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I found this on Quora and thought it might be beneficial. I have included the original poster- Chiang Liu. He was then quoted by Hector Quintanlla. If not in the right spot, please either move to the right area or delete all together.
Chang Liu
Startup guide at Seven Parallel Consulting, Chicago, IL (2007–present)Fri
Hector Quintanilla
Hector Quintanilla
Founder at BeBusinessSmart.com (2019–present)Updated 4y
I want to start a business but I don't have money. What do I do?
No money is a disaster!
Let me help you BEFORE you suffer more!
My best advice is for you to QUIT!
What?
Yes! Just quit!
Honestly, it’s too difficult!
It’s complicated!
No money… no business!
Right?
I’ve been there before, and you know what I did?
I QUIT!
When I faced difficult problems I would go home each day avoiding the challenge. I gave up easily. Very easily!
It was painful!
Every day I ended up in bed feeling empty, defeated — like a victim.
Victim of what?
To answer your question:
Welcome to the entrepreneurial life!
So there you go! This is it!
Your new job is to solve problems! Difficult problems! Multiple problems!
But now let me tell you the truth:
Really! There is no worst feeling on earth than embracing defeat!
So what should you do?
NO MONEY? CHANGE YOUR ATTITUDE!
No money? Solve it!
Honestly, you will never have "enough" money. Never!
Remember this:
Entrepreneurs can't always control what they have — but they can control what they do with what they have.
Chang Liu
Startup guide at Seven Parallel Consulting, Chicago, IL (2007–present)Fri
Hector Quintanilla
Hector Quintanilla
Founder at BeBusinessSmart.com (2019–present)Updated 4y
I want to start a business but I don't have money. What do I do?
No money is a disaster!
Let me help you BEFORE you suffer more!
My best advice is for you to QUIT!
What?
Yes! Just quit!
Honestly, it’s too difficult!
It’s complicated!
No money… no business!
Right?
I’ve been there before, and you know what I did?
I QUIT!
When I faced difficult problems I would go home each day avoiding the challenge. I gave up easily. Very easily!
It was painful!
Every day I ended up in bed feeling empty, defeated — like a victim.
Victim of what?
- I want to start a business but I’m out of ideas.
- I want to start a business but I don’t have the time.
- I want to start a business but I don’t have the right connections.
- I want to start a business but I’m too late to the market.
- I want to start a business but I don’t have a business partner.
- I want to start a business but I’m too old.
- I want to start a business but I’m too young.
- I want to start a business but nobody supports me.
- I want to start a business but I dont have the skills.
- I want to start a business but I can’t find customers.
- I want to start a business but I dont have a prototype.
- I want to start a business but it’s too hard.
- I want to start a business but my family wont support me.
- I want to start a business but I’m in college.
- I want to start a business but I will be embarrassed if I fail.
To answer your question:
Welcome to the entrepreneurial life!
So there you go! This is it!
Your new job is to solve problems! Difficult problems! Multiple problems!
But now let me tell you the truth:
Whenever I give up and went to bed defeated, allowing my “victim” attitude to take over — I was DEAD!WE WERE CREATED TO FIGHT! WE FEEL AMAZINGLY ALIVE WHEN WE ARE FIGHTING FOR WHAT WE BELIEVE IN AND WHAT WE WANT!
Really! There is no worst feeling on earth than embracing defeat!
So what should you do?
NO MONEY? CHANGE YOUR ATTITUDE!
No money? Solve it!
- Change your plans
- Talk to people
- Find a business partner
- Brainstorm with friends
- Knock on doors
- Attend seminars
- Attend local events
- Talk to other entrepreneurs
- Go to local real estate investors meetings
- Talk to family members
- Talk to your local universities
- Research government business loans
- Attend trade shows
- Talk to your teachers
- Talk to angel investors
- Talk to venture capital firms
- Get a business coach
- Find a mentor
- Research crowdfunding campaigns
- Pre-sell your product
- Use kickstarter
- Try indiegogo
- Search for peer-to-peer loans
- Visit local incubators
- Change your business model
Honestly, you will never have "enough" money. Never!
Remember this:
Entrepreneurs can't always control what they have — but they can control what they do with what they have.
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