Lord Alan Sugar
started selling car aerials and electrical goods out of a van he had
bought with his savings of £100 he now has an estimated fortune of £770m !!
I’m not saying that everyone can amass a great fortune like
this; but EVERYONE can earn some extra income doing something. You just need
some motivation and determination.
I know money is tight at the moment and I know those struggling on benefits can hardly survive let alone invest money into a business. But there are ways of starting something up with a few quid or even with nothing.
It is a long process but if you keep all the extra money you make until you have a nice pot you can then do something bigger & better.
TIPS: Please note that any income earned from buying to sell
or making stuff to sell is Taxable. Always check with your taxation office or business link for more advice
Record all earnings/money made from an early stage…i.e. if
you do surveys how much did you earn per month?? if you buy something and sell
it on how much profit did you make?? You can always see then what’s losing or
making money
Have faith trust me anyone can do this, I started the
business I have now on £10 worth of purchases from a car boot.
This blog is going to show you how to start earning money with
no budget and some ideas that can be started on a very low budget.
Need advice, want help or ideas?? Leave a comment and I will
try my best
Check out Lord Sugar’s and Richard Branson’s autobiographies
there’s a lot to be learnt from them
Remember This blog is not about get rich quick schemes its about starting out with very little capital and building up the capital pot until you can earn more & more in time. This way of financing businesses is also refered to as Bootstrapping.
Bootstrapping is building a business with little or no capital. The
entrepreneur uses imagination, ingenuity and hard work instead of
seeking outside finance.
Bootstrapped ventures earn money
Funded ventures spend money!
Bootstrap finance often has to do with not raising money and not
spending it either, but finding creative ways to achieve your
objectives—hence it is often not to do with obtaining finance at all!
