Reinvent YoUniversity

Start Up Stories is a series focused on the entrepreneurial journey.  We will hear from real people who have taken the leap.  We'll hear about their challenges, but most importantly, we'll hear about how they overcame them.  The hope is that you'll be encouraged to do something you've never done before. Starting a business takes hard work, dedication, time, talent, and resources...just to name a few things. It takes a special kind of person to commit to this life. Here's what Theresa shared about her journey:      What type of business do you own and how long have you been in business?            I’m an Independent Beauty Consultant with Mary Kay and I’ve been in business for 18 months.           What inspired you to start the business?        My husband and I wanted to purchase a home and we needed additional income for a down payment. ...

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 appro...