In this video, we’re going to talk about how to start an online store and internet business with no money and. So my first question is if you’re looking at this video why do you have no much some money but let’s assume you had no money what is the best way to do it well obviously you need money for an internet connection all that stuff I guess you could use the library.

So let’s say that you could use the library which has free internet okay. So what’s the next step well what I would recommend is starting with Kickstarter you could possibly do eBay or possibly do Amazon as well but we’ll talk about why that has some issues. So I would start with Kickstarter you don’t need any money to start a Kickstarter page it is 100% free they take some fees there’s a lot of reasons but I’ll do a whole separate video on why I recommend starting a business as a Kickstarter and some of the quick ones are you get to do you do a lot of the work for free you just build the website you do a lot of the marketing all that kind of stuff can take place for free and then you generate a bunch of money you have days in the sense a Kickstarter in 30 days to raise as much money as possible and what this does is it triggers scarcity in people’s mind which is one of the psychological triggers people say oh my gosh I only have 30 days to buy this product and you don’t even have to give them the product right away. So you’re able to raise money and then go take that money and create your product. So that answers the question of how can you start an online business or an internet store with no money well the answer is start a Kickstarter and raise the money to start the business now let’s say you don’t want to do Kickstarter for whatever reason you just hate Kickstarter and you hate.

IndieGoGo and you don’t want to do that the next option could be an eBay store and an eBay the good thing is when you sell an item you get paid first. So what you could do is you could start an eBay store go make that money and go buy the product or whatever that you’re trying to sell. So you can do some kind of arbitrage here and what I mean by arbitrage is sell something for twenty dollars that you can buy for fifteen dollars or whatever the price is I’d say eBay is your next option though I don’t really believe eita is a strong platform anymore the next option is Amazon and the reason I put me day before Amazon is with Amazon it takes a while before you get your money. So you could do it with Amazon.

But if you have literally zero money it’s going to be a little bit harder now I want to ask you why why do you want to start an online business with no money I think the better option would be to save up some money maybe stop you know going out to fancy dinners with your friends or stuff stop eating out as much I guess is a better way of saying start cooking at home saving that money stop spending money on whatever kind of expenses that are frivolous or not necessary wait till you save up five hundred dollars and if you really have until money five hundred dollars might sound like a lot of money wait till you save up $3 or $5 or whatever it is take that money and go selectively try to start in online.

So I’ll do a separate video on how to start an online store for cheap I would recommend possibly WooCommerce which you can you still have to pay for which you have to you can host with Bluehost or possibly shop by depending on what kind of products you’re selling. So save up that $3 and $5 and use that money and assume that you’re going to lose it and I know this is sad if you only ever saved up dollars in your life you know I know that’s not what you want to hear but assume you’re going to lose it and you’re going to learn some very valuable lessons that’s my opinion don’t try to start an online store with no money if you absolutely need to do a Kickstarter maybe eBay maybe Amazon but I think it’s better to save up some money and then go start a proper store and use it as a learning experience because the amount of knowledge you will gain by starting an online store just for $300 that you saved up over the last three months or whatever it is going to be. So much more than you ever learned in any other experience in your life. So that’s what I recommend if you enjoyed this video please click that subscribe button you have any questions please leave it in the comments down below last but not least if you are going to start an online store I have a ton of resources for free and click up here this is one of the free opportunities in your life and click up here to get my free ecommerce success pack which has checklists for starting your online store marketing ideas a lot of the marketing ideas are free a bunch of other goodies but thank you. So much for watching this video and I hope you enjoyed it.