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AM Muhammad
AM Muhammad Mohon Tunggu... -

Entertainer wanna be | An Arsenal fans since 1996 | Unemployed but have employees http://www.alabn.com http://www.meongku.com

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Starting A Zero Capital Business

22 Juni 2011   03:14 Diperbarui: 26 Juni 2015   04:17 116
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Achieving financial freedom. That's a dream which implanted by Robert Kiyosaki in his book "Rich Dad Poor Dad", the book I read years ago. Although I disagree with his concept of financial freedom, because I think there will never be financial freedom unless it gained from massive exploitation of other's resources. But what truly inspired me was when Kiyosaki said, business can be started even with zero capital . In his book, Kiyosaki describes his story of managing a property business with zero capital. With the strength of his network, Kiyosaki can sell houses only by capitalize Down Payment from the buyer to apply for credit to the bank. Of course it's not precisely zero capital, but Kiyosaki just want to illustrate that even a real estate property business can be started only with small money. In a very different scale, I try to apply a zero capital business in my own way. Coincidentally, one of my relatives was an agent of the Tarbawi - Islamic Magazine. With him, I started a business. At first, i took only 10 copies, then I introduced the magazine to some neighbors. Mr. Sudarman, my relative - magazine agent gave me consignment, so if the magazine did not sold out, it can be returned to him. [caption id="" align="aligncenter" width="250" caption="Tarbawi Cover"][/caption] Praise positive responses, 10 copies sold out. In an instance I took more magazines from Mr. Sudarman, so in that edition I managed to sell about 30 copies, with almost no capital. Slowly I increased the number of my customers, even among them there was several resellers, who sell the magazine back to others. Each edition I could sell about 400 copies, but Mr. Sudarman, which is the magazine agent, was only able to sell 300 copies in every edition. With that condition, he then advised me to replace his place as an agent. After becoming an agent, I was able to meet and interact with other agents, some of them was also an agent of other magazines. Then I began to offer other than Tarbawi magazines to my customers. An increasing number of customers make up my cruising range. Improving range would make me have to have operational vehicle for delivering each of the magazines, because when i'm late to deliver it, my customers will buy it from another seller. At first when I only have few customers, I was relying on public transport to deliver all the magazines, but when my customers increasing, I need a motorcycle to deliver them. But buying a resale motorcycle was neither cheap in that time. Finally, based on some advice from a friend, I then 'signed up' with an unemployed neighbor who have a motorcycle. We share the cruising area then, he got payment from the margin of each magazine which he was delivered. Slowly stub my magazine business is growing and I became an agent of more than one magazine. When my name was signed in each magazine as their agent, it multiply the bid from another agent to arrived. I proved that I can pioneering a business with a zero capital as the Kiyosaki's style. Although in a much smaller scale, a business started with 10 copies on consignment, can slowly increase to about 1,500 copies per edition. Then what about you, interested in trying? Or even you also have stories to share?

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