Entrepreneurship

Find out more about how to create an automated online business HERE: ➡️ https://www.markethero.live/start-your-journey-todayIn this video i will talk about 5 ways of Starting A Business With Very Little Money. Online businesses are getting more popular and their are now a few ways of Starting A Business With Very Little Money. I hope this video helps.So here’s 5 ways of Starting A Business With Very Little Money1) DropshippingNo handling of deliveries, regular stock checks and no inventory at all, are 3 great benefits to this business.You also don’t have to have a huge warehouse full of products to look after and manage.Your distributor handles most things in the business except the marketing and advertising, which is your responsibility.Before you have a successful site you need to do a few things.First you need to list products on some platforms for example Shopify or Amazon, and then advertise your products.When someone purchases the product, you buy the products from a dropshipper or manufacturer for a cheaper price.The dropshipper or wholesaler sends the products to the customer.So there’s no problem with holding inventory. You need to find a reputable and reliable dropshipper.You can put your own label on the product to get the most out of your business. This means your own brand and less competition.2) Stock PhotographyTo start this business you need a camera and the internet.Identify the type of photography you want to venture into and make sure you have a decent camera and you’re ready to go.Take pictures, lots of pictures and send them to a stock photography agency.The stock photography agency sells the images to buyers. They keep a percentage of the sales and pay a commission to the photographers.Some agencies buy the rights of the photographers for some of their images, so they don’t have to pay out royalties. The photographer gets money for selling the rights for the images.3) ConsultingIf you have a lot of knowledge of a particular subject, then it’s definitely a good idea to become a consultantThis has a very low start-up cost.Setting up your own website, then charging a reasonable hourly fee, would be a good start.If you need extra help advertising, you could always buy the service of something like Google ads, so that potential customers can find you.Business cards are another option. Handing these cards out at live events, with a lot of people around is a good use of your time and will definitely get you leads.Once you start to make profits, you can put that profit back into the business and expand your business.4) BloggingIf you have an interest and passion towards a particular topic, then blogging could be a business you could get involved in.It is possible to get your own free site when blogging and get cheap additional tools that are needed, such as hosting.With blogging you can post videos, photos or even write articles. Your content should have substance with trends, tips and tricks, in your chosen niche.You have to consistently post on your blog and use information that is original and authentic.Sign up for Google networks and affiliate marketing in order to start making good money with blogging.In the future, you could start to sell your own course connected to your niche.5) Affiliate MarketingThere are lots of affiliate marketing businesses out there looking for people to sell their products. The company needs you to go out there, find the customers who need and want the product and sell the product to them.You act as the middleman between the company and the customer.You can earn between 20 to 50 per cent commission on every product you sell, depending on the company.So you are doing all the leg work and finding the customers. That is why companies pay out such big commission. SUBSCRIBE TO MY CHANNEL** https://www.youtube.com/channel/UCNZHPjNFtgxdKgj7crX7Qrw/featured Thanks for your support! 👍 Press the like button 🔔 Share this video with friends and family ✅ Comment if you have any questions Join me on facebook to ask any questions or find out more https://www.facebook.com/matthew.elvin.1272 #mattyelvin FTC Legal Disclaimer – This description may contain affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support. Matty Elvin Market Hero