Today I will be sharing about how to start side business with low investment in Malaysia. Did you know that starting a side hustle business couldn’t be easier right now compared to five years ago and if you think that side business is only for young people check out these stats one third of the people who do site visas are actually over 54 years old now.
In fact I have trained or coached quite a number of entrepreneurs over 50 years old in the last two years to start their own business so the first one which is the easiest that you can start right now is an e-commerce business.
Watch “How to Start Side Business with Low Investment in Malaysia [2021]” full video below.
#1 Ecommerce
The first business startup guide on how to start side business with low investment in Malaysia is e-commerce. Why e-commerce business e-commerce business is simple because you are selling products that people want to buy and it only requires low investment first thing of course you need to find the right product that has demand and then just build a web store then start marketing with social media
If you follow these three steps then you can basically start your business and the investment is pretty low. I believe it’s easily below 1000 US dollars.
I’m Andrew, I help entrepreneurs and small businesses to create and grow their business online. Besides selling physical products as e-commerce business.
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#2 Digital Marketing Business
The second business startup guide on how to start side business with low investment in Malaysia is starting a digital business, if you are good in social media then you can consider starting your own digital marketing business which people call digital marketing agency now what they do is that basically you help small businesses or entrepreneurs to grow their business using social media like Facebook, Instagram and Linkedin.
For example social media content marketing social media advertising so If you are good at that or you can learn it up fast then you can basically start this business and the investment to start this business is pretty pretty low it’s mostly only your time and your knowledge.
#3 Consulting Business
The third one is my favorite business startup guide on how to start side business with low investment in Malaysia because I’ve been doing this for the last 21 years which is the consulting business so If you have experience and skills that you think company people or corporate people would like to learn from you then you can become a consultant because a consultant will help companies to grow by teaching or consult helping them to improve. If you have the experience or skills then a consulting business is something that you can consider.
#4 Training and Coaching
The fourth business startup guide on how to start side business with low investment in Malaysia is training and coaching business. Now it is almost the same as consulting business. If you have skills that people want to learn from you, you can teach and coach them. For example, if you’re good at doing fitness or wellness you can become a fitness or wellness coach.
Besides fitness wellness there’s a lot of things that you can teach for example even as simple as drawing so you can do a tutoring drawing this is like a tuition if you’re good in math you provide tuition for kids or children as well and even cooking if you’re good you can start a culinary class so there’s so many things that you can do in this training and coaching business.
#5 Service Business
The fifth business startup guide on how to start side business with low investment in Malaysia is other business services because services don’t require a lot of investment the things that require most is your time you see so services has very low investment for startup so what you can do is as simple as like a cleaning services home care for all people services even translation services pet sitting home tutoring and many more so you just need to be creative to come up with services that people need.
If you want to start a side business these are five business startup guide on how to start side business with low investment in Malaysia that you can quickly start off with very very low investment now I hope this will give you some ideas meanwhile check out the description below where I list out in more details how you can start e-commerce consulting business and so on so you feel that this helps you do share it with your friends.
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