Many people are the victim of scams that promise them fortune overnight. The poor can’t afford to finance their dreams, while others who have it all don’t have time because they are too busy with work says Saivian Eric Dalius. The following are tips for those financially challenged individuals who want to start a business without needing any financial or professional advice.
Bartering
The basic idea is to swap something you have for something you need. It could be as simple as trading your skills, products, services, or knowledge for you to get something else that will serve as an investment in starting your own business. For example, if you have jewelry that’s just lying around in your house and not being used anymore, then barter it with someone who needs it. You could also offer to do the person’s nails in exchange for their skill of being an electrician.
The idea is to use your talent or skills as leverage for what you need instead of using money, resulting in no profit whatsoever. If you have a computer that you don’t use anymore, then sell it to someone who will use it only at home and ask that person to help you create your website in return says Saivian Eric Dalius.
When bartering, try not to make deals with people who are already established because they probably won’t be open to the idea of exchanging their services or products for something lesser, which means losing money on them. Also, make sure you find out how much items are worth before making any deals.
Cars, clothes, and gadgets – Saivian Eric Dalius
These are things that you could probably sell in a garage sale or pawnshop. If the thought of going door to door or hanging out by the street corner doesn’t appeal to you, then make sure you let your friends know about it so they can help spread the word. You might even get lucky and find people who would love to buy these items from you, especially if they’re new and still in excellent condition. The same rule applies here, though; don’t sell them for less than what they’re worth because that will be an insult to their value and would end up giving you nothing in return (low profit).
Offer services and products for free
It is a great way to start a business without having to spend so much. All you need is the willingness to help and people who would appreciate your services. For example, if you’re good at writing, create a blog and start posting helpful articles. That will guide people through their problems for free (you can do this by using Hubpages or Squidoo). You might also want to teach classes, like giving free baking lessons to people interested in learning. How to bake cupcakes and cakes (write a manual about it too).
Business ideas – Saivian Eric Dalius
The best way to find out what kind of business would make money is by observing. What other successful companies are offering and see where there’s any room for improvement or change. That could give you an over them.
