Is it possible starting your online business without money?
Starting your online business without money is a dream for many. Many people with an entrepreneurial mindset and with fantastic business ideas put their projects on hold. It’s due to a lack of capital and a conviction that starting your online business without money is an impossible mission.
Let’s be clear from the beginning. Starting an online business, you can never do it completely for free. However, the beauty is that today an online business start-up requires less capital than old traditional offline business adventures. But the basics for success without funds remain the same. As long as you invest your money wisely, you’re on the right track.
The truth is that everyone doing a serial intent to start an online business can do it without the lack of capital as a barrier stopping your project. For a couple of hundreds of dollars, your business can be up and running in a few days. And to be honest, a person viewing such an investment as a hurdle should refrain from even trying.
You need a serious idea linked together with a plan of execution from the very beginning. If your great idea with a plan is well thought out from the beginning, the money issue won’t stop the project. Yes, there will be long working days without sleep. Indeed you will be frustrated several times. And yes, and you will fail over and over again. But if your passion is strong enough, nothing can stop you.
The following advice can be helpful to avoid pretty common mistakes.
Don’t make money issues to an obstacle
In the old offline business world, you needed an essential amount of money to get started, register the business entity, install an office or shop, warehouse, inventory, personal, and a lot of other nitty-gritty stuff to get started. In today’s online world, the conditions are completely different. With your computer, Internet connection, and a small amount of money (less than $100), you can be up and running the same day.
When starting your online business without money or minimal funds, you need to be resourceful from the very beginning. Immediately when starting surfing around full of enthusiasm to be an online business entrepreneur, you will be bombarded with offers.
Online entrepreneurs will do their best to try to sell their products or services. It’s easy to fall into the trap and start spending money in the search for the ultimate “get-rich-quick” software or program. Stick to your plan and do not deviate from it. But avoid letting money be an obstacle for you.
Pic a topic
To start a business online without money is very much about choosing the right topic or idea your business will be built on. It doesn’t have to be something revolutionary. One of the best strategies I’ve heard about to pick the right topic is to write down 5 passions, 5 fears, and 5 problems. Write what you are passionate about, your fears, and the problems.
From there, your narrow it down, and from 15 ideas, for sure, you will find something you can hang up your business idea around. Maybe you’ll find a good idea out of your 15 topics, or perhaps you mix a passion with fear and a problem, and you’ll find something.
When you find something that sounds good to you, fine-tune, make changes, put a name on it, build a plan around it, move forward, and launch it.
Buy your domain
To go online, you need to have to host a domain. For a couple of dollars per year, you can get your domain registered and hosted. Think of the domain name. It has to be easy to write and remember. Further, it has to be easy for your audience to remember and recognize. And it has to be congruent with the future development of your business.
Do not complicate the domain too much. After all, it’s all about going alive as soon a possible, as your website or blog will be your store or shop to the world and your potential customers.
Install Word Press
With your domain hosted, you’ll need to create your website or blog. There are various software suppliers to choose from, but in my opinion, Word Press is the best one, and you can even get themes for free. With a tutorial from Word Press, you can build your site by yourself. If you have money to invest, you can outsource the whole construction job to Fiverr, Freelancer, or similar providers.
The advantage of affiliate marketing
Starting your online business without money or almost without any funds is a real possibility in today’s online environment. It has allowed plenty of people to make their dreams come true.
However, with a domain and a website, you need a product or service to sell. You’ll also need knowledge about managing the marketing properly throughout the vast list of potential customers you’ll get in touch with to offer your product. The shortcut to all this is called affiliate marketing.
As an affiliate, you can promote a product that already exists, and you’ll earn a commission for your sales.
You will need training, the platform to build your website, the platform to build your list of potential customers, the product, and even people selling the product for you.
The best way to get started is to become an affiliate marketer. You can concentrate all your efforts on your business and don’t need to struggle around with any technical stuff.
Nothing is for free in any business adventure. However, affiliate marketing gives you the opportunity to get access to a system and a platform that had an investment cost to create it that you probably wouldn’t be able to afford. With an initial investment possible for any person, we are talking about less than a hundred dollars.
Prepare for Starting Your Online Business Without Money, and Pay a Minimum
Now, when finding out that it doesn’t have to cost a fortune to start your online business, let’s take the final shortcut. Starting a business online is a multitask adventure, where many things have to be correctly put in place to start generating income streams.
However, all the necessary cornerstones, training, coaching, system, platform, and an active, like-minded community, you can now find under one roof. Why complicating life when not necessary? Why investing your limited funds in a lot of stuff when not required.
….. and get immediate access to a unique All-In Package, where you find absolutely everything your will need.
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Jan O. Nilsson – Starting Your Online Business Without Money <==Go to the top of page