I get this complaint a lot.

I'm interested in this business, but I don't have the money.

Hi, My name is Adebiyi Damilola and I'm here to solve this reoccurring problem.

Here are 4 businesses you can start even;

• As a student

• With No or Little knowledge or skill

• As a 9~5 worker

• For the Nursing mums and Stsyt_at_home Mums.

All you'll be needing to start most of this business is;

• A smartphone,

• Data connection and,

• The Readiness to Learn Something new.

These Businesses can earn you 50k to 100k monthly.

Let's get started

1. Freelancing/Consulting:
Online Freelancing is probably the best way you can use to start making money online without any capital.

In this field, You are your own boss.

Freelancing means to work as an independent company. You can work any time of day with no restriction of specific time.

The benefits include:
• Freedom Work
• Flexible Work Schedule
• Better work-life Balance

The Cons Include:

• Inconsistent income.
• Difficulty in finding clients.
• Disruption of work-life balance.
• Challenges of time management.


Skills For Freelancing:

• Communication
• Marketing
• Graphic Design
• Creativity

2. Information Marketing

Information marketing business is a platform you create to provide valuable resources to people and get paid in return.

This is a Business model where you publish and market information on a topic that people are looking to learn/master.

The topics can be on Money, Business, Investment, Travel, Health, Food, Professions, etc. It's a really neat and hot way to make money.

Information Marketing is a really big business.

There are 3 major steps to it:

1) Find a Niche. The topics listed above are niches

2) Package or Create the information into a product.

You can also sell information in various formats: Seminars , PDFs, Videos ,audios etc

3) Create a System to market the Information product.

As a newbie, one of the fastest and easiest ways to get started with this business is by creating and selling your information products as simple reports.

And that is because you can get it started without the need for a lot of capital or
resources.

• BENEFITS
The main benefit to creating an information business, is you control the sales process and have direct control over your cashflow.

• CONS
The only real cons I see is your taking on all the risk, if the product flop you just spent a nice amount of money and time to launch this product.

• SKILLS REQUIRED
You have to know how to create sales videos, landing pages, how to drive targeted traffic, Learn product launching, split testing, customer support, social proof

The third one is my favourite. Lol

3. Affiliate marketing

Affiliate Marketing is an advertising model in which a company compensates third-party publishers to generate traffic or leads to the company’s products and services.

The third-party publishers are affiliates, and the commission fee incentivizes them to find ways to promote the company.

In simple words, It means "Company A" needs clients (lead) or increase in product sales.

Then they recruit marketers (Affiliate) to help them get those leads (paying customers) or product sales and pay them a percentage for each lead or sale that they make.

You might wanna start with A.M (Affiliate Marketing) compared to Information marketing, because if you don't have any of the skills required, its going to be very difficult.

Learn how to sale other people products, while they take on all the risk, while you get good at driving traffic.

You earn money like you own a product without actually going through the hassle of creating one.

I recommend Affiliate Marketing to Information marketing because the risk of the Product success is not on you. In a situation where the product is not doing well in a market, you can easily move on to another product. or another Niche.

• PROS OF STARTING AFFILIATE MARKETING

1. It's simple to get started

2. Affiliate marketing is Flexible

3. Freedom to work from anywhere in the World

4. You don't need to manufacture a product or service since you're an affiliate

5. There is no need for academic education; Start right now

• CONS OF AFFILIATE MARKETIN :

Just one disadvantage. You don't own the product!

4. Importation/E-Commerce

E-commerce is all about 3 things:

1) Searching for physical products that solve problems for people or help them get closer to their desires.

You can source these products here in Nigeria or import them.

2) Buying the products at the lowest cost

3) And using a genius marketing method to sell them for a good ROI.

If you are going to run with this business model, make sure you do not run it like a lot of people.

Start with a huge and profitable audience/market. E.g. Fitness, babies (Moms), Women's fashion, Skin care.

Buy the products for the lowest cost you can find (You may have to use an agent or other sites for this)

“The most important factor is for you to ONLY import what people buy”

Ecommerce requires a capital of at least N50,000 to get it started.