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Don’t Need Money – You don’t need money to launch a business!


you don’t need money to launch your
business I can’t tell you how many times
people write in to me they message me
the comma radio show and they ask me how
do I get the five thousand dollars a
fifty thousand dollars the five hundred
thousand dollars to launch my business
because until that happens I can’t do
anything and that’s so wrong you don’t
need money to start your business
you don’t need resources you don’t need
an office
you don’t need partners you’ll need
anything you don’t need a website to
start your business all you need is
yourself and your resourcefulness
because being an entrepreneur is going
up against impossible odds and having
people tell you you’re never going to
make it and we constantly starved of
resources and you find a way to make it
happen and if you’re the kind of person
who’s just sitting on an idea because
you don’t have money coming in nobody’s
back in your project and that prevents
you from starting you’re not going to be
successful you have to find a way to
start this thing up now this comes as a
result of a question from a YouTube
viewer love you guys
Kareem Kareem writes in and say I have a
board game I came up with but the only
manufacturer I could find once $5,000 in
fact my game and then I have to worry
about marketing how would you suggest
how would you suggest I get that going
so Kareem you don’t need the $5,000
don’t go out and spend money I don’t
want you taking $5,000 out of your bank
account out of your savings boring it
from friends and family don’t do that to
launch this business you don’t need that
you need to find a way to make money
before you’re spending it this is a
critical rule stop spending money until
you’re making money there’s a lot of
ways you can get this thing going start
getting some pre-orders go to Facebook
create a campaign use your social media
use your friends use your contacts go on
Kickstarter
okay you have another Kickstarter go to
Kickstarter comm you can post your idea
there and people will essentially
pre-order your product you say I’m
making this board game here’s what it’s
all about and this will take care of
your funding and also take care of your
marketing at least in the startup phase
and it’ll give you feedback as to
whether people think this is a great
idea or not if you put this idea up on
Kickstarter and you explain everything
and you’re passionate your video and you
explain what this board game is meant to
do and why it’s so great and nobody buys
it the market might be telling you
something because here’s what most
people do most people are thinking of a
product they’ll go out and they’ll make
it and they’ll take a loan out or
they’ll cash out their savings to make
this product and it sits in their garage
they try to sell it nobody buys it and
they’re just sitting on inventory in
their apartment in their garage in their
basement
that they don’t know what to do with and
they’re stuck paying this loan every
month back and I don’t want that to be
you you have to show to yourself that
you have a winning idea and you have to
start generating some momentum with it
and some pre-orders on your concept
before you go out and actually make it
it’s great than you want on you costed
it out okay so you know it’s going to
cost you five K to manufacture it but
lots of people can manufacture it the
harder part is the marketing getting
sales and you don’t need to have the
finished product to start getting some
sales on it you can get pre-orders and
you need people to show you that this is
a great idea before you start investing
your own money and your savings into it
it’s so important it’s teaching you a
great lesson for everything as you
continue growing this business up and
for all of you watching stop spending
money
because you end up spending it’s a real
problem you end up spending all your
money on this thing
whatever idea you have and and I get
that you know you’re the only one who
believes in this thing and you want to
make this happen
and nobody supporting you and so you
cash out what if you have to invest into
the company but I don’t want you to go
bankrupt on this thing and there may be
a way better way to launch this thing or
maybe we better features to add to it or
completely different concept altogether
and you won’t have anything to help you
get through it and you’ll be stuck
paying off this crushing debt for the
rest of your life potentially and I
don’t want that for you I want you to be
successful I want you to be happy I want
you to change the world through your
products and services
so stop spending money until you’re
making money believe those are you
watching you liked the video thumbs up
below
let me know what you think leave a
comment underneath you have a question
for me I’ll make a video response if you
ask your question below thank you so
much
and I’ll see you soon
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