How To Start A New Business This New Year With No Money (Yes, You Read Right)

Let’s face it; one of the most crucial steps in starting a business is finding the capital.

Some people use their savings in the bank to start their dream bakery. Others borrow from a bank or other financial institutions that extend loan to finally start the automotive shop or store they’ve been imagining all their lives. But whichever business you want to do, it always begins with having enough money to start it with.

But what if you don’t have the financial resources to start the business? Do you just give up on your dreams? The answer is no. You can still open that business that you’ve always even without money.

I bet you have a lot of questions. I bet you’re puzzled as hell on how to make that happen.


Well, the answer to this very trivial single-word question is simple – You.

Yes, you dummy.

I don’t mean you sell yourself to the mafia or become a man whore to get the money you need. What I mean is that you use your capabilities, your talents and your strengths as the means to start that business you’ve been dreaming of.

A business thrives because one puts not just money but also his heart and soul into it. But how do you make it work when money is out of the equation? You capitalize on your assets.

You may ask yourself the following questions. What are my strengths? What are my skills? Are these skills usable to other people? How can I make a business out of these skills?

If the answer to all these questions is a yes, then you got yourself capital for your business.

I know this woman who has a great voice and has amazing social skills. She started with a few hosting stints for family celebrations. She later tried accepting hosting events for her church which honed her skills. It then gave way to hosting special events for other church members where she was paid for.

Because she did great in those events, she was referred to friends of her clients and is often invited to weddings and company parties. She became so in demand that she would sometimes need to take time off her regular job to accommodate them!

Her continued success has now led her to seriously consider leaving her current job and start events coordinating business with the money she earned from her hosting engagements.

You too can do the same. Find out what you’re good at and bank on it. Don’t be a loser and stick around on a 24/7 job you hate. If you’re great at cooking, try working as an assistant chef and then, later on, open your own restaurant. If you’ve got the passion for dancing, you can give dance classes for people in your community and maybe open your own dance studio.

If you think you don’t have any, then develop one. Learn something new, and use it to make your life better.

According to Sophie Kinsella in her bestselling book ‘Shopaholic Takes Manhattan’, “There’s no luck in business. There’s only drive, determination, and more drive.”

And that’s true. Money is a roadblock not a dead end to business. You can reroute your business plans and still get to where you want your life to be – better.

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