Topic: Starting a business without capital. - page 10. (Read 2650 times)

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.

This is true though profit making in any business will take time at last but any business we start most likely to bring in the cash flow from the day one which could be very low but still the cash flow will help to run it while you are doing all these. Anyway I said that isn't even a business, it's same as some sales executive who work commission basis unless we are talking about someone who is already a celebrity and brands are waiting in queue because they know it's gonna be a sure shot.

If you've got the bravado and the confidence to be able to talk to people and sell them something without making them feel irritated of you, you're probably going to make money with affiliate marketing, the only problem with this one is that not everyone can do this even those that want to become a businessman, they will have a hard time and affiliate marketing isn't for everybody anyway. Also, why would you want to start at something when it's much more easier to have the basic requirements, not everything in life is about taking the difficult path, if the easy path that will make your success more likely shows up, shouldn't you grab that opportunity? I think that there's been an epidemic of being allured that hard work equals success, that's not going to be the case in this economy and current state of the world.

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.

     It can happen that you can start a business without taking out any investment. For example, in the traditional business of consignments, you will drop products, then remit the goods when they are sold. You will only be given a day until you sell them.

     And when you are online, there are more opportunities for businesses that you can get profit from without capital, such as affiliate marketing number one on YouTube and Facebook accounts, which you can earn as long as you monetize your account or page. Here in crypto through airdrop's.

You make affiliate marketing sound so easy a d simple to go with because a newbie reading this op that's the perspective they will have about affiliate marketing not until they go into it and see the challenges there embedded. You fail to emphasize about the importance of growing a community which is what affiliate marketer success lies on, and this community takes time to build and you'll have to gain their attention and trust. In doing all of these you will need preferably a phone at least, burning of data,  and this requires financial capital to keep rolling even when the community has not been made.

And you don't just wake up one morning to become an affiliate marketer, you will have to undergo some training to have good communication skills about what you do in order to be able to attract audience within a competitive market. All of these demands capital to get enrolled into a training, right?

A business is not easy to start and anybody that is ready to start a busy must be prepared for the worse care eventually. I have seen so many businesses that was started with huge amount of money but finally ended in nothing. We we need to understand that before we ever think of doing a business, there are so many questions we needed to ask ourselves so that we don't become novice when everything has finally started. We can make money from the business that was created even though it was a month ago. Dedication is another question one need to ask so that we don't start what we can not finish.

When it comes to business, having a sufficient amount of capital is very essential. Even if you say you have all the knowledge and skills needed, still working on your business won’t be easier. It’s much better to start with a business if you have both, capital and the experience to make it work and grow.

Now talking about affiliate marketing, that’s actually not your own business but you are working for that business to grow. And obviously the strategy you need here is on how to attract your future customers so they will end up patronizing the items you are promoting.

The good thing about life now is that starting anything without capital is easier, because the choices are much wider, from affiliate marketing, service-based businesses, products on demand, to drop service. However, we must have strong determination and the will to succeed because without that, everything will be in vain.

We also have to understand that this type of capital is not just money, it can be skills, networks, time. The majority of generation Z can definitely relate to current technological developments, because I think this applies to everyone, from those who are still in college, to being employees, or married (up to which one suits you best) according to your skills and desires. Because of course digital world business is very interesting, it doesn't require capital or even a lot of capital, the time is flexible, and the market is wider.

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 knew of affiliate marketing years back, not online tho but in a town not far from where I stay, the place is very big market and it deals mainly on livestock. So how I knew about this market is through my friends elder brother. It all started like this, I had issue with my parent at home so I decide to stay with my friend for some time, During this period I noticed my friend elder brother always go out in the morning and comes back at night. Staying in a place that is not mine I was beginning to feel somehow, I was feeling I need to provide something too, at least to contribute something too since they where staying alone and providing for themselves. So one day I asked him which work he was into maybe I could follow him and he said if he is going the next day he will take me with him.

I was curious before the next day and couldn’t wait to atleast start something for myself, the next was here and I was set, we enter a bus to the town and within 30-40 min we were there. We started by greeting some of his friends and colleagues. After that I couldn’t believe what happened next. A man drop from a bike with a goat and my friend brother ask him if it for sell and the man said yes,  and he said how much and the man said #15,000(naira) after much bargain they later agreed on #12,000(naira) so he asked the man to sit with his friends and he is coming to withdraw the money from the nearest POS. He asked me to come with him and with the goat, we left there and after like 20min we were able to sell the same goat to another man for #18,000(naira) like I was just amazed. I realize we made #6,000(naira) profit without investing or even needing capital to start something. After everything that day I remember we came home with 12,0000(naira) and I asked him is it always like this and he said some days he come home with less and some days even more. It one experience I will never forget because I actually enjoyed every bit of it.

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.

If you do business in the usual way, you automatically need capital because it is impossible for people to open a shop without using capital to put goods into it. Except for the business model like the OP is talking about where we only act as people who promote. Doing business on social media platforms also requires capital to purchase equipment for promotions, such as domains costs, because if you rely on free promotions on available social media, it will not reach a wide audience of buyers.

But if you want your business to grow then capital should be the main need because we are the ones who provide goods for those who promote it through social media. Influencers only take advantage of other people's businesses to generate profits and owners must be able to take advantage of opportunities from them to achieve success.

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.

Not everyone's built for the long haul, the grind, the uncertainty. You gotta have thick skin to play that game. And yeah, a lot of folks get discouraged, tap out. Anything worth fighting for ain't gonna be easy. Some people crush it, some don't. That's true for any high-stakes game. Crypto, startups, whatever. Is switching to airdrops or testnets the answer? Maybe for some. But those have their own risks too. Timing, luck; it all plays a role. Six grand ain't the norm out there, even with a lucky break

The deal is finding your own path, a smart path. Don't chase one shiny thing. This whole digital world, finance, marketing... is wild . You have to stay sharp, diversify, and above all, keep that fighting spirit. It ain't just about the dollar signs at the end of the day. It's about making the right calls for yourself, and riding the waves as best you can

I don't know about others but to me affiliate marketing is a big headache for me and thats why it is very hard to see a successful person who is based on affiliate marketing, all people I knew that are into this have all quit, it is a long term struggle and you might not even get the results you desire.

To cut this story short it is not for everyone, many people would prefer to get a job even if its paying a low amount and start from there, i even think that starting as a airdrop hunter is way better, if done in a bull market you will get positive results after many trials.

There is no need for spending money and finding traffics or similar, just some access to the internet and do every possible airdrops available, using the right airdrop source you will come out with something to show for it, if you are not lazy, you can also start testnet too, I know a guy who made over $6000 in testnets, this money is life changing in my country. 

Yeah really it is proven to take time to make gains with affiliate marketing not unless you are already having huge and established community or popularity on social media platforms which is for me the most common way to advertise or promote links. It also needs more effortsa and skills for you to be able to attract the attentions of potential costumers that might avail what we are promoting. I am an affiliate marketer as well but it doesn't work for me since I don't put a lot of effort on it due to having a very hectic schedule.

That's why in today's competitive business environment, thinking of doing any business without capital is nothing but fantasy. The thing earning money that is being thought about is actually a job. At present, even with only financing, it is not possible to do business without proper skills and foresight. Therefore, by reviewing the business movement, considering nature, environment, demand, financial resources manpower and failures business activities should be started with suitable products or services and be patient.

Though your first sentence contradict me but I fall inline with your ideas, the truth remain that any body going into a business consider it be a capital intensive or not all business don't have the same amount of capital , capital in a business is the first amount of money used in opening the business, I saw many saying about affiliate marketing having no capital I don't agree with that saying, but can concur that it required less capital. before if  you said there is no capital the garget to be used in the business is it not money that will afford it, what of some training that will make you more proficient no matter how small any business is capital is required even the least wheelbarrow pushier need capital to afford the barrow just that it's not capital intensive.

Yes, bro, nowadays if you say opening a business without capital is a bit impossible, in my opinion, every time we want to start a business we must have a little capital, how will our business run if we don't have capital, even in an overnight business, before we start, we must have money. registration, money comes in and then members' money, let alone opening a business like a small kiosk, that alone requires capital to start a business, now where there are jobs that don't require capital, even if we enter the office sector, we have to have capital to get us into office work, let alone in the business sector where capital is clearly needed before opening a business that we want to open and develop, in a trading business the more capital we spend the more profits we get, as long as the business we are starting is serious about developing it and we are confident in a successful business we have started it from the start.