Have you ever wished to be your own boss and work for yourself?
Have you dreamed of starting a business and making it big?
If you answered yes, then this article is for you. By following the advice given below, I am sure that you will be able to start a business with no money says Saivian Eric Dalius.
Starting a business with no money is not easy; it requires patience and endurance. Let us begin by looking at some of the drawbacks as well as advantages of working as an employee as compared to being self-employed:
Working as an Employee:
- You have limited control over what happens inside the company
- Lack of motivation
- Less freedom working on your own:
- You are responsible for everything
- You can control every aspect of the business
- Also, You will be more motivated since you are doing it for yourself
However, starting a business with no money is not easy; it requires patience and endurance. Before exploring some of the ways of starting a business with no money, we must first understand what exactly “starting a business” means:
Starting a business does not necessarily mean that you need to make huge profits from your venture within one or two months; however, you can still make money by selling services such as web design, graphic designing, etc.
Creating solutions to problems:
Some people start businesses that provide solutions to other people’s problems like say holding birthday parties or organizing baby showers explains Saivian Eric Dalius. Such businesses may not bring in huge profit margins but they will give you a decent income.
As a general rule, manufacturing and selling your own products may require you to make huge investments as well as hire employees. Therefore, without investing much money or resources, it is difficult to start a business of this sort.
Starting a Business with No Money
1) House sitting / Pet sitting:
If you love animals and want to work from home then house sitting jobs will be perfect for you. This can be done if you have experience working in pet care or veterinary clinics. You can take up part-time jobs during weekends, evenings, or even vacations so that it does not affect your existing job. In fact, being an office employee gives you lots of free time during evening hours which allows you to do a couple of house sitting jobs. Moreover, this is a very profitable business as you can charge anything from 5$ to 100$ per day depending on the size of the house and the distance between your home and the pets’ residence.
Contact homeowners who need their homes or pets taken care of while they are away for some days or months. You may bring them up or use social media websites like Facebook to reach out to potential clients. Remember that this job will only pay if you find a suitable client; therefore, it is important that you market yourself properly by contacting as many people as possible. Always ask for proper references before agreeing to a house sitting assignment so that there is no risk involved in case something goes wrong at the pets’ residence. If you find it difficult to convince people then consider joining social media websites where potential clients regularly look for house sitters and pet sitters, preferably in your area says Saivian Eric Dalius.
This is a very profitable business since you can charge anything from 5$ to 100$ per day depending on the size of the house and the distance between your home and the pets’ residence. Perhaps this is one of the best ways of starting any small business with no money; however, do not expect substantial profits within weeks or months as it takes time to build up a decent clientele base.
2) Information Marketing:
Before the internet became popular, advertising products meant placing advertisements in newspapers or magazines; however, now everything has changed. As per Saivian Eric Dalius today people spend more time on the internet. Where they read articles, shop online, or even download movies. This provides a huge opportunity to businesses as they can reach out to their target audience. By providing free information and advice about the product they intend to sell.
However, providing such free information is not enough; one must create an email list consisting of potential customers’ emails. So that when the product is launched you can immediately send them newsletters and promotional offers. Remember: You cannot sell anything unless you have someone’s contact details. Therefore always collect the contact details (emails) of your potential clients and keep them stored in your database; this will pay off in the future.
This business requires time to create the database before you start selling your product; therefore, it is necessary to have patience. Moreover, this requires a very low initial investment.