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2010
How to start a business without money. Step 1. Choosing a business niche
Please Read First: How to start a small business from zero without money.
We are about to start a business without money, so not all business niches and markets are acceptable. The best way is to take your hobby as a base for future business.
For example, you are a journalist, that’s your passion and your labor of love. Take a look around and find a business niche that could generate income. There are innumerable options and some of those are:
1. educational web portal for journalists
2. social network to exchange information materials
3. working as a freelance journalist
Choose one option or try to work with all 3 if you feel like there’s enough time and knowledge.
If you are a passionate fisherman, then your business ideas can be:
1. e-shop selling fishing accessories
2. organization of fishing trips
3. fishing master classes
Or, for example, you are a …. Just fill in your option. What you like to do, the niche that’s really yours! Decide on this question and pass to the second step.
Just to clear up – 98% of ideas that will come to your mind can be a good base for your business. The other question is whether these ideas have commercial potential. So, when choosing a business project, take this into consideration!
To be continued…
