A Babson College estimate concluded that on average, with buying equipment, inventory, and paying employee salaries, it costs $65,000. The Wall Street Journal decided that sounded a little high – and sought out examples of extreme bootstrapping. Its findings? Launching an impressive business on $100 is absolutely possible. Kael Robinson did it (she only sunk $40 into her Live Worldly Brazilian bracelet company initially). So did Jeff Swedarsky, who says with $110 he bought a domain name and registered his business with the Commonwealth of Virginia, he founded the culinary tourism company Food Tour. He hopes to clear $300,000 in sales this year.
Inc
Shaun has helped hundreds of people around the globe grow their business. His passion is helping small- and medium-sized companies expand their brand online.
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