Success Unscrambled Podcast

How to Start a Business with 10K [21 Incredible Ideas]


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Gemma scrolled through page 3 of Google search, she was desperate to start a business with 10K because she wanted things to be different.



She had enough of what she now experienced in her life so she needed a change.



You see, Gemma's husband died of cancer a few years ago which took her by surprise.



As a middle-aged widow with two young children, she was not ready to face life as a single mom.



I mean, Greg, her husband, was so strong and healthy. So, when the consultant told her to prepare for the worst it came as a complete shock for her.



Luckily, Greg had life cover and a really generous death in service benefit that covered the mortgage and day-to-day living expenses.



Although Gemma didn't need to worry about the basic bills there was one thing that kept her awake at night.



What can she do now with her life? Who was she now that Greg is gone? What does she want her future to look like?



Let me know if you are facing these challenges.




* You've always wanted to be your own boss but you don't know where to start



* The thought of opening a shop scares you to death, what if nobody will buy your products



* Opening a local bakery or coffee shop sounds cute but it would take a lot of work



* Working from home would actually suit you better but can you run a business from home?



* Most franchises cost more than $10,000 to join so what business can you start?




If only there was a way to quickly and easily assess which type of business you can start and run successfully with $10K.



In this post, you'll learn all about the type of businesses you can start for less than $10K that'll bring in $5,000 to $10,000 a month in less than 12 months.







Small Business Statistics



Before diving into these business ideas for $10k or less let's look at some small business statistics.



Did you know that there are over 29 million small companies in the US? This statistic was kindly provided by the folks at Findstack.



What's even more interesting is that 50% of small businesses start at home.



It reminds me that last week I made a loaf of wicked vegan banana bread and I'm considering selling it locally (pipe dream).



Let me not distract you from the core numbers, 29% of small business owners stated that they started their business to be their own boss.



While 17% said that they were dissatisfied with corporate America.



Are you a teeth grinder? Lol!! Just reading that statistic made me grind my teeth unconsciously (I'm not sure how to get rid of that habit).



The number one statistic that I always find surprising is that 99% of businesses in the US are small businesses. Thanks to the folks at Thrive My Way for this fact.



Here's the statistic that causes potential entrepreneurs to get wobbly knees. 50% of startups fail within the first year of business.



Just when you think that statistic was bad, this one will send you screaming back into your safe and comfortable...
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Success Unscrambled PodcastBy Alvern Bullard