Topic: Starting a business without capital. - page 4. (Read 2645 times)

Running affiliate marketing not only requires communication skills, but also requires solid skills in marketing, sales, and understanding products so that they can influence other people's purchases. Moreover, competition in the affiliate market can be very fierce, therefore you need good creativity to be able to compete to be successful.

That is why Satoshi invented Bitcoin, based on decentralized ecosystem services in which everyone has power in their hands. This means that Bitcion has been successful because Bitcoin has given people the freedom to buy when they want and sell when they want. Besides the store of value, they can also organize their profit. The main aim of everyone is to have such investment assets that work under an unmutable, transparent ecosystem in which no one interferes, which can be accessed from every corner of the world with low fees and fast transactions. All these points were figured out by the one and only Satoshi, and Bitcoin was invented to serve humanity. 
 
So it means that your opinion has the absolute right that invest his capital in decentralized assets like Bitcoin for future.

Even with the affiliate marketing OP is talking about, we cannot include that as ones business, it is simply as working under someone or company and the worst could be only when you make sales then alone can the person earn a little profit. For a person doing affiliate marketing alone is a waste of time, it could be something extra attached to once skill of income, business or job not as a primary source of earning. The nature of earning good profits or having finance is by spending money to get back more in return.

Yes, I agree with you that we have form of capital but, the easiest capital to use to make your future brighter is the capital you have at hand to invest in a decentralized business and hodl for a long period of years, and it will make you to understand the reason why some people will get the capital before learning the business.

If you invest human capital, it will take you a long journey  to achieve your goal because there are some companies that use to sack their employees every year to bring in new employees, and it will going to affect such person in the organization to achieve his or her capital easily to start a business.

That is why some people don't joke with their time, because they know that time is money and they prefer to waste the time on something that will bring increase to their business.

In my own opinion, I think there is no business that one can start without using a capital, either you wait for it grow which takes a very long time to start and be on your own or you use capital and start a business you afford with your capital even if it's an online work or an offline, you must start with money even if it's the least money. So no easy way to start a business without money, because nothing is longer free, everything has a cost now.

Crowdfunding is a very important issue in present times and it is playing a huge role in development from an individual level to state development. The proof of this is found during the installation of America's Statue of Liberty in 1985. Currently the popularity of crowdfunding is increasing in our country but it has not yet gained widespread due to lack of awareness. But it is expected that very soon the business through crowdfunding will become very popular both at the individual level and at the state level. In conclusion the video is very informative and important.

I agree with your way of thinking and indeed it can be done for business without capital. Just suggest to our colleagues be able to buy from us being with other people's products, and we will get a % according to what we promote can be sold, so there is no need for capital to buy the product at the beginning but only by going live, later when we have collected enough funds then we can do the work ourselves without promoting other people, agree this is a business without capital.

Yes, that's the kind of business that doesn't need any capital. You sell the product of others and this can be done through dropshipping too.

Also, about advertising. If you don't like to get into sales then learn how to advertise products on different platforms. There are jobs that are requiring someone's expertise through it.

So, if you're a skilled guy in marketing and ads campaigns even if it's a kind of job. You can treat it as a business without capital too. You sell your service as a business.

It is practically difficult to start a business without capital. Even the small businesses that people think can be started with nothing require some forms of financial commitment. Take for instance, to start an affiliate marketing, a good phone or laptop is needed, internet subscription is needed and cost electricity is another important factor. Without these, it becomes impossible to venture into such businesses. I don't know if there are countries where some or all these are made available to the citizens free of church but in my country, you have to provide and pay for everything yourself without any help from anybody, not even the government.

Actually technology have created new ways of making money but unfortunately, many people are yet to see the opportunities. Although there is growing awareness now as many people are now coming to understand that conventional jobs are not the way to go because they just keep you within a limit. To achieve anything significant, the individual have to go extra miles in exploring other areas and Agriculture and the digital space are two booming areas people are printing money from, leveraging on technology.

This assumption that you need a million-dollar launch to start a business is nonsense. Social pressure is holding back a generation of entrepreneurs. Yes, I understand. We're often shown overnight success stories, people who go from zero to hero in an instant. But let's be honest—those are exceptions. The majority of successful enterprises started small. Amazon sold books from his garage. Google began as a dorm room experiment. They had an idea and a lot of hustle, not millions

However, we've built a culture of celebrating huge wins. We honor the great winners but overlook the underdogs who are working hard and constructing something from nothing. This false narrative that you need to have it all worked out before starting is a problem. It makes people unwilling to start, risk, and fail

Most people keep talking about affiliate marketing as though its a piece of cake. The truth remains and that is it comes with its own set of challenges. Patience is required as it takes time for one to excel in it just like every other business. It involves lots of dedication, data and regular power supply (i.e. in areas where constant power supply is a challenge) to ensure your gadget are always charged. To be fair, anyone thinking of venturing into affiliate marketing will have to first of all, find an alternative source of income to compliment it in other for such a person to be able to afford the little expenses that goes along with it. Data, they say is life and in many part of the world, especially developing and under developed nations, getting good and lasting data requires money . Indeed, Nothing is free in free town.   

Yes, that's right, because current technological developments are very significant, the average young person today doesn't have a job because they don't know how to take advantage of this very open technology, maybe they think they have to have a lot of capital, even though it's just because of limited social interactions.

Like freelancing business? It's possible to sell goods or products that you are not really the rightful owners but you are just advertising with your referral link but if someone buys the product you will get paid for it. That's a business one can start without capital.

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.

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.

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.

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.

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.

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 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.