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Joined 1 year ago
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Cake day: October 27th, 2023

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  • u/Creative-Midnight727

    The only option IMO would be to choose a business that you can „bootstrap“. This means that you can start with very little money and much labor and scale it slowly up to the point where you can successfully re-invest your profits into growth. I know a company that sells special wristwatches for surfers who did it that way. There are countless bootstrapped startups out there. Google that term.

    That being said, you almost always need $1.000 - $5.000 if you want to even try running online ad campaigns. You get this capital from regular jobs plus good old saving or by selling things that you create with labor only (everything from lawn mowing to selling digital products on etsy and online in general).

















  • To me there is no handbook to any success in business, nor any sure way to find a business idea that works. Learning stuff helps, but another entrepreneur‘s journey is always different from yours.

    I feel like what it takes is more of a general understanding (business sense), a certain skill set (for example problem-solving abilities, also durability and stress resistance), business related principles and some metrics that are specific to the industry you’re in or the business model you want to use. These things are a must, but success is never guaranteed even if you have them. However if you don’t you are most likely going to fail.