How Much Money Do You Need to Start a Business

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How Much Money Do You Need to Start a Business

• Some people think that you need hundreds of
  thousands of dollars, if not millions, to start a
  business. However, that doesnt have to be the
  case. Here are a few businesses I have started,
  and others have started, for less than 1,000.

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Blogging or Freelance Business

• The owner of this site and I recently
  spent a weekend together with a few hundred other
  finance bloggers in St. Louis. The hundreds of
  people at that conference each have some sort of
  online business, and none of those businesses
  require more than 1,000 to start.

3
Service Business

• Depending on your business, startup costs can
  be pretty low. When I started my flash mob
  business, my costs were a website (I already had
  hosting, so it was 7 for the domain) and one
  big, loud speaker, which cost 250. I actually
  used my own personal speakers for the first few
  events and didnt spend on a bigger one for a few
  months.

4
Story Of 100 Startup

• In Chris Guillebaus 100 Startup, he
  features a long list of businesses that started
  for a low cost and are able to support a family.
  Some of my favorites include the husband-wife
  couple who create high quality artwork including
  specialized maps and the guy who delivers
  mattress orders by bicycle in Portland.

5
Just Try It Already

• If you are sitting on a great idea or
  have been afraid to try a business, what are you
  really waiting for? What is holding you back?
  Fear? Fear of what? If you limit your financial
  risk, you may be better off trying it out than
  always wondering what could have been.

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Startup Costs for Your Businesses

• If you feel comfortable sharing, what
  sort of startup costs have you experienced when
  starting out? Please share in the comments. Read
  How Much Cost a Business Start-up

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