Jennifer, the Founder of FinTribe, recently shared her insights on how young people can leverage the internet to create wealth during a panel session in Ghana. Known for her commitment to helping women achieve financial independence, Jennifer highlighted three lucrative side hustles that she personally utilized to make money online without any initial capital.
“Today’s generation has unprecedented access to opportunities for building wealth,” Jennifer stated. “Here are the side hustles that I personally engaged in, which required no capital and yet generated significant income.”
**1. Drop Shipping:**
Jennifer launched a hair business without any initial investment. By creating an Instagram page (@ourhairjoy) and sharing engaging hair content, she built a substantial audience. She partnered with larger hair pages, reposting their products with a profit margin. When customers made purchases, Jennifer coordinated with suppliers to deliver the products directly to customers, keeping the profit. “This model can be applied to any product, and many large businesses started this way,” she noted.
**2. Social Media Management:**
During the COVID-19 pandemic, many business owners were forced to move their operations online but lacked the expertise or time to manage their social media presence. Jennifer seized this opportunity by offering content creation and page management services. Starting with Facebook content on optimizing Instagram pages, she soon received requests from business owners to manage their accounts. Jennifer expanded her services to include page optimization and content calendars, eventually serving over 15 businesses and generating substantial income.
**3. Shopping Errands:**
Jennifer identified a need among people outside Lagos who wanted access to the city’s extensive and affordable markets. She launched a personal shopping service during the Christmas season, starting with a client in Warri who needed clothes for herself and her children. By providing video call shopping experiences and taking on clients within Lagos, Jennifer turned this service into a profitable venture.
“All I needed was my phone—a basic Android phone back then—and I was able to make good money,” Jennifer emphasized. “There are countless opportunities around us. Identify them and take action.”
Jennifer encourages everyone to share this information, as it could be a crucial resource for someone looking to learn and earn.
FinTribe is dedicated to empowering women to build wealth through financial literacy, entrepreneurship, and innovative business strategies. Founded by Jennifer, FinTribe provides resources, support, and inspiration to women looking to achieve financial independence and success.