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How To Start A Business With $500 And Grow To $10K! | Bold Business
Posted
June 16, 2021
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June 16, 2021
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7:22Now PlayingIt’s the era of the millennial entrepreneur, and 66% of millennials want to start a business, but not everyone can succeed. To get the tips to start a business that you need, we turned to an expert in business strategy!
Welcome back to Bold Business with Philip Michael! Be sure to like, subscribe, and hit the notification bell for business news, and all things BOLD.
Today, Philip is joined by Dr. Heather Simone, a business strategist and an expert on how to be business savvy. Here is her advice and her tips to start a business.
How much money would someone need to start a business?
According to Dr. Heather Simone, someone would need to save up $500 to start a business. In today’s world and the new normal, our reach is truly global. And with $500 you are able to grow a $10k business.
What kind of $10k business can an entrepreneur start with $500?
An entrepreneur can start both a service business and a product business with just $500.
How is this possible?
First off, figure out your genius zone. Your genius zone is your niche market. What do you have a knack in that someone else might not have? Find where your niche market is and locate the people in that niche market. And then take that niche market and go from there.
What are you skilled at?
What are you passionate about?
What will they pay you for?
And remember, everyone’s genius zone looks different!
You can learn more about Dr. Heather Simone here
👇 FOLLOW DR. HEATHERSIMONE 👇
Instagram: @drheathersimone
Twitter: @drheathersimone
👇 FOLLOW PHILIP MICHAEL 👇
Instagram: @yfwtb
Twitter: @Philip_Michael
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