Blanca was facing a scary proposition as the New Year rolled in. She was an immigrant from Peru and hardly spoke English. Yet, she was here in America … and needed to earn more money.
That was four years ago. A lot has changed for Blanca since then. Now, after developing a business that she sold for an enormous profit, she is operating a second successful business. And she did it all with no capital. She used a proven business system that I’ll tell you more about in a moment.
But first, let’s talk about you …
Perhaps you’re making (or thinking of making) a New Year’s resolution to start your own business. If so, you’re one of millions of people who made the same vow. The sad truth is, though, that a very large percentage of those businesses will never actually get off the ground.
It’s easy to understand how this happens. Starting a new business can be intimidating. It’s even worse if you have limited start-up capital and/or can’t make ends meet without the income from your current job. But this didn’t hold Blanca back … and it doesn’t have to put your goals on hold. You can do what Blanca did. You can start your own “microbusiness.”
A microbusiness is a small business that has the potential to produce a six-figure income for you – but can be started with almost no capital … on a part-time basis … and without having extensive expertise.
Many people don’t even consider starting a business, because they think “It takes money to make money.” But with a microbusiness, this simply isn’t so. Let me share with you an important strategy that can help you start your own microbusiness with practically no capital:
You put your initial efforts into obtaining customers … NOT into setting up your infrastructure.
One of the most important elements in starting a microbusiness (or any business, for that matter) is to get the customers right away. Because when you’ve got customers, you can find creative ways to finance your start-up and your growth. Here are two examples of what I’m talking about:
1. Use your customer base to persuade suppliers to give you credit.
Let’s face it. With no capital and nothing but a plan, a supplier isn’t going to extend you credit. However, if you have a healthy list of customers waiting to do business with you, that makes you a pretty good risk – and you shouldn’t have any trouble finding wholesalers that will be willing to work with you to help you get started. Your best bet will be to target smaller supply houses that are likely to be hungry for new business.
2. Let your customers fund your business.
There are a number of businesses that allow you to collect payment from your customers up front … and then provide the goods. With a business like this, there are virtually no capital limitations to your growth. Can you afford to sell 10,000 shovels? As long as you’re collecting the money for the shovels first, yes. You can. There are also businesses where you collect an initial deposit, and then collect the balance upon final delivery of the goods. (In these cases, the deposit usually covers your hard costs and the balance is your profit.) And with many service businesses, you either collect or start billing immediately after completing the job.
Here are a few types of businesses that work this way:
Home Improvement Products
This category includes selling such things as ceramic tile, carpet, etc. By setting up a relationship with a vendor that provides you with a catalog and/or samples, you can market these products to your customers in their own homes. When they place the order, you collect a deposit that covers your costs. Because you don’t have to pay for a business location or maintain an inventory, you have virtually no overhead.
Whether you do your direct marketing via the Internet or mail-order, the customer almost always pays for the product before it is shipped. Depending on what you’re selling, you can fulfill the orders yourself … or have the product drop-shipped directly from the manufacturer.
There are dozens of maintenance businesses that service both residential and commercial customers – from landscaping to housekeeping (which is the kind of microbusiness I helped Blanca start). What they all have in common is that the moment you start the service, you can begin billing for it. It can take a few weeks for the money to start rolling in – but once it does, you have a constant flow of income.
After the success Blanca had with her housekeeping service, I helped other people set up their own microbusinesses. They were all so successful that I was encouraged to formalize my system and offer it to anyone who is interested in starting a profitable business with practically no capital.
I call it The Quick and Easy Microbusiness System. It includes:
Over 50 proven microbusinesses you can start with under $100
Detailed information on each microbusiness to help you quickly figure out which one is right for you
A step-by-step explanation of how to legally start your microbusiness without spending a fortune on lawyers and accountants
How to find cheap, reliable employees to do the work … while you reap the profits
The Microbusiness Instant Customer Acquisition Method – which will put you in your own business within 24 hours
You can take control of your destiny and become financially independent … just like Blanca did. And with The Quick and Easy Microbusiness System, you can make it start happening in as little as one week.
So … what are you waiting for?
“The beginning is the most important part of the work.”– Plato