6 Online Business Ideas (With Minimal Investment)

6 Online Business Ideas (With Minimal Investment)

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by Alan Jackson — 4 weeks ago in Business Ideas 3 min. read
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There are plenty of home-based businesses you can start online, but for mothers, it is imperative that the idea requires minimal investment of resources – time and sometimes money.

An online business has numerous benefits – freedom to work when they want, prioritizing family, a side income, and working on something you’re passionate about.

Here are six online business ideas for moms that require little to no investment –

#1. Set up a blog

Blogging is a great way to get started. First, you should identify your niche. It can be something you are really passionate about, like parenting, cooking, fitness, astrology, or you see a gap in the market that you can fill. Next, you want to create an editorial or a list of topics that you will write about and plan those outlines.

Finally, you set out to create your blog using a no-code website builder.

So, how do you make money from blogging?

  • Run ads on your website
  • Become an affiliate
  • Include sponsored posts
  • Create products that sell

The last one may have you wondering if it’s feasible since creating a product takes a lot of effort. Instead of trying to develop the perfect product, you can look at incorporating print on demand services.

A print on demand business requires you to have no inventory. You can partner with a print on demand service that takes care of the fulfillment.

Let’s say you write about brewing the perfect tea, and you have a keen sense of design. You could learn how to design custom mugs with mockup generator on POD platforms such as Printify. You can integrate most print on demand services directly on your website, so they take care of handling and fulfilling orders generating passive income for you.
Also read: Top 10 Trending Technologies You should know about it for Future Days

#2. Set up an eCommerce store

71% of shoppers believe they will get a better deal online than in stores. That suggests an eCommerce store can serve you way better than, let’s say, selling baked goods out of the home.

Shopify is the obvious choice, costing you only $9/month, but plenty of other marketplaces allow you to curate online products and have the company take care of the fulfillment. This is also known as dropshipping.So, what can you sell online?

  • Physical products like custom stickers, backpacks, phone cases
  • Digital products like training programs, 1:1 consulting, eBooks

#3. Become a Youtuber

Become a Youtuber - 6 Online Business Ideas (With Minimal Investment)

If you like creating content and putting yourself out there, take the blog idea and turn it into a YouTube channel.

Once you amass a sizeable following, you can earn money in the following ways:

  • Ads on your video
  • Sponsored ads inside the video
  • Brand deals
  • Affiliate links
  • Subscription to your channel
  • Invite them to your Patreon

To get started with YouTube, you just need a smartphone, basic editing skills that you can learn online, and consistency.

#4. Become an online coach

If you have expertise in a field and like teaching, online coaching is a good approach to start and grow a business.

Nutrition and fitness are always popular topics when it comes to online coaching. But you could also look at helping other moms start businesses, offer positive parenting guidance, relationship advice, and more.
Also read: 2021’s Top 10 Business Process Management Software

#5. Try freelance writing

If you can write and have good research skills, freelance writing is a good way to create some side income.

Even without a background in writing, you can enroll in free courses that teach you everything you need to know about writing, how to start covering different niches, and freemium tools you can use.

The best marketplaces for freelance writers that are just starting out is Fiverr. If you’ve dabbled in writing in the past, you can also try UpWork and People Per Hour.

Eventually, you’ll gain enough experience to branch out on your own and create a website to attract new clients and gigs.

#6. Become a virtual assistant

a virtual assistant - 6 Online Business Ideas (With Minimal Investment)

A virtual assistant (VA) can cover many tasks – managing emails, replying to social media comments, blog comments, booking trips, scheduling calls, and more.

Being a virtual assistant does not require a degree, so you can pretty much hit the ground running.

Most people looking for a VA require a long-term collaboration, so you have a steady income during your contract period.

However, being a VA can be a little demanding because you might have to work for a set number of hours.
Also read: Top 10 IT Skills in Demand for 2021

Final word

Mothers make better entrepreneurs, and here’s why – they already know how to organize and schedule activities, they know how to prioritize tasks, and they can get a lot done in little time.

So, if you have doubts about starting a side business, know that you are already primed to do well.

Alan Jackson

Alan is content editor manager of The Next Tech. He loves to share his technology knowledge with write blog and article. Besides this, He is fond of reading books, writing short stories, EDM music and football lover.

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