Low on Funds? Here Are 3 Businesses That You Can Start With No Money

Sunday, October 18, 2020 Work Online

The internet is a great blessing for entrepreneurs who wish to start young. It has leveled the playing field for people who aim to set up a startup an

The internet is a great blessing for entrepreneurs who wish to start young. It has leveled the playing field for people who aim to set up a startup and finance projects with almost no savings. All you need is a killer business idea and a computer with an internet connection to get the rest of the job done.

The best part about starting an online enterprise is that you get to be your boss, set your own time, hire whoever you like (or no one at all), and brand your brainchild the way you want.

There’s no hard and fast rule about how to run an online business from home; you learn and make your own rules with trial and error. It’s all about taking the risk and putting your business out there (with a classified ad on our platform).

Still shocked as to how it’s possible to start a business with no money? Read on to solve the mystery. This blog will detail some business ideas that require no financial investments to be up and running.

Delivery Service

Whether it’s picking up medicines from a pharmacy for a customer’s aging parent or delivering a lunchbox to a child at school, people always need someone to run small errands.

Traveling in big cities like Lahore and Karachi is a hassle, especially during rush hours! People don’t want to turn the key in the ignition or pay the fare to a Uber driver to go themselves; they prefer someone else doing it for them.

And you can do it. All it requires is a means of transport (you can use your car or bike too, and the customer pays for the fuel). You need to pick the parcel from one party and drop it off at the destination, and that’s as simple as it gets. 

This way, you don't have to stock inventory or pay a fixed cost for storing or saving it. You get paid on the spot and be on your way! Once your business grows, you can even expand into shopping for customers on credit and charge a service fee on top.

 

Teach a Skill

With schools and offices off, urban residents have a lot more time on their hands that they used to spend traveling. Digitizing everything from grocery shopping to fashion buys has forced people to stay indoors during the pandemic. This new way of life is not only crucial for flattening the curve but also for online businesses to soar.

Service providers who can offer tutorials of necessary skills such as cooking, sewing, knitting, DIY electrical work around the house, or mechanical chores online are in demand. People are searching for ways to make a homemade mask and how to fix a fused bulb on the daily.

But finding a quick and easy tutorial of it rather than reading five (incomprehensible) steps of doing it is preferred. If you’re someone who can offer these services online for a minimal charge, people will flock to you. The incentive for them is to save money on paying costly service charges to someone and learning something new, and for you, it’s the money.

Become a Blogger

If you have a knack for addressing a virtual crowd through your Insta stories or YouTube channel, blogging is your way to make the green. All you need to do is create a public account and start posting content about anything that you feel strongly about. 

There are already way too many beauty, food, and fitness bloggers out there with a massive following. If that's something you want to do as well, find a unique niche. It could be about beauty grooming with hijab styling, hair styling with bold haircuts and silver hair, or fitness for people above 50.

People are looking for unique, personalized stories of body transformation. They value genuine advice, fun content, trendy posts, regular updates, open communication, and (of course) pleasing aesthetics. Pump your blogging with these power ingredients and see it to monetization!

Need a place to start? Post a free classified ad here.

GoCheapShop is a growing online platform that offers free local ad posting services for classified ads. Our online advertisement website helps you find the audience for your new business and advertise your services.

We offer various categories for local ads, so you can choose whichever one suits your ad campaign. Join us today!