Every job must not end in an office or you being an employee.

Most people wish to be employers after starting their own business.

However, Lack of money is a key reason why many people decide NOT to start their own business. This has always been one of the main fears facing would-be entrepreneurs, and it’s safe to say that the current economic situation in Nigeria hasn’t helped reduced that fear.

The financial climate has also made access to bank funding more difficult to come by – and the lack of jobs in the economy has impacted on people’s ability to save to start up their dream business in the first place.

OK, so that’s the bad news.

The good news is that it’s still possible to start your own business even if you don’t have any money

Here’s a list of aspects to consider to help you to start a business with no money.


1. Start Small

You don’t have to start a business that has incurred huge expenses before you’ve even opened your doors. For some businesses, a classy office in the centre of town may be seen as a requirement, but be really honest with yourself about what you NEED versus what you WANT for your business. They are not the same thing.

You could start out as a consultant or an online business – where your outlays are probably limited to a computer, a business card and maybe a web design (although in reality, if you’re a consultant, a really good LinkedIn profile will stand you in good stead – and with 380 million users worldwide, will bring you to the attention of lots of potential customers).

2. Have a Plan

If you know and understand your business from the outset, you are more likely to avoid making costly mistakes or decisions about spending that you shouldn’t.

Understanding your overall mission, having SMART objectives, setting goals for profits and sales – in other words, having a well-thought out business plan – will help to keep your costs low, as you will know when to invest and when to curtail your spending.


3. Grow Organically

Not every business model requires investment from day one – and if you need to start a no-cost or low-cost business, clearly you will need to choose such a model. However, that doesn’t mean that your business can’t or won’t grow – but it does mean that you need to ensure that growth is organic and sustainable.

Make investments where you need to and put all of your profits back into the business in the early days if you can to help it to grow from the outset.

4. Start With The Obvious

You don’t have to make it difficult for yourself from day one. Go for the aspects of your business that are easiest to implement.

Building upon the idea of starting small, are there markets that you can access easily? Perhaps you’ve already been building an audience – what are they interested in and what are they most likely to purchase from you? Or, where you have an existing expertise, use that to help you to grow your business idea from the early stages.

5. Get Partners

Partnering up with someone else – or with another company – can provide you with access to expertise, markets, and resources that you don’t already have available to you. This can be a low cost – or even free – way to get what you need to grow your business without having to pay for it.

By looking at it as a partnership in the first place, you are more likely to have people who are willing to work with you – rather than simply seeing it as a way to get stuff without paying for it!



6. Start With What You Know

Rather like starting with the obvious, starting with what you know is all about looking at creating a business in the areas where you already have some experience or expertise.

A consultancy business, where you use existing knowledge and skills, or a business created from a hobby that you enjoy, are good examples of using what you know to get a head start in business.

As long as you know that there is – or will be – a market for your business, starting with what you already know is a good way to keep your costs low. You won’t need to invest in any additional training or buy in expertise. You are building your business around you.

how to start a business with no money


7. Be Creative

Like the example above, one low cost way to start your own business is to make something.

Crafts are becoming a huge industry – you just need to look at the popularity of sites like Etsy where people sell their own creations to buyers from around the world to see the evidence. It’s relatively straightforward now, to build a business from a creative hobby.

Copy copy no dey help


8. Resell Something

If you’re not so good at the creative side of things, another low cost business model is to resell a product that someone else has made. In other words, become a reseller. You can make this even easier by becoming a dropshipper (I saw a topic about dropshipper here on NL) – so you don’t need to hold any stock, you just send the order on to the supplier when it’s made, keeping a proportion of the cost for you.


9. Use What You Have

As I said about starting small, you don’t need a fancy office, you can work from home or at the local library or coffee shop with free WiFi to begin with.

If you have a car, perhaps you can start a delivery business or maybe you can utilize some of your resources by hiring them out – like equipment or space you have available. The investment required will be minimal.


10. Cut Your Costs

You could make a radical change in your lifestyle and reduce your outgoings as a result. The idea here being that, with lower living costs, it will be more possible to invest early profits back into your business.



11. Focus on Needs

If you want a low cost business – and one that starts making money in the early days, so that you can start to invest and grow reasonably quickly – you are best to focus your business on what people need rather than what people want.

If you are an aspiring baking entrepreneur, it may be worth considering that people need agege bread more than they need wheat bread (Na joke o ).

This isn’t to say that there’s not a market in wants – after all, every luxury brand is based around those – it’s just that, by focusing on needs rather than wants, you are likely to start to see returns that you can reinvest in the business more quickly.



12. Use Word of Mouth

You probably won’t be able to take out a double page spread in Vanity Fair, or a billboard ad at the edge of town – but don’t underestimate the power of word of mouth to promote your business.

Tell everyone what you’re doing. It doesn’t have to be promotional. It can be as simple as letting people know what you do and who you help.


13. Get Paid

Cash flow is the lifeblood of every business, large and small. If you are starting out on a low cost basis and don’t want to get hit by a lack of available funds, make sure that you invoice on time and have short payment terms, such as payment on delivery or within 14 days rather than the standard one month, which is the practice of larger businesses who are able to wait a month to be paid because at any one time they are invoicing a large number of customers.

For larger projects, you can ask for half up front and half on delivery – I’ve even asked for interim payments between the first and last payments.

If you’re unsure about invoicing or hate asking to be paid – a common problem – check out these free invoicing tools for small businesses.


14. Get Free Advice

There is a wealth of free advice and information out there for small business start ups so, rather than paying for expensive advice, get it for free.

Join local business groups or your local chamber of commerce, go to business networking groups, ask people that you know who have expertise in starting or growing a business if they will give you some of their time, get a mentor or join online business groups.

The list of free advice opportunities goes on, so take advantage of what’s out there.


15. More Freebies

You can also get hold of equipment for your business for free – or at the very least for a low cost. One man’s trash is another’s treasure after all.

Check out Craigslist, Freecycle, eBay and spread the word about what you need among friends and family.


16. Do It Yourself

In the early days when you’re still trying to keep your business spending to the minimum, try to outsource only the absolutely necessary. As your business starts to grow, and your focus shifts, there will be a point where DIY-ing everything becomes a false economy. But in the beginning, you should aim to carry out as much of the necessary ground work as possible. If, for example, you need to build an online community for your business, you can start out with a WordPress site


17. Outsource Well

As well as knowing when to outsource, you should also consider WHERE to outsource. In the early days, if you’re looking for design work, or some help with social media, for example, sites like Ffiver Upwork, PeoplePerHour and so on are all good places to find low-cost help for your start up. The freelancers on there also come with recommendations, so you can get a feel for who is good and who you should avoid.


18. Start a Side Hustle

We’ve dealt with this before so I won’t go into any great detail – but if you want to start your business without spending too much money, start it as a side hustle BEFORE you quit the 9 to 5.


19. Use Social Media

You don’t need me to tell you how powerful social media is – Twitter has 289 million active users, while Pinterest is reported to have 72.8 million users worldwide.

So if you are looking for a low cost – or indeed free – way to promote your business to a wide audience while building a strong reputation among potential customers, then use social media to spread the word about your business.

If you are really new to this, Social Media Examiner has a great ‘3 steps to get started on social media‘ post that will help you to figure out which platform you should be on.


20. Be Online

Building on from this, if you want to start your business at a low cost and reach a large potential customer base, then you need to get online.

Get a website up and running, consider having a blog to drive traffic to your site, while building your authority in your field, and link up your social media to bring people to your website to find out more about your business.



21. Don’t Spend What You Don’t Have

You should know what you NEED to spend money on versus what you would like to.

Make sure you have enough to cover your financial and legal obligations – such as setting up an LLC. Figure out what taxes you will be liable for and make sure you have enough to cover them – but trim your costs where you can. You don’t need fancy equipment or expensive consultants.

And remember that what your business needs isn’t going to be the same as someone else’s business – so figure it out before you get started.


22. Avoid Debt

One of the best ways to start up a low cost business is to avoid debt. Having no money and owing money are two completely different things.

If you’re starting a business – whether low cost or not – don’t have any personal debt. Not only will having debt reduce your ability to put any of your personal money into the business, it will also hinder your ability to access credit for the business further down the line should you need to. While you don’t want to access credit at this point, you never know how your business might grow and when you may need a cash injection to help you to stay on your growth trajectory.


23. Use Your Initiative

Need access to funding but can’t get it from the bank thanks to their new found caution when it comes to small business investment?

Consider other options, such as crowdfunding or peer to peer lending. Reduce your PR and marketing costs through creative use of social media – or stunts like the Ultimo one above.


24. Hustle

Before you start imagining yourself as Paul Newman in a smoky poolroom (tempting as it may be) what I’m talking about here are deals with suppliers, partners and customers.

Can you offer something in return for a lower cost – like repeat orders to suppliers or joint promotions for potential partners?

Negotiate to reduce your costs. Don’t just accept the quote – you’ll soon discover that your customers are happy to negotiate over your prices, so learn to do the same with your own suppliers.


25. Start a Low-Cost Business

Of course, the easiest way to keep your business start up costs low is to start a low-cost business in the first place.

Become a consultant, start an online business, become a freelance writer or designer. If keeping your costs low really is a major concern, and you have no money, then these are good businesses to start out your entrepreneurial life.

Another way of starting a low cost business is to start with smaller things. E.g if its laptop you want to buy, you can buy a second hand laptop first instead of going to buy Apple Laptop. Or if its phone, you can get a good or cheap phone that can do the job for you. I heard Tecno released a new phone that is just N23,000 but it does all what other "bigger" phones can do. Why waste much money ??

Conclusion

Starting a business with no money is challenging – but it isn’t impossible. With careful planning, a clear understanding of your market, and the right attitude towards spending and saving in your business, it is possible to build a successful business from the ground up with little investment at the outset.


SEE YOU AT THE TOP

tosyne2much:
You mean say some girls even worst pass her sef?

Master so you don finally enter my thread??

Okay o. Issokay.

Meanwhile he might be right.

I`m totally against and i mean TOTALLY AGAINST underage sex. However, what some 16 or 17 yr old girls wear, ehn!!! You`ll begin to wonder where this world is heading to.

I swear when you think you`ve heard or seen it all, the story comes from another angle.

This one pass my power o, so i brought it here for you guys to "dissect" the matter

Its an interesting read though.

Hello people,
I'm a 20 year old girl that just started studying in another state away from my parents. I recently moved on my own, so I have a lot of freedom. Since I broke up with my first real relationship (from 17 - 18), I've been having a lot of new sexual experiences, with girls, boys, threesomes, orgies, one night stands,.. The thing is that I never thought too much about sex but in the last two months I've been having a lot of casual sex, and even if it's not what I'm looking for, I always end up sleeping with someone at a party.

I like it; I never forced myself to sleep with someone or been forced, it's just that the number of guys I slept with is over 30 (and I'm just 20). I don't feel ashamed but I feel kind of strange because my girlfriends haven't even had half of the sexual experiences I had.
And now these days I think about sex a lot; I can't even go 3 days without sex. I just can't. Is it normal?
I also wanted to add that I am an open minded person, I dress normally - sexy, but I definitely don't look like a slut. I always get into a conversation with someone I find physically attractive and then we end up sleeping together. I totally enjoy it, but I'm worried because I don't want to ruin my relationship with my new friends I've made here.

What do you think?

Am I a sex addict?

Or just a normal, young girl?

Thanks for your support!

Source:http://bbs.tecno-mobile.com/forum/lite/30338-too-much-sex-and-sexual-thoughts

petengine:

thanks a bunch!

I'm still waiting for your response on the question I asked on your thread.



https://www.nairaland.com/2984986/why-commercial-pilot-many-pilots

Hmmm

What then happens to the 1GB RAM phones?

Should they be thrown away??

Anyway nice move by Tecno

petengine:


The best school so far is CAE but very expensive. I recommend you go for PEA. my main reason is that; the employ their student pilots immediately after training as flight instructors. this is crucial as it will help u to build the necessary flying hours to land a flying job as a pilot. NB: while building additional hours as an instructor u also get paid at the same time. 99% of flying school pass out students after obtaining 250 hours meanwhile u need up to 500 hours to land a flying job and 1500 hours for major airlines. how then can u get the additional hours to enable you apply for jobs as a pilot? PEA answers this questions.

to answer other of ur questions u need to send me your email so I can send you a complete guide to becoming a commercial pilot. its eBook and completely free of charge.

Please kindly send me a copy of the guide. Send it to duduparapara@yahoo.com ... I want to be a pilot. I will be self sponsored.

What is the possibility of landing a job after training and getting all the necessary licenses?

I`ve gone through the PEA website.. Most of the pages say "page not found"

Does PEA also handle helicopter pilot training?

fredosan:
fellow nairalanders ,my case is becoming pathetic, more than two years after youth service to find a job became hell on earth. I have been surviving at the mercy of friends and siblings, even my fiance is tired of the situation pls help. I have prayed and submitted CVS oh! am tired pls help my no is 08066122235

Are you based in Lagos?? PM me.

Rhaspody:
Rich but dumb. you can't have it all abeg

Meaning you`re marrying for the money??
What happens when you need advise or suggestion in the house?

So I was at computer village this morning when I met two ladies (Most likely Nairalanders cos I saw one browsing this forum). I actually went to buy power-bank. Though they came to buy phone(s).

What drew my attention was that one was very pretty (I mean very verrry Pretty) but the other one was "just there".. (I don`t want to use the word UGLY).

I later got to know that the pretty one was very rich but dumb while the "ugly" one was from a poor background but very smart.

She was advising her friend that instead of buying the iPhone she should just pick the Tecno W4 since its cheaper (I later confirmed she was a Nairalander cos we chatted and she told me she heard alot of guys talk about the price here).

I tried to inquire why she was against her friend buying the iPhone and then she told me that they`ve just been posted for service hence her friend shouldn`t buy the iphone yet until they get out of camp cause it might be stolen. She said its better to use N25k to buy a phone and it gets stolen than to use like N200k to buy a phone which might probably get lost besides they`ll almost do the same thing.


While she was saying all these I was lost in thought.

I come reason am, Na true o... that was a wise decision.

That now brings me to the question. If you had to choose, would you marry a strikingly beautiful and very dumb man/woman, or a terribly ugly and extremely smart man/woman?


P.S I told her i was going to talk about it here so I`m not gossiping. I got her consent provided i didn`t disclose her name.

TohKunBoh:
Its definitely their official website..their reps are worldwide.. Kenya,Tanzania,Egypt Etc

Hmmmm, thats nice to know shaaaa

paragon40:
How much is w4

Exactly what I was about to ask.

Is it that the reps are online 247?? Or what??

Is it their official site?

farano:
hmm! I reserve my comment

Reserve comment abi??

Ewatomi26:




Lolzzzz... He paid attention to my body, simple... Pay attention to your girl's body and ask her what she likes

I hope it helps

The probs is no matter how u pay attention, some girls will pretend. They can pretend for Africa

Mikylopez:

ion even av a boo

Booless you and booless me makes the two of us.

Let's hook up.

Ewatomi26:




You might have a bae... And not know how to make her squirt... So now that you have been taught... Get a bae

Some people can pour heart shattering mind shaa

I go buy you Tecno W4 o

Ewatomi26:




Your bae can, do justice to that

Its funny when ppl think everyone has a bae.

If say I get bae around me I for don experience am sinceeeeeeeeeeee

Ewatomi26:
Wow... I have learnt one new thing today... I never knew what squirting, not until now... I have experienced it and but I never knew the meaning


Op, you have to pay attention to your lady to get this result.

Ehh?? Really?? Abeg I wan experience am

MUVA:


Its a good thing to be curious. But permit me to correct some misconceptions.

First of all, the fluid that gushes out during female ejaculation varies.. Some erupt thick-whitish fluid while others are crystal and crisp just like urine BUT, it hasn't been proven to be urine. If that's the case then you might as well tell her to take a piss on you while you're at it.


Drinking lots of water before sex might enhance her chances of squirting because every liquid that comes out of the body is actually metabolised water but that also doesn't prove that squirt is urine. The major reason doctors advise lots of fluid intake before attempting "squirty sex" is to stop her from passing out due to dehydration NOT because squirt is pee.


That being said, when a woman is aroused there are no limitations to what she can do in bed. I've seen the meekest become the fiercest in the heat of an orgasm and at that point what you give is what you get. That's why you have to pay more attention to what she likes. Take time to explore her and take note of if she likes it slow or sensual or fast or rough or what ever. Sex isn't just BANG-BANG, the aim should be to pleasure her(with a little bit of pain ) but most guys these days make women "endure" sex rather than enjoy it.

I could go on and on but since this is some sort of crash-course in squirting, I'll advise you tell her what you want. Tell her you wanna see her squirt, that way, she'll be prepared psychologically for it. Trust me, most naija girls feel the urge to squirt most times but they don't wanna embarrass themselves or ruin your sheets, so they'd rather keep it locked in. She should take in lots of fluid before the act. During the act, you should focus on g_spot stimulation first before clitoral. Above all, make sure she's relaxed and enjoying it. This should do the trick.

Hmmmm... Nice update... It goes a long way to help and lot like the pretender above

MUVA:


Lots of girls can do it. Its just that most guys tend to rush sex. They don't pay much attention to forepllay and trust me, you don't expect a girl to squirt if you're a 5-minute man do you?

5 min man??

Infact I'm actually the opposite.

I usually think for a lady to squirt she needs to drink lots of water then when she's pressed instead of going to the restroom she holds it. Then during sex the urine now gushes out.

I may be wrong that's why I wanna have the experience. I'm curious

I just spent N23,000 in purchasing a Tecno W4 and was browsing the internet with it when "something" crossed my mind and I decided to browse through it.
After watching it, I really have to cry out that honestly I'm tired of boring sex... Most times during sex its either she pretends to climax or you continue to make love to her until she tells you she's tired..

To me that's not fun and excitement.

Please where can I meet girls in Lagos who can squirt??

I want to have the experience.

If you know any kindly share.

Thanks

1. Unless we're fighting, when we say something that can be taken one of two ways and one of the options is bad, we meant the good one

2. Don't ever assume what's going on in our mind. You might think we're having doubts about all this and things are going to shit so you start acting like it and then it gets all messed up and it's over. The truth is we're probably just thinking about the last episode of game of thrones or something like that.

If you want to know, ask!

3. We get annoyed when we find out your best friends know everything about our relationship, including the secrets we told you in confidentiality

4. If you want to have sex don't wait for men to initiate. If a man always has to initiate into sex he will feel like you don't want it and just do it because you make him feel good but don't actually feel any pleasure yourself.

Also , when initating be pretty straightforward or use very obvious hints because we don't get it. If you start touching a guy's dick and he doesn't understand that you want to have sex , yeah , that's wrong. But if you give some sort of glance or just say something like "Oh it's been a long day" and we're supposed to work from there to understand that you want to have sex that's not gonna work.

4. Just because a man is physically bigger than you doesn't mean that punching, kicking, or slapping him doesn't hurt - even if it's done playfully. We aren't trees or rocks. Pain still hurts.

5. Sometimes we want to be the little spoon.

6. Guys like getting compliments about their appearance too, even just minor ones feel nice.

7. Just because we can't get an erection at a given moment, that doesn't mean we're not into you or that we don't want to have sex. It's not that simple.

8. We can see through the "I'm fine" bullsh*t. But if you say it 3 times, we're going to let it go. It's not because we aren't aware it's bullsh*t, and it's not because we don't care -- it's because we're not interested in playing stvpid games.

9. Do not search our answers for hidden or alternate meanings. This isn't gulder ultimate search, you won't find anything if you keep digging. There aren't any. What we said is what we mean.

10. You know those movies where the woman is unpredictable, annoying, and generally crazy, but the man she is after falls in love with her anyway??.?

That doesn't work in real life.

Seriously not even in Naija.

11. Sometimes men just like to be alone, it's not that we're angry with you or ignoring you we just like to be alone occasionally.

12. all men are different and they should be treated as such. Stop all these "All men are the same" stories. Well, if all men are the same, just pick one and shut up!

13. Most of us enjoying peeing outside against something

14. Most of us don't get subtle hints if you want is to do something just come out and say it!

15. We don't get tired of your boobs. It's a joy to see them literally every time. The same with touching them. You might not understand it... frankly, I don't think we do either. But for straight men, boobs are the physical embodiment of joy.



Okay let me stop here for now so that other guys can say their minds.