How to start an online business from scratch with no money, no credit, and no friends to help?

If I have to give you a one-word answer if you can do it? 

I will say absolutely, but to start and run your own online business, you must need to have an income stream to fund your business. 

You can leverage someone else money or you can work on a full-time job to have enough money, but it requires money to run a successful business.

But you don't have to get disappointed, here's I am going to reveal you a plan, where you can set an income stream while working on your business idea. So stick to it, it's like a win-win situation, where you can build a strong foundation of your business with no money, no credit, and no friends. 


You need to understand the business notion of Value. 

Consider this -- if I offered you an empty coke bottle, or a $100 bill, which would you choose? Most likely the $100 ... if we were standing on a street corner in the United States. But if we were standing together in the African jungle, and you had a baby, and the baby was thirsty and had a fever, and the nearest clean water was a quarter-mile away ... you'd want the bottle. 

The point of that is that Value, which is a quality of all things, is not tied to money - it's tied to circumstances. So what you need to find is something that people value, that is yours to sell, and can be sold frequently enough that you can generate money to sustain yourself and your preferred way of life. That is all that is required for any endeavor to be called a business. So -- if you have no money, no credit, and no talented friends -- then you will either have to use your own skills and abilities to sell something or you have to leverage someone else's money to start working on your business. 

I am going to choose option one because if you are new to the business, you don't want to risk someone's else money to go into debt. 

Let's start from the bottom - where you are broke, don't have a job, or don't want to do one because your mind is too creative to have a 9 to 5 job and you're a loner, don't make more friends. 

Now how to work upon your business idea and get successful then despair from the world to live your best life? 

Well, why did I say despair, Beacuse most of the entrepreneurs are craving freedom, they are not building a business just to get tied to if 24x7, they want to run their business like the back of the hand and live their best life. 

I don't know what's your case but, It's definitely passion, Freedom, and independence for me. 

Let's start work of your online business from scratch with no money, no credit and no friends to help

Step1:- Does your business plan worth it? 

It's really important to understand and learn about knowing the fact if your business plan going to work or not. Here's how you can do it. 

1. Ask the right questions Vague ideas and partial plans will likely cause a rocky start for your business venture. To get the answers you need, you must ask yourself the right questions.

- Why do I want to start a business? 

- What problem do I solve? 

- Who is my target customer? 

- What resources do I have? 

- What are my goals?

2. Know your competitors - You don’t want to get too caught up in what your competitors are doing. But, it is a good idea to understand their strategies. Before launching your startup, do an analysis of companies similar to yours. By looking at other businesses, you can see what has worked in the past. A smart business owner learns from those who have already attempted similar ideas. You gain valuable insights without suffering any losses because of a failed plan.

3. Know your capital - You should know how much your business going to be worth and you gonna finance it. You should every detail about the money flow in your business.

4. Market Research - One of the best sources to test your business idea is your target market. Define your ideal customer to hone in on who will be interested in your offerings. Then, do a market analysis on a small group. 

Here are some ways you can test your business idea with target customers: 

- Have a focus group: A focus group involves a small number of consumers who use your offerings and provide feedback. Focus groups, surveys, and interviews show what consumers think before you go all in. 

-Ask groups on social media: The internet puts your target market at your fingertips. Find online groups that might be interested in your business. Find out their general impressions and if they think you should do anything differently.

Basically, find out where your dream customer hangs out online and perform a survey where you can ask them a few questions about your business and if they would be interested in services like yours.

Nowadays, Most of the business sells their product & services, before even launching it in marketing. 
They do it with advanced marketing strategies where they perform surveys to let the audience know about their upcoming ventures. 

The best way to create a survey is to use Typeform - it's free and easy to use. 


Step 2:- Do you have what it takes?

The biggest mistake people do while starting their business, they don't invest in themselves. They don't set an entrepreneurial mindset, they don't learn the skills that require the most, and hence they 60% of them give up and fail. 

I want you to go through every business book that you can have. Not just theoretical knowledge or getting degree type of books but mostly to have a strong mindset, autobiographies, marketing, like books of napoleon hills, dale carnage, etc. 

It's very important to have a business mindset, it makes whole a lot of difference in one's attitude and behavior. 

Step 3:- Get Skilled in running a successful business. 

I want you to read this article, I have written it with the full intent of enlighting the real entrepreneur in you - The most essential skills required to be a successful entrepreneur

Step 4:- Setting up income streams while working on your online business plan. 

In business, there is going to be a lot that you need to learn first but I guess you can hire people to do those things for you if you get empowered in this one super skill. With which you can build enough income flow in your business that you can hire people to work for you. 

That one super skill is "Digital Marketing". 

Let's you are good at something and that is your business plan, for say you are a good cake maker, you make the best cake in the world but what you are gonna do if you can sell them? what if people don't even know about it?  what if you sell just a few cakes within your family and friend circle and that's it? 

It's not gonna work right?. 

If you make the best cake in the world, you can hire labours and tell them the process, they will do it for you. After all, you are going to be boss. So the one super skill that you need to get skilled in is "how to sell your cakes".

The backbone of any business is all marketing. Here's what it looks like,

Digital Marketing is the first most crucial skill that you need to learn in order to run your business. It's just not that, it's a way to create more than 30 online income streams just by using the internet in the right way.

Don't miss this step, Now you have to learn digital marketing in order to get your business all the success that it deserves in future and also to set multiple income streams to fund your business without distracting yourself from your business.

Here's how you can do it. Take an advanced course in digital marketing - Here's my resource for you.

and when you will know everything about business and marketing, then you will start applying that knowledge into your business niche, slowly you will grow your business portfolio online, on search engines and on social media. 

Once it happens, there are ways of monetizing your online business presence. remember at this point you don't have a business running but you have your online presence and you keep creating content to gather your future customer. 

Now set your multiple streams of income - Here's how you can do it - read this article - Create more than 30 online income streams with digital marketing.

Step 5:- Create your product/service and start your business.

Once you have enough cash flow. Now it's time to give yourself to your business. ALL IN. 
Create your products/services. Keep your branding marketing strong and don't give up.
If you build a strong business mindset then there is no coming back, you're gonna win no matter what.



This is how you do it. Most of the successful business people a loners, they don't have enough friends till now, they have business networks. They set big goals, and full fill them in any coast. 


So if you are one of them, All the very best. 
Now you can start an online business from scratch with no money, no credit, and no friends to help.

Share & bookmark this article to access it anytime you want.
___________________________________________________________________________________________________________________

Get access to your digital marketing expert guide - train yourself in less than a month and start creating your income streams on side of your learning.