I want to start a business but I don’t have money. What do I do?
5 WAYS TO START AND OR OWN A BUSINESS WITH NO MONEY
- You can sell a product (manufacturers rep) that you develop into a business.
- You can become an invaluable employee to an existing small business and ask to be a partner. This takes 3–5 years but it absolutely works. At the very least you start saving money you have earned and learn an industry and build a network allowing you to start you own business.
- Start a service business where you personally go find your first batch of clients and make them so happy they tell all their friends and family.
- Bring in a partner who brings capital the deal and you bring the idea and sweat equity.
- Become a captured agent (basically, you agree to do work (service) of one large company or successful company at no charge working off the loan they give you to start the business. It is a win for them because they are going to get your services at a discount.
