If you want to know how to start a small business from home with no money, then you’ve come to the right place. This website is full of tips, ideas and advice on running a small business from home online. Now when people say “no money”, it usually means they don’t have thousands in capital to spend on start up costs. It doesn’t usually mean you have no money whatsoever, because every business – no matter how cheap to get started – will cost you something.
In this post I’m going to introduce you to a way to start a small business from home that costs absolutely nothing but your time to begin with, but will require a few very small costs as time goes by. All you need to get started are these three things:
- A computer
- An internet connection
- Some spare time
The Beauty Of The Internet
So many businesses can be run from a home office or virtually anywhere in the world when they are internet-based. Many online enterprises require no office to begin with, no stock, no warehousing, retail stores or any of the other major expenses that business incurs in the offline world. This makes it a veritable haven for entrepreneurs who have very little money to get something going.
The other awesome thing about operating online is the scope of potential leads and customers. If you set up a business that isn’t restricted to a specific location, then you effectively have access to more than 3 billion internet users per day. That’s a phenomenal number of potential customers! Never before has there been a mind-blowing opportunity liek the inetrnet provides.
My Business Suggestion
Try affiliate marketing.
Because it costs virtually nothing to get started. With affiliate marketing you are merely acting as an online sales representative for the products of other companies. You promote them and get paid a commission if a sale is made. It’s so simple. There is no stocking of products, taking orders or shipping anything out. You just promote and get paid. No warehousing or shop fronts, and very little in the way of ongoing business expenses.
What It Will Take To Get Started
Not a hell of a lot. I mentioned three things earlier in this post.
I would add the following as you get going:
- Quality training
- A domain name
- A website
Now before you get hung up on thinking you have to have all these tech skills to build a website, you don’t. The training I’m going to suggest in a minute guides you through this entire process step-by-step. It’s all very logical and quite easy when you are shown how. No tech skills or coding required, I promise you. People in their teens right through to those in their twilight years have successfully set up profitable affiliate marketing enterprises.
On the subject of the training, you can start with a free trial. Most training courses don't offer this, but the one I did does.
So far the only costs you will incur are for a domain name. Usually you can get the first 12 months for a domain name at a bargain price, only about $3 or so.
Therefore, that brings the grand total of getting started in affiliate marketing (assuming you already have a computer and internet) to three bucks!
Now, The Invaluable Affiliate Marketing Training
This is the single most important thing you will do if you want to successfully set up and run a profitable affiliate marketing business online. Without the proper training you will just be guessing what to do and in what order you should be doing things.
I trained with a place called Wealthy Affiliate, and you will find loads of information about this company on my website here. There is some great training out there, but Wealthy Affiliate is the pick of them in my opinion. Best of all, it’s FREE to get started. They don’t ask for any credit card details when you set up an account, and if you ever want to upgrade to their paid Premium Membership, it’s totally obligation-free. There is never any pressure to upgrade (although you will receive some email reminders of the many benefits).
In fact, as a free member you can do the first 10 lessons of their training, which takes you through the important steps of setting up a website. WA even allow free members to build 2 websites and have them hosted for free for as long as you like. You won’t get a deal like that anywhere else, I promise you. That saves you a minimum of between $50-$100 per year just on hosting alone.
Another fantastic thing about Wealthy Affiliate is its members. They are all so helpful to one another, and it really is a great support network. You have a problem with anything at all and other members are more than happy to help you out. It really is a great learning environment that instills a real feeling of success. If you want to learn more about why I recommend Wealthy Affiliate so highly if you want to start a small business from home with virtually no money, just click the banner below to read my detailed review.
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