In an economic downturn, people are always looking for a way to earn extra money. And due to the fact that we live in a technological age, most of the people turn to the internet for extra income online.

But while many turn to the Internet for additional income, most people would like to know that they can start an online business with little or no initial investment on their part. And the Internet provides that benefit.

This is especially good because only the Internet can start a business with little or no initial investment. With a brick and mortar business, you must either take out a business loan or use your own savings to finance your new business.

While the internet does provide some free tools, they are usually not the best tools to get the job done. Also, because some tools are free, you have no control over them. Take, for example, a free website like Blogger or Squidoo Lens. Both are free tools, but they are not owned by you.

Once you’ve set up a Squidoo lens, Squidoo runs competitor ads to try and sell products on your lens, so you’re effectively competing with that lens for sales. If you set up a blogger, there may come a day and you can’t find your blog because it was removed for whatever reason Google sees fit to do so.

The best way to start any business, be it online or offline, is to do it right. The cost of getting a domain name is less than $10. The cost of having a web hosting account can also be as low as $10 per month. Surely, if you plan to start a business on your own, you can have $20 dollars to start your business.

Once you have a domain name and web hosting account, you are now in control. You now own your own website to earn money and determine the content that is placed there.
But if you decide you don’t want an upfront investment cost, here are 3 quick and easy ways to make money online with no upfront cost.

Free Tip #1: Get a free account with Squidoo, Hub, or Blogger. All of these are free and will have a free tutorial on how to increase account.

Free Tip 2: Sign up with Clickbank, Commission Junction, or Amazon and become an affiliate for them. Once you do, you can start selling your products and earn a commission on every sale you make. You will need to spend time on these sites to find out how to find the best products.

Free Tip #3: Use free traffic methods to drive traffic to your blogger, hub, or squid lens. There are many free traffic methods that will provide you with the traffic you need to generate sales. The main drawback of this method is that it is time consuming and very slow. And you will be competing with people who have years of experience in the business.