T. Harv EkerI teach you how to master the inner game of wealth - because if you don’t win there, you don’t win anywhere.

My #1 Strategy To Start A Business With No Money

Name: My #1 Strategy To Start A Business With No Money
Uploaded: 2020-12-10T16:00:29+00:00
Duration: 1 min 12 s
Channel: T. Harv Eker
Description: T. Harv Eker presents a single practical strategy—"customer financing"—to start a business with no upfront capital by pre-selling products or services…

10 Dec 2020 · 1 min

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1:12

T. Harv Eker presents a single practical strategy—"customer financing"—to start a business with no upfront capital by pre-selling products or services and collecting deposits (partial or full) before purchasing supplies. He explains why it works (no money required, happier customers, momentum, and market validation), advises consultants to use deposits, and cites his credibility—having taught large numbers of students—to encourage adoption.

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December 10, 2020

"over 3 million students" (speaker's claim)

Chapters

What's the strategy? Pre sell my product or service before I had to pay for it. And you can do the same even if you're a consultant, right? Not that you need a lot of money necessarily to do that, but in anything that you're doing, you take a deposit. And the deposit could be a large or could be small, or it could be the whole thing. You get paid in advance and. And then you utilize that money to get whatever you need. So I call this customer financing. Customer financing. And you know why it's the best way? Because first, you don't need any money. Secondly, you make customers happy. Third, you get momentum. But the critical thing is you know for sure that your business is going gangbusters and you don't have to put up any money. And I love this method. And I can tell you, I have over 3 million students and I've taught this to hundreds of thousands. And the reports that I've gotten back are phenomenal. You can do this. You can start any business with literally no money. And pre sell what you've got and then go buy whatever you need to get for supplies.