In times of economic downturn or recession, many people find themselves looking for alternative ways to generate income. However, it is essential to acknowledge that starting a business often requires some initial investment. But what if we told you that there are accessible business ideas that can be initiated with absolutely zero capital? Yes, you read that correctly. Here are some creative business ideas that have the potential to make millions, even during a recession.
1. Online consulting:
Do you have specialized knowledge or skills in a particular field? Then consider offering your services as an online consultant. Whether it’s marketing, finance, or human resources, there are companies and individuals seeking expert advice. By leveraging platforms like LinkedIn or creating your website, you can establish yourself as a knowledgeable consultant, providing guidance to clients worldwide.
2. Content creation:
If you have a flair for writing, graphic design, or video editing, content creation can be an excellent business opportunity. Create a portfolio showcasing your skills and start reaching out to businesses, bloggers, or influencers who are in need of captivating content. Many companies are willing to pay top dollar for quality content that helps them stand out in the digital world.
3. Social media management:
In an increasingly digital world, social media presence is crucial for businesses. However, managing social media accounts requires time and expertise. If you have a knack for social media and enjoy creating engaging posts, managing platforms for businesses can be a lucrative venture. By offering your services as a social media manager, you can help businesses increase their online visibility and grow their customer base.
4. Online tutoring:
With the rise of e-learning and the demand for personalized education, online tutoring has gained immense popularity. If you have expertise in any subject, language, or skill, you can offer your services as an online tutor. Platforms such as Tutor.com or Preply connect students with tutors, providing an opportunity to teach and earn money from the convenience of your own home.
5. Affiliate marketing:
Do you have a significant online presence, a blog, or a social media account with a large following? The concept of affiliate marketing involves promoting other people’s products or services and earning a commission for every sale made through your referral. By partnering with companies that offer affiliate programs, such as Amazon or ClickBank, you can start generating income by recommending products or services that align with your audience’s interests.
6. Virtual assistance:
Many entrepreneurs and businesses often require help with administrative tasks, scheduling, or email management. By offering virtual assistance services, you can support these individuals remotely. Platforms like Upwork or Freelancer can connect you with clients in need of various administrative services. This business idea allows you to work from home while providing valuable support to busy professionals.
7. Online fitness coaching:
With people becoming increasingly health-conscious and striving to stay fit, online fitness coaching has become a booming business. If you have expertise in fitness and nutrition, you can offer personalized workout plans, virtual training sessions, and dietary advice. Through video calls or online platforms like Zoom or Skype, you can connect with clients from all over the world, helping them achieve their fitness goals.
These $0 business ideas prove that, with determination, creativity, and hard work, you can generate significant income even during a recession. However, it is important to remember that building a successful business requires consistent effort, dedication, and the ability to adapt to changes. So, if you’re ready to take on the challenge, choose a business idea that aligns with your skills and interests, and don’t be afraid to embrace the opportunities that a recession can bring.
FIND: Turnkey Businesses
LEARN: How To Make Money Online
HOW TO: Work From Home
REVEALED: Affiliate Marketing Basics
Hey Sabri!
I'm amazed by the consistently high-quality content you provide – it's like pure gold! I want to express my heartfelt gratitude for the incredible value you share with us, all for free!
I've been pondering a business idea lately aimed at assisting B2B enterprises with their lead generation efforts. While the traditional approach involves cold calling or reaching out via mail and LinkedIn, I've been thinking about leveraging AI to personalize and enhance outreach messages for maximum conversion. This could potentially revolutionize how outreach is scaled.
I'd love your thoughts on this business model. If you think it's promising, do you have any suggestions on how I could take it a step further and create a game-changing offer that's impossible to resist?
Wishing you a fantastic day!
Hi Sabri,
@SabriSubyOfficial
I'm a new digital marketer and I'm not sure if I'm qualified to handle this opportunity. A large franchise (90m PY) with a long history of using traditional advertising methods has reached out to me through a friend. They want to promote a new program on Instagram with a budget of $300 for 60 days. Is this impossible? Should I turn them down? I don't want to miss out on a profitable opportunity, but I also don't want to overextend myself.
Any advice would be greatly appreciated!
#HeySabri Video ads vs Image ads? What would you focus on for video format? Thanks
what do you think of lead gen agencies?
My motivation transformed as a dedicated crypto holder when I chose to trade $10,000 worth of bitcoin and gained $37,000 in two weeks
Thanks for sharing this insightful tips! i,ve gain so much knowledge about trading! I'm so excited I've been making $7,000 and above every 12days
Hello Sabri, can you please define what a Ponzi scam is?
What happens if the internet fractures into multiple #National and/or #Regional #Intranets as it seems very possible in the current political situation?
got the free book but was charged 300 instead of 2.95, got the refund 2 weeks later of 270 NOT 300. Hard one to explain to VCAT. Be cautious people!
thank soo much Sabri for tips !
Someone who is on the other end, a potential customer for all the things he talked about, he is not Bsing any of you. There are around 50 cold callers and email who reach out to me asking for upfront to set up all that, it’s very competitive niche, I don’t care about what system you built for me, all I care about is sales, if I get extra sales I am happy to giving away even 40% it’s all about what I get as your potential client I have zero interest in your past experience and qualifications as you did nothing for me and I am simply delete those emails.. He is absolutely right in long term you will make more, speaking of you don’t have budget we’ll learn everything and do everything yourself at first…
Great video.
Mortgage Brokers cant pay referral fees
Typically Sabri W
Bro this is fire!
If you start it starting business almost without $0 this is absolutely untrue and not business you have to start.
Amazong analisis Sabri
There's something in you that is very energetic. I understand the love in the comments. Great marketer with a sharp presence.
You have just given so much value thanks sabri
Nowadays anybody can do copywriting with AI
These are great strategies but only applicable for video editors, copywriters, and funnel marketers who are already established and have enough cash in hand in order to offer services on pure commission basis.
The comments by Sabri are bot written.
Regarding the copywriting freelancer idea. I understand how marketing the course differently can increase the perceived value, but how do you increase the value of a $500 course to a $5000 course, just by improving the funnel?
Surely the course will need improvement?
@sabri Do you give advice for businesses who are already in stride?
The rich get richer during recessions, be greedy when everyone is fearful.
Well said @boronir, this is RICH and VALUABLE advice
Guys, reach out to us! We need your assistance.
#HeySabri, I didn't quite understand "1".
I'm able to edit videos using my smartphone. Could you please assist me with this?
Where can we go to learn the skills of building out a funnel?
To rookie investors, I recommend that they acquire solid company stocks and hold them for as long as the firm is good. Simply reject the predictions and market views, which are fascinating at best but completely worthless at worst.
What song is that in the intro?
Hi super Sabry..thankss ….can i ask you how i can create my personal affiliate link in order to get commission? thanks
Sabri, do you think businesses benefit from SEO content during a recession?
This guy's book "Sell Like Crazy" is worth reading
Guys its not easy as he makes it seem, just pick up the phone and pitch brands and you'll face tons of rejections, you dont even know it yet lol. Its because the space has gotten too saturated, business owners get pitched for these services by dozens every single day. doesnt mean you can't succeed but its not easy as he makes it seem, you'll get no clients for at least 2-3 months and even then service delivery isnt a childs play. TLDR: 99% will fail
Recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.
This man is light years ahead of us.
Copywriting is like the bedrock of the four Businesses
Thanks for the content Sabri
A really big fan from Nigeria
@hallo
Brother iam from indiA help to me earn
Mans dropping gold