Q&A for How to Start Your Own Business Without Money

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How can I start a retail business with almost no money?

Art Lewin
Entrepreneur
Art Lewin is an Entrepreneur based in Los Angeles, California. He specializes in business, sales, marketing, and real estate investing. Art is the CEO and Founder of four companies based in Los Angeles: Art Lewin Bespoke, Healthy Choice Labs, SFR Properties, and Professional Business Network (PBN). Art is known globally for his exclusive custom-made and ready-to-wear business wear designs. Some of his notable clients include royal family members, politicians, and Hollywood stars including Hugh Hefner, Sylvester Stallone, Johnny Carson, Steve Allen, and William Shatner.

Art Lewin

Entrepreneur

Expert Answer

Try starting up your business online! With an online store, you'll only be spending money on your website.

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Question

How can I save money while running an online business?

Art Lewin
Entrepreneur
Art Lewin is an Entrepreneur based in Los Angeles, California. He specializes in business, sales, marketing, and real estate investing. Art is the CEO and Founder of four companies based in Los Angeles: Art Lewin Bespoke, Healthy Choice Labs, SFR Properties, and Professional Business Network (PBN). Art is known globally for his exclusive custom-made and ready-to-wear business wear designs. Some of his notable clients include royal family members, politicians, and Hollywood stars including Hugh Hefner, Sylvester Stallone, Johnny Carson, Steve Allen, and William Shatner.

Art Lewin

Entrepreneur

Expert Answer

Ask your vendors if they're willing to dropship their products to your customers.

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Question

I live in a small city with just a local community and want to establish a small business like a restaurant. Would these ideas still be just as important and practical?

Community Answer

It doesn't matter whether you're living in a local community or a big city because everyone loves food. Of course, ensure that the food is tasty and you food handling and location are clean. To begin with, keep the prices cheap and take on board the feedback from customers to improve your services to their liking.

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Question

How do I figure out what business I'd like to open?

Community Answer

Look at your interests and hobbies; they could become a business. Check out your area to see if there is a service or business missing that you can provide.

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Question

I would like to start a business helping people with daily tasks/chores. I have no money to start up or advertise, what can I do?

Community Answer

You don't really need a lot of money. Buy some white printer paper and design your own flyers. Hand them out door to door, and ask shop owners if they will hang your flyers in their windows. Create a website using something like Wix.com for free. You can order 100 business cards for like $10.

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Question

Is a gym a good investment?

Community Answer

You could sink a lot of money into gym equipment just to go bust (not able to pay the lease and staffing costs) and end up selling the equipment for 1/10th what you paid out. If you have your heart set on a gym, try being a PT or gym manager first.

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Question

I can't get any funding to start my restaurant. I tried SBDC, but they were not much help. Where can I find hard lenders or anyone that would invest?

Community Answer

You've already asked other business owners for referrals? It's not ideal, but you might go into overdraft or use a credit card just to get yourself up and running.

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Question

I am a teen and can invest 25,000 to start a money-making thing. What should I do?

Community Answer

Wait until you have finished college/university. During college/university, take courses on subjects that interest you. If you have a hobby, that's also a great thing with which to start a business.

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Question

I have a business already - sewing of men's shirts - but how do I make it grow to a bigger level?

NOBOSS

Community Answer

When you think of growing bigger, you want to consider how you can sell larger quantities. Not necessarily more "individual" customers, but 1-customer types who will buy larger quantities. Can you sell to organizations, schools sports teams, men's groups, clubs, businesses?

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Question

Is selling fabrics a good idea?

Community Answer

Yes, people love good quality fabrics. You can also offer some clothes or pillows, so even people who can't sew will enjoy the fabrics. In this area of marketing, a good window display is essential. Lay out dress forms, cozy cushions, and rolls of fabric, as well as some trinkets like an old sewing machine in your window.

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Question

Is it possible to begin my own skincare business at twelve years old?

Community Answer

Yes, it is possible, but you will probably need help from your parents, especially if you want to set up accounts to sell your products online.

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Question

How can I open a bakery without money?

NOBOSS

Community Answer

One thing's for sure - it takes money to make money! However, since you're already online, have a computer, and likely a phone camera, you could bake, take pictures, post on social media or your website, and deliver to customer in your neighborhood. If they don't order, you don't bake, so it doesn't cost you a thing!

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