How to Start a Business for under $100
If you're serious about starting a business, not a hobby, then you need the best tools and suppliers. From the entrepreneurs in my family that run all sorts of businesses from a fencing company to fishing company, they all preach the same thing: YOU NEED THE BEST.
The best comes pretty cheap in IM for starting a business compared to a brick and mortar one.
Here's what to do with $100:
FIRST! Develop a plan (free): Determine a very detailed niche that you know from personal experience that has an opportunity that you can provide value. Come up with a plan to differentiate yourself from the competition and become either the 'best, only, easiest, or quickest' at something in your field.
The goal is to build a list. Then, provide them value, ASK THEM WHAT THEY WANT, and then GIVE THEM WHAT THEY WANT. It's that simple. Don't use the theory 'if you build it they will come.'
Domain Name: godaddy.com: $10
Hosting: hostgator: $8/month
Aweber for your mailing list: $20/month ($1 for first month)
Wordpress (for developing your site): FREE
Add content: (free or paid)
Now for traffic:
Free:
Social sites: Facebook, Twitter, Instagram, Pinterest, etc.
YouTube
Forum Marketing (always add value!)
Flyers
Article Marketing
Joint Ventures
Word of mouth
Paid (prices vary):
Google adwords (hostgator and godaddy usually gives you credits of up to $100 for signing up with them)
Fiverr
Warriors on Warrior forum
PPC
CPA
Radio ads
Newspaper ads
Magazine ads
When it comes down to it, everyone that I've personally met and my own experiences, it is the list that will keep your business perpetual successful. Whether you're selling your own products or an affiliate, having a list is critical.