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Is it possible to start a business with little to no money?


Quora user Wade Myers had several examples he had encountered over the years of entrepreneurs building lucrative businesses with next to no money. Here’s one:

“An entrepreneur that had lost everything in a previous failed venture, bounced back and with a spirit of humility and cheerful diligence moved to a new city with literally no money, and bought a few pool cleaning supplies. He went on to build a pool cleaning route and sold it for over $50,000 just ten weeks later. He told me he didn’t even have enough money for a direct mailing campaign, so he just went door-to-door to build his customer base. He then kept doing that over and over again, realizing that he was really good at building a route of customers and that there were plenty of existing pool cleaning companies that were not that good at growing that would happily buy a route from him. He could build and sell about four routes per year.”

If your business works harder than its competitors, profit will find its way into your hands. In every story Myers described, the entrepreneurs had little money to start with, worked harder than their competitors, and didn’t wait for customers to come to them.



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