Business

How to start a business with no money or experience. Is it even possible?

Jul 01, 2024

Many would-be entrepreneurs would say, "It takes money to make money." But that is not entirely true.


When it comes to starting a business, there is no argument to support that you need a product or service to sell. And, more often than not, you need some cash to get started—i.e. capital.


But unlike brick-and-mortar businesses, you don't need a lot of money or experience to start an online business.
In fact, there are several types of internet businesses that you can start in a day, with no money at all.


So if you're in the process of becoming your own boss but feel stuck between security and adventure because of the economy, your best chance is to take advantage of free online tools that require no technical expertise or prior marketing experience.



Owning and managing your own business online can give you the freedom to work from anywhere in the world, depending on whether you want to become a full-time entrepreneur or want to create a part-time business for extra income.
Anyway, there are hundreds of business ideas but many aspiring entrepreneurs don't know where to start.


Five tips for starting your first online business:
Take advantage of free, organic marketing.

Create a social media schedule and regularly post content to places like LinkedIn, Facebook, Instagram and Twitter.


Not only is this free promotion, it also helps your brand stand out and connect with your target audience.


Avoid unnecessary expenses.
A small amount here and there soon turns into a bigger amount and paying for internet tools before you see any results is a bad idea.
Use free marketing tools, organic marketing tactics and free design templates to grow your business in the beginning.


Invest your own time and work in the company.
This may sound obvious, but you always have to invest in something when it comes to starting a business. So when you're tight on cash, that investment has to be time and effort.
Hard work is necessary for any business to take off, but even more so for those without the resources to hire a team.


Get the word out about your new business, tell everyone you know. Use your social media bio to post links or post content that your network is likely to share.


Be more resourceful. If you have never done this before, it is highly unlikely that you will not encounter any difficulties.
But on the internet there is a lot of free information and resources that are just a search and click away from discovery.


Change your mentality from "I don't know how to do this" to "I can research how to do this."


While it's certainly possible to start an online business with no money or experience, that doesn't mean starting without resources.


One of the most important steps in starting a profitable business is finding the right platforms to run your business processes. Typically, this is done by creating multiple accounts and connecting the various platforms with third-party integration software. It can be complicated and difficult to set up.


But with a free Groove.CM account, you can easily create a website, build an email list or start an e-commerce store - all in one place. No hassle, just choose a pre-made template and use drag-and-drop to build and create everything you need in minutes.


So it's only natural that I recommend running your online business with Groove, an all-in-one Customer Relationship Management (CRM) solution designed specifically for digital and e-commerce marketers.


But even if you were to choose other service providers with similar offerings to promote your business, the following concepts would still remain.


Two ways to start a business without money or experience:
1.Become an affiliate marketer
2.Start a Dropshipping or print on demand e-commerce store


  1. Affiliate Marketing
    No customers? No products? No money? No problem! Affiliate marketing may be for you.


    When you are an affiliate marketer, you can start your own online business without having your own offering. In other words, you make money by promoting and selling someone else's product.


    You don't need to keep or maintain any inventory, you don't need to ship products, and you don't need to deal with customer service issues.
    It's a very handy passive income stream after the initial setup because the merchant handles everything after you get the customer to click on the product link.


    You offer the product for sale on your website, for example, and each offer has a unique link that traces back to your account with the affiliate partner.


    After a potential customer clicks on your links and then makes a purchase, you earn a commission on that sale.
    Commission amounts vary depending on each affiliate e-partner.


    Popular affiliate sites are eg ClickBank, Amazon and JVZoo.


    Your only costs, if any, would be marketing and advertising costs to drive traffic and generate sales – but this can also be done organically in the beginning.
    Just pick a niche for your online business and target your content marketing efforts to reach that group.


    This means you don't need any money or experience to get started with affiliate marketing.


    Although this is not always guaranteed to be the case.
    Some affiliate programs require you to buy the products first and then promote them - or even fill out an application - and then it's often a paid product that you're selling, which can be difficult for first-time affiliates.


    So while it's perfectly possible to research different affiliate marketing programs (and do your homework before promoting anything), there is a safe and easy way to get started by becoming a Groove JV affiliate.


    By promoting Groove, you don't have to sell anything. All you have to do is give away free accounts and you'll get paid when they upgrade later.


    ADVANTAGES OF AFFILIATE MARKETING:
    Low risk: No financial investment required (with Groove Partner Program)
    You will quickly get started
    Easily scalable
    High income potential
    Promote complementary products


    DISADVANTAGES OF AFFILIATE MARKETING:
    No traffic = no money
    Working as a third party
    No control over the competition


    Join the Groove Partner Program
    With a free Groove.CM™ account, anyone can get started and earn generous commissions by becoming a Groove affiliate.
    Approval is immediate, as there is no application process, and you do not need to upgrade to access the program.


    Technically, you don't even need to use Groove software to promote our product line.
    But why build your business on something else when it truly is the premier suite of digital marketing CRM tools on the market? It has everything you need (and more!) to convert leads into paying customers. It is better to promote it by using it! Also to promote other affiliate products.


    I want you to succeed with the Groove Partner Program. So when it comes to promoting affiliate sites, Groove has a team of internet marketing experts who know all about best practices and marketing strategies that have already been tried and tested.


    And it's all freely available in the GrooveDigital Academy, which you have access to as a member.


    There are also pre-made high-converting, customizable Groove Promotion Tools, which you can use to promote and monetize.


    So whether you're just getting started with affiliate marketing or have an existing network, you'll find the Groove program unlike any other – it's fast, easy and effective.


    Later, you can then start promoting other people's products as well. Or even start creating your own deals once you've made enough profit to reinvest in another business.


    Groove Partner Program Commission
    When you sign up for your free account, you get instant access to your own affiliate links and management area to start promoting Groove.


    By promoting Groove products, you will earn 20% commission with your free Groove account. By upgrading your membership, you earn 40% commission on Tier 1 and 10% on Tier 2.


    Check it all out here. It's really interesting.


    A Level 1 conversion is when you refer a lead to Groove (via your affiliate link) and they convert. If that user then goes on to refer others, using their affiliate link, you also get a commission on those conversions, which is level 2.


    20% commission on level 1 – for LIFE
    You can build a downline and get paid for their efforts
    Upgraded members get 40% on level 1 and 10% on level 2.
    The good news is that no one can ever take your leadership away from you. You own it for life. It's locked and hardcoded to you! We call this "first tag wins."


    It doesn't matter when or where they upgrade in the future - you own it and are guaranteed any commission.


    In addition, Groove Affiliates get paid weekly.


    For more detailed information on what you can do with the Grooves suite and completely free if you choose it go HERE


    How to build an affiliate site with GroovePagesⓇ
    Whether you want to become a Groove affiliate or an affiliate for other products, you need to build your first landing page for your affiliate sales channel. But again, this requires no programming, coding or design skills.


    The GroovePagesⓇ tutorials are designed to take you through a series of videos that show you how to build your affiliate page.
    Follow this step-by-step tutorial Put link for the movie in Groove Digital Academy, you can complete your own professional website in minutes.


    Plus, you can easily search our library of in-depth builds and walkthroughs on our official GrooveDigital YouTube channel.


  2. Drop shipping
    This is an e-commerce business model with one of the lowest barriers to entry.
    Usually, e-commerce entrepreneurs would have to spend a large amount of money buying and managing inventory in bulk before they can start selling products online. Dropshipping allows even the smallest business owners to start an online business – without any upfront investment.


    It eliminates the financial burden and risk of sitting with a warehouse full of products, which you may not sell, as well as the hassle of arranging logistics and deliveries.


    Essentially, this means that when a customer makes a purchase on your site, the order lands with your dropship supplier, who in turn ships the item directly to your customer.
    Much like affiliate marketing, you only need to focus on the marketing and advertising efforts to find customers.
    But your company is the one that represents the product and the overall customer experience, so it's important to use reputable dropshippers with a proven track record.


    ADVANTAGES OF DROPSHIPPING:
    No risk
    Run the business from home
    Requires little or no seed money
    No stock of products
    Ability to scale the company quickly
    Create your own store with e-commerce software


    DISADVANTAGES OF DROP SHIPPING:
    Low profit margins due to competition
    Inventory issues with products that are not in stock
    Your brand is vulnerable to mistakes by third parties
    Create your own Dropshipping store with GrooveKartⓇ READ THIS
    GrooveKartⓇ is a free e-commerce platform that handles all your e-commerce operations in one place. (Alternative: Shopify, $948+ per year)


    We make it easy for anyone to get started with GrooveKartⓇ.
    Other platforms charge you more for less, plus all the sneaky extra expenses for third-party apps that are all standard and free with GrooveKartⓇ. No hidden fees!


    Plus, the user-friendly interface means you can easily customize your store with hundreds of templates and a simple drag-and-drop builder – so you never have to code or hire a web designer.


    GrooveKartⓇ has a built-in integration with AliExpress, an online retailer that empowers small businesses to sell products to customers around the world with minimal capital.


    It also supports dropshipping, which allows companies to accept and fulfill orders without having any inventory. Exactly what you are looking for!


    Free access to all features
    Free hosting
    Free custom domains
    Free integrations and built-in apps
    Free drag and drop builder
    Free high converting templates
    Free integrations for payment processing
    Build your first free GrooveKartⓇ store Available here


    The shops are unlimited, but there is a limit to the number of shops you can build within a certain time period. For paid members this is once every 7 days. For free members you have to wait 30 days.


    With Best Regards
    Håkan Andersson


    PS. If you wonder about something or need help with how to start up, send me an email at contact(at)moveandpush.com.
    I answer almost immediately.