We keep hearing money isn’t everything, but the irony remains that we need money in order to make more money. That notwithstanding, not having money shouldn’t stop you from setting up a business. Here are five businesses you can start with no money at all;
Become a Personal Trainer
Fitness has become one of the booming sectors in recent years. More and more people are making an effort to get in shape and get healthier. If this is something you are good at, then it is time to cash in on it. Offer personal training services to individuals or organize group sessions.
Fitness is very important and there are people out there who are willing to pay good money for it. Remember, you can’t offer what you don’t have so you must first be fit, or at least look the part.
Become a Tutor
Everybody’s good at something, yet others are remarkably great at certain things and certain subjects. If you happen to be one of the lucky ones, you might want to consider tutoring for money. Be it to students or anyone who wants to get better at something. Tutoring can also stretch beyond meeting and interacting with people in person. You could create an online course on the subject of interest and sell.
Sell handmade crafts
If you are good with whipping things out of nothing, then this is something worth considering. Crafts are things that never go out of style. They always come in handy when struggling to decide on a gift for someone – making it a great avenue for income. They could be things like crochet pieces, gift baskets, embroidery, paintings, sculpture, beads, wood carvings, and a host of other things.
Consulting
This is a way to provide expert opinions, analysis and recommendations to organizations and individuals based on your expertise. Depending on what subject you are an expert on, you could find your niche and establish yourself there. This could range from skincare, IT consulting, diet and nutrition, management consulting and many more.
Sell on a preorder basis
One trick to selling without a startup capital is to sell on a pre order basis. Make your idea or image of the item presentable. Price it according to the original price the goods cost plus the profit margin you wish to make. In that case, people pay before you get the items and have it delivered to them.
Trust is hard to come by these days, so to succeed in this area, you must stay true to your word and deliver promptly.
Before you start to consider businesses you can start with no money, it is worth noting that there is a lot on the line. You must be willing to prove yourself capable, trustworthy and very efficient. It is the only way to distinguish yourself from those who have the money to make their business look attractive.
