Suitable areas for business without investment
Posted: Tue Jan 28, 2025 5:33 am
Thus, an entrepreneur starting a business without investment must clearly understand two things: firstly, the business will require his constant presence and constant control; secondly, when the idea loses its relevance, he will have to constantly come up with something new, so it will not be possible to relax and have a peaceful rest anytime soon.
So, if you decide to start a business from scratch without investment, keep in mind that there will be both positive and negative aspects.
The first advantage is obvious - no start-up capital is needed (which is clear from the name no money). That is, you will not have to ask anyone for a loan or take a loan from a bank.
The second advantage is that portugal email list not only the barrier to entry into business is zero, but also the barrier to exit. That is, if you wish, you can stop your business activity at any time with virtually no financial losses.
The third advantage is a quick start to profit, which will come to you within a month or two after opening the business. When it comes to classic business options, it takes from six months to nine months before the enterprise starts to pay for itself. And sometimes this period stretches to 2-3 years.
As for the disadvantages of a business without investment, the main one is instability. Ideas become outdated very quickly. The lifespan of even a very interesting and profitable concept is usually short - from three to five years. And then you will have to make changes or invent something new.
The second disadvantage is that the ceiling for growth here is low (and the business requires round-the-clock control). That is, when you initially invest in a business, then, in fact, the existing production and trade assets earn money for you. Over time, you can continue to grow financially, without straining yourself too much. In a business without investment, this will not happen. Here, earnings come only if the entrepreneur constantly works hard.
For example, you create websites. Then the number of orders you have (in a week, a month, etc.) is the amount of money you earn. Or you are a copywriter. Then the number of thousands of characters you wrote is the amount you earned. Yes, you can try to do more and charge more for your work, but the ceiling that can never be crossed is the number of working hours per day. It may turn out that in your desire to earn more, you completely deprive yourself of free time.
So, if you decide to start a business from scratch without investment, keep in mind that there will be both positive and negative aspects.
The first advantage is obvious - no start-up capital is needed (which is clear from the name no money). That is, you will not have to ask anyone for a loan or take a loan from a bank.
The second advantage is that portugal email list not only the barrier to entry into business is zero, but also the barrier to exit. That is, if you wish, you can stop your business activity at any time with virtually no financial losses.
The third advantage is a quick start to profit, which will come to you within a month or two after opening the business. When it comes to classic business options, it takes from six months to nine months before the enterprise starts to pay for itself. And sometimes this period stretches to 2-3 years.
As for the disadvantages of a business without investment, the main one is instability. Ideas become outdated very quickly. The lifespan of even a very interesting and profitable concept is usually short - from three to five years. And then you will have to make changes or invent something new.
The second disadvantage is that the ceiling for growth here is low (and the business requires round-the-clock control). That is, when you initially invest in a business, then, in fact, the existing production and trade assets earn money for you. Over time, you can continue to grow financially, without straining yourself too much. In a business without investment, this will not happen. Here, earnings come only if the entrepreneur constantly works hard.
For example, you create websites. Then the number of orders you have (in a week, a month, etc.) is the amount of money you earn. Or you are a copywriter. Then the number of thousands of characters you wrote is the amount you earned. Yes, you can try to do more and charge more for your work, but the ceiling that can never be crossed is the number of working hours per day. It may turn out that in your desire to earn more, you completely deprive yourself of free time.