how can i start a business if i have no capital?

Philippines
March 10, 2012 6:44am CST
i want to have my own business for my baby, but i have no money..
11 responses
@chicgale (2982)
• Philippines
10 Mar 12
Hi bhondie! I wanted to have to have a business before also but I didn't have money to start the business that I wanted. And I asked my husband to help me, and he always refused and always turned me down. So, what I did was, I cleaned up my closet and tried to sell the clothes that I didn't need. Luckily, many of my friends bought my old clothes! So, I bought some new clothes from the money I collected and sold it to my friends and revolved the money and tried posting it on Facebook! And it worked! I am successful now doing online selling and selling it locally. I am into this business for more than two years already and for two years, I made enough money already.
• Philippines
11 Mar 12
i also want to sell some of my dress but i dont know if there are interested with my dress. i tried to resell baby products, but no one is buying.. :(
• Philippines
11 Jun 12
me too, I have no money for a start up capital for my planned business. I have already a business in mind and it is in the franchising business. because i don't have the money for my planned business. I decided to get a loan from a bank to finance my business.
• Philippines
2 Apr 12
I think you really should save up for it. That will be a good motivation why you'e here in Mylot. You can earn here a little and then you can make it you capital. You can start small as business should really just start small.
• Pasay, Philippines
9 Apr 12
That's going to be difficult. You may have started a business without money...but not without any capital. Major things that you need to acquire for starting a business is enough knowledge to keep it running. It could be a skill. In my end I started an accessory-making business with a skill. Then it turns out to be useful because I used it in repairing bracelets for friends and acquaintance and paying me for the service. Resources like raw materials are important. If you can get a friend who will help you oout in getting the necessary components for your product-selling; that's going to be easier. In my end I got my beads from a local shop and remodeling it to something else and making it profitable. Next is a website or a place like shop to put up the products in. It will be hard at first but trust me, it is my bread and butter for years since high school. You can also see my website though!
@stanley777 (9402)
• Philippines
7 Apr 12
I guess starting your own business without a capital to start with is impossible. Unless you have a friend who would provide the capital and wants to partner with you.He/she being the financier and your skills to manage or run your partnership as part of your agreement. Or you can apply for a loan in a bank which need collateral of coarse for easy approval.I hope you can think of something that will best suit your business plan my friend.
• India
24 Apr 12
Hello friend, Try to start a online business. Here you can a free domain at the first time. When you earn from your domain then you can upgrade it. So best of luck for your business. Have a nice day.
@nanayangel (7879)
• Philippines
10 Mar 12
Hi there Bhondie! I think it would be really hard to start your own business without any capital. Maybe you should try getting employed first and start saving money from what you earn for capital that you may use when you start your own business. Good luck!
1 Apr 12
If you haven't got much, then it seems to me that you have to start small and build up over time. You need to maximise what few assets you've got. The first thing is, you've got internet access, so you have the potential to start a business without premises. Do you have any old junk in your house that you could sell on Ebay, just to get a bit of start-up money that you can re-invest later? A lot of people do that - another alternative would be to write and sell ebooks, but that's probably a slower earner.
@flamez3r0 (319)
• Puerto Rico
10 Mar 12
Hello :). By business you mean an actual physical one or a way of making money in general? If you mean an actual one I would say you shouldn't. Even when there are lots of ways, they all involve some kind of risk, and if you have no money to cover those risks you could get in a lot of debt. If you mean ways to make money in general then I would say you are doing good by being here. If you become active enough in here you could make some money, if you require a more direct way of getting money I would recommend using your skills. If you are good doing something, make it and sell it around. If you are good at drawing or crafting stuff you could use ebay to sell it and win some money, then use that money to start a business either by increasing the output of what you are good at (more raw materials, helpers, etc.) or by investing in other things. I saw in your profile that you are quite young so you can change the world if you try, and I hope you start a business and that you and your baby are happy :).
@ardoy0731 (7308)
• Philippines
11 Mar 12
It is really hard to put up a business if you don't have money, the most important to build a business.Try to get loan in a bank.
• Indonesia
10 Mar 12
Before you decide to start a business, make sure that you really want it. Without money as capital almost imposible it will works for you. But there one condition, if you are nice, hardworker, honest and trustable, you can try to be a reseller 1st. Make application for company/ product distributor that u would like to sell. It likes that they hire you, but no, they wont pay you, ou hire your self. The profit will be yours, you only need to get the trustiness from the company partnert 1st. After, you can have more connivance cos they trust you now. Hope this will help.