“How I Started My Business With Zero Capital”

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[jimbobjim]

Started my business with $500 ten years ago. Just hard work and never quitting. I never got any loans. Now I’m a millionaire and have $600k of liquid cash.

[josiahhind]

I'm 3 years in and started with 0 dollars and a laptop i bought with cash, I was out doing the work myself and also figuring out how to market for free using free trials, etc. once I started to earn some, i saved some, reinvested some in business and continued to pay only cash. i'm finally starting to see results...been a hard road.

[jhelmuth]

If you need a good laugh imagine Dave on shark tank trying to convince an investor to help him start on the level he's at now. We love you Dave, you're an inspiration to my family as we work our way out of debt. Thank you for all you've done

[nathanielwiebe]

Started building fences with old tools from the pawn shop and a mini van. Now I get whatever tools I want lol

[flybyavtor]

It really depends, some businesses can not be started from a card table in your living room. For example we started a medical aesthetic practice in 2020. The minimal startup costs we could get it viable for was $80k. Small office and essential medical equipment only. We had 1yr of living expenses in savings to cover getting started and feeding the family. We grew at the speed of cash and now have an annual revenue around $1.6m with an income around $500k and opened another practice a month ago. We are richly blessed and highly favored with growth of 25-50% year over year so far. Some people start so small they struggle to gain traction others start too big and quickly die. It’s a balance.

[euphrates]

Greed will cause you to borrow like crazy to "grow" a business.

[Alex-mjdv]

Easier to do in some industries than others.. you were selling a service, expertise (books) and a radio programme. Sometimes leveraged growth capital is required to outrun burn rate especially. Outside investment is inbuilt into that, or external assets. Ramsey Solutions has more asset worth to revenue ratio than most SMEs thanks to the buildings it owns. But I don’t think it will ever revenue much above $550m or so, that’s it theoretical topline I think. I don’t see how it scales above that organically. And Dave will never ever go public, so IPO is off the table.

[sheenakazia]

Anyone know any good places to find info about marketing your business?
I want to start a fish breeding business I have two stores that will buy the babies from me but I don't know how to move from there

[BlackExcellenceProductions]

I’d rather grow my business at the speed of cash.

[laurenodonnell]

I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Debra Hindman

[leadershiphelpdesk]

Why does Dave have 1100 employees? I am not being negative, just I can't visualize it,

[Cakewalk.]

Bull.. Funny thing he always down people, sounds to me he’s projecting.

[brokecooking]

hes is so wrong its funny. Yes when you start out business you dont take a loan but when you are a few years in you need loans to expand. Unless you are only doing like 30k per month you are still making no money so dont get a loan