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Owned by Adam

Start a Business with No Money

577 members โ€ข Free

I help people start a business using the skills & resources they already have. Build with our experts, and a community of like-minded entrepreneurs!

464 contributions to Start a Business with No Money
Another of life's simple and free pleasures
Spending time sat around in nature with a firepit, good friends and conversation. ๐Ÿ˜ Hope your enjoying a lovely weekend so far.
Another of life's simple and free pleasures
2 likes โ€ข 4h
@Heather Cooksey it's not been cold at all - we were sat out in just a jumper until about midnight and it felt very comfortable.
Paying off the mortgage is the dream..!
Or so they say! Following on from this post by @Kisha Sims , I promised I would share with you the tactic I was sharing with my friend about 5 years ago about one way of leveraging the power of OPM. I told him I'd figured out a way to become a millionaire, and told him my exact plan, and he said "Good luck with that, let me know when you get there!". And I do, often. ๐Ÿ˜ So here's why paying off your mortgage isn't as beneficial as it first sounds, and how you could put that same money to work much more effectively. Let's assume your mortgage is 250k, And then you were lucky enough to inherit)win/earn exactly 250k. You could pay off your mortgage and give a big sigh of relief. Lovely. No mortgage payments to think about. OR Here's what I would do (and do do!) Buy 25% of four houses worth 250k each. Here's why: If your one house increases in value by 10% one year then you have just earned 25k. If your four houses increase in value by the same amount then you have earned 100K. Also, the rental income (difference between the mortgage out and rent in) you have made on the other three is also very nice thank you! What do you think?
Paying off the mortgage is the dream..!
1 like โ€ข 5h
@Jill Hart Exactly... There is just no point when that sane money could earn you more almost anywhere else!
1 like โ€ข 4h
@Despina Charavgi obviously It all depends on interest rates and what it could rent out for, but yes most people don't save up to buy 100% of their house, that put down a deposit of say 10% then mortgage the rest. I'm proposing that you put down 25% and mortgage the rest on four houses. IRL of course it doesn't work out exactly like this... I have some properties that I own outright and others with bigger morgaes but the principle is that borrowing is okay if the money spent on the mortgage is less than the income that it buys you in rent. Hope that makes sense!
How do you feel?
Anybody else feel like your body started getting a little more demanding after 40? ๐Ÿซฃ or just me? ๐Ÿ‘‰ โ€œIโ€™m tired ALL the time.โ€ ๐Ÿ‘‰ โ€œI wake up tired... how is that even possible?โ€ ๐Ÿ‘‰ โ€œMy joints hurt more than they used to.โ€ ๐Ÿ‘‰ โ€œWhy am I so bloated?โ€ ๐Ÿ‘‰ โ€œI cannot focus on anything lately.โ€ ๐Ÿ‘‰ โ€œIโ€™m hungry again and I JUST ate.โ€ ๐Ÿ‘‰ โ€œI know Iโ€™m not getting enough protein.โ€ ๐Ÿ‘‰ โ€œI really should be taking vitamins every day.โ€ ๐Ÿ‘‰ โ€œMy skin, hair and nails could use some help.โ€ ๐Ÿ‘‰ โ€œWhy is keeping weight off so much harder now?โ€ Which one on that list made you say, โ€œYep. THATโ€™S ME.โ€? ๐Ÿ‘‡
How do you feel?
2 likes โ€ข 5h
@Tom Schoenfeld I'll send you my calendar link in a DM so we can have a chat.
3 likes โ€ข 5h
@Heather Cooksey No, you should never pay off your mortgage!... Here's why
Hope your having a lovely weekend. ๐Ÿ˜
We just went for a lovely afternoon walk with my friend @Sam De la haye and our youngest kids on their bikes and met a man with a very old bike indeed.
Hope your having a lovely weekend. ๐Ÿ˜
0 likes โ€ข 5h
@Jennifer Elaine Yeah, so funny to think how much has changed in just the last 100 years or so!
1 like โ€ข 5h
@Heather Cooksey
I'm doing everything wrong! ๐Ÿ˜ฑ - According to the Guru's
The so-called business gurus would have a total ๐—บ๐—ฒ๐—น๐˜๐—ฑ๐—ผ๐˜„๐—ป if they took a look at how I run things. They told me never to offer a middle tier because it generates less revenue. They would completely ๐—ณ๐—ฟ๐—ฒ๐—ฎ๐—ธ ๐—ผ๐˜‚๐˜ if they knew I am giving away over $10,000 of value every single month through our free premium membership offer and free 1:1 coaching sessions.... And that is before they even get a look at the absolute steal of a main offer dropping any minute now! They tell me not to have fun in our community because it is not "professional". They tell me to work longer hours ๐Ÿคฎ. They tell me to hide my personal life and keep a distance from you. Maybe I have completely gone mad? Or maybe it is because I do not need the money? The truth is simple. I love our community, and I genuinely want to help every single one of you action takers go out there, build momentum, and live your absolute best life. ๐—œ ๐—ณ๐˜‚๐—น๐—น๐˜† ๐—ฒ๐—บ๐—ฏ๐—ฟ๐—ฎ๐—ฐ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฎ๐—ป๐˜๐—ถ-๐—ด๐˜‚๐—ฟ๐˜‚ ๐—ฝ๐—ฎ๐˜๐—ต ๐—ฎ๐—ป๐—ฑ ๐—ฑ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ผ ๐—ฏ๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐˜. Doing things my own way has worked for me to get this far in life. Being completely unique will always beat being a boring carbon copy of everyone else ๐Ÿฅฑ. Which traditional business "rule" or guru BS are you ready to bin off today? ๐Ÿš€
I'm doing everything wrong! ๐Ÿ˜ฑ - According to the Guru's
2 likes โ€ข 1d
@Isabel Bar
0 likes โ€ข 5h
@Iyaraa Iam So so true!! ๐Ÿ˜
1-10 of 464
Adam McCollough
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21,476 points to level up
@startupwithadam
Experienced business owner & coach who helps creators start up with no money ๐Ÿš€ Friendly support. Join our free community - click the link ๐Ÿ‘‡

Active 4h ago
Joined Mar 2, 2026
Cornwall, UK
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