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How to Make Money Without Investing a Lot of Money

Dec 20, 2019

How to Make Money Without Investing a Lot of Money
Are you tired of having to rely on your 9 to 5 job for a sustainable income? If that is the case, you might be looking to make the situation different. And what better way to do that than by starting a business on the internet?

Even if you do not have a lot of money to invest initially, there is still plenty of ideas to consider. It all comes down to your desire to work and learn from any mistakes that you make.

Now for those that have no idea where to start, this article should be a perfect guide to reveal to you what are the best current methods to make money online without breaking your bank account.

Print on Demand

Less than 100 dollars is enough to start a business of print on demand drop shipping with Printify. One of the biggest advantages of sticking to this one is the fact that you will not have to worry about inventory. There is no need to hire staff or even deal with shipping and all that.

Your entire focus will be put to marketing and ensuring that you can come up with eye-catching designs. Start with something simple, like t-shirts, and once you get the hang of it, get to expanding with hoodies, mousepads, phone cases, and anything else you can think of. As long as it is something you can print on, you can expect to make a sale or two.

Customer Support

Customer Support
Most e-stores and businesses are looking to hire customer support employees. A company cannot function at 100 percent capacity if you do not have someone who can respond to client questions in real-time. And despite what you might hear, the requirements are not that high for this job. Plus, it will be a great experience.

Affiliate Marketing

Affiliate marketing has been around for quite a while now, and it continues to be a decent source of income. Most first-timers choose Amazon or ClickBank as those have the most products you can choose from, and the pay is relatively high as well.

You do not need to build a full website. A simple landing page or a social media channel will do the trick. It is all about persuading people into clicking the link and spending their money.

Teaching

Teaching
If you have experience in any subject, you can teach it in the format of online courses. That is correct. More and more people are turning to learn various skills on their own rather than going to skill.

Online education has become a source of inspiration for quite a few, and this trend is going to continue growing. After all, the number of people who can speak English is also growing. So it is not just native-speakers who would be interested in learning.

Streaming

Streaming on platforms like Twitch TV, Mixer, YouTube, and even Facebook will only grow in terms of sheer numbers. Younger generations are feeling that they are more entertained watching streamers rather than shows on TV. A good example is the growth of e-sports. Millions of people follow games like DOTA 2, Counter-Strike, League of Legends.

Of course, you do not have to be a professional of these games to stream. As long as you can come up with a plan and think of something that can entertain an audience, you will make money from donations, subscriptions, and even partnership deals with various sponsors.

Blogging

Growing a blog might take some time, but if you are in it for the long term, you should not have any problems. Once your audience grows to a decent size, you can start thinking about monetization.

Most bloggers try to avoid putting ads as they really slow down a website and are annoying but still they make money blogging. Not to mention all the adblockers that are quite common these days. Think about putting affiliate links or even starting a crowdfunding page on Patreon.

Writing/Copywriting

Writing/Copywriting
Learning the craft of writing and copywriting is long and arduous, but if you are in no hurry, you should probably consider giving it a go. Even more so if you are interested in something more creative and fulfilling.

Flipping on eBay

One of the oldest and well-known websites on the internet is eBay. Those that have knowledge about certain products, like used-car parts, can buy and resell it for profit.

All in all, even if you are low on funds, there are plenty of different methods of making money online provided that you are willing to work hard and learn, especially when you fail. And even when you do not succeed at first, move on to the next method.

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