There are many Floridians with great entrepreneurial ideas, but don’t know how to act on them because they’re strapped for cash. Did you know, however, that it’s possible to start a business without money? It’s true, and SRQ Business Alliance wants to show you how to do it.
Start a Business with No Money
We recommend these fun and low-cost business ideas that aren’t hard to start for somebody with plenty of time and energy.
Become a Third-Party Supplier with Dropshipping
You no longer have to hold large inventories of products to be a distributor of things like books, apparel, beauty products, and more. Maybe you want to market t-shirts on Shopify. We’ve seen many people doing this as either a side hustle, part of a larger business enterprise, or even as their primary income revenue.
Make Digital Items
Can you write a book? How about running a daily podcast or blog? There are lots of folks who do these things profitably. Even computer programming and web development fall within this category, and many of those professionals operate independently as freelancers.
Start a Service Business
Are you a personal trainer at somebody else’s gym? Ever think about taking your services on the road as a traveling trainer? There are plenty of opportunities nowadays, especially as people shy away from traditional gyms and stores. This business strategy also works well for subject matter experts who serve as consultants. You can even lend your services as a resume writer or math tutor.
Try Affiliate Marketing
All you need to do with affiliate marketing is drive advertising traffic and earn a lucrative commission for your efforts. This costs almost nothing to start and it amounts to nothing more than sharing links on your blog or maybe a Facebook fan page. Some savvy marketers can gather commissions of up to 50% of the total sale.
Limitless Opportunities to Run a Business With No Money
There are several other ways to do this AND work remotely, but you get the idea. Ultimately, it boils down to matching the low-cost business approach with your particular talents. We recommend keeping some general principles in mind as you jump into a new endeavor:
- Do your homework and know your market as much as possible.
- Seek the helping hand of a mentor or somebody who’s already done it.
- Be ready to manage all the logistics, including all legal and accounting aspects.
- Hustle as much as possible, especially in the first couple of years.
SRQ Business Alliance serves budding business professionals with various networking opportunities. We love helping folks connect and grow their businesses. If you’d like to learn more, check out our networking events, and feel free to contact us any time at 800-807-4