James Timothy White (Author of 42 Businesses Under 100 Dollars)
How To Start a Successful Business with $100
Some entrepreneurs think they need to spend, borrow or raise a lot of money to start their own company. Eric Ries preaches the lean start up by advising entrepreneurs to create the minimum viable product or service that customers will buy. These can be started as side gigs and grow into full time businesses. What do you really have to lose? Forget about borrowing money, employees, an office, and a long business plan.
Being your own boss can be one of the greatest pleasures in life. Many people dream of owning their own businesses but put it off because they feel they cannot afford it. Fortunately, however, starting a business doesn't always have to break the bank. The key is to start small, use low-cost advertising methods and build the business on reinvested profits. Choose a business that requires little-to-no startup investment. You can start a business selling items you already own or provide services for which you need no new equipment.
Online Business Ideas for Under $100
One of my favorite things to talk about at conferences and write about on the blog is the many different ways to make money online. The internet has made it extremely easy and cost effective for anyone to start a business of their own. This is especially true for anyone who just wants to test the waters and see what opportunities might be right for them. Be sure to read through each of the methods below and see which ones might be of the most interest and value to you. Blogging is one of the easiest ways to get started with a website and putting your expertise to work. Since starting the blog, millions of people have been to the site and have generated millions of dollars as a result of my free tutorials, guides, and resources.
A post-career part-time job has all sorts of benefits. A retirement job in a field you enjoy — golf, sewing, food — can also help you develop new skills and make new friends. Why not consider starting your own business? Some people instantly dismiss this idea because they think starting a business requires lots of capital. Not true! Or less. The PennyHoarder.
People do many odd jobs to pay the bills, and no matter what your skills are, there are ways to put them to work. It doesn't matter if you're a handyman or an online marketing expert -- you can still make extra money on the side. Being a local sales representative for companies like Avon, Mary Kay, and Pampered Chef requires you to spread the word about their products by hosting a party or selling them online. If you already have the knowledge or experience in a specific area, such as providing legal advice or showing business how to become more eco-friendly, then you can easily start your own consulting agency. The main costs involved are marketing your business and networking, so invest in a website and business cards.