How can a person start a business with zero capital?
* this post may include affiliate links, please read Disclaimer for more info.
Starting up business demands a lot of recourses and it can cost you allot.
But you can start a business with 0 dollars.
Yes, 0 dollars! It totally depends on you how much you will need and how you are going to get it.
First, you have to understand what type of business is cheap to start.
Usually, services businesses are cheaper to start but it also depends on the resources you have.
As an example, if you have a camera you can learn to be a photographer, but if you don’t have a camera it can cost you a lot to enter the market. It’s only the example but you have to understand this concept of using recourses you have.
This philosophy is what you have to look around at what you can use to build your business as cheap as possible.
Goods businesses are usually are more experience to enter but there also ways like dropshipping that can help you to enter the market without spending tons of money. But usually goods businesses require bigger investments.
Also, a very important thing to understand is that business requires a lot of work and you have to love what you do if you want to succeed. If you start a business just because it’s cheap it will be very hard. You have to love what you doing.
If someone wants to start a business I usually recommend them to start a blog and turn it into a business.
Blogging can be amazing business because you can build an audience that follows your blog and create products for your audience. Top bloggers earn hundreds of thousands of dollars a month.
The best part is that blogging is cheap to start and you can turn it into giant business if you are willing to work hard. I wrote a detailed article on my blog about How to Start Successful Blog where you can learn how to start blog business.
To sum up :
you don’t need much money to start a business
use the recourses that you already have to start a business.
services business usually are cheaper to start than goods businesses.
start only the business you love because you will need to work hard
to build the audience by starting a blog and then turn it into a successful business
There are tons of other ways where you don’t need tons of money to start like loans; searching for investors and etc.
Money is only one factor in business and how much you need and how you are going to attract that money totally depends on you.