EPISODE 30 How Can I Start a Business with Very Little Money? Choosing the right business for you may be key to your success.

Every Business Needs Money to Operate Finding start-up capital is hard but not impossible. Cash flow from initial sales and personal savings are the most common sources. But there are also Angel Investors all around you.

Keep Your Job Many people entrepreneurs keep their current job and work their business as a side hustle until they can go full time.

Use the Cash Flow of your Business This simple method of raising capital can work well if you have a flexible job or if you choose a job that can accommodate your work hours.

Live Like Know Others So You Can Live Like No Others This saying made famous by many “Debt Free Living” coaches, can apply easily to the bootstrappers early years.

Before you Borrow Money, Try a 30-Day Blitz. I love the 30-day blitz’s. Anyone can do almost anything for 30-days, so make a sales plan that’s hard and stick to it!

When You Do Borrow, Make it Official and Short. The quickest way to lose family or friends is to barrow money from them and not pay it back. Always give them a written IOU with a payment plan, even if it small, make a payment every month.

Tags: Finding Capital, Bootstrapping, Business Start Up, Business Advise, Starting a Business, Transworld Business Advisors