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Many people are eager to start a business, but suffer from no funds. If you want to start a business, you have to consider how to start a low-cost business.
First of all must have psychological preparation: to have hardship and indomitable spirit, to be diligent, to have the right direction and method, to have good planning and life design. To make full use of existing resources, to play their own initiative, to play their own advantages, to avoid weaknesses, to be good at occasion. Here are a few ways to start a low-cost venture: In the smart industry, people with special knowledge or skills can start a business at a low cost, without the need for large capital investments and intellectual. Unique expertise, a particular area of expertise, such as management skills, marketing skills, patents. There are many examples of this. such as famous writers, lawyers, senior engineers, professional managers, inventors and so on. In fact, personal intelligence and expertise is a resource.
Labour-intensive service industries
These industries are largely dependent on the sale of labour, with very little capital investment. such as moving companies, domestic services.
Consolidating resources
People who can fully exploit and utilize and integrate resources and information are actually good occasion. The focus here is to make use of other people's resources to achieve their own careers. such as venture capital, is the combination of some people's intellectual resources and others ' capital resources. There are a wide range of intellectual resources, such as patents, new ideas such as entrepreneurship.
Cut into Low-cost Industries
In particular, some service-oriented industries, there are a large number of industries that do not require large capital investment, such as intermediary companies. Another trick is to not consider starting a business, but in the process of creating personal brand, such as some well-known professional managers, marketing experts, inventors and so on, and then use their intangible assets and other people's physical assets combined to achieve the goal of no business.
