When you start a business, you start dreaming about ruling the world and living in a house like this...

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But when you're just starting out you have nothing...

...and today I'm gonna prove you that you can start a business with zero dollars.

So if you're interested in starting a company without any budget continue reading this article.

Before we get into the business of the day:

Here are some example of those who have started a business without any money...

...plus, they actually failing at the beginning.

1. Whole foods store

Whole food store the guys who started it, they first relied on their parents and friends for  money.

...and when they started the first store they were actually running out of cash they were kicked out of their apartment.

What's worse?

They had to live in their whole food store.

2. Airbnb

It started with Brian Chesky and Joe Gebbia realizing that people need places to stay.

Guess what?

They started renting out their extra bed in their apartment and this is how the whole Airbnb started.

Did they have money? no they didn't.

They just had their passion. They had their talent.

...and this is how they started a billion dollar company.

The whole Silicon Valley started from a garage Hewlett and Parkers started their company at their parent's garage.

3. Google

Do you think Sergey Brin had billions of dollars to code the whole thing?

No!

Google was his research project at Stanford. Then it dawned on him the algorithm is actually worth something and he started working on that.

4. language chip story.

Dimitri and Marina Mogilko started Lingua trip with $300 initial investment to just register a company.

They then used money from a first client to build a website...

...the proceeds from the second client was used to visit the UK to sign up more schools for the platform and the rest is history.

So basically:

You don't need a lot of money to start a company.

However;

You need a lot of passion and you need a good idea.

Moving forward...

Frankly speaking, whether you need money or not depends on your type of business.

There are some types of businesses that actually require raising money.


For example: if you're building a bakery, if you're starting a consultancy business, or if you are creating an online store...

...you don't really need initial investment.

Yes you need to come up with a product, you need to think what are you gonna sell...

So what are your skills?

What is your experience?

What is that product that you're selling?

Look:

for that type of thing you don't really need a lot of money. And that's because you can set up everything online.

However,  if you're like some people I know — they're building a supersonic jet company.

...then you'll definitely an initial investment.

But this is completely different stories so if you're building something that can be venture-backed and VC's venture capitalists back businesses that could grow to over a billion dollars.

So always ask yourself can this business be worth a billion dollars?

If yes, then you can raise money from angel investors.
...

These 14 lines of business are low capital options to get started in business. Kindly review and share as you deem necessary. Let me know if you choose to start one them.

14 Businesses To Start With Little Or No Capital - AfricaX
https://africaextended.com/things-that-matter/business/14-businesses-to-start-with-little-or-no-capital/

Enjoy!!!