5 Different Business you can Start with No Money, and you can still do in 2020 and beyond. So in this video im going to point you in the direction of the business to start with no money but also a business with high earning potential.
5 Different Business you can Start with No Money
Basic: Basic Plan, Skills, Customers
Copy Cat: look at what other people are doing
1. Dropshipping, Reselling, Brand Dropshipping
Basic Info and Story: I’ve tried 3 out of the 3, and all of them have their pros and cons.
Dropshipping: You’re the middle man that makes money and never touches the product.
Example: You list an item for sell on the website and when that person buys you go to another website and buy it for a lower price and ship it to them.
– Alibaba, aliexpress to amazon and eBay
No money: you buy the items with their money
Paul J Lipsky: https://www.youtube.com/channel/UCmeU2DYiVy80wMBGZzEWnbw
Reselling: Selling things online for a higher price, sell stuff you don’t need and then use that money buy clothes, electronics or what you want TO resell online
Brand Dropshipping: This is dropshipping, but by building your own website and creating a brand around that product.
Alex Becker: https://www.youtube.com/channel/UCKQvGU-qtjEthINeViNbn6A
2. Affiliate Marketing – Affiliate Online Sales
Basic Info and Story: I currently do affiliate marketing on this channel through Amazon, and I’ve been approached about sales for the channel but have said no.
Affiliate Marketing: For example, Amazon has a program that when you sign up, you get a kickback whenever someone buys an item with your link. And every month I make an extra 100-200 dollars by giving you guys free audiobooks
Fatkiddeals on twitter: https://twitter.com/FatKidDeals
Affiliate Online Sales: You know Tai Lopez course and all those online courses you get ads for. Well, people work with sales for those and get commission. And that can usually be 50%-80% sometimes.
Example: sell a course for $1000 and make a 500-800 dollars.
Click bank: https://www.clickbank.com/
3. Blogging
Basic Info and Story: I’m currently working on a blog, and basically the idea is you make great content and then use ads to get you revenue.
Blogging: Adsense Revenue by traffic
Sponsored Post revenue
Affiliate Linking Revenue
ProBlogger: https://problogger.com/
4. Content Creator: Video or Audio
Basic Info and Story: This is what I do, well at least one part of it. You can create content and give value for free and get money through ads, sponsored videos and more
Content Creator: You can do youtube, twitter, insta or any platform. But each platform is different and just reposting won’t work.
5. Information Product: reselling Skills
Basic Info and Story: The idea is to digitalise your skills and resell them online. If your good with coding, video creating, making money or any of the business I mentioned here. ( you can take a course and resell it)
Information Product: I’m pretty sure you saw people selling courses for 1000 dollars and even 10,000 dollars ( grant Cardone does it all the time)
– The key is value, if your skill can make someone money, usually you can sell it for more
And: One lady made an extra 60-80k by making a course about cooking sour bread. ( Whatever your good at, and people want to learn how to do it, you can probably make money)
* PRO TIP*
INFORMATION IS EVERYTHING
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2 FREE AUDIOBOOKS
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