next 20 ideas for making money online with a budget under Rs 5,000
can give you hundreds of ideas right away if you want to start a side business to generate a passive online income. However, you have to work hard to implement the money-generating business.
Idea #11 News and trends
The name explains it all. Pick the latest cricket news, curate interesting facts around the news, and become the next cricket news channel. You will get thousands of readers from Facebook (without spending any money on marketing).
Idea #12 Facts and surprises
Slightly different from the ordinary news, go for some interesting facts about the players, their lives, and the game as well. Your content can go really viral if you execute it well. If you are really passionate about cricket, then the ideas will come naturally to you.
The easiest way to make money is through Google Adsense and Facebook Instant Articles. In the cricket season, you could make a lot of money through the ads.
In the long run, you can sell cricket equipment on your website. Partnerships with sports brands can make you a real businessman in the industry. All you need is a regular flow of cricket fans on your website.
Revenue from ads will be similar to the entertainment industry. A single person can execute the whole project with a dedicated effort of one year. You can make your living comfortable by earning a handsome amount.
If you are able to make the business a big success, it will make you several crores per year.
Politics has always been a hot domain and can turn out to be a great opportunity if you love debating about it.
The Indian audience spends a lot of time on Facebook and Twitter for political discussions. BJP and AAP supporters keep rocking the internet every day.
What can you do?
You can join the madness and create a yet another Facebook page to defame one political party and give benefit to your favourite party.
Or, you can become the legitimate source of well-researched news and information. You can write your own opinions about political facts. Go and read a lot of stuff about the history of political movements to become an authority on the subject.
You can win the hearts of Indian audiences without being biased to any party.
Important note: Be prepared to face the heat from political parties if you share any fake news or try to manipulate facts. Run your business with your own responsibility. I am just sharing an idea. Execution will be at your own risk.
I don't understand political domain very well, but I still have some ideas that can be implemented to improve the political scenario in India.
Idea #13 Keeping a record of the government’s achievements
Political parties make many promises during the elections and later no one tracks the progress. You can build a platform to influence the government to fulfil its promises. You can keep track of the promises, get latest information on the progress, and keep the readers updated.
Idea #14 Curating the news
There are different types of media and everyone puts the news out in a different way. You can curate the news from different channels. The reader might be happy while looking at the opinion of all the channels and political parties in a single place.
Idea #15 App (mobile or web) to check fake news
There is too much information available on the internet. Fake news becomes a big problem for everyone. Can you come up with a system to validate if the news is genuine or fake?
Since the industry is highly volatile, you will get a lot of traffic from social media. Invest 80 percent of your time in building your Facebook page if you want to be successful. The easiest way would be to earn money through display ads. At a certain point, you will become an influencer and you can get partnerships with corporates and NGOs to sell the targeted products and services to your audience.
You can make $100 per 100,000 page views if you show ads on your page. Even a single guy can handle such a business and make around Rs 60,000–80,000 with one year of dedicated effort. A monthly traffic of one million is not difficult. At later stages, there is no limit on how much you can earn.
There could be some more ideas to build a better environment around politics, which has been considered ‘dirty’ till date. Please share your ideas and I will include them in the list.
Startups and marketing
Content marketing is the core of the success of my online business. If you have experience in startups or marketing, you can find a lot of ideas for new businesses. You can help so many entrepreneurs in starting their business, setting up marketing, increasing sales, hiring, and project management.
Idea #16 Passive income ideas and execution (I am working on this topic)
I have gone through the phase of starting one product startup from scratch, then joining a funded startup as the marketing co-founder, working on many freelance writing and marketing projects. Last year, I resigned from a job where I was heading content marketing. My online business is my primary source of income.
If you know how to teach people to build passive sources of income, then please join me in my mission of making people self-dependent (and financially independent).
Idea #17 Teach how to sell
The next big issue is selling products. If you have experience with sales, help other startups. Don’t be afraid to share your knowledge with others. I know how we struggled for a single sale in our first startup where we were selling ERP to schools.
I learned the sales process by failing at it multiple times. Some of the books and blog articles helped me. You can start your blog or startup to help people in sales.
Idea #18 Design for startups
If you observe startups closely, you will find one idea each day. I am suggesting that you become a startup for startups. Finding a great design for website and app is the third biggest challenge for startups. Can you provide high-quality design (designers) to startups at an affordable cost? If yes, then start your work today.
Idea #19 Hiring and firing
We could have saved a lot of money by avoiding hiring a bad guy (who ran away with our laptop after two months). We caught him eventually but we wasted so much time on the chase. He was a designer. He was a bad hire. We should have fired him after the very first month.
One of the rules of running a successful startup: “Hire slow but fire fast when you are in doubt.”
If you know how to find the right candidates for a startup, you can help a lot of startups who are losing value because of bad hiring processes. You can come up with your own innovative ideas to select the right candidates for the right job position.
Idea #20 Content marketing at zero cost (organic)
I learned how to do marketing without spending a single paisa on paid marketing. If you know content marketing, you can help many startups which are looking out for organic growth.
A lot of people ask me to work on their startup marketing but I have to say NO to them because I do not have that much time. There is a lot of demand for good content marketing guys in the market. You can be the next successful guy if you want to build your career in content marketing.