In today’s internet connected world, starting a business from less than $ 100 is entirely possible. In the internet startup world, if you’ve got a computer some design or programming chops and a great idea, you can easily start a profitable business with less than $ 100.
Once you gain some traction with your idea and can prove out that you have customer demand, you can then approach investors that take equity in your company for an investment.
In the internet marketing world, as long as you have some valuable knowledge such as how to do search engine optimization to drive traffic or can share valuable tips on improving conversions, you can easily get a ebook content product out there. Even if you want to make a website, off the shelf open source tools and hosting providers now provide amazingly low services for you often for free as is the case with open source software.
The key is to be a linchpin. A linchpin is a person that creates value when then was not any previously. People gladly pay for a product that a linchpin makes because it causes them to be more productive, make more money, and free up more time.
Even if you do not want to start an internet business, you can easily start a services business as long as your material costs are low. If you are doing consulting work for example and you are an expert in the field that you are consulting in, the costs to starting a business are minimal. You can even hire sales contractors on commission who are only paid when you get business.
Be creative in coming up with business ideas. A lot of product companies start off by doing consulting work for bigger firms. If you have skills or knowledge that are in high demand such as copywriting or knowledge about LEEDs sustainability, than you can easily become an independent consultant.
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