Business ideas that require little or no capital.

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This is a great entry point or those who want to pick up a side hustle without having to drop everything else.

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Photo credit: Mwabonje.

The idea of starting a business is stimulating at the beginning. Later on, you worry about the risk and likely hardship that comes with financing your business. There’s a popular belief that you need a lot of money to actualize it. These days with the use of technology, starting you own business isn’t as hard. Which means, no capital? No problem.

For beginners this is a great entry point or those who want to pick up a side hustle without having to drop everything else. You still need to put effort into marketing, building your brand and the other necessary prerequisites. Take a look at these ideas and find out what you can do:  

1. Online clothing store

If you have always wanted to own a clothing line then it’s time for you to consider this. People prefer to shop online which is convenient for their busy schedule. The online space is large enough for you to create a unique brand. Open and use your social media platforms which will create engagements and attract potential clients. You do need some cash to purchase wholesale clothing.   

2. Affiliate marketing

This is the process of earning a commission by promoting other people’s or company’s products. Becoming an affiliate marketer requires you to have an online presence via Facebook, Twitter and Instagram account. The audience may be inclined to click on the affiliate links you post. To begin find and join an affiliate program then choose offers you can promote. 

3. Freelancer

The four known freelancing genres include design, writers, marketer and developers. If you have any of these skills that are highly sought after, then this is a way to make money. Create a solid portfolio and sell your services based on your value. 

4. Consultant

In this business you are providing expert advice to a specific group of people. Consulting firms vary such as technology, advertising, marketing etc. You can earn more if you have experience and knowledge on assessing an issue and offering solutions which improves results in the businesses.     

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    Selinah | December 14, 2020 08:01

    Thanks. Will try the online store or freelancer position

    Edward muiruri | October 02, 2020 04:42

    Yes affiliate

    Joseh | September 28, 2020 08:00


    EKENO | September 24, 2020 08:58

    affiliate marketing seems interesting

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