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Author Topic: Starting a business without capital.  (Read 2421 times)
ringgo96
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May 24, 2024, 03:05:18 PM
 #241

I think this post is relevant, because it is impossible to establish any business without capital, any business will stand well, move with capital, whether it is a small or large business, we should hold capital so that the investment lasts before anything else. but I don't know why some people think that you can invest without having enough capital. I don't know where it works, does it work in some civilized countries where they appear then loans from Banks to set up a business so I am confused by this statement because I don't really know what exactly this discussion means because since long time I see business owners and There is No Business in my neighborhood that has nothing to do with money. Smiley

In the past, every time we wanted to open a business, we had to have capital so that we could run the business to meet all the needs we wanted to trade, but now we can run a business without having to spend capital, we only need a cellphone or laptop to do affiliate marketing, there we can sell. without having to spend capital, we just promote it and then we can make money, so everyone has their own way of making money.

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Hanadawa
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May 24, 2024, 03:49:50 PM
 #242

Yeah that is right affiliate marketing is a good way to earn profit that is no capital, the problem there is the trust you need a big community of audiences to make sales and get commissions another thing is there are so many people around that do the same thing they are your rival, so for me still it is not easy to do affiliate marketing it only sounds so easy but in reality its not.
I think there is no business that does not have capital. We cannot define capital as money alone. Capital is the same as the preparations we already have to start a business. I agree with what you said. Affiliate business is not as easy as it seems. To become a successful affiliate you need extensive connections and engagement. To get engagement you have to attract people's attention. You have to become a content creator and create social media that can become an ecosystem where you spread your referral link. It's not as easy as it seems. What you need here is how to get lots of followers on your social media. It requires "capital" in the form of connections that have been obtained from parents or money to start creating content.

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May 24, 2024, 04:33:37 PM
 #243

Capital can be in many forms.  The time that you will spend to learn and grow your business is one of your main capital, even though no monetary capital but you need to invest human capital in your business.  Each individual's time is precious, including you.  The time that you will spend on growing your business is the time that you will spend less on other things such as leisure, family, academics.

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puloweh555
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May 24, 2024, 08:27:05 PM
 #244

I think there is no business that does not have capital. We cannot define capital as money alone. Capital is the same as the preparations we already have to start a business. I agree with what you said. Affiliate business is not as easy as it seems. To become a successful affiliate you need extensive connections and engagement. To get engagement you have to attract people's attention. You have to become a content creator and create social media that can become an ecosystem where you spread your referral link. It's not as easy as it seems. What you need here is how to get lots of followers on your social media. It requires "capital" in the form of connections that have been obtained from parents or money to start creating content.
Indeed, all businesses require capital. It's just that we always think that capital must be in the form of money, even though apart from money, we can also start a business, at least have capital to be able to speak fluently, logically, realistically, easily understood if we really want to become an affiliate so that people are easily interested in the product what we convey.

Capital is also needed, but not as much as other businesses which require a lot of capital. I understand what you mean, any business requires capital to buy this or that, if you talk like that it's not wrong, but we can run a business from the bottom with small capital and there are lots of businesses that can be done in the digital era like now. All it takes is persistence, hard work and consistency. In this era of technology, there are businesses that only need smartphones and the internet to make money.
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May 24, 2024, 09:56:21 PM
 #245

Capital can be in many forms.  The time that you will spend to learn and grow your business is one of your main capital, even though no monetary capital but you need to invest human capital in your business.  Each individual's time is precious, including you.  The time that you will spend on growing your business is the time that you will spend less on other things such as leisure, family, academics.

I totally agree with you capital as we always look at shouldn't be only on monetary perspective most of the business that one don't put in money as capital take more energy time all a man need to even generate, there is saying that what deprived you of other things may be equivalent or even greater than those other things your deprived I think the effort made us another dimension of capital.

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May 24, 2024, 11:36:03 PM
 #246

In the past, every time we wanted to open a business, we had to have capital so that we could run the business to meet all the needs we wanted to trade, but now we can run a business without having to spend capital, we only need a cellphone or laptop to do affiliate marketing, there we can sell. without having to spend capital, we just promote it and then we can make money, so everyone has their own way of making money.
If you want to start a business in the trading sector, of course this requires capital that can be used to buy an item that we will trade, and the business you mentioned, I think, has also done this in the past, but what is different is that I think Nowadays, with advances in technology, we will be able to sell without having to go directly to potential buyers because everyone can see the items we are selling on their cellphones and from that we will get buyers.
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May 25, 2024, 03:42:16 AM
 #247

Capital can be in many forms.  The time that you will spend to learn and grow your business is one of your main capital, even though no monetary capital but you need to invest human capital in your business.  Each individual's time is precious, including you.  The time that you will spend on growing your business is the time that you will spend less on other things such as leisure, family, academics.
I think what he means is capital in the form of money. Even though we have in-depth knowledge in a field, we cannot run it and develop it without capital. However, I think all of that can be done, even without capital. There are many things to do when we don't have capital, but want to run a business. Well, the first suggestion is to get a job, and that's a common thing. Another is looking for capital by selling skills, this can happen at the same time when you run a business without capital, but by selling the skills you have. And the other is looking for investors. Yes, there are many people out there who want to grow their money into more, but they don't have ideas, or are lazy about running a business. So, you just need to look for and come to them, bring a proposal, and pray that your request is accepted.


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May 25, 2024, 09:15:29 AM
 #248

So many people today never believed that it is possible to start a business without capital. Some people today only think about having a thousands or millions worth of business without thinking about how to start. There is one thing about business either capital or non capital base business which is " experience ". I remembered during my secondary school days when my mom was supplying water leaf, vegetable, orange, and lots more to elf presently known as total now. Then my mom was buying four bunch of water leaf 100. When I think about it, I realized the people bringing this water leaf to her was making money. And then water leaf was every where. Water leaf was never hard or scarce to get. One day I called my mom, I told her I want to be supplying her water leaf too and she was very happy. I started it first all alone. My first supply to her was two bags of 25kg which gave me about a thousand five hundred. I was so happy. I took it as a point of duty everyday. Before you know I took it as a business that I even have to bring in two of my friends. Even when my mom stop supplying I was still doing water leaf business. All the water leaf then I never spent a Kobo to start with the business because I have to discover the source were I was getting it for free without anyone interference. My friend and I went to extent of going to our various farm land after school just to get the water leaf to enable us remain in business. So it is very possible to start a business without capital. It most not be that multi million business, at least we can start from someone where. It is very important to have that basic knowledge of business which is managing it before we can aim higher.
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May 25, 2024, 10:13:21 PM
 #249

we will be able to sell without having to go directly to potential buyers because everyone can see the items we are selling on their cellphones and from that we will get buyers.

Like freelancing business? It's possible to sell goods or products that you are not really the rightful owners but you are just advertising with your referral link but if someone buys the product you will get paid for it. That's a business one can start without capital.

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May 26, 2024, 12:26:41 PM
 #250

In the past, every time we wanted to open a business, we had to have capital so that we could run the business to meet all the needs we wanted to trade, but now we can run a business without having to spend capital, we only need a cellphone or laptop to do affiliate marketing, there we can sell. without having to spend capital, we just promote it and then we can make money, so everyone has their own way of making money.
Yes, that's right, because current technological developments are very significant, the average young person today doesn't have a job because they don't know how to take advantage of this very open technology, maybe they think they have to have a lot of capital, even though it's just because of limited social interactions.

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May 26, 2024, 01:01:32 PM
 #251

Most people keep talking about affiliate marketing as though its a piece of cake. The truth remains and that is it comes with its own set of challenges. Patience is required as it takes time for one to excel in it just like every other business. It involves lots of dedication, data and regular power supply (i.e. in areas where constant power supply is a challenge) to ensure your gadget are always charged. To be fair, anyone thinking of venturing into affiliate marketing will have to first of all, find an alternative source of income to compliment it in other for such a person to be able to afford the little expenses that goes along with it. Data, they say is life and in many part of the world, especially developing and under developed nations, getting good and lasting data requires money . Indeed, Nothing is free in free town.   
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May 26, 2024, 04:06:59 PM
 #252

So many people today never believed that it is possible to start a business without capital. Some people today only think about having a thousands or millions worth of business without thinking about how to start. There is one thing about business either capital or non capital base business which is " experience ". I remembered during my secondary school days when my mom was supplying water leaf, vegetable, orange, and lots more to elf presently known as total now. Then my mom was buying four bunch of water leaf 100. When I think about it, I realized the people bringing this water leaf to her was making money. And then water leaf was every where. Water leaf was never hard or scarce to get. One day I called my mom, I told her I want to be supplying her water leaf too and she was very happy. I started it first all alone. My first supply to her was two bags of 25kg which gave me about a thousand five hundred. I was so happy. I took it as a point of duty everyday. Before you know I took it as a business that I even have to bring in two of my friends. Even when my mom stop supplying I was still doing water leaf business. All the water leaf then I never spent a Kobo to start with the business because I have to discover the source were I was getting it for free without anyone interference. My friend and I went to extent of going to our various farm land after school just to get the water leaf to enable us remain in business. So it is very possible to start a business without capital. It most not be that multi million business, at least we can start from someone where. It is very important to have that basic knowledge of business which is managing it before we can aim higher.
This assumption that you need a million-dollar launch to start a business is nonsense. Social pressure is holding back a generation of entrepreneurs. Yes, I understand. We're often shown overnight success stories, people who go from zero to hero in an instant. But let's be honest—those are exceptions. The majority of successful enterprises started small. Amazon sold books from his garage. Google began as a dorm room experiment. They had an idea and a lot of hustle, not millions

However, we've built a culture of celebrating huge wins. We honor the great winners but overlook the underdogs who are working hard and constructing something from nothing. This false narrative that you need to have it all worked out before starting is a problem. It makes people unwilling to start, risk, and fail

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May 26, 2024, 04:35:49 PM
 #253

It is practically difficult to start a business without capital. Even the small businesses that people think can be started with nothing require some forms of financial commitment. Take for instance, to start an affiliate marketing, a good phone or laptop is needed, internet subscription is needed and cost electricity is another important factor. Without these, it becomes impossible to venture into such businesses. I don't know if there are countries where some or all these are made available to the citizens free of church but in my country, you have to provide and pay for everything yourself without any help from anybody, not even the government.

In the past, every time we wanted to open a business, we had to have capital so that we could run the business to meet all the needs we wanted to trade, but now we can run a business without having to spend capital, we only need a cellphone or laptop to do affiliate marketing, there we can sell. without having to spend capital, we just promote it and then we can make money, so everyone has their own way of making money.
Yes, that's right, because current technological developments are very significant, the average young person today doesn't have a job because they don't know how to take advantage of this very open technology, maybe they think they have to have a lot of capital, even though it's just because of limited social interactions.
Actually technology have created new ways of making money but unfortunately, many people are yet to see the opportunities. Although there is growing awareness now as many people are now coming to understand that conventional jobs are not the way to go because they just keep you within a limit. To achieve anything significant, the individual have to go extra miles in exploring other areas and Agriculture and the digital space are two booming areas people are printing money from, leveraging on technology.

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May 26, 2024, 08:11:31 PM
 #254

Like freelancing business? It's possible to sell goods or products that you are not really the rightful owners but you are just advertising with your referral link but if someone buys the product you will get paid for it. That's a business one can start without capital.
Yes, that's the kind of business that doesn't need any capital. You sell the product of others and this can be done through dropshipping too.

Also, about advertising. If you don't like to get into sales then learn how to advertise products on different platforms. There are jobs that are requiring someone's expertise through it.

So, if you're a skilled guy in marketing and ads campaigns even if it's a kind of job. You can treat it as a business without capital too. You sell your service as a business.

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May 28, 2024, 11:11:37 PM
 #255

we will be able to sell without having to go directly to potential buyers because everyone can see the items we are selling on their cellphones and from that we will get buyers.

Like freelancing business? It's possible to sell goods or products that you are not really the rightful owners but you are just advertising with your referral link but if someone buys the product you will get paid for it. That's a business one can start without capital.
I agree with your way of thinking and indeed it can be done for business without capital. Just suggest to our colleagues be able to buy from us being with other people's products, and we will get a % according to what we promote can be sold, so there is no need for capital to buy the product at the beginning but only by going live, later when we have collected enough funds then we can do the work ourselves without promoting other people, agree this is a business without capital.

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May 30, 2024, 04:27:00 PM
 #256

Convincing other people about the products we market is not an easy thing to do and the products we offer must of course be of good quality so that we can offer them to other people. Building a business certainly requires capital and this really depends on the business we are going to build.
That's why there are strategies in marketing and someone has to learn that depending on the experience that he's got.

Aside from the quality, you really have to build network and connection to your future and potential customers and prospects.

No matter what people say, money is always needed in business. Some businesses close just because they do not have enough money to operate anymore even if the concept of the business is good. A good business idea does not always mean it will be profitable immediately.

This is why you should partner up with other people who would be invest in your business. Yes you would be splitting up the profit but at least you’ have enough funding.
Yes it is true in all cases that the more investment in a business the more profit it will make. However it will not end without increasing investment in all established businesses, maybe the scope of the business will not increase. But since the business is dependent on the demand, the demand will also increase as the scope of the business increases. And if it is not possible to supply with the increased demand it will gradually decline. Again even if it is possible to establish a business without capital it will be like 'eating day in and day out'.

No depend on situation since you can sell your idea to some potential clients. That's why there's what we called crowd funding and some businessman want to venture on that since they don't have some funds to use to operate their ideas then convert it as a running business.

There's lot of knowledge can be learn on this video or article https://www.shopify.com/ph/blog/start-business-without-money so hopefully those people have unique ideas can learn from this and try to work out all their potential plans.

Sometimes its not all about the money but your idea that can solve certain problems in the world since that can be convert into good sales.
Crowdfunding is a very important issue in present times and it is playing a huge role in development from an individual level to state development. The proof of this is found during the installation of America's Statue of Liberty in 1985. Currently the popularity of crowdfunding is increasing in our country but it has not yet gained widespread due to lack of awareness. But it is expected that very soon the business through crowdfunding will become very popular both at the individual level and at the state level. In conclusion the video is very informative and important.

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May 30, 2024, 10:21:44 PM
 #257

In my own opinion, I think there is no business that one can start without using a capital, either you wait for it grow which takes a very long time to start and be on your own or you use capital and start a business you afford with your capital even if it's an online work or an offline, you must start with money even if it's the least money. So no easy way to start a business without money, because nothing is longer free, everything has a cost now.

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June 01, 2024, 02:08:25 PM
 #258

Quote from: nngella
Capital can be in many forms.  The time that you will spend to learn and grow your business is one of your main capital, even though no monetary capital but you need to invest human capital in your business.  Each individual's time is precious, including you.  The time that you will spend on growing your business is the time that you will spend less on other things such as leisure, family, academics.
Yes, I agree with you that we have form of capital but, the easiest capital to use to make your future brighter is the capital you have at hand to invest in a decentralized business and hodl for a long period of years, and it will make you to understand the reason why some people will get the capital before learning the business.

If you invest human capital, it will take you a long journey  to achieve your goal because there are some companies that use to sack their employees every year to bring in new employees, and it will going to affect such person in the organization to achieve his or her capital easily to start a business.

That is why some people don't joke with their time, because they know that time is money and they prefer to waste the time on something that will bring increase to their business.

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June 01, 2024, 02:36:54 PM
 #259

In my own opinion, I think there is no business that one can start without using a capital, either you wait for it grow which takes a very long time to start and be on your own or you use capital and start a business you afford with your capital even if it's an online work or an offline, you must start with money even if it's the least money. So no easy way to start a business without money, because nothing is longer free, everything has a cost now.
Even with the affiliate marketing OP is talking about, we cannot include that as ones business, it is simply as working under someone or company and the worst could be only when you make sales then alone can the person earn a little profit. For a person doing affiliate marketing alone is a waste of time, it could be something extra attached to once skill of income, business or job not as a primary source of earning. The nature of earning good profits or having finance is by spending money to get back more in return.

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June 01, 2024, 11:56:15 PM
 #260

Quote from: nngella
Capital can be in many forms.  The time that you will spend to learn and grow your business is one of your main capital, even though no monetary capital but you need to invest human capital in your business.  Each individual's time is precious, including you.  The time that you will spend on growing your business is the time that you will spend less on other things such as leisure, family, academics.
Yes, I agree with you that we have form of capital but, the easiest capital to use to make your future brighter is the capital you have at hand to invest in a decentralized business and hodl for a long period of years, and it will make you to understand the reason why some people will get the capital before learning the business.
~snip~
That is why Satoshi invented Bitcoin, based on decentralized ecosystem services in which everyone has power in their hands. This means that Bitcion has been successful because Bitcoin has given people the freedom to buy when they want and sell when they want. Besides the store of value, they can also organize their profit. The main aim of everyone is to have such investment assets that work under an unmutable, transparent ecosystem in which no one interferes, which can be accessed from every corner of the world with low fees and fast transactions. All these points were figured out by the one and only Satoshi, and Bitcoin was invented to serve humanity. 
 
So it means that your opinion has the absolute right that invest his capital in decentralized assets like Bitcoin for future.

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