Show notes
Learn how to earn money without investment of any kind... 5 strategies to hustle up a bankroll to start a real business.
The first and most important idea is this: if you are not in a position to invest money to help you earn extra income then you will need to leverage resourcefulness.
Your lack of resources (not having any money to invest) can be made up with your willingness to do whatever it takes following one of these five strategies to make extra money.
The second key before we get into the five strategies is that you must reinvest in your side hustle to turn it into a business.
No successful entrepreneurs who are paying off debt and buying houses are operating from a mindset of "I need my business to cost me zero every month." We are all investing in our businesses whether it is in new advertising, technology, teammates, etc.
So the goal of this video is to help you understand how you can leverage a side hustle to build up your bankroll that you would invest into a proper business model.
Okay, let's get into the five how to make money without investment strategies.
Number one: Sell stuff you don't use! Stuffed away in drawers, in your garage, in closets, or maybe even in the trunk of your car there are items that you don't use or value that other people would love.
I sold one specific day pack backpack that had a hole in it and was used aggressively for five years for over $30 on eBay. I was very clear it had a hole in it and people still wanted to buy this day pack!?
The second strategy for making money without investment is to obtain free items from Craigslist and sell them on eBay or Facebook marketplace.
Many people in your area are trying to liquidate items and clear out rooms and they just want the stuff gone. They don't want money for it but they do want you to come pick it up…
There are other people probably in your area who actually want and might be seeking out that exact item… They probably just aren't looking in the free section on Craigslist. Paragraph you can become the middleman and broker your self an income based on moving those resources from one location to another.
Number three: affiliate marketing. This is our first how to make money online approach and it is not as fast as the others. Making money through affiliate marketing takes time because you must create enough valuable content gets ranked by the search engines and builds trust with your audience… This simply takes time and energy.
I explain how you can use both YouTube or the free WordPress.com platform to get started, but the best opportunity to learn about how to make money with affiliate marketing is through my playlist found here: www.youtube.com/watch?v=-tD97-K5TeE&list=PL0sOKzn__yK1N9QS91pLZA-OCIc8d56xZ
Number four: offering services with what you have. This requires some creative thinking for you to analyze what assets you have available to you… Do you have a lawnmower? Do you have a truck? Do you have a snow shovel? Do you have a bucket squeegee and some rags?
You can easily start helping neighbors with their landscaping or lawn care, helping locals moving furniture or hauling, shoveling snow, washing windows, etc...
There are plenty of ways for you to add your energy and willingness to do the work in exchange for money from those local homeowners in your area.
I share a specific trick for selling these kinds of services in the video…
Number five way to earn income with zero investment is by freelancing.
Generally you need to have a skill set that is valued by others in order to get into freelancing. Have you been transcribing videos or audio for 10 years in a corporate setting and simile want to work from home? Write exhalation point there are many people who need transcript and services...
Have you been an executive assistant for a decade and want to work from home as a virtual assistant? Up work can help you connect with people searching out your services.
Data entry jobs, copywriting, editing, video editing, graphics design, there are many ways that you can leverage skills you've built over the last decade to other Disney's is remotely through freelancing.
With enough ambition, energy, and resourcefulness you can definitely find ways to earn money with no investment.
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