Starting a business takes a lot of cash flow and capital, right? No! Most of us mistakenly believe that you need to spend a lot of money in order to start a business on the side. But the reality is that with today’s technology you can launch a side hustle with little to no investment.
Whether you’re hoping to quit your job in the future or simply want to earn extra money on the side, you have options. If you want to learn how to start a business with no money, here are the best jobs to get started.
How to start a business with no money
1. Amateur photographer
Unlike in the past, you don’t need to purchase expensive cameras or other equipment to become a photographer. With just your phone’s camera and a few good photography apps, you can start earning money selling your photos. Sites like iStock Photo and Alamy pay a royalty percent to all photographers with photos to sell.
Blogging offers multiple ways to earn additional income with little financial investment up-front. You’ll need to buy a domain and invest some time but it can pay off quite soon, often within a year if you are truly dedicated to the craft.
Focus on creating a niche site and partner with companies for direct advertising or affiliate marketing relationships. You can even create and sell your own digital products and guides that will help readers overcome a particular problem.
If you have a background in finance or enjoy crunching numbers, becoming a bookkeeper is a great choice for earning extra money. This is a job that can be done virtually with multiple clients as well as working in an office part-time for a small business.
There’s no shortage of parents and pet owners who are looking for help taking care of their loved ones. Offer to babysit kids or pets on weekends to bring in some extra cash. There’s little money needed upfront as long as you enjoy being a loving caregiver. Check out sites like Care.com to get on their approved sitter list.
5. Coach or consultant
If you’re an expert in a particular field or industry, consider offering coaching or consulting services. Some consulting ideas include resume or cover letter reviews or career coaching.
With platforms like Clarity you can set your own price and start earning money from your coaching or consulting offerings right now. Basically, if you have specific knowledge and advice that people will pay for, you can become a consultant or coach.
With the plethora of free resources online and access to sites like Treehouse, it’s easier than ever to learn how to code. From programming mobile apps to setting up custom websites, a coder is always in high demand. Plus, you don’t need to have a design eye like a graphic designer does, since coding is all about function.
7. Freelance writer
A freelance contractor can offer multiple services such as writing, editing, and other content creation help. As long as you have a good working computer and access to WiFi, you can help clients produce content for their website and other tasks to keep their online business running smoothly.
8. Graphic designer
Unlike a coder, a graphic designer is heavily reliant upon artistic skills and personal expression. You can work with local businesses to produce print campaigns and other media for advertising, or complete online design work for websites and other marketing promotions.
There’s a good amount of opportunity to earn extra money as a local housesitter for jetsetters and travelers near you, but you could also use this as an opportunity to get free lodging when you’re traveling around the world. Put an ad on Craigslist that you’re a dedicated housesitter, or check out sites like HouseCarers to find jobs in your area.
Moving or hauling away junk is never a fun thing to do. Oftentimes most families don’t have the time, energy, or trunk space to take care of this chore on their own, so you can step in and offer to take over.
With a small bit of advertising around town and in your local newspaper, you could start moving or hauling jobs this weekend.
11. Mystery shopper
Companies will pay individuals to test out their service, check on the condition of their store, or even spy on the competition. In exchange, you could get food, swag, or cash. Most mystery shoppers have to be verified and may have to take a couple tests to qualify but other than that there’s not much else needed to get started.
There are lots of different ways you can help tutor or teach potential students about a specific topic. Udemy, for example, is an online academy that allows you to create your own lessons to help students. In addition, you can offer in-person or virtual tutoring in school subjects via paid Skype sessions or Tutor.com.
13. Virtual assistant
If you’re an organized person, you can help clients and small businesses streamline their processes and set up organized systems as a virtual assistant. Help book travel plans or reply to emails and in exchange, you can set your own hours and work remotely. To get started all you really need is a LinkedIn profile or portfolio website, so potential clients can see your past experience.
14. Yard sale flipper
This is a great side hustle to work on a Friday or Saturday morning. Armed with your local paper, make a list of the yard sales in your area and start shopping.
You’re looking for designer clothing and accessories, musical instruments, electronics, or any other valuables that you can buy low and sell high. Double check the potential selling price using the eBay app or do a quick search on Google.
The key to balancing a side hustle with a full-time job is all about time management and organization. Begin with these ideas and you can learn how to start a business with no money — fast.
Interested in refinancing student loans?Here are the top 9 lenders of 2022!
|Lender||Variable APR||Eligible Degrees|
|1.74% – 9.51%1||Undergrad & Graduate|
|1.89% – 6.20%2||Undergrad & Graduate|
|2.05% – 5.25%3||Undergrad & Graduate|
|1.74% – 7.99%4||Undergrad & Graduate|
|2.24% – 7.99%5||Undergrad & Graduate|
|1.74% – 7.99%6||Undergrad & Graduate|
|1.86% – 7.98%||Undergrad |
|1.74% – 7.99%7||Undergrad & Graduate|
|2.24% – 9.23%8||Undergrad & Graduate|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount
The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.
To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of June 1, 2022.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
All credit products are subject to credit approval.
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.
Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.
Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.
Interest Rate: A simple annual rate that is applied to an unpaid balance.
Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of April 29, 2021. Information and rates are subject to change without notice.
3 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of 5 years and is reserved for applicants with FICO scores of at least 810.
As of 5/17/2022 student loan refinancing rates range from 2.05% APR – 5.25% Variable APR with AutoPay and 2.49% APR – 7.93% Fixed APR with AutoPay.
4 Important Disclosures for Navient.
5 Important Disclosures for SoFi.
Fixed rates range from 3.49% APR to 7.99% APR with a 0.25% autopay discount. Variable rates from 2.24% APR to 7.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates on 5-, 7-, and 10-year terms are capped at 8.95% APR; 15- and 20-year terms are capped at 9.95% APR. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi.
6 Rate range above includes optional 0.25% Auto Pay discount. Important Disclosures for Earnest.
Student Loan Refinance Interest Rate Disclosure Actual rate and available repayment terms will vary based on your income. Fixed rates range from 3.24% APR to 8.24% APR (excludes 0.25% Auto Pay discount). Variable rates range from 1.99% APR to 8.24% APR (excludes 0.25% Auto Pay discount). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the rate published on the 25th day, or the next business day, of the preceding calendar month, rounded to the nearest hundredth of a percent. The rate will not increase more than once per month. The maximum rate for your loan is 8.95% if your loan term is 10 years or less. For loan terms of more than 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95%. Please note, we are not able to offer variable rate loans in AK, IL, MN, NH, OH, TN, and TX. Our lowest rates are only available for our most credit qualified borrowers and contain our .25% auto pay discount from a checking or savings account. Let us know if you have any questions and feel free to reach out directly to our team.
7 Important Disclosures for Purefy.
Purefy Student Loan Refinancing Rate and Terms Disclosure: Annual Percentage Rates (APR) ranges and examples are based on information provided to Purefy by lenders participating in Purefy’s rate comparison platform. For student loan refinancing, the participating lenders offer fixed rates ranging from 2.73% – 7.99% APR, and variable rates ranging from 1.74% – 7.99% APR. The maximum variable rate is 25.00%. Your interest rate will be based on the lender’s requirements. In most cases, lenders determine the interest rates based on your credit score, degree type and other credit and financial criteria. Only borrowers with excellent credit and meeting other lender criteria will qualify for the lowest rate available. Rates and terms are subject to change at any time without notice. Terms and conditions apply.
8 Important Disclosures for Citizens.
Education Refinance Loan Rate Disclosure: Variable interest rates range from 2.24%-9.23% (2.24%-9.23% APR). Fixed interest rates range from 4.29%-9.73% (4.29%-9.73% APR).
Undergraduate Rate Disclosure: Variable interest rates range from 5.37%- 8.81% (5.37% – 8.81% APR). Fixed interest rates range from 5.87% – 9.31% (5.87% – 9.31% APR).
Graduate Rate Disclosure: Variable interest rates range from 2.24% – 8.75% (2.24% – 8.75% APR). Fixed interest rates range from 4.29% – 9.25% (4.29% – 9.25% APR).
Education Refinance Loan for Parents Rate Disclosure: Variable interest rates range from 2.24%- 8.40% (2.24%- 8.40% APR). Fixed interest rates range from 4.29% – 8.90% (4.29% – 8.90% APR).
Medical Residency Refinance Loan Rate Disclosure: Variable interest rates range from 2.24% – 8.75% (2.24% – 8.75% APR). Fixed interest rates range from 4.29% – 9.25% (4.29% – 9.25% APR).