How to start a business with no money. Do not worry if you do not have money to start a business. This article covers the highly demanding topic that is “How to start a business with no money”. I know many of us have fantastic ideas in our brains but we do not implement in reality because we do not have money to take a risk. Starting a business without the dominance of a boss on top of your head is the dream of many and is accomplished by very few. The reason is that some do not have the money to start a business and some do not have the time to start a business.
There are many famous examples of entrepreneurs that have started their business with nothing in their hands except talent. For example, Apple, Dell, Nike, Hewlett-Packard, Disney and many more billionaire companies were started with people’s talent and with no investment. Nike company was started by Bill Bowerman and Phillip Knight. And you can’t even imagine that they started their company by selling training shoes from their trunk.
Money is a really important thing to fulfill the daily needs like food, clothing, shelter and many more things. So it is important for most of the things. So, why not business? Yes, you are right that most of the startups require money. But, there is number of businesses to start without money. Yes, you read that correct! Absolutely, no investment and we will get to know about this in detail in the coming paragraphs.
Let us discuss the topic in detail How to start a business with no money.
1How to start a business with no money: Resell your old stuff :
I think all of us have old stuff in our cupboards, on which we have spent lots of money. Why not sell them online? You can sell all of your old stuff online and you can make so much money out of your imagination. People don’t know how much cost you have purchased a particular thing. So you can also sell the things at the same cost at which you have purchased or even higher than that. The things that you should keep in mind while selling a thing is that the condition of that particular thing should be good.
You can sell your products on eBay, Amazon or you can even create your own online store. To fulfill the delivery stuff, you can partner up with the drop shipping companies. With the help of the drop shipping companies, you do not have to worry about the delivery of the product on time and at the right place. So this way half of a headache is gone. Now you just need the things that you are going to sell online. This is an online drop shipping platform called Shopify that will help you fulfill your this need as well.
2Sell what you can do :
You can do many things, the thing you need to do is sit and think about the tasks that you can perform. Babysitting is a small business but this does not require any money or investment to start. You can get your first client in your neighborhood only. People are so much busy these days they do not have time to spend on their own babies. So they require someone to take care of their babies when they are at work. You start this job from now onwards if you have your client on hand. And mind it if you had served your client perfectly then this business also grows quickly with a good word of mouth.
Another way to start a business with no money is by gardening. This is another business that you can start from your neighborhood. You might be thinking that what people will think about you. You cannot stop yourself just because of people’s thinking. This business does not require much talent and can also be spread wide with a good mouth of a word.
Decorating people home, you can start a business of decorating other’s home. Mostly, there are holidays during the festive occasions. You spend your free time in making money. You will not have to spend a single penny and in turn, you will be paid for the same.
Dog-walk is another great business that falls on this topic. You can also do this work in your free time. And you can make earning of $10 to $15 per hour for this business. People love to keep pets but do not have time to spend on them. So this is another solution on how to start a business with no money.
3 Making something and then selling it:
If art is in you, you can definitely make something and sell it online. An artist can never die because of hunger. He can definitely make money through his talent. Yes, I know that making something will still need some small investment but these things can be sold much above their initial cost. What you can make is totally up to you. However, there are many online stores that give the opportunities to sell hand-made things. One example is Etsy. This is the largest online store where you can sell your hand-made items from jewelry to toys for kids. Bonanza is also another online store just like Etsy.
eBay is one of the biggest online stores that give the opportunity to the people to sell their products online. So this another option on how to start a business with no money. Actually, this can require a little investment too.
4Doing things yourself:
You can start a business of developing a website and selling them online. To do this business you will require some skills. You can start a business with no money on freelencer.com. This is the popular website that will help you to get business. Once you start getting business you will require more people like you to do different tasks. However, by avoiding this you can do all of the work yourself.
Think about it if the work of a web designer, graphics designer is done by a single person then what is the need of hiring staff, if you can do all the work yourself. A single employee has his or her own need and will rely on you for those needs in the form of his or her salary. So to avoid this you can start doing all the tasks yourself. This is how to start a business with no money. Because much of the company’s profit is spent on the employee’s salaries. So it is better to save your money by doing all the tasks yourself from small to big.
In conclusion, these are some of the solutions on how to start a business with no money. Money is the most important element of life that cannot be neglected. However, we can neglect it to some extent while starting a business. A startup is a turning point in one’s life it can be a success or a failure. We are often scared of investing money at the start of a business. To make you go fearless, we have introduced some of the ways to start a business with no money.