The $100 MBA Show
MBA2603 Q&A Wednesday: I’m dead broke! What do I sell?
Mar 26, 2025
Feeling financially stuck? Discover how to turn your skills and expertise into income without any initial investment. Learn practical steps for freelancing, consulting, and leveraging your network to find clients. Explore effective strategies for financial recovery by selling services and focusing on quality and referrals. Lastly, embrace hope and take small actions to kickstart your journey to profitability while gaining valuable resources and insights for your entrepreneurial venture.
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Quick takeaways
- Leveraging existing skills and expertise to offer services instead of products allows individuals to start a business with zero capital.
- Building a network and securing initial clients through personal connections and freelance platforms can effectively kickstart income generation.
Deep dives
Turning Skills into Income
Starting a business without capital is not only possible but can be highly effective by leveraging existing skills and time. Selling services, rather than products, eliminates the need for upfront costs, allowing individuals to capitalize on their expertise. For instance, sharing practical knowledge such as website design or consulting can attract paying clients. By focusing on what one already knows, aspiring entrepreneurs can quickly transition into income-generating roles without needing significant financial resources.
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