How to start any kind of business with just $1,000?

Passiveearner

Notable
Member
Dec 28, 2022
3,198
202
Dex
$0.000
Raw Dex
$5.002
I wish to start a business by investing a small amount of money. I really hope that there could be certain kinds of businesses that I might be able to start just by investing a really small amount of money. $1,000 is not at all a huge amount of money at all. So, how to start a business with that amount?
 
AgoraForo - Digital Marketplace & Freelancer Forum

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
For me, I will just keep it with time deposit in a bank. Then, I will take time to think what business should be suitable for me to startup with this amount of money.
 

SHAHID987

Notable
Member
Nov 15, 2022
3,883
228
Dex
$3.295
Raw Dex
$0.033
For me here 1000$ is very reasonable amount to start, many business as even I can start a medical store with it. After long experience I realize that we must start business with good capital lest it becomes very difficult to get success in it.
 

eldavis

Very Familiar
Member
Sep 4, 2022
14,911
660
Dex
$0.000
Raw Dex
$4.724
If you are having a thousand dollars as your startup capital, i think the first thing to do is to decide on what you want to do then create a business plan for it.
 

cherry123

Popular
Member
Sep 5, 2022
27,359
2,610
Dex
$0.591
Raw Dex
$0.000
This depends on the country you are but $1000 is big money in my country Nigeria and with that amount of money, you can start a fish selling business here
 

freelancermaria

Well Known
Member
Oct 24, 2022
5,560
227
Dex
$0.000
Raw Dex
$1.003
Starting a business with $1000 is a great opportunity. If you have baking skills, you could consider running a home-based business like a small eatery or selling homemade baked goods. Another option is to launch a dropshipping business.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,198
202
Dex
$0.000
Raw Dex
$5.002
Well, that amount of capital is not sufficient according to me. With that much money, I would rather start trading the financial markets. This may certainly require creating a very effective trading strategy for sure.

A capital of $1000 is enough to start a standard bakery and get all the licenses that are involved.
 
Back
Top