How to start a business without money
Many may not agree that you can start your own business without the means to do so. In fact, this is quite real. We can say that the average person differs from the entrepreneur in that he does not have a clear desire for change and a desire to achieve his goal. He does not know how to take risks, change absolutely everything and begin to engage in what was previously completely unknown to him, not thinking about whether he currently has enough funds and whether there are any at all.
Most importantly, there is an idea that you want to implement. This is how one can start a business without money.
What is a business without money?
Having decided to open your own business, you will need to prepare for the fact that many things will now become inaccessible. For example, you do not have money to rent an office or to hire employees. In addition, an advertising company may also be left without financing, which means it simply will not work.
However, the solution can always be found. Instead of office space, your own apartment is suitable for a start, and instead of employees, you can work yourself. Advertising can be free (at first), for example, a social network.
You always need to look for positive points. Starting your own business without investing means learning how to turn your own cons into pluses. In addition, you can initially determine a number of positive points:
– minimum financial risks. You can only lose your own time and energy;
– A small business is least of all of interest to the checking authorities. Accordingly, frequent checks will not have to wait (in most cases);
– micro-business can be closed at any time, of course, if it does not bring the expected profits, and not a gram is lost.
Of course, if we talk about the financial business or the sphere of trade, then it is hardly possible to completely exclude investments. But this cannot be said about the service sector, where you can earn enough by spending only your own knowledge and time.
For example, repair of household appliances. Surely, any man has at home all the tools necessary for this matter. It remains only to find customers (you can start with relatives, friends, neighbors, etc.) and earn credibility. This is exactly how people once started who today earn enough and already have quite large enterprises.
Do not forget that it is important to know what people need. In other words, demand needs to be studied. To do this, you can order a marketing research of a product or service. However, to save money, you can read the finished work on the Internet or do it yourself.
Accordingly, you will know not only what the population needs, but how much it can cost. Based on the data received, you can set your own price (for a start it is better to indicate the minimum).
Where to get customers and how to get started
Finding the first customers can be quite difficult, but you should not be ready for easy money. In addition to the potential risks, it will also require the lion’s share of patience. Initially, only a few people can use your services. The main thing is not to stop and wait for the word of mouth to work. Such self-promotion works best.
There are several more ways to advertise yourself and your business so that you can start without investments:
First, you can get by with a free newspaper or publications that have a fairly small circulation. The main thing is that at least a few people know about you, and according to statistics, the maximum number of people reads free publications.
This method is inexpensive and absolutely affordable, like free newspapers. It is worth paying attention to the positive aspects of this type of advertising. Millions of users appear on the network every day, so you can hope that at least 100 people a day will see your ad. In addition, by placing information in a specific section of your region, you will have a chance that there will be 10, or even 100 times more views.
3. Ads and flyers
In addition to newspapers and the Internet, you can do posting of announcements, for example, in the area of residence. Another option is to put the flyers in mailboxes and stick ads in the entrances located nearby. This method, by the way, is considered one of the most reliable and effective. If you have a printer, then you can print them yourself and not spend money even on printing.
4. Relatives, acquaintances and friends
Self-promotion, first of all, begins with a story about yourself and your business to all relatives, friends and acquaintances. By the way, this can also be done on a social network, because on the pages everyone has many friends and friends of their friends who, of course, will also see your micro-posts, announcements, stories, etc.
It’s worth considering that today you can provide any service to your brother, classmate or friend, and tomorrow their friends and work colleagues will “catch up”.