How much money do you need to start a business?

How much money do you need to start a business?

Well, if you are Richard Branson then the answer is just a couple of hundred dollars.

Yes, one of the most important entrepreneurs of our time started his first business with just a few hundred dollars received from the sale of a lost necklace that was never claimed.

Branson was still at school and his office was the inside of a telephone box but he managed to secure enough advertising investment to launch a youth magazine.

So don’t let anyone tell you that you need to get bank funding or take out huge loans to get your business off the ground. Just get out there and start selling your goods or services!

Follow the link below to see an interview with Richard Branson as he discusses the origin of his first business venture.

[Image via BBC]

via Inc.

comments powered by Disqus
WinWeb Business Cloud - Creating Financially Sustainable Businesses