Q&A: What kind of business can I start with $300?

Notes from Chris

Episode 1098

I’m so glad to get this question today … it’s a problematic question that I often hear variations of. If you have ever thought, "oh, I have a certain amount of money, what can I do with it"—this question is for you.

If you go on a vacation, thinking about the available budget is perfectly reasonable. You have $1,000 or whatever the amount is, so you ask, “Where can I go for $1,000?”

But this thinking doesn’t apply to your moneymaking side project … or at least, it shouldn’t. I’ll tell you why, but first I have to thank Oliver for bringing up this question.

I don’t have a lot of disposable income right now, so I always like hearing stories with low startup costs. I could probably spend about $500 but no more ... what’s the best business or side hustle for me to pursue?

Listen to today's episode to learn more...

 

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MENTIONED IN THIS EPISODE:

• Ep. 1066 - Electrical Engineer Rides Demand to Dog Collar Empire: A short-term holdover project between jobs becomes a seven-figure empire, all built on dog collars.

 

SEE ALSO:

• Ep. 259 - $8 Startup Costs Lead to $400,000 in Annual Revenue: A longtime side hustler finds a way to get paid—a lot—for improving people’s online reputations.
• Ep. 492 - Flipping 101: The College Textbook Edition: A college student with a new family to support reads between the lines and turns a $20 used textbook into almost $70,000 within two years. This episode will flip your lid!
• Ep. 786 - Stylish Clothes Reseller Becomes Fashion Consultant: A broke college student learns to buy and resell designer clothes, then transitions the business into a high-end fashion consultancy. He now earns six figures annually!

Yours in the revolution,