I Have No Money To Start My Own Business! Does It Matter?

by Arturo F Munoz
(San Francisco Bay Area, California)

The Wall Street Journal says that you don't have to break the bank to start a business. The fact is you don't even need a bank to start a business.

Here's the story of 3 entrepreneurs who launched their own businesses - for less than $150.

There were 2 ground rules to achieve this:

  1. The owners had either to pay themselves a salary or reinvest substantial profits into the business. That keeps the business going.

  2. The owners couldn't be experts in their fields, since the idea is truly to start a venture from scratch, as if you knew not exactly what you were doing.

I like these rules. It keeps the test not only real but genuinely hard to pass.

What did the researchers discover?

"With creativity, commitment and resilience, an entrepreneur can turn even a small investment into an impressive business.

See? This is what I've been saying all along.

But, of course, you do need to know what you're doing... And this is what I like to help you with!

You can read these 3 inspiring, hands-on, real-as-life stories here.

Keep in mind the importance that time horizons had on these 3 entrepreneurs. They started on a shoestring. But within 6 to 12 months all of them had achieved very narrowly defined objectives.

And so can you.

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