Are you a young woman with a great business idea but low on the money you need to get started?
Let me help you out!
You have a few options:
The first option that is the hardest
Work hard, save your money and get started. Whew!
Another option that can be tough
Network with existing entrepreneurs and find someone who is willing to fund your idea. That could also be time-consuming and challenging if you keep hearing no.
However, it can be a wonderful moment if you hear yes! You’ve been working on your sales and negotiation skills.
The option that I often recommend: Start small
- Want to open a bakery but can’t afford the space? Start baking cupcakes and sell them at events
- Want to start an online company? Help friends in your family design their websites or optimize them through SEO
- Love sports and want to open a complex for students to come after school? Rent a space at your local church and start with classes.
The key is getting clear on how you can do part of your business. While it would be great to take on the full vision of what you have in mind – sometimes, it’s just getting started that is important. You’ll get comfortable REAL quickly in charging/pricing and dealing with customers. And it will give you key marketing and sales skills plus a world of confidence..
So I highly encourage you to consider this. If you are low on cash and think you absolutely NEED to get started big, get creative. Think outside of the box of how you can showcase your services – or even a portion of your services as in the last example – and build a client list.
Tell me what stood out for you below!! And ask me about your most pressing startup business question.
