I read that you can start a business without money. You just have to be trustworthy and approach the wholesalers to buy on credit and pay later. Do you think this happens in reality? can someone start a business without money?
Starting a business without capital in 2022
- Thread starter cherry123
- Start date
In my country we have a lot of those. My cousin started her shop like that. She got her first stock on credit, her shop was filed with goodies and everything she needed. Then she started paying them off on. Amonthly based on her profit.
Years back this might actually be possible but not presently. I don't think there is anyone willing to take such risk when it comes to their business. It's pretty hard to find trustworthy people, hence no one is willing to trust anyone.
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- #5
Yeah a lot of businesses I know have started this way. You just have to be trust worthy to enable the wholesalers trust you wholely.
It is important to have a capital if you want to start a business. However, in some cases, as I read from the comments here, it is possible to start a business without it.
Yea its very much possible to start up your business on credit but you have to have something worthy enough to be a collateral, trust here is a rare word.
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- #8
Yeah you just have to know some wholesalers and be trust worthy. You can approach them for credit purchases
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- #10
Well, there's need to be trustworthy so that you can be able to do business with people smoothly. So you need to be trusted.Trust??
With the situation right now nobody can be trusted.
Yeah, but it will take a long time to win their trust .
Yeah, with quality skills you can earn well online without a capital.
You can start an online business from scratch without capital. You can run an agency where you collect commission by linking buyers with sellers. You can also get a seller to buy a product at your own price and get the product from a cheaper seller.
Thank you for agreeing with me.
You're welcome, you had a solid point there.
It's my pleasure.You're welcome, you had a solid point there.
Its very possible if you have the right skills .
But she has already said the way to do that but taking orders and paying back the sale money after selling the products