August 2, 2008

Start a Business With Little or No Money- Part 6



If you have a web site that you would like to monetize, one of the best ways to create profit is to sell other merchant products on your site. The beauty of affiliate marketing is that you share the commission when you either produce a sale for them or produce a lead to their web site. The affiliate merchant sells the product, collects the money, and then sends you the commission once or twice a month.

There are many affiliate marketing sites, each with their own products and each with their own ways to pay their affiliates that sell for them. Some of the well known affiliate sites are Commission Junction, Clickbank, Amazon and PaydotCom.

If your web sites can reach lots of visitors that buy your featured affiliate products you can make lots of profit each month. Many top affiliate sites make thousands of dollars each month just by having their visitors buy other merchants affiliate products.

Most affiliate marketing sites are free to join for affiliates and can be free or cost a few thousand dollars for merchants wanting their products to be sold. Affiliate marketing sites usually just require your contact information and bank information if you would like direct deposit each month or bimonthly to your account. If you would like to monetize your site, look into affiliate marketing sites.
As we discussed in the previous parts, having a great work history and ethic does not guarantee that you will retain your job. There are many culprits to blame, such as changing economic times, technology replacing humans works, and outsourcing work to foreign companies. The only real way that you ca retain your job is not put yourself in the position to be fired. This may seem impossible, but is really quite simple. You have to become your own boss.

Perhaps you are not worried about loosing your job, but you realize that you will never have the chance to advance any further in the company you are working for. Your monetary resources are capped out, and you will not be able to provide any better of a lifestyle for you and your family unless your pay increases. Again, the only way you will be in total control of your finances is to become your own boss.

The only way to be the boss is to start your own business. "But I do not have very much money, if any at all." you say. Well in today's culture there are quite a few businesses that can be started for little or no money at all. This is not a get rich quick scheme, I am not saying that you will be making five grand a month from the very beginning, but I am telling you, that no matter the amount of money that you have, you should still be able to start a business without much fuss.

Here are some more examples of businesses that require little or no money up front:

Apartment and Rental House Preparation

Local real estate agencies that host rental properties as well may hire make ready services for their properties. The best thing about this job is the fact that they typically supply all the tools and materials needed to complete the job.

Make ready services complete not technical services such as cleaning, painting, and small handy work (replacing door handles, light bulbs, etc).

Talk with your local apartment complexes and real estate agencies. You may also consider placing an ad in your local newspaper as well.

Restaurant Delivery Service

Restaurant deliverers, take orders by phone for local restaurants, go pick up the food, and then deliver the food the office or home of the person wanting it.

The only thing you will need is the vehicle in which to transport the food.

You may want to consider a detailed flyer stating the businesses you will pick up from, or a website that contains the complete menus of each. Talk with local businesses about possibly referring you to their customers.

By collecting a delivery charge and tip, the owner makes a substantial amount of money.

Valet Parking

Valet parking is simply the act of driving a person vehicle to a designated area to save the walk.

Local businesses may need valet parking at different times. You will want to contact then so they know that your service are available.

Businesses that offer event planning may also have an interest in your services and may call whenever you are needed.

No only will you receive a fee from the business for providing the service, but the majority of people who use valet parking will pay a tip as well.

Just let your local businesses that your services are available.

2 comments:

Brendan Mosby said...

Nice article. I'll have to keep this one in mind, because I plan on buying a business soon. ...Though I might follow this... Anyway, I want to buy one instead of starting one from scratch, because I think it'll be easier for me. I've been looking one to buy, but I haven't had much luck. Do you have any suggestions? Thanks.

Miranda Jonston said...

@Brendan -- I suggest looking into small business groups in your area, like your local Chamber of Commerce. They might be able to help you.

There's also BizTrader.com, which is an online global marketplace where you can invest in, buy, and sell a small business. There are plenty of businesses to choose from, so I'm sure you'll find what you're looking for. You can also use it to find a lender or find a broker, should you need either. Good luck!