Noelle Randall was left bankrupt and faced multiple foreclosures following the 2008 financial crisis. As a result, Randall found herself back in her parent’s basement. This setback drove Noelle to create the business empire she had successfully established.
Noelle is now the founder of Noelle Randall Coaching, which teaches thousands of individuals how to start a business with no money. She is also the author of several books and runs a YouTube channel that helps budding entrepreneurs build wealth and financial independence.
Randall offers some advice for those who want to start a business but don’t have a lot of capital to invest.
Randall offers advice for those who want to start a business but don’t have a lot of capital to invest.
1. Decide what you are doing.
Randall: Okay, the first thing that you need to do to start from zero with no money is you have to decide what it is that you are doing. Most aspiring entrepreneurs hopefully have an idea of what they want and what their businesses will do, but it’s not always the case. Some questions to keep in mind are, “Who are your customers? Who are you serving? How do you serve them?” Those three things are essential when figuring out what your business will be doing.
2. Make an action plan
Randall: You need to decide how much money you need to make. Is it $1,000? Is it $2,000? What are your monetary goals? What are your income goals? How much money are you trying to make in your business? And I know people like to say, “I’m trying to make as much as I want to or as much as I can, or it’s unlimited.” If you want to create your business, you must think about how much you want. And you need an actual realistic number. Whatever you say, you can achieve it. Start thinking of that number and make that your goal.
3. Educate yourself
Randall: Learn about your business. Learn about your industry and field, and work on your craft. What is it that you want to do? Who’s doing it? This is so important; take your education seriously. So, educate yourself but do not just watch tons of videos and read books from different people giving you all different types of advice. Instead, find intelligent people that are educated in what you want to do, follow what they tell you, and do it.
4. Present yourself seriously
Randall: Name your business. Get a professional email address and a business phone number. It doesn’t have to be anything big and fancy, but people will take you seriously if you present yourself seriously.
Once all that is settled, the next thing you’ll need is a website. There are many ways to make one, and you can even start marketing your business with a simple and free landing page.
5. Start marketing your business
Randall: Start getting a free social media business account – Facebook and Instagram business accounts are a great start. Get those running and just do what you can. Tell people what you do, what customers you serve, and how you serve them. Those three things are enough to start finding the right people.
About Noelle Randall
Other than being a successful business coach and author, Noelle is also known to be the multi-millionaire Founder and President of FDR Horizon Enterprises, a private real estate equity firm. She advises other entrepreneurs on how to earn money through investing in real estate and having the right mindset.
For more information on Noelle Randal, her courses, upcoming events, and her coaching services, visit her official website: www.NoelleRandall.com.