Everyone harbours ambition of being his or her own boss. Working for someone might be good in terms of job security, but it is not always a very fulfilling experience. Even though you might have put in your 100%, the company might not be successful because someone else, would have done a mistake. In most cases, that someone might be your boss.
This is why more and more people are turning to entrepreneurships or self-employment to generate income for themselves. It is often believed that to start any business you would need thousands of dollars. This is definitely not the case. All you need is some minimum investments, a will to succeed and an eye for the right entrepreneurial opportunity.
In this article, we look at four of the best self-employment opportunities, which you can explore for less than $1000 USD.
4 Best Entrepreneurial Ventures to start with less than $1000 USD: The List
1. Work as a Dog Trainer, Groomer or Crèche Companion-
The pet care industry is estimated to be worth over billions of dollars. Every year, the number of people owning dogs is increasing. This means that there is a requirement for more dpg trainers, groomers and companions.
All you need to do is set up yourself with some of the essentials. Get a Certified Degree from an official establishment and hone up your skills online. Even if you are able to get ten clients per month, you will end up earning close to $5000 USD per month.
2. Become a Cryptocurrency Trader-
Few financial ventures or asset management areas have taken of more than cryptocurrency trading. Investing in cryptocurrencies has also been made easier due to the advent of crypto trading platforms. These platforms enable normal people to also earn profits in the same way as a regular stock trading platform.
All you need to do is sign up by paying a nominal fee of around $200-$300 USD. The best platforms also let you use this money to start investing right away. The bitcoin future website is a great place to start your crypto trading journey.
3. Open your Passion-Related WordPress Blogsite-
WordPress Blogging helps you earn real money all the time. You can explore different ways of monetizing your blog- guest posting, link building, sponsored posts, collaborations and so on. All you need to do is download a great theme regarding your interest niche.
The next thing to do is start creating as much content as possible in the niche. You also need to create your website’s social media pages in order to publicise every piece of content, which has been published. This will help you gain traffic, which in turn will help you monetize your blog.
4. Unclaimed Storage Auctions-
Every year in USA, millions of things worth billions of dollars are left in unclaimed storages all over. Some companies auction of the storage, when the owners do not pay rent, with all its items for small change. They are more interested in leasing the storage unit out to a new customer.
The key is to be on the lookout for such opportunities. People have found gold, silver, antiques, sports memorabilia and other expensive items by paying amounts as less as $100 USD. You can buy storage units; sell the finds on EBay or even through a Yard Sale.
With so many new income-generating opportunities springing up, you only have yourself to blame if you do not go for a viable one. Whenever you start investing, please do your research and find out as much as possible about the new business, which you want to get into.
Can you think of some other businesses, which can be started for under $1000 USD? Let us know in the comments section below.