can you start a business without any capital?
By tigerdragon
@tigerdragon (4297)
Philippines
January 8, 2007 3:59am CST
if you do , what are those? all businesses needs capital one way or another and usually it's stiff and steap. so, can your creative mind come up with a business idea that can jumpstart a biz without or a very very minimal capital to put up?
i for one, have done it by asking publishers to consign their goods to me at wholesale price without qouta and resale it at a percentage to different stores to retail it for me
3 responses
@tomsims (9)
• United States
6 Feb 07
The best way to get into a business with minimal capital is in network marketing. Robert Kiyosaki calls it the franchise for the average person . However, you will need to invest time, energy, and some money to make it work. The start-up costs may be minimal, but you will need promotional tools and you will need to invest in your education . However, you will find all of these things require less investment than in other areas. You will have a mentoring system that costs you nothing because your mentors will have a personal investment in your success. Credible programs are structured so that they do not make money unless you do.
Fin a company that has a good track record, an excellent product, and an honest reputation. Then look for some sponsors who have those qualities as well.
Do your homework and spend your money and time wisely. Make sure that you can become passionate about the prodct and program and go for it.
All the best to you.
1 person likes this
@tigerdragon (4297)
• Philippines
6 Feb 07
i am a kyosaki fan and i was involved with a lot of mlm's way back but decided to stop doing it for the reason that i have spent a lot of time and money doing it and minimal returns.i have stayed with one company called NIKKEN, i believe in the product that we have forgotten to recruit because we are all busy peomoting the product to the market .mlm still needs a capital eventhough minimal.thanks for the rely.
@nancygibson (3736)
• France
8 Jan 07
I have had several bisinesses over the years and all have started with no capital. Most ofmine have been based on me making things to sell, or writing articles to publish, or in one case I sold some 'junk' on ebay and used the proceeds to buy my first load of outside stock. If you start small, work carefully and reinvest allthe profits to start with you can very easily build a business with no money
1 person likes this
@tigerdragon (4297)
• Philippines
6 Feb 07
thanks.sorry for the late reply. i will keep that suggestion in my mind
