8 online business ideas you can start without any money

The old adage that “it takes money to make money” no longer holds the ring it once did, thanks to online business ideas that require no startup costs. As long as you have a computer and an internet connection, you can start a business with no money and minimal training. In many cases, your business can serve as a sideline to your full-time job.

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The rise of online commerce has led to a similar increase in the number of financial experts offering tips on how to start an online business – including Ramit Sethi, author of the bestseller “I Will Teach You How to Be Rich.”

Sethi has outlined a dozen ways to make money online (also called “I’ll Teach You How to Be Rich”) on his website. Here are eight online business ideas you can start with no money, based on recommendations from Sethi and others.

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Search engine optimization (SEO) specialist.

Hubspot and Udemy offer “nice courses” for people looking to get into SEO, according to Sethi. You need to stay up to date with the latest algorithm updates and use your networking skills to find customers. But you can quickly set up this business with a website or online profile with a project portfolio.

Creative sales and services

There are many ways for creators to make money online without having to have any money, from selling art online to writing web content. The main requirement is that you have the talent and training to create work that people want to buy. Visual artists can promote their work on social media and on e-commerce platforms such as Etsy and Shopify. If you want to write web content, Shopify recommends using freelance marketplaces like Upwork.

Virtual assistant

As Sethi noted, a virtual assistant is a good job if you’re “an ace at organizing family vacations and organizing your spouse’s calendar. The role is mainly freelance and can be performed remotely. Rates are typically charged per hour, which means you’ll “build your earnings relatively quickly.”

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Content strategist

Sethi calls it a “new role” that works well for people with a marketing background. The work involves working with content authors, copywriters and SEO specialists to develop content plans for clients. According to Sethi, this work is in high demand and can be done completely remotely.

Personal e-commerce shopper

As Forbes noted, this activity involves selecting items based on customer preferences and needs. The basic requirement is knowledge of various e-commerce platforms. You can start with a website and a bit of marketing/networking. Earnings are typically commission-based or retainer-based.

Dropshipper

This is another high-demand service that requires no capital, office space or warehousing. Dropshippers take orders from customers and send them to suppliers for fulfillment. All you need to do is set up a website, find suppliers and put the goods up for dropshipping. Suppliers ship goods from their own warehouses and you earn money.

Read more: How to generate passive income with only $1,000

Online trainer

This is a good option if you have the skills and expertise to help clients improve in a wide variety of areas, from employability and finances to mental and physical health. Sethi recommends packaging services into online courses or sessions.

Influential

According to Statista data cited by Shopify, influencer marketing is a $21 billion industry with no shortage of business opportunities. While celebrity influencers get the most attention, there is also a “robust market” for micro-influencers who can make money without having to amass millions of followers, Shopify says.

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This article originally appeared on GOBankingRates.com: Ramit Sethi: 8 Online Business Ideas You Can Start Without Any Money