How to start a business with (almost) no costDec 31, 2009
Anyone starting a new business discovers on day one that it's way too expensive to run one. All those costs you'll need to bear -- rent an office, staff the team, find a bookkeeper, design a logo, make a website. Or... do you, really?Well, you don't. It's far more easy. The only thing you are going to need from day one are the customers. The revenue model. Everything else you can be and do by yourself in the beginning.
- Rent an office? Build a business you can start from your garage or kitchen instead.
- Staff the team? Build a business you understand yourself. Be your own first employee.
- Find a bookkeeper? You can at least do most of it with Outright or some other bookkeeping self service which suits your accounting and tax laws.
- Design a logo? Better use a simple text logo while getting started. You might buy some abstract stock image to complement it for 10 bucks.
- Make a website? That's why Edicy was born. To let everyone make their websites on their own.
Go for professional designers, bookkeepers, fancy offices and Harvard-educated staff members later on when cashflow is established.