SOME IDEAS FOR STARTING A BUSINESS WITH NO MONEY
READY TO START?
❌ But you don’t have enough money?
❌ You don’t meet bank requirements for credit?
❌ Good credit history?
❌ High income?
❌ Big down payment?
I can assure you, you are not the first one who has some ideas about starting a business with no money. You are in crisis, as is the world from time to time, but just like the world always emerges from crisis, so will you.
When the product is being made, sometimes it is enough to create an attractive package by using the computer and presenting the product to customers for example on Facebook groups. If you provide services or re-sell goods make sure to find a suitable supplier, check the quality of the goods first, and finally this can be offered to a customer. When the first order and the payment are received, place an order with your supplier or make the required number of items and deliver it to customers. Even international business can easily start from such small and simple processes.
DECISION IS THE FIRST STEP TOWARDS YOUR SUCCESSFUL BUSINESS
Think about it. It’s a decision that sets us apart from our dreams. That’s why I encourage you to make a decision and take that first step. See your own potential to satisfy the need of the market. If now you don’t have an idea for a business, decide what you are going to do. Make a list of things that you are good at. That way, you can turn your craft into a business. Look at all the products to see whether they are of high quality and profitable. In other words, try to find a problem in the market, and solve it by creating a business.
HERE ARE SOME IDEAS FOR STARTING A BUSINESS
- Make a list of things you love and are best at. Start with love for an activity, not for gaining profit.
- List all available RESOURCES you have and figure out how you can use them.
- Solve the problem that most people face and create a business out of it.
- Not all businesses need initial capital. For example, in the service sector, you can plan and start today. The Internet gives you new opportunities to start from home and reach potential clients from all over the world. The Internet is a tool that serves you. So, try to make good use of the free resources available there.
IF YOU HAVE NO IDEA FOR BUSINESS ANSWER THE FOLLOWING QUESTIONS
How can I make people’s lives better?
How can I make life more comfortable for everybody?
What do most people need?
I believe, that answering these questions can help you realize that all forms of energy are the main desire in the global economy. The desire for Food, Water, Electricity, Oil, Gas, Chemistry, IT, etc. All these basic needs require money to be purchased and maintained and make a great niche simply by being always desirable. It does not really matter which niche you choose, at the end of the day there must be a profit. It also does not matter which business segment you choose, because business is a single entity.
All niches are related and fulfill each other. For example, you can have a coffee bean plantation that is very productive, but if you have no means of transporting those beans, they become worthless, right? Even if you have ways to transport them, but there are no buyers, they become worthless again.
Think about it, what really matters is your willingness to succeed. The motivation for success should be the love for what you do. Loving your chosen field is likely to bring you profit because you will work with passion and commitment. Ultimately, profit will bring you financial independence that should make it even easier to pursue your passion.
ALWAYS BELIEVE IN YOURSELF
Fear is the biggest obstacle to start building your own business. It always tries to control you, so you must fight back, do not let it seize your thoughts and feelings. Believe in yourself! The start is scary only when you don’t know what to do:
1 First, look at your idea rationally, like a road ahead of you, and put it down on your plan – so you would never lose your way.
2 Create your plan – so your plan would be clear to yourself and your partners,
3 Show your plan and Roadmap for an accountant and lawyer,
4 Insure your business,
5 Most importantly – GET STARTED and be with people who support you!