7 Ways Through Which You Can Earn Money Without Investment
These are 7 ways through which you can earn money without any investment. In all of these you just need to put your effort and use your brain for ideas other than that there is no money needed in them.
1.Dropshipping
Dropshipping is a popular business as the dropshipper doesn't have to worry about the product and its stock as there is no loss. This means there is less risk as they buy from the seller only when they get a buyer. Dropshipping is a highly profitable e-commerce business model and needs really less investment and at times no investment at all. Dropshipping is a supply chain model in which a business can directly ship one product from the wholesaler's warehouse to the customer address without handling logistics and management. In this way, the dropshippers don't need to focus on the product but on their marketing and growth. The dropshippers earn through selling products and earning a heavy commission on each of them. A dropshipper is basically the middle man between the seller and buyer and many sellers sometimes don't even get to know if the person buying is a dropshipper or a customer. The dropshipper buys from the seller directly gets it delivered to the buyer by giving their address in this way they earn a huge profit and at the same time don't have to worry about the product as they don't get the product only track orders.
2.Freelancing
Freelancing is basically when you have a skill like graphic designing, photography, video editing, content writing, or social media management you can use those skills and work for others. You will get paid per client or per project. These skills can be learned through free or paid online courses. You can get clients on Upwork, fiver, freelancer, and people per hour. Another way to get clients is through your social media as you can post about your skill and ask if anyone's interested they will reach out to you. Freelancing needs your work and no investment as you don't need to invest in anything for it other than on ads to get customers.
3.Selling Old Notes
The easiest way of earning money is selling your lecture notes on Studypool. You will just have to scan your documents if handwritten or upload typed notes. They will get approved to check if they are not copyrighted then you will start earning from it in a short time. It's a passive income as you earn $10 per view on your document and Study pool claims that you can earn up to $5k in a month just by selling notes. Also, there is no harm in earning money without doing anything much you just have to upload them. It's very important to make sure your notes are legible, relevant, and high quality for maximum earnings. You can withdraw the money through Paypal, Payoneer, western union, mpesa, etc. For notes as well you don't need an investment only have to upload it.
4.Create Online Courses
If you have the required resources and books for a course or can record video lessons of you teaching a subject you can easily make a course for it on Teachable. It's a platform where you can teach or take courses and other people buy them at the price set which you choose. It's not necessary to teach a subject you can sell cooking, art or any type of course you like. There are teacher entrepreneurs who use teachable to run their courses for almost half a million students online. In this way, you can earn the fixed price you have set on each purchase of the course and when you start with cheap courses more people buy them. For the online courses you have to make content only and for that no money is needed.
5.Website Articles
If you have good writing skills you can start writing articles with any kind of topic but it just needs to be relevant to the audience you're trying to reach. You can create a website for free on blogger.com and for that just see our post on it. After you have written 20 to 30 informative articles you can now create a Google AdSense account and for that also just see our post and follow the steps its that easy. After the Google Adsense account is approved you'll get monthly payments according to the views on your website. For that, the content should be so good that you get organic traffic which is very beneficial as it will boost your earnings. In this way, your own skills will help you earn up to $1k monthly if you are consistent with your posts and relevant content. Same for the website you need to make content only and no investment.
6.Content Creation & Blogging
You can create engaging content for the niche you're approaching and earn through paid partnerships and collaborations on Instagram. Try to get more views by uploading content daily as it will reach out more and you'll gain followers too. The brands pay you according to the views on the post you have uploaded for them so having a good engagement on posts is very important. Blogging can be done on Instagram and on a website. You must be thinking it's too much of a hassle creating a website but it isn't actually, just go to our how to create a website post. For blogging very interesting and attractive content should be written to make the readers read your content as people get bored very easily. When more people start viewing your content then you can apply for Google Adsense and earn through it very easily. In content creation you need a device which everyone has so there isn't any investment for this as well.
7.Youtube
One of the most popular ways of earning money is through Youtube as everyone is aware of it. What you have to do is upload videos daily, when you reach 1,000 subscribers and have 4,000 hours of watch time you can apply for monetization. As people very quickly start earning on Youtube if they have good content so it's more of a frequent way of earning especially for teenagers. For youtube you need a camera for videos thats it other than that no such investment.
If this post was helpful let me know in the comments down below.
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