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Starting Up A Business With No Cash?

Discussion in 'General Business' started by EvanP, Jan 6, 2010.

  1. #1
    Hi

    I know many people say you need money to make money, but do you really believe this is the case? If you have any ideas which i can easily make money without needing money to startup, please post them here!

    I need cash! :p

    Lol.

    Thanks,

    Evan
     
    EvanP, Jan 6, 2010 IP
  2. SeBrantigan

    SeBrantigan Peon

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    #2
    If you don't have money, be prepared to invest a hell of a lot of time. Go ahead and sell other peoples' products, write articles, create videos and try and rank on Google for low competition keywords. I can't simply sit here and explain the whole thing in a paragraph Evan, sorry man. Good luck with what you're doing.
     
    SeBrantigan, Jan 6, 2010 IP
  3. Michael Adul'Ali

    Michael Adul'Ali Peon

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    #3
    EvanP,

    To start a business requires either time or money. You can however, start a business with money from friends, family members, etc.

    I have started several businesses without any of my money.

    You can come up with a killer idea and ask someone to partner up with you whereby they provide the money and you provide the expertise.

    I hope this helps.


    Michael
     
    Michael Adul'Ali, Jan 6, 2010 IP
  4. alamest

    alamest Well-Known Member

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    #4
    Let me make sure that there no business without invest a cash to it.

    I only know one business if you do offline sales job or door to door sales, other than that there is no business without investing cash.

    I hope this might help your understanding...

    Thanks
    Alam
     
    alamest, Jan 6, 2010 IP
  5. tnation

    tnation Peon

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    #5
    I know for a fact you can start a business with no money. I have done it and still do it now. I am real estate, I do rent-2-owns. I actually find a tenant/buyer for the homeowner. I keep the lease/option fee as my payment. So yes you can do it.
     
    tnation, Jan 6, 2010 IP
  6. kyotogaijin999

    kyotogaijin999 Peon

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    #6
    go to getafreelancer dot com, you can sell your skill there :) with good payment, after that you can use that money for your business
     
    kyotogaijin999, Jan 7, 2010 IP
  7. biglegg

    biglegg Peon

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    #7
    All this is very true, the main thing is you must work hard to get started and never give up.
     
    biglegg, Jan 7, 2010 IP
    SeBrantigan likes this.
  8. powerlifer

    powerlifer Active Member

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    #8
    it depends what kind of business your running at the end of the day, if you want to set up a retail store 9/10 your going to need hard cash to buy your stock.

    if your setting up as a web developer or something along those lines then the minimum you'll need is some hosting and a site to showcase your skills.

    generally though most businesses that make decent money have had decent money invested in them, their are exceptions my first business i started off 500-1000£ and it made alot of profit but this was down to the margin and the amount of regular sales.
     
    powerlifer, Jan 7, 2010 IP
  9. dennis.f

    dennis.f Active Member

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    #9
    I don't think are much easy ways to make money without any money. You can still earn by hardwork like article writing, link building services, website creation etc.
     
    dennis.f, Jan 7, 2010 IP
  10. elliots

    elliots Peon

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    #10
    Check out my free report in my sig for ideas. (or PM me, after if you can find anything in there. I got a great idea not in there.)
     
    elliots, Jan 7, 2010 IP
  11. michaelthomas

    michaelthomas Peon

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    #11
    It takes investment, however you look at it. Both time and money are considered to be capital, and the more capital you have, the better your chances of success are.
     
    michaelthomas, Jan 7, 2010 IP
  12. newera

    newera Peon

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    #12
    you can not start a business without money but You can start a business with little amount of money, but you have to choose carefully what business option you have to start. For one, you cannot start a McDonald’s franchise if you have no available funding. The key here is to be realistic and adjust your goals and ambitions according to the present level of your resources. Your mantra should be: start small, but think big
     
    newera, Jan 7, 2010 IP
  13. snotb4ll

    snotb4ll Peon

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    #13
    Time is just as good as money.

    If you have time use it in place of money :)

    Then when you get money use it to free up your time.

    I'd start with affiliate marketing. Once you make a few sales you can invest all of your money into other areas and start the snowball effect.
     
    snotb4ll, Jan 7, 2010 IP
  14. bonnievr

    bonnievr Peon

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    #14
    Definitely affiliate marketing since you are already on the internet. There are many great learning resources online. Don't be tricked into paying for any online classes or "secrets to internet riches". Those things are ridiculous.
     
    bonnievr, Jan 7, 2010 IP
  15. Sensei.Design

    Sensei.Design Prominent Member

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    #15
    I say you don't need money but time and knowledge. I started with zero money to invest but I was able to work as a freelancer and make the money I needed to set up my websites ....
     
    Sensei.Design, Jan 8, 2010 IP
  16. Jontish

    Jontish Well-Known Member

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    #16
    Money is time and vice versa. If you don't have money, you will have to invest time.
     
    Jontish, Jan 8, 2010 IP
  17. SeBrantigan

    SeBrantigan Peon

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    #17
    I would much rather have money to invest than time - even if I had less than an hour to work a day, I could always outsource all of my work (e.g. article creation & submission) and enjoy time freedom. You can get money back but until time travel becomes possible, you can never get back time.
     
    SeBrantigan, Jan 8, 2010 IP
  18. phanio

    phanio Peon

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    #18
    It does take money - that is why we have that saying! If you don't have a lot - you put more time in as stated here. If you have money - you throw money at your problems.

    But, at the very least - you have to have some capital to form your organization, market your business and purchase supplies or inventory or whatever you need to make it through the day.

    Online businesses are great as they are some of the lowest to start up and run. But, you still have to either pay someone to design your site or spend the tinme to do it yourself. Then, you have to pay to host it in some form or another.

    Some who don't have their own money - use other people's money. This is actually a very good financing strategy - use other's money. Find a partner that has money - use assets (personal or business) for a loan - find investors. There are many ways.

    But, the bottom line is that you will need some cash - either yours or someone elses.

    If you want to make money but have no cash - work for someone else.
     
    phanio, Jan 8, 2010 IP
  19. Amrak

    Amrak Peon

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    #19
    Your time IS money. By investing your time in your business, you are investing money.

    Start with affiliate marketing--you can set up some Blogger blogs, promote some affiliate products, do some article marketing to promote them and you have made money without investing a cent--just your time. Rinse and repeat. When you have made some money, invest in hosting (less than $10 a month) and put up some WP sites using free WP templates. Promote affiliate products, add some Adsense, and do some article marketing & link building and make more money. Rinse and repeat.

    It's not rocket science--You just have to do the work!!!! Take action and you will be amazed at how easy it all really is. Don't complicate things--just take action!
     
    Amrak, Jan 9, 2010 IP
  20. sexylink

    sexylink Greenhorn

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    #20
    Is it possible even without a single cents? You may need even little of it if you really want to earn more,
     
    sexylink, Jan 10, 2010 IP