How do people open a business with very little money to invest?

[Steve]

If you need a steady source of income to meet your financial obligations start the business as a part-time venture. Don't quit the day job until the part-time business has a steady flow of customers and profits. You can start your business for much less money if you start the business from home where you don't have to foot the bill for office space and utilities for an out-of-the-home office. Try to live frugally and invest the savings in your business. if you have good credit - is the easiest way to get money to start a business. Equipment, suppliers, advertising and postage (for mailings) can all be purchased with a credit card. Family and friends are a frequent source of funding for small businesses. But remember, you have to live with your family for a long time - and you probably want to stay friends with your friends. So don't borrow from unless you have a business plan and have done enough research to know there is a market for what you want to sell. Another way of gaining income for your business is through crowd sourcing. Many people use this source in crowd sourcing sites and you can try that as well.

As for the part about your education, all I can say is it all about your destiny. Your education will assist you in making decisions and knowledge about the laws and etc. Your clever mind can bring you to a golden seat. It’s all about the way you use your mind to handle obstacles over come pressurized situations and have the WILL to succeed in your business.

The most profitable businesses (as stated in web )are,
1.Accounting Services
2.Legal Services
3.Dental Services
4.Specialized Design Services
5."Other" Health Practitioners

However, you will need to do some market research to find out if there is demand for the products or services you intend to supply. Market research involves finding answers to questions like:
•Is there a market for my product?
•Am I going to be able to get into this market or are there already too many other players?
•Who are my competitors? What do they do and what can I do better or differently?
•What does my target market think of my product or services?
•How much will they pay for it?
•What is the best way to promote my product or service? Social media marketing would be an ideal way of promoting your business.