If you've stumbled upon
this Hub, chances are
you're looking for ways
to make money without
shelling out cash.
Well, the good news is
that I'm not about to
sell you a get rich quick
scheme (if you do find
one that works, please
tell me about it!).
What I am going to
show you are ten ways
to earn money which
don't require you to
outlay much cash, if
any.
1. Start a flyer
distribution run
Businesses looking for a
cheap way to advertise
will often resort to
flyers placed in
mailboxes of nearby
dwellings.
While this market is
often dominated by
large marketing
distribution companies,
you can edge in on
their turf.
Visit some local
businesses and offer
your services at a
competitive rate. A
good rate seems to be
$20 per thousand for
the average suburb.
You'll need to walk
quickly and drum up
some work from several
businesses to make it
worthwhile financially.
Offer a written 100%
deliver-ability guarantee
to sweeten the deal.
2. Set up as a 'green
business' consultant to
businesses
Businesses are
increasingly looking to
do their bit for the
environment.
If you have a good
knowledge of 'living
green' you may be able
to set yourself up as a
consultant, charging a
fee for an audit and list
of recommendations.
You will provide advice
to businesses on items
such as recycling,
electricity supply and
use of ethical products.
You can even produce a
consistent income
stream by sourcing and
delivering things like
free trade coffee or
arranging recycling of
office equipment.
3. Cyber mystery
shopping expert
Most of us have
purchased products
online, why not set
yourself up as an expert
in online shopping?
You'll make enquiries
and purchase products
online, providing
retailers a detailed
report on how quick
they respond, the
quality of their emails
and communications
and areas in which they
can improve.
4. Focus group for
designers or advertising
agencies
Advertising agencies and
designers are constantly
designing new
advertisements and
brochures and
surprisingly have few
people outside of their
business to provide
feedback and thoughts.
Why not set up a
lucrative business as a
'focus group' expert?
You'll take the work
from the designer, get
the thoughts of a dozen
of your friends and
family then provide the
designer with a written
report on the feedback
you gathered.
It's always a nice idea to
share a cut of the
profits with your
buddies so they'll help
you again!
5. Tour operator
Why not set up a
special tour to take
locals or tourists on?
Know some haunted
houses or scary stories?
Got a good knowledge
of the local wildlife or
sites? Know about a
local fishing or scenic
cycling route?
Sell some tickets, pay
for the outgoing items
(like a bus, boar or
bikes), run the tour and
pocket the profits.
6. Online surveys
As crazy as it seems,
there are hundreds of
online surveys and
schemes that will pay
you to complete surveys
and share your views on
all sorts of topics.
Some of them are
better than other and
many of the more
reputable ones may
require you to go on a
waiting list, so have a
good look around.
7. Referral fees
Ever walked by a house
that clearly needed
painting? Ever spoken
with a business owner
that needs a good
accountant?
Don't let these
opportunities pass you
by. It's an opportunity
to get yourself a nice,
juicy referral fee by
linking up buyer and
seller.
You'll need to do a little
research, set up a
meeting between buyer
and seller, arrange a
cut of the profits if a
sale is made, sit in on
the initial meeting and
(fingers crossed) pocket
your referral fee.
8. Information broker
Even though we live in
the information age, it's
more and more difficult
to get access to good
information.
There's a goldmine to
be made by setting
yourself up as an
'information broker'
gathering difficult to
find information for
clients (often
professionals) and
presenting it in an easy
to digest report.
You'll need good
computers skills and be
willing to do a little
'detective work' for
some of the juicy
information.
9. Delivery service
Plenty of businesses
need products delivered
but can't do it
themselves.
If you've got a car, bike
or feet, you could fit
this gap.
For best results, try
specialising in a
particular field, like
confidential documents,
food or furniture.
10. Become an expert
'sourcer'
I once heard of a very
rich guy who was an
expert at sourcing
products from China.
he would find the best
manufacturer for a
given product and was
the 'go to' person
between the
manufacturer and
client.
You could become an
expert in sourcing a
particular product.
For example, you could
become the number
one expert in the USA
at sourcing wines from
Chile or organic t-shirts
from Thailand.
Most businesses are
worried by the risk of
dealing in unknown
markets and will reward
you handsomely.
Summary
As you can see, there
are limitless
opportunities to make
money without money.
Why not start thinking
up some of your own?
Most of my ideas
require a little bit of
entrepreneurial flair on
your behalf, but if
you're willing to have a
go, you could turn no
money into a mountain
of money.
Good luck!
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