6 Low Cost Ways to Make Money Start-ups are often confused as they believe that building a business requires large capital funding. Here are the top 6 categories that need only your time and skill

By Rustam Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock.com

Everyone working in a 9-5 job, no matter how highly paid or luxurious in nature dreams of starting their own business at some point of time in their career. Entrepreneurs, in theory, are driven by passion, skill and idea execution. However in India, crippling lack of funds and no funding often brings ideas down and their passionate drive to be in control over their own lives as well. Sure, sometimes ideas are born and some ideas may die to make room for better ones, but the enthusiasm of an entrepreneur should not die. And money, of all factors, should not be an issue for not being an entrepreneur.

Here are some of the top ideas to be the boss of your own life and in starting an entrepreneur business. These may act as buffer to make some cash for savings for your big idea to take off, or if time drives you to like the business, a small scale enterprise can quickly convert into a franchise soon too.

Freelancing

Tired of working under a large corporation and rendering your heart and soul into it by reaping only a fixed salary? It's about time you consider freelancing. Whether its photography, art, writing, music, teaching, directing or practically any technical or non-technical field, there are several portals online which offer freelancing options. Some of these can run into longer durations, and others can be short term – but the prospectus of working and not working when you want, is priceless.

Tutoring

Tutoring is a great way to make money and brush your skill set while sharpening your knowledge and talent. In whatever field you're good at, whether it's teaching children their course curriculum, entrance examinations, or even a specialized field – such as arts, crafts, music, photography, designing, website making, programming, even driving – the world is always in need of tutors.

Agent

Why risk all the collateral damage of environmental variables, risks of investment and time consumption, when you can be the middle man agent of a product or service? Agents are crucial in bridging gaps between customers and the vastness of options available on the internet of jobs, goods & services. For someone who is not as technologically savvy or patient enough to understand the internet, agents can add a personalized touch to the idea of sale and purchase, making good money in the process.

Baby sitting

One of the most under-utilized industries in India, baby sitting is just waiting for an industry expert to be tapped. If you're friendly with children, using word of mouth of a brilliant ad can get you started on offering Indian families finally some quality time among themselves, and get paid hourly for your services.

Career Counseling

Your really don't need any expert training to offer basic advice in career counseling. Generic questionnaires, surveys and advice exist in the vastness of the internet waiting to be utilized. You can merely acts as the middle man and offer well researched advice from the internet to anxious children and young adults over the likelihood of choosing a profession they might like.

Event manager

Being an event manager is like being the handy man in life. If multitasking is forte, then this is a valuable profession to consider pursuing. All it takes it to have excellent contacts, seek out all options for the kind of events you aim to include in your regular clients. All it takes is some research and excellent negotiating skills.

Rustam Singh

Sub-Editor- Entrepreneur.com

Tech reporter.

Contact me if you have a truly unique technology related startup looking for a review and coverage, especially a crowd-funded project looking to launch and coverage.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

Zaggle Acquires 38.34% Stake in Mobileware Technologies

This investment highlights Zaggle's ongoing strategy to expand its fintech capabilities and offer enhanced payment solutions to businesses.

Growing a Business

5 Books Every Small Business Owner Should Read

Here are five encouraging books for business owners trying to grow their companies.

News and Trends

Findi Secures INR 243 Cr to Expand TSI's Fintech Operations in India

The funds will be utilised to enhance TSI's technological infrastructure, scale merchant payment solutions, and expand its ATM and payment processing footprint across key Indian markets.

Business Ideas

91 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

News and Trends

Nabhdrishti Aerospace Secures USD 3 Mn to Advance Indigenous Propulsion Technologies

The fresh capital will fuel the development and testing of Nabhdrishti's next-generation engine prototypes, accelerating its mission to indigenise propulsion systems and make clean energy solutions more affordable.