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214. How To Start A Business on a Budget
Manage episode 419200233 series 2955891
Indhold leveret af Sam Vander Wielen. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Sam Vander Wielen eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Starting an online business is much cheaper than starting a brick-and-mortar shop, but it still has costs. So how do you navigate those costs before your business starts bringing in any money? That’s what we cover in today’s episode.
I walk through the three-step process of how to start a business on a budget: Save, Research, Budget. I breakdown each one in detail, giving examples from my own experience.
Being realistic in your projections and plans leads to the empowered, quality decision-making necessary to build a sustainable business. I hope this episode helps you do that.
In this episode, you’ll hear…
- The three components of the saving phase: Save, Cut, Make
- What costs you need to research when starting a business
- How to factor a long runway into your starting budget
Click here to find the full show notes and transcript for this episode.
RESOURCES:
- Join the waitlist for my book “When I Start My Business I’ll Be Happy: A Practical, No BS Guide to to Successful Online Entrepreneurship”
- Try Siteground for hosting - free domain & professional site transfer with every plan (affiliate link) https://samvanderwielen.com/siteground
- Betterment - Join Betterment and get up to 5.50% variable APY for 3 months with a qualifying deposit (affiliate link) https://samvanderwielen.com/betterment
- Sign up for my free weekly email “Sam’s Sidebar”
- Join the Free Legal Workshop to learn how to get your business legally protected today!
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