How to start your business if you do not have the experience and money

How to start your business if you do not have the experience and money? This question excites almost everyone. Business has great advantages over employment. It gives completely different opportunities: social status, comfortable housing, personal vehicle, travel abroad, charity and much more. However, there are also disadvantages in it: risks, competition, bankruptcy. Nevertheless, now there are more and more people who are ready to take risks for the sake of good and new prospects. The only thing that stops many at the initial stage is the lack of knowledge, experience and money. And vice versa, the idea, the understanding of where to start your business, helps to move from the dead end and start the path to your success.

What you need to know

To understand how to start your business, it is not necessary to study a ton of literature, go through countless trainings. It is necessary only:

• First: to decide on a niche (which need not be new, but preferably close in spirit). For example, you like to dress beautifully and fashionably. Then the business can be a store, a boutique or a clothes counter for: office workers, business ladies, clubgoers. You can choose a niche, if only you understand something about it.
• Secondly: Thoroughly think about what can help or hinder business. Think about who your potential client is, how he finds out about you, whether it's convenient for him to be serviced. Are there any competitors in your territory? How will you differ? For example, recently a taxi driver (not a new sphere) has a new service called a "drunk driver". It consists in the fact that two drivers come to the car, one of which takes the drunk customer on his car, and the second one follows and takes the first one after rendering the service.
• Third: to understand how important organization Personal time and time workers. Laziness and disorganization are not tolerated by any business. Where to start here is necessary, so it is with the study of their weaknesses. People who will ultimately work for you should feel that you know and understand what you can demand of them. And this understanding comes when you improve your business skills.
• Fourthly: Knowledge of where to start your business is not enough to open your business. We must act!

How to get experience

There are two ways: to work a little as an assistant (or an employee) in the chosen field or go to the distributors of MLM-companies. Both of these will give a full idea of doing business. So you will understand where the pitfalls lie, what you can actually expect and, in the end, it will be easier for you to decide how to start your business. If there are any clamps, thematic trainings, often provided by developing companies for free or conditionally paid, will help to get rid of them. Thus, you will save time, money and save your nerves.

Where to get money to start

On the question of how to start a business without money, there is a simple and ruthless answer - no way! Even if you start with the services sector, you will have to invest some money in your appearance and health. You should look if not stunning, then at least more or less presentable. Otherwise, how can you persuade potential partners to entrust you with the case? Even on the phone and the Internet - the first assistants in their business - you need money. Where can I get them?

• Borrow from friends, friends or relatives.
• Sell something from the inheritance (car, flat, German piano, dacha).
• Accumulate for 5 years, working on 3 works.
• Work in the MLM-company (there, on average, pay 10% commission on the turnover generated by the distributors you invited).
• Take a loan. Although this is the worst option, since there is a risk not to repel money on time. In addition, debt obligations do not promote positive thinking and increase personal effectiveness. In any case, it is necessary here to well calculate the business plan and come up with ways to retreat in case of failure (for example, to part with a 2-storey country house).

As you understand, it all depends on the scope of activity. Sometimes enough presentable appearance and a pleasant voice to organize a huge event (for example, invite people to train a millionaire) and get a few tens of thousands of commission. You can also organize a development company and earn billions without investing your money. All in your hands! Acting!