1. Content Curator
Today more than ever, many companies rely on numerous forms of content. For example, businesses use emails, newsletters, website content, podcasts, and more to increase awareness of their products and services and connect with prospective clients.
Entrepreneurs can often provide this content from nearly any remote location they desire. For example, if an individual is skilled in freelance content writing, he or she can supply this content to clients worldwide while also being on the move as a “digital nomad.”
The Digital Nomad Lifestyle
There are challenges to this remote lifestyle, and being a “digital nomad” is certainly not for everyone. For example, freelance tech workers rely on a strong connection to the web; in some far-flung places, that signal can be difficult to maintain. Plus, navigating substantial differences in time zones makes dealing with multiple customers difficult.
However, the sky is the limit for entrepreneurs who create a business plan that suits their lifestyle. Companies of all sizes rely on a constant supply of new content to help them succeed, and entrepreneurs who can create useful content become essential.
Since content creators only need the internet, a computer, a strong wi-fi signal, and a suitable location, startup costs are low. As long as the individual is driven and has proven independent work experience, starting a business as a content curator for under $1000 is an attainable goal.
2. Consultant / Life Coach
A life coach position makes sense for motivated entrepreneurs who enjoy helping people. Online life coaches can work with multiple clients from remote locations, conducting chats and video sessions and sending emails from anywhere in the world. Many entrepreneurs have created strategy and coaching businesses while traveling abroad or spending a few years in an exotic location, and the demand for life guides continues to grow.
Demand for Life Coaches
There is no shortage of individuals who seek to change occupations, want to acquire new skills, or want to make profound changes to their lives, so the market for life coaches remains strong. However, this position is not for everyone and requires compassion, understanding, and patience.
Entrepreneurs with specific learned skills who want to stay mobile can also become consultants. Many entrepreneurs have accumulated experience in communications, technology, business relations, and more. Sharing their passions, skills, and interests can help inform and inspire up-and-coming entrepreneurs who wish to learn more or switch careers.
Whether entrepreneurs are interested in being consultants to companies or individuals, or life coaches dedicated to helping people gain a new perspective, there is much to gain from both pursuits. Plus, one can become a consultant or coach with only a computer, the web, a business plan, and key wisdom to share.
3. Website Designer
Similar to our first two business ideas, becoming a web designer requires only simple materials:
- A capable hard drive or cloud-based service
- A laptop for designing and creating
- A strong wi-fi signal
Over the past 10+ years, websites have become every company’s “window to the world” and analogous to success. As a result, companies seek to constantly update and improve their websites because they know they are often the basis for clients’ first impressions.
For Designers, Creativity Trumps Coding Expertise
The fact that an efficient, powerful website is a business necessity keeps demand for designers high. Additionally, expert website creators say creativity and a knack for art and design are more important than being a coding expert. On the other hand, SEO knowledge and coding are skills that can be acquired relatively easily, so innate talent is arguably more important.
New owners can start a web design company for as little as $50-100 monthly, the cost of a small ad on other websites. Successful web designers attest that the most important aspects of running an excellent web design business are finding a unique style and sense of voice and providing individualized service to clients. While drag-and-drop platforms may be easy to use, new designers should espouse templates for unique custom designs. Soon, the small web design firm started by one person could be highly profitable.
4. Travel Advisor
Many entrepreneurs want to start a new business for under $1000, so they can travel. Many entrepreneurs are already becoming travel experts with news and tips to share. So, why not start up a travel guide business of some form?
No matter the destination, fellow travelers seek vital information such as affordable airfare, suitable and safe accommodations, restaurant and tourism tips, and more. Travel advisors can connect with clients in various ways and monetize these methods. Travel advice can come in numerous channels, including:
- Blogs
- Newsletters
- Photography
- Guidebooks
Additionally, savvy entrepreneurs can partner with transportation companies such as airlines to provide their clients with information and travel-related discounts. However, there are some challenges to becoming a travel advisor, even when living in the most coveted destinations.
Entrepreneurs Must Stay on Task
However, small business owners who have already charted these waters warn that being a travel guide requires focus, discipline, and dedication. Entrepreneurs might find themselves in exotic locations but must work and stay on task instead of spending days sightseeing. Make sure to schedule a little time for nightlife and relaxation, but focus on building the business at all times.
Travel costs fluctuate, but many in the travel industry find that they can enjoy their lives on the move and the experiences travel provides while working diligently on a solid schedule and growing the business remotely.
5. Web-based Accountant
Some young entrepreneurs do not want to be stuck in an office all day but enjoy crunching numbers. Becoming an online accountant allows individuals to work remotely and even travel while helping clients with their finances.
In addition to an organized mindset and a passion for numbers, all individuals need is a smartphone, a laptop with a strong signal, and a legitimate accounting certification. Online accountants can start with a handful of clients and build their brand through word-of-mouth and, when it is affordable, simple online advertising. So what does a day in the office look like for an online accountant?
Multiple Remote Meetings
This position fits the bill for those who want to avoid the rush-hour commute, in-person meetings, and mundane office tasks. Instead, as online accountants, individuals can use their time wisely and hold fast, convenient meetings with many clients in one workday. Of course, the pace can be challenging, but many entrepreneurs find the tradeoff between long days at a remote desk and having to sit in an office all day makes perfect sense.
If the idea of working to help people secure and bolster their finances from any place in the world is appealing, then perhaps an online accountant position is perfect for you.
6. Matchmaker
Although many people hear the word “matchmaker” and instantly think of romance, matchmaking services these days require a much broader definition.
Matchmaking uses technology to help partner individuals and/or businesses with the items or services they desire. In addition, matchmaking services can be managed from anywhere, making it an excellent gig for entrepreneurs who do not want to be tied to one location.
Matchmaking businesses are springing up all over, connecting companies with expert help when they need it most. For example, a small bank may wish to improve its website using specific design technology. A matchmaking service can connect that business with the correct individual to provide that service. So how does the matchmaking process work?
A Business Matchmaker’s Methods
Usually, clients submit a project to a matchmaking service. Then candidates weigh in with their qualifications, an explanation of why they are the top candidate, and a bid for the job. The matchmaking service is the host, in this case, the connection’s source; therefore, there are not many materials required.
Matchmaking services usually exist online, so entrepreneurs can start creating connections now if they have a laptop, wi-fi, and a trustworthy phone. When starting, experts say that the key is to choose the size and type of companies that are preferable to work with and then make sure that the companies know that the matchmaking service can offer them the required services. When companies need a specific service, they do not want to spend hours searching for it. Therefore, they will gladly pay a fee to the matchmaking company for the resources they provide.
Running an online matchmaking service might be just the ticket for entrepreneurs who may already have strong connections in a chosen field and enjoy networking. Moreover, an entrepreneur can start a matchmaking service for under $1000.
7. Remote Technological Advisor
Although many of us spend hours per day navigating the web, not all of us can deal with common tech-related problems. Therefore, as we spend more and more time online, many of us need tech support. Plus, the constant evolution of technology poses new challenges every day, and even the most technologically skilled individuals sometimes need help with constantly shifting processes and platforms.
Technological savvy entrepreneurs are marketable commodities, which means they can profit from their skill set. While many tech support companies used to travel from house to house or work as part of a subset of a big box store, this type of business can now be all online. However, running a strictly online business means attracting, maintaining and pleasing customers is a significant concern for entrepreneurs.
Specializing in Customer Service
Experts specializing in IT support emphasize that excellent customer service and thorough communication skills are essential for entrepreneurs interested in joining the field. While a tech support business can be run from the golden beaches of Mexico or the coffee shops of Italy, new business owners will probably be on-call 24 hours per day as they negotiate tech emergencies and different time zones.
Tech-savvy entrepreneurs who enjoy troubleshooting computer problems and helping people can create rapid revenue in the IT world by providing a service that most people need. In addition to being on call constantly, the biggest challenge of this business idea might be getting the word out about the new venture. Online advertisements and testimonials from customers are helpful in this case. However, providing one customer with great customer service and a desperately needed solution will usually lead to a recommendation and start the ball rolling.
8. Editorial Advice
Since so much of our collective reading takes place online, it only makes sense for many editing services to go digital. Entrepreneurs who enjoy writing and reading and appreciate perfect grammar can start an online editorial service and trade the traditional office for an airplane seat. There are several ways to create and shape an online editing business, but each revolves around helping the masses communicate more clearly, even online.
Various Options for Editing
Some entrepreneurs create original software that edits content and then sell that software. Others prefer to meet with clients on platforms such as Zoom and hold traditional editing meetings. Finally, some editors use a mix of both of these strategies to provide their clients with the best service.
Plus, some online grammar experts find they can also act as a bridge between clients and freelance editors, making sure that those who need help receive the appropriate guidance. For example, Matt started an online editing business focused on college essays since he was a college professor. However, he began getting editing requests from writers of college textbooks. Matt began networking and found that he knew a few textbook editors, so after vetting them, he connected them to the textbook writers. After a few months, Matt was not only running an editing business for himself but also managing fellow editors and their accounts.
Wondering what online editors can charge per client? Expert online editors suggest that fees should reflect the amount of time spent on the material and the editing difficulty. Successful online editors also tend to have long-term relationships with clients. This tendency for long commitments provides the owner with steady work; plus, clients enjoy working with one person whom they can trust and who knows their work inside and out.
9. Digital Marketing
Many entrepreneurs have both marketing and publicity in their backgrounds. If so, these talented individuals should take their talents online.
Many digital marketing firms employ team members from all over the globe whose complimentary skill sets form a rich tapestry of ideas and inspiration. Entrepreneurs who do not have a true home base and want to travel as much as possible will enjoy the lack of local meetings and the chance to focus on growing the business. However, even when most business with clients takes place over the web, the true staying power of a digital marketing firm rests in its strong relationships with clients.
Client Relationships are Invaluable
When clients agree to work with a digital marketing firm, they trust the firm and the business owner. Clients must not only trust the small business owner but also feel they are giving all they can to help market their business. When in-person options are not available, this can become a challenge. Digital nomads who focus on digital marketing should make client communication a priority. This strategy means constant updates via email, video conferences, chats, and whatever else the client prefers.
Understanding a client from thousands of miles away can be challenging, so here is a tip: early in the relationship, ask the client how they prefer to communicate and how often they would like updates on their projects and campaigns. For example, when Mark enlisted Jennifer’s new business ‘Digital Designs’ for help with his online workout company, he was aware that Jennifer was not located near him in New York but was instead in Hong Kong. So one of the first things Jennifer did was ask Mark what platforms he preferred and how often he wanted updates. Mark prefers Slack and Outlook and does excellent business from his Instagram account. He prefers a weekly, not daily, update, and wants to focus on his exposure numbers and engagement figures. This information has helped Jennifer increase Mark’s reach and sales numbers by 13% over six months.
10. E-Commerce
E-commerce sales expect to cross into the trillions this year—yes, we said trillions. So for entrepreneurs who either create their products or already possess in-demand products, e-commerce is a viable option.
Entrepreneurs can start e-commerce companies for well under $1,000 since various existing platforms support entrepreneurs. Shopify, for example, allows users to set up an online store, and sites like Etsy allow sellers to use their platform to make sales. While these sites charge fees, they also dramatically reduce the legwork for sellers. In addition, owners can manage E-commerce businesses remotely as long as the seller can ship their items consistently and on time. These days, the key to e-commerce is dealing with a crowded market. So how can entrepreneurs both get the word out and stand out?
Your Online Store: Spreading the Word
Making sure that people are aware of the new store is essential. Luckily, there are multiple ways to do this. Here are a few suggestions:
- Share the link to the online store on social media platforms
- Use social media to post pictures, videos, and more content about your store and its items
- Run targeted ads on Facebook and other platforms such as Instagram
We also suggest focusing on making your online business stand out. How? The key to making an e-commerce business distinct is by narrowing its focus. For example, Chet starts an e-commerce business that sells toys, but the business is slumping due to the competition. Chet does make a few sales, though, and they all have one thing in common: they are vintage action figures. Since Chet collected action figures as a kid, he has the supply, and the demand is obvious. Chet’s Toys becomes Chet’s Vintage Action Heroes, and he grosses $20,000 in his first six months.
Is It Possible to Start a Business with $1000?
New online businesses emerge each day as entrepreneurs realize their dreams of remote business success. Whether clocking in from an apartment in France, a hiking trail in Colorado, or a boat cruising the Caribbean, new business owners find remote work profitable and inherently rewarding. Moreover, these businesses do not cost more than $1000 to start, and many only require a fraction of that cost.
Wherever your next endeavor takes you, we hope the travel is exhilarating and the profits are plentiful.