If you’ve been wondering how to start an online business with no money and you happened to have found this web page on my site, then consider this a very good day for you 🙂 … especially if you are the type of person that is willing to put in the necessary amount of work that goes into building a solid online business with no initial startup money. If you’re looking for millionaire by tomorrow easy push-button pie in the sky type of stuff then I’m sorry. I’m afraid I can’t help you. What I’ll be exposing you to is not rocket science though. In fact, it is quite simple to understand but it does take quite some effort and consistent dedicated work on your part.
The key ingredient to online business success!
The lifeblood of any type of online business is traffic – a steady flow of visitors coming to your website exposing them to whatever product or service you are providing. Generating traffic to keep your business running is going to cost you at least one of two things: time and/or money. Of course, our main focus for now is to get started with no money so I’ll concentrate on the time aspect.
Spending our time to generate traffic is what people in the make money online world refer to as “free traffic” – as opposed to paid traffic where we’re spending money to get it. The reality though is that this “free traffic” does have the cost of our time which we have to trade for it. Free traffic generating techniques include things like writing articles for our blogs or submitting them to directories, posting comments in forums with links back to our site, posting videos on youtube with links to our site, blog commenting, and the list goes on. The bottom line is that these things take time to do.
If Traffic is the key to success online, then Paid Traffic is the Master key.
In any case, bare in mind that once you get your business going and you start to see monetary results you really ought to consider reinvesting a portion of your profits back into your business to generate even more traffic. This is how you scale and grow. The downside of “free traffic” is that it is a lot more difficult to scale whereas with paid traffic, once you find a winning formula, you can literally blow stuff up and make outrageous amounts of money in such a short period of time.
How to start a web business with no money.
What I’m about to show is what in my opinion is the best way to start an online business without any money. I say this because this method will result in generating money for you passively round the clock without you actively having to be involved to make the money as would be the case with a service.
In order to be in business, you need a product or service to sell. Now, don’t get disappointed or start to panic in case you don’t have a product or service of your own. If you have one – great! If you don’t, worry not because you don’t need one. The quickest way for anyone to get started with an online business is as an affiliate marketer.
In a nutshell, as an affiliate marketer all you’re doing is selling other people’s products or services and earning a percentage of each sale you make. This means there is virtually a limitless array of products, courses and services out there that you can sell for other people and make sizeable commissions from. The best part is that you won’t have to deal with any customer service headaches. That’s all for the owners to deal with. All you do is promote(generate traffic), make sales and collect commission checks. No need to even worry about how you’ll get paid because 9 times out of 10, there are always third party platforms/networks that have automatic measures in place for you to get paid.
Affiliate marketing is a great way to start and learn the basics on how to operate an online business especially since you don’t have to pay for anything at all to get started -such as the cost of manufacturing products as would be the case if you had your own. With enough affiliate marketing experience, you’ll have a feel for what people respond to and what sells. This will in turn help you when you decide to create your own courses, products or services if that’s something you’d ever like to get into. Personally, affiliate marketing has worked just fine for me and I have no plans to get into product creation any time soon.
In any case, the method we’re going to be using to start an online business without any money is creating a free website around a particular topic(niche) and promoting products related to that niche through our website. Building a website could possibly sound scary to you but with today’s technology, creating a beautiful looking website has never been easier. You don’t need to be coder, programmer, web designer or anything techie like that AT ALL. If you can write, then you’re all set. Executing the process and everything else that goes into building the online business is something you will learn how to do.
So here are the basic steps: