What is Money?

It is simply a means for people to achieve certain ends and to lead a dignified life. Money is similar to energy. It keeps on coming and going. And the process continues.

Is it the best solution?

This is difficult to answer but there are hardly any other options to choose from.

But for all those who think that money is something very dirty, vulgar and ordinary, the recommendation is to open the mind.

Money, like almost everything, is neither good, nor bad, nor regular. It depends on how you get it and use it. But it is necessary. Whether you like it or not, everyone needs it. If someone thinks otherwise, perfect. Mention why in the comments section at the end of this article.

Most people consider that money is necessary to live and this thinking forces them to learn ways and solutions to earn…In short, one wants to learn how to make money, how to create different sources of income, generate profits or create constant cash flows, according to Robert Kiyosaki. But what for?

There are broadly two reasons – Either to lead the life they want OR at least, to stop worrying.

Having said all that, we can start with the following assumptions:

1. How to generate sources of income is something that interests most people.
2. They are interested because some of them are unemployed. Or, if this is not the case, they may not get enough income (in many countries, working no longer brings you out of poverty).
3. To create sources of income, to make money, you need ideas, solutions and something very important, without which everything fails: a strategy.

And this article proposes a strategy, a way, so that you can finally stop worrying.

Here we go.

1. Make money offering own products or services

This is the first step you can take if you are a creative person. If you are not, move on to the next point. But it’s worth reading, as you never know, it might open your mind, as mentioned above.

How to make money. Creativity.

To create your own products or services (in short, to create whatever you want) you can take into account these little tips:

1. Examine what you’re good at, what are your skills or talents. It will be easier for you to do what you know than what you have to start learning.
2. Inclination for the fields, sectors or activities that you like. This will constantly motivate you to do better and keep you away from things you don’t like.
3. If there are things you don’t know how to do (which there will be, for sure). Either you give it up or cooperate with people who know how to do it.
4. Don’t lose sight of the fact that there is always a natural flow of things that pushes you and puts what you need in the life’s journey. When you tell life that you’re willing, that you’re there, that you want to do things, you’ll get answers! Just open your eyes and stay awake. Sleeping is a rather nocturnal activity.
5. Be aware of something very simple – some activities work in automatic or semi-automatic mode and others do not. If you want time and freedom, you already know where to choose. As a general rule, if you start a certain service you will have to be physically present to provide it. If you create one or more products it is more likely that you can automate the process.
6. When you talk about customers, don’t limit yourself to who passes in front of you. The world is very big and has enough people to sell to…!
7. Try to have fun, have a good time, discover things, meet people, learn what interests you. Remember this is not a job. It’s a game, a fun, a challenge…Don’t be boring, don’t panic or panic because everything is a pleasant adventure.

Read tips on determining what business to start.

In short, creating your own products or services is the first answer to how to make money and generate sources of income. But if you nevertheless feel that the creative vein is not your thing and you are not for inventions, then no problem, don’t worry, move on to the next point.

Read: 9 Steps to start a business with little investment

2. Make money promoting other people’s products

If you don’t want to create anything of your own, offering the products or services of others is also a fantastic solution to earn income. But with passion and hard work.

You can do it either physically, in person, as you have done all your life, or online, through Internet business. It’s called affiliate marketing, And in either case, it’s a way of doing business with which you can of course achieve success.

Advantages? You don’t risk thinking about whether the product will work or not, because it is already doing so. So you’re on the safe side.

Disadvantages? The profits per unit are lower than if you sold one of your products. But don’t be fooled, there is actually a trick – what do you prefer to sell? 10 units for $5 or 100 units for $1? Do the math. But take the word – if you decide to jump to affiliate marketing for making money then the internet offers abundant legit products to sell.

3. Make money by investing money

And at the end, once you start earning income, the next step is to put the money to work for you. Make it grow, make it generate more money.

So here’s how to grow money when you have enough money:

1. Invest in other people’s companies: If you have money and don’t want to start something on your own then, you can invest in other people’s companies.
2. Crowdfunding: What is it? Collective participation, along with others, in third party projects.
3. Loans to others: The money you earn, in turn, you can lend to others in exchange for a certain interest. It’s nothing but private individual working as a bank. This is nothing but crowd lending.
4. Other possibilities: There are other options, as well, needing a little training, such as investing in the stock market, generating dividends in stock markets, debt instruments, etc.

Do not forget, in any case, that money can be invested when you have too much and have no debts or risk of falling into any type of insolvency.

In short, and to sum up the 3 ways to make money are:

1. Becoming creator i.e. produce your own products/service
2. Sell products/service made by others
3. Invest money to grow money

Do you think there are enough ways to make money and create sources of income? Then mention that in the comment box.

Working from home can be really fun. And today number of options are available for running business from home and that too with little investment.

Through entrepreneurship, you can devote time and effort based on your liking. And at the same time you become your own boss and take greater control of life.

In most of the home-based businesses listed below, you won’t need huge initial investment. Knowledge, talent, hard work and smartness are the main ingredients for success for running a successful home based business.

Few of the businesses requires buying some basic materials costing less than $100. And others can be started using resources already at home. And you don’t have to invest a large amount of money to start them.

So are you ready to start generating income from home with little investment?

Let’s get started.

1. Flower Arrangement

This business requires good taste and sense of decoration.

With these qualities, you can start business of creating floral arrangements for different types of occasions: bridal bouquets, centerpieces, decorations for weddings, communions, parties, gifts on special dates …

For further expanding the business, go to the florists / ceremony hall / business venues / convention centers, and talk to their owners/arrangers to offer services.

2. Private Tutoring

Being a private teacher is a profession that is gaining a lot of demand. Because of hectic work schedule, very few people can devote time to visit training centers. So they prefer taking classes from the comfort of their homes.

All that is required is expertise in one or more subjects. You can then start giving private classes online or visit clients’ home and become private trainer.

Don’t just think that training can be given on typical subjects such as Mathematics, Algebra, English, etc. There is a demand for specialized skills such sewing, salsa, computer science, makeup, cooking, or writing…..

The options are endless, if you are skilled.

3. Website and blog design

This is perhaps one of the easiest and fastest home-based businesses to start. With knowledge of creating web designs and web based programming languages, you can start business and work for clients based in any country.

You can create templates or images for blogs, and sell them on your own website or on sites like ThemeForest. Or also offer services to create and maintain the websites of clients such as companies or entrepreneurs.

Simple, isn’t it?

However you need to be technically strong and ready to work in different time zones especially when the client is located in a different country.

4. Personal Trainer

Another booming business requiring a small investment is personal trainer. But note that – you need to have a degree in fitness/exercise and experience to prove yourself to be an expert.

You can offer services through the Internet – giving classes via webcam – or go directly to your clients’ home for proving training.

It is important to promote the business by creating Facebook page, an Instagram profile, and a blog or website, launch Youtube channel, so that customers can contact you.

5. Event Photographer

Everyone likes to keep a nice souvenir of that special occasion spent with their loved ones. And that’s why they hire photographers to capture those moments.

So if you can take good pictures, here’s another profitable business. The only investment needed is buying a good camera.

Start by photographing at some of your friends’/family parties and create a portfolio (a catalog of images) to showcase the skills. And ask your friends to provide references through word of mouth. Hand them over your business cards.

It is recommended to specialize in a couple of specific celebrations such as weddings, birthdays, baby showers, house warming parties…

If you have a room at home not used much then dedicate it to create a studio for family images, or portfolio of models, in order to increase profits.

6. Elaboration of greeting cards

There are still a lot of people who send cards to greet special moments. Or who like to create invitation cards for their friends.

So if you like to design these types of items then turn it into a good home based business opportunity requiring little investment.

Cards can be created using photo-editing applications like Photoshop. And then print the design using a good printer at a good price. Or make designs by hand.

You can sell these designs at stationery stores, gift shops, creating your store on the Internet, through a Facebook page and a profile on Instagram…

There are many occasions for which cards can be created: Christmas, valentine’s day, birthdays, weddings, business meetings…

7. Ecological orchard at home

You don’t need a large piece of land in the countryside to start a business selling delicious organic vegetables.

If you are lucky enough to have a terrace in your house, or a small garden, you can have own garden and plant vegetables depending on the climate in the city and then sell it to individuals or even through the Internet.

Urban gardens are a growing trend, and there is a large market of customers interested in buying fruits and vegetables without chemicals and pesticides.

8. Create your own blog

People spend a lot of time on the Internet today and most of that time is spent on reading information they like.

So would you like to share knowledge and opinions on a particular topic with others and in the process make money out of it? Then blogging is the most profitable home-based businesses which has gained lot of strength in recent years.

You can run advertisements, affiliate programs, offer space for sponsored articles…to generate income.

9. Become a personal shopper

This is the ideal venture if you are shopping and advising other people. The first thing required is specialization in a specific type of purchasing sector.

It is important to have good knowledge about the products that are in the market, and the best stores to buy them.

You can search for customers through friends and their contacts, and creating a blog and write about your purchases so that your readers will be interested in hiring you.

10. Repair computers

Without leaving home, you can start computer repair business with little money in the pocket. All you’ll need is space to work, repair kits, and most importantly hardware/software skills.

You can repair PCs or laptops or talk to business owners in your city to have them call you when their systems stop working.

11. Translator from home

Translation is a growing and never ending market. With so much content produced throughout the world, millions of companies (and even individuals) need people to translate the content.

You can start translating simple texts such as documents or small articles, to entire books or websites and blogs.

Some of the best websites to look for work as a translator are ProZ.com, TranslatorsCafe.com, or Upwork.com.

12. Beauty Consultant

The world of beauty has infinite possibilities to create profitable business from home with little investment.

The options available are – becoming a representative of a brand and sell online or door to door, create an online store with your own products or other companies, give advice on beauty treatments…

The important thing here is to have good knowledge of aesthetics and products that exist today in the market.

13. Small Business Consulting

If you have experience doing business (even if it wasn’t your own) and know how to manage it to make it successful then become a consultant to small and medium businesses.

Many entrepreneurs need professionals to advise on improving their business. And they are willing to pay good fees to consultants.

You can offer consulting via webcam or do it from your own home by converting a room into personal office.

14. Nursery at Home

This is the best home-based business that can be set up if you have small children at home.

You need to arrange home and making it lively so that the children are comfortable and enjoy. Also buy variety of toys for fun to attract and make them feel happy.

Start by taking care of your neighbors’ or your friends’ children to expand the business.

15. Yoga Classes

Yoga is a physical exercise whose demand is increasing drastically because of the health benefits it offers. But most people don’t have time to go to a yoga center, or there are no places nearby to their homes for practicing.

And this is where business opportunity can be created. If you are a yoga teacher, or have advanced knowledge of this exercise, offer private classes.

You can do it online through a webcam, or if you have a large room to teach, or go to your clients’ home by charging extra money.

If you are passionate and want to devote yourself completely to it, a good idea is to attract more students and generate good income by opening a yoga center.

16. Event Planner

Whenever your friends are planning to throw a party, do they call you to organize the celebrations better? Then event planning is a perfect business opportunity.

It’s a fun business with a good income potential with little investment. All required is experience in organizing different types of events and knack of self promotion. You can also create a website to advertise your services and increase traffic to the website.

Organize party for friends so that their contacts can see your skills. This will naturally give more clients in the future.

17. Handmade Candle Making

Although we live in an increasingly advanced world with digital technology for almost everything. But there are also a large number of people who love being traditional. And that’s why products like handmade candles are a big hit.

You need to buy some basic materials such as beeswax, wicks, molds, dyes, and natural smells.

On YouTube you can find many videos to learn how to make them step by step. And then sell it on Facebook, Amazon, your own online store, or at craft market.

18. Personalized T-shirt Printing

For this venture the basic materials required are t-shirts with different colors, good texture, and a small team to print photos or designs on the garments.

Small printer is good for this job, but is expensive (about $300 approximately).

However, there are also specific papers that can be bought from specialty stores which are much cheaper (about 20 sheets usually cost $25).

Here’s how it works:

On a regular inkjet printer, load specialized paper, and print the image you want to stamp.

Once this is done, place the paper with the image on top of the t-shirt, run clothes iron over it, and the drawing will be printed to the t-shirt.

It is a much cheaper solution than buying a special printer. So this is another way to start business without spending too much money.

The ideal is to start this business on the Internet through a Facebook page or creating online store. And when you are successful, open a T-shirt shop.

19. Create your own online store

As you have already seen, the easiest way to start a business if you sell physical products is through an online store. You can sell any type of product to the customers located worldwide.

Starting online store not always requires software skills. These days readymade online platforms can be purchased. These platforms let you create online store in a few minutes just clicking with your mouse, add the required elements, and giving it a professional look.

Of course, customization would need technical skills. But if you are successful initially, then hiring a tech person will make sense.

20. Open a Bed & Breakfast

Do you have a room (or rooms) with its own bathroom and is it private from the rest of the house?

Then you can start a bed & breakfast business where you give accommodation to people who want to stay for a few days, and include breakfast/lunch/dinner at an additional price.

For example, start by renting the room two days a week (Saturday and Sunday), and then rent it for more days in the following weeks if you are successful.

When you make good profits, rent an entire house as if they were a hotel.

21. Make Gift Baskets

From business events to baby parties, occasions like Christmas, Valentine’s Day, Halloween, or birthdays, gift baskets can be made to fit anyone’s taste.

The materials required would be products for these occasions such as baskets, decorative cans, or decorated gift boxes, etc.

Attractive packaging is fundamental in this business. You can’t put the items in any way and expect them to sell well.

You can start this type of business at home by creating an online store and listing different baskets.

22. Sewing Business

Another home-based business is sewing.

You can do everything from simple alterations to the garments, launch own brand of clothing, provided you are good in design and creation.

The best way to promote and attract customers is through your own contacts. So first start by offering services to the neighbors and friends, and request them to refer and tell people about your business.

23. Patisserie at Home

Almost everyone likes desserts – cakes, cookies, muffins, cupcakes… If you have good hand for baking delicious desserts, start own bakery at home.

You can sell variety of sweet foods, but it is recommended to specialize in a specific type of dessert.

You can sell these delicious snacks at parties, have customers pick from house, or sell them online and to bakeries.

Once you generate good income, expand and rent premises in a commercial place and start the business from there.

24. Sell Crafts

Do you love creating crafts at home, like photo frames, dolls, or jewelry? You can make the most of this by starting own craft business.

If you don’t want to move away from home, the ideal solution is to open a Facebook page or an Instagram account. And upload photos of handicrafts for followers to contact you and order.

Once the sales increase, open an online store to further grow the venture.

And if you don’t mind leaving home, sell art work in craft fairs, flea markets, or even in dedicated stores.

25. Create Magazine

This is a great alternative to blogs and earn money successfully.

Choose a specific topic in area of expertise and then start creating different articles with nice visuals.

You can edit the magazine online on platforms such as 123mag (free if it’s digital) or Joomag (free up to 100 subscribers). Monetization can be done with ads or by charging a fixed price from interested buyers.

For promotion – create a Facebook/Twitter page/website.

26. Sell Online Courses

Do friends and family always praise you for something you do well? Then teach others that special skill by creating own online course. This business is a lot like being a private tutor.

Various online courses can be created depending on the skills: cooking, playing an instrument, English speaking, make-up, handle a computer program….

You can offer these courses in different formats, such as video, audio, or PDF file. And sell them on websites like Tutellus, Udemy, Amazon, or on your own blog.

The biggest difference starting a business with this method is that, initially you’ll have to work a little on creating the courses, and then make it available online for purchase. You’ll then be able to sell it multiple times and make profits automatically without effort.

27. Manage Social Networks

Social networks are increasingly important for large companies, small businesses, or people with a blog. This is because they are valuable tools for promotion and attract new customers or readers and manage reputation.

And that’s why many companies or bloggers need people with expertise in managing social network and help in publishing various types of content to increase website traffic.

So if you are expert in managing Twitter, Facebook, Instagram, or Snapchat then turn your expertise into becoming a community manager from home.

28. Massage therapist and physiotherapist

Hectic schedule and work pressure results in stress and as a result living a normal life becomes difficult as muscles do not get relaxation.

That’s why individuals look for masseurs or physiotherapists for relieving stress and get physical as well as mental stimulation.

For this type of home business it is mandatory to have degree that accredits you as a professional. This is because you will be dealing with physical health of clients.

So if you are certified and have necessary equipments e.g. stretcher; you can have customers to visit home and give them massage, or go to their home for providing the service at an extra charge.

29. Childbirth Preparation Courses

In most countries, national health system offers free childbirth preparation courses. However these are always of good quality or there are simply no such places for pregnant mothers.

So if you are educated in this field (or have experience working with pregnant women); then start a business of childbirth preparation and parenting courses.

If planning to offer this service at home, make sure there is enough space and comfort in the room for mothers to feel comfortable.

You can also give these courses directly over the Internet through a webcam, or go to clients’ homes and offer service.

30. Travel Agency

One of the most profitable home-based businesses is online travel agency where visitors are offered stays and flights at good prices.

You can create a website and display travel packages along with their prices. Or create a comparator site offering visitors options to choose from. This option requires development of comparator software.

So as you can see there are many home-based businesses that can be started with little capital bringing good benefits in addition to professional independence.

So what venture are you planning to start from home? Share it in the comment box below.

Many people like to take path of entrepreneurship. And the reasons for doing it may vary – either their job is not enough, or they don’t like it or they simply don’t have a job and naturally need a source of income to live….

But many a times individuals who have been working all their lives for others don’t know how to start a business and think that starting a business always require huge investment.

If you want to open restaurant or a car repair shop, it is obvious that good capital to rent/buy the premises, buy necessary machinery, and hiring employees is required.

But thanks to the internet. With new technologies it is now easier than ever to start a business with very little money in the bank.

Here are 9 steps to take to start practically any venture, if the capital available is small:

1. What do you know how to do and what is your passion?

This is the first thing you should be clear about before starting a business. If choosing entrepreneurship and thinking only about the money it will generate, then better get a well-paid job.

There are many people choose their business idea based only on profitability and the income they would earn. And most of the times, such people have to close their businesses within a few months of starting.

A business isn’t just about making money. It’s actually a long lasting project which serves a purpose, requiring 100% involvement, everyday work, strength to overcome the obstacles faced along the way.

And if you choose doing business, thinking about how rich it will make, very soon you will start to hate it. You will see it as one more uncomfortable job and will abandon it because of lack of motivation.

That’s why before venturing out, two very important things to keep in mind are:

• Business idea is something that you are passionate about, that you like.
• It is about something that you already know and how to do.

To choose a correct business idea, do this exercise:

1. Take paper and pencil. And in one column write all the things you like, and in another all those you know how to do.
2. Write a minimum of 10 ideas in each column. And then see how to apply the skills possessed.

For example:

• If you like to talk to a lot of people, and know how to decorate a house to make it look nice, a business idea for you might be to organize events like weddings, birthdays, etc.
• If you like technology and have good knowledge of computers, you can create own blog, e-commerce website, build applications, or conduct online courses to teach others about computers.

Remember that putting a business idea in the beginning will consume a lot of time and energy. But it is a one time effort and completely worth. And that’s why  always choose something motivating and exciting.

So write down everything that can be though of on a another piece of paper, and then go to the next step.

2. Is your business idea realistic?

Before starting to prepare everything to launch a business, it is very important to do a thorough analysis on whether the chosen business is realistic or not.

Ask yourself following questions:

1. During the first few months, will I be able to manage entrepreneurship on my own?
2. Is it a business for which I will need money? Are the savings I have enough?
3. Is it something people would pay for?
4. Will this business give me enough profits to live on?
5. Will I continue working in this business 5 years from now?

These are very important questions anyone should answer HONESTLY for a successful venture.

If money to start business is not sufficient, the first few months you will have to do it ALL. So be prepared to bear pressure until you hire someone for assistance.

Check the capital you have. If money is not sufficient, starting something big like a physical store where expenses for rent, items, etc., will be difficult unless borrowing money from the bank.

It’s also important to think whether customers would be willing to buy what you want to offer. You may think your idea is fantastic, but that doesn’t mean that the whole world will be excited about it.

The best way to find out is – carry out a market study and analyse who your buyers would be, their purchasing power, whether they buy products or services similar to yours, etc.

3. Create a business plan to succeed

A business plan is VITAL in any type of enterprise – small or big. It is like a map that will tell you the steps to be taken, allowing you to make a prediction.

In any business plan, 5 fundamental elements must be analyzed:

A) The costs and benefits you will achieve

Even if you want to start a business with a very little money, it is important to calculate all the possible expenses.

If company is going to be online, calculate costs such as hosting and domain of the website, shipping if you’re going to sell physical products, the price of materials if you’re going to manufacture the items, etc..

Then calculate the selling price for each product or service. And subtract cost of manufacturing to arrive at the net profit for each item.

B) Your potential market

Analyze which market you are going to operate in, who the ideal customer is, and whether or not that buyer is willing to buy and pay for the products.

Ask yourself questions such as:

• Who is going to buy my products?
• How old are they?
• Are they men, women, or child?
• What are their interests and tastes?
• Why will they buy from me and not competitors?

C) Suppliers to purchase your items

If you’re going to make the products or offer services, you can move on to the next point.

But if you’re going to buy the items to sell, look for good suppliers providing the required items.

Be sure to contact multiple suppliers to understand difference in the budget. And don’t be afraid to ask things like whether they discount for a certain number of units, or what their return policies are.

D) Marketing strategies to promote yourself

Perhaps one of the most important part of the business plan is marketing. The advertising for the venture is what will attract the customers.

For example, a restaurant needs this push to attract customers. Therefore, it is recommended to at least follow marketing rules.

Establish good strategies to determine what means will be used for promotion, how it will be promoted, messaging to reach potential buyers.

The marketing techniques and media used must be appropriate for target customers.

For example, if the target customer is young individuals accustomed to using new technologies; the most logical thing will be to use social networks and internet to advertise.

But if they are older people, not much accustomed to technologies, it won’t make sense to advertise on social sites. The best would be to use traditional media they see, such as magazines, newspapers, radio …

E) Who will be your competitors

Competition is another key point which should not be ignored. But don’t be afraid: if competition already exists. It also means that there is also a good market for customers wanting product/service.

The important thing is analyzing the differentiating factors from your competition. i.e. what you offer and not the other competitors.

4. Choose a place to start your business

Once business idea is ready, verified to be realistic and ready with complete business plan, it is time to think where to establish the business.

If you have little (or no) money, it won’t be possible to rent/buy a physical location, for example, because of the expenses involved.

Even if you have already bought a place or a relative lends money without having to pay the rent, you should think that it will entail expenses such as electricity or water that you won’t be able to pay initially.

Alternatives to start business when you have little money

There are solutions to every problem. And this applies in case of business as well, when the capital available is small.

Ever thought of setting up business in your home? If you have a spare room, barely used, a well-conditioned garage, or entrance to the house is large, you can start business there.

In fact many successful businesses such as Microsoft, Amazon, Google….all started from a garage.

These spaces in your home can be very useful especially for public-facing ventures in which contact with customers is essential.

But if you are going to start a business in which you don’t need to deal with the buyers, undoubtedly the best option to achieve it is the website.

The great advantage of making a blog or a website is that you won’t need anything except a computer and internet connection to get started.

It will be enough to buy domain and hosting, install a platform like WordPress or Woocommerce, and choose a design.

Once that is done, add all the required elements – an online store with thousands of products, a contact section, a small blog to talk about the products or services….

Another benefit of website is market can be expanded to the entire world. Customers can buy products from any country and at any time. So the benefits will be much greater.

Later, when online business is successful and money earned is enough, you can expand it to the physical store.

5. If money is needed, look for financing

Maybe when you start business you realize that even if you don’t need a lot of money, you will need a small amount of capital to get started, especially if you are going to offer products that you have to buy from suppliers.

And surely if you’ve come to this article is because you want to start your business, but without borrowing money from a bank.

However, think carefully about this, because a little financial help can come in handy to get your idea off the ground, and there are many alternatives to banks with which you can achieve it.

Today there are all kinds of organizations that want to help new entrepreneurs build their businesses. And there are also other types of aid to boost your business. One of these aids is crowdfunding.

Crowdfunding

There are crowdfunding platforms in which you can register to raise capital, financial institutions that grant micro credits to different groups, investors who wish to participate in new ideas…

But don’t forget about official bodies such as the governments of each country, usually offering subsidies to small companies without the need to return that money.

So if you think that a small economic aid (between $500 and $3,000) is what you need to boost your business, don’t hesitate and look for alternatives to traditional bank loans.

6. Set up operations center

After all the above steps, you’re ready to set it all up and open the doors to the audience.

If you decided to start business at home, choose the room in which you are going to establish it. Decorate and condition that space nicely to attract clients. And start promoting yourself in different media to capture the first clients.

If you are going to create a blog or a website, choose your domain and hosting, configure so that it looks like you want, and open profiles in social networks like Facebook, Twitter or Instagram to advertise.

You should not be afraid or doubtful at this moment. Because you have already decided that you want to start business.

Now it’s your turn to act and take action in a planned manner. A delay in opening the business even by a day will be a lost day. And you will be farther away from the dream if you let too much time to pass.

7. Think about payment methods

Although there are many entrepreneurs who don’t give importance to this. The truth is, payment method is extremely important. After all – Customer is King and payment is your bread and butter. So provide as much convenience to the customers. In fact, this can be a distinguishing factor when competing with others.

If starting a business from home or dealing face to face with buyers, the normal thing is to charge in cash or card.

But if planning to create an online store or a website, things change…

You have to think carefully about all the forms of payment, available in the country serviced and safer for both – buyer and seller.

For example, PayPal is one of the safest payment methods for buying or selling online. In fact it is the most widely used payment method in the world.

But there are countries where PayPal does not allow to withdraw money from a bank account, and the commissions are usually a little high (3.4% of each sale).

Bank deposits or transfers are a good method because money gets deducted directly. But if the customer belongs to another bank or is outside of your country, it becomes expensive to carry out transaction and customer may end up not making the purchase.

However, another good form of payment is credit or debit card. So the buyer can pay immediately, and is quite reliable and secure.

So bottom line is to analyze all the payment methods, benefits and disadvantages especially for the customers.

It is recommend that you accept different forms of payment. Because this will attract more customers as they are given multiple convenient options to make a payment.

8. Use different medium to promote yourself

It is no longer necessary to invest large amount of money for advertising to attract customers.

This can now be done by opening a Facebook page, upload photos, offers and news about the products, as well as other social networks such as Instagram, Twitter, or even Snapchat.

But there are other alternatives such as sending products to a blogger or youtuber to spread news to its followers, email advertising, or even collaborating with other businesses.

9. Don’t make excuses!

Today business can be created for less than $4 per month by buying a hosting and a domain and launching a website. And it takes less than 3 hours to go online.

Not having money is just an excuse to not start a business.

There are successful businessmen today, who have created great companies with hard work, untiring efforts, minimum support, small financial backing and with a long term vision.

So if others can create enterprise and generate enormous wealth more than what is required for living, why can’t you do the same?

Everything is in the mind. Never let your mind create a barrier. Remember, you are the owner of life and the one who makes life’s decisions.

It’s easier and more comfortable to continue in the current situation, blame life, circumstances, boss, or the money you’ve had to live like this.

But realize that these are really just excuses created by you. It could be because of fear, insecurity…..creating obstruction for moving forward in life.

So final decision is up to you. Either you keep complaining about everything and stay where you are. Or Stop complaining and start business to improve life from now on.