How can I start a business with no money and bad credit I know it sounds impossible just need some ideas.?

I want to start a buisness, but my credit sucks. Im only making it paycheck to paycheck. I want to work for myself ,and I’ve had a dream of the buisness I want to start ,since I was a kid.Im 30 now, and making good money, but not enough to get me out of debt ,and help make my dream a reality. I really just need some ideas, to guide me in the right direction.

You need to be more specific. What do you like to do? What are you good at? Research it and go from there.


Comments

  1. Brooklyn R says:

    try prosper.com the interest is high but hey we all need to take chances!
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  2. Cheyenne S says:

    Your story sound just like me!

    I don’t have any suggestions for you, but Good Luck! =)
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  3. dianethecandlelady says:

    direct sales. Most cost around 50-300 to start. Go for one that allows online sales that give you commission.
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  4. moneybakery says:

    You don’t need credit to start a business. I’ve successfully started several business with little or no money.

    Money making ideas can be found at http://www.MoneyBakery.com. I hope that helps!
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  5. Just a nice guy says:

    You need to be more specific. What do you like to do? What are you good at? Research it and go from there.
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  6. paranoid android says:

    Come up with a flawless business plan and present it an investor who is willing to finance your startup 100%

    Good luck!
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  7. Val says:

    Hi,

    There are some options available to you. Read my profile if you will and contact me. I will share my story and offer some advice.
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  8. Brutus says:

    No investor or lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

    Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

    SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

    SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
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  9. Nel G says:

    hi,

    I hear ya, been there ( still there)

    I worked for a company for 8 years, it would have just taken another two years to be vested ( which means I would have gotten a pension for the rest of my life) . but I just couldn’t take it anymore and I stepped out on my own for the past 5 years,

    I am a street vendor in nyc, in nyc if your a veteran, you can get a general vendors license and sell anything you with ( provided the items are legal). The licence is free, and with as little as 1 dollar you can start your own business ( i started about 5 years ago with one umbrella that I bought for a dollar and sold for five, went back and got more ect..

    within a months time I had made enough to open up a stand, I was really feeling like this was working for me, but truth of the matter is, now 5 years later with a full stand the best that I can hope to make is about 700 bucks a week.

    No benifits,( no medical, if I get sick, well I just have to " Hope for the best, or go to the V.A hospital ( average wait time to bee seen is about 6 months, no dental plan, I’ve already lost 4 molers which means I can no longer eat Meat ! since this required chewing which I can no longer do because I have no back teeth, no retirement plan, ( which means that I will have to work till the day that I die !

    I have to work at least 12 hours a day, just to make ends meet. no lunch break, no sick days, no holiday pay

    where as If I would have stayed in my job, I would have been at least vested by now, and looking towards retirement, where I would collect a mailbox paycheck for the rest of my life!
    with Benifits !

    I hope this helps
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  10. J & D Products, Inc. says:

    You can do a magazine fundraiser with my company, what that is, is that you have my company’s catalog, and sell the stuff out of it to people, in return you make a profit of 35-45% . Also I understand you may not have money, are company pays for all of the materials, the books, and shipping of the materials too you, so try it out; you have nothing to loss. Well just email me: Info@J-DProducts.com or you can email me with yahoo.
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  11. greatdeals209 says:

    You should check out http://www.explodebizcredit.com/ and read the free E-book, it has been really helpful
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  12. meghananne23 says:

    Here are some -

    Start a Pet-Sitting Service?

    http://www.associatedcontent.com/article/750705/how_to_start_a_pet_and_house_sitting.html?cat=31

    Or a Pet Waste Removal Service?

    http://www.associatedcontent.com/article/743229/how_to_start_a_pet_waste_removal_business.html?cat=31

    Or get paid a little for your opinion?

    http://www.ehow.com/how_2263165_paid-earn-money-opinions.html

    Hope this helps a little!!! Have a great day!!!!
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  13. Jennifer says:

    Hi,
    I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
    http://dwarfurl.com/8d4d6
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