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Blog, Podcast · April 24, 2014

Start a micro business with no money (podcast)

You are here: Home / Blog / Start a micro business with no money (podcast)

DollarsSenseShow15

Do you want to start a micro business, but fear you don’t have the money to start?

Dollars and Sense host, Carol Topp and guest host, 17 year old Jonah Wilson, claim that you can start a micro business with no money!

How?

Listen in to this podcast as Carol and Jonah share several ways to start a micro business with no money

In the podcast, Carol and Jonah mention Starting a Micro Business, a helpful book (and ebook) that can be very helpful in launching your micro business.

Show Notes:

What does it cost to start a micro business?
If a product-based business, then inventory, packaging & shipping and advertising costs
Maybe equipment like computer, lawnmower, oven, piano, etc.
If a service-based business, then not much start-up money needed except for ads, a website, business cards, etc.

Where does the start up money come from?

  • Savings
  • Start as a hobby/volunteer/only break even
  • Investor (or small loan from parents), but not a partner
  • Sell something
  • Work a temporary job
  • Start a service business and save up to launch a larger business

Listen to the next Dollars and Sense Podcast (Episode #16) where Carol and Jonah will discuss the dangers of starting a micro business with debt.

 

Related posts:

  1. Dollars and Sense Show # 1: What is a micro business and why is it such a great idea?
  2. Dollars and Sense Show #3: What a business plan can do for your micro business
  3. Where to get money to start a micro business
  4. Dollars and Sense Show #2: Finding and testing a great idea for your micro business
  5. Video: How to Start a Micro Business with Little Money

Filed Under: Blog, Podcast Tagged With: Carol Topp, Starting a Micro Business, Ultimate Homeschool Radio Network, money, podcast, start micro business, start up, teenager

Carol Topp, CPA

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From a parent

Thank you for your e-book on teen micro businesses. Your valuable experience and wealth of knowledge is vast.

Your presentations at Cincinnati homeschool conferences and sharing with us over the years have benefited us well.

I can hardly believe we are at this point in our life-and here he is a young man ready to try his fortune with the world.

-Mandy S

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