Entrepreneur

Easy. Start a business with $0.

Use others money

With proper brains and loads of hard work, yes you can!

People are right, you can sell your skills but even selling requires some capital. If you start without capital eventually someday you will feel that your lack of money is the roadblock and you might end up quitting.

So, I'd suggest sticking with anything that fuels your passion. If you think money is your problem then make it your motivation. Start with something that makes you money so you stay motivated to make more. This approach will help you: 1) gather capital 2) make money 3) know your potential and how far you can go 3) what particular niche/market you can tap into and perform well.

Having emigrated from Europe to another country in 2008 with only $5000 to get set up. 15 years later now own a company that employs over 50 staff. Money is easy to get if you have a good idea. Read the E-Myth.

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.

Learn a scarce, in-demand and easily marketable skill. Then target a niche. 'There's riches in the niches'. I think i read this line in this sub first and it should be one of the tenets of entrepreneurship imo.

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).

They key to making a billion dollars....

Ask yourself every morning, "How can I serve?"

The more people you can serve at a time = the more money you will make.

It's crucial to keep acquiring new skills and knowledge. Look for platforms that offer paid internships, as they provide an opportunity to learn and connect with great minds. The more knowledge you gain, the more authentic ideas you'll have, and the more platforms you'll have to start your business with less money (unfortunately, having no money is not an option).

You can sell your knowledge , skills, provide online services. Be bootstrapped!

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!!

Sell any unused stuff you have at home. TV, video game console, old mobile device, action figures, trading cards, whatever. Turn $1 into $2 and $2 in to $4. Rinse repeat and you'll be a millionaire.

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.

Convince someone with money to invest in you

If you’re low on start up cash and low on experience as a new entrepreneur I recommend checking out r/flipping - it’s a subreddit about buying things (from fb marketplace, yard sales, thrift stores, estate sales, etc) and reselling them for higher on eBay or Mercari, etc.

It’s a good way to learn about buying, selling, cash flow, customer service, etc., and the barrier to entry can be low like $25-50 low to get started.

You can't.

Resources to operate and grow your business cost and it's not free. If anyone say online that it's free then you should immediately block that person because you will be paying much on down the road within your journey..

Anyways Sell your labor then take that money and invest in things plus grow your business.

Hope this 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.

Pick a problem and find a solution. Pick a product you personally buy or use and improve it; make it better, faster or cheaper. Develop something you personally would buy if it were available on the market. If you don’t have capital to start, get ready to work hard instead.

Dropship

Here for the responses.

You aren’t a true entrepreneur until you are leveraged to the hilt and considering bankruptcy is actually a good idea.

eBay things you already own.

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.

You don't need money to be an 'Entrepreneur'.

It's more to do with resourcefulness over resources.

When funds are low, constraints become your playground... you're pushed to think outside the box and find unconventional ways of doing things.

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.

Get some money first.

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.

Find a business that doesnt take money to invest in. Or find ways to get whatever you need in donations. Really depends.

buy business cards with "Entrepreneur" on it.

Sales