Businesses You Can Start with No Money | Business Town

Businesses You Can Start with No Money

 

Many people believe that they cannot start a business without any money.

Well, I’ve got great news for you. It’s simply not true!

There are lots of good businesses you can start with no money.

Here are 3 types of business ideas you can start for free:

  • Simple services
  • Selling your talents
  • Internet businesses

In this article I’ll give you some great business ideas that you can start with no or very little money. But first let me introduce myself.

My name is Bob Adams and I have started 17 businesses. I also have a Harvard MBA. Most of my businesses I started with less than $2,000 – including one business that I sold for $40 million dollars.

I also started several businesses with virtually no money whatsoever.

For example on a summer vacation from college I started a house painting business with no money. I asked my first customer to advance me money for the paint and all my supplies.

I have found that having money and experience are not the most important factors for succeeding in business.

What matters more is choosing a great business idea.

Here are my best business ideas that you can start with no money:

Simple Service Businesses

There are a lot of simple service businesses that you can start with no money. You can grow them at your own pace into a highly profitable business.

Plus you don’t need experience for many of them. For example I started my house painting business without any house painting experience.

  • Dog walking
  • House painting
  • Lawn service
  • House cleaning
  • Professional organizer
  • Junk removal
  • Mobile car detailing
  • Grocery delivery
  • Party planning
  • Senior companion
  • Handyperson business
  • Carpet cleaning
  • Walking tours
  • Gutter cleaning
  • Plant watering service

For my expert advice on these ideas, plus even more ideas, see my comprehensive article, The 300 Best Small Business Ideas.

Selling Your Talents

If you have some talent or skill why not turn it into a business? If you’ve got some marketable skill you can probably charge high hourly rates and relatively quickly build a clientele. These businesses you can also start with no money.

  • Personal trainer
  • Freelance writing
  • Tutoring
  • Art lessons
  • Bartending service
  • Music lessons
  • Consulting
  • Selling crafts
  • Resume writing
  • Jewelry design
  • Chef for hire
  • Interior decorating
  • Knitting lessons
  • Photographer
  • Yoga classes

Internet Businesses

There are a lot of Internet businesses you can start with very little money. You might be able to make a fortune if you can develop a highly popular blog or website. But the more sure bet for making money in the Internet space is for service type businesses. Just like with any other business, you want to carefully plan and start your Internet business.

  • Social media service
  • Selling on eBay
  • Dropshipping
  • Virtual assistant
  • eBooks
  • Etsy selling
  • Start a blog
  • SEO specialist
  • Affiliate marketing
  • Selling domain names
  • Smartphone apps
  • Website design
  • Custom T-shirts

How to Start Almost Any Business With No Money

Almost any business can be financed if you can find the right investor or willing lender.

Friends and family are the most common financing source. Angel investors – wealthy professionals and investors who invest in startups – are another common source.

Other financing sources include crowdfunding, online lending, merchant cash advances, SBA loans, personal loans, government grants and many more.

Conclusion

Don’t let the lack of money or lack of experience be your excuse for not starting a business! There are plenty of excellent businesses you can start today with no money.

What will be more important in determining your ultimate success will be choosing a great business idea – and also learning everything you can about how to start a business.

For More Business Ideas

Check out BusinessTown’s most popular article, The 300 Best Small Business Ideas. This comprehensive multi-page article offers expert advice on every business idea. Includes home based, online, steady income, low cost, product and service ideas. Many of the businesses on this extensive list can be started with $2,000 or less.

Start Streaming the Courses on BusinessTown

Learn how to start and run your business by watching the many courses on BusinessTown including How to Find a Business Idea, Start-a-Business 101, How to Create a Business Plan and Finance Your Business – The Best Options. You can try BusinessTown for free.


QUIZ: WHAT BUSINESS IS BEST FOR YOU?

QUIZ: WHAT BUSINESS IS BEST FOR YOU?