Whether you’re starting a business on the side while still employed elsewhere, a student or homemaker looking for extra income, or unemployed and trying to figure out what to do, there are plenty of opportunities for you to start up a side business inexpensively. It’s unlikely any of these will make you a living in the first few months, but they all have the potential to grow into full-time businesses. We’ll take a look at 10 such opportunities and, most importantly, tell you what to do with the $20!
1. Webpreneur
It’s what everyone who’s ever surfed the Web dreams of—just stick a web site up there and watch the cash roll in! Well, that just doesn’t happen overnight, but the fact of the matter is it’s really not very hard to do. To do it right, start by picking a subject matter you know a lot about. Then get a domain and create a web site. It doesn’t even matter what technology you use—just be totally anal-retentive about it looking good and provide plenty of original content. Now find some appropriate affiliate programs—that’s where your revenues are going to come from. Next, learn everything you can about search engine marketing and promote the heck out of your site. Last of all, set aside time every week to put new content on the site, delete dead links, and other maintenance. Now do this three or four times, and you’ve chosen your topics well, you might actually have some decent income from it.
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We know that most of you have been waiting to find out how we’ve done in the last few months. We haven’t reported our income recently but that’s just because we have been too busy with other aspects of our lives. Yet, blogging has really become a great source of income for us. Just imagine living off of the income you make through blogging (as a supplement of your regular paycheck of course) month after month. It’s exhilarating.
“You spend that much time in front of a computer blogging?”, said one of our friends. “I don’t even have the time to sit down and watch TV - how do you do it?”
