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Showing posts from August, 2016

How to Start a Business When You Have No Money

I was recently asked by someone, “How do I start a business when I have no money?”  I didn’t answer right away.   Instead, I asked some probing questions to determining the person’s readiness to start a business.   After hearing her answers,    I promised   that I would get back to her with some resources. After thinking about this question, I’ve come up with the answer. The answer is: You Can’t!!!  It’s Impossible!!! You’re gonna have to pay for something. Here’s the deal.  No matter what type of business you decide to start, there will have some costs associated with it. There’s always gonna be costs for: Marketing Equipment and Supplies Business licensing Establishing your business name Systems Professional Development Insurance Legal Counsel and Paperwork Those are just a few line items.  I think the question “How do I start a business when I have no money?” really opens the door to more appropriate questions. Such as: “What are the