You need to know how to start a business with $1000 to become an entrepreneur and give up that salaried job you are doing right now for your own business to break poverty jinx. I am saying this because no one becomes rich by spending his time with another person for salary as the consideration. You may say that after all, I earn a huge salary that is sufficient for me and my household.
Have you not heard that the higher your salary, the more your responsibilities? This is why you see a lot of people borrowing before their next pay. They borrow because their take home (salary) is not even enough to take them to the nearest bus stop to their home, not to talk of home.
Have you for once dreamt of starting your own business but stopped for the reason that you never believe that the $1000 you have can float a business? Well, I have good news for you. I will be pleased to reveal to you how to start a business with $1000.
I am a business professional and I am saying this from my own personal experience. Not until I quit the salary job that I started making the end meet. As a matter of fact, with focus and determination to succeed, you can start a business with any amount and grow the business gradually.
However, from my own personal observation, only a few people want to start small and grow big these days. When I studied the successful businessmen of the world, the majority if not all of them started with little capital. Your dream, idea, and commitment are all you need to succeed in any business venture and not actually the capital invested. No matter the amount you invested in the business, if these three elements are lacking, no way!
Below are excellent ideas on how to start a business with $1000
One lucrative business you can start with $1000 as initial outlay is Internet business. With technological development, you can have a blog running in less than one week by following these steps.
Step 1
Buy a Computer and Internet Modem
Look for a cheap HP Desktop computer for around $150 and Internet high-speed modem with excellent service at $60 to get started. However, the amount you pay to the internet service provider depends on the provider you select, the speed of the service as well as whether you bundle the service with your cell phone, landline phone, and cable Television. It is the ISP that offers you access to the internet to carry on with your business.
Step 2
Get Licensing
Starting a business whether internet business or offline business requires registration and licensing with the federal or state government. Therefore, you are required to obtain licensing for about $100 for launching your website for the blog posting.
Step 3
Register a Domain Name for Your Business and Host it
Your domain is the URL or the uniform resource of your blog and you can compare it to the street address that people can use to locate you. There are no two URLs that have the same domain name, just as there are no two houses with a similar address. Hence, there is the need for you to register and host the domain name. You can get hosting for between $10 and $20 per annum and the hosting service from about $5 per month, depending on your package, size, and traffic of the blog. It is imperative to host your site in order for the blog to be visible on the internet. Opt for the service with blog software in the control panel.
Step 4
Choose a Designer Graphic Package
Graphics function to make your blog more memorable and attractive to your visitors. For this reason, opt for a designer package for $100. This graphics so selected should appear professional and fit with the theme of your blog. You will require footer, header, a buy button and report cover and a few others like vertical and horizontal lines as well as checkmarks.
Step 5
Hire a Technical Officer
Hire a Technical Officer for $60 for the customization of your blog, tweaking the theme of the blog as well as uploading the graphics if you don’t have a very good knowledge of the computer. Do not forget to change your password as soon as the work is finished.
Step 6
Hire freelance article writers
Employ the services of freelance article writers to write articles about your blog. Offer the employed writers 20 blog posts and a total number of 20 500-words for $460. The articles are on the keywords of your blog. The amount is high so that you will get the job done by a competent English Native speaker. If you choose the cheaper option, you risk getting poorly written articles that will amount to waste of time and resources.
Step 7
Sign up for an Auto Responder
In order to offer the articles on your blog as a freebie in exchange for the names and e-mail addresses of the visitors, you need to sign up for an auto responder for $20. Ensure that you include a clause that says; you will be sending them emails in the offer. The auto responder service lets you send out additional emails as you desire and saves information.
Step 8
Use Article Distribution Service to Post the Articles
There is the necessity to post some of the written articles to article directories and posting one after the other could look cumbersome. Hence, use articles distribution service at $30 per month to distribute these articles to the major ezine directories in order to create backlinks and eventually drive traffic to your blog.
Final Thoughts
Whether it is online or offline business, starting small and growing big is the best way to go. With the above tips and guideline, you can start a business with $1000 only.