TOP 5 Online Businesses To Start With LESS THAN £100

TL;DR

Discover five online businesses you can start with less than £100, including eBay drop shipping, drop servicing, video editing, Shopify dropshipping, and starting a YouTube channel.

Transcript

if you don't have a lot of money to start your business in 2021 i'm gonna go through at least five online businesses that you can start with less than 100 pounds you're definitely not going to want to miss this video let's get right into it what's going on people welcome back to my channel if you're new my name is sam and i'm a full-time seven figu... Read More

Key Insights

• 📦 eBay drop shipping allows you to sell products without investing in inventory upfront, using suppliers on Alibaba to ship directly to customers.
• 🐕‍🦺 Drop servicing is a service-based business model where you connect service providers with clients, acting as a middleman.
• 👨‍💼 Video editing for YouTubers can be a profitable business if you learn the skill and offer your services directly to YouTubers.
• 💨 Shopify dropshipping has less competition than eBay, but you'll need to find ways to drive traffic to your store, such as using influencers or Google Ads.

Questions & Answers

Q: How can I find suppliers for eBay drop shipping?

Alibaba is a great platform to find suppliers who can ship goods directly to customers. Look for "ready to ship" suppliers who can dispatch goods within seven days.

Q: How can I approach YouTubers for drop servicing?

Reach out to YouTubers through email or Instagram, offering services they may need, like video editing. Once you secure a client, find a freelancer to complete the task and charge the client a higher rate.

Q: Do I need advanced equipment for video editing for YouTubers?

No, you can start video editing on your phone by finding a suitable video editing app. Many successful YouTubers have started by recording and editing videos on their phones.

Q: How can I drive traffic to my Shopify store?

Consider using influencers to promote your products or use Google Ads. To maximize your ad spend, use upsell apps to sell additional products to customers who make a purchase.

Summary & Key Takeaways

• eBay drop shipping: Import stock and sell it one by one on eBay without investing in inventory upfront by finding suppliers on Alibaba who can ship goods directly to customers.

• Drop servicing: Act as a middleman, connecting service providers with those in need of services, such as editing videos for YouTubers, by contacting them and finding freelancers to complete the tasks.

• Video editing for YouTubers: Learn video editing and offer your services directly to YouTubers, keeping the profits for yourself.

• Shopify dropshipping: List products for sale on Shopify, drive traffic to your store through influencers or Google Ads, and maximize revenue with upsell apps.

• Starting a YouTube channel: Earn passive income through AdSense and affiliate marketing by building a niche-based YouTube channel and advertising products or services through affiliate links.