How to Start a Business Without Going in Debt

Since I was already in debt and pledged to not add any more to it no matter what the circumstances I have been building up my online business without using any debt what so ever.

So how do you get started when you have no money to spare? Simple, by doing everything yourself.

That means, you are the article writer, the website developer, the advertiser and promoter. You are the researcher, you are the creativity.

I got to tell you, when you compare internet marketing with investing in real estate there are HUGE differences. One requires a mortgage to have a property, while the other requires a few dollars and some work. Both can be equally as valuable as well.

You don’t have to start out doing anything difficult. Maybe raise some money by doing some freelance work for other people. There are so many people who would love having websites created or promoted and articles written.

Once you have built up a large enough cash flow, you can start to outsource your work and build your business exponentially faster. Maybe set a budget allowing yourself to use half your income for outsourcing to grow your business. That is what I am currently doing. The fruits of this have been a steady increase in my business each month.

I LOVE that I don’t have to take out a business loan. This is truly the best business that you can literally start with less than $20 in your pocket. That is why I chose it as my method for getting out of debt.

Leave a Reply

Your email address will not be published. Required fields are marked *