Wondering how to come up with some funding to get the ball rolling with a new business?
Scratching your head as you can’t think of how to invest some money into a new venture, to do things like branding and advertising for more exposure faster?
Typically starting a home business is very low cost…typically only a few hundred dollars to start and maintain on a monthly basis. So my suggesting is definitely run your business on a stable foundation, ideally working at least part time if not full time.
It’s pretty difficult to run a business on ZERO, and don’t forget other things you will miss out on if you’re no longer working full time such as occupational sick pay and paid time off. Consider this heavily if you have a family to provide for too.
Now this is just to START a business…if there are monthly costs associated I recommend you have at least 3 months’ funds saved up for this additionally to run it.
If you come at me with the “I don’t have money” B.S. be sure I will be sending you
here asking to do all of the below and ask you not to come back until you do! I had to do a LOT of these to initially fund my business I would say more than half of them…so no handouts allowed.
The below list is not exhaustive. You may need to get creative – but overall it will come down to how BADLY you want to make it happen. Even if you have to freaking arm wrestle for it.
1) Get a credit card
2) Get a loan
3) Get an overdraft
4) Borrow from friends or family
5) List at least 3 items in your house on eBay
6) Get a lodger
7) Ask for a pay rise at work (providing you have earnt it!)
8) Get a job if you don’t have one
9) Get a second job
10) Car share/carpool
11) Rent out your garage
12) Rent out parking spaces
13) Ask for money instead of Christmas/birthday presents
14) Refund any unneccessary shit you recently bought e.g. clothes, new Nikes, Dr Dre headphones
15) Do paid medical testing
16) Donate blood (we don’t pay in the UK for this but I believe you are in the US)
17) Check if you’re entitled to tax rebates
18) Check entitlement to grants for businesses
19) Ask your neighbours if you can mow their lawns, do odd jobs etc.
20) Check your savings accounts or any spare accounts you don’t use
21) Complete online surveys
22) Review apps for cash
23) Write and publish a Kindle eBook
24) Recycle old electronic devices
25) Get cashback while shopping
26) Sell gigs on Fiverr
27) Review music for money
28) Trade in second hand books, CDs, DVDs, clothes
29) Mystery shopping
30) Be an extra in a movie or TV series
31) Private tutoring
32) Sell photos online
33) Babysitting
34) Dog walking
35) Rent out your house for filming
36) Freelancing
37) House sitting
38) Check under your sofa?
39) Recycle scrap metal
40) Become an online Virtual Assistant
41) Get a Pay day loan
42) Cash in on your retirement fund
43) Sell event tickets
44) Become a handyman
45) Make stuff and sell it
46) List items on Craigslist
47) Sell or downgrade your car
48) Reduce spending money temporarily
49) Cancel your TV package(s)
50) Don’t waste your hard-saved money…now go and invest it so you are NEVER in this financial situation again. 🙂
BONUS: Matched betting (ideally be UK based) you can make money from trading against bookmakers on things like sports betting e.g. horse racing, football. Learn more about that here
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I would add, start matched betting, and put that top of the list. The easiest way to generate instant hard cash from limited funds.
Interesting what are your reasons for that Chris? Also is that only limited to UK residents?