How to start your own business with less money, no questions asked


To start your own business with less money, you need a solid plan. Because success comes with hard and smart work. You have to put more work towards your business when you have little money to invest. There are many options but you need to plan how you want to start your business and what kind of business you want.

Don’t let lack of money hold you from starting your very own business

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It is not always that you need a lot of money to accomplish your dreams of starting your own business. The only thing is that you need passion and control over your emotions to start. Taking action is the very first step towards the accomplishment of dreams.

Now, coming to the point of starting your own business, you need to take care of some things which are necessary if you want to succeed.

Do your homework beforehand

There s nothing new in this one but if you want to accomplish what you want in your life, you need to do your homework. You should have a solid plan of what you can accomplish your self and what needs to be delegated. When starting out solo, you have to do most of the business-related tasks yourself. This will be possible only with a solid strong plan and very clear focus.

Visualise yourself succeeding in the business

Clearing your mind blocks will let you make the plan required for a successful business. Maintain a ‘can do’ attitude and start thinking about the skills you have and you will need for this business. You will need the required motivation to step into the arena of this competitive world. I know when you want to start a business from home, it really becomes important to keep yourself motivated enough to start and hold on to the idea.

Start with your own skills and knowledge

If you want to start with something right away, use your present knowledge and skills. This helps in saving time because you already have the required skills which will take less time to start. If you want to learn something new, it can take some years to learn and make the required change.

The very first thing which comes to mind is whether the project I m starting will be profitable or not? Nobody can answer this because it is only you who can find out after working on it.

Do most of your tasks yourself

With no money or very less capital, it becomes important to do most of your tasks your self and save money from everywhere. I know it is really hard to do everything yourself, but it saves you a lot of money when you are just starting out. Even if you are keen on doing everything yourself, you may lack totally on some skills. Outsource those skills and be at peace with the quality of the work.

Start small

Yes, my friend, when you are starting out it is better to start small and then scale your business later. When you know that the capital you need for a business is a lot more than you have, it is in your best interest to start with whatever you have. If you want to start a business idea without any money, the business should fall into these categories.

  • Coaching
  • Software development ( anything related to graphic designing, apps etc)
  • Physical products ( needs more money to start )
  • Dropshipping
  • Freelance writing services
  • Online courses

If you are looking for some ideas to start a business but not clear about, you can read my post about business ideas you can start with low money

Build your savings

I think you will agree with me on this one that when you have to put some money and time towards your business, building your savings for at least 6 months will give you a cushion. Start today by building your savings account and make a goal of saving for at least 6 months in the shortest period possible.

Starting a business will not happen in a single day. It is a long term plan. So you should plan for a long term for how you will survive while working on your business and what you will do if you face some financial problems.

These are the preliminary steps you need to take to get ready to start a business.

Let us see how to start your own business with less money

1. Make a business plan

Creating a business plan will help you figure out your present situation and where you want to be in the coming years. The key points are

  • What is your present situation in terms of finances, ideas and expertise
  • How many tasks can you handle yourself
  • What you can delegate
  • SWOT analysis

2. What problem your business will solve

Never ever underestimate the power of this word VALUE because your business should solve a problem and should provide value to customers. When you will be finding out your own skills and expertise, you will come across how your skills can add value to the lives of people by solving the problems they are facing.

If your business idea will not help people then who will pay you? When you know what specified problem your business will solve, t becomes very clear and easy to create a business plan that will help you

3. Make specific goals with time frame

Decide your plan

Planning is the most crucial part of the success of any business. If you will make a plan and execute it with the right mindset, most of the work becomes easy after that.

As Benjamin Franklin said “ If you fail to plan, you are planning to fail.

Setting different goals will help you to focus on the most effective tasks. Divide the business-related goals into Long term, Midterm and short term.


Goals let you break bigger tasks into smaller chunks to

I think you will agree with me on this one that creating goals is the single most thing without which nothing could come to fruition. To set specific goals for your business, start with the mission statement for your business.

The kind of goals you will need for your new business

  • The mission statement for your business
  • Time frame to start a business
  • Create a road map of how you will reach your mission and end goal
  • Tasks required to accomplish your goals
  • Divide those tasks into long term, short term and midterm
  • Always write the time frame to accomplish a certain goal

4. Create a digital marketing strategy

While starting out, it is important to use free resources as much as possible. Digital platforms have made it possible to promote your business and skills for free organically. Or if you like, you can still use the paid method to reach more people. We will leave the paid method for later. Facebook, Instagram, Pinterest are really great places to use free resources.

The digital world and social media platforms have made it easy to advertise your business for free. If you have an idea for your business, create a Facebook page and Pinterest account from day one. It will take some time to work but if you will be ready with the initial set up, it will be easy for you to scale that up. Gradually you will start having followers and engaged people on your business pages.

5. Network with fellow business owners

Though there is a lot of competition, not everybody is your competitor. Networking with likeminded people and those who are business owners like you can help you a lot.

If you think that you are not good at networking, learn this. Come out of your comfort zone and start networking. Send some emails and make phone calls.

Practice it and you will see the results in coming time. In the business world, it is a symbiotic relationship to grow together.

6. Work on your personal brand

Establishing a personal brand can help you stand out in a crowded business world. Your unique personality and brand awareness will help you succeed in your business.

If you need some help in branding your business, you can check here with Colette Broomhead. If you want, you can check her services or she has really good free stuff on her website to start with.

7. Stay committed and

Increase your commitment and stay committed. It is very tricky to stay on your goals while working from home because there are always a lot of things going on.

There are always millions of things to do when you are working from home. If you have a full-time job also, you will need double commitment.

It all boils down to how serious you are in building your business.

8. Create a website for your business

Here is something, we can both agree on that in this digital world, no business can thrive without a website or a blog. Content marketing helps in getting your business in front of people and if you are doing something online, creating a website and writing helpful content helps you in building authority.

The best part is you don’t have to shell out a lot of money to work on your website. You can create a website with less money you will spend on your dress. If you want to create your own website and want to create a blog, you can sign up with my 7-day email course to build a professional blog.

9. Create profiles on social media platforms

Social media platforms are not only to share cat videos but also great for businesses because money is there where people are and social media platforms have a lot of people daily come to them.

If you want to start your own business but don’t have any idea, choose from these business ideas to start a business

1. Online coaching

If you have skills and can teach people those skills, you can start your online coaching business. It is also a lucrative idea while establishing your online business.

To be successful, you should have continuous clients to work with them.

The only catch is that other people should be interested in these skills.

How to start an online coaching business

2. Create an online course

Some people have built their online businesses around online courses. How much you can earn totally depends on the value you can provide.

Also, you should be able to market your course correctly to the right people. It means good sales funnel to sell your course will have a positive impact on your success.

You need to have an

  • An incredible Idea
  • Be committed since day one and keep the motivation
  • It should solve a specific problem

3. Start writing and be a freelancer

Freelance writing can be a very lucrative business idea once the initial hurdles are cleared. To be successful at writing, you don’t need fancy degrees, but you should be able to write engaging content.

You may not be able to charge very high rates in the beginning but as you and your portfolio will grow, you will be able to ask fr better rates.

In the beginning, you will get somewhere around $50 for a long well-written article but as your client base will grow, you will be able to earn anywhere between $250 – 500 per article

57 places to find freelance writing work as a beginner


  • You will need just a computer
  • A quiet space to sit and write
  • Online Grammar and spelling checker app

4. Online Ecommerce store

eCommerce is growing very fast and experts predict that this industry will grow more than 3 trillion dollars in revenue in coming years.

Shopping online is becoming easier and easier as well as a common norm.

With platforms like Shopify, Bigcommerce, Woocommerce, it is relatively easy to start an online store but making it a success is a bit difficult but not impossible.

If you like to know how to start an eCommerce store, read this beautiful post.

5. Start providing Social media management

Social media platforms, if used correctly can help build an online business. The problem is that using social media for personal reasons is very easy but for marketing the business, it requires a different type of skill set.

Small businesses require social media managers for this. If you think that you can help others succeed in their social media management, you can earn good money.

How to become a social media manager

6. Virtual assistant services to help businesses

To start working as a Virtual assistant can be a great business idea. There are so many options like email management, administration, bookings, social media management, which you can do for businesses.

7. Ad agency

A digital ad agency can be another option to start your own business. A solid understanding of digital marketing will be required to excel as an ad agency.

As a beginner, it is easy to start as an independent contractor and then after gaining some exposure, go for ad agency.

8. Start an SEO services business

SEO optimisation is required for online businesses and websites. If you can help websites to show up on the first page of Google, you can start providing SEO services.

9. Start professional money making blog

Many bloggers are learning good income from their blogs. Creating a blog is easy but taking it to the level of earning money takes some time. It depends on how you treat your blog.

As with any other business, it requires a clear goal, what you want from a blog.

I have seen many bloggers who got success early but some are like me who take a bit longer to succeed. It is like a marathon not a sprint. If you will stick to it a success will definitely come.

Sign up with siteground and start your blog today

If you really want to start a money-making blog, you can sign up for my 7-day email course

10. Graphic design services

If you have graphic designing skills then you can start your online business around this. Graphic design is a broad discipline. There are so many categories which come under graphic design.

  • Logo making
  • branding
  • Infographics
  • Web designing
  • Social media designing and many more

You need to figure out which one is your speciality. Also, pay attention to the skills which you want to hone in order to make you more skilled.

How to start your own graphic design business

I think, by now you will be ready to start your very own business to work from home and be your own boss. If you have some apprehensions, you can ask me anything.

How to make money on Pinterest without a blog

I hope you like my post and don’t forget to follow me on Pinterest ?

Love, Gursimrat

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