It’s good if you have sufficient money for your start-up project, but if not, it doesn’t mean you are impossible to start a business with a very little money. You will succeed if you have the right combination of skills, work ethic and a good marketing strategy.

Consider these options to start a business now and you will own your large business in the future:

1. Make something

This option is very popular nowadays for many young people, especially who are very creative. They will need to spend some amount of money at the beginning in supplies, but they can sell it for many times over its actual cost. These products are hand-made, so it’s normally friendly environment and beautiful. People love it and they are willing to pay for it without much suspicion as some chemical products of unknown origin.

You can make some natural and organic goods, such as lotions, lipsticks, candles and more. DIY (Do it yourself) jewelry or toys for children isn’t a bad idea because parents care about children’s safe.

After making your products, you can sell on multiple platforms to get the most exposure possible, such as your facebook account, Google+ page or some online transaction websites.

2. Resell something

If you are not a creative person who can make their own products to sell, don’t give up. You have many other options to start a business with a humble spending. One of them is reselling something.

Do you know the way to do it? You can find items at antique shops, thrift stores, garage sales, online website and resell them online for more than you purchased for them. These products could be old for some people but new for others. So you can sell it for those who interested in it.

For example, you can buy old clothes in Japan and Korea with a very cheap price and sell it online or open a market at home, then advertise on every channel you own to attract customers. Clothese from Japan and Korea have good quality with fashionable design, so many young people love it. You will be succeed with your own market once a week or a month.

3. Sell your service

One way to start a business with a little to no startup capital is to sell your service which converts you as a product, whether you are a doctor, lawyer, marketer, hair stylist, fitness trainer, babysister, housekeeper, whatever.

There are a huge variety of services you can provide based on your knowledge and experience as well as your interest. Some requires a very knowledgable and advanced degree, such as accounting and business analyst, but others are very simple and you can sell it with your patience and your love, such as babysister, house cleaner and others.

When you sell your service, firstly you need to establish your credibility, especially your value which is critical to closing the sale. You need to not only provide the advantages of what you are offering for your customers, but you also have to prove your value in this process against your customer’s goal.

There are a few different way you can accomplish it. First of all, you should build your professional image about yourself on some channel, both online and word-of-mouth marketing are good for your own brand. Secondly, showing for your customers how you can do the job for them and proof of it if you have done before. Don’t forget to mention your old clients who have been satisfied with your service.

Sell your service requires you much more effort and time than spending 8-hour a day in a office. It can be 8, 10 or even 16 hours a day which depends on how much you love your job. However, if you consider your ability as a value product, sell it.

In conclusion

Starting a business requires ingenuity and passion for what you are doing. It is not an easy job. Once you find something you are interested in, work with it immediately. But remember the following things before and after starting your business.

Firstly, turn your general ideas into a specific idea. You can not start a business with only a goal of making sales and earning money. You need to know exactly what products will be sold, who are going to buy it? How will you get paid?

Secondly, don’t be afraid of failure. If you think you can not succeed at the beginning, don’t do anything. It just wastes your time. When you start something, believe in yourself and make it real one day. Failure can be your teacher and become your friends who gives you any precious experience in owing your entrepreneur.

In addition, tell anyone you know about what you are doing. Although your friends are not your potential customers, but their friends could be. Moreover, your friends’ network can be a good way to spread your business to the world.

Moreover, take care of your customer service. Your business is new and small, so besides the quality of the products, you should consider focusing on customer service to bring the best choice for your customers. One of the best beneficial tools for all business now is Live Chat software – Subiz  which helps you serve your customers first before they try to contact you. You don’t have to spend too much money on it, but its effect is over what you expect.

Finally, don’t neglect your business. Once you start, it can be very different from what you are expect. You can lose your startup capital, but don’t give up soon. Always commit to a process of continuous improvement. 1 – 2 small actions every day can take to further develop the project.