Jesse Paz | doitsimple

How to Start an Internet Business With $0 Capital

Jul 1st 2010 at 12:49 PM

I often meet new Internet marketers on various forums that aspire to earn the big bucks like some of the well-known personas out there, such as Yanik Silver and Bryan Kumar. However, most of these new marketers have only the slightest ideas on where to start, and a lot of them are not willing or able to invest startup capital in their online business. However, it is almost impossible to start an Internet business without spending some money on basic infrastructure such as web hosting, domain names and so on. Hence, here is a rough guide on how to build an Internet business starting with $0.

MyEZStartUpPage.com is a very good example of this.  I didn't have to start with $0. Before getting involved with Internet Marketing I was very successful in Network Marketing (MLM).  I still get a very good residual income from the company I worked with, though I am  no longer active in the business.  I got into Internet Marketing in 2001 with enough capital to do anything I wanted to.

After hearing all sorts of excuses from people who wanted to start an internet business but did not have the money, I decided to try an experiment with MyEZStartUpPage.  Today it is proof that, yes, you can start with $0.  

The first and most important thing to do is to list out all your skills. What skills do you have? You may have picked up these skills through daily life (for example languages), through your job (hands-on knowledge on a specific niche) or from your hobbies (for example fishing). It is most vital to list down skills or knowledge that you have and might be in demand elsewhere. For example, you love fly-fishing and you do it every day after work. You may build your Internet business upon this: writing an instructional guide on fly-fishing, teaching people how to do it, etc. Best of all, you do not need to spend money to acquire this knowledge: you already have it.

So, the very first option, if you have no money to start off your online business, is to earn some capital using your already existing skills or knowledge. You can give tuition to students on your dominant subject in college, you can teach stuff about your hobby to people who are interested, you can write guides on knowledge or skills you picked up through experience and cannot be found in theoretical books.

Okay, let's say if you just can't think of any skills or knowledge that people might be interested in. Then, it's most important that you locate a workable business model and focus on that alone. You can obtain almost everything you need through bartering, web hosting, domain name or credit card processing, to name a few in exchange for your product (if you own one) or services like copywriting, ghostwriting and website designs.

Now, here is the step by step, in a shorten form, guide to how MyEZStartUpPage came to be starting with $0.  I must confess it was very hard pretending I didn't have the money.  It takes a lot more work doing it all yourself.  But, any legal profitable home business takes work, focus, and above all action.

Step 1: (September 9, 2009)  I imagined my new business idea in my mind from startup to finish product.  Every day for about an hour I would sit alone in my home office and picture the end product, but I wrote nothing down.  After two weeks, and a very relaxing weekend I started putting my plan on paper on September 28, 2009.  Out of this process came the idea of new manual I am writing entitled "Break Through to Business Success - Your System Action Plan", which I plan on publishing at the end of February or early March 2010.

Step 2: (October 5, 2009) Here is where most people go wrong.  They want to market their business idea without doing market research.  Big mistake! I learned that the hard way.  How do you expect to make money if your idea is not selling.  You might want to read Chapter Two in the members' section of MyEZStartUpPage.

I did my market research in what I wanted MyEZStartUpPage to do.  I wanted it to be a membership site that can help anyone willing to focus and take action in building a success profitable home based business and make it as simple as possible.  I am the 'doitsimple' guy.  I sold one of my first websites, doitsimple.com for $2,500.00.  I don't know what it has become of the site, but it's still around.

To make things tougher on myself I pretended to have no internet access in my home and I also had a full time job.  I have not had a job in over 15 years! I started using the public library in the evenings.  On November 5, 2009 I finished my market research.

(During this time I also spend about an hour on my action plan and design of my website.)

Step 3: (November 12, 2009) I took some time off to clear my mind and started thinking about the website and how I was going to launch it with $0.  After thinking about it for the better of the morning, I decided to call a good friend of mine who has a freight business.  I asked him if had a website for his business.  He told me he didn't, but that he had been thinking about it.  Talk about timing! 

Over the years I have become pretty good at designing websites.  I told my friend that I could do it for him.  Of course his first question was; "How much?".  I asked him how much was his business worth?  He told me that he netted over one million dollars the previous year and on track to do it again for 2009.  He knew why I had asked the question.  Apparently he had asked about building a website through a web design company and he had been quoted $15,000.00.  He almost hit the floor when I told him I would do it for $1,000.00!

The arrangement was that he would pay me $500 up front and $500 when I finished.  He also would have to pay for any software or special web tools to run his website.  I would also have to work in his office using one of his computers.  I started working on my friends website the next day November 13, 2009.

On Tuesday of the following week, after working on his website most of the day, my friend said he needed a part time dispatcher to work on Tuesdays and Thursdays 1 PM to 5 PM, if I was interested he would pay me $50 a week!

From November 16 thru December 4, 2009 I went into my friend's office, work on his website 2 to 3 hours, worked on my website 2 to 3 hours and got paid $50 a week to do it!  Pretty good horse trading, ha.  As a matter of fact, I still go on into his office on Tuesdays and Thursdays and get $50 a week.  I go in at about 9 AM, even though I don't start working on the dispatcher work until 1 PM, and actually the work involved takes about 10 to 15 minutes of every hour up til 5 PM, so I spend most of the day doing my internet marketing business on his computer.  I don't have to do it, but I really enjoy working with my friend or actually working in my friend's office on my internet marketing businesses.  Sometimes things just fall into place very nicely :-)

What if things had not happen the way they did?  Would I have been able to start my new internet business with $0.  Yes, this is what I did during this whole period, form September thru December 14, 2009.  Luckly you can find a lot of free stuff on the internet that can help you with your new internet business and I had lots of time to search.  Here is what I did:

1) Found free web hosting and build a website to promote an affiliated product, sign up for it was free.  During October and November I sold 7 for a take home profit of $259 dollars.  I used free traffic exchanges and free list builders to promote the website.

2) I was not experience with membership site software so I needed practice before launching my site. I found free membership site software and installed it on my free hosting account.  I now use the paid upgraded version on MyEZStartUpPage.

3) I found essential marketing tools, like auto responder, ad tracker, list builder, and more all for free on one website.

( All that is mention above is now available to members of MyEZStartUpPage.  And yes, for FREE!)

Step 4: (December 14, 2009) MyEZStartUpPage.com is born, and it's one of my son's birthday! Good cause to celebrate!  Remember, I now had $1,000.00 and $50 a week to invest in my new internet business.  Here is the kicker, I have not spend a penny of this money yet!  I have invested $149.82 of the $259.00 I made with the affiliated product, in rent for two servers I will be installing in my home office which hosts MyEZStartUpPage and will provide free hosting for premium paid members of MyEZStartUpPage.

So you see, you can start an internet business with $0.  Just decide to do it and get it done! There is always some mundane job that people don't want to do, and you can do that for those people in exchange for things you need. You just need to ask for it!

Jesse Paz
http://myezstartuppage.com
jhbsn@myezstartuppage.com 

11 comments
Please to comment
Sep 15th 2010 at 7:58 PM by nsharma3
Hi!Jesse Paz! Have a nice time! Your article is nice and good for newbies.Thanks for it. Can I use it on my site with your permission? http://nagendradutt-sharma.qapacity.com
   
Sep 9th 2010 at 9:28 AM by boiler
Having done it the hard way and spent plenty it is a fact, that with a little help and guidance it can be done. But like many things, the big question is HOW!!!
   
Sep 2nd 2010 at 1:19 PM by pwambui
your article is very encouraging. There are many upcoming online earners out there.
   
Aug 26th 2010 at 9:35 AM by VTMadePro
Really nice article. It is reassuring to here how people worked to overcome the problems and/or logistics in building their businesses. It gives hope to people just starting off! Thank you for your insights.
   
Aug 13th 2010 at 5:24 AM by netateer
Nice Article well said Anybody can become a netateer ( a person who uses the power of the Internet to Earn Money). You need to see it in your minds eye and never give up on your ultimate Goal. You must also be able to handle change, the internet and the ways it work changes continuously. And Yes you can start to earn even without a website of your own or any money.
   
Jul 23rd 2010 at 11:20 PM by onqglobal
Good data-info!
   
Jul 10th 2010 at 5:47 AM by baljib
Very good work,keep the good work as many are always looking for people like you,really internet business is the simplest way to earn money,it has a lots tactics and techniques that one just needs help from mentors to get started. I wish to read more from you.
   
Jul 9th 2010 at 12:43 PM by goals
Great article! I love the way you went about things
   
Jul 8th 2010 at 4:09 PM by roosevans
Thanks for sharing your online marketing experience with us! Very informative and inspirational!
   
Jul 8th 2010 at 4:27 AM by Rammesh
Inspirational story Mr. Jess.Your experience would be a guide line for someone. Thank you for sharing. Have a nice day
   
Jul 3rd 2010 at 6:38 AM by SLAVCO
Mr Jesse Paz very intersting story
   

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