How to start an online business with no money

Last Update: December 08, 2015

Many people around the globe either hate their jobs that suck energy out of them, or they can’t get a job at all. Some of them feel like starting an online business to escape misery. Enthusiastic individuals immediately confront a serious problem – lack of money. How to start an online business with no money?

Be creative

I compare money to air we breathe every second of our life. We know the air is there but we can’t see it, can we? We know our bodily functions depend on it, but we take it for granted. Money works in a similar way. There’s plenty of money around the globe, though we can’t see it. So how do you do that magic trick of uncovering money? By being creative and doing things outside the box. Almighty Google generates nearly 50.000 hits on a simple search: “how to find money online". Will you find money just by typing five words? Unless you’re the luckiest person on Earth, you probably won’t. Try eBay sales, Amazon or any other affiliate marketing – it goes without saying you’re doing WA already - blogging, content writing, information product selling, crowdfunding if necessary and so on. Build a new image and sell your knowledge and skills on the web. Try and be ready to fail. Accept it as a normal part of the process.

Sometimes you can’t do it by yourself

Humans are community driven creatures, Aristotle argued two millennia ago. Though some of us are introverts who would rather do things on their own, sometimes it’s necessary to ask for help and guidance from others. Try to overcome this mental obstacle for it could determine whether you succeed or fail. Humans have accumulated copious amounts of knowledge that no single person can possible fathom, let alone understand. We need assistance from others so don’t hesitate to say “I need help with this!” Some people will always step in, others will ignore you. Be ready for that.

Time matters to other people

Some people can’t help writing huge emails. Imagine receiving such an email, no highlights, no bullets, no bold, no split paragraphs, no nothing. It’s painful. We usually ask for help from more experienced, knowledgeable and successful individuals. They usually have less time than you do so if you want others to help you, try helping them first. Write short messages they can scan and read within a minute. Get them hooked on you message and offer clear guidance about what you expect of them. You may get lucky.

Learn, learn and learn

The world is a beautiful place but it changes on a daily basis. If you fail to jump on the surf, the waves of changes will crush you against the cliffs of inactivity. Learning must become your regular, daily routine. Read as much as you can, make notes, turn some of your notes into articles, get yourself moving. Try to get free knowledge that’s widely available on the web, and don’t give up if its hidden. If you’re willing to dig at places others rather avoid, you may discover life-changing information. Learn new skills like design, marketing, communication skills and so on.

Focus on doing

Now, consider this. You’ve got an idea, it sounds absolutely hot. You dream of making it happen and dream and dream. One day you reluctantly acknowledge – I didn’t do anything about it. Don’t panic – it happens to the vast majority of people. The question is, how do I get myself going? Answer is – get started. Don’t worry too much about fine details at the beginning, because they don’t really matter at this stage. What matters is the backbone of an article you are writing, future service, product, sales pitch, anything you have in mind. Right now, for example, I set my timer to 30 minutes, I have an idea broken down into four chunks I fill in with words that come from my experience and I don’t bother about the style, grammar and so on. I’ll get back to these when I see the crude features of my “word sculpture”. I got back to it, now I have five paragraphs and I’m happy with it as it is. Is it perfect? Of course it isn’t. But can you get anything perfect in 42 minutes (12 minutes over my scheduled plan)..

If you haven’t already, start doing. Good luck!

Join the Discussion
Write something…
Recent messages
JewelCarol Premium
Good and great tips, enjoy yr blog post, thank you Mudre. ;))
Reply
MudreM Premium
My pleasure Jewel. Thank you.
Reply
Jovestone Premium
Absolutely wonderful, Mudre! I'll star this one!!
Tarja
Reply
MudreM Premium
Thanks a lot Tarja.
Reply
gappleby Premium
Excellent! I love the emphasis on doing and on not expecting perfection.

Perfection and production can't co-exist. In fact, perfection by itself DOESN'T exist! And the great thing is it's totally unnecessary.

Generally speaking, the 80/20 rules applies, even when creating paid products. The first 80% is about delivering real value to your customer. That last 20% is about you looking good. And the ROI to get that last 20% is miserable.

Thanks for putting the emPHAsis on the right syLABles :_).

You rock!

Gordon
Reply
MudreM Premium
Thank you very much Gordon. I appreciate it. The 80/20 rule is something I wanted to write about in one of the following posts actually. Everything in businesses translates to it, this way or another. Cheers.
Reply
AlexEvans Premium
Thanks for sharing, Mudre. Some really good advice and tips.
Reply
MudreM Premium
My pleasure Alexander. Thanks a lot.
Reply
KatieMac Premium
Great post and good guidelines to get going and encouraging thank you
Reply
MudreM Premium
You're welcome Katie.
Reply
KariLee Premium
Big thank you! Great post! This one is going to be saved in my folder to refer to again, and again, and probably again.
Reply
MudreM Premium
Well thank you Keri. I really appreciate it.
Reply
kennick2015 Premium
Thanks Mudre. "The secret to getting ahead is getting started".
Reply
MudreM Premium
Always Ken. You're very welcome.
Reply
OldMCSEGuy Premium
WA is a great place to begin.
Reply
MudreM Premium
It is. Thanks.
Reply
2Al Premium
Great tips to follow. Thank you for sharing.
Reply
MudreM Premium
You're welcome.
Reply
AlejandraB Premium
Hi Mudre, great blog,
Reply
MudreM Premium
Hi and thanks Alejandra.
Reply
dickw Premium
Hey Mudre.
This is really a good one. You were inspired when you wrote this. It shows. And it feels good to those of us who read it. My desktop is crowded, but this one is headed there now. Thanks....Dick
Reply
MudreM Premium
I was inspired Dick. I myself feel confused at times so it serves as a reminder to me as it does (hopefully) to others. Thanka.
Reply
dickw Premium
Quality dude, quality
Reply
MudreM Premium
You reckon something similar's worth publishing outside WA?
Cheers
Reply
dickw Premium
I reckon so. I think that if you don't, you would be depriving the "great unwashed"--just kidding--of some very useful ideas and motivation. And the world could use it. Further I don't know what your thoughts are on vibrations. But this I know. They move across cities, states, nation states, and continents at the speed of light. We need to be putting out more good stuff.....like this--your stuff. Fer shure!
Reply
MudreM Premium
Thanks Dick. I am meticulously working on my website dedicated to the creation of quality content. I hope people will like it.
Reply
GeorgeEkman Premium
This great Mudrel, Keep up the good work, You are a great inspiration
Reply
MudreM Premium
Thank you George.
Reply