FeetFinder

There is an awful lot of gate keeping in this sub and in people’s minds of what is being an entrepreneur.

Go to the grocery store and buy a case of water and a bag of ice, take them to a place where a lot of people are gathered and sell them for something around double the price that you paid for them.

Take your profits and buy twice as much water next time.

Rince and repeat until you have enough money to invest in something with a higher margin.

Once you have a bigger amount of money, get a couple of friends. You set them up with the water, they sell it, you get half the profits, they get half the profits. These guys don’t earn you as much money, but there are more of them.

Live with 9 roommates, and eat nothing but rice and beans, don’t spend money on anything, keep reinvesting it into the business, growing it, buying assets that make you money.

u/Creative-Midnight727

The only option IMO would be to choose a business that you can „bootstrap“. This means that you can start with very little money and much labor and scale it slowly up to the point where you can successfully re-invest your profits into growth. I know a company that sells special wristwatches for surfers who did it that way. There are countless bootstrapped startups out there. Google that term.

That being said, you almost always need $1.000 - $5.000 if you want to even try running online ad campaigns. You get this capital from regular jobs plus good old saving or by selling things that you create with labor only (everything from lawn mowing to selling digital products on etsy and online in general).

Start by building up your skillset, and this can be done with absolutely no money bc you can do a simple YouTube search and learn. Find things you enjoy and are good at, and get great at it. Then market and sell those skills. For example, if you’re good at knitting, expand on that, become really good at it and market that on tiktok etc. and you could turn that into a business by either teaching other people online or selling pieces that you’ve made.

Hope that helps!!

What are your skills?

Are you a designer? a developer? a plumber what are you good at?

If you don’t have any particular skill, then start doing some laborious work, earn some and start investing in gaining skills.

What are your skills?

Are you a designer? a developer? a plumber what are you good at?

If you don’t have any particular skill, then start doing some laborious work, earn some and start investing in gaining skills.

Dropship

You actually can, I have $, but started one with $0 that’s making more than my other companies now.

Consider agency models. For example, marketing or sales services, there’s a whole ecosystem of variations across these two areas. Or even anything you’re good at, “operations as a service” is another one popping up.

We sell projects, collect $, pay out 45 days after on the recurring retainer piece that goes to pay base wages of people on our team doing the work. Then bonuses come to us with a 75-90 day lag on when we pay out teams. So as we grow it produces cash, “float”, and we use that cash to grow faster.

I kid you not we went $0-$1.3MM in cash retainers on 3-4 months, now are at about $5MM month 7-8, heading to much more rn. All just pre selling projects and fulfilling them.

We make a 30% spread on labour then we make $ via royalties as companies we help flourish. $0 startup capital.

Use other people’s money

Get a skill, sell yourself as a consultant/contractor, grow your business start selling other people’s time. This is how most businesses start.

You cannot. Not because you don’t have money, but because you’re asking this Q. I have a similar problem with my brother, we’d often discuss this or that idea he’d often kill the convo with “they have money/their dad’s money, we don’t”. There is probably a DNA explanation for this, even though my extended family turned out to be quite entrepreneurial, I’d say half of them were at least for decades if not all their lives in corner shops, restaurants, car dealerships. And yeah, we were people “without any money”. Maybe the car dealership was based on capital earned on the food side, but otherwise at no point did anyone in my extended family have “any money”.

So, on the face of it, my brother could not find some inspiration or contradiction amongst a dozen or two of uncles and cousins that became entrepreneurs “without any money”. That’s probably you too.

If you have absolutely no money, you should start by getting a good job and saving some money.

If you’ve got even a little bit of money, you can start a service business like a landscaper or a window washer.

You can’t. Get a job, save a lot for like 3 years, then start your business.

Entrepreneurship is just a mindset most of the business doesn’t need any money in the intial stages.

Go start your own business 🙂