How to start a company with no money

Allow me to clarify things straight away. You cannot start a business with no money. I merely need to reach those for whom it appears to be the only alternative. A more appropriate title may be: It no longer takes an inheritance to launch a credible, high-growth firm. Because far too many people start the wrong company and fail as a result of their ill-prepared nature. First, you should start with a “No-code, Low Code,” policy. No-code and low-code solutions will assist you in centralizing your information around a single location, such as a website or a database. What can you integrate into your business model to keep it alive indefinitely until you identify one or more catalysts that can operate as growth accelerants?

For example, I can operate Teaching Startup “indefinitely,” or as long as entrepreneurs ask me questions that I or others can answer. It’s low-cost to run, it’s not my main source of revenue, and practically all of the “stuff” required to sell and deliver the “product” is automated using no-code and low-code.

You can also slowly expand your business. On paper, starting a machine is simple. Raise money, allocate it, then go raise more money, and so on till you exit. It’s far more difficult in practice.

A mission startup is an inverse. There is no one technique to scale growth, but once it is written down, it is much easier to apply and sustain.

It simply takes an eternity.

Read more here.


How to choose a strong business name and amplify your brand.

A strong brand name should be distinct, easy to remember, and elicit some form of emotional response from your target clients. If you do not create a memorable and sustainable brand for your company, your brand identity will be swallowed up by the competitors.

Your startup will not be able to launch without a name. However, coming up with an excellent brand name can take some time. When it comes to name your company, there are two best options: You can either come up with your own name or use a company name marketplace.

Storytelling is an extremely effective tool. A story recounts events, places, and experiences to which others can relate. Your personal story is intertwined with your business. Consider your journey thus far and why you chose to start the firm.

Many businesses now have names that tell a narrative. For example, Robinhood, a financial services firm named after the legend of Robin Hood. Through commission-free investing, the organization focuses on the equitable distribution of wealth.

Read more