{"id":105943,"date":"2016-05-12T09:00:47","date_gmt":"2016-05-12T13:00:47","guid":{"rendered":"http:\/\/www.constantcontact.com\/blog\/?p=105943"},"modified":"2023-11-10T08:49:19","modified_gmt":"2023-11-10T13:49:19","slug":"no-money-no-excuse-3-ways-to-grow-your-business-without-money","status":"publish","type":"post","link":"https:\/\/www.constantcontact.com\/blog\/no-money-no-excuse-3-ways-to-grow-your-business-without-money\/","title":{"rendered":"No Money, No Excuse! 3 Ways to Grow Your Business Without Money"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>When I was in my twenties I launched my first business with only $100. Wild Women Entrepreneurs (Wild WE) was my platform for revolutionizing how women entrepreneurs built their businesses.<\/p>\n<p>I was a struggling opera singer with a dream to turn my vocation into a career. Through hard work and my newfound community, I made it happen. I have performed around the world and currently serve as voice coach for some of the most talented vocal artists in America.<\/p>\n<p>All with no money.<\/p>\n<p>Wild WE also took me deep down the entrepreneurial rabbit hole. I&rsquo;ve been launching and growing businesses ever since. In February, McGraw-Hill published my latest book on the subject. <a href=\"http:\/\/amazon.com\/The-Startup-Equation-Visualize-Business\/dp\/007183236X\" target=\"_blank\" rel=\"noopener\"><em>The Startup Equation: A Visual Guidebook to Building Your Startup<\/em><\/a> is the first-ever, visually-based, choose your own adventure guide to the ins, outs, ups, and downs of turning one&rsquo;s passion into a <a href=\"https:\/\/www.constantcontact.com\/blog\/profitable-small-business\/\" target=\"_blank\" rel=\"noopener\">profitable small business<\/a>.<\/p>\n<p>You launched a successful business through the force of your own will. So what if you don&rsquo;t have the financial capital to fund a marketing push and operational expansion? No excuses!<\/p>\n<p>Here are three ways to get it done without any money.<\/p>\n<h3>1. Personify Your Brand<\/h3>\n<p>Branding legend Walter Landor said, &ldquo;Products are made in a factory, but brands are created in the mind.&rdquo; Factories cost money. You&rsquo;ve already got your mind, so put it to work.<\/p>\n<p>Figure out what your brand&rsquo;s personified essence is. If your brand was a person, who would that person be? Customers don&rsquo;t form loyal relationships with brick and mortar; they form them with people. Your brand must present as a person. Answer the following questions with brand-as-person in mind:<\/p>\n<ul>\n<li>What is your brand&rsquo;s personality type?<\/li>\n<li>How does your brand act on a typical day?<\/li>\n<li>How does your brand get along with its customers?<\/li>\n<\/ul>\n<p>When I launched Wild WE I didn&rsquo;t do a <a href=\"https:\/\/www.constantcontact.com\/blog\/how-to-brand-your-email\/\" target=\"_blank\" rel=\"noopener\">professional branding<\/a> until after I&rsquo;d taken on clients. That was a mistake. Sure, I had a great feel for my brand but that&rsquo;s a lot different than nailing it down on paper.<\/p>\n<p>Eventually, I was able to nail down a personality characterized by excitement, along with dominant, lively, socially bold, and imaginative behavior. Nail down your brand&rsquo;s personality before you do anything else. Doesn&rsquo;t cost a dime.<\/p>\n<h3>2. Build a Community<\/h3>\n<p>As an opera singer, I had the voice. What I needed were opportunities to use it.<\/p>\n<p>Individuals network. Since small businesses are usually extensions of the individuals who founded them, business-to-business networking is surprisingly easy.<\/p>\n<p>After taking the time to build a community through Wild WE, my partners and I were able to help each other grow our existing customer base and scale. No need to pay for high-end marketing reports. Collectively, we had a treasure trove of information. We simply shared what we knew with one another.<\/p>\n<p>Small businesses are also well-positioned to barter with each other. That can be anything from designing a new website or mobile app to a shared delivery service. When I was running Wild WE, one of my partners was a local coffee shop. (Let&rsquo;s just say they had snappy content and I was extremely caffeinated).<\/p>\n<p>Your community should also extend to your customers. Actively <a href=\"https:\/\/www.constantcontact.com\/blog\/market-your-small-business\/\" target=\"_blank\" rel=\"noopener\">recruit customers to serve as brand evangelists<\/a>. These are the people who promote you for free in conversation and on social media. Customers cross over to evangelists when you have earned their loyalty and given them a <a href=\"https:\/\/www.constantcontact.com\/blog\/customer-relationship-marketing\/\" target=\"_blank\" rel=\"noopener\">powerful and meaningful experience<\/a> with your brand.<\/p>\n<p>Ask yourself the following questions as you set out to build and leverage your network:<\/p>\n<ul>\n<li>Which of my partners can expose me to new customers?<\/li>\n<li>Which of my business expenses could be shifted to bartering relationships?<\/li>\n<li>How can I craft a compelling customer experience that will <a href=\"https:\/\/www.constantcontact.com\/blog\/customer-loyalty\/\" target=\"_blank\" rel=\"noopener\">ignite customer loyalty<\/a> beyond reason?<\/li>\n<\/ul>\n<p>Wild WE was started with only $100. But it was also launched with a tremendous amount of social capital. That&rsquo;s something that&rsquo;s hard to quantify on a balance sheet, but it is invaluable to small business owners. Social capital is something you can build and leverage. Get out there and do it!<\/p>\n<h3>3. The Beauty of Barter<\/h3>\n<p>I am a HUGE fan of the barter system, particularly when it comes to growing a business. Apparently other people feel the same way, as there is a large movement of college students who have begun &ldquo;swap days.&rdquo; These students have organized exchange days where they bring old clothes or assorted goods to a central location, survey what others have brought, and arrange trades.<\/p>\n<p>You can engage in similar practices by finding barter-partners on Facebook or Craigslist. Consider what you have to bring to the table, and what you need in return.<\/p>\n<p>Both partners should feel like they are getting an even trade, otherwise the system fails. I once needed to have business cards printed, but I was very limited on funds. So, I approached a printer with the offer of a free ad on my website in exchange for cards. Grateful for further visibility, the business gladly accepted, and I walked away with 500 fresh business cards without dropping a dime!<\/p>\n<h3>So you&rsquo;ve got the drive to grow your business, but no money to do it.<\/h3>\n<p>Stop with the excuses already. Put in the work (all it costs you is time) to personify your brand, build a community, and barter. The choice is yours. Start today!<\/p>\n<p><strong><em>To receive more great tips and tricks like this, <a href=\"http:\/\/www.startupequation.com\/preorder\/\" target=\"_blank\" rel=\"noopener\">download your complimentary copy of The Startup Launch here.<\/a><\/em><\/strong><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>When I was in my twenties I launched my first business with only $100. Wild Women Entrepreneurs (Wild WE) was my platform for revolutionizing how women entrepreneurs built their businesses. I was a struggling opera singer with a dream to turn my vocation into a career. Through hard work and my newfound community, I made [&hellip;]<\/p>\n","protected":false},"author":538,"featured_media":105955,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1494],"tags":[],"content_type":[1462],"industry":[],"feature":[],"article_type":[],"coauthors":[7519],"class_list":["post-105943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-biz-marketing","content_type-blog-article"],"acf":{"article_thumbnail":false,"show_last_modified_date":true,"show_trial_cta":false,"show_prefooter_cta":true,"ctct_related_features":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>No Money, No Excuse! 3 Ways to Grow Your Business Without Money | Constant Contact<\/title>\n<meta name=\"description\" content=\"When I was in my twenties I launched my first business with only $100. 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