How to start a business with no money?

Question

i have no money

Answer 1

Open the newspapers, and you will find several enticing advertisements that say "start internet business with NO money or few dollars".

Yes, it is true - to some extent; but you would have probably invested quite a bit of time and $$ already. Time spent on setting up simple blog, free website, etc. And certainly some $ you spent (perhaps your parents' hard-earned $$) to learn about Microsoft Word, Powerpoint and other basic skills required for today's living.

One thing you can do is to attend 'Free Seminar'; and then go back to discuss about signing up to attend the actual seminars (that may set you back few hundreds to few thousands - especially when they ask you to sign up for 3 days course, or a 6 months course and to purhase some must have softwares, etc).

Be very passionate about what you want to do. Otherwise, most likely you will spend hard-earned $$ after listening to the super-gurus on how easy it is to make $$ on the internet with little or no money needed.

There is no such thing as free lunch (unless it is a charity act - but it usually does not last a life-time); neither is there such thing as cheap and good (if it is good, it should not be cheap - unless it is charity, which again does not last a life-time).

I am saying this as an invested person; but still working on it due to other commitments.

Try some commission activities - i.e. selling something and get a commission, or work with trust-worthy people - buy and sell after you have a buyer.

Be glad to recommend one.

Answer 2

Well being a commission agent is also business and that is the only option for you since you say you have no money to invest. Its like promoting somebody else's product and sell on their behalf and after the sale you will receive your 'cut' or commission from the sale price. Eg - Car Dealers , property dealers etc or if you know somebody who needs a marketing guy for his product and is ready to give you commisions on sales. Try your luck its not all that easy but when and where luck strikes nobody knows. Best of Luck!

Answer 3

Commonly, there are a few of categories in business – Retail and Service. If you have no $$$ at hand, try considering service as it does not require you for a large amount of capital in comparison with retailing.

But however, you must keep in mind that you need a skill whereby others commonly doesn’t have and requires consider pricing as there are other competitors and also dun starve yourself out of it.

And also forget about having a shop initially. You need time to raise fund before eventually have one.

Cheers!!!

Answer 4

I still have strong faith in online business where upfront cash investment is not that much compared to "brick & mortar" companies, and less risky as well. Do think about it....

Answer 5

You can borrow it from your parents, good friends or the bank. It depends on how much you need i guess.