6 High Profit Businesses You can Start with Low Capital
By: Buzzer Joseph
Tags: Online Business, Business Ideas, Entrepreneurship Ideas, Make Money Online, Business

There are many business opportunities, but many of them require huge startup capital or even running capital. This most times discourages young entrepreneurs who don’t have such capital. I want to reveal these online and offline lucrative businesses you can start with very little capital.

Low Capital Businesses that Yield High Profit

Crypto Trading and Investment

You can make money by trading Bitcoin and other cryptocurrencies. The concept is to look for crypto coins with good potentials and buy them when their prices are still low. Then when their prices go up, you sell them for profit.

Note that there are two main types of crypto trading: Short term and Long term trading. Day trading is an example of short term trading where you buy and sell the coins the same day. But for long term trades, you buy and hold them for a very long term in order to enjoy higher returns.

So if you have little capital, up to $100, and are looking for a good business to invest in, then you can try crypto trading. It is very lucrative, but at the same time, very risky. Here are some helpful strategies for making money in crypto trading.

Apart from crypto trading, there are other ways to earn cryptocurrencies. Some of them are: claiming airdrops, working on freelance sites that pay with crypto coins. There are also sites where you can do micro jobs like viewing ads, completing surveys, etc.

Self-Publishing Books

Here is another lucrative business that require little capital. There are many online platforms where you can self-publish a book without spending money. This is possible if you have the required skills like: writing the book manuscript, editing and proofreading it, designing the book cover. You can also utilize social media like Facebook, Twitter, Pinterest and LinkedIn to promote your books for free.

The most popular self-publishing platform is Amazon KDP, where you can publish both the kindle eBook and paperback versions of your book and make money. Here is a guide on how to self-publish best-selling book on Amazon KDP.

Blogging and Affiliate Marketing

There are many ways to monetize your blog. You can utilize ad networks like Google Adsense, Media.net, Adsterra, etc. One of the most popular blogging platforms is Wordpress. You only need to register a custom domain name and buy a hosting plan. Most of the plugins you need are free. So with less than $50, you can create a blog and start making money. But you need to build your domain authority by writing quality blog posts and optimize your blog posts so that they rank high on search engines.

Another alternative way to monetize your blog is through affiliate marketing. Here, you sign up to become a marketing partner for a merchant or an affiliate network. Once you sign up, you will be given an affiliate link. You can write a review article on your blog and insert your affiliate link. When a customer makes a purchase on the merchant’s site through your link, you will be paid a commission.

Note that you can also earn money from affiliate marketing without having a blog or website. You can use social media to promote your affiliate link and drive traffic to the merchant’s website. Check out this kindle book on how to make money from blogging and affiliate marketing for a step by step guide.

YouTube Video Blogging

Another popular type of blogging is video blogging. Here you create quality videos and upload them on video social media like YouTube. Once the videos on your YouTube channel meet the minimum requirements for YouTube Adsense, you can apply and get approved. Then Google ads will be displayed in your videos and you start making money.

These days, there are lots of competition in YouTube video blogging. One of the ways to survive this competition is to optimize your YouTube videos so that they rank high on search engines.

Dropshipping

This is a special type of digital marketing where you sell products to customers without having a physical store.

All you need to do is to setup an online store where you will market your products. Next, you research and find products that have high demand or each cheap. Then you enter into contract with a supplier who will supply the goods to you on whole price and take care of the shipping. Your work is to market the products in your online store. When a customer places an order, you forward it to the dropshipper and pay for the order. Then the supplier ships the product to the customer on your behalf. But you and your dropshipper will agree on how to foot the shipping fee.

Dropshipping has been in existence for decades. In fact many online stores operate on dropshipping basis. Some of the platforms where you can find wholesalers who dropship are Amazon, eBay, AliExpress, Etsy, etc. Here is a step by step guide on dropshipping.

Peanut Burger Making

One of the most lucrative businesses that you can start very little capital is peanut burger making. You can start peanut making business on small scale and then expand with time. With less than $50, you can start the business.

It is always advisable to write your business plan from the onset, so that you will be properly guided and monitor your progress. You also need to do proper business analysis and market survey before you go into the business.

Starting the business on small scale, you will use improvise for most of the costly equipment needed in the business like coating machine, frying machine, sealing machine, etc. You can check out the guide on how to start coated peanut making on small scale.

Conclusion

These are some of the online and offline lucrative businesses that will fetch you much money. Choose the ones that suit you, also which your little capital can cover. There are other cool businesses that require little capital.

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