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SEMINAR ON:
How To Start a
Business With No
Money
Facilitated By
Chinedum Azuh
CEO Learning Lab Nigeria, Online
Consultant With USA Learning
Annex, Self-Publisher, Radio/TV
Personality and a Syndicated
Columnist with Over 500 Articles.
Empowerment Speaker and
Gospel Preacher on High Demand.
Producer of the Motivational
Radio Program “Motivation To
Prosper with Chinedum Azuh”.
Presented @
University of
Johannesburg
Soweto Campus
Date: Friday 7th March
2014
Direct
Contact
Mobile: +2348032069925
www.facebook.com/cazuh
www.learninglabnigeria.com
www.chinedumazuh.com
info@learninglabnigeria.com
Purpose of
Presentation
To show you the step by step
process to starting a
business with zero capital.
Develop a Business Plan
 A “business plan” is a roadmap that describes
where you’re going and how you’re going to get
there
 A guide to achieving your goals
 A tool to spark investors’ interest
 A document that helps employees understand the
company’s mission
Let Your Creativity
Replace Your Money
Get your business "back to basics." Initially, try
to make sure your business is as lean as it can
be. Minimize your need for cash, which can be
hard to come by at first, and aggressively
increase sales activity through developing and
implementing your own creative ideas and
concepts. Always think big. One great idea
can be worth thousands of Rands.
Barter For What You Need
Bartering hasn’t gone the way of the dinosaurs, in fact it
is alive and thriving and is a great way to get the goods
and services you need without spending a dime.
Find other start-ups that have what you need and need
what you have. A good place to start might be any
suppliers that are also start-ups. They are cash-
strapped like you and probably need to spend money
they don’t have.
Also partner with other businesses and companies to
achieve your business dreams.
Build a Business Round the
Skills that You Already Possess
 What can you do that someone else might be
prepared to pay for? Can you make clothes, paint
and decorate, teach, write, programme a computer,
speak Italian? Do you have a hobby you could turn
into a business? If you possess a skill that other
people don’t, or would need to invest time and
money learning for themselves, that immediately
puts you at a big advantage. You can easily start a
business on that premise.
Get Customers To Pay You
Upfront
Get customers to pay you
upfront – or at worse, half
upfront, half later, so that
your costs are always
covered.
Maximize Your Existing Assets
When you're starting a new business from nothing, you
should use the resources you already have at your
disposal as much as you can. Turn your living room
into a workshop. Some of today's biggest companies
(most famously, Apple and Facebook) began in humble
places - garages, basements, and dorm rooms, for
instance. Don't be afraid to make the most of what
you've got! If you have a home, use it as the initial site
of your business, rather than renting an office. This
way, you'll save the money you would otherwise have
spent on rent. For tax purposes, you may want to write
off part of your home as a home office.
Raise Money Through Crowd-
funding
Crowdfunding is the practice of funding a project or venture by raising
many small amounts of money from a large number of people,
typically via the Internet.
There are dozens of different websites offering crowdfunding, all with
their own models, but here’s how it generally works.
You go to one of the crowdfunding sites and create a listing detailing
how much money you need, what you need it for, and what you can
offer in return. Your listing runs for a set period of time, say 30 or 60
days. Then people pledge money to your campaign, and you raise
money for your business, typically by having hundreds or even
thousands of people each contributing a small amount. Examples of
Crowdfunding Websites: indiegog.com, kickstarter.com etc.
.
 A “marketing plan” serves as a blueprint for
you to follow to get your products and services
known and recognized. It has:
– Competitor and issue analysis: challenges
and opportunities facing the business
– Objectives: What do you want to achieve?
– Action program: A “to-do” list
– Budget: Detail expenses
– Strategy: The Four “P’s”
Create Your Marketing Plan
Make Use of Free Technology
Build a website for nothing using an online
website builder such as moonfruit.com,
wix.com, simplesite.com or basekit.com.
Then get social networking. It’s free, it’s
easy, and it’s an amazing way of promoting
your business without spending any money.
Sign up to Twitter, create a Facebook page,
and join Linkedin.
Create An Online Presence
 Put Your Business on Social Media: Facebook,
Linedin, Tweeter etc.
 Write Articles and Publish on Article
Directories Like Ezine, Hubpages and Many
More
 Create a PowerPoint Presentation of Your
Business and Post it on a Site Like
Slideshare.net
 Create an E-book and Publish it Amazon
Kindle, Smashword etc.
Questions???
Get This eBooks for R50 Rand Only

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How to Start a Business With No Money

  • 1. SEMINAR ON: How To Start a Business With No Money
  • 2. Facilitated By Chinedum Azuh CEO Learning Lab Nigeria, Online Consultant With USA Learning Annex, Self-Publisher, Radio/TV Personality and a Syndicated Columnist with Over 500 Articles. Empowerment Speaker and Gospel Preacher on High Demand. Producer of the Motivational Radio Program “Motivation To Prosper with Chinedum Azuh”.
  • 3. Presented @ University of Johannesburg Soweto Campus Date: Friday 7th March 2014
  • 5. Purpose of Presentation To show you the step by step process to starting a business with zero capital.
  • 6. Develop a Business Plan  A “business plan” is a roadmap that describes where you’re going and how you’re going to get there  A guide to achieving your goals  A tool to spark investors’ interest  A document that helps employees understand the company’s mission
  • 7. Let Your Creativity Replace Your Money Get your business "back to basics." Initially, try to make sure your business is as lean as it can be. Minimize your need for cash, which can be hard to come by at first, and aggressively increase sales activity through developing and implementing your own creative ideas and concepts. Always think big. One great idea can be worth thousands of Rands.
  • 8. Barter For What You Need Bartering hasn’t gone the way of the dinosaurs, in fact it is alive and thriving and is a great way to get the goods and services you need without spending a dime. Find other start-ups that have what you need and need what you have. A good place to start might be any suppliers that are also start-ups. They are cash- strapped like you and probably need to spend money they don’t have. Also partner with other businesses and companies to achieve your business dreams.
  • 9. Build a Business Round the Skills that You Already Possess  What can you do that someone else might be prepared to pay for? Can you make clothes, paint and decorate, teach, write, programme a computer, speak Italian? Do you have a hobby you could turn into a business? If you possess a skill that other people don’t, or would need to invest time and money learning for themselves, that immediately puts you at a big advantage. You can easily start a business on that premise.
  • 10. Get Customers To Pay You Upfront Get customers to pay you upfront – or at worse, half upfront, half later, so that your costs are always covered.
  • 11. Maximize Your Existing Assets When you're starting a new business from nothing, you should use the resources you already have at your disposal as much as you can. Turn your living room into a workshop. Some of today's biggest companies (most famously, Apple and Facebook) began in humble places - garages, basements, and dorm rooms, for instance. Don't be afraid to make the most of what you've got! If you have a home, use it as the initial site of your business, rather than renting an office. This way, you'll save the money you would otherwise have spent on rent. For tax purposes, you may want to write off part of your home as a home office.
  • 12. Raise Money Through Crowd- funding Crowdfunding is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. There are dozens of different websites offering crowdfunding, all with their own models, but here’s how it generally works. You go to one of the crowdfunding sites and create a listing detailing how much money you need, what you need it for, and what you can offer in return. Your listing runs for a set period of time, say 30 or 60 days. Then people pledge money to your campaign, and you raise money for your business, typically by having hundreds or even thousands of people each contributing a small amount. Examples of Crowdfunding Websites: indiegog.com, kickstarter.com etc. .
  • 13.  A “marketing plan” serves as a blueprint for you to follow to get your products and services known and recognized. It has: – Competitor and issue analysis: challenges and opportunities facing the business – Objectives: What do you want to achieve? – Action program: A “to-do” list – Budget: Detail expenses – Strategy: The Four “P’s” Create Your Marketing Plan
  • 14. Make Use of Free Technology Build a website for nothing using an online website builder such as moonfruit.com, wix.com, simplesite.com or basekit.com. Then get social networking. It’s free, it’s easy, and it’s an amazing way of promoting your business without spending any money. Sign up to Twitter, create a Facebook page, and join Linkedin.
  • 15. Create An Online Presence  Put Your Business on Social Media: Facebook, Linedin, Tweeter etc.  Write Articles and Publish on Article Directories Like Ezine, Hubpages and Many More  Create a PowerPoint Presentation of Your Business and Post it on a Site Like Slideshare.net  Create an E-book and Publish it Amazon Kindle, Smashword etc.
  • 17. Get This eBooks for R50 Rand Only