MBA148 Q&A Weekend: I only have $1,000 to start my online business. What do I spend it on?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 25 January 2015

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

So you only have limited money, but you still want to start your online business. Where do you even begin? Where should you invest your hard-earned money? In today's episode we answer another question from a listener who asked how far her $1000 can go in launching her online business. Tune in today!

Transcript

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0:00.0	Heyo! Welcome to the 100 R. M.
0:09.0	Show and today is a Q&A weekend episode where we answer your questions right here on the show.
0:15.0	If you have a question you want to ask just email us at contact at 100 MBA.net or you can use
0:21.2	our speak at option where you record your question and we'll play it right here on the air
0:25.4	You could check that out on our show page at 100 MBA net slash show
0:29.8	Today's question comes from Sarah and Sarah asks,
0:32.8	I only have a thousand dollars to start my online business.
0:36.4	What do I spend it on?
0:38.4	Wow, what a tough question, but I like the challenge, Sarah.
0:42.4	I'm going to give you my answer so let's get
0:44.4	data business.
0:47.0	Guys today's show is sponsored by one of my favorite podcasts Freedom Fast Lane.
0:57.2	The number one show of your goal is to have more freedom and more money in 2015.
1:02.0	Open up iTunes right now and search Freedom Fast Lane and
1:04.9	hit subscribe. Okay Sarah you got a thousand dollars to start your online
1:09.7	business and you want to know how to spend it or what to spend it on.
1:14.0	I always advise anybody who starts a business to start writing about what they're going to be offering
1:18.6	through a blog and that doesn't really cost too much to get started.
1:22.2	You could start a blog on WordPress or using Squarespace.
1:25.4	And it's quite cheap.
1:26.3	It's going to cost you around $10 a month.
1:28.4	So starting a website, your first website for your business,
	...

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