""There are so many ways to get started with no money," says Shaun Ghavami, founder of 10XBNB. "You just need to get creative, and you need a niche.""
"Ghavami launched his co-hosting side hustle with no investment, reaching out to landlords struggling to rent their furnished properties and offering to manage their Airbnb listings."
"His Vancouver-based company has generated over $5 million in booking fees since its founding in 2020, demonstrating the potential of starting a business with minimal upfront costs."
"Outbound lead generation is often overlooked, but it involves identifying and nurturing prospective customers for businesses, utilizing platforms like LinkedIn and Meta."
Many side hustles require start-up costs, but several can be initiated with existing tools and an internet connection. Shaun Ghavami, founder of 10XBNB, exemplifies this by launching a co-hosting business without investment. He initially charged 20 percent of Airbnb revenue, now taking 35 percent, generating over $5 million since 2020. Other no-cost side hustles include social media consulting and outbound lead generation, which leverage personal skills and existing platforms to attract clients and generate income.
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