50 ideas for making money online with a budget under Rs 5,000
I 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 #41 Help in accounting
You don’t have to be a CA or legal financial advisor to help people with accounting — a finance or commerce degree will suffice. There are multiple ways of helping people with managing their accounts. You can help frugal startups manage their accounts. You can easily find your initial clients if you are willing to work hard. You can get partnerships with CAs to complete the tax filing work.
Idea #42 Video blog in finance
There are a few people who publish good videos on finance-related topics. You can start your own video blog on YouTube. It’s all about the hard work, but you will love the income when your videos will be viewed by millions of people.
Idea #43 Help students clear finance exams
If you are seriously interested in starting your online business, you can find more ideas than I can think up for you. The easiest way to start something online is by sharing your knowledge. If you have studied anything in the finance field, you can start helping students in clearing their finance exams. Mathematics and finance are considered tough subjects to crack, and you can find your opportunity where people falter.
The healthcare domain is very sensitive. You must think about getting into healthcare if you are really passionate about improving people’s health.
Don’t start something just because someone said that the Indian consumer spends billions on healthcare every year. I have some ideas in this domain but they never became a priority for me. Last year, I joined a baby healthcare startup but left the job in a few months.
If you want to do something then,
Idea #44 Honest reviews for doctors
Last year, I thought of starting a company to provide genuine reviews for doctors. I was thinking of listing the successes and failures of doctors so that patients can make informed decisions. But I joined a child healthcare company as a content marketer instead. The idea is still waiting for someone to implement it.
Idea #45 Discounts on major treatments
It would be a great help to humanity if you could help people get treatments at low costs.
Idea #46 Raise money for genuine patients who cannot afford the high cost
There are so many issues in the healthcare sector, which is ready to be disrupted. If you are passionate about healthcare, help the people who cannot afford costly treatments raise money.
Idea #47 A community of patients to help each other
I am sure that a lot of patients can come forward to help each other if you take the step of building a community. A doctor can provide treatment, but there are numerous questions that need answering even before the doctor comes into the picture, and that’s where the community will help.
Idea #48 A community of people who are struggling with depression
People don’t come forward to share their issues related to depression. An online community can help each other stay motivated, get the right treatment, and provide encouragement.
Idea #49 Men's health blog
This is a very simple idea with a high Google search volume. Topics would be simple to research and write about.
Idea #50 Women’s health blog
Similar to men’s health, there is a potential to start a blog on women’s health. Don’t mix two topics. Stay focused on a single thing.