WeblogWire The kids are blogging on your site daily to create a startup in a week with $ 500. Many of the steps used to remind me the technique I use to start Hipertextual with far less money and without a penny of investment from anywhere.
The secret lies in not making money, and actually start a business with a super low budget does not involve much effort. Everything that follows assumes that you already have a business plan done and you know exactly what you want with your business.
Real investment in a startup or an enterprise’s time and effort. That is, you’re not going to spend almost no money but be prepared to work (at least the first 6 months) until 3am every day including weekends.
Also be prepared to take hours (or days) of uncertainty, not knowing if you’re really right or not, one of the biggest challenges is not making money, but to convince yourself you’re doing something good even though most People will say otherwise.
That said, here are some tips for those who want to start a venture but have almost no money:
* Leverage all the tools already available to you: Your computer, your knowledge, your internet connection and your apartment, room or the study of your parents.
* Leverage all the knowledge you have and apply them to your new company and at least initially do everything you can for yourself, the same goes for your partners, if you have them. So you reduce the staff to a minimum and spend less on salaries.
* Apple started in the garage of the parents of Steve Jobs, is not ashamed to start in your own room.
* No office tenants. No office tenants. No office tenants. I can not stop repeating it ad nauseam and must not stop listening to people saying you need one. This is because the status quo says you have to have an office to have a business. Not true. When you really need your own office you will know. Meanwhile, you will save the largest expense that your company can have.
* Leverage open source, but the two sides used all the free tools you can but try to send your donations.
* Do not waste time on small things, launches as soon as possible, correct as you go.
* Listen to others, but not too much: when you do new things many do not understand and therefore disapprove. It’s good to listen to advice from outside but do not take it as a rule of thumb.
With this you can be out in a week with almost no money but as I said before, be prepared to spend a long time: getting up early, sleep late and forget your social life.
Updated: Inti said: “It takes something very important that Edward did not name and it is essential, I would place first or second place: Creativity. The more creative you are, the easier it is for your company to solve the first problems to be present while that creativity will pay your first paycheck. “And he is absolutely right, but for the times we live in, I think being creative to have a firm is not a feature but a requirement.
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