This post may contain affiliate links.We may earn little commission or products from the companies mentioned in this post.
Starting a journey towards financial freedom can be tough. Especially when your income is low and you struggle with a lot of financial instability. You know fully well that starting your own business is not only the right step to take but your best bet to making more money and earning financial freedom. However, you are faced with the challenge of funding this dream and still getting by. Today you will be seeing some of the easiest online businesses you can start. What makes these online businesses easy is not just the starting but it involves little or no capital in some cases.
These easy online businesses can be set up and launched in less than a week. You get to invest in them at your own pace. They require more of your time for you to start earning and seeing results. The advantage of an online business is that you don’t have to physically approach your potential clients. You can do it in the comfort of your house, behind your phone, or on a PC. But this is by the way let’s fully understand what an online business is.
What is an online business?
In simple words are online business is a business created, developed, and managed on the internet. It is like any other physical or offline business as it also requires start-up capital, space, resources, and even workers. But all of it is done remotely and on the internet.
Is online Business real?
Online business is one hundred percent real. As silly as this question may sound I believe it is very important and necessary. A lot of things are going on on the internet and a lot of people have made bad investments or fallen into the wrong hands in their quest to make extra money online.
I’m not here to tell you the authenticity of every online business because every business comes with risk and you should know that since you plan on starting one.
However, every online business listed here is a low-risk business. Not because you might not put in some investment but it’s not a huge investment. Some you can start with little or no money to the point you start seeing some income then decide to invest more.
Also, online businesses are not a get-rich-quick scheme. Be ready to learn, unlearn, be patient, and be consistent.
Good Reasons to start an Online Business
Starting an online business can be cheap. Even though it depends on a lot of factors like what kind of online business you want to start. With less than $100 you can start a business online and as it grows you invest more in it. Learn how to source for financial capital to start your business in this article.
You don’t need to employ much labor. You can start all by yourself and later invest in having a team. But for business advice, don’t try to do everything by yourself. When the needs arise to get help please do so.
It’s online hence it is mobile. You can be traveling and still be making money. It is the most flexible business you can ever start.
It’s not a job you have to report to by 8 in the money or a physical store that needs to be opened by 7 in the morning. It works with your time. There is no doubt you have to invest some time in it but it can be on your own terms.
You can start an online business even when you still have a full-time job.
Now let’s see the easy online business you can start with no expertise and a low income.
What online business can I start?
There are hundreds of good online businesses that are profitable and successful over time. However, this list comprises carefully selected easy online businesses.
As I mentioned earlier these online business ideas are easy first because little money is required to start, you don’t need to be an expert, you invest more as the business grows and they are literally easy to start.
Therefore here are the 10 easiest online businesses you can start right now if you wish to. Well, make sure you do your own in-depth research before you begin just to be on the right track.
1. Blogging an easy online business
Why is blogging an easy online business to start with a low income? It is because blogging is the easiest online business to set up. As a matter of fact, you can start it with zero capital on platforms like WordPress and Blogger to mention a few, and start making a lot of income from it.
However, to fully explore the many ways to make money blogging. It’s advisable to start it self-hosted. So you can have complete control over your blog and its income.
If you have a blog and you are struggling to grow it perhaps you should consider reading this An easy blueprint to owning a successful blog.
However, if you don’t have an existing blog and want to try blogging as a side hustle learn how-to here.
2. Freelance Writing
Freelancing is a perfect side hustle to start for extra income. When you are a freelancer it simply means you are self-employed.
There are advantages and disadvantages to freelancing but I tell you the advantages are greater. Read more about it here.
You get to work at your own pace and time and with your own pricing. No one is the boss you hence, you can grow unlimitedly. All you need to do is to set up your profile on some platform, stating out your services and prices. But before you do that how about you learn how to make money freelancing from an expert who makes a lot from it.
In a simple definition, Dropshipping is when you create an online shop for products you don’t own. When an order is placed you direct it to the merchant store and they process the delivery to the consumer/customer. You make your profit, the merchant store makes a profit too and you both smile at the bank. With this simple explanation, I am sure you have an idea why it is an easy online business you can start. To fully understand what Dropshipping is all about, read this
Why Drop shipping is an easy online business
You don’t need to purchase the goods you display in your shop. All you need is a merchant store where you get your product from.
An actual or physical shop is not needed so you don’t need to hire a team of staff, pay electric bills, or rent.
You don’t handle delivery, that’s a lot of stress taken off your shoulder.
The only expense for starters you might incur is setting up your online store or e-commerce blog. Where you can display the goods you have for sale and for people to see and place orders. Which the cost can’t be compared to renting an actual warehouse or owning the products you sell. If you are considering Dropshipping learn how-to right here.
4. Virtual assistant
A virtual assistant is anyone who offers administrative assistance remotely without having to be present in a physical office. This work usually takes place on the internet as that is where you meet clients but not every task is online related.
Virtual assistants do all sorts of administrative work such as appointment setting, flight booking, research, data entry, survey, outsourcing, etc.
Why virtual assisting is an easy online business
It is a profitable online business as you charge by hours and you are in control of what that price may be depending on your level of expertise.
All you need is some basic knowledge of computer skills using some software such as Microsoft or related ones. Good oral and written communication skills. Self-discipline which you will need a lot.
5. Social Media Influencing
Social media influencing is a good online business you might want to consider and you don’t need to have 100k followers to make it work for you.
You will be working with brands and sometimes what these brands need is engagement. With a low following, let’s say at least 1000 followers and good engagement you can be landing yourself some good sponsorship and collaboration.
6. Online course creation
Online course creation is a trending and very profitable online business at the moment. As a blogger, I promote a lot of them through affiliate marketing and I make good commission because they are actually selling. Prices of online courses can go from as low as $30 to over $700. Depending on what that course has to offer and trust me when I say people are purchasing courses every damn day.
You don’t need to be an expert as such. But you need to have experience and be very knowledgeable in the field which you plan on creating a course for. And your online course should provide solutions to existing problems.
If online course creation is your thing all you need is a platform like Teachable to host your courses for you.
7. Online Tutoring
Online tutoring has been a successful business even before the pandemic. As a teacher by profession, I came to know about its earning possibilities in 2018, and until now it’s a great side hustle and a full-time business if you choose to make it so.
English tutors and other language tutors are hot cakes on the internet. Besides, it doesn’t stop at languages alone. If you are skilled in any subject area all you need are online tutoring sites like eTutor world, Learn to be, and Preply (for languages)
8. Social Media manager
A lot of business owners don’t have the time to do all that is required to grow their businesses. Such as Social media. And we know how growing a social media page needs patients and consistency.
That’s when you that social media savvy person capable of managing and growing those pages come to the rescue. You take the responsibility of creating the content on those pages and promoting the business. Social media content creation is also an online business of its own. Now you see the earning potential of this business.
Why social media managing is an easy online business
If you have successfully grown your own pages on different social media platforms and you are social media savvy this online business becomes easy for you.
You can learn on the job. Even if you are not social media savvy but you enjoy the concept of social media and you are a fast learner. you can be a social media manager. there are tons of resources that will show you how to do it.
It’s a business you work on your own terms and set your prices for the services you will render. You might start by signing up on sites like Fiverr where you register your services but as time goes own you really won’t need all of that.
9. Start an Online shop
online shop or stores are eCommerce websites such as Amazon, eBay, and Alibaba. You can create one for yourself and make it a successful online store. This time around you sell your own products.
You can start an online craft shop, a T-shirt shop, or an art shop. Depending on what physical product you make or sell. Even though you can start your own self-hosted eCommerce store you start by having one on platforms like Etsy or Shopify.
Starting an online store is a full-blown business, not some side hustle you want to joke with. So do your research, know the dos and don’t and you will soon be smiling to the bank.
Any online business could have made number 10 on this list but remember this list is all about the easiest online businesses anyone can start and proofreading is one of them.
If you love to read be it books, articles, journals, research, or documentaries then this business is perfect for you. it requires a lot of careful reading to make sure content is ready for publishing.
You don’t have to be an expert before you proofread you just need one proofreading job well done that will set you up for your next clients and the ones after. You can start in places like Upwork or you can find listings on Work From Homesites.
How to start an Online Business
You have gone through the list and you are excited about one or two or three of the online business listed above and you are ready to give it a try. But before you do that, here is a little guide to help you be on the right track in starting a business online.
1. Choose a business
Pick a business that suits you. Remember one of the best ways to be successful in doing what you love. Hence, pick an online business you will enjoy developing and growing. Plus remember discipline and consistency.
2. Research the business
Research or else you will end up making bad investments even for a good online business with limitless potentials. Your research should help you come up with a good business plan.
3. Brand your business
Branding is not all about creating logos or flyers for your business. It’s about clearly stating out your good and services. The offer you bring, the solution you have, and who you have them for. Well, don’t forget the logo your business and brand need to be captivating visually.
You will need an online business card known as a media kit. Where you summarise what your business has to offer the solution it promises and the pricing plan. You send this to clients who reached out or when pitching to a company you would like to work with.
4. Begin to Promote your business
Build your online business presence by having business pages on social media platforms. Promote yourself until you land that first client which will eventually lead to more clients.
Nothing too extreme from the beginning but make sure you keep putting out words about your business.
Here you have your list of the easiest online business to start. Anyone can start these businesses with little or no money. with or without expertise. Just a person ready to start a journey towards financial freedom by start a business online and ready to do what it takes to make that dream come true.
Not every online business is capital intensive and if you want to start your journey to financial freedom. These businesses are your best options. I started my blog with pretty much nothing and I have learned how to run it cheap till it started making me some money and now I have no doubt to invest more into it. You can do the same to any business online.