Unlike wealthy entrepreneurs who have capital and can afford to buy ready-made companies, many start their own business without starting capital. The main thing that entrepreneurs invest is their abilities. The main condition must be met: the client must pay the money, not the entrepreneur.
To convince you, I’ll give two examples: my friends decided
open a business and for this they took a big loan from the bank, rented a room, bought equipment and started producing goods. It turned out
that there were already quite a lot of
such goods in the city, there was no sales. There was nothing to pay the workers wages, creditors and representatives of the bank, tax officials settled. The business of friends went bad, they crashed. Other entrepreneurs acted differently: they began to produce products on their own, buying only the most necessary equipment. Such a business without large investments was successful, as they had few competitors. So gradually businessmen bought equipment, expanded the staff of workers. Their business brought more and more income, and after a while they "went into plus."
There is another type of entrepreneurial activity “business without starting
capital. " For example, an entrepreneur acquires useful products and then promotes them to customers. These should be alternative products that are not inferior in quality to the previous ones, but with a higher price. And buyers willingly purchase new products and in the future give it their preference. And the entrepreneur as a result turns out to be a simple business from scratch without investing money. In the "start up" it is better to prefer simplicity and not rush to expensive projects.
In our country, many people would like to start a business from scratch without investments. The Internet is full of offers for buying, selling, partnerships and all sorts of other offers. And so that you do not fall into the network of numerous scammers, we will consider options for how to start a business without initial capital.
Everyone can ask themselves what services they can provide. The most common educational services. You can do tutoring, looking after children, preparing homework. If you studied at a music school, start learning to play the instrument. If you have a rank in chess, teach a game of chess. Translation of texts to order is also a profitable business. Customers can be found on the freelancers exchange. Constantly there are orders for writing articles, scripts. Tasks can be taken at the stock exchange of texts. Perhaps this is the first step to your advertising agency. An art school or a special department of an educational institution will allow you to engage in design. It is advisable to add knowledge of computer design. Having collected the customer base, you can open your own studio.
You can start your own business without initial capital, for example, on the Internet. To do this, you will need a site on which you will advertise partners and receive your fees for this. You can also have your own blog where you will promote products or companies. The Internet makes it possible to earn money for everyone.