simple presentation and really readable content! Thank you!

  7. This really explanative. I am very good in story tellivng and ofcourse writing. Years backs I used to write stories for Comics Magazines but really didn’t make anything good out of it. I am really interested on the E-Book. I certainly will have to give a trial. The Video Podcast sounds promising but for the Tik Tok, it flows well with my Niche.

    Thanks for the Article

  8.  I’m glad I found this article. Currently, most people are interested in home-Based Business, especially Women are interested. Through an internet connection, everyone sitting at the computer is doing business comfortably and earning money. I am also interested in home-based business and I think, your guide will help me a lot while choosing the best home-based business for me. I hope I will get marvelous outcomes from your specialty guide. I am going to bookmark it. Thanks for this post. I am very happy I got the chance to read this and hope the best for you and your site in the future.Thank you so much for sharing with us such a beautiful article.

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