Personal Development

How I Started A £1500 Monthly Income Money Business With £35: How To Start A Business

August 19, 2017

Howto, Skincare, Lifestyle & inspirational blogger, Freetown, money London, UK, Fashion blog, Nutrition, Lizzylozzo, Sierra Leone, Inspirational Interview , Travel, Fitness, small businesses, earrings, startups

Always measure up your own money situation before you make a decision, don’t look at others budget  to make your own decision/s – Lizzy Lozzo

Hey lovelies, this is a tell it all on how I began making my own money. I have finally decided to tell it all about how I started a £1500 monthly money income business with £35, so that all you people asking me how I make money, will learn about one of the ways I make money. Make sure you are subscribed to my website to be the first to know about future money tips.

You don’t need millions to start a business
often times, people message me to say they want to start their own business but they don’t have enough money to do so. Sometimes all you really need is a great idea and a little cash.

It is very important to start small especially when you are starting a new business.

Time management
You can actually start a business whilst working at full time a job. Just in case the business don’t work out as planned, you can still have your day job to fall back on.

Leaving Your Job To Start A Business
I wouldn’t advise anyone to leave their job completely to start a new business especially at the beginning of the business. Before you leave your job, make sure you have an income coming in to cover your bills.

I made the mistake of  following someone that lived in their grandparents house and didn’t really have any real bill to pay unlike me that had a private landlord and I was about to be homeless when I made that move. Obviously, now I’ve been self employed for 2 years now (let me know if you want me to write a post on being self employed).
Always measure up your own situation before you make a decision, don’t look at other people’s life to make your own decisions.

The Main Reason I Started A Business

I started my business because I was always broke at the middle of the month even thou I had a job. There was a time when I couldn’t afford transport money for work not talking about money to buy lunch at lunch time (I guess I was bad at money management too).
There were people I could have asked for money but then again I didn’t want people to question my ability of living by myself. So the striving and hard times continued.

The Hard Times Motivated

I tried so hard to look for a ‘Sugar Daddy’ but couldn’t find one (still looking lol). Shut out to all the losers that are quick to assume that a lady has a ‘Sugar Daddy’ because she is able to provide for herself and is living about the average girl’s life. Having a Sugar Daddy is so hype, this is just like the Cinderella story, it doesn’t happen all the time, so stop that wishful thinking and start making your own lol.

Since I didn’t succeed with finding a ‘Sugar Daddy,’ I had to come up with the next master plan (never stop trying and finding answers in life).

My next option was to start designing extravagant earrings and sell them. At first, I was thinking I need a studio to be working at, I need a huge sum of money to buy materials.

So from what you have read above, you can clearly tell at this point that I did not have a budget to bring this business to life.

Never Stop Trying And Searching

So I search and search and found out that I can actually start a business from home. After all, that is how most of these big organisations started their multi million dollar Businesses (Disney, Google, Mattel etc).

Basically, I came to the realisation that this could be done in my bed room. So I made a budget, find out where I can buy the items I needed to make an earring, bought the items and I made my 1st pair of earrings which was absolutely loved by everyone I came across whilst I was wearing it. I mean I got stopped on road by various types of people asking me where I got my earrings from. I was so quick to say I made it and I sell them too. From then, I knew that there was a market for it.

I was studying business management at university at the time, so I knew the importance of doing marketing research before starting a business and also testing the product/service in the market. This went really well because my 1st pair of earrings did it all for me (things you need to make an earring).

I began getting orders from the 1st day I wore the earrings. I came to a realisation that there was a market for this, so I started my earring business.

I sold the 1st pair of earrings for £35 which was the cost of the materials I bought to start the business. So already, I had cover the cost, the only extra materials left were to make more earrings to make a profit so that I can expand on the business.
It just blew from there, I kept on getting sales from strangers, colleagues, friends and family members.

You Don’t Have To Start With What I Started With

If you have an idea, you can definitely start a business. You don’t necessarily have to start with what I started with. This was my passion but you can totally find what your passion is and start working on it.
It is very important to start a business with something you are passionate about and you believe in because the struggle is real and you are going to need all the power in this World to get going.

I have no idea how I would make it happen but I was so confused it would happen. My boyfriend at the time said how are you going to make money of these, I still had no idea but I was so confident that people will buy my products. I made greater goals for myself and every single one of them happened.

Success is no accident, living an incredible life is no accident. You have to do it on purpose and it starts by knowing exactly what is it you want to achieve, knowing why you want to achieve it, knowing the kind of person that you need to become in order to make it happen, programming your mind to make it happen, so you have to act accordingly.

Thank you very much for always showing me so much love.

Follow me on:
Instagram: @lizzylozzo
Facebook: @lizzylozzo
Twitter: @misslizzyhanson

For business bookings, please email me at contactlizzylozzo@gmail.com

Thanks and stay tuneddd for more interesting posts :).

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2 Comments

  • Reply edward karanja August 19, 2017 at 9:25 pm

    very inspiring story. Makes me feel even more dedicated to achieve more

    • Reply lizzy lozzo August 19, 2017 at 9:54 pm

      And you will definitely achieve more.

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