Earn money without investment, Is it possible? Well, before we chew over this topic, let me show you how much I have earned, and that is without any investment.
The above photo is my Google Ad-sense’s total earning of the last 2 year.
Now, let us think again, Is it possible? Of course yes, I will reveal the source of my income, in one of my upcoming article.
From our childhood, we have been taught that a 9 to 5 job is everything.
I also used to have this misconception, however, when I got to know the whole industry of making money online, I was amazed to know that many people have made this as their career and are making a six-figure income.
We mistake that investment is only about money but do you know, while you are reading this article you are investing something. What is it? It is your precious time. Do not worry! I will make your investment worth it.
So, here I am going to reveal eight effective ways through which you can earn without any investment.
Earn Money Without Investment – 8 Most Effective Ways
Start a YouTube Channel
Starting a YouTube channel is something that you should consider.
If you have a story to tell or any information to share then this platform is made for you.
In 2020, starting a YouTube channel can be quite difficult because of competition, however, it is not impossible though.
You can easily achieve your position with the right tactics.
These are some points you should consider before starting your YouTube channel
- You have unique content to share.
- You have the patience to learn.
- Don’t focus on money.
- Don’t expect an instant result.
- You love to learn from others.
Don’t we need professional equipment to start working? The simple answer is, NO. You do not need those professional cameras to start working, all you can do is start recording with your phone.
Nowadays, smartphone’s camera is quite good for recording videos and am pretty sure you must be having one.
So, start off making videos with your phone and keep working until you see any results. Remember, giving up attitude makes everything impossible.
Ways to earn from YouTube if you have a good audience
- Google Adsense
- Sell your product
- Affiliate Marketing
Here is a video of Cathrin Manning, she will guide you through how you can start your channel from scratch.
Do you have a passion to write? If yes, then blogging is one of the most wonderful way to earn without any investment.
Although, if you want to make it as a business then you have to invest on different resources such as domain, hosting etc.
However, you can start a blog all for free with Google’s Blogspot. In Blogspot, you do not have to buy a domain and hosting.
Google provides you with the default domain which looks something like this:
Which topic to chose for writing blog articles? It is up to you. If you like about technology then go for it, if you like about cooking then share different recipes with the world. There are hundreds of niches you can go for, but you have to be a bit selective about your niche. As we are talking about making money, you have to select a profitable niche.
How to find a Profitable Niche?
You have to do some research and have to get an idea about the monthly search volume of your selected niche.
For instance, I want to write articles on movie reviews then, I have to see if people are frequently searching about it or not. There is a free tool from Google called Keyword Planner.
You can use this tool to find your profitable niche.
From the above results, we can see ‘movie reviews’ have a 10k-100k avg monthly searches and you can also see the sub-topics have been searched over millions. So, we can finally say that ‘movie reviews’ is a profitable niche.
So, I think you got a rough idea about niche finding. If we start discussing about blogging then this topic will never end. So, do some research on how to make a good blog and what are the factors to make it successful.
Ways to monetize your Blog
- Google Adsense
- Sponsored Post
- Link Shorter (I don’t recommend)
- Sell your product
- Affiliate marketing
Here is a video you can spend your time to learn How to get started with Blogspot.
In my blog, I have mentioned this multiple times that Freelancing is one of the best ways to earn money without any investment.
If you are good at anything, whether it is writing, graphic designing, painting, video editing, photo editing, Microsoft word etc, then this platform is specially made for you.
You can earn a well amount by doing freelancing as a part-time or full-time job. The only requirement in this field is your skill.
To start with freelancing you have to first choose a good freelancing-marketplace. Here are some of my recommendation :
Getting your first project depends on how good is your profile.
These are some of the key points you should remember while creating your freelancer ‘s profile.
- Always use your real name.
- Upload a clear and professional picture.
- Make your headline unique.
- In your profile describe how you can be beneficial for your client.
- List your qualification and work experience.
- Showcase your previous works in that skill.
- Be particular about your skill.
- Don’t overcharge your client, try fixing a decent rate.
Do these points matter? Of-course they do. Recently, I used Fiverr to get one of my work done. I selected a seller considering the above points.
Don’t think, If anyone, is going to buy your service or not because several people are ready to pay you for your excellent work and the above image shows the same.
So, freelancing can be a good option if you want to earn money without investment.
Become an Online Instructor
Nowadays, most students who want to learn a skill prefer online courses rather than offline teaching institutes because online courses allow students to plan their studies effectively.
There are different platforms where instructors prepare paid courses for students. The best example is Udemy.
Udemy is an online learning platform where different instructors from all over the world make paid courses and earn a massive amount of money by selling their courses. This platform has over 50 million students and 57,000 instructors teaching courses in over 65 languages. That is cool, right?.
List of Skills on Udemy
- Finance & Accounting
- IT & Software
- Office Productivity
- Personal Development
- Health & Fitness
- Teaching & Academics
So, If you think you have any of these skills and you are a good instructor then you can join this platform and start earning. Here is a full guide on How To Create A Successful & Profitable Course on Udemy
Make Android Applications
Android app development is one of the hot topic these days.
If you know android development skill then your future will be bright that is because you have the power of creating real-world solutions into the hands of smartphone users.
Your one unique idea can make you rich overnight. However, learning android app development is not an easy piece of cake.
You have to first gain plenty of knowledge before you build your first android application.
Let’s quickly dive into the world of programming for a second
Programming or coding is the process of building an executable software.
A person who writes code to create a software is known as a developer.
The language which is used to communicate with the computer to create the executable software is known as programming language.
There are several programming languages available in the industry. So which one is for android development? You can use Java, Kotlin, C++, C# and a few others. But you can go for Java or Kotlin.
I will recommend you to go for Java because it will help you to switch different technologies whereas Kotlin is only for App Development.
Steps to Follow Before You Build Your First App
- Learn the programming language in detail.
- Build your logic making skill.
- Take part in different coding challenge.
- Don’t stick with theory, always try to learn practically.
- Once you feel you are ready to develop real-world application, start learning android development.
- Hurray! Build your first android app.
Which is the right course for me?
To learn Java you can prefer, Java In-Depth: Become a Complete Java Engineer!
To learn Android development you can prefer, Android O & Java – The Complete Android Development Bootcamp.
Sources to make money from App Development
- Google AdMob
- Sell your apps
- Sell merchandises
- In-app purchases
- Data collecting and selling
- Referral marketing
- Get a job (Your wish)
A few months back I had released my first app. I had a fun time in the process of learning and failing but never gave up. If I can do it, you can do it. So, start learning this skill if you want to earn money without investment.
Buy & Sell Domains
Domain names are used to identify one or more IP addresses. It is used in the URLs to identify a particular website. For instance, In https://www.easyearnmoneyonline.com, the domain name is easyearnmoneyonline.com.
Do you want to make money by selling domains? Some people bought a domain with just $8 and after years selling it for millions of dollar.
Did you know business.com is one of the most expensive domain name ever sold? This domain was sold at $345 million. Crazy, Isn’t it?
Buying and selling domain is a popular business these days. You buy a domain from websites like GoDaddy, NameCheap etc. and later you can sell them to earn. I know, here you are investing, but if you look at the profit then those investments are negligible.
Where to sell domains?
You can sell these domains from where you have bought but you should consider the most popular domain selling websites like Sedo & Flippa.
How much you will be getting by selling domains? It depends on factors like:
- How much traffic it has?
- How unique the domain name is?
- Domain’s length
- Domain with good keywords
So, if you have a domain with a high possibility of getting searched in future then there is a possibility of getting a huge profit.
Here is a video that will give you depth knowledge on buying and selling domains.
Instagram is one of the most downloaded social media application and guess what? It has over 1 billion monthly active users.
For those of you don’t know Instagram is a photo sharing platform where thousands of people share unique content in the form of picture.
Keep this in mind, if a platform has a huge audience then there are several opportunities to make a profit out of it.
If you want to earn from Instagram you have to first build your audience.
How to build an audience on Instagram?
Building audience doesn’t mean you go for ‘follow-for-follow’ strategy or use any website to buy Instagram followers. It doesn’t work like that. Building your audience means building a brand.
You should always focus on legit ways to grow your Instagram account. Let’s discuss some of the ways quickly.
Understand your Brand – Before you start building your audience, you need to know what your Instagram account is all about. For instance, if you upload content related to ‘technology’ then, you need to target an audience who love to watch tech content.
Use Hashtags – One of the quickest ways to grow is using popular hashtags. Good Hashtags drive audience to your post, if your content is good enough then the user may follow you. Find top hashtags here.
Follow Similar Users – Try to avoid following, random people. Only follow those who are relevant to your brand account.
Consistency – A huge factor in growing your Instagram is to post consistently, which most of the people fail to do. So try being consistent.
These were some of the important points to consider when growing your Instagram account. Remember, most important is how you engage your audience.
So you got your account ready with genuine followers, posts getting thousands of likes. Now what? Of course, its time to make money. Now you have unlocked certain opportunities of making money. Let’s have a look, what are they?
- Sponsored Post
- Selling own product
So start building your audience today because in coming days you will be getting a huge benefit as Instagram is going to expand more.
Online Data Entry Jobs
Online Data Entry jobs are also an efficient way to earn money without investment. It is one of the easiest ways to make some extra money.
People can work on online data entry jobs and can earn $200 to $500 easily. To generate this income you need a good platform, time to spend and most importantly your typing speed.
However finding legit places to work on data entry job is quite difficult. So I have written an article about 7 Genuine Websites for Online Data Entry Jobs – No Investment Required. You can check out this one to find the best places to work on.
So guys, earn money without investment is only possible if you invest in yourself.
I have already told you all the eight effective ways. So choose one and start learning the skill, you should always be excited enough to learn rather to earn.
If you have the skill then the game is yours. So, start learning today for a better tomorrow.
If you are looking for personal guidance then email at firstname.lastname@example.org