Friday 24 March 2017

Zero Loan Business: Bootstrapping

There's a way to start your business without taking a "giant" loan or any form of loan whatsoever. This is called Bootstrapping. I want to share with you Five ways you can bootstrap and still get your dream business up and running

#1 Embrace Imperfection
 It must not be perfect when you start but still, Start. If you're waiting for it to be perfect then you might never start.


#2 Practice Incremental Upgrade
Work your way up. Start small then Scale. Work with expansion and improvement in mind.Starting small doesn't mean you should stay small.

#3 Invest in things that bring Clients and Money first
This is a wise thing to do so that your business can start to yield profits before you grow weary. Trust me its easy to get weary when the money is not coming so please do shorten that phase by investing in things that bring Clients and Money.


#4 Work within your means
  Use your money you've saved up from a previous job or gig (Or you can ask family especially parents for Support) Budget in other areas, cut back funds where less needed and put them where they are most needed.

#5 Swing Into action
  Act! Act! Act! Move it!!! This is the only way to get ahead. The only way to start is to Start. Time waits for No one. Use what you have in your hand to get as far as possible

Those are my Five Tips for bootstrapping. Much love to my Alana readers

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