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Home » How To Start A Business With No Money

How To Start A Business With No Money

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April 8, 2020 By T. Harv Eker Leave a Comment

The biggest reason most people won’t start a business is that they believe they don’t have enough money. But I know that you can create wealth with no money because I’ve done it myself.  While money is a necessary part of the equation, it isn’t the only thing that will ensure your business is successful.

In my video above, I share with you my personal strategies for creating a successful business with little to no money at all.

I hear it all the time: “Harv, I can’t start a business, I don’t have the money.”

The truth is, you don’t need a lot of money to start a business, and in many cases, you don’t need ANY money at all! You just need the know-how. Are you interested? Watch my video above or read on for key highlights: 

3 Strategies For Starting A Business With No Money

Here are my 3 simple strategies for starting a business with no money:

1. Get Someone Else to Fund Your Business

We all know that starting a successful business does require capital – money coming in and money going out, but it is possible to start your business without a lot of money, and it’s definitely possible to launch your business without spending any of your own money.

If you have a great idea, you can look for partners and investors who are willing to invest in your start-up. I’m a major investor, and I can tell you this for sure:

There’s more money looking for good ideas than there are ideas looking for money.

So, what does that mean? If you can bring something great to the table, it could be an invention, a skill, or some intellectual property, there’s someone with money willing to help you launch your business!

2. Leverage Real Estate

That fantastic piece of property you’ve been eyeing might just be the capital you need to fund your business.

Real estate is a fantastic way to create wealth, and if you find the right deal, there are lots of people with money who would likely be willing to help you finance your business venture.

3. Develop, Demonstrate, and Deliver

When I started my very first business, I had NOTHING but an empty storefront and a dream to open the world’s first fitness equipment store. I had a great idea, but I had no capital, which meant I had nothing to actually sell!

I took a big risk and took out a $2000 credit card loan, and persuaded an equipment manufacturer to send me one rowing machine to demo in my store. For weeks, I’d sit in the window of my store rowing away, as people passed by wondering what the heck I was doing! Finally, a few of them ventured inside to ask, and I knew I had my chance! That day, I PRESOLD 10 rowing machines, and the rest is history!

It seems crazy, but you can do this to launch your business too. I call it CUSTOMER FINANCING. Convince your customer to pre-order what you’re selling by making a deposit. Use their deposit to deliver the good or service to your customer, and use your profits to sell more! 

Customer financing is the BEST way to start your business because:

  1. Don’t need any money to start.
  2. Make customers happy.
  3. Can gain momentum quickly.
  4. Create cash flow you can count on.
  5. Don’t have to put up any money!

I know this works because it worked for me and hundreds of my students. And I know it’ll work for you too. 

Ready to take the next step? Join me for my FREE online training called, 

Zero To MultiMillionaire
“The Ultimate Business Success Formula”

We’ll walk through the proven step-by-step process I used to become a millionaire, together.

In just 90 minutes, this class will teach you:

  • 5 principles that I used to go from broke to multi-multi-multi millionaire
  • The one thing almost all self-made millionaires have in common (and how you can choose to be like them)
  • The “Ultimate Business Success Formula” that’s been used thousands of times without fail
  • And a whole lot more

Click here to register and select a date and time that works best for you!

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Are you ready to start your business? We’ve got your back! Let us know how we can support you in the comments!

For your freedom,

T. Harv Eker

 

 

UP NEXT:

Will You Follow Passion Or Profit?

 

 

Filed Under: Business, Entrepreneurship Tagged With: entrepreneurship, starting a business

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