HOW TO START A BUSINESS WITH LITTLE TO NO MONEY

*Build your business around what you already know how to do.

 

Is there's something that you're really great at? What are things that you've been doing naturally since where a child? Those things are your gifts. They are a more than just your talent they're second nature to you.

 

*You need to come up with an investment schedule.

 

I need you to write down a plan. It doesn’t have to be anything major. It should be something like when I get my first client I'm going to buy my business cards. When I get my first client I'm going to take this money and finish up my website. I'm going to take the money from two or three clients and use it to take this workshop, so I can improve my skills. It’s imperative to figure out what you're going to do with your money before you get it.

 

*Don’t spend money on unnecessary

 

What do I mean by unnecessary expenses? Let's say for example there's some really amazing cool-looking business cards maybe they’re or maybe they're engraved in some kind away that will make you stand out from the crowd. You do need business cards but those particular business cards may cost you a thousand dollars. When it comes to buying luxury things it’s important for you to remember that you're just starting off and you do need a business card however your business card may need to be a little less flashy. Instead go to a company like Vista print and get 500 business cards for $9.99. If you need regular promotional materials you may need to go through a DIY building site to get different things done. Keep your budget in mind at all times. For example instead of hiring full-time employees you can go to a site like fiverr.com and hire some virtual assistants who can work part-time or as needed. I want you to really think about what it is that you're trying accomplish and what you need to accomplish it. Then do some research and see if there are ways make it happen that are more cost effective so that you can spend less money. For instance some of you need an address that's separate from your home address. Go to the postoffice and get a P.O. box Instead of running out and leasing a building or an office space. When your just starting out you even if you can afford if rent the internet the utilities It doesn’t mean you have to do it.

 

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