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A very famous quote by Sir Richard Bronson says: “Big businesses start small”. Long ago, people used to hesitate to start their enterprises given the high costs involved. However, times have changed, and today you may start your successful business with almost zero money down.
And it is due to this reason that India is now home to about four million medium and small-sized businesses. Even though zero-investment business ideas may not require money, you need to have the skills to develop those ideas into a scalable enterprise.
Read on to learn about the top 6 zero investment business ideas you can implement without spending a penny.
Do you have a flair for writing? Channel your skill to write reports, blogs, articles, and other content, being self-employed. This zero-investment business idea lets you write for clients from different industries. You can choose your work hours and tasks.
This business is an excellent option for anyone seeking a home-based job with the perk of flexibility in schedule and location. However, as a writer, you must satisfy your clients, possess excellent writing capabilities, and have a passion for telling stories.
You can earn anything close to 3 lakhs and above as an independent freelance writer.
If you are an expert in a specific field, this zero-investment business idea is for you. Depending on your interests, you can blog about things like business, finance, lifestyle, travel and food. A PC and internet connection is all you require to get started.
Other than those, you require writing abilities, solid knowledge and a free blogging platform. Once you begin, there are multiple methods with which you can monetize your blog for the search engines. Google Ad-sense, sponsored content and affiliate marketing are some methods to make money from your blog.
As a blogger, you can earn 3 to 5.9 lakhs and above.
Are you aware that YouTube’s user base has quadrupled in the past few years? It also indicates that the revenues from YouTube have also significantly grown. A stable internet connection, a smartphone camera and a computer are things you need.
This zero-investment business idea requires you to make likeable and compelling videos. You can create videos in varied categories, but the top favourite categories include daily vlogs, reviews, and instructional videos. Once your videos start receiving significant views, you can monetize your channel by becoming a partner, doing sponsored videos and running advertisements.
On average, as a Youtuber, you can earn anything around four lakhs. But this income may keep growing with increasing subscribers and views.
A remarkable zero-investment business idea is to be a freelance graphic designer. You can set up your graphic design business with freelancing websites like Upwork, Fiverr, etc. As a graphic designer, some of the services and products you will provide are billboard designs, logo designs, cover designs and much more.
However, ensure you keep up with the latest software and tools to design besides the changing trends. This way, your clients can get the best results and stay satisfied.
As a graphic designer, you should earn around three lakhs per annum. But, with a rise in experience and skills, your earnings can go up to 6 lakhs per annum.
Do you know that the best zero-investment business idea is for multilingual people? There is a critical need for people who can speak multiple languages in the entertainment and commercial industries. You can work with customers to translate audio recordings, their written stuff or narrate an audiobook.
Therefore, you can profit from your expertise if you have a solid command of more than two languages. As a foreign language translator, this zero-investment business idea will provide you with excellent exposure to a global market.
You can earn INR 4-7.5 Lakhs or more as a freelance translator based on your skills.
If you want to assist a recruiter in administering his/her business, you can always try being a virtual assistant. Being a VA is one zero-investment business idea that lets you manage a company’s online services and schedule meetings.
All you need to have is advanced knowledge related to internet usage and excellent time management skills. This zero-investment business idea guarantees reliable and regular income.
As a VA, you can earn between 2.8 to 5.2 lakhs per annum quite easily.
Starting anything can be nerve-wracking, be it a job, college or a new business. However, with these zero-investment business ideas, you can do a dozen different things. From article writing to affiliate marketing, find your calling and start your business today!
The top zero investment businesses you can do online are web designing, online tutoring, digital marketing and affiliate marketing.
You can start your zero-investment business by following the steps mentioned below:
Yes, there are many advantages of zero-investment businesses. Some of them are: you earn significant profits with minimal investment, you learn, and there are fewer financial risks.
Invest wise with Expert advice
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