Want some profitable home business ideas that you can start with $100 or less? read on
If you are looking to start a home business, one of the things that often worries you may be how much capital you need to start your home business.
This issue of capital has made people delay their dreams of starting a profitable home business and also made it impossible to take off.
No matter the number of profiable home business ideas you send their way, they see to always want all things working out first before taking a step.
For some people they seem to make their life more complicated by seeking to start a business with all the i’s dotted and all the t’s crossed.
They want to ensure all the ducks are in a row before finally taking off.
Guess what? no one that is serious about starting a business has all that figured out.
It is enough for you to create your business idea on paper using a home business planner
But after you are done writing all that business plan and finding out what you need to do.
It is time for you to take action.
If you do not take action, all that planning will be a waste and you will still be telling stories months after.
With the current loss of jobs and the continuous onslaught of the COVID19 pandemic.
It is time for you to make a decision to start that home business either as a full-time job or as a side hustle.
Whichever way you want it, if you have just $100, I am going to share with you 10 profitable home business ideas that you can start online.
For each Idea, I will break down the cost so you can see that it is no mean joke.
I don’t write unactionable posts, that is not like me.
I write posts that make you want to take action immediately, not later, not tomorrow.
Are you ready to learn the 10 profitable home business ideas that you can start with for just $100?
Let’s dive in
10 Profitable home business ideas——Startup Cost $100
Blogging is the act of sharing free information online about a subject matter or niche that you know about.
In sharing that information you educate your audience and influence them to make certain decisions about that subject matter.
Blogging is one of the most popular online businesses you can start with $100 or less because what you are actually selling is an information product.
Infoproducts are knowledge and skill-based so you don’t require any form of phyiscal inventory for you to start your business.
I love blogging because it has changed my life, given me the opportunity to work from anywhere in the world, and also given me a space and voice online.
For you to start blogging, you need about 3 things.
This is as simple as it goes, once you have a topic, it represents your niche which you are going to write about.
Your audience represents the people you are speaking to or your target market if you wish and your product is the solution you bring to solve their problems.
You see, blogging is not just about writing any stuff that comes to your mind, no, it is about finding out what your audience is searching for and giving them the solution to their problems.
Once you do that you can make money from your blogging.
If you want to know the 5 ways that you can monetize your blog, read this post I wrote on how to make your first 1k from your blog.
Sign up for my course if you need to because I will be unveiling all that I have learned in my few years of blogging.
Now that I have explained to you what blogging is all about, you may be asking how do I start a blog with $100 or less.
Stay withe me and I will break it down for you
If you follow my formular you can start your blog in just one week with a $100.
If you choose to follow all the various advice you see on the internet, you may spend close to $500 and you have not even started.
So here is what you need.
Once you have all that I have mentioned above settled, that is you know your topic, you know your audience and you know your product you are ready to start.
Even if you don’t know a product to sell yet, you will find out after you start out.
The next thing to do is to build your blog website.
Yes, you need a blog website to start a blog, you cannot blog on Instagram or Facebook, it will not work and it is not searchable.
So, to build your blog website, you need to know how to design a website using WordPress.
WordPress is the best content management system for blogging becuase it was solely built for blogging.
I know a lot of people shy away from using WordPress because they claim it is difficult to learn.
It is not difficult if you know where to get the right materials to learn how to build it.
I have taken the time to gather up all you need to learn and compressed it into a course called WordPress Without Tears.
Infact you can have your website up in a week if you follow my course
I created the WordPress Course to break down all the difficult aspects of building a WordPress blog and make it simple.
With my course, you will design a blog website in less than a week if you are serious about getting your website up and running.
Tap the button below to get the course
WordPress Without Tears
A course designed to help you build a WordPress blog website even if you have never built one before.
The next thing you need to do before you even start building a website for your blogging business is to buy hosting and domain name.
These two components are what you require to host your website online.
A hosting company serves your website to visitors anytime it is required online while a domain name secures your sole access to a name you choose online.
You will know more about how to choose a name for your business online in my course.
To know how what hosting company to choose, here is what I will do for you.
I will make life easy for you by suggesting a hosting company that offers you a free domain name and a hosting plan that is very cheap for your first year of blogging.
That company is Ipage.
Ipage is the hosting company, that supplies hosting to your business for $36 dollars a year, they also offer you free domain name and free domain email.
So to tally up the cost of starting your Blog, here is what you need to spend.
WordPress Without Tears Course: $62.5
Hosting+Free Domain Name + Domain email: $36
Total cost: $98.5
Still want more profitable home business ideas that you can start with a $100? Lets get to the next one.
This business is one of the easiest businesses you can start with less than a $100.
But it will only work for you if you know how to create beautiful designs.
Print-on-demand business is about creating designs and uploading on different articles, this may include clothing, mugs, pillows, etc.
It is easy to build because most of the heavy lifting is being taken care of by other partner companies whose business it is to deliver your products to your customers.
Here is what you need to do to understand how this business works. Go to my post and read how to start a Print-on-demand business.
The good thing about print on demand business is that you can actually start this business within a week.
If you have $100 today, you can start your business easily, especially if you already have a skill for creating designs.
To start a Print-on-demand business, here is what you need
- Designs to upload
- Shopify store
- Advert budget
Before you start a print-on-demand business, you will need to know how to build a Shopify store, you will need a well-structrured tutoring class to help you to start your Shopify store.
Here is what you need to do, get my Course on how to build a Shopify store. One thing about building a profitable home business is to understand how to save time and get your business set up as soon as possible so you can begin to make money.
Want to start building your Shopify store like today after reading this post, here is what you need to do.
This course will help you to start your print-on-demand business within a day of reading this post.
Remember that if you do not take action now, you will forget you can do this by yourself.
For this post alone, I offeirng you a coupon to help you start your business
This coupon is for those who will take advantage of starting their Print-on-demand business this week and want to build a Shopify store.
Use Coupon YVEI0PV3 to get 40% off this course.
Shopify Unbundled Course
Are you a Newbie business owner seeking to build your first online shop? Shopify unbundled course will guide you step by step to build your first store in less than 3 days
What is the cost of starting your print on demand business
Shopify One month subscription: $29.00
Advert on FB: $33.5
Total cost: $100.
Now that you have two of my most profitable home business ideas, let’s get to the 3rd one.
3. Dropshipping Business
Dropshipping business is an idea that has taken a hold of the ecommerce business right now.
In fact, this is one of the best ways to start an online store without inventory
With a dropshipping business, you do not have to hold any inventory at all, your main work actually is marketing your business and getting sales.
You now connect with a product seller who delivers your product to your client.
The biggest part of dropshipping is that you practically use the amount you were paid to make a purchase and fulfill the order.
You are only concerned if the goods do not reach the buyer, in which case you can go back to your supplier to find out what happened.
So how does dropshipping really work?. Simple.
Choose a niche that you want to play in, this means you know what types of products you want to sell.
It could be shoes, apparel, bags, hand-tools, home appliances whatever it is you want to sell.
Just choose your product type, grab the pictures from the seller, put it in your online shop, put a price tag and sell it.
Once you sell it, go to your supplier where you got the pictures from, purchase it, and ask them to ship it to your customer directly.
You don’t have to touch the product or even see it.
This idea is a profitable home business idea because you do not have to handle any shipping at all.
If you want to learn more about dropshipping , please read my two posts
So how much does it cost to start a dropshipping business?
Shopify Unbundled Course: $37.5
Shopify subscription: $29
4. Virtual assistant
A virtual assistant business is a skill-based business that is built on your helping small business owners online to do tasks that they don’t want to waste time doing.
A Virtual Assistant is like the admin officer of those days only that this is done online, they offer services that include website maintenance, Pinterest management, Social media management, creation of lead magnets and any other small business tasks that you don’t want to do yourself.
A Virtual assistant can charge an hourly rate or per-project rate. To start this business you only need the following.
Defined skill set that you wan to sell
A website- to show your online presence
So how much do you really need to start your virtual assistant business?
WordPress Without Tears Course: $62.5
Total cost: $98.5
If you want to learn how to start a virtual assistant business, read this case study, it will help you a lot.
Now that we are almost halfway through our list of profitable home business ideas, you may be wondering, if it costs this less to start a home business why have I not done this since?
I will tell you why? Because most people who want to start a home business are waiting till they have the finest website and the best looking social media channel before they start.
While they wait, the train for small businesses keep moving, don’t want any longer, dive in now.
5. Freelance writer
Do you really love writing, you always seem to have a bit of angle to a story and you love to put down words on your paper, this may be your $100 business idea.
A freelance writer offers her writing services to small businesses and makes money from writing articles for them.
A freelance writer does not need much other than a laptop and a website.
Freelance writing has been an opportunity that many have taken to get them off the 9 to 5 hassle.
Because becoming a freelance writer means you can work at your own pace at any time at all.
So what does it take to be a freelance writer?
A Niche- You need to what niche you want to write in so you can market yourself appropriately.
Sample articles to show your clients you can write
Website- To show your online presence
Some people think that freelance writers make peanuts and should not be taken seriously.
Even though there are those who make next to nothing, but there are writers that make six figures from writing.
How much does it cost to start this business?
Webhosting plus domain name: $36
WordPress Without Tears Course: 62.5
Total cost: $98.5
6. Small business Coach
Do you have a way of guiding people to do what they ought to do so they can get the results they want?
Becoming a small business coach is one $100 dollar business you should not miss out on.
To become a coach you must have some coaching skills or perhaps even taken training on how to become a coach.
The next thing you need to do is to set up your home business.
To set up you online business, you need the following
A business website
With a business website, you can book your clients and get ready to start your coaching business asap.
So how much do you need to have to start your coaching business?
It is simple you just need a
Webhosting plus a domain name= $36
WordPress Without Tears Course: $62.5
With these two all set up, you can start your coaching business within a week and within a budget of $100.
If you need to do some advert to get people to know more about your busienss then you need to spend more.
If you can’t afford to spend more, start with offering your service to friends and family and ask for referrals.
7. Care package business
In these times when the Pandemic has driven everyone to the point of isolation, there is no business that is booming like the care package business is.
A lot of people are sending all sorts of care packages, from Covid care package to elderly peoples care package
Because of the demand, a lot of people need help to send a care package to their loved ones.
If you are seeking to start your profitable home business with just less than $100, here is one that can fit in but with some caution though.
I call it caution because you need to show pictures of your products which will cost you a little amount to put together.
So what do you need to know to start a care package business
I will advise that you read my post on how to start a care package business first
Once you are done, you can sign up for my care package business course which is currently open for enrollment.
In this course, I will teach you how to build your care package business from scratch until you start marketing it for sales.
To start your care package business how much do you need?
Here is a breakdown.
Total cost: $88.99
If you want to throw in some small advert to help secure your first clients, you can use about $30 to advertise your products.
You will also need to use about $50 to package your first sample products.
8. Book keeping
Bookkeeping is a skill that is in demand for a lot of small businesses that are online.
Having a book keeping skill that you can convert into a business is one of those profitable home business ideas that will cost you just $100.
A bookkeeper uses her skill to help others keep their business finances up to date.
This type of business is based on a skillset, so it is a given that you already have the skills.
All you need to do is to find people who require your skills and you are in business.
So how much does it cost to start a book keeping business?
You need an online presence and some marketing budget and you are good to go.
Webhosting + Domain Name: $36
WordPress Without Tears Course: $62.5
9. Online Boutique
Do you have a love for fashion, then this is one business you can start with for less than $100.
Why is this so, because you can use dropshipping to start an online boutique where you get to sell clothing and fashion items.
If you understand how to dropship your products from China or even from your local suppliers, you can start a profitable home business selling fashion items online.
This business is easy to start and sells well if you understand how to manage your logistics and ensure that your customers are satisfied.
To read in-depth about how to start an online boutique, read my post on this business
So how much does it cost to start an online boutique?
Shopify unbundled course: $37.5 Use Code: YVPI0PV3
Marketing costs: $33.5
So we are almost rounding up our post on 10 most profitable home business ideas that you can start with a $100, it amazes me how much time people spend deliberating if they should start a home business or not.
Most times, they spend more than what they need to start a home business on frivolous things yet, lack the financial commitment to start a home business.
Let us get to the 10th one before we look at 3 things that can stop your from starting a home business.
10. Teach English online
Are you a native English speaker, do you have a degree and some form of learning? you can start a home business by teaching Kids English as a foreirgn language.
Companies like Qkid and ViPKid and other ESL companies are hiring Native English speakers daily to teach English as a foreign language to kids who cannot speak English.
Guess the cost of starting this business? $0, you only need to apply and be selected, take their test, and your business starts.
Now that I am done sharing with you the 10 best profitable home business ideas you can start with $100, let us look at the 3 most popular reasons you have not started your home business and we can bust those reasons now so you can start.
3 most Popular Reasons why you can’t start your home business
1. I don’t have capital
This is one of the most popular excuses why people can’t start a home business.
You give this reason always, oh I would have loved to start this business but I don’t have the cash to start out.
Here, let me help you out to bust this reason; If you have a computer, a phone, and internet, then you can definitely afford $100.
I have shared with you 10 profitable home business ideas that you can start with for just a 100 dollars.
If after reading all this you still feel like you still don’t have the cash to start but you really want to start your home business.
It is time to pawn your valuables and be determined to start a home business that will make you enough money to retrieve your valuable item or buy a better one.
So here is what to do, get together all that you have and look for items that you can sell off to make $100. Once you can do that, then you can start out
2. I don’t have time
Mmmm, this is another reason you have never made a move on your idea even though you have had that business idea in your mind for ages.
This one reason is often given by those who work outside the home or perhaps you are a stay at home mom who has your hands full with kids and all.
I understand it is really tough for you especially if you have to hold down two jobs to make ends meet, but here is what you need to do so you can have an exit plan from that soul draining job.
Commit one hour a day to working on your home busniess idea.
Just pick a time that you can fully sit down at your desk and do one solid task that moves you closer to your business idea.
Find the time to do this every day and you will be surprised that your business is up and running in two months.
If you clock in one hour a day for one month, that is 30hours that you have used up.
If you do it for 2 months, that is 60 hours you have used up. None of the businesses I mentioned above requires up to 60 hours to set up.
This is one maths you need to do so that you can finally take action on your ideas.
Now let us get to reason number 3
3.I will do it later
Time waits for no one dear, later can be in 10 years time. So do it now, take one action towards starting your business.
It could be to purchase a course, buy a subscription or even start by planning your business.
Whatever you need to do , don’t keep till tomorrow what you can do now.
If you don’t make the commitment, you will find out that you have spent the same amount of money on something that does not yield any fruit to you.
Are you ready to start your business with $100? put action to your thought and do it today.
Do you have more profitable home business ideas you can start with a $100?
Drop your comments below.