5 Ways to Start a Business with $1,000 or Less

<strong>5 Ways to Start a Business with $1,000 or Less

Business ideas

1.Start a Workout Class.

“So many folks think they need tons of money and capital to start a business.  I dont.

I started Broadway Bodies in nov 2008 – the fun way to workout – with $700.   Broadway Bodies is a dance workout class choreographed to show tunes, movie musicals, and pop videos.   To start, we needed a flyer, a facebook page, a website, and sweat equity.

My first thought was in order to get people to come to class – we needed a website – websites are 1,000s of dollars or you can make one on your own or you can find a student to do it for you.  Our first site was $350 to get up and running – we have since added bells and whistles.  We need a graphic designer – you can find those on fiverr or i hired a guy for $50 to design our logo.  found in a networking directory.   next – we needed flyers and cards – vistaprint – cheap easy and fast.  etc….

As a professional and certified life and business coach – my enterprise is aptly named Fun to Fortune – I work with people on how they can discover their passion with very little capital and create a business.  I have broadway bodies to prove its really possible – revenues grew 60% in 2010 and its a great business model – i love to share that story and help others find a fun business that they can start with little risk, lots of passion and desire, and under $1,000.” – Jeff Vilensky

Thanks to Jeff Vilensky of www.broadwaybodies.com

2-Become a freelance Commercial Writer.

“My name is Peter Bowerman and I’m a self-published author of four award-winning books in the “Well-Fed” series (including 3 in “The Well-Fed Writer” family about freelance commercial writing – writing for businesses (projects like marketing brochures, ad copy, newsletters, web content, case studies, etc. – in short, any written material a company would have to create in the course of communicating with prospects, customers, and employees. I have coined the term “freelance commercial writing” for this field. It’s also known as copywriting, but the term “copywriting” is often used to denote ad copywriting, which is actually only one tiny sliver of the whole commercial writing world.

For those who know they’re good writers, it’s a bona fide low-investment, home-based business opportunity, and a little-known but lucrative writing direction, where practitioners can routinely earn hourly rates of $50-125+. And assuming someone has a computer, this opportunity has far less than a $1000 startup cost – perhaps half that or less. But it will require a lot of “sweat equity.”

I invite you to visit http://www.wellfedwriter.com for more information.

It is not a get-rich-quick proposition, but unlike most “freelance writing” opportunities which offer, at best, dubious financial prospects (i.e., writing for online-based content mills for maybe $5-10 per article), this is a professional writing direction whose practitioners are valued for the expertise they bring to the table and are compensated commensurate for that expertise, per the rates noted above. Hence, the name of my book – “The Well-Fed Writer” – to draw a clear distinction between this field and other “starving writing” opportunities.

Ideal candidates to excel in commercial freelancing are those who they have solid writing skills (though not necessarily brilliant talent) with broad-based experience and background in a particular industry who focus on pursuing writing opportunities within that field. That’s the beauty of the field – virtually any past career/industry/educational experience can be leveraged to build a business, making it a legitimate direction for those long-term unemployed looking for a way to capitalize on their deep knowledge of a field.

I’ve just released the updated edition of my first book, The Well-Fed Writer(originally an award-winning Book-of-the-Month club selection) – a heavily updated combination of that first book and its 2004 companion, TWFW: Back For Seconds.

The book has won four awards and is considered a how-to “standard” in the field.“

Thanks to Peter Bowerman of www.wellfedwriter.com

3-Create an Art, Jewelry or Clothing Store on Etsy.

“I started my part-time business with less than $1000 cash. I have a store on Etsy, which is an on-line handmade marketplace featuring work by artists, crafters, clothes designers, jewelry makers (etc). I make children’s portraits, and work from home.

My start-up costs were quite low – around $900. The costs included developing my product (around $700) and paying for some design work for a business card and stationary (around $200). Being able to have a store on Etsy eliminated the need for me to pay for an personal website and I got free advertising for my store by getting features on some large blogs such as Apartment Therapy and Cool Mom Picks. Etsy also has its own built in support community and forums which give wonderful advice to people beginning their business.” – Thanks to Emma Corcoran of www.bluedaydesigns.etsy.com

Another Etsy story:

“I made jewelry years ago, and didn’t make much money at it. However, now with Etsy, it is easy to create handmade items of all kinds and sell them over the Internet. Etsy charges fees out of the back end, so if you don’t sell anything, you don’t have to pay a listing fee. This is a win-win for Etsy and the handcrafter.” – Thanks to Christine Shuc

4-Teach Community Education Classes.

“I started teaching community education classes on home organizing topics. This led to several other organizing classes and eventually, to a wide variety of classes.

Basically, what I know, I can teach. This means I make about $5,000 a year teaching classes on everything from life change to gardening and cooking, to crafts and organizing. I recently learned how to make my own facials and scrubs and turned it into a class a month later. It brings value to the community, and I make some side money for a few hours of talking about something I enjoy doing.” – Thanks again to Christine Shuck

5-Bake Bread and Sell it

“I actually started making bread, taking orders, and hand-delivering to my active cleaning clients. Weird but true! The same people who are too busy to clean are often in the market for home-baked wholesome foods and willing to pay a premium.

I charge an average of $5 for a baguette and $7 for a loaf of organic, multi-grain specialty breads. I will also be delivering fresh, organic eggs for $3 a dozen once my layers start producing in mid-summer. The initial investment on the chicks was $100, plus supplies and feed during the winter months and a chicken coop, all for about a total of $500.” – Christine Shuck of www.cs-creativesolutions.com 

 

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