How to Start a Business with No Money

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Complete Video Transcript
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the hey guys its trend here from the online income what happened today
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I wanna give you what was given to me in terms of business advice
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number years ago had a profound influence on my life however
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time that I was given the advice I was the dumbest thing I’ve ever heard
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here it is the best way to succeed in business is to be in business and I
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thought
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while thanks Dick Tracy that’s really profound
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because I really didn’t get it and years later it
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made a lot of sense to me and from this piece of advice I
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created what I call my Green Dot theory so
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bear with me as I explain this to you I’ll because I think it’s going to make
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a lot of sense
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and hopeless gunfire you okay so when you first
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come up with your idea maybe it’s for an authority cider
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any kinda business you’re thinking of unique and yourself
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hey I’m gonna go out there and you rate this business plan or whatever and I’m
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gonna sell
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green dots and I’m gonna be like the best green dot sales guy
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or the best green dot business at the best green dot website
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ever and you go out and you
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in you probably stock and so that’s kinda disappointing
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and one of the things that people do
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is they give up and that’s really sad when that happens in a course
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that’s gonna prevent you from going on having success however
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some other people don’t give up and some other people they go oh
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I should probably have more colors for this so they go out and they discover
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and I’m in a row to coerce organs gonna do accordion green and red dot
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but you get the idea they discover
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as a byproduct tryna
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figaro how to sell more green dots
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they discover these things that there’s there’s like a
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Red Dot opportunity out there and so they kinda scrap
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what they were doing here and now they adjust their business
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to Gordon’s already dots and things get a bit better
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now
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when they were over here coming up with their business plan
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they didn’t even know it red dots existed but they’re still not doing very
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well they’re just kinda scraping by and
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you know not great however what happens is at this point
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they discover anything they don’t have enough for workers docs
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are I’m going to modify my doctorate live rating on camera they discover
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green squares and
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so they again adjust the business model and now they start selling green squares
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and business picks up
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a little bit more and
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now when they start
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selling their green squares like I say
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business picks up but they’re still not achieving the level of success that they
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want so
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now while there out there trying to figure out
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how to sell more green squares they discover
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that there are in fact or their
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is in fact and opportunity two starts on red triangles
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again back here you had no idea
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red triangles even exist and so when you finally get so when they’re
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when they’re here now business is picking up again and
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as you can see this country continues we could we could make
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you know dont squares triangles they were gonna make red squares
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now hopefully
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you’re getting the the message trying to convey
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the best way to succeed in business
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is to be in business if you’re reading about being in business
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or your thinking about being in business or you’re procrastinating about being in
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business or your
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talking about being in business you’re never gonna discover
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red squares or black boxes or whatever it is
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that the journey being in business will help you to
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uncover so my point my message
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in this video is
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the most important thing for you to do is to simply
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start for those of you who followed my my
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my history in my blog for a while you know you’ll know
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before getting into this business in creating on income while
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I started a company called Iran systems back in 2001
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in the beginning are green dot
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was we were just gonna so IT services
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so small businesses time and materials for send a guy out
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Hill picture computers and will charge you I’ll
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like 70 or 80 bucks an hour and I was so
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ill-informed or so naive about business back then that I had no idea what a
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or business that was going to turn into being
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and we struggle with our green dots and
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we make any monies matter we lost a lot of money
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on a lot in the first years when we struggle with a green dot for about six
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months
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and then thankfully and I don’t remember I I guess I just started to pay
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attention to the competition
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somebody told me to pay attention to competition I discover that there was a
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better way
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to deliver our services first ball and that
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discovery only happened when we were in a competitive situation for an account
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and we were told that we were gonna lose
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and in a course that was really disappointing because it was gonna be
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we were pitching we’re gonna show I think for like happy per week
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and charge the client like a her dollars a month because we really want to get
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that
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regular monthly fee cuz you know having continuity in your business
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steady cash what makes life a lot easier the other company
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which ironically enough is no longer in business today with it that’s cuz they
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were a doc column
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we still they were going to deliver services over the Internet
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24 hours a day in a return for monthly
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now before I started around you think that I knew that business model existed
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now I did not have the foggiest idea me
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and it never in a million years would have popped out of the sky occurred to
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me
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because I chose to get into business and then I
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was competing against this other company for account
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bar the light bulb I simply became aware
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there was another opportunity to generate revenue in a different way
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deliver services never would have figured out a mile
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happily moral stories we won that account
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because we immediately I caught I said to look
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I mean I take my books report the guy I said Los
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listen could you not award the contract to the other company
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any two days that’s all I need is two days he said alright you guys
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1ba your Yorkshire I’ll give you two days
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and so he’d think we told you this other company was we went to the company’s
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website discovered what they were using
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and with some software we’ve never heard of
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and it was produced by Cisco I believe a Cisco
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anyway we call them up and we give more bleeding heart story and so we have no
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money can you give us the software like on a monthly pay and they
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they did we call the customer back and said okay what we’ve got all that fancy
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delivered on the internet stuff too and we’re gonna do it for 20
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20 or 25 percent less than the other company and he said all right
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you got the deal and that was the very first customer
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that we had with our new Red Dot because we really weren’t so on the same thing
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anymore
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and and business continued to pick up over time cuz as we went further and
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further into that business
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we figured out that we could add backup services that we can add security
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services
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server monitoring all this other stuff
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that when I was the entrepreneur with a business plan
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and a pretty don’t want to partner at that I had absolutely no idea
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that stuff existed so
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hopefully today’s video has given you some inside
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into some things that may not occur to you before you watch it
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you have got some new insights by the way I’d love it if you
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left them in the comments below know what’s the proprietary
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you don’t want you know maybe a competitor hearing it but there some way
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that this video
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help you to move forward that kind of feedback really really floats my boat so
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please take a moment to share
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and what my hope for you is is that you’ll get fear
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dow uncertainty and procrastination and
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kick its ass out the door and just start
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online businesses cost not thing to create
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right spot don’t have the office today called the hundred dollar store
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and it gives story after story after story
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a people who went on to change their lives
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to build businesses that created six-figure incomes in some cases they
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started for under a hundred bucks
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when didn’t get it right right from the get-go
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and nor will you get it right right from the get-go
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but what I promise you is a few just watch this video
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and you do anything with the knowledge that I giving you in this video
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week from now months from now your life is going to be exactly the same as it is
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today
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if you have an idea for an authority site
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but you’re coming up with all the reasons why it might not
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workers might not do this might not get any traffic
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or what have you where will you be two weeks from now
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on the couch watching TV by in somebody else’s course
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read another book or another blog post but you will not be
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in business and if you’re not in business
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this cannot applied you
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so the lesson here is the best way to succeed in business is to
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be in business so go ahead
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and start a business its internet you can have one started
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in an hour what’s your excuse
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thanks very much for watching if you like this video
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I would love it if you would tweeted or share it
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or Google+ it or pin it on your forehead or anything that you want to do
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to help me spread the word because my goal
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is to help more people get in the business
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and succeed in business and I need your help to make that happen
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thanks very much for watching I’ll see you in the next poster video or podcast
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or whatever it is
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and if you’re watching this on some place other than my blog
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its online income while .co thank you
Love to share my knowledge and experiences with everyone by publishing informative articles on my site.