5 Online Businesses You Can Start (Even If You’re Broke)

Starting an online business has never been easier. See the top 5 online business that you can start even if you're broke.

By Claudio Pires
Updated on July 25, 2022
5 Online Businesses You Can Start (Even If You’re Broke)

Starting an online business has never been easier, but why haven’t you done it? With the internet, it’s possible to start a business in only a few hours! And, if you didn’t read the title yet, you can do this even if you don’t have a lot of starting capital. See the top 5 online business that you can start even if you’re broke.

5 Online Businesses You Can Start (Even If You’re Broke)

It’s possible to start these 5 online businesses with a minimal upfront cost. So, pick one and run with it!

1 Freelance Writing

You don’t have to write a book to be a writer. There are many other ways you can get paid!

What is it?

Freelance writing is all about (you guessed it) writing. But, many different businesses need writers. You can write for magazines, blogs, small businesses, and more.

On the other hand, you can also write different types of content. From blog posts and sales pages to email marketing and social media posts, the list is endless.

Who’s it for?

If you can string together sentences correctly and tell a story, you’ll never run out of work. But don’t worry, you don’t have to be the best, everyone starts somewhere.

And, you don’t have to know your grammar inside out either. With tools like Grammarly, you can catch your mistakes, so you have nothing to worry about!

How can you get started?

Sites like UpWork have tons of gigs for beginning writers. So, all you need to do is create a profile and advertise your services.

2 Dropshipping Online Businesses Start

If you haven’t heard of dropshipping before, it’s a fulfillment method for delivering products.

What is it?

Dropshipping is a way to sell physical products without holding any inventory. So, you don’t need large warehouses, you don’t need to buy products upfront, and you don’t even have to ship products yourself!

In this online business, your focus is marketing and advertising. And, you can do this through a website or social media.

In short, your job is to find products that you think will sell and advertise them. Once the customer buys a product from you, you buy it from the manufacturer, and the manufacturer then ships it to your customer.

Who’s it for?

Dropshipping is for anyone interested in selling physical products or starting an eCommerce business. But, you’ll need to learn lots of skills, so be prepared to work hard and treat it like a real business.

How can you get started?

The best thing you can do is to get educated straight from the source with Shopify.

3 Marketing Agency

Marketing agencies have been around for many years, but the internet has created many different specializations.

What is it?

Marketing covers many facets, from paid advertisements to branding. Popular types of agencies today are digital and social media agencies.

Digital marketing focuses on things like Search Engine Optimization (SEO) and Pay-Per-Click (PPC). In comparison, social media marketing focuses on advertising through Facebook, Twitter, Instagram, and other platforms.

If you don’t want to build an agency, you can still go the freelancing route like writing.

Who’s it for?

If you’ve got an interest in marketing and can create engaging content, this online business is for you! An agency’s focus can range from creative work like branding to data-driven work that focuses on statistics.

So, you can specialize in something that fits with your personality and skillset.

How can you start this online business even if you’re broke?

You can read blogs like Hubspot to get a basic understanding of digital marketing. And, if you’re going to start an agency, we recommend forming an LLC. This has many benefits, including tax advantages.

4 Blogging Online Businesses Start

Blogging is the classic online business. Share your knowledge, build your audience and monetize your website.

What is it?

Most content that you read on the internet is blogging – including this post!

And, when starting a blog for yourself, it’s best to write about something you have expertise in or something you’re learning about.

Then, once you’ve got an audience, you can monetize your blog through affiliate marketing, selling your own products/services, and advertising.

Who’s it for?

Blogging is for anybody that enjoys writing (typing) and sharing their thoughts. The best bloggers are genuine and share valuable knowledge with their readers.

How can you start this online business even if you’re broke?

The start can be as simple as using a free blogging service like WordPress or Blogger. But, it’s best to use a paid service to get your own domain name. And once your website is up, you can start creating your content!

5 Affiliate Marketing Online Businesses Start

Affiliate marketing is a great way to monetize a blog, but it’s not the only way you can become a successful affiliate.

What is it?

You create content around a product or service and promote it. This can be through platforms like social media, blogs, and youtube.

Like dropshipping and blogging, it’s best to have a niche. This way, you become the go-to source for information. Because the key to this online business is producing high-quality and engaging content to build trust.

Who’s it for?

Like blogging, if you’ve got passion or expertise in a topic, you can share your knowledge with the world.

How can you start this online business even if you’re broke?

Start by creating a blog, social media page, or youtube channel and then share engaging content that your audience appreciates.

You will also need to sign up for affiliate programs through companies like Amazon or Shareasale. This is how you get an affiliate link to share with your followers.

This isn’t an extensive list, but these are some of the most popular businesses you can start online. And most importantly, you don’t need to be born with any special skills or talent. Everything you need for these online businesses.

So, please choose the one you think you’ll enjoy and run with it. But, if you hate it, no problem, move on to the next opportunity!

Claudio Pires

Claudio Pires is the co-founder of Visualmodo, a renowned company in web development and design. With over 15 years of experience, Claudio has honed his skills in content creation, web development support, and senior web designer. A trilingual expert fluent in English, Portuguese, and Spanish, he brings a global perspective to his work. Beyond his professional endeavors, Claudio is an active YouTuber, sharing his insights and expertise with a broader audience. Based in Brazil, Claudio continues to push the boundaries of web design and digital content, making him a pivotal figure in the industry.