7 ways to start a business for just 100 dollars - ForumDaily
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7 ways to start a business for just 100 dollars

Фото: Depositphotos

Even if you like your work, investing your time and energy in the realization of other people's ideas can lead to disappointment. If you don’t feel like being involved in a job, then perhaps it’s time to start thinking about starting a business. Despite the fact that turning a hobby into a source of income seems to be a difficult task at first glance, this may be the best solution in life. Especially since you really don't need a lot of money in order to become the boss to yourself. Below are ideas for a business that can be run with a starting capital of 100 dollars and less.

1. Open a business related to needlework

If you like to make wallets, rag bags or crochet hooks for yourself and friends, then you can try to expand the audience and start selling your creations. Perhaps soon your hobby will start making money, and you can do it full-time.

This happened to Lin Ross, owner of a color yarn company. Forbidden Woolery. “I started doing this because of my love for knitting. My mom owned a craft store, so I learned to crochet when I was about 4 years old. This has always been a part of my life,” she said.

In 2007, Ross became interested in making yarn for knitting and dyeing it in unusual colors. For 75 dollars, she bought spinning fiber and a set of dyes. As a result of the experiment, 12 skeins of yarn were manufactured and sold. At first she was engaged in dyeing yarn in the form of a hobby and produced small amounts of yarn, which were quickly bought up. As a result, there were so many orders that Ross was able to afford to leave work and fully focus on her business.

2. Selling any hand-made items

Maybe yarn and knitting is not yours. But there are many handicraft areas where you can start with small investments (100 dollars) and then develop into a large business.

For example, you can focus on selling: clothes, accessories, paintings, sculptures and other works of art, clothes and accessories for pets, toys (for children and pets), candles, soap, books and more.

If you do not have a budget for opening a store, you can post products on the site. Etsy. When you sell your product there, the site charges a commission of 3,5% plus a processing fee of 3% plus 25 cents.

3. Sales organization

If you like to organize everything and know about antiques, you can start a business organizing sales. Although the sales of things usually going on at the weekend, during the week you will ask the price of goods, look for interesting lots. In addition, you will need a well-honed skill of self-presentation and knowledge of the basics of marketing, as you will constantly communicate with potential clients, customers, experts. In order to start this business, you have to get a license.

4. Online courses teacher

If you are an expert in some field of knowledge, then you can open an online training business. Online teachers determine their own hours of work and the price for services.

To become a teacher on Tutor.comYou need to be at least a college sophomore. You just have to pass an exam on the subject you want to teach.

An online tutoring company receives payments directly from students and transfers funds to your account. PayPal. Check if the insurance company provides liability insurance. If not, you can purchase tuition liability insurance yourself from 22,50 US dollars per month.

5. Lice removal

Every year, thousands of children suffer from pediculosis. Parents are willing to pay money to professionals who will help in getting rid of these pests.

You do not need special certificates or accreditation to remove lice. However, the availability of medical education will add confidence. Learning to remove lice is possible by viewing a number of free videos that are published on sites such as The Lice Place and National Pediculosis Association. Of course, you will need a working license, and you will have to pay about 62 dollars per month for liability insurance.

6. Cleaning pet excrement

You can start the pet excrement disposal service. So, cleaning a 1 heavy garbage bag can cost at least 20 US dollars.

If you are engaged in this business, you will definitely make the world a better and greener place. A dog's excrement gram may contain 23 of a million fecal intestinal bacteria, which are known to cause diarrhea and lead to kidney disease when it enters the human body.

7. Event Organizer

If you like to organize birthday parties for friends or discos, then you can easily start making money on it. To start a business organizing events, it is necessary first to analyze the market and identify potential customers, as well as develop a competent business plan and marketing strategy. We also recommend to take specialized courses. If you decide to open a business for organizing events, then the start-up capital and there may be only 100 US dollars.

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