6 Business Ideas to Start With No Money 2020

6 Business Ideas to Start With No Money 2020


So little sis, do you want to start a
business?
Yeah.
What kind of business? I’ve always kind of wanted to start like
a cafe/restaurant type of thing.
Oh, so that’s like a in-person building.
Yeah.
You know how much
that’ll cost? It’s like a hundred grand. So in today’s video we’re going over six
business ideas that you could start today in 2020 with no money. Hey! That rhymes. (Yeah!)
So people definitely have this misconception that online businesses for
some reason are so expensive to start and I’m like “No, you literally could get
started today with not even a dime.” Tt’s really cool with the power of the
internet, because being able to start a business is right at your fingertips
but in today’s video I’ll go over six business ideas that you can start and
even one of them I’ve been able to generate multiple six figures so
definitely stay tuned till the end of this video. Okay, so the first business
idea that I have for you guys is to start a Poshmark
store. What the heck is Poshmark? I just found out about it, it’s an application
on your phone or on your desktop computer that you can download for free
and it is a application where you can buy and sell online clothing. So it is a little
bit fashiony, but it is really cool because there have been some sellers
that I’ve came across that have said they’ve made like 8,000 dollars
with Poshmark in the past sixty days, almost 4,000 dollars in profit
that this girl made on the application. It is really insane and I’m like “Whoa,
what is this Poshmark?” and so again you can download this app free in the
application store Android or iPhone and you can sell used clothes online. So you
can sell accessories, clothing, shoes, jewelry, and even home decor stuff like
throw blankets, pillows, curtains, you name it, you could probably sell it
on Poshmark. You just can’t sell things, awkward things, like old makeup. Like,
that’s kind of it’s kind of gross, right? Who’s gonna want to buy old makeup? And
so one of the girls that explained her Poshmark story and how she was able to
generate $4,000 on the application in just under three months she said that the key
for her was doing some thrifting. So what is thrifting? That means going to thrift
stores and finding some hidden gem, so brand clothing that is marked
way down and that is hardly used in these thrift stores, and they definitely
exist. She says she has a monthly routine where she’ll go thrifting two to three
times a month and pick out these outfits and these clothes so that she can sell
them on her closet in Poshmark. So closet is kind of like the profile that you
have on Poshmark once you set up your profile. It’s kind of like an online
store, you’ll have to take pictures of the clothing and make them presentable
online, put a little description and once you have your closet, what you want to do,
she told me to be successful, is you want to share your closet and you want to
interact with other users on the platform. So you want to follow people
because 95% of people will follow you back and so the key, just like any other
social media platform, is you want to be active on the platform. It’s not easy, I
mean, it’s not the easiest thing to make four grand by selling clothes online, so
you have to put some effort into it. But she said that when she started, for a
year straight, she was just kind of selling an item here and there but once
she got focused and wanting to really generate more revenue on the application,
once she started thrifting she said it was a game changer. So that is one
business idea you can start for free and get started with the clothes that are in
your closet. So the next business idea that you can start in 2020 with zero
money is an event planning business. Now this one really is cool because this is
something that I’ve had experience from friends that have very successful event
planning business. One of them was a personal assistant and she was planning
so many events, being a PA, for a certain company – I think the CEO of a certain
company, she’s like “I’m really good at this event planning thing” so she
went solopreneur and started making events on her own and bringing in
a lot of revenue and now her business is doing easily over six figures and it’s
projected to do a million in revenue this year because of the clientele that
she’s hosting and planning events for, right? And so another woman that I know,
she actually quit her job this year because what she would do just for fun
is plan events all around the world and she would invite friends from around the
world, local friends and then they would tell their friends and their like “Yeah,
there’s this huge party in Dubai, it’s luxurious, and it costs this much and
it’s such a great time” they would be like eight day parties, or something like
that. So now she has a full time worldwide event planning business, and I
contacted her in the other day I’m like “Do you really plan events
anywhere in the world?” Because I’m like “Hey, I would love for you, in the future,
to plan a mastermind or a conference event for me” and she’s like “Yep, I can do
that for you” and I’m like “Wow.” So the demand for people wanting other people
to take care of the logistics and the complicated stuff of event
planning is very, very in high demand right now. Let’s just put it that way.
If a business wants to host an event, people’s time are very, very valuable and
they want other people to do it, they want to outsource it to somebody who
already has gone through the process of signing contracts, getting event
venues, food, music, whatever you need to plan this event, it is something that
they want to outsource to an event planner. And so one way to start this
business, if you’re starting from complete scratch, is build out your
profiles on Google, on Yelp, advertise your jobs on Craigslist if you
don’t have a website, and nowadays it is extremely easy and very cheap and it’s
not free. If you do WordPress and Bluehost it is super cheap to have a
website, a really nice website, and a hosting service for about five dollars a
month so that you could have your event packages, your pricing, people
can book a call with you, but in the beginning when you’re first trying to
get clients, again the idea is you would start at a cheaper rate and as you get
those testimonials and as you build up your experience, you can raise the prices
on your website and in your business. The third business that I can recommend to
start in 2020 with no money is to be a brand builder. Now what is that? I
actually just made up the name, but it is an amazing idea and these businesses
exist, but this is exactly how I would do it, and this is what I mean by a brand
builder: there’s so many beginning entrepreneurs and solopreneurs out there
that need help building their rent, building a website, having an e-book,
having a membership site, getting up and started because they’re just focusing on
getting their first sale, they’re focusing on getting and
sustaining their thousand dollars per month and
that revenue so they could survive with their new business as an entrepreneur,
but what they don’t understand is that they really need to make their branding
better because without good branding it takes even longer for a business to go,
because I know, personally, once I started focusing on my brand it was a game
changer for my business, so as a brand builder what you could do is get a cheap
membership service to a platform called Karcher. I’m going to use this example, you
can get a monthly membership for about $80 a month and people are like “Oh my
gosh that’s a lot, I thought you said this was free” and you’re right, it is $80
a month, however, if you get your first 5 clients you could easily make back that
money, so let me show you what I mean. So I’m actually in my Karcher account
right now, and this platform basically is like a all-in-one business platform and
that’s why it starts at $80 a month, because you literally don’t need any
other tool when you have Karcher, and so the idea is if there’s a creator out
there or a solopreneur entrepreneur, you can hit them up and be like “Hey, what I
could do for you is I can create a cool branding website for you” because they
have personal branding pages, so you can easily select one of them and edit them
very easily, all you do is come here and edit the launch creator, and so what
you would do is you would come here to the launch creator and you could edit
out this photo and put a picture of them, you can choose, you can change all these
colors, they have an about Me section, so this is basically a website, this is a
web page, and so they can get started with this website, and you could say “Hey
I’ll build this for you for free and you can test it out, try it out for free for
the first two weeks and if you like it you can subscribe to Karcher yourself
and with that I will even include and build you out a ebook or a membership
site,” because with Karcher you have the possibility to build a membership site,
which means whoever has Karcher can build a digital course, you can start
to create an email list, so essentially, you would get them started, you could
offer to build a sales funnel. So this is more of a web page, but if
you go back to Karcher they have different squeeze pages right here, where
you can, it’s really easy, just edit the template, so this
makes a learning curve for you and the learning curve for them really simple
but you would be in charge of their branding, so making sure that they had
all their pages and their websites looking good, like all the colors are the
same, their images look good, so you could help them out by creating simple landing
pages and websites for them in no time, and the cool thing about it is when your
clients sign up for Karcher, they will use your affiliate links, so then you’ll
start to get recurring commissions from this Karcher sale, so eventually
you do these services for free and give this to the entrepreneur that needs it
and then they will eventually need more and more from you, and then you could
charge more for your services as time goes on. And so you may be thinking “Well,
how could I get my first clients or my first prospects for this business” and
I’m like “It’s easy!” What I would do is I would go to free Facebook groups where
there’s a community of affiliate marketers, marketers who are into
e-commerce, even different types of business owners, like hair stylists or
whoever needs it. Really, it doesn’t matter what businesses this is, if
they’re getting started in their business they need this I would go to
free Facebook groups and say “Hey, any affiliate marketers out there need a
website and a template for blah blah blah I’m giving it away for two weeks
for free I’m going to test it out to see if you like it, hit me up if you’re
interested and I will build out a free website for you and you can choose it
completely for free for two weeks.” The next business idea you can start in 2020
is being a content creator. So picking a platform, a podcast, Pinterest, Instagram,
Facebook, YouTube, TikTok, TikTok is a big one nowadays, but picking any one of
those platforms and creating content. So the idea would be to master your first
social media platform and get good at making content for that platform, start
to build an audience, and so the idea is you would create content around things
that you’re good at or that you were passionate about in any field, in
nutrition, relationship coaching, cooking, whatever it is you’re
good at, you could create content around it and even blog posts or websites, you
can build a blog and get SEO traffic to your blog. Content creating is a business
in itself and it shouldn’t be a daunting task because you don’t have any audience
or any subscribers because now having a small niche specific audience
is very powerful and almost preferable sometimes by different companies who
know that the person who is creating that content, their audience is very
dedicated so only if it’s an audience of a thousand people they know that if they
were to do a brand deal or sponsorship with you for helping them promote their
product, they would pay you and also get a lot of sales from your content which
would bring affiliate commissions for you. So there’s so many opportunities
like affiliate marketing, where you get commissions for selling other people’s
products that come up when you become a content creator, building an audience is
a very, very powerful thing especially when you start from the
ground up and do it organically. And so, obviously, I’m a full time youtuber and I
started this channel less than two years ago and I’m already at 70 thousand
subscribers which is a huge blessing for me and it’s given me all kinds of
opportunities, including the ability to make six figures online, and so if by the
way if you guys are interested in becoming a youtuber on any topic for
your business or becoming a content creator, go ahead and download my
subscribers to sales blueprint it’ll be the first link in the description, which
is a six step guide on how to build a wildly profitable business on YouTube.
The next business idea you can start for free in 2020 is course creation. Now this
is probably, next to YouTuber, my favorite but the reason why is because not only
is course creation or the course education industry going to be a billion
dollar a day industry by 2025, the cool thing is you can create a course around
your life experiences, things that you’ve overcome, things that you’re an expert at,
things that you’ve accomplished, things that people ask you for advice on, it
could be anything you really have to hone in and figure out what you could
teach, I mean, for example, like my mom, she’s like “What can I teach a
course on” I’m like “A lot! Like, you garden, you’ve had three kids, like you could
make a course on how to be a mom and have a kid who’s 14 years older
than the other,” I mean that’s a real thing with me and my sisters, but it
really is! And the other day I saw a really cool course it was about a
veterinarian who teaches other up-and-coming veterinarians how to have a fulfilled career as a veterinarian, and so the great thing
about a course is that you could make it completely for free, you could make it
in video form, they don’t have to be high quality HD 4k videos, they can be simple
videos you make from your phone or your laptop, and you would upload these videos
onto a free platform, for example, called teachable.com, where it’s completely
free, and you can you know drive traffic through course marketplaces where you
put your course on a marketplace and there’s traffic on there, people looking
for different topics and so it really is you create it once, then it when you sell
it it becomes passive income and the great thing about it is you can
reach a lot of people. So instead of just being able to help 40 people within a
year, maybe if you’re doing it one-on-one, you could reach 4,000 or 5,000 from
people that find your course and they don’t need to work with you, because they
can see and go through all the information that you have in your course
on their own time. The next business idea that you can start in 2020 with
absolutely no money is coaching and consulting. So you could be a coach, you
could be a consultant, those terms are kind of used interchangeably nowadays,
but the same thing kind of applies to selling the course. So if you have an
expertise on anything, you can consult people on it, and there’s websites like
Clarity.fm, where if you have expertise in marketing or business and I think
other types of financial things, you could go to that website, create a
profile, it’s absolutely free, and you can start charging people per minute for
them to call you and book you so that they can talk to you about their
problems and you can help them solve their problems. And so consulting and
coaching is really cool because you get to really, really get in close with your
clients and understand what their problems are and from the beginning what
each person will need, so it’s really a transformational thing that you can
offer to your clients. As a matter of fact, one of my friends in the online
coaching space, she became a one-on-one consultant this year and she
started out low and charging prices for her one-on-one clients, but quickly she
got in high demand because people were getting results from her and she got a
whole bunch of recommendations, but she ended up doing six figures easily within
four months of opening her one-on-one coaching business, and
just letting people know on your Facebook, on your Instagram what exactly
it is you do, what problem you do, you’ll be surprised how quickly and organically
you can get your first clients to work with one on one. Alright, so if you’re
liking this video don’t forget to take a screenshot and tag me on Instagram and
that way I can give you a shout out and go and show you some love on your
profile, and so if you are liking this video I guarantee you are going to like
this video right here where I talk about work from home jobs in 2020 there’s some
good ones on that video, and that video starts right now. This past year I lived
in six different countries and traveled to over 12 different cities and that would
not have been possible if I did not have the ability to work from home, from my
internet connection.

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About the Author: Oren Garnes

31 Comments

  1. ๐Ÿ”ฅGRAB MY 6-STEP BLUEPRINT WHICH SHOWS YOU HOW TO CONVERT YOUR SUBSCRIBERS TO SALES: https://www.marissaromero.co/SubscribersToSales

    ๐Ÿ“ฑFollow me on Instagram! https://www.instagram.com/marissaeromero/

  2. These business ideas are very unique! I am a small YouTuber trying to reach my goal of my first 500 subscribers, but these other ideas are great too. I will have to try a couple of them out. Thank you for your amazing content!

  3. Thank you for another great video! Looked at it as soon as the notification bell went off! I was like "YESSS" Time for more Romero University "๐Ÿคœ๐Ÿค›๐Ÿ‘ฉโ€๐Ÿ’ป….Wink!

  4. Love your content very valuable and inspirational, thanks Marissa for your awesomeness!!!๐Ÿ‘๐Ÿ˜€

  5. Look at the resemblance lol and also I see youโ€™re on your way to 100k hey did that rhyme ayeeee lol great content as usual keep up the great work.

  6. There are ONLY 2 types of businesses in the XXI century: Those which are in the ONLINE SPACE and the others which doesn't exist!!!

  7. Great information, thanks for sharing with us , will definitely have to see what countries these sites service . ๐Ÿ‡จ๐Ÿ‡ฆ

  8. I love the idea of a PoshMark setup in your baby sisterโ€™s Cafรฉ. ๐Ÿ’ก๐Ÿ’กโ˜•๏ธ๐Ÿฐ๐Ÿง๐Ÿฅฎ๐Ÿฅโ˜•๏ธ๐Ÿ‘–๐Ÿ‘š๐Ÿ‘— Another valuable Video!!

  9. arthritis I HAVE IN MY NECK SAID THE DOC.You maybe been wondering why him ole never said wooooooooooooooooooo i got a sale.I felt my life was over in 2 years but I learned to live with it.ok I do full power this year here bcos affiliate marketing is so cool.To sick people accept your e sick but there's 2 ways in life.1. go down or fight back.Good luck and Marissa is clever and shes giving here heart into helping us.

  10. Your sister is too cute ๐Ÿ˜Š And great content yet again! Thank you for all of this. I was happy to see event planning made the list๐Ÿ‘๐Ÿผ I would totally screenshot this, but Iโ€™m not on IG anymore but I gave it a like! ๐Ÿ‘Œ๐Ÿฝ

  11. Oh I love you ๐Ÿ˜
    You are so amazing.
    Jesus please give me this Marissa Romero for me. I'm in love with her

    Amen. ๐Ÿ˜˜

  12. Oh๐Ÿ˜™๐Ÿ˜˜ your sister, she is beautiful, and thank you for sharing this great idea ๐Ÿ˜๐Ÿ˜๐Ÿ˜๐Ÿ˜

  13. 13:15 No lie! I just purchased a course on Udemy that was ranked pretty much at the top of the niche, even though the instructor repeatedly pronounced the word that's the main topic of the course wrong the whole time. You definitely do not need to strive for perfection when creating an online course in order to be successful with it.

    Side note: I was low key expecting this video to be pretty much regurgitation of the same information that's all over YouTube but you came with some fresh ideas that I wasn't even thinking about. Respect! #LikedandShared ๐Ÿ’ฏ๐Ÿ™Œ๐Ÿพ

  14. Hi, sir
    I want to start Facebook marketing.

    I want to use Facebook business manager account.

    I don't have any company registration because I start my business very low investment.

    After making some profit I will do company registration for my business.

    My question is-

    Can I open and use Facebook business manager account without any register company?

    Is company registration needed for opening Facebook business manager account?๐Ÿค”๐Ÿ™„

    Now If I don't give company registration documents in Facebook business manager account then-
    is Facebook banded my account?๐Ÿค”

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