Hey there! So in this blog post, we are gonna take a look at the top 5 profitable businesses you can start with just $100. Doesn’t that sound cool? A whole business launched on a $100 budget. I’m so excited to share this cool unpopular idea with you.
I’ve personally researched all of the methods, and if at any point you get confused or need help with any of the methods, just let me know and I’ll be glad to help.
So, the 5 profitable businesses you can start with $100 are as follows:
Blogging is a really cool way to make money online. Almost all businesses on the Internet have a blog.
A blog is a cool way to share information and it provides multiple streams of income. With your blog, you can make money through display ads, affiliate marketing, paid memberships, sponsored contents, selling products and services, etc.
There are two types of blogs; a free blog and a self-hosted blog. If you are serious about making money online, you should never use a free blog (your blog can get locked at any time, trust me, bad idea).
Self-hosted blogs go anywhere from $4-5 per month, which is pretty cheap considering your $100 budget.
And if you get hosting from them through me, you get FREE WordPress installation here.
Once you get hosting and domain, you can start blogging and work on getting money online.
2. Affiliate Marketing
Affiliate marketing is a form of online business, whereby you get paid commissions for selling other people’s products and services. It is a pretty neat way to make money.
As far as affiliate marketing goes, you can start it with $0, but depending on the promotional method you’re using, you might need to pay for some services like traffic, designs, autoresponders, etc.
If you’re interested in affiliate marketing, you should grab my FREE book that shows you how to make money with affiliate marketing from A-Z, the smart way.
3. E-commerce (Drop shipping)
E-commerce is the online form of retailing. You can sell products and services online on your website or blog.
However, in order to start a successful online retail with $100 budget, you should look into drop shipping.
Drop shipping is a form of online retail business, whereby you function as a middleman. You sell products you don’t have in stock to your customers. When they purchase from you, you go to a wholesaler with their order, pay him and ask the wholesaler to ship the product directly to your customer. Of course you sell the products a bit more expensive than the wholesaler, so that you’ll realize some profits.
It is a cool way to make money online by selling. It takes the pressure off and you can do it on a $100 budget.
Get a FREE 7-day trial, click here.
4. Email marketing
Email marketing is a form of online business, in which you promote products and services to your mailing list (people who have subscribed to receive emails from you).
It is a cool way to make money online, because you can promote products you own or other people’s products (as in affiliate marketing).
To have a successful email marketing business, you need an autoresponder. It is a tool that let’s you collect email addresses and send emails. There are a lot of autoresponders out there, but the one I lean towards is GetResponse.
They provide a really good autoresponder services and you get 30-month FREE trial.
I don’t know anyone that surfs the Internet and isn’t aware of YouTube. You can make money online by creating videos on YouTube.
You can start creating videos on YouTube and uploading them for FREE. However, the money is required to make your videos stand out. You can use your $100 to purchase premium video editing softwares, gadgets for recording videos like headphones, webcam, etc.
There are sites that provide cool cartoon-like video making platforms you can use to create videos.
You can also use the money to hire a professional narrator or voice overs, if you don’t wanna talk in your videos.