Business Without Capital 2022: Are You Sure You Don't Want To Try?

Capitalless Enterprises (Unsplash)

YOGYAKARTA - You don't always need a lot of capital or even a effort without capital to start and run a business. In fact, sometimes you can start with little or no funds. Yes! Being your own business owner, and starting a moneyless business at first may seem like a fabricated idea, but that's not impossible.

It's true that to start and scale any business, you need more than just an extra cash flow. You may need a solid partner, investor, and plan on how you're going to use your new business fund to grow. But, when you're just starting out, you start small. Better yet: you can start small as you please.

If your plan is to open a storefront where you sell handicrafts, you can always start by selling them to friends and family. You can build your reputation and get initial feedback. Then, you can sell them on third-party websites online. After that, you can switch to hosting your own site and e-commerce store. You understand.

If you're worried about how you can start a business with zero funds, here are some ideas where you can start your future entrepreneurship.

Sell your services

The easiest way to start a business without money is to sell your services. Even if you don't have a certain field, getting better than the average person in something means you can start a business that helps them. So, start by looking at things you know how to do better than most people. Packing expertise is into service, such as:

Because you don't have the capital, start with the things you have, such as the experience, knowledge, skills, and resources you have. This is the best investment you will have when you only have zero rupiah.

Don't rule out the service business if you don't have very strong skills. Your time is valuable; busy people often pay an hourly fee for others to perform tasks they don't want (or don't have time) to do. That includes work like:

Many entrepreneurs removed this little business idea because they were afraid of getting a minimum wage. But service-based businesses can be profitable. Several authors let go of generating six points every year in two years running their business. One window cleaner even reached millions within 12 months.

Dropshipping

Dropshipping is a popular business model for entrepreneurs who want to start small businesses without money. It's enough to create an online store and select dropshipping suppliers like DSers or AliExpress. When an order is made, your e-commerce platform will forward order information to your supplier. Their job is to select, package, and deliver orders to your customers.

"As a master's student, I don't have much income, so I decided to learn how to dropship. I decided to dropship on Wish, because it's not talked about dropshiping as often as in your own store or Amazon." Zaid Shahatit, founder of Fighthaus

The best part about droppingshiping is that you can start with a small budget. Instead of buying inventory before being sold, and storing those items in expensive warehouses, vendors will only charge you for inventory when you sell them. Start with IDR 100,000 per month with a Shopify Renewable package.

Selling handmade goods

More like a more practical approach to starting a small business? Turn your hobby into a side business by selling handmade goods through online stores or marketplaces like Etsy. This can include:

We started in the garage, bought powder from the website and got mixing jars from anywhere we could. Our first sample was sent directly with powder in a Ziploc bag and funnel. Carl Starkey, founder of the AWSM Sauce.

So after knowing your business without capital, watch other interesting news on VOI, it's time to revolutionize news!