The $100 MBA Show MBA2645 Q&A Wednesday: What Do I Do With Just $1,000 to Start a Business Today?
7 snips
Jul 2, 2025 Wondering how to kickstart your business with just $1,000? Discover practical strategies for launching without hefty investments. Learn the power of service-based offerings and how to build trust with your first customers. Find out how to validate your ideas through pre-selling and maximize your limited budget. Embrace courage and consistency in your journey, and listen closely to your customers for ongoing success. This straightforward approach could be the key to turning your modest savings into a thriving venture!
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Prioritize Momentum Over Vanity
- Invest your $1,000 primarily in building momentum with a clear plan and solving real problems.
- Avoid vanity expenses like logos or ads initially; focus on becoming a real business.
Start Service-Based To Save Costs
- Start with a service-based business leveraging your existing skills that require no inventory or overhead.
- Use affordable tools like Canva Pro or Zoom to package and sell your service professionally.
Omar’s Website Service Launch
- Omar transitioned from teaching to entrepreneurship by offering website building services.
- He packaged simple offers and charged extra for additional pages to attract initial clients.