If I was handed $100 today to start a business, here is how I would invest that money:
What Cost A great domain name from NameCheap $10 one off
Domain hosting from Hostgator $6 monthly
WordPress Design (use Elance or oDesk) $50 one off
Logo design (through fiverr.com) $5 one off
Mentoring by a successful entrepreneur $10 lunch
PayPal Account to receive payments $0
e-Junkie account to sell digital products $5 monthly
3 Social Media profile designs (Fiverr.com) $15 one off
Total Spent $96
There are plenty of services that let you build a business for next to nothing. Take advantage of them.
No need to break the bank is there? In fact, you should make your biggest investment in yourself:
The Suitcase Entrepreneur: Create freedom in business and adventure in life by Natalie Sisson
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“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.
— Charles T. Munger”
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Disclosure of Material Connection:
Some of the links in the post above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”