How to start a business with limited capital – Anoop Bishnoi

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There’s no doubt that businesses need capital to get off the ground. However, if you have a great idea, there are many ways to start your business without incurring huge costs. If you’re reading this, you’re probably wondering how to start a business with little or no money, or is it even possible….well, the answer is – Yes! It’s indeed possible and throughout this article, we’ll share some great tips on how to start a business with limited or no capital.


Businesses are traditionally conditioned to begin with a mindset of filling the gap – between the customer’s needs and the already available services/products in the market (some of which may not be upto the mark). That’s how we establish a goal and create something new and innovative that is yet to be brought to the market. But if you’re someone who’s starting out small, instead of asking yourself about the gap in the market, start with the question, “What can I provide, and who will be interested in it?”

That’s about the idea, but to make it practically successful, you need a solid strategy. We recently got a chance to have a quick conversation with someone who can surely help us with some insights.. the very inspiring yet humble Anoop Bishnoi. Anoop is an entrepreneur and passionate philanthropist, he has also been a great mentor to many aspiring entrepreneurs. Here’s what he has to say about it, “Yes, you can and you should…there are a lot of simple services that can be turned into a business and this will give you a great start especially if you’re young and dedicated to start something of your own. Tutoring, freelance writing, photography, music lessons, selling crafts, the ideas are endless, you just have to find your passion. Once you’re sure of your plan, advertise it over your social media. If your idea is great, you can even find the right investor there. And if you’re seeing a scope of expansion, then you may even consider taking personal loans or government grants. Don’t let the lack of money be an excuse for not starting a business, all you need is to have faith in yourself and your idea.”

Once you’ve planned everything out, get going with it. And do not restrict yourself to just one of these opportunities, keep an eye on the trends and keep adding new revenue streams as you go along, so you have something to fall back on.

 

Location: India

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