Topic: Starting a business without capital. - page 15. (Read 2650 times)

Affiliate marketers may even need to learn a few more things on affiliate marketing from a paid course outside what they already know as a way to increase their success, and this requires money. So, affiliate marketing is not really a business that does not require capital.
If you are able to start any business without capital it will be difficult for that business to keep going without capital, you were able to get the business going, but to also grow the business, capital is an essential requirement.

You sound like a passionate affiliate marketer but sorry assuming in your definition of a business, affiliate marketing falls into it, then I tell you that you need money. You need a device to connect to the Internet. If you don't have that device you need to buy one. After you have bought the device to become a professional affiliate marketer, you Internet connection to market whatever product or service it is you have and that costs money too as you will need to pay for data subscription. Another need you may have is for you product to gain visibility and that requires sponsored posts on social media and that requires money too to pay the fees. As you can already see , you cannot start any business without capital.

I don't think there is any business that one can start without any capital being involved. Which drives me to correct the fact that Affiliate Marketing is an online skill and not a business. Unlike any other skill it takes time to learn and practice before one can be successful in it. The most important thing here is learning with the resources. I believe if someone wants to be an affiliate marketer he needs to buy or search for the right learning materials before he can understand how it works completely. And these process takes quite some time but if one has successfully passed this stage of course there will be greener pastures ahead of them.

Also, i want to add that when it comes to affiliate marketing people spend money on spreading ADs on social media to reach a large number of people. So, one way or another there is still some little investment or capital being putting. Although at the beginning stage creating ADs is not really necessary.

This is absolutely true, but just like with other businesses, It's not easy at first because you need to build your channel and you need to have huge engagement from other socials to gain clients and customers, sometimes you need to spend monetary value to boost your engagement to your post and for it to be delivered or reach the newsfeed of different people. It can actually serves as one of our passive income because all you need to do is to market and to advertise the product or services that you offered then you will gain a commission for every purchases and sometimes the company gives a huge commission like 17-20%. Btw, I do affiliate marketing and the way I advertise my products is by posting videos of a product while unboxing it and gives a good feedback, you need to give an effort to your video so it will caught prospect clients attention.

Affiliatw marketing needs excellent advertisements in order to become successful. Do you think without advertisements, you can get your product known to people? You will have to pay for those ad space at some point or even build a website, and that itself cost money, too. Somewhere along the way, you will be needing to use some money to make progress in affiliate marketing, and being cheap about it won't let you go anywhere.

It's also worth noting that it takes time to build it. Your downtime not making money is actually costing you money as well, as you need to pay for your necessities before your product pays off.

Do you think you can start your own affiliate marketing without any fund? How do you even intend to get things done without spending money? You will need to get a system even though you think you don't need it, it could be an important tools to a successful affiliate marketing. Funds is also need to speed up things. Every affiliate marking must have a product to sell which is what keep users to keep patronizing and buying the products while you get paid for referrals. Setting up your own affiliate marketing strategies and portfolio need money so there is now way you want to start a business or something new that you don't need funds to commence that.

I may have to learn how to be an affiliate marketer just as you mentioned because I really need the source of income and it's going to be more interesting and it would look like I never have to work because the online world is somewhere I visit often and have earned sometimes from being productively engaged with it.

However, one may need to spend money, time, data, to get the best from doing any new business and although it forms the capital needed in total, the patience, tolerance and good management capabilities one possesses, will ensure one succeeds where others fail.

People has phone and they buy data just to watch videos online, videos that will make them laugh, sad, excited etc.
So when talking about using capital to start up a business you don't have to mention what people do as Daly activity like buying data for internet connection or having a phone this things are what you already have you are just using it to making money.

When you talk about capital in starting up a business even a common man will know you are talking about money, in business capital means money.

I have been doing it as an affiliate for the last few years, I joined the TikTok affiliate and Shopee affiliate and to be honest the results I get are quite good every week, it can help me earn side income.

To become an affiliate who earns a stable income, the key is not to be lazy, there are times when boredom appears, but rest assured, in doing anything, patience is really needed, especially now that it is difficult to earn money, so everyone must have an income of more than 2 or more 3 income, inflation occurs every year, we have to rise.

It is too rash to say that the affiliate program is a business program without capital you are wrong OP, because in fact the tone needs to have a cellphone or laptop, internet network time, knowledge and energy to do it, talking about capital is not just money, there are so many other classifications that can be calculated as capital as I said, so doing any business without capital is nonsense if you think realistically correctly and not fixated only money, money and money as initial capital.

You have to admit this if you have the same mindset about capital as me, just open your mind and think about what capital really is and how it can be a very valuable starting capital in running a business even if it uses a little money as additional capital.

Yes, you can start a business with no money. You just need to be strategic and patient in your approach. Before you dive into the startup process, here are a few things you should do first.

Keep your job 

Don’t get carried away by your business idea and immediately quit your job to start a sole proprietorship. Be realistic about your life and willing to compromise in other areas. You can run the business in your spare time, on weekends, holidays, or after work. 

Your job will ensure your livelihood isn’t relying on the success of your business. Besides, you can save your business’s profits to fund costs that might arise as the business grows. Keep doing what you’ve been doing for a living with the aim of working hard and smart on your business. You can decide to leave your job when the startup can pay you.
Analyze what you need to run your business, and what the gaps are in your own abilities. Then, all you need is an internet connection to start searching for small business resources. 

Whether you need to fully outline your business structure, write a business plan, create a marketing plan, research licenses and permits, or even register your business—there’s likely a free template, tool, or article out there for you to check out. 

You can also use free trials for paid business tools. This will give you an idea of the overall functionality and help you determine if it’s worth eventually investing in. 

With limited monetary resources to start a business, you can invest your time wisely by forging the right networks. Get to interact with businesspeople in your respective industry. You’ll learn a lot from entrepreneurs on the same journey as you. 

If it’s a unique business, still network with other entrepreneurs. Other people have been down a similar road before. You can learn what it takes to run a successful startup.
Having cash at hand isn't the first step in starting  up  a business. 
In my opinion, the first  thing is to identify  the business idea, or product, and carry out a market research,  that is, how the market behaves around the kind of product you offer, or the niche you're getting  into.
Another critical aspect of starting a business with no money is spreading the word about your product/service to your customers. You obviously don’t want to invest a ridiculous amount of money in your marketing efforts. So, it’s best to focus on organic options as part of your initial marketing strategy. 

Whether you’re selling a product or service, testing the idea with no cost or the least cost possible is advisable. A minimum viable product (MVP) is a new product with core features to test its viability in the market. The purpose of an MVP is to see the early customers’ experience with the product and use the feedback in further developments.

One way can be conducting a crowdfunding campaign. If they’re interested in investing after using the product/service, then that’s a good indication that the business idea is worth pursuing. Even if you don’t get the funding, their feedback will guide you on which areas to improve.

Tap into the power of social media. You can create a post, page, or short video about your product/service, share it on social platforms, and see how many people are interested. Their interaction, such as preorders, comments, views, shares, or reactions, will indicate something about your idea.

You can create a website for your product/service and check website metrics. Use low-cost or free websites and web analytics tools available.

Affiliate marketing is'nt a business that requires capital to start rather it's an established business own by an individual,firm etc that's needs a person to advertise a product.In affiliate marketing an influencer/affiliate get his/her commission from advertising the product of a company or an individual.And as an affiliate marketer you need to be well equipped when it comes to communication,an affiliate marketer must be able to convince a customer to purchase the product,and people get to purchase the product you sell and also introduce to their friends when they find out how effective the product was.Op from what you said it sounds impossible for a person to start up a business without capital, pursing success is also part of starting a business 100% sure but the capital to start up a business must be there otherwise I don't it's possible.

I consider it more on profession and not a business because you are relying on your skills to find an affiliate in able to earn. It’s a job since your earnings is based on your performance.

The one you are promoting is the business while you offering a service to improve the business that’s why you don’t use capital but rather work force in able to earn.

I’m doing this affiliate marketing on tiktok since it gives 10% or more commission to the total sales without the need to purchased the product. I usually earn good amount by just creating content with bag attached to my post.

Many people have switched to this profession, with the lack of traditional jobs out there. Indeed, this job does not require capital, but marketing a product is not as easy as you might imagine, we also have to compete with many people who have started it even though we already have the skills there. We have to be smart in choosing products that are often consumed by most people, such as milk, baby diapers and the main thing is that we are smart in looking for prices below the average. We don't look at how small the commission we get is, even though the results are small, we will get them regularly.

Before you went into affiliate marketing you saw people making money from it and you decided to go into it and you didn't succeed so you think affiliate marketing is not profitable what a wow.
Before going into affiliate marketing you must have good communication skill and you must be patient also people of this generation wants everything so quick and forget nothing good comes easy you need to start small and grow from there.

Yep yep affiliate marketing doesn't require capital.

Digital affiliate marketing: you don't have to own device and you don't have to purchase internet package.

Offline affiliate marketing: you don't have to dressed well and you don't have to own something luxury.

It was a sarcasm, good luck to become successful in affiliate marketing when you're not popular and you can't flex what you have to convince other people to buy your products...

Before marketing any product as an affiliate marketer you must confirm the quality of the product.
The only way to make it big in affiliate marketing is marketing a good and quality product from there people that use the product will also refer there family and friends to you so in affiliate marketing selling good and quality product is key priority.

I understand your point, basically starting up any business at all is difficult till you become known and offer quality services before people can start coming to patronize you despite your location. Normally, Affiliate marketing is not a bad business to venture into but it requires a lot of work and time for you to convince people to patronize a business that you didn't own and sometimes, you may not be familiar with such business but due to the fact that you want to earn an income from it, you spend so much time to learn it and also learn how to relate well with your customers. The most challenges encountered by affiliate marketers is in a case of a bad market or maybe someone made a purchase and later discovers that it is not of good quality as you said of it, in that case you have lost the trust of that person and in a case where anything goes wrong, you will be the principal person to be held accountable.

have you started becoming an affiliate marketer?  if yes.. please give some suggestions but if not.. you better lock this topic.

i was an affiliate marketer for 1 and a half years, i experienced a lot of sorrow at that time, such as erratic commissions and often paid late, since then i stopped being an affiliate marketer, i prefer to create my own business, market it myself and live it from the bottom without having to think about anything else.

for now i don't know whether affiliate programs are getting better or not because i haven't found out about affiliate programs for a long time, so that's what i said at the beginning, if you have the best and most profitable way to become an affiliate marketer then please give other suggestions on this topic.

Yes back in the days when people rely on capital before starting up a tangible business that can even bring in capital, as the world is changing so is many other things that can carterput those who prepare their heart to change will move and make way for the self, the afliate market is one of them. What any individual need now is to position itself and follow the world as it move and find the angle that suit your choice of business at the end you will not be Left out.