Tips for creating a $10/day business

Do you have any ideas for building a business from ground-up that generates per day and is mostly hands-free (after the initial effort)?

 

Finding a way to monetize a blog or a website is a great way to make money, assuming you can get traffic to it. The best business for you would probably depend on your skills and interests.

 

Whether your business is physical or online, there's no such thing as one-time effort. You must persistently work for it to make it successful. But if you're looking for easy money, building a business is not your option, but investing online. Look for online trading companies that can make your money grow. Just make sure to pick the legit though; a lot of them are scams. Good luck.

 

Nothing is totally passive. But most business functions can be run by other people such as staff and employees and hence can be hands-free for the owner?

 

Try Fiverr.

 

A niche with Adsense or another Ads system

 

I am not sure how much you are willing to invest in this. However investing both on and offline, does not require as much effort after the initial research. Just make sure that you know what you are doing and watch your investment.

Good luck.

 

You can create a blog.
Also, if you are interested, you can create and promote pages in social networks and further monetize it.

 

Anitasol is so right! This is so misleading, these promoters who talk about just buying a product, turn it on, and watch the money come rolling in! It takes work and dedication but the payoff is well worth the effort. Investing as Anitasol mentioned is another avenue, but can be risky if you're not careful. There are a lot of hustlers out there.

All the best!

 

The closest thing that I could think of would be either to write ebooks and sell them or take photos and allow people to use them on their website for a small fee (or for free and put ads on the website distributing the photos).

Otherwise you could probably start a blog with guest posting, a forum, or any other website that hosts user generated content and put ads on that website.

Nothing will be truly hands free, but you may be able to get something somewhat close after some time.

 

Affiliate Marketing using revshare programs can generate passive income after the initial work is done to get links out there via paid ads or social media or on blogs. The initial sale turns into recurring revenue monthly until the subscriber cancels. I.e. look at promoting a dating website that pays out its affiliates on revshare.

 

Start a YouTube channel.

 

On the downside, purchasing a company is often more expensive than starting from scratch. However, it is often easier to get funding to purchase an present company than to begin a new one. Bankers and investors generally feel more comfortable dealing with a company that currently has an established history.

 

Sell a subscription service. You can setup subscriptions through PayPal.

 

I just save this topic

 

You can make that money if you are willing to work constantly and put some hours .Of course you need to know how to work ,you need to help people and deliver proper value .You can try affiliate marketing as an example .Many people think that thry can scam some link on facebook ,blog comment etc and they will make 100 per day .This doesnt work

 

Blogging. YouTube. Fiverr. Upwork. Affiliate Marketing (via blogging or YouTube). There's no guarantee way to make $10 a day with little effort, but if you have time to invest then you can eventually grow to make more than $10 a day.

Selling some kind of subscription is your best bet, or building a huge website and social media following then selling ads. Not sure how much work you're trying to put into this at first or what skills you have.

 

A $10/day business is the goal we are discussing here? haha...

Maybe I have a slightly different view... I actually believe it's easy to generate $10 a day with VERY little effort...... If that was my goal (haha) I would just buy something off AliExpress and sell on ebay for a few bucks more. Hell you could probably buy off ebay then relist right back on ebay.

 

The only true passive income I've made that requires no work after your initial investment is buying Dividend paying Stocks. You are investing your money and not your time.

If you can afford to invest $10k and can get a 4% yearly dividend you will make $400 dollars a year plus the stock value appreciation, it is fairly easy to get a 7% to 8% return ever year, this is the only money you will make without moving a finger but you will need money to get started.

 

You can easily make $10 or more with little effort by sharing referral links for free money programs. For example, there are lots of brokerage sites and apps that giver users free stock to sign up and free stock for referrals.