What Online Business Can I Start with 10k?
Starting a business with a small investment is such a good business idea for beginners in India. But if we're talking about starting a business with a small investment like 10k, the first question that comes to mind is, “What online business can I start with 10k”. Don’t worry, we are here to help you out and suggest the best options for starting an online business with a low investment.
Several people started their online businesses because they had proper knowledge about the business they had started. So, the first thing you need to start an online business for 10k is proper research and knowledge. But don’t worry, if you don’t have any idea about opening an online business with a low investment; we are here to provide you with various options to start an online business for 10k.
Below are some online businesses you can start today with low investments in India:
1. Blogging
If you are looking forward to starting your business and earning money with a low investment, then you should be aware of the question “what online business can I start with 10k”.
So, we want to suggest the blogging option. I think blogging is one of the most common answers to the question, “what online business can I start with 10k”. In the blog, you can share your feelings and experiences in the form of videos, pictures, and writing. In the era of the digital age, blogging has evolved to become the backbone of successful businesses, and bloggers are looked upon as online influencers.
Starting a blog can be an exciting and fulfilling endeavor. Here are some steps to help you get started:
• Choose a niche
• Define your target audience
• Select a blogging platform
• Set up your blog
• Choose a domain name
• Plan your content strategy
• Start creating content
• Promote your blog
• Interact with your audience
• Analyze and adapt
Remember, building a successful blog takes time and dedication. Stay consistent, keep improving your writing skills, and adapt to the needs of your audience. Enjoy the process, and have fun sharing your passion with the world!
2. E-commerce businesses
When someone is thinking about “what online business can I start with 10k”, I'm sure starting an e-commerce business will come to mind. Many e-commerce platforms allow people to start small businesses with low investments. You can sell products through e-commerce platforms, and it does not cost that much. The major benefit of starting an e-commerce business is that you don’t need to rent a store to sell your products; you can easily sell them online, which will help you save money. You can either search for “how to sell on Amazon and Flipkart” to get the depth knowledge of e-commerce business.
The necessary steps to start an e-commerce online business for 10k are:
• Choose a niche for your business
• Select the products to sell
• Make a business plan and business model
• Build an e-commerce website
• Setup a payment method
• Upload your products
• Launch your website
• Start to earn money
3. Youtube content creator
YouTube is a platform that allows people to upload or watch content in the form of videos.
Basically, a YouTuber is a person who creates their own channel on the YouTube platform and uploads videos to the platform. To become a YouTuber, you don’t need to spend a lot of money; you just have to create your channel for free with a unique name. So, becoming a YouTube content creator is also an option for “what online business can I start with 10k”.
The necessary steps required to become a YouTube content creator are:
• Identify a niche or interest
• Setup a YouTube channel
• Plan a content strategy
• Make high-quality videos
• Optimize your video
• Engage with the audience
• Promote your channel
• Optimize and analyze the performance of your youtube channel
• Monetize your channel and start earning money.
4. Online tutoring
Many online tutoring websites and platforms offer teenagers and college students the opportunity to give tutoring classes to kids and children. To start tutoring classes, you just need to register yourself on a tutoring website or platform as a tutor.
Although online classes have been running for 3–4 years, they are being emphasized in 2020 due to the pandemic. When everyone got locked down, there were no chances to go outside. Children had never been on such long vacations, and this had made them overwhelmed, but somehow the parents and the school staff were not happy with this. They were concerned that the flow of the children's learning may be affected if there is no cognitive process given to them. Hence, schools have started offering online classes. So, we can say that online tutoring is also a very good and profitable option “what online business can I start with 10k”.
Online classes are being run via certain apps, but some schools and people are also preferring YouTube to provide the online material. So online teaching may be a good option for you to start learning.
5. Become a Freelancer
A freelancer is an individual who earns money as per the tasks given. Freelancer earns money by offering their skills online. Wondering “what online business can I start with 10k”, Freelancing is the answer. Anyone with skills like graphic design, content creation, programming, etc. can earn wages on a per-task basis. In simple terms, freelancers do not work for a firm; they just look for a task that matches their skills, complete it, and hand it over to the client.
The steps required to become a freelancer are as follows:
• Define your business goal
• Find a perspective niche
• Identify your target clients
• Set your rates per task
• Create your portfolio
• Find your first client and then expand your business.
6. Sell Ebooks
Many big e-commerce platforms like Amazon and Flipkart offer ebook sales services to writers. Anyone who loves writing and wants their thoughts to reach the public can sell their writing content on the Ebooks platforms.
To sell ebooks on e-commerce platforms, you just need to register yourself. After successfully registering yourself, you can upload your ebooks to the portal and earn money on a per-sale basis. One of the most trusted and popular platforms for selling ebooks is Shopify.
The necessary steps to start selling ebooks are:
• Choose a niche or topic for your book
• Write the content for your ebook
• Design an attractive cover page for your ebook
• Convert your written book into a digital format
• Set a price for your ebook to sell
• Register yourself on a publishing ebook platform
• Setup an author profile and website
• Publish your ebook
• Earn Money
7. Resume Building:
There are many companies that provide resume-building services to job seekers. The resume-building service is designed to help job seekers create professional, compelling resumes that stand out to employers. Resume builders understand the importance of a well-crafted resume in today's competitive job market, and experienced resume writers are dedicated to providing personalized assistance to our clients. Resume builders work closely with individuals to understand their unique skills, qualifications, and career goals and then tailor their resumes accordingly. So, it can be a great option for “what online business can I start with 10k”.
You have to present your skills online so that people who need your skills can approach you. This resume-building service does not cost money but, of course, can be a great option to earn money. This is one of the Online businesses for 10k you can start today if you have the necessary skills.
8. Dropshipping
Yes, dropshipping can be a good business idea to start with 10k. Dropshipping allows you to sell products without needing to hold inventory or handle shipping logistics.
Advantages of dropshipping include low startup costs, as you don't need to invest in inventory upfront, and the ability to run your business from anywhere with an internet connection. However, it's important to consider the potential challenges, such as intense competition, reliance on suppliers, and the need for effective marketing and customer service to stand out in the market. Dropshipping business can be a good option in the list of “what online business can I start with 10k”.
With a budget of 10k, you can allocate funds toward building a professional website, marketing campaigns, product sourcing, and initial inventory purchases. Remember to track your expenses, monitor profitability, and continuously adapt your product selection and marketing strategies based on customer feedback and market trends.
The necessary steps to start a dropshipping business are:
• Choose a niche.
• Perform competitor product research.
• Find a reputable dropshipping supplier.
• Build your online store.
• Market your dropshipping business.
• Analyze and improve your store.
• Get your first client
• Start earning money
9. Digital Marketing Consultant
Yes, starting a digital marketing consultancy can be a good idea with a budget of 10k. To get started, establish your online presence by creating a professional website that showcases your expertise and previous work. Leverage social media platforms and networking events to connect with potential clients and build relationships. Consider offering free consultations or introductory packages to attract your initial clients and gain testimonials.
Remember that building a successful consultancy business takes time, effort, and a strong commitment to providing value to your clients. Continuously refine your skills, stay updated with the latest digital marketing strategies, and focus on delivering results for your clients to grow your business over time.
The required steps for working as an online digital marketing consultant are:
• Develop your digital marketing skills
• Identify your target market
• Build your online presence
• Define your service and pricing
• Do networking and build relationships
• Market your services
• Start providing your digital marketing skills to the clients and earning money
Summary:
I hope now you have many options for the question “what online business can I start with 10k”. Online businesses provide a wide range of benefits to small businesses. Low investment is one of the major benefits of online business; you can even start your online business for 10k. Many people think that a huge amount of money is needed to start an online business, but this is not completely true; there are various options available through which you can start your online business for 10k.