Trying to start a business while not having the financial means is very difficult for me especially while in college.

Trying to start a business while not having the financial means is very difficult for me especially while in college.

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  1. Anonymous

    Talk to someone in your college's career center and also explore grants you might qualify for. Depending on what the business is, there may be charitable groups willing to help you as well. If you are a member of a sorority or other campus group, the alumni association might help too.

  2. OLIVIA JOHNSON

    Hi there!

    Sounds like you looking to pursue your dreams! IF so, good job. No better time to start than young.

    A few things to consider that could assist in shifting your situation:

    Gain some part-time income. It is really tough to live and mentally be available to pursue certain things if you don't have some kind of income. Even if your bills are covered by your parents, grants or anything else, having $100 in your pocket or $50 towards a savings account. It doesn't have to be all or nothing.

    I agree with the other anonymous commenter, look for help. Grants, sponsors, etc.

    Consider trading in-kind services. Not certain what your business is but think about who needs your business and see if they have something that you can utilize as well and strike a deal. May not be for money but you might be able to get something done that you need.

    Find a quick revenue driver for your business. What's the lowest hanging fruit that your business can provide easily, low cost to you and impactful to someone else that you can provide for quick revenue. Especially considering your easiest target group...college students. Had a friend that did nails/manicures in her dorm room for $10 each, $5 for the athletes lol. I had an external internship. There are a lot of other options now with more technology in play.

    Find a mentor! Look for someone that can help you. I know it seems like an accomplishment to do it on your own but if someone's already done it why struggle. Who knows, they may even offer to invest or help with their connections, etc.

    Hope this was helpful in getting the wheels turning. Definitely not saying it's easy but gaining knowledge and being resourceful is a great place to start.

    So excited for you as you pursue this venture.

    Praying for all the best for you!

    Best regards,

    Coach Olivia

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