Make Money with No Money

Tuesday, June 30th, 2009 | Make Money Online with 16 Comments

Make Money with No Money

Most people that start off, they want to make money with no money and usually it’s a lot harder. But don’t you guys worry, if I can do it, I’m sure everyone else can as well. But its all about hard work, dedication and most importantly, learning.

I was having a discussion with an old friend last night and when I told them that I was an online entrepreneur they expressed lots of interest on what I do. So, when I explained the various things I do to make money (blog, build websites, sell sites, affiliate marketing, design banners/headers, etc) they wanted to do the same, especially for their local company.

Of course, most people that have no idea on how to make money online, they always question how you can actually do so. Remember, a lot of people have no idea and they still won’t. More than likely they are the same ones clicking on your ads, signing up for your products, etc.

But every single person I talk to that is starting from scratch, they want to make money with no money because everyone wants to make money (and who doesn’t?!) but they never want to spend money.

Now it’s definitely doable. I started with basically no money invested and I’m making a decent amount monthly. Of course, the more money you make, the bigger you get, eventually you’re going to spend money to reinvest into your business.

Luckily for us, everything we spend money on for our business is tax deductible expenses. So, don’t be afraid to spend money.

Anyways, you guys are here to learn how to make money with no money. This is how I would start:

  • Create a website/blog from any free blogging platform or free webpage company that allows you to display ads. I started off on Blogger.com and when I eventually made some money, I paid for my own domain name(s), hosting, etc. There are plenty of sites that are free and apply you to put your ads on, you just need to know where to look.
  • Learn, learn, learn. You can never stop learning because everything changes so frequently. You want to learn how to get ranked in search engines, you want to learn how to build links, you want to learn how to get traffic… I mean, you want to learn how to make money online, right? I would suggest reading anything that may help you, Google topics that you think would benefit you, etc. That’s what I did, it may be a long learning process but it’ll be well worth it.
  • Reinvest into your business with the money you make. Technically, anything that you make is a plus. So, if you make $100, I would reinvest that into purchasing domains, hosting, etc. Like I mentioned before, they are all tax deductible so its almost like you’re not even paying for it to begin with. Because next year, you’re just going to write all of that off.
  • Focus on what works for you and what doesn’t. Like I mentioned, learning is a large part of it. But just because something worked for someone else, it doesn’t necessarily mean it will work for you exactly the same. Testing is important and that narrows things down for you to focus on. Again, everyone will have different results so its up to you to see what works for you.
  • Take action! If you’re a dreamer, your dreams will be just that. If you want to make your dreams your reality, you have to take action. I see so many people that learn and has all the knowledge to make thousands monthly but they just sit there and no absolutely nothing with that information they obtained. So, take action! What’s the worst that can happen? You learn from your mistakes. Exactly.

This is just a quick guideline on how to make money with no money. I can write a detailed step by step but then again, don’t you have to do some work? :P

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Comments

  1. 1
    vishalhd // June 30th, 2009 at 2:51 pm

    that is some good guidelines, must have stuff! :P

    vishalhds last blog post..Design & Develop – Plan In Action

  2. 2
    Nick // July 1st, 2009 at 3:04 am

    Another excellent post. I am a web developer so i know all about SEO and how to get to the top in Google, but I suffer from bone idleness which prevents me from working hard.

    I need to just sit down and put a couple of hours into populating the content. As SEO goes – content is the key, everything else works off of the content.

    - Nick

    Nicks last blog post..Why bodybuild?

  3. 3
    Home Education // July 1st, 2009 at 11:31 am

    I just started cleaning houses for some extra money. I make about $100 a week. Do I need to pay taxes on this money? Do you know how much money I can make with out having to pay taxes? Is it possible to make money online? Which one is the best?

    Home Educations last blog post..Education- building up future

  4. 4
    Paul // July 1st, 2009 at 3:47 pm

    People seem to never want to spend any money to make money. I don’t know if they are afraid of their friends and family looking down on them for putting in some money to try and make money online or what. Don’t be afraid to spend a little dough!

    Pauls last blog post..Dunkin’ Donuts Recall

  5. 5
    earn money writing // July 1st, 2009 at 3:48 pm

    Very cool post. I think people can make money without spending some and then easily use those profits to get a better blog or website put together!

  6. 6
    Deneil Merritt // July 1st, 2009 at 7:10 pm

    Great post, I started out making money online with no money. The important thing is to use the money to make more money. I like that you said take action. As my saying goes “Let your desire drive your motivation”

    Deneil Merritts last blog post..June 2009 Income Report

  7. 7
    Florida Personal Injury lawyer // July 1st, 2009 at 11:37 pm

    Of course these are only a select few ways to generate small amounts of cash. These ideas will most likely not get you rich, but making cash is better than sitting around and being idle! Also, the experience you gain from trying out these ideas is more valuable than anything learned sitting in a classroom

  8. 8
    Amy // July 2nd, 2009 at 7:12 am

    Exactly what i did when i first started to make money online, i started with blog spot then when i made my first $100 with adsense i bought my own domain and hosting, the reason i didnt want to spend any money at the beginning because i was not sure if im gonna make any money

    Amys last blog post..Billy Mays Autopsy Report

  9. 9
    Kurt Avish // July 2nd, 2009 at 12:12 pm

    I started with nothing except with a blogspot blog. The blogspot blog finally earned me enough to make my 5 blogs running today with a respectable hosting.

    The lesson is you dont need money to make money. Spending money to make money is like WORKING. Making money with a hobby is FUN.

  10. 10
    Alen // July 5th, 2009 at 3:37 am

    Nice post. Reminds me of my beginnings with Blogger and Adsense.

    Alens last blog post..Check if you username is available

  11. 11
    Dean Saliba // July 5th, 2009 at 6:56 am

    I like tp pride myself on the fact that I spend very little on my blogs. In fact the only thing I spend money on is the domain name. I get the hosting from a friend for free. :)

    Dean Salibas last blog post..How To Optimize Ads On A Blog For Better Profit

  12. 12
    paul // July 5th, 2009 at 7:03 am

    Very cool post. I think people can make money without spending some and then easily use those profits to get a better blog or website put together!

  13. 13
    Miss Edie // July 12th, 2009 at 10:39 am

    Awesome blog.
    I started with very little money also.
    It is very doable.It takes time and patience.
    Miss Edie

    Miss Edies last blog post..Is there any programs there r truly FREE

  14. 14
    zegarki // July 13th, 2009 at 6:00 am

    That’s a very good post, and not only for the beginners. Many people (including me) should revise the knowledge gained in years by reading such stuff. And also very wise advice: to invest gained money to gain more money. Simple and truth.

    zegarkis last blog post..Nowe artyku?y

  15. 15
    Home Education // July 17th, 2009 at 9:58 pm

    I read about a guy in the paper, lived in San diego was pulling in 125,000 a year. being a street beggar. went home at night to wife and kids, worked the street during the day. got busted for income tax evasion. neighbor turned him in.

  16. 16
    Home Education // July 17th, 2009 at 10:00 pm

    I kinda gotta agree with Dylan here…but I would suggest shirt off and wearing a Speedo or man thong. That will really get the bucks rollin’ in.

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