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Make Money Money Online With No Investment – No Product – No Expertise?

Written by George Manty  · January 28, 2009

A friend of my wife asked me the other day:


The question I have—and this probably won’t be in an organized form—is:

Do you have any tips, advice, suggestions, recommendations, etc. for someone in this scenario?

An at-home mom who did not have a professional job before having and staying home with her kids. The economy is tanking, and maybe her husband has been laid off or had his hours cut back a little or a lot. She really doesn’t want to dump her kids in daycare to go get a job because any job she could get would just about cover the daycare and other job-related expenses. She’d love to work from home, but doesn’t have any ‘expert’ knowledge about anything that she could turn into a marketable enterprise; she doesn’t have the know-how to teach people to make money, so making money by helping others try to make money isn’t an option. She makes no products, therefore has nothing tangible to sell. She doesn’t have the money to invest in the hundreds upon hundreds of ‘I will teach you how to make money’ programs out there.

Is there anything online that she could do, or in this case would dumping the kids in daycare and hoping for the best be pretty much the only hope?

I get questions similar to this all the time. Before I can answer this question in detail I would need to ask quite a few questions to give the most relevant answer that I can.

The first question I would ask is…

Do you have absolutely no money to invest or do you have say 10 dollars, 20 dollars, 100 dollars, 200 dollars, 500 dollars, 1000 dollars, or more?

The answer to this question will greatly influence what options you have.

The more money you have to the invest, the easier it will be to make money online.

If you have enough money to pay for a domain name (about 10 dollars/yr), then I suggest getting your own domain name. If you have enough to invest in web hosting (about 50-100 dollars/yr), then I suggest you get a web host, if you have enough to get an autoresponder (about $200/yr with Aweber) then I suggest you get an autoresponder or sign up for SiteSell. If you have more money then you can do other things like spend money on an Internet marketing education.

If you have absolutely no money to spend then it’s going to be harder, but still possible.

I have no product to sell, how do I make money online?

Well, there are a ton of ways you can make money online when you don’t have a product including creating a new product. Also, you can do affiliate marketing, get advertisers for your site, sell services, etc. But before we go into the details, let’s explore some of the other questions…

I have no expertise what I can do to make money online?

I seriously doubt that people who are smart enough to ask this question aren’t good enough at something to have some level of expertise in it. While you may not consider yourself an “expert” at anything you probably have more expertise in some things than other things. For instance, if you do the laundry without ruining your clothes you definitely have more of an expertise in washing clothes than I do.

Legendary direct marketer, Dan Kennedy, has a great quote that does a great job of answering this question. Dan says,

“In the land of the blind the one eyed man is king!”

You don’t have to be the best to be an “expert”, you just have to know a little bit more than the people you are teaching. In fact, you only need to know ONE thing about the topic you are teaching that your students don’t know in order to be an expert to your students. Do you know more math than a two year old? You can put up a site that teaches kids artithmetic. Do you know how to wash laundry (the right way), then you can teach me:)

So How Do You Make Money Online With No Money, And No Products To Sell?

For the sake of argument let’s assume that you are working with absolutely no money and no products.

There are still many ways to make money online in your spare time when you have no money to invest. Some of these ways don’t even require you to have a website. Let’s start by talking about the ways to make money online without a website.

How do I make money online when I have no website?

1. Online Tutoring / Coaching
If you have any expertise at all you can set up a tutoring or coaching service. Do you ever help your kids with their homework? If yes, then you can help tutor other kids online.

One easy way to do this is through LivePerson.com. There are many other places looking for tutors (like tutor.com) with expertise . Just do a search on your favorite Search Engine for those types of work at home opportunities. There are a lot of them.

2. Web Writing
If you can write decently (not necessarily like a professional) then you can get work as a freelance web writer. You don’t have to be perfect either. There are a lot of people who will hire you if the price is right. You can get jobs writing for blog posts, web articles, forum posts, comments, ebooks, etc. A good way to find people searching for writing jobs is to sign up on a site like elance.com or guru.com. Another way to find writing opportunities is to use your favorite Search Engine and search the Internet for things like “blog writing jobs”, etc.

If you can write you could also write for sites like Squidoo that will pay you for writing pages on their site. You have to learn how to set up the Squidoo pages, but once you figure that out, it’s pretty easy to create new Lenses. Every month that you make a certain amount of money Squidoo will send you money for a part of the money they made from advertisements on your Lens (Squidoo page). There are other sites that do this as well, like Hubpages.

In order to make decent money from Squidoo you are going to need to write a lot of popular Lenses and you are going to learn how to promote Squidoo Lenses and make the most you can from them. I haven’t reviewed any products on making money with Squidoo so I can’t recommend anything. If making money on Squidoo interests you then you can search for information on it. You can read my personal thoughts on how to make money with Squidoo by clicking here.

3. Selling Photos
If you have a digital camera and you can take half way decent photos then you can just take photos of everything you see and start selling them on a site like istockphoto.com. There are other things you can do with the photos, but those require a website of your own, which we will get to later.

4. Ebay
There are a lot of things you can sell on ebay or other auction sites. You don’t have to sell expensive/unique/insane items to make money on Ebay. You can sell simple items that people buy all the time.

You don’t even have to own anything to sell on ebay. You can simply find companies that are known as dropshippers and sell their stuff on ebay. Drop shipping is a technique where you sell products from one or more suppliers who take care of shipping the products directly to the customer. All you do is take the order and get the money from the customer, then you send the order details and and part of the money that you charge to the supplier. You make profit on the difference between the suppliers price (including shipping) and the price you charge the customer. This is essentially running a wholesale business without the inventory, although you will usually pay somewhere between true wholesale and retail prices for the goods.

When selling products on ebay you obviously need to buy them low and sell them high. One example of something people successfully sell on ebay for a profit is used books. Used books sell pretty well on ebay. What you can do is go to flea markets, garage sales, etc. to find good deals on books and sell them on ebay. To increase your profit margin, you can buy a software that turns your PDA or cellphone into a scanner that you can take with you to scan the books ISBN number and then find it’s price online (see http://www.asellertool.com/home.html) for an example of this type of service).

That way you only buy books at a price that you know are going to make you money.

4. Job Recruiting
Help your friends, family and others find new jobs. There are several sites that help you start a recruiting business of your own without any costs on your part. They pay you to find other people jobs. Essentially they enable you to run a job recruiting business from the comfort of your own home. A few examples of job recruiting sites that you can earn money from are ReferEarns, Bohire and WiseStepp.

5. Connect Business Suppliers With Buyers
Much like recruiting where you connect employers with employees, you can now connect business suppliers with businesses that need their supplies. Several companies that you can do this with are Salesconx, InnerSell and uRefer. This is actually a lot like affiliate marketing.

6. Other Freelancing services
People will pay you to do all kinds of things online. You can moderate forums, write articles (which I mentioned earlier), design websites, be a virtual assistant, etc. There are many ways to make money online even without having a website. Do a search on your favorite Search Engine to find other great freelancing opportunities online.

How Do I Make Money Online With A Website

Making money online with a website is what most people think of when they think of making money online. If you have no money to invest in web hosting you are going to need to find a free website host.

Here are a couple that I recommend you check out for starters:

blogger.com
Blogger is a free blogging site that allows you to create your own blog and unlike many free blogging services you can put ads on your site. Blogger integrates really easily with Adsense ads, because Google owns blogger.com and has made it very easy to make money from Adsense with blogger blogs.

Google Aps – Google Sites
Google Sites lets you create websites that you can add advertising on etc. It is an easy to use system that can give you an online presence for your website.

Weebly

Weebly is a very easy to use free website creator. They also have built-in support for adding Adsense on your Weebly sites. It’s another good option for those who can’t afford to pay for web hosting.

There are other options for free web hosting as well. Check around, just make sure that they can be used for commercial purposes (many of them can’t).

Once you have a website there are a number of ways you can make money from it. Most of these require you to be a decent writer (not great, but decent).

If you can’t write then skip to number 3.

1. Content Site
There are many ways to make money with a content site. You can put affiliate ads on content sites, you can put up ads from Adsense (or similar services like Kontera, Chitika, etc.), you can make money selling advertising on your site, you can market products as an affiliate, and you can even make money on content sites by having private content that only subscribers can read.

If you are trying to make money with a content site, I highly recommend you first read my article on choosing the right niche, then read the free ebook called “The Affiliate Masters Course”. You can use the same techniques outlined in the ebook on your freely hosted site. I use similar techniques to what is outlined in the ebook, the only difference is that I use multiple methods of keyword research (including my favorite keyword tool for Adsense sites Keyword Country).

2. Blogging
Blogging is really just a sub-type of a content site. What you need to do is:

1. Set up a blog on blogger.com.
2. Get links to the blog.
3. Put up advertising.

Probably the easiest way to make money with a blog is to set up a blog that has the sole purpose of reviewing other websites. There are a lot of websites (payperpost.com, reviewme.com, etc.) that will help match you up with people willing to pay you to review their website or product. Some people make pretty decent money this way.


3. Splogging

I hate to mention it, but it is a way you can make money online without any money, any expertise and any products. What you would do is get free content from article directories and repost the articles on your blog. Another way you might get your content is by scraping other people’s websites. There are quite a few ebooks about how to make money splogging, and I would prefer not to spend time on all of these techniques. Just search for things like “make money splogging” “blog and ping” “make money with scraper sites” and you will find plenty of resource to help you out with this.

4. Photo Site
You can set up a site that displays your photos and let people use the photos for free as long as they link to your site. You make money by putting up advertising, Adsense ads, and/or affiliate links on the site.

5. Selling ebooks
You can set up a site to sell ebooks for free, but it’s going to mean you have to be able to write the ebook yourself. If you have a little bit of money to invest you can buy a Private Label Rights ebook to sell. Private label rights (PLR) ebooks are ebooks that you buy the rights to sell as your own. Most PLR ebooks have slightly different terms that spell out what you can and can’t do with the ebook. I prefer to buy Master Resale rights where I can do anything I want with the ebook, including being able to sell other people resale rights on the ebook. If you buy a PLR ebook or product to sell, be sure to know exactly what you can and can’t do with it. Another way easy way to create an ebook is to find an expert in something, interview them by asking commonly asked questions in their field of expertise. Then sell the interview as an ebook or audio or both. You might need to split the profits with the expert or work some other deal with the expert (allow the expert to promote their products or services in the interview, etc.).

Summary

There are actually quite a few other ways to make money online if you don’t have money, products, or expertise. Some of these ways (like selling people’s email addresses, spamming, etc.) are not good ideas in my opinion, so I didn’t cover them here. Some of them like taking paid surveys don’t usually provide enough income to make them worthwhile.

If you do have money to spend then you can spend it on various things to speed up the process. You can buy Private Label Right Products that you can then turn around and sell. You can pay for web hosting, writers, web designers, etc. The more money you have to invest the easier it is to start a successful business. However, as I have already shown it is possible to make money online starting with no money, it’s just NOT as easy.

For further research you might want to read my getting started article called “Ways To Make Money Online”.


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Comments

19 Responses to “Make Money Money Online With No Investment – No Product – No Expertise?”

  1. Meaghan on January 31st, 2009 10:24 am

    This is good advice with the current state of our economy. Even if your spouse is not being laid off, it is a good idea to try to make extra money any way you can.

  2. Free Ways To Make Money Online on January 31st, 2009 11:15 am

    Nice tips you’ve got out here. I would have added some more ways, but it’s still a great list

  3. clickktdotcom on February 1st, 2009 10:03 pm

    Thanks for the nice post.

  4. blogging on February 2nd, 2009 2:39 am

    That was a great article.Thanks a lot šŸ™‚

  5. Lemy on February 2nd, 2009 3:42 am

    From my experience that We MUST invest a little amount of money to make money online… No Excuse…

    For example : For owning a webpage, we should invest and domain name and hosting.

    For traffic, we can use Free Traffic Generation…

    Wallah.. Done. We can start earning small amount of money… šŸ™‚

  6. Internet Marketing Ideas - Pilecentral on February 2nd, 2009 9:41 pm

    Your post is just the tip of the iceberg. Looking forward to more tips and and how-to articles.

  7. Wilson Pon on February 3rd, 2009 10:59 pm

    I never heard about the Weebly before, George. Thanks for the mention, I’ll check it up for sure!

  8. Ludwig E. Parker on February 5th, 2009 1:45 pm

    I have started creating “lenses” on squidoo.com. Do you know what percentage they pay of the advertising revenue? Do you know of people making good money with lenses?

  9. George Manty on February 5th, 2009 1:56 pm

    Ludwig,

    Last time I checked Squidoo was giving 5 percent of their revenue to charity and 50 percent they split with lens owners. You should check the Squidoo site for up to date information on their revenue sharing.

  10. BoldMoney on February 8th, 2009 6:16 am

    Some good ideas for starting out… however a few comments. On the reviewme.com suggestion, it is a good one, ReviewMe is a great site and a great opportunity but you will have to have your blog active for atleast a month minimum before they will accept you. They also like to see traffic but activity in your blog for a month seems to be mandatory.

    And on splogging, while it does work sometimes and many webmasters do it, rarely do startup newbie, wannbe money-makers do well with it. And it is almost always harder to get traffic and rankings for a site that is not unique… so I would not recommend this technique for someone just starting out in the blogging/internet world.

    But not trying to steal your glory here… this is a great article with lots of great tips. It will atleast get you started on the right path.

  11. google money system on February 9th, 2009 9:00 pm

    Pretty clever bit about “splogging”. I have been doing this for a while now. It is a great way to make some cash.

    The google money system isn’t bad either. ;]

  12. Rochelle on February 14th, 2009 4:42 am

    I like the part about E-Books. I might do that one day.

  13. Alan on June 8th, 2009 4:36 pm

    An interesting title post.

    No Investment – investment is not only on money. Time you spend to generate money also consider as an invstment.

    No product – you think you don’t have product to sell but actually even if you are blogging your article is consider as as a product.

    No expertise – not important, this will be a learning curve for everyone

  14. Make Money Online Fast on July 26th, 2009 7:28 am

    I would always prefer going with writing. Another site that pays is ehow. They want you to write an article on how to do something. As she is a stay home mom, she can write an article such as how to be a good stay home mom.

  15. mythreya on July 29th, 2009 10:44 am

    I prefer buying articles in bulk from authors on sites like guru and elance and publish them on associatedcontent .I earn more money this way than wrting articles.
    http://buddiespoint.com/category/ways-to-earn-extra-money/

  16. makimoni on August 9th, 2009 10:15 pm

    Nice intro, but if I were starting, it’s pretty sure that I need more than this. For example, how could I find what product or service to sell, where to sell, how to reach the potential cliente and list go on
    Thanks any wayl

  17. Roman Wrigley on December 9th, 2009 1:38 pm

    Online tutoring is a great way for anybody who has a college degree to earn money working online. There are not only sites that hire tutors, but some even help you set up your own online tutoring business.

  18. Ramesh on August 24th, 2010 9:17 pm

    I’m interested in making money by way of doing work on the computer without much more movement here and there. I like straightforward work in which I will not have any confusion.

  19. Jeffery on September 20th, 2011 11:05 pm

    Hi,
    I totally agree with the point of making money online with Web Writing. However, it only applies to people who are comfortable with writing. There is really a market out there and most people hate writing stuff for SEO. If you are able to help them in that aspect. Money is definately going into your pocket.





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