10 Low-Capital Business Ideas You Can Start From Your Phone

10 Low-Capital Business Ideas You Can Start From Your Phone

Interested to start a business with a smartphone but not quite sure what to start?



The good news is, there are so many opportunities to become an entrepreneur and build an innovative product/service in this line of work.



If you're looking to start your own business with a smartphone, there are several low-capital options you can choose from.



We put a list together below of the most profitable business ideas you can start today with a phone!



Here they are:



1. Start a tech support business ($120K/year)

How Much Can You Make?
$200 — $10,000/month
Average Initial Investment
$10,680
Time To Revenue
330 days
Skills
Business model

Daniele Besana from Amsterdam, North Holland, The Netherlands started WP OK almost 8 years ago, a tech support business.

  • Revenue: $10,000/ month
  • Founders: 1
  • Employees: 5
  • Location: Amsterdam, North Holland, The Netherlands

Case Study

I've always worked in IT, solving technical problems for small and big companies.

During my 15 years career in network security, I was lucky to help a lot of different types of customers: from small family-owned businesses to multinationals corporations.

It’s all about people. Don't focus on the number of subscribers, followers, opt-in, conversions… when you start is all about building relationships with people.

how-i-turned-my-wordpress-freelance-gigs-into-a-productized-service

2. Start a mobile app development business ($960K/year)

How Much Can You Make?
$7,500 — $2,333,333/month
Average Initial Investment
$191,806
Skills

Rob Bentley from Minneapolis, MN, USA started The Jed Mahonis Group about 11 years ago, a mobile app development business.

  • Revenue: $80,000/ month
  • Founders: 2
  • Employees: 8
  • Location: Minneapolis, MN, USA

Case Study

Growing up, I’ve always been into technology. I built my first website when I was in first grade, I built my first graphing calculator app when I was in sixth grade, and I used to run the internet’s largest website dedicated to Ralph Wiggum from The Simpsons.

I waited in line for the iPhone the day it launched in 2007, and I was instantly hooked. I knew I had to learn how to build software for this device. Eventually, I learned how to jailbreak my device which allowed me to run custom apps on it (this being before the launch of the App Store).

Even though I had a passion for technology, I never really wanted a career in it. My dream job was to work as a technical director for live television broadcasts, and the only class that was close to that at my school was the capstone course for the Professional Journalism program. I ended up switching my major from Computer Engineering to that and abandoned any dreams of professionally writing software.

how-we-started-a-82k-month-custom-ios-and-android-apps-development-agency

3. Start a consulting business ($300K/year)

How Much Can You Make?
$100 — $2,500,000/month
Average Initial Investment
$7,739
Skills

Akhil Suresh Nair from Boston, MA, USA started Xena Intelligence over 2 years ago, a consulting business.

  • Revenue: $25,000/ month
  • Founders: 1
  • Employees: 3
  • Location: Boston, MA, USA

Case Study

I had a couple of years of experience working for a large corporation back in India. I genuinely felt that I was just a cog in the wheel and that whatever I did had little to no impact in the real world.

We were at a crossroads at that time – filled with constant self-doubt about the career path we wanted to take. We could have easily applied for corporate jobs in the US or in India, but we chose to follow our hearts by continuing to work in our consulting business.

I reached out to a few small businesses I had developed good relationships during my corporate career and started helping them out on developing marketing strategy to scale their businesses and also to instill robust operational efficiencies in their business processes. I realized that I was able to add considerable value to their businesses and that I felt a sense of satisfaction in being able to make their lives better. I soon started consulting for over 20 small businesses in India.

how-two-friends-from-india-bootstrapped-a-management-consulting-business

4. Start a clothing blog ($72K/year)

How Much Can You Make?
Skills

Jon Shanahan from Pittsburgh, Pennsylvania, USA started The Kavalier about 8 years ago, a clothing blog.

  • Revenue: $6,000/ month
  • Founders: 1
  • Employees: 1
  • Location: Pittsburgh, Pennsylvania, USA

Case Study

My days with a camera can be traced back to my parents’ Sony Handycam when I was 6 directing my friends to make mini movies (still somewhere around here on VHS) but high school was a defining time for that passion as I joined the video club.

There’s certainly no substitute for hard work and dedicating thoughtful time to what you’re working on. I’ve published over 500 videos in the last three years and it takes a lot of time and effort to get there but if you show up everyday you will be ahead.

I was a distracted student in high school but my one reprieve was making videos at the direction of my teacher Brad Schulte. One of my earliest projects is still on YouTube which received 700k views at a time when that was a big deal. Most of those views came from people searching for keywords which planted a seed.

starting-a-youtube-channel-and-blog-making-6-000-month

5. Become a videographer

How Much Can You Make?
$10,000 — $250,000/month
Average Initial Investment
$50,000
Skills

Examples of a successful videographer:

Here are some great videos on how to get started with a videographer:

For further info, check out these books and products:

Learn more about starting a videographer ➜

Case Study

Hello, we are Kyle Nelson and Eli Libby; Co-Founders of Results Imagery. We started product photography, video production, and media consultancy agency.

We help our clients create conversion-centric media (photos and videos), then help them monetize them through the correct distribution channels such as product listings, digital advertising, social media campaigns, and print advertising. Photography includes products on white eCommerce photography and lifestyle product photography. Our video production includes lifestyle product videos, stop-motion videos and brand documentaries/about us videos. Our monthly revenue is currently $45,000 a month.

how-we-started-a-45k-month-product-photography-and-video-company

6. Start an event planning business ($1.11M/year)

How Much Can You Make?
$35,000 — $400,000/month
Average Initial Investment
$19,725
Time To Revenue
240 days
Skills
Business model

Examples of a successful event planning business:

Here are some great videos on how to get started with a event planning business:

For further info, check out these books and products:

Learn more about starting an event planning business ➜

Case Study

Hello, I am Akshay Patel from Albuquerque, NM the land of enchantment. I started an event rental and decor company that led me to an event venue. The View Event Center is a lavish space that is an indoor and outdoor event venue with panoramic city views. Our high-end venue with experienced staff will assist from venue decor to the smallest details entailed in making memories of a lifetime. Simply Decor, Tents, and Events ensures exclusive decor and thrives to bring your event to life through customized, elegant decor for all of their clients.

The full-service company will individually work with every client to design their event that will intrigue every eye in the room. Our company is broad that we get many different types of customers and we make many great connections with them as well. The company was making upwards of $380,000 a year.

how-i-started-a-35k-month-event-decor-business

7. Start an Instagram or snapchat marketing business

Examples of a successful Instagram or snapchat marketing business:

Here are some great videos on how to get started with a Instagram or snapchat marketing business:

For further info, check out these books and products:

Learn more about starting an Instagram or snapchat marketing business ➜

8. Start a chatbot development business

How Much Can You Make?
$7,500 — $2,700,000/month
Skills

Examples of a successful chatbot development business:

Here are some great videos on how to get started with a chatbot development business:

For further info, check out these books and products:

Learn more about starting a chatbot development business ➜

Case Study

I’m from a small country called Lithuania. I run an open Source live support application. My main customers are everybody who wants to host live support applications on their stack. Clients vary from small companies to large ones - which have hundreds of operators.

My biggest accomplishment is returning clients and how I keep relationships with them for years. It means I do something right. Not to mention the project in GitHub now has over 1.5K stars.

i-built-a-live-chat-tool-in-my-spare-time-and-now-make-90k-year

9. Become an Airbnb host

How Much Can You Make?
$1,333 — $270,000/month
Average Initial Investment
$2,000
Skills

Examples of a successful Airbnb host:

Here are some great videos on how to get started with a Airbnb host:

For further info, check out these books and products:

Learn more about starting an Airbnb host ➜

Case Study

My name is Gary Fox, and I run HostButlers, an Airbnb concierge service in Dublin, Ireland.

Since we started nearly four years ago, we have hosted over 200,000 people and have been profitable from month 5.

how-i-bootstrapped-an-airbnb-management-service-to-35k-month

10. Start a mcommerce selling business

Examples of a successful mcommerce selling business:

Here are some great videos on how to get started with a mcommerce selling business:

For further info, check out these books and products:

Learn more about starting a mcommerce selling business ➜

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Pat Walls,  Founder of Starter Story
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Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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