E-commerce via direct shipping is one of the projects that can be started without capital (Shutterstock)
Many young people in the Arab world find themselves without work. The region's youth unemployment rate is almost double the global average, and has grown 2.5 times faster than the global average.
According to a United Nations survey, the Arab region recorded an unemployment rate of 12% in 2022, which is the highest in the world, and Arab countries need to provide more than 33.3 million job opportunities by 2030, in order to be able to absorb the large number of young people entering the labor market every year. general.
But wait, unemployment can be faced. Instead of relying on the state to secure jobs, young people can start their own businesses even if they do not have the money necessary to start the project, as there are a number of projects that do not need money or need a small amount of it to start.
In this report, via Al Jazeera Net, we review 7 projects that do not require capital to start, but require some special skills that can be developed and developed, according to a number of specialized websites and platforms such as “Forbes,” “Bank of America,” “Founder,” and “Investopedia.” And others, in addition to the expertise of specialists at Al Jazeera Net.
1- E-commerce via direct shipping
With the social media revolution and the widespread spread of the concept of e-commerce in various countries of the world, creating an online store has become an easy and common thing, and it does not require more than a page on the Facebook or Instagram platform, or exploiting global e-commerce platforms such as Amazon and Alibaba and opening a private store. You are in it.
Some people may be burdened, thinking that it requires capital to purchase and store goods, but this is not the case. You do not need to buy any goods or products, and you also do not need to rent warehouses to store your goods in, as you can use “direct shipping.”
In this business model, you source your products directly from manufacturers, and when one of your customers places an order, you send the order to your manufacturer, who handles all the shipping, and sends the package directly to your customer, without you needing to purchase or store any something.
The young entrepreneur, Abdullah Al-Hayajneh, said in a previous report by Al Jazeera Net that he started his company project, “Zajel,” using the concept of “direct shipping,” which relies on directing orders directly to suppliers or manufacturers of products without the need to purchase and store them in advance, such as Traditional local stores.
2- Manufacturing
Gone are the days when you needed to own a factory to manufacture a physical product, and today, anyone with an invention or innovative idea can become a maker from their own living room.
If you have a great idea for a product, there are platforms where you can find independent manufacturers to create a prototype for as little as a few dollars and then connect with a manufacturer to create a free sample for you of your innovative new product.
You can find such factories in your city, or through platforms that contain a large number of these factories, such as the Makers Row platform or Alibaba, before you invest a single penny in manufacturing it.
The next step is to upload a photo of your product to Facebook or Instagram, and promote it through these platforms. You can also buy inexpensive ads online to attract traffic to it, and receive pre-orders.
Once you get enough pre-orders, you can use that money to contract with a factory to make these products for your clients and customers. If you don't receive any orders, you'll know your product is worthless before you spend any money, and you can move on to your next idea.
3- Printing on demand
Print on demand is technically a form of dropshipping, but it deserves its own section because there are so many people around the world in the profession.
Through printing on demand, you can provide pre-made designs that can be printed on various items, such as t-shirts, coffee mugs, phone cases, handbags, etc.
When your customer places an order through your social media pages, or your website (if you have one), you will send the order to the print-on-demand manufacturer, who will immediately print the items and ship them directly to your customers without your intervention.
When it comes to designs, you can purchase pre-made designs, create your own designs if you have design skills, or hire graphic designers at a cheap price from sites such as “Fever,” “Upwork,” or others.
4- Content creation
Some specialized platforms place the content creation project at the forefront of projects that do not require capital, and they may be right to do so, as there are content makers in the world who earn tens of thousands of dollars annually from content creation and marketing, but this success does not happen overnight. To a lot of time and effort.
If you are obsessed with social media, it is not easier than to be a content creator on the platform that you use the most. The process of creating a short video or post does not take a lot of time, but what is more important than that is the content that you choose, and here we advise you to focus on the field in which you excel. You love it, and you have prior experience with it.
For example, if you are a fan of electronic games, you can create specialized content about the game you prefer, and if you are a fan of electronic design, software, and the latest technology trends, we advise you to create content around this content.
After ensuring that you have a good number of followers, you can start earning money by selling goods and marketing products, brands, etc.
5- Online training and teaching
An online teaching or training business can generate a lot of money with little or no upfront costs. All you will need is experience in a particular field or topic, and after that, you will just need to learn how to market and sell your knowledge.
Whether it is related to academic subjects, music lessons, fitness training, new programming and design languages, living languages, video games, or in the field of various sciences such as mathematics, chemistry, etc., there is a large and increasing demand for learning these fields in various parts of the world. .
Here are some ideas for monetizing your expertise as an online coach or tutor:
Hourly Sessions
: Charge a fee for each training session.
Group Workshops
: Hosting workshops for multiple clients at a discounted price per person.
Create educational content
: Increase your income by creating and selling relevant educational content, such as e-books or online courses.
This model allows for greater flexibility, scalability, and scalability, enabling you to expand your offerings and customer base over time according to your budget and timeline.
6- E-marketing and social media management
This is a thriving business these days, and it will remain so in the foreseeable future, but it requires you to learn the art of electronic marketing and management of communication platforms, and there are many free programs on the Internet that you can learn through, and become a professional within a short period of time.
There are many institutions and companies that prefer to appoint “remotely” electronic marketers and managers for their platforms via social media instead of hiring official employees who cost them a lot of money in the form of salaries, health insurance, social security, and other costs that companies want to avoid.
7- Home kitchen
Another project that does not require capital is the home kitchen project. If you or you are good at cooking and making sweets, there is nothing easier than opening your own home kitchen, and it does not require purchasing some raw materials to make meals and sweets, and your own page on Facebook or Instagram. And some good PR to get your project started.
Mrs. Fatima Al-Saleh said in a previous report by Al-Jazeera Net that she started her own home kitchen project with a capital of no more than $14, and a Facebook page, and initially sold her products to school teachers near her home, and now she is making an excellent income sufficient for her and her family, and she plans to expand. .
Finally, remember that the best business to start with no money is one that allows you to use your skills, knowledge, and resources in a way that brings maximum return and maximum enjoyment to you.
Source: Al Jazeera