With 5,000 yuan, what can I do to start a business and make money?

How can ordinary people start a business? Based on his own experience, the author of this article shares some side jobs that can be done with a monthly salary of 5,000 yuan, as well as the core factors that ordinary people can make money. Come and have a look.

Hello, fellow villagers. I am the village chief.

If your current monthly salary is 8,000 or 10,000, then I would not recommend you to start a business.

The reason is simple. A monthly salary of over 10,000 yuan already exceeds that of more than 95% of workers.

01 It’s hard to make 10,000 yuan by starting a business

Maybe you are under pressure of mortgage and childcare now, but once you actually start your own business, you will find how difficult it is to earn 10,000 yuan a month.

Let's do a very rough calculation. Taking a 30% profit on ordinary goods as an example, to make 10,000 yuan a month, you have to sell 30,000 yuan a month, which is equivalent to selling 1,000 yuan a day.

If calculated based on a unit price of 20 yuan, at least 50 orders will be sold per day.

According to the conversion rate, in order to sell 50 orders, at least 100 people need to come into the store every day, and this requires normal business operations for 30 days.

So everyone, don’t always listen blindly to what others say. If you look around you in a week, you won’t find many people making hundreds of thousands of dollars a month.

Especially for those employees in large companies who currently earn 15,000, 20,000 or even 30,000, 40,000 or 50,000 yuan a month, it is recommended that you continue to stay in the company, even if you feel uncomfortable.

It will be more realistic to consider your dream when you have saved 1 or 2 million in cash and the pressure of mortgage is less.

Otherwise, if you start a business with only 300,000 or 500,000 yuan in your pocket, 99% of the newbies will end up with huge losses and debts.

02 What is suitable for a monthly salary of 5,000?

But if your current monthly salary is only four or five thousand, or five or six or seven thousand, and you don’t work in a public institution, but work as a screwdriver in an ordinary small factory, or as a waiter in general entertainment or catering venues, etc.

My suggestion is that you should use your brain to think about some simple ways to try to change yourself.

There are many projects on the market, and many of them are exaggerated. Here I would like to give you some suggestions.

1. Create your own media

I definitely don’t recommend working in self-media full-time, because the field of self-media has become so complicated that there is no limit to its development.

But for ordinary people, you can make some money as a side job, such as an extra 600 to 700 yuan, or 1,000 to 2,000 yuan a month.

There is definitely an opportunity to work in self-media. If you earn 5,000 or 6,000 yuan a month, and then shoot some short videos, you will have an income of 7,000 or 8,000 yuan.

I can personally assure you that as long as you work hard, you will definitely earn one or two thousand a month. There is no such thing as cutting leeks.

The key lies in whether you value these seven or eight hundred, or one or two thousand.

So for ordinary people, a low-risk and profitable way to engage in self-media is to shoot Vlogs and share their lives and thoughts.

On the one hand, you don’t have to worry about whether the content is infringing, and on the other hand, you don’t have to worry about content duplication.

Everyone is unique, so even if you are taking pictures of running, cooking, fishing, shopping, etc., there will be people watching.

2. Set up stalls offline

Ordinary people are not suitable for selling goods on WeChat Moments because you have no personality and don’t know how to speak. If you post something on WeChat Moments and users are disgusted by it, you will be blocked.

But offline stalls are different, the purpose of users is to consume.

So as long as what you sell is of good quality, reasonably priced, and meets the needs of some people, you will be successful.

For example, selling children's toys, mobile phone case films, small sundries, small restaurants, etc.

There is no essential difference between setting up an offline stall and opening a store or an online store. They all require site selection, product selection, pricing, service, etc.

3. Single product promotion

If you still want to try selling products on Douyin, then you can create a single product account as I shared with you before.

For example, if you choose a product, such as garbage bags, paper cups, data cables, slippers, potato chips, etc., you will only sell this product.

This way you spend money to buy a few samples and can shoot hundreds or thousands of videos.

I have shared an account before. In all the videos, the account only sold one type of potato chips, 10 bags for 9.9 yuan, and it sold hundreds of thousands of orders.

But this direction is definitely much more difficult than the previous two.

4. Errand service

I call part-time jobs such as delivering food, driving Dada, and driving ride-sharing "errand services". To be honest, even if it is a part-time job, it is easy to make one or two thousand yuan a month in this kind of business.

Because I have personally experienced all of the above projects, it is easy for an ordinary novice to earn 100 yuan a day by delivering food.

However, many people feel tired and embarrassed about this kind of project even though they know it can make money.

So I would rather be poor and have no money than do it.

There is also another type of business on the Internet, which I also call errands.

It is to move some content such as movies and TV dramas and earn some traffic fees. This is possible as long as the subject matter is good.

Although the returns are not stable, you will definitely see money.

In addition, we can also help others with distribution, sales, and intermediary services in our circle of friends, and we also have the opportunity to make money.

For example, selling tea in spring and fruit in autumn, etc., if done well, it can be developed into private group purchasing.

03 If you want to make money, execution is the most important

In addition to these, you may have heard many business bloggers share various projects with you.

But no matter which kind of money-making project it is, whether it is suitable for light assets or a side job, if you want to make money in the end, it is not enough to just know about it.

There are so many projects online. If you don’t execute them, they are just a piece of information and cannot be directly turned into money.

The core reason why many people have always had low incomes but are eager to make a fortune online is their lack of execution.

For example, if I tell you now that you post content on Bilibili, Toutiao, Douyin, Xigua, Video Account, Baijiahao, and Official Account, as long as there are views and plays, you will get a share of the advertising revenue.

But many people don’t do it. On the one hand, they feel tired, and on the other hand, they feel it is hard.

Spending so much time and only making 10 or 20 bucks a day is totally not worth it.

So the opportunity to make money is given to those who are willing to execute.

04 Gain experience and opportunities for trial and error

In fact, the reason I share this article is not so much about earning an extra 700 or 800 or 1,000 or 2,000 yuan a month as it is about saying that gaining experience is more important than saving money.

Because for someone who only earns five or six thousand yuan a month, it is too difficult to start a business successfully.

In comparison, those who earn 15,000, 20,000 or even 30,000 or 50,000 yuan have higher cognition, more opportunities and wider networks.

But if ordinary people want to improve their knowledge and experience, they can only do so through trial and error.

Only after you have actually experienced setting up stalls, shooting short videos, writing articles, etc., you will know how to make money on the Internet.

Only then will you know where the goods are imported from, how to identify the quality, and what the customer's decision-making thinking is like.

The most important point is that as an ordinary person, as long as you don’t touch big projects, you can afford to lose.

For high-income people or rich people, the reason they can make money is that they have too many opportunities to try and fail.

For example, if he can earn 300,000 yuan a year, then he can start a small business and test it three or five times. He will always be able to screen out the ones that suit him and will not be afraid of losing 100,000 or 200,000 yuan in the beginning.

As for ordinary people, you have nothing to lose anyway. If you lose three or five thousand yuan by setting up a stall, you can borrow money to change products and continue selling. Maybe you can find the right products by setting up a stall and succeed.

Therefore, for all friends whose income is less than 10,000 yuan and who want to start a business to make money, it is recommended to start with a side job first.

It is more important to give yourself more opportunities to fail, accumulate experience, and accumulate opportunities for trial and error.

Author: Village Chief

WeChat public account: Shili Village (ID: shilipxl)