However, I wouldn't recommend you try to do what I did; it took me over 20 years to turn it into an eight-figure business, and I learned a lot along the way. One of the things I learned is that if you want to be an entrepreneur and make money, you have to solve problems. I always tell people that if you want to be an entrepreneur and make money, get up every morning and look at the problems that people have and try to solve them.
So, technically, you'll need some cash to start a business because a llc costs money, but I believe that everyone should have one.
So, if you don't have three or four hundred dollars, save up for it until you do.
So here are nine ways to make money without spending a dime.
1.You could start a training business.
There are people who want to learn new things. There are businesses that require training for their employees.
All you have to do is read a few books, become an expert at something, and start a company that teaches others how to do it.
You can usually charge anywhere from $1,000 to $5,000 for a one-on-one session, and you can charge more if you have a good reputation, but ultimately, all you need to start a training company is the time it takes to read a book and master a skill or technique that other people want to learn.
2. Led-Generation Firm
That's another lead generation company.
What exactly does that imply?
That means that every business on the planet thrives by increasing sales and attracting new customers. Many of these businesses have no idea how to attract new customers. As a result, you could start a business right now that generates leads for your company.
You can literally do some homework online, do some research, get names, addresses, phone numbers, and email addresses, and sell that lead to a business and start a lead generation company right now by doing some homework, doing some due diligence, and figuring out where the people who want something are and where the companies that want those people are and connecting them.
3. Be a mystery shopper.
There are companies that want to put their employees' abilities to the test. They want to ensure that their employees treat their customers in the way that they intended or expected.
So you could literally start a mystery shopping company right now and charge companies to go in and shop their product or service to see how customers are treated and how employees are putting their training into practise.
You can even supplement your training company if you decide to start one, but ultimately become a mystery shopper. All it takes is your willingness and a little time to call a few companies and sell them on the idea of testing their employees, policies, or services to see if they actually happen. This is known as accountability, and companies value it.
4. Establish a social media management company.
Many people today are unaware of the importance of a personal brand.
They don't know how to use social media, and you can teach them how to do so for free. Take some time to learn how to use tik tok and Facebook.
Find out how to place ads. learn hashtags and how to use instagram Learn what many people have failed to learn because they do not recognise the importance of understanding and leveraging social media.
You could literally start a social media management company right now with no money out of your pocket and only a basic understanding of how these platforms work, which ones are the most popular, and so on. And, once again, a lot of this is just information that you need to go out and collect.
Is there anyone out there who has heard of Google? You know, type in google, type in youtube, and learn how to blank and become good at something new.
If you want to make a million dollars, all you have to do is find people who have problems and figure out how to solve those problems for less than you're charging to solve them. Business is straightforward, and making money is straightforward.
First and foremost, you cannot be limited in your mindset. Many people do not believe it is likely that it will be this easy, which is why it isn't, but it is. You can make money today with no money in your pocket by solving someone's problem. You could take a walk down the street. And by the time you got home at night, you'd already solved two or three people's problems for money.
Take that money and reinvest it in yourself and your business, ensuring that you're always learning and evolving, becoming better and more valuable to your customer base, and, of course, taking care of your customers.
5. Become Ghostwriter.
There are many people in the world who are likely to have a storey to tell.
In fact, I guarantee they have a storey to tell. Offer to put that storey on paper for them. Offer to write their book for them. Offer to write their autobiography for them.
You can start a ghostwriting business with nothing more than a piece of paper and a pen, or a computer of any kind, and sell someone on the idea of documenting their life's journey.
It helps with marketing, it helps with personal branding, and it helps with more people appreciating the fact that someone is willing to listen to their entire storey and then put it creatively down on paper. You could start a ghostwriting business right now with no money in your pocket. Alternatively, you could start a copywriter agency where sales copy, nurture campaigns, and email sequences are written.
Start writing copy and reading copywriting books to figure out what people need to hear in order to buy a product or service, or at the very least pique their interest in it.
There are a lot of companies looking for good copywriters.
Indeed, one of the people reading this article right now will most likely be making over seven figures copywriting with their new copywriting business in a couple of years.
They're going to start right now, because if you don't believe copywriting is important, I can guarantee you that when you go to a landing page or see any marketing campaign, someone wrote the copy. Why can't it be you? It's not like it'll cost you anything.
If you don't think you can write copy, just pick up a book or two, take a course, and start doing it. Before you know it, you'll have customers.
6. Take on the role of a virtual assistant.
There are literally so many people who are so busy right now that you could start a virtual assistant agency and charge them $10 an hour to make reservations, pick up their dry cleaning, or do research for them.
Do the things that take time, but that someone has to do, because these companies can't find people as easily as they used to.
So now you call the right person, and they'll hire you as a virtual assistant on a 1099 basis, making you an entrepreneur. Just make sure you charge the right amount of money. Make sure you do what you say you're going to do and that you're prompt, but in the end, almost anyone could benefit from a virtual assistant.
You could solve a lot of problems by simply putting up a label that says, "You know joe blows virtual assistant agency where you're hiring out assistance making reservations typing out letters responding to emails clearing out an email folder, you know anything and everything that the individual doesn't necessarily have time or desire to do," and you could do that and start an agency tomorrow with no money out of your pocket, just the willingness to do the work.
7. Shopify stores with print-on-demand options.
If your brands are good, you can literally set up a store, design a few t-shirts, and start selling them on social media and start making money almost immediately.
If they're not up to par, pick up a book and use your mind to figure out how to make money. It's simple.
It's only a matter of solving problems. As a result, you must stop fleeing from them.
You must stop causing problems by adopting a pessimistic mindset that money is difficult to come by, despite the fact that there is no scarcity of it.
There is simply a scarcity of people willing to go to any length to obtain money all over the world. It's being printed in the billions.
If you want to start a business, the tax benefits alone would make it worthwhile. I know you expected seven, but I just gave you nine, which is why I like to over deliver, and I recommend you do as well. You're looking for a way to make some cash.
You don't have any money to start, but you do have a mind, ideas, and value. If you don't think you have value with just this, pick up a book and start to develop that. Start to learn something, start to freaking transfer knowledge, build a course, start a training company, become a ghostwriter, become a copywriter, you know, start a business that literally only requires your time, expertise, and willingness to do what it takes.
I sincerely hope you do. I would still be working for someone else if I hadn't done it.
If you want to succeed, you must consider the following five factors:
1. You must take a risk or work for someone who will.
2. You must solve problems, which means you must stop avoiding them and begin confronting them.
3. You must pay attention to the feedback and make necessary adjustments. Don't be so laser-focused that you get completely off track because you weren't willing to listen and make some minor adjustments along the way.
4. Continue to improve and become more valuable to yourself and your customers by continuing to develop yourself.
5. Instead of comparing yourself to others, prepare yourself.
Don't be concerned about what other people have, what other people think, or that someone else does not believe it is simple to make money. You aren't one of them. You have the right to your own point of view.
So simply outperform the day before.
Okay, just constantly compete with yourself, progress, and improve, and you'll be fine.