Do you dream of financial independence, your own business and work for yourself, and not for "uncle"? Thousands of people around the world will agree with you – No wonder the number of start-ups (beginning entrepreneurs with a specific idea and a clear business model) is growing every day.
But what if there is an idea, plans – mass, but there is no money for their implementation? If there is no initial capital, it does not matter – it can be earned! As well as the necessary related experience. How? Read the article estet-portal.com!
How to make money on a business — best ideas
A dream and specific thoughts about the steps to its realization are often much more important than capital, because it is much easier to earn a reserve amount of money than to rack your brains over an idea that will turn the market upside down.
Worried about where to get money for your own startup? Read our ideas!
1. Freelancing according to your specialty, talents or chosen field for a startup.
The easiest, most understandable and obvious way.
If you devote most of your free time from your main job to freelance work and get regular customers who will adequately pay for your level, then you can earn the desired amount in a clear and short time (unless, of course, your business brainchild does not involve millions of injections on the first stages).
And you can combine the useful… with useful, moonlighting in the area in which you plan to open your own business: you will earn reserve money, and gain experience, and master all the necessary skills, and immediately look at the pitfalls.
To all these pluses, there is another big undeniable advantage: even if you lose a client or decide that it is time to turn off freelancing, you will not be left with financial losses, as if you decided to immediately jump into the pool with your head and change the sphere.
There are only two minuses, but they are very significant: you will have the minimum of free time for your personal affairs, besides, you will be twice as tired from work, so for a long time without a "reset" (read: weekends and holidays) don't last. You decide.
2. Working for a future competitor.
A plan for cunning foxes who think through a chess game a few moves ahead.
It's very simple: choose the best business representative in the field in which you dream of starting your own business, and try to get a job him to work. Most likely, you will lose a little financially (especially in the first months), but the experience will be invaluable for your future venture.
There is hardly another such effective and cool way to delve deeply into a specific area, learn about the underside of a business, comprehend all the life hacks without running into your own rake, study the needs of customers and learn how to make really working business plans.
3. Pre-orders.
This won't work in all cases, but who knows – maybe it will come in handy for you?
If you already have a business model ready and everything is thought out to the smallest detail, but only one thing is missing – of the same money to launch a product or service, try to collect pre-orders.
First, define your target audience and its needs. Then, depending on the portrait of the target audience, tell your audience about the product or service, come up with promotions in which you invite people to become your first customers in advance. In return, you can offer potential customers various bonuses and "goodies".
With this idea, you can not only get paid pre-orders that will allow you to start a business flywheel, but also understand exactly what your audience wants, how to best meet their needs.
4. Crowdfunding.
An improved (and in many ways, perhaps easier) version of the previous idea.
If you have a business model, but you can’t search for potential clients live, you can upload a description of your idea and a brief business plan to one of the popular crowdfunding Internet platforms.
This way you will invite people from all over the world (or just your country – depending on the chosen platform) to contribute financially to your brainchild. If it inspires not only you, then consider that it's in the bag.
In exchange, you can offer "investors" future first samples of the product or a period of free use (any “goodies” invented by you and pleasant for customers). And sometimes users "throw off" for an inspiring startup and completely free of charge.
5. Competitions, grants, search for investors.
We have combined these methods into one paragraph, since for a number of reasons they are not suitable for everyone. After all, to find and negotiate with investors or apply for a grant, you need specific skills and experience that not everyone has.
Besides, cooperation with investors has one more significant minus – You will no longer be the sole and full owner of your business.
Don't consider the lack of money as an obstacle to starting a startup, on the contrary – consider this your additional motivation to be active!
If you have already managed to get the money you need to open your business, try to calculate the return on each invested part of the amount as clearly as possible. After all, the first time is easy to fill the bumps.
We wish you a successful opening of your business!
Read also: Bundling Marketing: Online Marketing Trends You Can't Do Without in 2018
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