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Author Topic: Starting a business without capital.  (Read 2642 times)
bitgolden
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May 04, 2024, 08:09:23 AM
 #141

I suggest starting with not zero, because I know that a lot of people will look for zero, but the reality is that if you have even a small amount, you should be able to actually start a business a lot better.

The difference between zero dollars and even something small like a thousand dollars is HUGE in the online world, for a thousand dollars you could probably get the social media posts handled, get like 200 posts with great mock-ups ready for the images and posts itself, and you could get a template website ready, nothing too fancy but at least something that explains what your business does, a logo, a great business offer on paper to everyone, and you could just go around and could collect a lot more money after that, all within budget. With zero? You can't do any of that.

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May 04, 2024, 09:20:01 AM
 #142

In my opinion, starting a business without capital is not impossible in the current era. The stigma of starting a business with large capital is that people whose average expectations are very high end up feeling afraid or embarrassed to start it.

In fact, every time we start a business, we only need to understand three steps, first understand the knowledge, second be confident in the business we are running, and third run it with full confidence. Especially in the current digital era, many businesses do not require a lot of capital or even no capital at all. One of them is like the example you gave, now even with a smartphone you can make money like being a content creator on social media, of course the key is to only have one desire and don't give up easily.

 
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May 04, 2024, 11:31:20 AM
 #143

Someone who's got the will power to start a business can do whatever he can with or without a capital. If he's got no capital, he'll find a way to have his own capital.

And when he's able to figure out the first problem, he'd be able to turn that money into his capital. So, in short, most of the businessmen are real problem solvers.

But some are just definitely for the profit but I am in the impression that majority of them are into provision of real world solutions.
As I said before, it all comes back to the initial planning, if someone wants to do business then there is no reason for them to start even without capital, because now there are quite a lot of things that are done at the start of starting a business to be able to develop your own business.

However for those who want to do something just to make a profit without wanting to develop or build their own business, of course there are those who do that, but they are very disadvantaged because currently doing business is the most profitable job, especially when there are many light businesses without capital that can be run.
Someone who's eager to start a business, will definitely start it no matter what and anticipates the possible good and bad result.

They're willing to do it with a capital of course. Someone who doesn't have plans to get into business and does have a capital, they're comfortable and don't want to cause themselves any trouble.

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legendbtc
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May 04, 2024, 12:37:11 PM
 #144

Every industry will have its glory days and if we talk about affiliate marketing, its glory days are over, making money from it is no longer as easy as before. That's why we no longer see this business model as popular as other forms of online business.
Affiliate marketing will not require capital or too much capital, but instead we will spend a lot of time on it and there is no guarantee that it will be highly effective.

I agree with you, if someone wants to start making money online, they should learn about airdrops, testnets, retroactive... much better than affiliate marketing, a model that is quite old and no longer has potential.

Affiliate marketing is certainly alive and kicking! While it has changed over the years, there's still good money to be made for those willing to put in the effort.  Building a loyal following and carefully vetting products takes time, but the rewards can be worth it.

Of course affiliate marketing alone may not make you rich quick.  But exploring new options like airdrops could complement an affiliate approach nicely.  Diversifying efforts seems prudent in such a fast-moving industry.  At the end of the day, easy money is often illusory.  But with some grit and smarts affiliate marketing still presents a viable path.  It may look different today than in years past.  But where there are audiences looking for recommendations and products hungry for promotion, ther will always be room for affiliates to prosper.


I'm not saying it's dead or outdated, I'm just saying that its heyday is over and things are becoming saturated so making money from it isn't as easy as it used to be. Of course, those who pursue it from the beginning still earn a decent income from it, but beginners will encounter many difficulties and challenges. I still have some friends who are still working in the affiliate marketing industry, they still earn a pretty good income, but earning a huge income like the old days is just a memory.

As for getting rich, it depends on each person's mindset, not on the industry you are working in, any industry can produce billionaires if you know how to take advantage of it.

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May 04, 2024, 12:38:08 PM
 #145

Yeah it is very obvious that anyone can start their business without any capital and that's also very supportive thing that new era has brought for poor people. Affiliate marketing has made lives of many people and they've started to persue their life in a good manner then before.

You cannot start a business without capital because I don’t know how you will fund such a business to grow. And I haven’t seen anyone who has done that before. There is no way you will enter a business without any capital. Just imagine entering a bitcoin investment without money. How can you be successful in that business that you are about to start? I don't think there’s a way you will be a successful businessman or investor. Without money, you can’t even promote your business in order to grow.

Quote
What you need for success in a business is hardwork and dedication not capital . Many people will support you if you have a good skill set. This is only an excuse because in this modern era raising a capital is not a problem.

What’s the hard work then if you don’t have money to fund the business you want to start? However, in this life, if you are really ready to do business, then you need money to support your business, and capital cannot be raised. You must enter business with capital, not until you start the business before you get the capital.

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May 04, 2024, 01:09:19 PM
 #146

In my opinion, starting a business without capital is not impossible in the current era. The stigma of starting a business with large capital is that people whose average expectations are very high end up feeling afraid or embarrassed to start it.

In fact, every time we start a business, we only need to understand three steps, first understand the knowledge, second be confident in the business we are running, and third run it with full confidence. Especially in the current digital era, many businesses do not require a lot of capital or even no capital at all. One of them is like the example you gave, now even with a smartphone you can make money like being a content creator on social media, of course the key is to only have one desire and don't give up easily.
It is not possible to run a business without making a large capital investment. Affiliate marketing is not a business it is just a way to earn some income by promoting other's business or selling other's products. therefore, it cannot be considered as a business. Business is when you have your own products and sell them. and for this you must invest a lot of money. It is not possible to do business without big capital. i think op don’t know the difference of business and Affiliate marketing

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May 04, 2024, 01:21:29 PM
 #147

Even most businesses you establish with a capital would still take time for you to build a good and strong customer and audience base since it's still relatively new. Time is one of the essential qualities of a good a thriving business, as you'll need time to nurture and expand the business so can actually know about it.

I agree with you, indeed a business that is built using capital takes time to develop to become better. Starting a business from scratch is certainly not easy even if our finances are sufficient. Of course there will be obstacles or unexpected things that can happen, such as risks that we don't think about or obvious problems that can occur with all the businesses we run, there is nothing that can rule out the possibility that problems can occur, even if we run our business as well as possible, we still can. problems or risks are likely to occur.
For business development, of course it obviously takes time, no one starts a business and immediately becomes successful or the business they run runs smoothly, no matter how clever someone is in running a business, of course they will definitely experience problems first, it's just that they are smart in overcoming the problems so that the business is successful. it runs fine.

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May 04, 2024, 02:40:58 PM
 #148

In my opinion, starting a business without capital is not impossible in the current era. The stigma of starting a business with large capital is that people whose average expectations are very high end up feeling afraid or embarrassed to start it.

In fact, every time we start a business, we only need to understand three steps, first understand the knowledge, second be confident in the business we are running, and third run it with full confidence. Especially in the current digital era, many businesses do not require a lot of capital or even no capital at all. One of them is like the example you gave, now even with a smartphone you can make money like being a content creator on social media, of course the key is to only have one desire and don't give up easily.

Becoming a content creator is not easy, of course there will be its own obstacles and I think this does require capital, even if it is calculated as small as with an internet connection, in my opinion that is already included in the capital. there is no way we can do it without an internet connection. It is true that in this era, technological developments make everything easier, but of course, even though everyone can become a content creator, not everyone can be consistent in doing it because some people may fail to do it because they are not able to cope with the obstacles they have to face.

Many streamers currently play games live and earn money from it, but I don't think it's easy. because as far as I know there are some things that are quite difficult to do, but I agree with what you said regarding the three things you mentioned. However, with the second and third, I think you are conveying essentially the same advice, namely "sure", only the sentence is reversed.

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May 04, 2024, 04:58:44 PM
Merited by fillippone (1)
 #149

I suggest starting with not zero, because I know that a lot of people will look for zero, but the reality is that if you have even a small amount, you should be able to actually start a business a lot better.

The difference between zero dollars and even something small like a thousand dollars is HUGE in the online world, for a thousand dollars you could probably get the social media posts handled, get like 200 posts with great mock-ups ready for the images and posts itself, and you could get a template website ready, nothing too fancy but at least something that explains what your business does, a logo, a great business offer on paper to everyone, and you could just go around and could collect a lot more money after that, all within budget. With zero? You can't do any of that.
Your right here! Having a good sum of money in your hand as a capital to start a business is good and it will give you access to things you cannot do when you do not have any money on you. Which you have mentioned earlier. But i think that OP is trying to say that there are people who may have that money but dont know how to start a mange a business and even if they try to implement these things you mentioned they may go about it the wrong way.

That means it is good one have a 0 zero amount at hand and a million dollars amount in the brain. So that when they have such amount or little to start their business they will be successful at the end. It takes a prepared mind to be successful on anything whether with money or not.

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May 04, 2024, 05:20:06 PM
 #150

I suggest starting with not zero, because I know that a lot of people will look for zero, but the reality is that if you have even a small amount, you should be able to actually start a business a lot better.

The difference between zero dollars and even something small like a thousand dollars is HUGE in the online world, for a thousand dollars you could probably get the social media posts handled, get like 200 posts with great mock-ups ready for the images and posts itself, and you could get a template website ready, nothing too fancy but at least something that explains what your business does, a logo, a great business offer on paper to everyone, and you could just go around and could collect a lot more money after that, all within budget. With zero? You can't do any of that.


I agree with this that starting a business requires capital, it doesn't need to be too big, the point is how the capital is used as well as possible, even if it is small at least it can be used either to build a website or buy something that can be used to support the business. Because I myself don't really agree with the idea that says that a business can be started without capital, that is a mistake, because true business starts with capital - because there is not a single company in this world that is successful without using capital, it all starts with capital, no matter how small.

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May 04, 2024, 06:09:26 PM
 #151

It is not possible to run a business without making a large capital investment. Affiliate marketing is not a business it is just a way to earn some income by promoting other's business or selling other's products. therefore, it cannot be considered as a business. Business is when you have your own products and sell them. and for this you must invest a lot of money. It is not possible to do business without big capital. i think op don’t know the difference of business and Affiliate marketing
I read references from several articles that affiliates are included in the business using a commission distribution system to affiliates who have promoted their products on social media or on their personal websites, but I do not agree that they are not really without capital but relatively they only use capital low for product promotion activities.

Affiliate activities are very much in demand for earning online income, for example on the TikTok application (perhaps some countries prohibit the TikTok application) which has released an affiliate feature which is widely used to promote products from online stores, they pay higher commissions than from other affiliate platforms.
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May 04, 2024, 06:27:50 PM
 #152

~~ Snip ~


I agree with this that starting a business requires capital, it doesn't need to be too big, the point is how the capital is used as well as possible, even if it is small at least it can be used either to build a website or buy something that can be used to support the business. Because I myself don't really agree with the idea that says that a business can be started without capital, that is a mistake, because true business starts with capital - because there is not a single company in this world that is successful without using capital, it all starts with capital, no matter how small.
People who say they can build a business from zero look like they are spreading lies, and they never think before they speak, they don't even know what they are saying. In all business cycles, everything starts with the support of those closest to you, connections and of course your own motivation to start it. I also agree with you, where I think the statement that you can build a business from zero is a mistake. Maybe some just don't want to admit the help they get from other people, that's why they say that everything started from zero.

It's true, everyone needs capital to build a business, even in the service sector we have to study first, where we have to pay a certain amount of money and spend some time to master a certain skill. Overall, building a business requires consistency and deep understanding, so that we can profit from the capital we have. Risks will always exist in any business, learning from other people experiences is the best way to minimize them.
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May 04, 2024, 08:55:56 PM
 #153

You cannot start a business without capital because I don’t know how you will fund such a business to grow. And I haven’t seen anyone who has done that before. There is no way you will enter a business without any capital.

You can't actually start a business without capital but you can start a business without your capital and I'm not talking about going to borrow money since when you receive the loan it becomes your money so you're technically still using your money because the loans has to be payed back. Starting a business without capital can come in form of using others money as the capital and thast where networking comes in. There are some set of people that re good at convincing others to invest into their Idea ls and they use this people money as starting capital for their businesses. A bet you have seen people becoming successful without investing a dime or not investing a big capital into their business.

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Just imagine entering a bitcoin investment without money. How can you be successful in that business that you are about to start? I don't think there’s a way you will be a successful businessman or investor. Without money, you can’t even promote your business in order to grow.

You can use others money. There are many people out there with money but they don't know how to use them especially people that just got a large amount of money but they do not have any management abilities to handle the money. I'm talking about those that just won the lottery or a bet (large amount from gambling) and those that received their pension. People too that just inherited a large wealth and do not know how to manage it but have interest investing in Bitcoin. You can help manage their portfolio or teach them how to invest and get a fees that you can use to start your own investment.

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May 04, 2024, 09:03:13 PM
 #154

I suggest starting with not zero, because I know that a lot of people will look for zero, but the reality is that if you have even a small amount, you should be able to actually start a business a lot better.

Because in the end nothing can be done without capital because don't think that capital is only based on money but in the end we also have to be able to take into account other situations such as time and maybe other things such as knowledge is also a capital so that even though we don't spend money but when we spend more time in learning a business it is capital in the end so that nothing can be said to be a business without capital because everything needs careful preparation to do it.

It's just that the stigma that occurs now is not only about doing business but for other things capital is always synonymous with money but in the end it's not wrong, it's just not very appropriate if in the end we only consider only money as capital because in the end there are several factors that can become capital that we don't realise.

 

 
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May 05, 2024, 05:31:48 AM
 #155

I suggest starting with not zero, because I know that a lot of people will look for zero, but the reality is that if you have even a small amount, you should be able to actually start a business a lot better.

Because in the end nothing can be done without capital because don't think that capital is only based on money but in the end we also have to be able to take into account other situations such as time and maybe other things such as knowledge is also a capital so that even though we don't spend money but when we spend more time in learning a business it is capital in the end so that nothing can be said to be a business without capital because everything needs careful preparation to do it.

It's just that the stigma that occurs now is not only about doing business but for other things capital is always synonymous with money but in the end it's not wrong, it's just not very appropriate if in the end we only consider only money as capital because in the end there are several factors that can become capital that we don't realise.

Yes, of course there are many things to consider apart from the main capital being money. Motivation and willingness to work are also other things that must be started so that activities and goals are focused. There are also cases where if someone has enough capital but is not based on knowledge then what they do often falls apart. So I still recommend that someone who wants to start a business must really be able to master many things about business management.

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May 05, 2024, 12:23:06 PM
 #156

In my opinion, starting a business without capital is not impossible in the current era. The stigma of starting a business with large capital is that people whose average expectations are very high end up feeling afraid or embarrassed to start it.

In fact, every time we start a business, we only need to understand three steps, first understand the knowledge, second be confident in the business we are running, and third run it with full confidence. Especially in the current digital era, many businesses do not require a lot of capital or even no capital at all. One of them is like the example you gave, now even with a smartphone you can make money like being a content creator on social media, of course the key is to only have one desire and don't give up easily.

Becoming a content creator is not easy, of course there will be its own obstacles and I think this does require capital, even if it is calculated as small as with an internet connection, in my opinion that is already included in the capital. there is no way we can do it without an internet connection. It is true that in this era, technological developments make everything easier, but of course, even though everyone can become a content creator, not everyone can be consistent in doing it because some people may fail to do it because they are not able to cope with the obstacles they have to face.

Many streamers currently play games live and earn money from it, but I don't think it's easy. because as far as I know there are some things that are quite difficult to do, but I agree with what you said regarding the three things you mentioned. However, with the second and third, I think you are conveying essentially the same advice, namely "sure", only the sentence is reversed.
Creating content is harder than just hitting "Go Live". The internet's the bare minimum, the table stakes. What separates the wannabes from the ones who make a living? Consistency. Most people underestimate the grind. It's ideas, editing, community, tech troubleshooting...a never-ending cycle. The real battleground's in your head. Top streamers, they make it look like fun, but they've turned themselves into a business. Every interaction, a piece of the bigger strategy. You figure that out, find your audience, and stay relentless? That's where potential turns into paychecks. Roadblocks are gonna happen, but it's whether you adapt or give up that determines where you end up

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May 05, 2024, 12:57:12 PM
 #157

It’s difficult but possible to start a business without capital. Identify a profitable business idea that requires minimal investment such as offering freelance services or creating digital products. Use free marketing platforms & social media to promote your business. Look for partnerships or collaborations to access resources & reach a wider audience. Reinvest profits into the business to gradually expand. Provide excellent customer service to build a loyal customer base. Stay determined, resourceful & persistent to succeed.

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May 05, 2024, 05:47:44 PM
 #158

It’s difficult but possible to start a business without capital. Identify a profitable business idea that requires minimal investment such as offering freelance services or creating digital products. Use free marketing platforms & social media to promote your business. Look for partnerships or collaborations to access resources & reach a wider audience. Reinvest profits into the business to gradually expand. Provide excellent customer service to build a loyal customer base. Stay determined, resourceful & persistent to succeed.
True, it is a difficult thing but that doesn't mean we can't do it, it depends on how well we can see the opportunities that exist and then start working on them. There are many things where we can take advantage of the opportunities that exist in this era, especially since this is an era where life is easy.
Working hard is the key, someone who spends a large amount of capital doesn't mean they don't have to work hard, they will still do it. We can see many examples, for example a company that started from 0. They will work hard to make their company known and trusted by many people.
But maybe if we start without capital, we have to be able to work harder than those who have capital, and we are guaranteed to do everything ourselves, unlike companies that can pay employees for example.

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May 06, 2024, 03:39:22 AM
 #159

It’s difficult but possible to start a business without capital. Identify a profitable business idea that requires minimal investment such as offering freelance services or creating digital products. Use free marketing platforms & social media to promote your business. Look for partnerships or collaborations to access resources & reach a wider audience. Reinvest profits into the business to gradually expand. Provide excellent customer service to build a loyal customer base. Stay determined, resourceful & persistent to succeed.
I Saw an acquaintance of mine who was able to establish an independent and profitable business without capital. His journey was such that he used to buy mechanical parts from various shops and deliver them to customers through mobile phone. When the customer received the goods and paid him the value, he kept his profit and gave that money to the shopkeeper. In this way he gradually continued to increase his business scope through promotion and gradually he was able to establish a large parts supplier company. In that case, a man must be strategic and discover profitable areas.

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May 06, 2024, 04:56:25 AM
 #160

In my opinion, it is impossible to run a business without having to spend any capital, affiliate marketing also requires capital to be able to promote an item that we have and I agree with you that this is not easy to do, of course we have to try as hard as possible and also have to be able to compete with them. who have started it first, with the hard work we do and also have to be patient with each process in order to achieve satisfactory results for ourselves.
For affiliate marketing being started without a capital, I can agree with the OP on that. People who are on TikTok and instagram trying to get more audience are not all spending money. Some of the content are things that don’t require money. So some people may choose to use their social account for the affiliate marketing while some may want to spend money paying for ads.
For TikTok, most of the content people make requires no money, it's just some creators out of millions who might spend some money on their videos by buying props and stuff and making videos that might require some investment, but all other creators do is make some music or voiceover and make a video on that and that doesn't require any money. Even the most famous TikToker in the world, Khaby Lame, made his career out of nothing, he made funny videos using other videos as a reference and got so much fame from it.

You are right though that people who have some social media followers and fans can use that to promote their affiliate links and this might work for them. Those who don't have that might have to look into paid ads because you can't get customers or referrals by just posting the link here and there.

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