Don't start a business by spending money

don’t start a business by spending money

don’t start a business by spending money anybody can spend money and the people

anybody can spend money and the people

anybody can spend money and the people who spend a lot of money to start a

who spend a lot of money to start a

who spend a lot of money to start a business are usually the ones who end up

business are usually the ones who end up

business are usually the ones who end up losing a lot of money the key is the

losing a lot of money the key is the

losing a lot of money the key is the bootstrap it up start making money show

bootstrap it up start making money show

bootstrap it up start making money show me and show yourself that you can make

me and show yourself that you can make

me and show yourself that you can make this into a business and put it back

this into a business and put it back

this into a business and put it back into your company continue the growth hi

into your company continue the growth hi

into your company continue the growth hi I’m Evan Carmichael I believe that

I’m Evan Carmichael I believe that

I’m Evan Carmichael I believe that hungry entrepreneurs deserve help and

hungry entrepreneurs deserve help and

hungry entrepreneurs deserve help and today mates in a question from Michael

today mates in a question from Michael

today mates in a question from Michael who’s one of my readers who wrote insane

who’s one of my readers who wrote insane

who’s one of my readers who wrote insane let me ask a specific question what is

let me ask a specific question what is

let me ask a specific question what is your best advice putting on the spot

your best advice putting on the spot

your best advice putting on the spot here your best advice if you have no

here your best advice if you have no

here your best advice if you have no personal seed money no credit available

personal seed money no credit available

personal seed money no credit available and you’re not sure which idea would be

and you’re not sure which idea would be

and you’re not sure which idea would be the one to get you going Michael welcome

the one to get you going Michael welcome

the one to get you going Michael welcome to the club you know what a lot of

to the club you know what a lot of

to the club you know what a lot of entrepreneurs when they start up they

entrepreneurs when they start up they

entrepreneurs when they start up they don’t have a rich uncle they don’t have

don’t have a rich uncle they don’t have

don’t have a rich uncle they don’t have a lot of seed money they don’t have tons

a lot of seed money they don’t have tons

a lot of seed money they don’t have tons of credit they don’t have people backing

of credit they don’t have people backing

of credit they don’t have people backing them this is on you and if you can

them this is on you and if you can

them this is on you and if you can bootstrap your business up it gives you

bootstrap your business up it gives you

bootstrap your business up it gives you a huge chance of being able to be

a huge chance of being able to be

a huge chance of being able to be successful versus all the other guys you

successful versus all the other guys you

successful versus all the other guys you don’t need that stuff to be successful

don’t need that stuff to be successful

don’t need that stuff to be successful the entrepreneurs who believe they need

the entrepreneurs who believe they need

the entrepreneurs who believe they need to have the outside capital make

to have the outside capital make

to have the outside capital make themselves go if you have that limiting

themselves go if you have that limiting

themselves go if you have that limiting belief then it’s always going to hold

belief then it’s always going to hold

belief then it’s always going to hold you back so congrats writing in wanna

you back so congrats writing in wanna

you back so congrats writing in wanna start this business that having the

start this business that having the

start this business that having the courage to get it going and knowing you

courage to get it going and knowing you

courage to get it going and knowing you don’t need to have a lot of money to

don’t need to have a lot of money to

don’t need to have a lot of money to launch it the best way to do it is start

launch it the best way to do it is start

launch it the best way to do it is start talking to your clients start talking to

talking to your clients start talking to

talking to your clients start talking to potential customers if you have multiple

potential customers if you have multiple

potential customers if you have multiple ideas go talk to different potential

ideas go talk to different potential

ideas go talk to different potential customers and see what they think get to

customers and see what they think get to

customers and see what they think get to know their problems get to know what

know their problems get to know what

know their problems get to know what makes them tick ask them what do you

makes them tick ask them what do you

makes them tick ask them what do you think about this idea see if they like

think about this idea see if they like

think about this idea see if they like it see if they’ll order from you right

it see if they’ll order from you right

it see if they’ll order from you right that’s going to be the big test will

that’s going to be the big test will

that’s going to be the big test will they actually spend money with you

they actually spend money with you

they actually spend money with you you’re not going and asking for the sale

you’re not going and asking for the sale

you’re not going and asking for the sale though you’re asking to go in just to

though you’re asking to go in just to

though you’re asking to go in just to talk to them get to know their problems

talk to them get to know their problems

talk to them get to know their problems present potential solutions and see if

present potential solutions and see if

present potential solutions and see if they’re interested in it or not the best

they’re interested in it or not the best

they’re interested in it or not the best feedback you’ll get is going to come

feedback you’ll get is going to come

feedback you’ll get is going to come from potential customers I made this

from potential customers I made this

from potential customers I made this mistake early on in my software company

mistake early on in my software company

mistake early on in my software company I spent tons of time working on this

I spent tons of time working on this

I spent tons of time working on this feature that I thought my customers

feature that I thought my customers

feature that I thought my customers wanted it’s the most complicated feature

wanted it’s the most complicated feature

wanted it’s the most complicated feature in our software and it turns out they

in our software and it turns out they

in our software and it turns out they didn’t really care and luckily I had

didn’t really care and luckily I had

didn’t really care and luckily I had enough other great stuff in my software

enough other great stuff in my software

enough other great stuff in my software they’ll make it work

they’ll make it work

they’ll make it work but a lot of entres make that mistake

but a lot of entres make that mistake

but a lot of entres make that mistake you know learn from my mistake build

you know learn from my mistake build

you know learn from my mistake build your business around your customer and

your business around your customer and

your business around your customer and find out you know you want to know if

find out you know you want to know if

find out you know you want to know if it’s a good idea find out someone’s

it’s a good idea find out someone’s

it’s a good idea find out someone’s willing to pay you for it and the best

willing to pay you for it and the best

willing to pay you for it and the best way to get started if you’re going to

way to get started if you’re going to

way to get started if you’re going to bootstrap is around the service you may

bootstrap is around the service you may

bootstrap is around the service you may have a great product idea you may not

have a great product idea you may not

have a great product idea you may not want to trade your time for money but at

want to trade your time for money but at

want to trade your time for money but at the start you got to get close to your

the start you got to get close to your

the start you got to get close to your customers and you got to keep your costs

customers and you got to keep your costs

customers and you got to keep your costs down and that comes from starting the

down and that comes from starting the

down and that comes from starting the service find a potential customer with a

service find a potential customer with a

service find a potential customer with a problem and offer to help solve it for

problem and offer to help solve it for

problem and offer to help solve it for them see what they think am I starting a

them see what they think am I starting a

them see what they think am I starting a service it does a couple things it gets

service it does a couple things it gets

service it does a couple things it gets you close to your customers it gets you

you close to your customers it gets you

you close to your customers it gets you to really understand that their problems

to really understand that their problems

to really understand that their problems if it’s their business or their personal

if it’s their business or their personal

if it’s their business or their personal life what their challenges are and how

life what their challenges are and how

life what their challenges are and how you can help it also brings in

you can help it also brings in

you can help it also brings in consistent revenue for you you’re

consistent revenue for you you’re

consistent revenue for you you’re keeping your cost down you’re bringing

keeping your cost down you’re bringing

keeping your cost down you’re bringing wrapping you in you’re getting to the

wrapping you in you’re getting to the

wrapping you in you’re getting to the point of survival where you have to go

point of survival where you have to go

point of survival where you have to go back and get a job again working for

back and get a job again working for

back and get a job again working for some way that you hate doing something

some way that you hate doing something

some way that you hate doing something that’s beneath you and and watching

that’s beneath you and and watching

that’s beneath you and and watching other people make big dollars off of

other people make big dollars off of

other people make big dollars off of your idea you need to get money coming

your idea you need to get money coming

your idea you need to get money coming in and that starts from having a service

in and that starts from having a service

in and that starts from having a service if you have consistent cash flow coming

if you have consistent cash flow coming

if you have consistent cash flow coming in then that gives you the platform for

in then that gives you the platform for

in then that gives you the platform for growth if that’s launching product if

growth if that’s launching product if

growth if that’s launching product if that’s launching new services as I bring

that’s launching new services as I bring

that’s launching new services as I bring it on a team that that’s growing beyond

it on a team that that’s growing beyond

it on a team that that’s growing beyond your local market whatever it is growth

your local market whatever it is growth

your local market whatever it is growth so you’re asking all the right questions

so you’re asking all the right questions

so you’re asking all the right questions this is great i’m excited for you i hope

this is great i’m excited for you i hope

this is great i’m excited for you i hope you’ll take those steps start by talking

you’ll take those steps start by talking

you’ll take those steps start by talking to your customers see what they think

to your customers see what they think

to your customers see what they think see which there was they like best and

see which there was they like best and

see which there was they like best and start again with that service instead of

start again with that service instead of

start again with that service instead of the product to help you bootstrap it up

the product to help you bootstrap it up

the product to help you bootstrap it up for everybody who’s watching if you’re

for everybody who’s watching if you’re

for everybody who’s watching if you’re in the same situation you do not need a

in the same situation you do not need a

in the same situation you do not need a lot of money to start a business the

lot of money to start a business the

lot of money to start a business the guys who spend a lot of money often lose

guys who spend a lot of money often lose

guys who spend a lot of money often lose a lot of money it doesn’t guarantee your

a lot of money it doesn’t guarantee your

a lot of money it doesn’t guarantee your success by any means successful

success by any means successful

success by any means successful entrepreneurs by the most part if you

entrepreneurs by the most part if you

entrepreneurs by the most part if you research their stories look at any

research their stories look at any

research their stories look at any famous entrepreneur look up to for the

famous entrepreneur look up to for the

famous entrepreneur look up to for the most part they started with nothing it

most part they started with nothing it

most part they started with nothing it was them in a dream and a lot of hard

was them in a dream and a lot of hard

was them in a dream and a lot of hard work and you can do the same good luck

work and you can do the same good luck

work and you can do the same good luck for those of you watching if you liked

for those of you watching if you liked

for those of you watching if you liked the video you know the drill thumbs up

the video you know the drill thumbs up

the video you know the drill thumbs up below thank you so much you love seeing

below thank you so much you love seeing

below thank you so much you love seeing them come in and I’d love to know what

them come in and I’d love to know what

them come in and I’d love to know what you think about the video please leave a

Don’t start a business by spending money

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