4.9 • 638 Ratings
🗓️ 23 September 2016
⏱️ 10 minutes
🧾️ Download transcript
Today's question comes from Tyler, who has a question about what to do if you have a great business idea but don't have the necessary funds to get started. How do you validate your business idea before spending money? What are a few strategies to get your business running without having to go into debt? In this episode, I mention Will It Fly?, my book about validating your business idea, which you can get at http://willitflybook.com. I mention crowdfunding options like Kickstarter, which you can find at http://www.kickstarter.com/. And I mention my niche site, Green Exam Academy (http://www.greenexamacademy.com/). Do you have a question about getting your business off the ground without breaking the bank? Record it at http://www.askpat.com/.
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0:00.0 | Ask Pat. |
0:09.1 | What's up, |
0:11.7 | And welcome to episode 699 of Ask Pat. |
0:16.3 | Wow. |
0:17.4 | Closing in on 700. |
0:18.6 | How crazy is that. |
0:19.7 | Thank you so much for joining me today. As always, I'm here to |
0:22.3 | help you by answering your online business questions five days a week. All right. Now, here's |
0:26.0 | today's question from Tyler. Hi, Pat. How's it going? Tyler Austin here. First of all, thank you so |
0:31.7 | much for everything you've done. I've been following you since you started. And, you know, it's just you do great work and I appreciate |
0:39.6 | that. |
0:40.5 | My question is, what would you recommend for those out there that are trying to start a business, |
0:47.6 | they have an idea, but they might have limited resources in order to get that idea into |
0:53.2 | fruition, rather it's funds, really primarily |
0:56.6 | funds. I'm just going to stick with that. And, you know, there is business loans out there, |
1:01.9 | maybe to pay yourself until things get going. But if your idea doesn't work, then you got a bunch of |
1:06.6 | debt and things like that. So I have read your book, Will It Fly? And, you know, you mentioned some |
1:13.1 | strategies in there, you know, as far as selling your product before you have it and things like |
1:17.5 | that. But in order to sell your product, there is only, yeah, you could ask out in groups and |
1:24.4 | some free resources, but it would be beneficial to, you know, promote, |
1:29.7 | promote that a little bit. I mean, there's just so many different avenues in that, but, |
1:32.9 | but really I just want to keep the question simple with if you don't have funds to start a |
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