Getting some capital for your business idea can be daunting and seems like a big task for most people. I understand that because I’ve been there. I came to Canada with 100$ in my pocket given to me by family and friends from the Philippines. I worked my ass off and am here now today. Currently, I can’t teach you how to become a millionaire but someday I am confident that I will. What I can do though is teach you what I learned so far.

Pay Yourself First, No Matter How Much You Earn

If you’ve been following my blog for the past few months, you have probably noticed how much I push this. This has got to be the best advice I have ever learned and can ever give to anyone.

Pay yourself first.

No matter how much money you earn, pay yourself no less than 10%. Keep that, save it, and use it to invest in your business.

If you haven’t gotten the book that I recommend for this, here’s the link: The Richest Man In Babylon

 

Stick To It

Because you are here reading this, I expect that you have already thought of or decided to improve your life and finances. Congratulations on that.

Once you have started to save some money, KEEP AT IT. Do not let your urges to spend that money on other things like going out or buying new things stop you.

Remember that you have goals. Remember why you’ve started doing this. Remember your dreams.

Stick to it. Keep at it. Stack that money until you have enough to be a capital for your business.

Keep Trying

This was true for me and it could be true to some of you. I have failed countless times when I first started. I still fail on other new things that I try. But that’s when you are tested. That’s when you learn new things. That’s experience.

Do not let failures stop you from reaching your goals. Problems and failures are a part of success. They are your stepping stones. Your personal teachers. That’s what will make you unique.

 

Get Another Source of Income

In my previous post, we calculated and proved that we have enough time to work at a second source of income. there are a lot of ways to do this, some easier than others. If you haven’t read it yet, here’s the link to that post:

https://jessilserna.com/why-you-need-other-sources-of-income/

1. Sell Stuff Online
   • You can always sell your old suff on Facebook Marketplace, LetGo, E-Bay, and some other local buy and sell websites
   • You can also go to garage sales, buy things for cheap, and then resell them online
   • You can also just get free stuff that people just want to get rid of. They post these online, you can get it from the for free, and then sell it.
2. Get another job
   • You can always get another job and work if that’s easier for you.
3. Start an Online side business
   • Start a YouTube channel
   • Start blogging
     • If you need to learn from a top-class millionaire blogger, join my mentor’s club here:    ELITE BLOGGERS GUILD                                                                        
     • I also highly recommend that you get his book from amazon through here:

Start Small

Jeff Bezos, the richest man in history as of date and Founder of Amazon, just said in an interview that one of his secrets is that he starts small. And looking back at the history of most of the most successful people, they also started small.

There is always the saying to “think big” but there are a lot of important things in starting small.

1. You will learn
   • It is no secret that starting a new venture or starting anything new will be hard. In business or in life, it is best not to lose. However, losing is part of the journey of every entrepreneur or investor. That is why it is best to start small, lose small, and learn big.
2. Lose Small, Learn Big
   • You do not want to lose everything in a blink of an eye. You worked hard for your idea. You worked hard for capital. You worked hard for this and you should feel like you need to protect it as much as you can.
   • That is why it is best to start small. Even if you lose, you won’t lose a lot.
3. Learn from your mistakes
   • Knowing all this, you should be ready to face everything. You should be ready to look out for the lessons that are unfolding in front of you. They are stepping stones for you to grow and learn on your way to success.

Congratulations on taking another step. Remember to keep moving forward.

If you need some more help, I encourage you to reach out and message me on instagram @jessilserna or click here to follow me there.

Or if you prefer facebook, click here

Thank you for taking the time to read. Again, congratulations on getting on the journey to improving your life.

Help a friend and share this to them via the share buttons on the side (desktop) or the bottom (mobile)

See you next time