How to start a business with no money and best investments for startups

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Ireland News News

I started my company with $40 and grew it to $4 million in revenue. Here are the best business investments I made and what entrepreneurs should avoid.

Dunlap has scaled the multimedia platform Her First $100K to also include a podcast, book, and more than 2 million social-media followers. Through her financial-advice platform, Dunlap shares her guidance for investing, saving money, and building a business.

This is an as-told-to story based on an interview with Dunlap. It has been edited for length and clarity. I started the business with very little money, just $20 for the website and $20 for the domain. That low startup cost was crucial for the business, especially because it was a side hustle at first.

While I started the business on my own, outsourcing tasks and bringing people onto the team was the best investment I ever made. In fact, the moment I could outsource, I did: I hired my first freelancer when the blog was still a side hustle. The first tasks I outsourced were email marketing, graphic design, Instagram posting, and calendar management. I realized that anything I didn't have to physically be there for could be outsourced to save time and energy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amazing growth.

Impossible!

Your government had made sure the environment is friendly

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

15 stocks to buy now as small caps soar in 2023: BMOBMO: These 15 top stocks will continue to outperform the market as an explosive rally for small caps gains momentum
Source: BusinessInsider - 🏆 729. / 51 Read more »