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Many people dream of starting their own business and being their own boss. For many, however, the cost of launching a business deters would-be entrepreneurs from turning that dream into a reality.
Fortunately, not all businesses require a large capital investment to get off the ground. In fact, many successful businesses have launched with a relatively small investment. An Intuit survey found that 64{9111bf363f647add152d55890b932a714619e879dedfb3a84eab2749a6baa157} of small businesses start with $10,000 or less and 75 percent of business owners rely on their personal savings to launch. In some cases, you could start a business for as little as $100, plus your time, energy and relentless dedication.
If you’re worried about losing your investment (no matter how small), you can set your mind at ease: You’re actually more likely to succeed than flounder. According to the Bureau of Labor Statistics,