Capital is the reason most widely given as an excuse for not starting a business.
Do you want to understand the way to start a business without capital? Don’t bebothered. However, If you’re anxious that starting a business without capital isn’t possible, then I’ll prove to you that you can start and become a business holder without spending a dime!
First off all, everyone has access to start-up capital. Capital isn’t always money or cash. Sometimes, it’s an agreement. Many people start their businesses without any start-up money of their own.
In business you don’t need capital, all you need is customers. If you have capital and no client you aren’t in business. But without capital and plenitude of guests, you’re in business and can make plutocrat anytime any day!
Before we proceed, let’s examine the reasons people find it delicate to access capital. These includes-
Notion that capital is always cash.
Capital are some things that creates us ready to start and run a business. Not always in cash.
Not willing to pay for capital
Payment for capital aren’t always in money or cash again, it could be in the form of handwork, time, tenacity and persistence.
Not wanting to start gradationally or small and grow or make it up.
Not being aware of you own assets.
The house that you have or live in is an asset; which includes everything inside the house. This includes the refrigerator, cooking utensils, chairs, computer, skills, knowledge or experience. In other words, assets is something that can make money for you. Think of a business idea that can be run with the assets you formerly have.
Having the mindset that it takes money to make money.
This statement is not for entrepreneur except for investors. Entrepreneur is about making money from nothing while investing is about growing your money.
Misconception about the true meaning of capital.
We generally associate capital with money. There are numerous other forms of capital that aren’t related to money but with the right business plan, they can be turned or made into cash and a successful business.
Inability to sell the various sort of capital.
The purest kind of business is once you’re ready to sell. And the sweetest form of selling is when you’re able to sell without any upfront cost.
Hope you find this information helpful?
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