One of the excuses given by potential business owners as their drawback is not having capital or money. It is true money is needed for most venture launch.

If there is no money what then could be saved?

Think of an undergraduate who had a vision of financial freedom while studying full-time. He used his laptop which he acquired for personal use for word-processing and statistical analyses for others on campus. From his pocket money he was able to acquire a printer. In addition, he offered editing and related services.

The above experience shows the undergraduate above did not have money to start business. He converted what he had together with his accumulated pocket money to be part of his startup capital. You can make such transfer. You can make such savings. It is actually a business strategy adopted with success by others. It involves deferred gratification, that is, the postponement of present enjoyment for future reward.

Besides money, you can save business ideas. Some people are ready with money to start business and they are delayed because of having no profitable ideas.

Do you have business ideas at the time you are not ready?

That alone could be a source of capital if you package them well. With profitable business ideas, you can attract sponsors, financiers and partners.

Wait a little: if the opportunities for takeoff are not readily available or you are not yet ready, don't be discouraged. Keep your business ideas well until you are ready to launch them. In short, save your ideas.

While preparing for business ownership, you need to appreciate that no business survives with one person alone. You need others. In the process of nurturing your venture, don't ignore potential partners. Save them, that is, establish and nurture relationship with them. Modern businesses survive in networks.

Have you identified the three things you need to save now so that you can launch your business in the future?

They are money, business ideas and networks.

I want to use this opportunity to thank the following for identifying with my efforts to understand the Steemit operations.

@sqube
@annisazukarnairi
@afrizalninalka
@mukky23
@heroism
@f2i5
@nsisongudofia
@clarence25
@stermpreneurship
@faran-nabeel
@ngoenyi
@sm-shagor

Thank you all.