Learn How to Start a Business without Money

Could it really be possible to learn how to start a business without money? As a Start Up Business Consultant, I have been asked this question more times than I can remember. Don't be surprised when I tell you that the answer is YES! All things are possible - you just need the faith to believe and the know-how to get the job done.

I know you can learn how to start up a new business without BIG bank loans and a stockpile of start up cash, because I've done it successfully. Now that we established that fact, the real question is how. Now let's get started exploring how it's done. The first step is to address how NOT to start a business, by looking at the "Dos and Don’ts" of financing a new start up.

Start Up Financing Dos and Don'ts

• DON'T Ever Finance Your Start-up With Credit Cards
• The interest rates are too high!
• DON'T Borrow from Family & Friends
• Preserving close relationships is much more important than money.
• DON'T Borrow Against the Value of Your Home
• Risking your family home and depleting the value of your biggest investment is not smart!

Unfortunately in America, we put such a huge emphasis on building everything on credit. We obviously have not learned from some of the most painful lessons of our history – like The Great Depression.

As a child, my Grandmother often told me stories of how she and her sisters survived living through the depression - and the many great hardships they endured as a family. I certainly haven't forgotten those lessons that she'd taught me. I can remember my Nanny buying a car when I was 10 years of age. She toke out $6,000 in cash and paid the salesman. I'll never forget the look on his face when he watched her take that wad of cash from her purse and count it out. He was wide-eyed and awe-struck.

I'm not suggesting here that there is never a time to use credit. What I am suggesting is that you consider every purchase an investment. Will you gain and come out ahead? Or, will you lose by paying more than your investment is worth because of repayment interest charges? These are principles to live by when learning how to start a business without much money of your own.

• DO Create a Life Plan
• How can you finally get to where you'd like to be in life, if you've never really mapped out a plan?
• DO Outline a Personal Budget & Long-term Financial Plan
• Getting your personal finances in order is one of the most important steps in learning how to start a business without money.
• DO Learn the Art & Science of Bootstrapping

Boostrapping is an art because you must learn how to master it with skill. It's also a science because there is a right way and a wrong way. Learn the proven formula and you have the recipe for start up success. Make your dreams of small business ownership a reality. You can learn how to start a business without money by greatly reducing business start up costs and operating expenses. Eliminate or reduce these start up business costs and you'll discover the secret to starting up on a shoestring.

Ready to Get Started?
Check out "The
Start Up Business Survival Guide: 101 FREE Products and Services to Help Finance Your Dream of Successful Business Ownership.