FMOOD 0376: How to Start a Business With Little or No Money - a podcast by Tom Merlino | Tom is inviting you to follow him on his journey to get out of debt and get into prosperity.

from 2020-02-24T08:00

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Have you ever wondered how you can start a successful business with little or no money? It's not easy, but it's also not as difficult as you might think.

 

Many folks believe that they need to invest their own money or borrow capital in order to start a business. This simply isn't always the case. Rather than starting a product-based business, instead you'll want to focus on starting a service-based business.

 

The easiest way to get started is to think of something that you do really well that people will pay money for in order to utilize your particular service. Because this business is service-based and shouldn't require anything more than your time, you will have minimal expenses to start things out. This is truly the best way to generate revenue with your new business in the fastest timeframe possible.

 

Once you've gained your first clients, the next step is to gather those all-important positive testimonials. Get folks to talk positively about your business to friends and family, then simply rinse and repeat. You'll gain more customers at a faster rate than you could even imagine, and before you know it, you'll be paying yourself a nice paycheck as your own boss in order to pay down debt that much faster. You can do this! God bless.

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