Working for someone else will never make you rich. Working for yourself might. If you've always wanted to start your own online business, but you're short on startup capital, here are 3 businesses you can start right now for less than $100.
1. Virtual Tutoring
If you know something (anything) about a major subject taught in school then you might be able to tutor people online. Tutoring isn't something most people think of when they think "online business."
However, virtual tutoring sites, like tutor.com, have made it quite easy to get set up with your own tutoring gig. Don't fool yourself. You may not become a millionaire in your first year, but you can earn a decent income if you get enough clients.
Tutor.com caters to tutors who have experience in major subjects like:
You don't have to be a professional teacher to apply. You just need to have enough knowledge to teach the subject. Once you get the hang of it, and build up a portfolio, take your tutoring practice private and make even more money.
2. Freelance Writer
Being a freelance writer can be difficult, but it's one of the least expensive ways to make money online. You don't need a website, office, or much overhead. If you have access to a computer, and a solid Internet connection, you can work from anywhere in the world. You don't have to interact with clients, either.
Now, most sites advertising freelance writing don't pay much. They may be good for starting out, and getting your feet wet, but you'll want to gravitate to higher-paying writing gigs sooner rather than later. For example, Constant Content is one of the best freelance writing sites on the web. You can set your own prices, work at your own pace, and even work one-on-one with clients through special private requests.
You can also write eBooks and sell them on the Amazon marketplace.
Once you've got a steady income going, set up your own website and take on private clients.
3. Website Flipping
Website flipping is yet another business you can start with less than $100. Create a catchy domain name and resell it on the secondary market. Once you build up some money in your bank account, you can buy "ready made" websites and flip them through the Flippa marketplace f