Gone are the days where you had to have funding, a business loan or capital to invest in starting a business. With the internet now so ingrained in how we live, work and do business it's entirely possible to start a business with no money.
How do I know? Because it's exactly what I did.
Almost four years ago I quit my job in London to 'go freelance', with no savings, a mortgage and the intense fear that I'd be destitute in three months. But despite not knowing exactly how I was going to pay the bills, or knowing much about business (other than what I'd experienced in the start up I'd been working for prior) it didn't stop me.
Quite the opposite.
In fact what I found was the real need to make money drove me to put myself and my business out there. Whilst everyone around me was worrying about my financial stability and waiting for me to go and get another job, I was using the power of local networking and social media to grow my fledging business.
Of course, some businesses do rely on capital to get started - especially if there's a need to rent premises, buy stock and you have high set up costs. But many businesses these days can start with just you and your current skill set.
Here are some business ideas to help you start a business with no money:
Are you considering starting a business but have been worrying about how you'll pay the bills and whether you can do it without saving a lot of money? If so, I hope this article inspires you to consider ways of setting up and growing a business without money. I'm living proof that you can do it and I can assure you that the motivation to pay your bills will get you out there finding customers in no time.
If you're still wary or scared (I was for a long time before I took the leap) then ask yourself this question... Is staying where you are in your current job worse than the prospect of trying to start a business and the possibility of it not working out? If so, it's time to take the leap.
Good luck, all your fellow business owners who've been on the same journey are rooting for you.
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