3 Ways that you can Start a Business with NO Money
You have a great idea and you want to translate it into opening a business. Only, there is one big problem, you’re short on cash. And, for most aspiring entrepreneurs, getting your hands on much needed startup capital is usually the biggest challenge. In this blog and included video, I share with you my top 3 suggestions on how you can start a business with no money.
Lack of start up costs, should not deter you from pursuing your entrepreneurial dreams. See, with confidence in your idea and a clear vision of how you are going to execute it — you can absolutely do it!
You can Start a Business with NO Money
There are millions of small businesses in the US alone, and starting a new business will require hard work and dedication. And, there’s no reason you should let lack of resources stop you.
It’s easy to come up with a list of obstacles standing in the way of you and launching your business, right? It’s often harder to come up with a list of opportunities that are looking right at you. If the thought of starting a business with no money intimidates you, stop and think about what you can do without right now.
What’s essential to your business?
Do you need the custom-designed website when you’ve only listed 3 items for your new store? Could you do with creating a Facebook page to promote your business instead? Or, would it make more sense for you to post your products for sale on a sites like Etsy or eBay?
Additionally, how about creating your marketing materials on Canva? Could you barter and trade your skills, products or resources with someone else instead of payment? To say there are a lot of free resources on the web is an understatement.
And, if you are serious about starting a business with no money, you’re going to have to be resourceful.
Here are my top 3 suggestions;
- Seek a mentor who is doing what you would like to do. Consume all of their free content and get to work.
- Look around your home — what do you have that you can sell? Most people have items that they simply don’t use anymore, get rid of them! Facebook marketplace is a great spot for this.
- Do something — change something!
Be sure to watch the video above for some great starting points to take advantage of how to start a business with no money. Your dreams, might just be closer than you think. Do you have a business idea you are looking to start? Is capital the only thing holding you back?
Or, are you already in business? Share with us in the comments on how you got started!
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