How to start a company without money

How to start a company without money? 10 Strategies for Starting a Low-Cost Business

In today's economic environment, many people have entrepreneurial dreams but suffer from lack of funds. But in fact, you can start a company without money! The following is a low-cost entrepreneurial guide compiled based on hot topics on the Internet in the past 10 days to help you realize your entrepreneurial dreams.

1. Inventory of hot topics in the field of entrepreneurship in the past 10 days

2. Top 10 solutions for starting a company without money

1. Choose an asset-light entrepreneurial model

Priority will be given to industries that do not require large investments in fixed assets, such as service-based, paid knowledge, and self-media. Recent data shows that 63% of newly registered companies in 2023 will be asset-light.

2. Make full use of free resources

3. Apply for government entrepreneurship support

Local governments provide a variety of entrepreneurial subsidy policies. Recent popular policies include:

• Entrepreneurship subsidy for college graduates: up to 50,000 yuan
• Guaranteed loans for small and micro enterprises: up to 3 million yuan
• Tax exemption policy: Multiple taxes can be reduced or exempted in the first 3 years

4. Adopt advance payment model

Obtain startup funds through pre-sale of memberships, service packages, etc. Data shows that 35% of start-ups solve their initial funding problems through advance payment.

5. Find angel investors

Complete business plans and participate in entrepreneurship competitions and roadshows. In the first half of 2023, total angel investment reached 12 billion yuan, an increase of 15% compared with the same period last year.

6. Leverage social media marketing

Build brand awareness at zero cost. A recent case shows that a start-up company gained 100,000 fans in 3 months through Douyin marketing, achieving zero-cost customer acquisition.

7. Select the company type with the minimum registered capital

8. Adopt outsourcing cooperation model

Outsource non-core operations to reduce fixed costs. A recent survey shows that 78% of start-ups use outsourcing to control costs.

9. Join a startup incubator

Joining the incubator will provide you with office space, financial support, mentor guidance and other resources. There are currently more than 5,000 entrepreneurial incubators across the country, with a success rate of about 65%.

10. Start with a side hustle

First use your spare time to verify the business model, and then gradually expand the scale. In the past three months, the number of discussions on the topic of "turning side hustle into main business" on social media has increased by 320%.

3. Sharing of successful cases

Several zero-cost entrepreneurial cases that have attracted much attention recently:

• Case 1:A college student established an online education company at zero cost through a knowledge payment platform, with annual income exceeding one million
• Case 2:Housewife uses social media to carry out community group buying, earning 50,000 yuan a month with zero inventory model
• Case 3:Programmer develops SaaS products part-time, and starts a full-time business after receiving angel investment

4. Entrepreneurship Risk Tips

Although you can start a company without money, you still need to pay attention to the following risks:

1. Risk of cash flow disruption
2. Over-reliance on individual customers
3. Legal Compliance Risk
4. Team stability risk

Conclusion:

Entrepreneurship is not about the amount of capital, but about creativity and execution. With proper planning and resource integration, you can start your own business even if you don’t have money. The important thing is to identify market demand, control costs, and develop gradually. I hope the strategies provided in this article can help you go further on your entrepreneurial journey.