What Kind of Business Can I Start with Very Little Money with Bill Kelly
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What Kind of Business Can I Start with Very Little Money with Bill Kelly
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Episode 31 What Kind of Business Can I Start with Very Little Money? The world is changing but service businesses are still king.
Most Businesses are Started by A Technician Having an Entrepreneurial Seizure This famous line was written by Michael Gerber in the “E-Myth Revisited” in 2004. His theory is that most small businesses fail because they are started by Technicians, who know nothing about running a business. Starting an On-line Business Today, technology has changed the way Bootstrappers approach a business startup. However, on-line marketing requires a steep learning curve for most and finding products and services to sell can be difficult.
Service Business are the Most Common to Bootstrap Service businesses such as, painting, lawn maintenance, cleaning, handy-man, teaching, auto repair/detailing, carpentry, computer repair, and healthcare are by far the best businesses to start with little or no money.
Ready, Aim, Fire or Ready, Fire, Aim Making a plan and following the plan is the preferred way to start, but it may not allow for intuition and chance. Don’t let the paralysis of analysis deter you.
Tags: The E-Myth, Bootstrapping, Business Start-up, Choosing a Business, Business Brokers, Buying a Business, Transworld Business Advisors