Home business with minimum capital / myLot

Philippines

March 8, 2016 12:15am CST

I am planning to have a small home business with just a minimum capital. I have searched online but most requires big amount to start up. I am holding a job now and I want to use my spare time doing a simple business. I wonder how and where to start.

3 people like this

6 responses

dazzledlady

@dazzledlady (1618)

• Philippines

8 Mar 16

Oh, I also wanted to have a sideline business as being an employee in our country cannot sustain our expenditures in life.

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weird_oh_me

@LdeL0318 (6400)

• Philippines

8 Mar 16

Exactly. Even if we have a job here it still cannot sustain the daily needs. That's why it's better to have some extra income.

Margaret Mwangi

@Missmwngi (12915)

• Nairobi, Kenya

8 Mar 16

It is the same here;salary is no longer enough

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dazzledlady

@dazzledlady (1618)

• Philippines

8 Mar 16

@LdeL0318 yes, but you have to invest time as well . if you have some ideas please do share it with us.

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moonchild117

@moonchild117 (1990)

• Philippines

10 Mar 16

I think you're off to a good start with selling your pre-loved items. Earns you a bit more money plus you get to declutter the home, too. It's hard to find a business that has minimal capital needed. Although one of these would be online writing gigs. That's what I do to supplement my daily wage.

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weird_oh_me

@LdeL0318 (6400)

• Philippines

10 Mar 16

@moonchild117 Yes, selling pre loved items is great too, though you only got to sell once in a while. You can't really rely on it.

weird_oh_me

@LdeL0318 (6400)

• Philippines

10 Mar 16

@Missmwngi yes that's true that is why I'm asking for other's opinion.

Margaret Mwangi

@Missmwngi (12915)

• Nairobi, Kenya

10 Mar 16

It is not easy at all to find one and more so that will also consume less time

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joy

@MGjhaud (23228)

• Philippines

8 Mar 16

you can scout whats needed in your area. putting up a business on your own space can save you a lot. goodluck on your new venture.

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joy

@MGjhaud (23228)

• Philippines

8 Mar 16

@LdeL0318 it is what it is when you start one. cant tell them not to but you can make ways to keep customers come back to you.

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weird_oh_me

@LdeL0318 (6400)

• Philippines

8 Mar 16

@MGjhaud we have a computer shop but then a lot of my neighbors put up the same business. Result is, all of us suffer from small income.

weird_oh_me

@LdeL0318 (6400)

• Philippines

8 Mar 16

Problem with my area is that once they saw what business you put up and it's doing well, they start to put up the same also.

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Jaymie Suh

@cherriefic (10399)

• Philippines

9 Mar 16

We're on the same boat. What I have is an online shop. At least even if I am working, its low maintenance type of business.

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weird_oh_me

@LdeL0318 (6400)

• Philippines

9 Mar 16

Yes it is. I also sell pre loved items online.

Margaret Mwangi

@Missmwngi (12915)

• Nairobi, Kenya

8 Mar 16

Where to start is for you to take time to decide on what to start so that when you do you will be ready for any challenges that come along

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weird_oh_me

@LdeL0318 (6400)

• Philippines

8 Mar 16

Yes, that's correct. I just don't want yo invest on something that won't end up great. But then everything is a risk and we won't know unless we try something.

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weird_oh_me

@LdeL0318 (6400)

• Philippines

8 Mar 16

@Missmwngi I hope so. I would post it here once I settled for a good one.

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Margaret Mwangi

@Missmwngi (12915)

• Nairobi, Kenya

8 Mar 16

@LdeL0318 A good plan will lead to good results and i am sure you will not regret