How To Make Money With Nothing: Is It Possible and Can You Do It
It takes money to make money. Well, I think a better phrase would be…It takes money to have your money work for you.
So let’s cut to the chase here and talk about how to make money with nothing. Can it really be done and can you do it.
It’s true that the #1 obstacle facing most entrepreneurs is funding. And to dig a little deeper, the lack of funding is the #1 EXCUSE most entrepreneurs use to not go all out.
While funding is an obstacle, let’s be honest…it’s the allocation of finances that gets most entrepreneurs in trouble. Let me say that again…it’s not the lack of funds that holds you back; it’s what you do with the funds that are available.
As an example of how to make money with nothing I’m going to tell a story of how I made my first $4,000…with no money and how you can use the same principles to build your business.
In 2004 the Real Estate market was hotter than a late July day in Florida…which is REALLY hot.
I was in the middle of the top 3 hottest markets in the country…Southwest Florida.
Principle #1…Opportunity
So what does a young brash entrepreneur do? Quit my job, spend the next two weeks IMMERSING myself in an education of Finding, structuring and dealing property.
Principle #2 & #3 Decide and Education
Now when I say I immersed myself in education, I mean it. I locked myself in my bedroom of my apartment and studied EVERYTHING I could get my hands on about investing in residential Real Estate.
Three weeks after my “schooling” I had a property under contract and had 3 prospective buyers lined up to buy my contract.
That deal, by the way, went horribly wrong and I was almost out of business prior to even making one penny.
Principle #4 & #5 Massive Action and More Education
It was another month before I had put together a deal that returned me any money. To this day, I will NEVER forget the feeling of sitting at that closing table and walking away with a check made out to me for $4,000.
Pleased keep in mind, I had nothing. Remember, I had quit my job and had NO income for over 2 months.
What I did have was a HUGE DESIRE to make this work…even if it broke me!
Principle #6 Burn The Life Boats…There is No Other Option!
So, you want to know how to make money with nothing? It’s easy really, just go back through and relate each one of the 6 principles to your business.
I don’t care what business you are in. I still love Real Estate…maybe not currently in the wake of our economy, but it will always have a spot in my heart.
Your Direct Sales business can be started the exact same way.
The day you start you are given an Opportunity that you don’t have to create! Someone has created the company, product and compensation plan.
Obviously you already decided to join an opportunity. And, chances are if you’re with a Great Company, the education you need to succeed is provided to you. And if it’s not, you are at no shortage of information.
So, the only thing left for you to do is to Take Massive Action and continue to learn from your experiences.
Oh yeah, and I almost forgot…Burn The Life Boats! If you’re going to make it and learn how to make money with nothing, you’ve got to be ALL IN! Nobody has ever done anything worth-while with a half hearted attempt.
There ya go, that’s how to make money with nothing. It really is easier than you think. Don’t fall victim to the “I don’t have enough….” mentality. That thought process will always keep you from succeeding.
So can it be done? Absolutely Yes!
Can You Do it? I believe you can…Do You?

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