How I Started My Full-time Business Life With 10X — And How You Can Do the Same.
Case Study: From a small start-up funding ($16,500) to a 6-figure business in just two years.
It all started in mid-2021 with a small start-up funding of the equivalent of around $16,500. It was a German grant called Gründungszuschuss — but I’m pretty sure that there are comparable grants in other Western countries.
Not much as seed capital, but better than nothing.
How did the 850% and more — ‘nearly’ 10x at the time of writing — increase to 6-figure business still work? (Ridiculously small in retrospect, but as a beginner you have to overcome this hurdle — also mentally — first.)
From start-up grant to cash-flow business
The first question that arises is how best to get started with so little ‘seed’ capital or even with nothing at all — perhaps even as a side hustle.
If you have no other reserves and have to live on that money, the only solution is a so-called cash flow business.
Cashflow business: I would only recommend this to you, because your start-up money runs out quickly and then you need to live off your (first) earnings.
