Looking for some ways to make 50 dollars in a day? Don’t worry, we’ve got you covered! This article will go over 30 low capital business ideas that have the potential to make $50 a day or more.
How to Make 50 Dollars Today: 30 Ideas for Beginners
1. Dropshipping
Do you want to sell products online but don’t have enough money to purchase and store inventory? Then drop shipping is for you!
Dropshipping is such an attractive business model because you don’t need to keep inventory. You only need to set up your online shop on platforms such as Shopify, and then find suppliers who will pack and ship your orders directly to your customers.
If inventory is not an issue (maybe you have enough space in your spare closet), then you might want to consider wholesale sourcing.
2. Print on Demand
Print on Demand (POD) is where you sell your custom designs on products like phone cases, mugs, and t-shirts, however, you don’t actually print the artwork yourself.
Instead, you work with third-party printing companies. They can even pack and ship the product directly to your customers so you don’t need to worry about logistics.
It is easy to start by creating a Shopify shop and installing a Printify POD app. Partnering with influencers on Instagram to promote your POD products is a great way to reach new audiences.
3. Language translation
If you speak more than one language, you should consider starting a translation business to monetize your skills. The best place to find clients for such work is through freelancing sites like Upwork. You can also market your business via social media, which can help you reach more people online.
4. Website flipping
Website flipping involves purchasing a website that is already in operation, then improving its design and content and selling it to make a profit. You can trade websites in marketplaces such as Flippa and Shopify’s Exchange.
5. Home catering
You can earn a decent living by starting a home-based catering company if you are a good cook and enjoy creative outlets.
You can get started with the cooking equipment you’ve already got in your home and then add more equipment as the business grows.
6. Dog walking
Dog walkers help pet owners keep their furry friends happy, healthy, and active. It’s such a great business that can easily earn you $50 dollars a day. The only barrier to entry is your love for pets. To scale the business, you can start offering additional services such as training and grooming.
7. Become a virtual assistant
Offering virtual assistant services is one of the best business ideas for beginners. Virtual assistants are often needed by entrepreneurs and small businesses that don’t have big teams. You’ll be paid an hourly rate for tasks such as answering emails and scheduling meetings.
8. Personal shopping
Are you often praised for your keen eye for fashion trends? Are you a trusted source of clothing advice that your family and friends can turn to? These skills can help you build a business in personal shopping.
Personal shoppers help clients find the right clothing. Your job will involve assessing your client’s wardrobe and visiting online shops to find the right items. Online clothing boutiques offer a wide range of products, so you don’t have to shop in person to start this business.
9. Car detailing
Contrary to popular belief, it is possible to make car detailing your full-time job. Car detailing can make you a good profit, with an average of $50-$400 per vehicle. This means that you could easily make a lot of money if you have consistent clients.
10. Online tutoring
Online tutoring is a business you could start if you’ve got any marketable skills, whether that’s accounting, music, cooking, or even dancing. Since the classes are offered online through platforms such as Zoom, your startup costs are minumal.
11. Greeting cards
If you love to showcase your artwork, then selling greeting cards might be a great business for you.
You’ll need a few designs in order to start searching for clients. You’ll also need to stockpile the supplies needed to make the cards (such as ink and paper).
Wholesale purchasing is a great way to cut costs. Once you have enough inventory, you can begin to generate revenue by advertising your business on Etsy and Facebook.
12. Freelance writing
Writing is a skill that will always be in demand. Nearly every company needs content for their website pages, blogs, social media, etc.
If you decide to take this avenue, you can create an account on all the major freelancing sites and then offer your services at a lower price than your competitors. That will help you start winning some projects right from the get-go. Once you have enough reviews then you can adjust your hourly rates accordingly.
13. Sell homemade products
A handmade crafts business is great for those who have the ability to mold soap bars, scented candles, make specialty drinks or bake products. It’s a great creative outlet that’s easily scalable.
14. Offer WordPress support
WordPress is used by many websites. Almost all WordPress website owners require support at one point or another. You may be contacted by clients to fix their CSS or address security holes. You can use Upwork and Fiverr to find your first clients.
However, we recommend that you create a website and list your services on it. That will allow you to avoid high commissions while building high-quality relationships and trust with your clients.
15. Become a career coach
There is a shortage of job seekers due to rising unemployment rates and a saturated labor market. You can consider starting a career coaching company to help people find their right career path.
Career coaching is a great option if you are looking for business ideas that don’t take up too much of your time. You can hold one-on-one sessions or even coach multiple clients at once.
16. Email marketing
Do you have a knack for writing emails? Are you able to create subject lines that are so compelling that people cannot resist clicking? Then you can start your own email marketing company.
Companies looking for help with email marketing can be found on platforms such as Upwork and PeoplePerHour. Cold outreach is also a great way to find clients.
17. Contract cleaning
Many people don’t have the time or the will to clean regularly. You can become a professional cleaner and help homeowners and businesses with cleaning, dusting, vacuuming, etc.
The startup costs for a cleaning business are very low. Although cleaning supplies and materials cost less than $100, you can also buy specialty equipment such as carpet cleaners and steam vacuums. To get the word out, it’s a smart idea to create a website or social media page.
18. Take-out meals
There are many people who find it difficult to cook healthy and nutritious meals. The meals-to-go trend is rapidly growing and you can capitalize on it by you starting your own restaurant in your neighborhood.
Contrary to popular belief, you don’t need to spend a lot of money on a commercial kitchen. You can run your restaurant from a shared kitchen. These kitchens are often equipped with all the necessary supplies. They can be rented monthly, daily, or hourly.
19. Landscaping
Do you have a passion for gardening? A landscaping business could be the best way to make your hobby a lucrative side business. You can do everything from mowing lawn to planting shrubs.
20. Website testing
Digital brands often hire real people to provide feedback on their websites and apps, and then use the feedback to fix issues that developers might not have identified. You can find such work on platforms such as UserTesting and Ferpection.
21. SEO
SEO, or search engine optimization, is the process of increasing a website’s ranking on search engines such as Google and Bing. Every business with a website would like it to be on the top Google pages. A better ranking leads to more traffic, and ultimately more sales.
If you’re familiar with the ins and outs of SEO then you can start offering your services through freelancing sites. It’s one of the highest-paying online jobs.
22. App development
Many business are looking to build mobile apps, however don’t have the expertise in-house. If you’re familiar with app development then it’s a great opportunity to make $50 a day offering your services to small businesses.
23. Stock photography
Stock photographs are images that are licensed out to third parties, and are often used in both online and print publications. If you’re great with your camera then it’s a great opportunity to make passive income doing what you love.
All you need to do is to find a niche e.g. wildlife, take your photos, edit them and then publish them on sites like Shutterstock and Adobe Stock. Any time somebody licenses them you get paid a small commission.
24. Virtual dance studio
A virtual studio is a great option because you don’t have to rent large spaces. You can even teach dance classes at home! This makes it one of the most popular home-based business ideas. You can enroll as many students as you wish to your class.
You will need video conferencing software such as Zoom to start a virtual studio. High-speed internet is also required to ensure that there are no buffering or lags during livestreams. You should schedule enough classes each month to ensure that students are able to learn their routines quickly.
25. Instagram consulting
Many companies are looking to grow and increase engagement on their Instagram accounts. You can get paid a decent amount for sharing your secrets with them, such as how to create appealing bios, how to edit images, best times to publish, etc.
26. Video production
According to video marketing statistics in the US, 85% of internet users watched online videos on their devices. There is a greater demand for video editors as more videos are being viewed than ever. A video production company could be a profitable business idea.
To start this business, you’ll need a basic lighting system, wireless microphones, and at least two cameras. You don’t need to use new equipment as they could be too expensive. Second hand will do.
You can offer to create video content for companies’ YouTube channels or for wedding and graduation ceremonies. There are no restrictions on the type of projects that you can take, but specializing in one area allows you to stand out from competitors.
27. Computer training
You can start your own computer training company and enroll students monthly. Computer skills are vital in this digital age.
If you’re good at coding then you can also offer it in your training package. To reduce the startup cost, you can do the classes virtually rather than in-person.
28. College prep
Pick a specific area of college prep that you want to focus your business on. You can tutor students on ACT, or help them write practice admission essays. After narrowing your focus, you can then start marketing your business.
29. Niche staffing agency
Employers always want to hire the best talent for their businesses. As a niche staffing agency, your job will be to match job seekers with employers in your chosen sector.
You can be a temporary, temporary-to-permanent, or long-term staffing agency based on the needs of the market.
30. Digital event planner
As a digital event planner, your job will be to plan, organize, and report on digital events such as webinars and online summits for companies. You can make money by charging an hourly rate for your services, or selling sponsorships.
