5 Businesses You Can Start For Less Than $1000

4. Social Media Influencer

Becoming a social media influencer is one of the best business ideas individuals can start for under $1,000. According to data by Business Insider, social media influencers can typically make $100,000 while juggling other jobs on the side. To become a social media influencer, individuals must have a high-quality mobile with a good camera and enhanced lighting to record content. A 12-inch ring light along with an extendable tripod stand is available on Amazon for $35.99.