The Side Hustle Show • 256: Bootstrapped Business Idea Brain Dump: 8 Business Models You Can Borrow w/ Zero (or Better than Zero) Startup Costs • Listen on Fountain
256: Bootstrapped Business Idea Brain Dump: 8 Business Models You Can Borrow w/ Zero (or Better than Zero) Startup Costs
In my annual member survey, one of the 3 most common obstacles I hear is the money needed to start a business. As in, "I don't have enough money to start a business."(The other 2 are time and ideas.)It's kind of a chicken vs. egg problem: you need money to start the business and you need the business to earn the money!But the truth is that most side hustles these days don't take a ton of cash to get off the ground. In fact, most of the businesses I've started have cost less than $500 to start.In this episode I'll share 8 business models that have no startup costs, and one of them even has a "better than zero" startup cost -- meaning you can get paid to acquire your inventory.The 8 Models:
The Perceived Value Plan
The Dealmaker Model
The Connector Email Model
The Curator Email Model
One Man’s Trash is a Another Man’s Treasure
Repackaging
The Pay for Performance Model
The Agency Model
Tune in to hear my examples of real businesses making it work under each of those models. It's sure to get your creative juices flowing on what kind of side hustle you could start!Stick around to the end of the show and I'll also share the actual startup costs for all of my businesses over the last 20 years.Full Show Notes: Bootstrapped Business Idea Brain Dump: 8 Business Models You Can Borrow w/ Zero (or Better than Zero) Startup Costs
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The entrepreneurship podcast you can actually apply! The award-winning small business show covers creative ways to make money online and offline, including online business, side gigs, freelancing, marketing, sales funnels, investing, and much more. Join 100,000+ listeners and get legit business ideas and passive income strategies straight to your earbuds. No BS, just actionable tips on how to start and grow your side hustle. Hosted by Nick Loper of Side Hustle Nation.