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Can I Start a Business During Financial

Difficulties?
What business can you start if you don’t have a lot of start-up capital, as well as special skills
like the ability to shoot and edit videos, write software codes for mobile applications and do
website design?

● Start with services


Don’t even think about releasing a product — it requires more money and time (it takes from
six months to a year from the moment of implementation to the gaining profit). And it’s not
necessary to say that you don’t have any skills: you must have a skill for walking dogs, and
so for babysitting. You don’t need to be a techie to say that you have a special qualification
because the ability to build relationships with people is also a skill. With it, you can, for
instance, create a recruiting agency or start forex trading. Finding your strength is crucial.
When you find it, you will understand what kind of services you can provide with its help.
Don’t try to be who you aren’t.

● Drop the attitude


You can go outside and ask people what they want. You can pull weeds and mow lawns. By
the way, many billionaires started their businesses with such services. One of the most
striking examples: you can start by digging ditches for laying sewer pipes with an excavator,
and retire from the business as the owner of the largest pool installation company in Nigeria.
● Learn by doing
It is hard to find the perfect idea for a company if you start with the idea of “what can I do”.
Instead, you should think about what you have a soul for, then many problems begin to find
solutions. In the long term, this leads to success: you work, but you don’t feel at work.

Look at the great entrepreneurs of today. Elon Musk didn’t come up with the idea for Space
Travel, thinking about what he could afford. He figured out what he wanted to do and started
working to realize his dream (by the way, he almost went bankrupt in the process!).

The best education would be to create your own company. So you can try yourself in Stocks
to trade, or, for instance, in e-commerce. A WordPress website through which you can accept
payments is made for free and without the involvement of developers. The locals have
something to offer that you can sell. If you just take action and are lucky, you may find the
deal of a lifetime.

● Be ready for difficulties


You can post job search advertisements on freelance portals. Don’t ask for a lot of money and
try your best to make your customers happy. Take on small projects so that one doesn’t take
hundreds of hours to complete. Thanks to successfully completed orders, your rating on the
site will grow. With the growth of reputation, the cost of services can also increase. To get
customers outside the platform, start building long-term partnerships with them. And this is
only one path among a billion possibilities. At first, you don’t create a business, but simply
find a job for yourself, which will remain so if you don’t take the next step — start hiring
assistants.

It is crucial to remember that running your own business is much harder than it sounds. You
have to ask yourself in advance: are you ready to go through difficult times and fight? If you
are giving up in the face of difficulties, it is better to find yourself a job for hire.

● Use connections
The answer is in the question itself: if there is no money and special skills, it is better not to
start a business at all. If you have a lot of money, you can hire a qualified employee. If you
are highly qualified, you can find an investor. Forextime advises you to find something you
like and study it enough to become an expert in this field, working for some experienced
person. One day the qualification allows you to start your own business.

By the way, some things don’t require high qualifications and money to start a business. For
instance, you can use your own connections and acquaintances.

● Don’t seek advice


Better to reformulate the question:
1. What business is better to start without qualifications and money, for which I will buy
unnecessary things together with people I don’t like, so that one day I will say: “What
have I spent my life on?”
2. What business is better to start without qualifications and money to have fun,
communicate with people pleasant to me and earn enough for a living?

Having made a choice between these two points, you need to understand what means,
abilities and desires you have for this. If you don’t have any, nothing will work.

Resources for starting a business can be money, charm, skills, ingenuity, education,
confidence, connections, reliability, friends, loyalty, attractiveness, location, experience,
motivation, talent, leadership qualities, logic, etc.

But if you really need advice on what to do in life, here it is: ignore all the above, you still
cannot do it. If you don’t need advice, just read it once again and confirm that you already
know it.

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