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Topic: Starting a business without capital. - page 3. (Read 2271 times)

member
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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.
hero member
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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.
full member
Activity: 241
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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.
member
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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.
sr. member
Activity: 490
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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.
member
Activity: 308
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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.
sr. member
Activity: 448
Merit: 339
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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.
sr. member
Activity: 1540
Merit: 276
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.
member
Activity: 180
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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
jr. member
Activity: 5
Merit: 0
Affiliate marketing is a job that takes time to make yourself strong at. Very few keep themselves focused and move forward, whereas the majority leave the market in between and look for better earning opportunities. These days, affiliate marketing is dominated by social media influencers. In this fast-moving world, we've got lots and lots of opportunities, we need to be prepared. This way, it is good to find out one's own interest and move on from it.

Being passionate about the work you do will surely bring you money in the long run. If you have the right vision, some platforms can help with funding and turn your plan into a real-time product. This is how businesses are progressing, and we need to be good enough with better understanding and knowledge.
Not only that, affiliate marketing is something which one needs a mentor to excel in it. Anyone trying to learn on his own might no get the right approach to be good at it. There must be someone willing to devote the time to guide you on how to go about sales and advertising in the ling run. And we all know that the number of audience the more sales one can have. What annoys me the most it is not an actual skill because what I see most affiliate marketers doing is selling affiliate courses to people who may or may not use the course for anything. There is no skill in doing that rather it's just a means to deceive people into buying their courses.
legendary
Activity: 2758
Merit: 1228
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.
member
Activity: 126
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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'.
hero member
Activity: 2044
Merit: 565
...
How do we know how to run a business without having knowledge in it, how can we be the boss but we know the business we run like and how to run it if we only know based on the theory in the book we have read.



Like I said, when you have money, there will be a lot of people willing to do those jobs for you as long as you can pay them the salary they want. And during the time you let them help you run your business, you have enough time to learn all you need. Let's look at reality and like I said, why do many highly educated people work and become employees? Simply because they don't have money, while you are probably no stranger to the story of many people who do not have expertise in a business field but they are still the owners of that business. Let's take Elon's example, is he running Twitter, does he have experience in social media? No, he just bought it because he loves it but he is the boss and there are a lot of talented people working for him. In business, money is still the most powerful factor.

I think it has a greater level of risk, we don't understand it yet and we tell other people to run it, it's a very big risk, such as fraud or corruption or other things that are deliberately utilized by the people we hire to run our business, not to mention the risk of failure, Even though we hire professionals, it doesn't necessarily go according to the expectations we want, because after all business is business, we can't let other people take care of it without us understanding it, it would be very lucky if the people we hire are very honest and can be trusted, but what if it's the other way around, a very big loss might be swallowed if the system is like that.

I think the most powerful capital is a mindset not money, because with a mindset even if we go bankrupt it will easily get up again and again build a business even though it loses money several times.
sr. member
Activity: 2618
Merit: 439
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.
hero member
Activity: 3024
Merit: 680
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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.

However, if we are able to start with a little capital, I don't think there's anything wrong with it, because if we can run it well, of course the business we run will develop well.
Someone can start with having nothing to little or big, depending on your capacity as a businessman.
hero member
Activity: 2660
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I disagree with that we don't need money totally to Start up a business. I want to tell you that there is no business without money and time invested on it, for example before you start affiliate market, you need the  internet skill and will pay to learn properly. after which you'll buy a new device either laptop or mobile phone including the data you spent online each day to work. So you can see that there is no business you will not at least spend a thangible amount of money. I think the title of this your thread should be "starting up a business with the least capital" I
honestly agree with this take,
starting out business without capital is just unrealistic, even starting out affiliate marketing we required to pay electricity and the tools that support the entire work flow.
there's just no free lunch these days, if the term least capital is used it does make a lot more sense as you said earlier.
everything requires money to start up, even how small it is, a starting capital will always be considered to start up a business.
maybe the only thing that won't take capital to start is offering service such as being plumber and so on, you can learn it by self taught.
then you can offer the hard work of yours and the time spent in exchange of money such as plumbing, but even this job needs the right tool to start.
sr. member
Activity: 1344
Merit: 311
The hardest thing in the world is to convince someone to sell your product to them. so affiliate marketing is not an easy task. you will only get commission from here if you can sell the product. If you can sell other people's products, why can't you start your own business?  Yes business requires capital but here you don't need to use much capital in the beginning. you can start the business on a small scale and then gradually scale it up. I don't think it's a standard plan to earn commission by selling other people's products through marketing
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. However, if we are able to start with a little capital, I don't think there's anything wrong with it, because if we can run it well, of course the business we run will develop well.
full member
Activity: 322
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In business, capital is not just money, and money alone will not be enough as capital. If we can be trusted, have good credibility, have a good name, have skills, and have a good network then even in conditions without money we can pursue success. Moreover, many people are successful by acting as agents or intermediaries between sellers and buyers even though they don't have any capital.

Capital is not the only thing that should be considered, the same time it is important because without capital I don’t think the business can kick start. Except it is no longer a business but as far it is business involved capital is important. And their is a big difference between between skill and business because if your talking about business you capital to invest, and skill is just for you to earn from and you don’t need money to start the only thing you need to invest is time and dedication to what you are learning. Because it’s just as if you want to invest in bitcoin without money is that even possible. And you must not do business just because everyone wants to invest you can also get a skill and that way you have something to fetch you money because starting up a business is more challenging than previous years the competition is high in the markets, and demand is very important, so when making a decision it is better to choose wisely what you want to do, either business or skill, and if you want to engage in doing the two then it’s not bad.

I really agree, there are many factors that are connected to business, but money is the main thing in business itself, and it cannot be denied. After that, there is an opportunity to do this business supported by credibility that can make people trust, because of good performance and skills in managing whatever will be done in the business.
Once our business is running well and successfully and is trusted by many people, money is no longer the main thing, because investors will come themselves to be able to provide funds or join the business.

And like I replied before if it is business there is no way you can side line capital that’s is part of the fundamental in establishing a business. And business comes with a lot of responsibilities. Starting from a business idea then down to plan of implementation and establishment that is were capital comes in because you need capital to develop that stage. Then management follows because every good business needs good management to sustain the business, if not the business might not survive. Their are factors that keeps the business running and earning the trust of your customers also matters a lot. And that is why I said business comes with a lot of responsibility, skill is also a good option to consider since all we are after is money.
sr. member
Activity: 1120
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I disagree with that we don't need money totally to Start up a business. I want to tell you that there is no business without money and time invested on it, for example before you start affiliate market, you need the  internet skill and will pay to learn properly. after which you'll buy a new device either laptop or mobile phone including the data you spent online each day to work. So you can see that there is no business you will not at least spend a thangible amount of money. I think the title of this your thread should be "starting up a business with the least capital" I
That's right, even if it's small, all businesses need money or capital.
I think OP intention to start a business is not always focused on capital. Sometimes there are tools that are around us or that we use to start a business, for example a smartphone which almost everyone now has, that can be capital for us to start a business olnine.
So what the OP said is correct, it can be considered that a business can be started without capital so don't be afraid to start a business, the idea that you have to have capital first to start a business must be changed.
full member
Activity: 280
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I disagree with that we don't need money totally to Start up a business. I want to tell you that there is no business without money and time invested on it, for example before you start affiliate market, you need the  internet skill and will pay to learn properly. after which you'll buy a new device either laptop or mobile phone including the data you spent online each day to work. So you can see that there is no business you will not at least spend a thangible amount of money. I think the title of this your thread should be "starting up a business with the least capital" I
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