How to Start a Business with No Money in 2020

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how to start a business with no Money

In today’s post, I want to cover a lot of questions. I get through emails, WhatsApp, Facebook, and other social platforms.

Questions like:.

  • How to start a business with no money?
  • I am in high school, how do I start a profiting per time business with no money?
  • I am retired, how can I start a side business with zero capital?
  • What should I do am out of resources?

So without wasting time let get started.

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How to Start a Business with no Money

Start a business with no Money

When you have no money, how do you start a profitable business? Very simple.

GET A JOB!

Forget all the lies you have been told lies that you can start a business with no money and earn up to $100 daily recurring income.

It’s just too good to be true.

Lies that you can start a fully-fledged affiliate marketing business with zero capital and earn an endless stream of income.

They are all Internet Marketing techniques (Sales Letter) used to draw your attention towards buying into what they have to offer.

The one way to start a business with no money is to GET A JOB.

Yea, you need some money coming in to do anything.

  • You want to improve your skills.
  • You want to get an education.
  • You want to buy that book.
  • You want to promote your business.

YOU NEED MONEY!

Let me brief you on my story about how I started Mitrobe Network with zero money.

How I Started Mitrobe Network with Zero Money

At first, I was so eager to dominate the online business platform, I have developed so many skills over time, and I want to explore more.

Meanwhile, as a student, I’m living paycheck to paycheck, 90% of my money was going into funding my education. It was so sad.

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But then, I had to take a side job, I go to work during my lecture-free days, and in my spare time, I go to YouTube watch free tutorial videos, and also buy into paid courses to build my portfolio.

And then, with my side job, I was able to make a good profit, I started with my first high-income skills, which is freelance writing.

I created an account on Fiverr showcasing my freelance writing gigs, from there I got freelance jobs, and sometimes I do get jobs directly.

But I was in pain. Most of the time, I was the one who does the advertising of my Fiverr gigs on the social media platform to get client, and at the end, Fiverr do get $2 on every job I have done.

So, I start to hedge my income, and at last, I was able to generate funds that’s enough to start-up Mitrobe Network, and over the years, I have been earning money on a passive term.

Now it your turn.

You can’t just sit back, read up articles on how to make money online with zero capital, watch videos of how people are making money, and start questioning  HOW DO I MAKE MONEY WITH ZERO CAPITAL? 

You start complaining, WHAT SHOULD I DO!.

You have to do something, and that by getting yourself a JOB.

After, breezing through my short story of how I started Mitrobe. You should notice that the needful thing to do is to get yourself a side job to keep the cash flow coming in so that you can fund your dream business.

I don’t care what job it is, but it should be a legal job, something you can be proud of, something worth doing.

Get some money coming in, nothing wrong with that,

  • You can become a cleaner,
  • You can be an errand guy or work in a supermarket.
  • Work in a restaurant, or stock cans in a shop

There’s is nothing wrong with that.

You cannot just say.  “I GOT SO MUCH PRIDE”

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If you cannot get a job then forget about getting money. Do that First. 

Then after you got a job, you can now go further on how to get more money.

In your spare time, decide to learn a HIGH-INCOME skill, here I have outlined the top 20 profitable business skills.  

What is High-income skill

I define high-income skills as skills that you can employ to get $10,000 or more per month or $120,000 per year or more.

It is not a business. It is a skillset that you have to develop and you can offer to the market place in exchange for money. 

Examples of high-income skills

  • Freelance writing
  • Graphic design
  • Web Development
  • Consulting
  • Logo design

I have shared how I made of N100,000 in a space of 2week in Ethereum Networking marketing.

Moreover, I have hosted a free Telegram community Mitrobe Crypto ‘World, where I provide free lectures about Crypto business, investment, and guides. You can join with the link below.

So at daytime you working your day job while at night, you develop your high-income skills.

You start earning and earning more money from your day job and your high-income skill gradually.

Let say your high-income skill is freelance writing. You can start from scratch by signing up with freelance job websites like Upwork or Fiverr.

You create your gigs, you get jobs done for clients, and you get your pay.

Also, you can reach out to news blog owners and offer to be a writer for them, there is so much of opportunity out there.

When your high-income skill starts providing you up to 5k to 10k,  then you can quit your day job (or scale it) and then pursue it full time.

You are getting up to 15k to 20k In a month and from there paying your bills also.

You are eating it a good idea to eat because health is wealth, you taking care of your family, you got a roof over your head, then from there, you can choose to start a business and become a TRUE ENTREPRENEUR.

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Here I use the word TRUE ENTREPRENEUR and not just ENTREPRENEUR  to signify something.

And that how it goes from there, you begin to make more income running your business, and also with your high-income skills. 

How to Get Started

How to Start a Business with No Money in 2020 1

Now the problem with you is that you know a lot of successful people, you have read a lot of their success stories, maybe over the internet or on Forbes.

You even fan some, am not saying it wrong, but You do have a dream to be in their level of success overnight without getting through the steps.

It doesn’t fucking work like that, except you want to engage in illegal businesses.  You need to follow the ladder. 

  • Get a Job
  • A Side hustle, and
  • High-income skill. 

Stop asking questions in the level of business you are not into.

You are in level 2, and your asking issues related to level 5, wrong. Ask questions on the level you are in,  go through All the steps.

Don’t get overwhelmed, stop daydreaming when you see people on Instagram or any social media going on vacation, living a luxurious life, driving a car when your daily income is not even up to a dime.

 Please don’t do that It self destruction. All you need to do is  GET A JOB. 

Food for thought

If you want to learn how to start a business with no money, then get a Job.

You need money to do anything, or I’ll say everything. Remember you can never start a business with no money.

First, get a menial job, and hedge your income to starting a profitable business.

To your success.

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