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If you’re a young entrepreneur and you’re sick of the 9-5 rat race, you should start thinking out of the box. You need to figure out a career that will allow you to determine your own hours and your own salary. It’s important to ensure that it doesn’t cost you a small fortune to get started.

 

With this in mind, below are a couple of business ventures for young entrepreneurs that can either be started for free or cheaply.

 

Chatbot-creating agency

 

Chatbots are very important for businesses of all sizes and they are adopting them as part of their marketing, sales, and customer services teams. These bots allow businesses to cut costs while increasing revenue. Creating a chatbot now is way less difficult than it once was.

 

Now, there are platforms like Chattypeople where you can create enterprise-grade chatbot powered by AI and natural language processing in a matter of minutes with absolutely no coding or programming knowledge.

 

To get started, created a free account, and offer your services to companies of all sizes. Then once your agency grows, you can upgrade your account and increase your prices.

 

Online retail consigner

 

All you need for this idea is a camera, a computer, and a real passion for fashion. Start by gathering all the old clothing you’ve collected over the years and no longer wear, and take professional pictures of them.

 

You can either post your items on eBay or create your own personal store through Shopify or WordPress. There are endless earning opportunities with this and you can even branch out to sell furniture, children’s accessories, garden equipment, and much more.

 

Instagram consultant

 

Instagram is a huge social media channel alongside Facebook and Twitter. Companies are now opting for a visual social media presence, meaning Instagram and Pinterest.

 

Creating an Instagram following, however, is not easy. Companies need Instagram consultants to help them gain a big social media presence.

 

Blogging or vlogging

 

If you have a specific skill set or are an expert in a particular industry, why not teach others? Blogging is a great way to share information with people. While you may not see how you can make money giving people free advice, the opportunities are actually endless.