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If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

It depends on the specific situation and the type of business. Since you say in option 2 that you would get the money over a long period of time, I would opt for option 1, start the business smaller and gradually grow. There would be a third option, which I see he has not considered, which would be to take out a loan for that $5,000, which I am not a fan of because it adds risk and costs right from the start of the business but it is very common nowadays.

It depends.

If I am suffering and facing a lot, I would prefer to start that business with the 15k, I believe that every business can be started with some money, it doesn't have to be 20k, correct me if I am wrong, so what is the state you are in right now? Can you survive without this business?

If you can survive without the business then you already get something else going for you at a side maybe, if this is the case I would rather invest that money on Bitcoin.

You want to know why, I believe Bitcoin bottom is 15k while majority are still waiting for 10k for one BTC, halving is now getting closer than ever, I would buy Bitcoin and a year and half, I am sure that the 20,000 isn't going to remain 20,000 by 2025, I will be able to start that business if I still want and I will be able to secure a good amount of profits aside too for another purpose.

You don't have to tale this advice, it's just my own opinion, I've said that it depends on your present state you are in right now, if you are struggling to be in good shape/health its better to start that business, health is wealth.

        That $15,000 is just a small business for you, here in the country I'm in, with that $15,000 I can buy a house and land, and a second hand car and a small business. In short, that kind of amount here is not a small business. I can also set aside an allocation in that amount to buy Bitcoin and other altcoins as well, actually.

       If we want to grow our money, even if it's a small amount, as long as you know how to strategize to grow it, you can definitely grow it, unlike others who have a large amount of capital, but the large amount is not properly rotated, so it's just wasted. capital size, in short growing money in the business is not based on the size of the capital you have in the business you want to do.

I will definitely choose the second, and I must tell you that I've been in this shoe before, it's also in many occasions, regrets are mostly the lot of those who choose the first option as they rely too much on luck to have the chance of making it possible. But, unfortunately, most ended up losing it or wasting most portion of it. Money is not easy to come by, preserving the ones we have if we don't have a better investment to channel them to is the best. It's better not to invest at all than to be involved in a business that can't guarantee a good return in such a chance and assurance that will guarantee the preservation of the money.

This narration doesn't translate to the fact that the person doesn't have a source of income or suffering from a lack of investment. This makes the wait to be worth it instead of losing the money and starting all over again and regretting it.

In reality, in every business there must be a plan and a realization. A business plan that requires $20k in capital should be able to start with $10K. In every business there must be a priority scale, which are primary needs and which are secondary needs.

Yes, I know this is just wishful thinking, but in practice, if this business can't be started with $10k in capital, chances are your business plan isn't mature enough. So no need to hesitate, $15k is enough to start your business

I can sense the lack of confidence in the job the OP is pursuing here, as he mentioned failing quite a bit in a beginner field.

I agree that the biggest risk here is probably lack of experience, not lack of capital, so either you will continue to work parttime to gain experience, or you will spend money on experience to get back your lessons. But it's easy to recalculate the balance versus risk so you look at investments for the next few years to have basic financial support for long-term business operations.

Realistically, I lean more toward option number two. Please discern between what constitutes a dream business and what qualifies as a side hustle. A dream business embodies one's aspirations for its operation. By having such a business, we've at least carefully considered why we regard it as our dream endeavor.

Waiting a bit longer isn't an issue, even though there are shortcuts promising acceleration but laden with risks. In fact, it's even riskier if we're not prepared for those potential pitfalls.

If it was me, I wouldn't just prepare the money if I want to start a business, I would also prepare skills and deep knowledge that relevant to the business I would like to start skills and knowledge is also a capital/investment if I want to start a business, so in this case, if the $15,000 is not relevant with the skills and knowledge that I already gain, then I would prefer to safe the more money, but if with the $15,000 is relevant to those skills and knowledge, then I would probably just start with $15,000

I don't understand with people who have such mindset where they must obtain specific amount of money to start a business.

The most important thing in business are idea and execution aka human resource, not money aka capital resource.

If you have a human resource, you can create a proposal and communicate with investors about your business. If your business are really good, they will not reject it.

Even you only have limited capital, you can start from small.

A loan to cover the 5000$ would be my take, but maybe I will take some more just to cover up some additional unforeseen costs. You just have to be in the debt as long as you can cover it and pay the monthly installment.

If you can start off with 15k then by all means do so, but if you are thinking of avoiding a loan, you are making a mistake. Loans and businesses work hand in hand, both exist to supplement the other and that is why the government pushes loans at lower interest rates to small businesses. If you are in the business you will be taking loans at some point or another.

Well, I would weigh up the risk percentage of the two options to see what has the biggest risk and then I would steer away from that. In my country 2 out of 5 businesses fail within the first 3 years, so I would make sure that I do enough market research to see if I can be one of the 3 that make it.

I take it the other option is some kind of investment or even fixed Bank account with lower profit/interest? If your friend are young.. then taking chances ..carry lower risk, because if it fails... he or she has enough time to recover again.  

Starting a business certainly requires a process, it cannot be denied that at the start of a business you will face failure first. This is certainly a lesson to be able to fix the points of failure that we experience.  Therefore, I am more interested in choosing the first option of starting a small business from the bottom with the hope of achieving success in the future

You're just short on  $5,000, which means you could still start a business where you'll have to budget that $15,000. For example, your plan is to buy equipments that require like $5,000, of course you'll have to be creative and to find a way like DIY tables and chair just for you to start a small business.  When you just starting to plan a business for sure you are aware of the risk. Even you completed that $20,000 you could also still lose. So there's actually nothing wrong starting from a small capital as well a small business. It would only depends on the owner how he could handle his business like target customers.

Come to think about this situation if you save do we have guarantee that we cannot touch it? for sure we have also high chances to get defeated by inflation so its no sense to save for long months or years since it will just a waste of time for deciding that to do.

If you have capital to use much better if you invest it and find multiple ways to make that money generate you an income since over the years you can make sure that your money grow. But just make sure that you are going to invest on legitimate programs and not to those scammers who promise heaven and earn to us so we will not waste our hard earned money for wrong investment decision we take.

$15K is already huge. What kind of business are you planning? And also what are your reasons why you concluded that you needed $20k for that business? Just a tip try to run down and calculate again what is needed to put up that business because there is a possibility that the total is just $15k or less and you just overprice those other things. Try to make a list to list it down and if the price is needed you need to go to a local supplier and ask for the price and that is where your base is.

If $20k really is the result then I would wait and still save more to have $20k and start the business only if that business is really feasible and you are very sure that it is a good business and not just thinking about it overnight and deciding it.

If it's a dream, and you're already at $15k, I see no reason to let go of that dream and exchange it for something smaller, less relevant to you personally. So I'd try to accumulate the remaining money and go with the original idea because I believe that people should follow their dreams when it's possible to do so. Sure, it may not work out, but at least this way I'd know that I tried, whereas if the smaller option doesn't work out, there'd be more regret.
But another thing I'd reflect upon at this point would be whether I actually want that particular business and why.

Nothing more and nothing less that what Don Pedro Dinero said. You posed a general question as if there were a universal answer valid for all cases, but the most important to take into account is what type of business you are talking about.

Hewlet, if I was you, I would write a contingency plan where I would write down the possible risks, the probability for them to happen, and the impact that they would have in the projected business, and only then make the decision accordingly. If you come to the conclusion that the business is low risk, then it could be a good idea to invest these 15K. Otherwise, it can be preferable to slow things down and save until you hit the 20K goal.

Without knowing the nature of the commercial activity, the work is a feasibility study for it, there is no need to give you advice, and that the commercial business varies according to the market, legislation and taxes, your experience in the market and the extent of your relationships and activities, distinct from investment and profits after deducting taxes, but in general, if Bitcoin is legal in your country, the tax specialties are lower. You can wait for two years to start your project, as investing in Bitcoin will be positive, as as a result, the price rose to more than 70k within the next 24 months, with the possibility that the price will decrease.

This is not investment advice, DYOR

There is no good business if we ourselves do not fully understand the purpose of building a business. Talking about capital no matter how big or small, you can still start by mastering the business you are working on. Profit is only the final result and to achieve it you need to ensure that the business you are working on has value.

Failure is a condition that will always be found, depending on the overall level of failure or whether it can still be repaired. Say I think $15K is a lot of capital and it can be broken down into several types of businesses. So that generating different profits, putting $15K in one basket is not a good solution.

If your friend has been able to be patient and saved $15,000, why is he now rushing?  He is almost close to achieving his dream, let him be patient. If he is passionate about the business he wants to establish, let him focus on raising the money and avoid any form of distraction. There is no guarantee that if he invests in another business to raise funds faster, it will be successful. But if he wants to take some level of risk, he can buy Bitcoin, now that the price is somehow low, and hope that next year will be favorable.  He can make some profit from Bitcoin which will make his dream. But he needs to know that nothing is certain.

It exclusively depends on what business you are going to start. I am not in your position. I can advise whatever I think, but it might not match your business plan. You should not consider people's plans in your business. You are the one who knows what you should do. I don't know what business you are planning for. If you can start the business with the $15K, you can go for it. If not, wait a little more.

For example, if you are planning for a restaurant business where most expenses are on buying furniture, decorations and other things, the food does not cost that much. You cannot start without a proper decoration. Otherwise, it will create a bad image of your business. So, as I said, it depends on what business you are planning.

I will rather start the little business with the $15,000, firstly, before investing on a business, the person must consider some terms and conditions, conditions like If I start this little business can this business bring profit and where to start a business matters a lot for example a busy street. Also starting a business requires consistence.
  I choose to start up the business with the $15,000 because if I cannot hold a $15,000 business to stand very strong I cannot do same to the $20,000.one thing I know is no matter the little capital you use in starting a business, small or big if there is no propal care for the business the business will still fall. Most supermarket, boutique shops we see today, they all started with little capital. So you can equally start a business with $15,000 and make 10× profit from what you're looking for if you invest wisely

It's up to you, if you are willing to take risks for a chance to earn double or more profits then you should start with the business. But if you are not ready to take risks and do not want to lose the money you have saved, you should choose the second option. Everything is proportional to each other, if you choose option 2 you will be safer but it will take longer to achieve the expected results.
We are not you and we are not in your situation so it is difficult to give you the best advice. You should know what you need, what you want and should make all your decisions yourself.

Im torn to be honest. Pratctically, I would suggest option 2. Keeping the $15,000 and working on other things to slowly gather the remaining money gives you a more secure fund. It might take longer, but it minimizes the risk of losing your savings. However, neither option guarantee success, and both option can be difficult to establish.

But if you relly love the business, I think this would be my case, you’ll just hve to start right? I’d rather consider exploring ways to start my dream business on a smaller scale with the available funds, and then continue working and saving. It will give me the opportunity to grow steadily while I gather more resources. It's about finding a middle ground that allows you to pursue your passion while managing the associated risks wisely. I’ll also be enjoying the process in this option.


Right. It depends on the type of business. Also the 5000 difference is a factor haha pike if it is just the difference, you can just start right? But if there is a huge gap in fund, I think you’ll have to save first before acutally staring the business.

Get 5000$ loan to start your real dream business and pay the interest slowly until you can fully paid the loan using your business profit. Some bank offer a business loan which let you pay in long terms with fair interest rate so that you can have time to get profit for your business.

Starting different business or wait until you complete the funds is just a waste of time while there’s a financial instrument available to let you start immediately. It’s important to stick to your original plan since you already study how to run your business compared to running a compromised business that you didn’t really like.

To be honest, this is quite decent advice and probably an option the OP hasn't taken into account. Bitcoin is expected to boom in the next one or two years due to the upcoming halving cycle. We can't know for sure, but there's a decent chance it will. However, as @hugeblack mentioned, without knowing the nature of the business you're interested in starting, it's quite difficult to recommend something, and even if we do, you know your condition better than us.

Starting a business is a type of investment, but personally, I'd go for the second option because I wouldn't want to risk the capital I've already acquired, unless you're willing to look into acquiring Bitcoin and postponing your business for a while.

I will keep the $15,000 while doing other work that will yield the remaining money over a long period. Sometimes we are tempted to start a business without sufficient preparation so that when financial problems arise we will panic and stop the business at a loss. Waiting for sufficient funds is better than starting a business on a small scale.

It depends on the type of business, how reliable, and how profit yielding that the dream business is. It also depends on how certain it is to work and get the remaining $5000 within the expected period. l can wait to make up to $20000, if the dream  business is completely reliable, the profit yielding capacity is very reasonable, and the work that l can do and get the remaining $5000 is certain, and within the expected period.

These will generally depend on the type of business but I think starting with a small amount to start a dream business is a good business to scale up. And investing $15,000 would be the right decision investing in personal finance is very important. By investing a person can increase various measures investing is a step closer to making dreams come true investing in cryptos like bitcoin is the right decision. Get good returns in the long term and there is no way to lose as time passes its value will increase.

I don't have any suggestion rather than the second suggestion which you just made, your friend has been able to make $15,000, so he needs just $5,000, if your friend is in rush, he might just end up losing the amount which he has been able to accumulate already. Since he knows the means which he was able to accumulate $15,000, then your friend should just continue working and saving, when your friend gets a required amount of money which he needs to start a business, then he can just start. Looking for easy way to get money might end up causing him to lose the amount which he has struggled to accumulate, its always better we have patience.

One of the things I've learned is that you shouldn't accept half measures. If you want to eat pizza, but all you're able to buy is a hot dog, don't buy it. Find a friend who can share a meal with you and get a large pizza together. Think, don't give up!

I'd never choose to start some other business with 15k but try to make the remaining 5 somehow and invest in that dream business that I've always wanted.

Investing is another option. At this point it's almost 100% certain that next year bitcoin will be worth more than it is today. You can't lose money here' unless you get robbed, hacked, make a mistake in storing your coins or something like that. The price will be higher but it doesn't mean you'll have any bitcoin to spend by then, so there's always that little bit of risk.

If it is my dream business, I would definitely try to manage that money. If I don't have it, I'll borrow it. If I don't get loan from anyone then I will try to loan from bank if not then I will try to make up in 15000 thousand in that business. I know one of the  way will open for me. But if the gap is big like I need 20000 but I have 10000 then I will do it if there is any other option trade within my limit. And if not, of course I'll try to wait until I get the money I need. In this concern Different people will have different opinions.

Depends on the conditions prevailing in the field. If half or more of the capital needed to run the dream business can be used to run a second business or side business with the consideration of being able to quickly meet the remaining capital needed to run the dream business, I will use that amount to run a second/side business instead Instead, the money is stored or left to sit there without any turnover.

You will look towards business and will first investigate that will this business give you profit or will ruin all your savings. If you are putting money without investigation then you will loss your whole money so it does not matter that you are Initiating a small business or dream business.

You can easily double the small sum if your selected business is advantageous and i think a person should take decision based on the amount with him. if a person has little sum then this little sum is enough but type of business will have impact on your profit

I didn't think it would come to that, especially since what the OP was talking about was building a business. By taking a loan, the burden will increase because we have to think about the loan that we have to pay. Whereas in a newly built business we can't see the profits and losses yet. It's good luck if we can get a profit, if not, the loss we get will be a double blow. First we have to lose money because the business is not according to plan, second we have to keep paying the loan.
That is the last option I would take, and if possible, taking a loan is something that should be avoided.

Does your friend know anything about this other small business and how it is supposed to run? Is he expected to just invest the money and shut up or will he actually get a say on how the business is run? Will the owner of the business be willing to put up with someone else telling them what to do? All of those are relevant questions that needs to be answered, but being realistic I would prefer to simply keep the money and work until I have enough of it to start my own business instead of investing in the business of someone else.

I think it would be best for you to come up with 2 plans so you can really reach your dream business.
If I were you, this is what I would do.

Plan A. If you have the option to invest, invest but don't spend it all, just a small amount and then while you invest, do another job so that somehow you have extra funds to reach your goal of $20,000 for in your dream business.

Plan B. If your investment fails , at least it won't hurt too much because you didn't spend it all, and that's where your extra funds will come in to start over. Always be ready for what happens

And I think don't stay at $20,000. Increase your budget because this is your dream.
It is always better to have spare funds

This situation is not that difficult to tackle, all you need is confidence. If I were at your place, then I would prefer to do the work while saving the $10,000 in my savings and will use the $5k for other investing purposes, like investing in BTC or investing in some small business, which would also generate me some good money. Then I will not hesitate to book the profit whenever I have one. I will try to use $5k with as low a risk as I can.

And once I make enough money I will start my dream job, but a dream business or job, does not mean you are going to be successful so, so don't only make $20k to start a dream job, try to save a little more like maybe $25k. Or more. But I think it is hard for you to save $5k only then it would be too late to make another $5k on your desired savings.

Try not to spend all of your money on a dream business, because they can flop too. All you need is analysis and hard work then leave everything to luck. But please do not do the last thing first (means leave everything on luck), try to do analysis and hard work first then leave everything on Luck (gosh I am repeating and also saying that It would be hard to make $5k for you, like it is not for me hehe.)

Yah you have a point, it's okay to play safe but maybe it's not bad to invest especially if you also want to build your own business. You don't need to spend a lot, just a small amount is okay and while you are investing, look for another job so that you can somehow recover what you have invested.

Left for me, I have always preferred investing rather than saving no matter how convenient it is.  Saving is good mostly when it is toward a most certain future, not one that is unknown. Saving towards achieving a dream for me can be classified as an investment. I always have enough money to keep the dream alive because the dead ain't got any chances to do such.
I would love to invest rather than save, but DCAing for me is more than just saving. It's an investment plan.

I would say start a small business with $15000.  Profit should be taken out of money without depositing it. By starting a low risk business you can start a business and earn profit from it. Again you can save money from that profit.  Starting a small business will take as little as $15,000.  But it also has risks. If the business flops, capital can be lost. For this you have to have all those business ideas inside, you have to continuously innovate in the business. It doesn't happen if you don't take risk. If you want to shine in life, you have to take risk. It is better to invest it in the right way instead of saving 15000$.  It won't take you more than 20000$ through investment.

starting a business this days has several challenges talk of policies and other factors so some just have to be careful while going into any business and also doing proper research of what you are going into is also good proper DYOR can save you from a lot of business risks, looking at the amount you want to invest is a lot of money 15,000 dollars if properly managed and well invested it will actually bring profit. in my place if you want to start up a business and you consider a supermarket or store a lot of people are already into it so you might have lesser patronage.

Every business has their ups and down but I feel agriculture is still one of the best since is something people can not do without and there is always demand for it, even if the economy is not favoring business, and looking at the value of the dollar against the currency of the nation then there will be a lot of of rethinks.

You shared exactly what I had on my mind and was going to write, but I was also going to talk about where you should invest, It will not be investment advice but a suggestion so please DYOR too. I would say, Invest in BTC for the long term. Because OP was saying it is hard for his friend to make $5,000 and it will take him some time to save that much money. Like a long time. If that's the case, then simply invest some of his savings in BTC and wait for the long term.

Like doing holding, you will be earning on your investment while you will be doing the work and making savings too. In this way, you will have more than one earning source and the amount of $5,000 will not be that much hard to make. If your friend is not a BTC user or does not trust it, then tell him to now trust on ALTs too. Because ALTs are way risky.

Tell him to, find a way which in his own thoughts is good and he thinks that, this would make him some money. But every good business need huge investment, so to start a small work, OP should use his smartness.

How long is that the long period that you are talking? How long you have been able to save up and reach that $15k savings that you do have?
If that lacking $5k wont really be taking up several or couple of years then it would really be just that better that you should really be saving it up and would really be that doing that business on what you do have in mind.
Tending to make use of that 15k on a business on which it turns out to be your reason on generating another 5k then it would really be prone to errors and might ended up on a loss. Why you would really be that too desperate on doing such move or thing? Doing business on which it is really that out of the scope of interest of yours is never been recommendable or appealing in the first place.

On the time that you do make out such decision or act, then it would really be just basically shows on how desperate you are on making money and this is something that you should really be needing to think twice.
If you could be able to afford up such risks with that non planned business then go ahead since its your money but if you do mind or boggle about the risks and also getting in line with your interest
then its better to save up more and build the business on which your heart and mind is really pointing into. There's so much difference in between two.

What did your friend do on the way and successfully save $15,000 savings in the process? Just continue to do the work and sooner or later, the $20,000 target will be achieved. Less risky since if that amount is put into an investment, expect a rough and tough road to reach the target as it depends on what kind of investment your friend should choose, and the worst, that capital might be wrecked in the process.

Slowly but surely, just save that $15,000 and continue the usual work your friend did reaching that amount in savings.

A dream business don't need to be rush.

In my country, if you have 15,000 dollars and want to make 5 thousand, then you need to buy goods that are in demand at a discount or on the wholesale market and resell it. Accessories for mobile phones are selling very well everywhere and you don’t need to buy $15,000 worth of goods.

I will go with the second option, I will keep the money first and not risk it in some business or something that you don't have total control of. You have taken steps already to save enough money for you business, so why not just wait for a couple of months hard work?

For sure once your got to that $20,000 and start your own business, it's going to be worth the wait and all the hardship that you have done. And at least everything is up to you, on your shoulder on how you will become a successful businessman.

It's better to be sure than rush things out without any assurance. There will still be enough time to save up to have enough funds for a certain business. It would be better to be well-ready financially before you put up a business. You can still grind harder and earn better to reach such an amount.
You don't need to hurry and while saving, think of the best strategic plan so your business would be successful in the future. There's no need to rush if as long as you are working hard to make money and savings.

If I will be given with such money , I will invest some part of it and then save the other half. I will invest it because I want to make it grow and storing it only in banks will give a small amount of interest only. I will take risk and invest it instead , the reason why I will save the other half is because I need to save for myself as well and it will serves as a backup plan when my business fails.

Investment is not something we need to do with funds we have, we can always split it and use part of the funds to invest in Bitcoin and other cryptocurrencies so that we can earn some profits too. I always tell to never underestimate investing in physical business because that would make a lot of sense so as our crypto investment keep getting mature, same will our physical businesses will keep growing so that as we are making money from the two side, we can also think of investing in other businesses to earn more too. Anything can happen in the Crypto world just like last time when the crypto market crashes making people to make severe loses.

The problem with your question is that it distracts people from the fact that you can choose between the two. Saving and investing two halves of the 15 grand you got will not only provide you with a pretty okay-ish safety net that you could rely on should your venture fail, it would also open you for opportunities to start said venture without having to force yourself upon it. You can even argue that investing on the stock market or crypto would be a better idea instead of investing it in a small business since the low entry cost and the higher propensity for earning means you can save as much as 10k while invest the 5k with the prospect of still earning good money. Sometimes you don't have to choose especially if it's about money-making, sometimes taking the middle pathway works best.

Physical business requires your presence, money and time. This may not be the best option for many of us because it requires great management and leadership skills which most people don't have. When investing in bitcoin, gold, land, stocks, it doesn't require your physical presence. So you can participate in other activities when investing in those assets. Physical business and buying assets both have their own level of risk.

Investing in a smaller business when you know you can't meet up the required amount is not 100% certain that you might get that expected amount, like you said it has the potential of failing. So to me I'd say you get a loan to meet up the amount for that business, and before taking such loan you have to make sure that the investment would be profitable. Like we all know, in business you never can tell how the outcome would be like until that investment has come to a conclusion.


Sometimes the investment can be the type that has a short period of time so while doing other work it might take time to get the remaining money. In such situations what can you do to meet up? 🤔

Just looking at the limited information you gave, I would definitely find a 5k loan and start that dream business. I would go into this business aware that the risks were high though. There is no guarantee that you can increase your money by using it in other ways, on the contrary, your money may decrease. Instead of getting closer to your dream business, you'll be moving away from it. I would do anything to start this business without wasting any more time. What I would do would be to borrow money from friends and look for a low-interest loan opportunities before taking out a loan with high interest from bank.

You have already listed the two likely solution and all other responses would be drawn from those two. You either save and continue to work to complete it or like you said to invest it and expect to complete it as the profit comes but I won't advise you to go invest in a small business first because the business may drop with the effect of inflation.

My own advise though which should be the third of what you have listed is you can go for loan. My advise for loan is because you are already close to the needed sum of money for the business at least you already had around 75% of the capital. And if you are not investing in crypto it is better at least you can monitor the business physically. To take 100% loan for business or investment is not a good idea but if you have more than half of the capital and you believe you have a place for repayment if incase the business fails then you can go on, at least you can resell some of the structure or material to repay the loan.

Between investment and savings, both are very important things to do, but their roles are different. Investing in a business that we started ourselves is a good thing for us to do so that the small amount of money can continue to "spin" and make a profit. It is not important how much capital we spend, the most important thing is that it is a small step that we start to achieve great success compared to you can just plan without starting anything.
However, apart from that, we also have to pay attention to our personal savings to answer a problem (an urgent need) so that the money we invest in a business is not disturbed by this urgent need.

I’ll like to point out something I find valid in respect to the situation and that is,
1. This individual is employed somehow to keep earning.

Now, that’s reassuring that with or without the investment, the indigo has hot some means to finance his or her needs and wants and as well gets to save.

Okay, I don’t know what’s your definition of a long term or what sort of business this fund would be redirected towards but, if saving is the idea, then I wouldn’t advice that to be done in fiat. Nope! Your friend could at least buy bitcoin now and have his money save in an asset of value and in expectation of a bullrun.

On second thought, if taking risk in starting a small business of his or her own is high, he could as well invest in petroleum by providing liquidity for a branch that offers the services as, petrol has proven to be a much needed product that tends to move. There surely would be returns but, under good management as well.

Other options could be, importing scared items and having it sold in places of lack. Find market for that wouldn’t be difficult and the income would be accumulating.

Investing should always be done with an eye and have a plan B. After all, often things do not go as the investor expects. And sometimes the chance to get a big profit appears when there is no money to invest, as all the money has already been invested earlier. This is the so-called mockery of fate.

Context lacks a lot imo since it's for a friend. We don't exactly have their situation at hand and what said business actually is. Look in my case, my dream business would be something along the lines of a game studio, and assuming that the needed ratio (75% on hand, 25% still missing) is pretty much the same as what I need (since game studios should be a lot more expensive than $20k), I'd definitely go doing both 1 and 2 since game studios don't exactly give immediate profits, unlike say cafeterias and the like.

Ofc, this could be remedied by sorting out your finances and splitting the money you get so that you can party invest and partly store your money, but again, depends on context. If we assume we can't do both then yea, I'd go with 2 instead, especially if you consider your words "over a long period", so I'm assuming that at the very least, that $5k can take a long time to be earned, what more that $15k you can lose.

Personally, I would start my business in minor scale. There is a 25% difference between desired bankroll and currently real bankroll, but that must be manageable. Do your calculations again and try cutting expenses for now, so your plan fits the 15,000$ you have. Or, you can borrow money from someone to complete the 20,000$... That involves some risk, but since we talking about investing into an asset, which will generate profit for you along the time, it might worth. Just make sure to never borrow money to invest in liabilities.

When you think of think of the capital for the dream business, a wait is good according to me. In my case I'll risk a small part of the capital saved into some business or investment that could bring regular earning. Surely this will help me reach the capital requirements for the business. Maybe the time taken to start the business gets delayed.

The basic for all sorts of investment is through savings. When one hadn't got the ability to save, then for sure he isn't able to invest into any business. Every business have got the risk and we should have the patience to have a good study on the same. Maybe the same business can be done at a lower investment than what we've been planning.

the OP and his friends should assess the real situation of their financials. and the potential of the business they want to start with. they can start with small business, but they need to see the demand of such business. study if it will truly generate revenue in the short time period that you are looking at. because once your small business is growing, you can easily expand it if the demand requires it.
but as much as possible, you should not loan money if you are not really prepared to pay for the interest that may accrued from this.

You better start a small business if you can't provide more than $20k for the business you are planning. You have to consider having an emergency fund and not put all your money on your business. Allocate at least 10-15% of your funds for your business, if ever that the business doesn't work, you can still have a reserved money to start a new one or to recover your business.

You can also start a loan and find a bank that offers a small interest, your money right now will be the reserve money, and your loan money will be used to run the business. The possible income will pay for your debt and if ever that it doesn't work, you can still have a reserved money.

I'm not against borrowing money for business, but first you need to be sure of your plan.  you should not borrow money to start a business if you do not have a clear plan and just want to try with business.  moreover, with $15k and wanting to do business, we can also start a small business without needing a bank loan because borrowing capital will create more pressure for us.  borrowing money will make us more stressed and distracted. 

I don't know what it is like in your country, but in my place with a capital of 10k-15k, we can do a small business and still leave some savings.  there are many small business models with moderate capital that we can start, limiting borrowing.

A quick question to you and your friend, how did he/she raised the $15k? If someone can be patient enough to raise $15k for a dream business, why not continue to do what earn you the $15k to make additional 5k needed?

If there's any other business in his mind then he should invest the money into that particular business and see how it will goes. Every business has the potential of failing including the one he's planning to start with the $20k. Business entirely is all about taking risk, you can either succeed or failed and learn the mistake to continue again. If you are too scared of the risk involved you can never start. Keeping the money is not ideal especially knowing that it will take a longer time to realize the remaining $5k. I have read series of advice on this thread coming from different individual and different geographical location, it's based on what everyone think will work for them including mine and decision is left for you to make. Apply caution however.

This is an interesting question. I would say if you want to start a business that would cost you 20 grand, then you're not prepared for something expected, I mean businesses with no extra money, I'm not sure what it is called, but I've learned that if you want to establish a business that is worth 20 grand, then you should have at least 30 grand with you for some unexpected outcomes especially for new business owners. For OP's case, IF you have like $15k on you, you should try looking for $10k worth of business, then make your $5k a safety net for you. For now, if you really want that $20k business then try to save it instead of investing it til you reach your target.

Well, yes. As I said, if most investment goes to the arrangement, you need that fund early to start the business. Businesses like restaurants and similar types need the most investment in decorating and improving the environment. The cost of food is not much; honestly, they have to include many maintenance charges. These charges increase the business cost.

But if you run an e-commerce business that does not have that much cost, you have to spend your money on products and advertisements. You can increase the number of products later.

Much like almost all of the replies here, I'd say it depends. It depends on how urgent you need to start the business. If you are in a rush and needs to start the business as soon as possible due to important reasons then I'd go for option one although I'll surely have to make sure that I will be prepared for any risks and loses I may get for taking that action. However, if it isn't urgent and you can take your time, go for option as it is safer and less of a risk. Additionally, with option two, you can always think of additional ways to earn more for capital.

We really don't know the details of his business plan all we know is the capital that they need but if they didn't assess the situation of whether the business will strive or not then that is a huge problem as they are having a huge amount of capital without a proper business plan.

The problem if OP starts a small business first to see if that business will work is that he will still spend some money on it unless his business plan is to sell shirts which he can try to sell 10 of but if it is bigger then that would be a big problem.

This depends on whether or not I can reduce the costs or not. Instead of spending an x amount of money for marketing, you do the marketing yourself. Sure it will not be as powerful or as efficient but you will have a business with the potential of making more money. And once you have made enough money, you can grow your business. I do not believe anyone needs a specific amount of money to grow their business. But growing a business is much much harder when you have less money available.

Why does your friend want to open his own business? What makes him so certain that a $5000 gap will break or make the venture?

Just go for it, that is my recommendation. As long as you can make money, you can settle with less.

Yes, of course, everything we do, especially in a business, must go through a careful planning and a maximum effort, indeed sometimes in its implementation it is often different from what we planned before because there is a problem that is beyond our previous expectations, so this is where we have to be able to play tactically to solve the problem.

Speaking of opportunities, sometimes great opportunities come when we are experiencing difficult conditions financially, but in my opinion we still have to focus on the tracks we have built to stay focused on investing in a business that we are working on. Indeed, an opportunity will not come for the second time but we must also remember that opportunities will come to people who want to try and never give up and in the end with maximum effort I am sure that we will be at the same point, namely success.

It's true. What you said makes complete sense. Before launching his business, he has to investigate if the local market has demand for the kind of service he is going to dispose. He has to look for the respective target public which is going to be benefical for his business and if there are plenty of those people around. In negative case, I believe it's a risky idea to go ahead, as chances of potential losses are considerable.

Nowadays we have to be careful with entrepreneurship, because at same time it's accessible for everyone to become an entrepreneur, with so many ideas, acessible offers of new investments and machinery for sale, that we end not thinking smartly about the relationship we are going to develop with the market for real.

If the requirement for the business to start and continually process is $20,000, and you want to start it right away because you have $15,000 then you probably are rushing. Because your business won't run smoothly if you don't have enough funds to operate on day-to-day business.

However, if you have the conviction that the best time for you to start is now, and you have a concrete plan and strategy for your venture yet you don't have enough capital, then you can borrow. Many investors out there are willing to risk their money for entrepreneurs with solid plans. It will surely require you a lot of sweat and hard work, because if it's a small business then you only have small numbers of people to hire and work with.

The first option seems riskier. If you aren't really sure about investing in the smaller business, I suggest you are better to choose the second option (keep/save the money). In the current situation of bad economic, it is not easy to run small business. I already failed several time to run small business. It is not only happen to me, even some established business failed due to smaller demand on the market. So, we must be very careful to choose a business to run. I suggest you are better to keep your plan on running the ideal business you dream. If your capital isn't enough yet, it means you need to be more patient to collect more funds. Don't hurry to run smaller business or invest on it, it probably leads to waste the money only.

Starting a business requires high wisdom because they can be easy to start but failing will happen under a minute. If I'm you in this situation, I will continue to work and get the remaining balance from the place that lockin the $15000, I will not establish another small scale business that will die and bring me back to starting point, it doesn't make because all effort will be wasted and you might have to work all through to get another capital to start another business.

If I were the one  who has $15,000 I would love to buy a piece of land. Either residential or agricultural land. In just a couple of years I think you will earn more than $20,000 for that investment. You can also invest in a few rooms of apartments for rent, though it depends on where you are at because here in my country it is cheap and $15,000 is for me big enough for a business.

For the purpose of the things that happen which we don’t expect and the high rate of rising inflation, I will rather advice one invest that money in a very small business which he know he can carefully handle very well why he gather the other remaining balance to meet up his business start up amount.

When you have money stack in the house or in your bank account for savings, their are needs which might arise which we don’t make plan or budget for and when such thing happen you will be left with no option than to touch that money and use it to settle that problem by doing this part of that money have reduce which means you need more than you where already looking for in other to meet up the required amount target.

So the best thing is to invest it in business which, even if you are not making enough profit from the business, the little which you can be using to support family problem and keeping the money in circulation is enough why you will still be busy chasing the balance to complete what you want to open up the business.

In my opinion initially not buy all the necessary business related things to start the business but also buy all those which are must needed and keep other things aside for the time being. Because starting a business there will be a possibility of profit and later it will be possible to buy other things. But it is better to be able to manage the entire money to run the business fully. In this case you are saying that the problem can be solved by borrowing. If the money can be borrowed from someone then the business can be started with that money. The loan can be repaid later with the money saved from the business.

So, if I understand correctly, the business will be fully setup at $20,000, which means the business can actually run at a significant percentage of completion, if it is setup at $15,000.

My suggestion in this case will be to set the business running at the capacity made available by the $15,000 and while at it, look out for investors who want to invest into projects and  also consider loans. The investors can get equity in exchange for their investment but they'll appreciate it more when they know you have invested more and also have started developing your product.

Everyone wants to be a part of something big but not when its about to get started and if you have what it takes to get it started, which in this case is the $15,000, get the ball rolling and invite them for the party.

I think choosing not to use all the capital we have to buy business-related items is more because when we are just starting a business we still need money for unexpected things, but if we use all the capital we have to buy goods for business needs, then we will no longer have money if the business we build does not generate income. Choosing to borrow money for business purposes is certainly better, but we need to understand the risks of borrowing if we cannot pay it off.

If you start without having a business plan then you are going to end up with a loss one way or another. I believe that people who are not ready for everything to go wrong, are the people who end up bankrupting. I had a friend who started a simple cafe, somewhere you buy a cup of coffee and maybe like some slice of cake, nothing major and quite simple without a doubt.

You know why it went wrong? Because, he just calculated for customers not showing up for a while, that's the most easiest part, but he didn't consider all the licenses, all the governmental paper work, all the health department requirements, when you start a business, ANYTHING could go wrong, you have to be ready. Always start small, but if you can avoid it then I would say investing into bitcoin would be much better than anything else.

I know we're dealing with a hypothetical situation here (though you said it's a real life situation), I still want to point out the error in your maths. The remaining cash to make up the $20,000 should be $5,000 and not $15,000.

I'm a firm believer of stating small to grow big. Conceive what and how you want the business to be and start by prioritizing what you need to get the business running. Sometimes, financial temptations may arise that can make one misplace the cash set aside for the business if the business hadn't already begun. So, I would start with the $15,000 and gradually grow the profit.

Firstly, I will calculate how I will get the remaining $5k and how long it will take me to accumulate it. If I can get it together in the near future, then I will save the $15k and build it up until I can reach $20k and start investing. However, if I can't raise $5k in the near future, then I will try to adapt to $15k and look for a business that is legit and has very little risk. Even though the profit is small, at least I can make extra money from the $15k. The principle that I have, if I aim to invest, or build a business, then I will not save the capital that I have for a long period of time.

It depends on the circumstances, but when it comes to this it will be very risky to invest the money for a short period of time. For instance, what if we decide to invest in something like bitcoin, For example, what if the price of bitcoin starts to fall and we invest for a short period of time? That is another big risk to take. I'm still wondering about the types of people who are still waiting to have this kind of huge money before starting a business. If i have that amount of money i will start up with my business immediately there's nothing to think about.

When conditions come like this,  my plan will depend on how things turn out. If I can start my business next year, I'll invest the funds in bitcoin because that is the best thing to do, but if the business meant to start on time, I won't even consider investing and will instead start the business with the smallest amount of funds available. Despite the state of the economy, I believe that $15k will be enough to start a business. Everything was designed to be done gradually when the time is right, and I am confident that within a year the business will turn a profit because so many people want reach the level that they are not up to.

I think the 2nd option is the better one. Let me explain. When you have a target or something that you want to do in your mind, you can save money easily for that until the target is reached. But if you spend that before that target is reached, you will make some wrong decisions. Keeping a clear goal in your mind will lead to more uniform decisions. You will most likely do more digging about every possible loss or profit.

More importantly, when you have a goal or a business idea, you will do more research on it and make a good idea about how it will work out in your favor. But if you drop the idea and suddenly jump onto some other small business, you won't do as well as you could have done with the original idea you had. If you make any huge losses on that small business, it could also affect your original idea in the future.

So I think prioritizing the main goal first and saving to reach $20,000 first will be the best option. But that all depends on you. If you can profit from the small business and then carry on to your main idea with that, then that could be a great thing. But do the same thing you would do with your original idea. Learn everything before jumping into it.

It really depend on you also on what type of business you are into. There are business that you can compromise on other things so that the cost will be lower but upgrade the things you compromised after your business grows. Another thing is the experience you have, if it's your first business, first option would be your best choice in my opinion given that first businesses doesn't succeed or grow as much as you expected. It's the experience what's important in growing a business. You also don't need to go all-in in your first business as it is your first business and you will encounter a lot of problem on your way.

If you have an experience and you know yourself that the business you are launching has a high chance of growing and the budget is strict in to that range, go choose the second option. There's a lot of factor in your scenario and only you can indicate what will be your next move.

If you are really that in the verge on choosing whether you would be saving up more or would really be engaging on some business then it would really be definitely be that depending on you. So the main question is;

How long you've been able to save up that $15000? It would reflect out on how long you would really be able to get that another 5k.
Can you really that take up risks on running a business and make use that 15k as a capital and earning 5k with it?

Dont make yourself in a rush and its up to you on trying out to scale out on which method you would really be that able to see that it would really be a viable thing to be done.
We do know that not all are risks takers and love on doing on the much lesser risky kind of method. All of us doesnt really want to lose up money but in order for you to
have those kind of advantages then you would really be needing to act fast so that you wont really be finding  yourself that getting behind specially
if you are really that aiming for some opportunities that you might encounter along the way.

If you have been saving for such a long time to get to $15000 then why stop or giveup now when you can see the finish line ???

Besides if you change plans in the middle of a mission then am affraid that the long term business plan you have had for a long time might fail too as you can't stick to the initial one !!

Btw if you are short by $5000 then you can keep saving till you have the full amount as you have planned for this and know how long it took you to get here and you won't play around with the business once it takesoff....so I would keep saving to avoid changing my investment plans.

I chose to keep the $15,000. It is very risky to put into any investment. That's your dream, don't risk that $15,000 on a stupid move.
When you are tempted to invest with big profits, from there your mentality will be damaged and this will result in loss of funds. Save and wait for your remaining $5000 to start your dream business.
If you want to invest in Bitcoin, do it with money that you are willing to accept if that money decreases in value. because Bitcoin can rise rapidly or fall drastically. However, in the long term Bitcoin will always rise.

The plan is to start a certain kind of business, a dream business as you say. For that plan or that dream business to be achieved, the amount needed is $20,000. You are already on track to finally succeed as planned. You're almost there. I now wonder why do you have to change direction all of a sudden? If the plan remains perfect, why do you have to swerve?

I would consider the other option only if I found out that there's something significantly wrong with the plan and that it probably won't work out in the end, or perhaps if I realized that I actually don't like the idea or the business. But if these aren't factors, I'd certainly stick to the plan.

Basically we have to take into account the rewards and risks ahead, so that if something bad happens this doesn't cause deep disappointment. on the other hand, by having knowledge in advance about what we are going to invest in, it can make us control the risk, what happens a lot is that they invest only oriented towards profit which is very comfortable to imagine

Before taking steps to invest, we will really look at various things depending on our needs, whether the money we have has fulfilled all our needs or not and if we still cannot meet our own needs, it would be better to postpone investing. In making an investment, we need to have knowledge about the investment we are going to carry out and we must really understand the risk of failure, we need to be able to overcome it. I agree with you, maybe there are some people who want profits from investing, they don't think about the risks if their investment fails.

For point 1, before starting the business world you must have important steps that you must take, namely making a strong business plan. A business plan is not just about profits, but also about a deep understanding of the target market that we see among the communities competing to market our products. If you want to start a business but don't have any experience, don't start immediately with a lot of capital, that's very dangerous for you, start first with relatively small capital. If the profits are small, that's okay, the important thing is that you can learn business while practicing directly. In my opinion, there are several important points in starting your first business.
1. Cheap capital (packing costs, raw materials, tent costs, etc.)
2. Look for products that are easily accessible to lower or middle class people.
3. Simple in working system.

For point 2, if we save our money in the bank it is good while doing other work, but saving in the bank will not make our money increase but will reduce our money, there are fees we have to pay, for example bank administration and bank card registration. Your money would be better if you invested a few percent of your living needs. Save your money to start a small business such as selling credit, selling fruit juice and drinks like McDonald's and other products.

If that $15k is truly money dedicated to starting a business, there's no harm in investing it first in an asset like bitcoin or another business. Indeed, this will have risks that can reduce or even eliminate all the money you have, but the opportunity to increase that money will definitely still be there too. So even though there are risks, you still have hope that your money can increase. However, for example, you want to avoid risks so that your money remains intact. Maybe earning some extra money first is the right thing to do. Because if you or your friends really want to achieve the desired business goals, then being patient until you have sufficient funds is the right thing.

Especially if the circumstances are very supportive. Like still having a permanent job which will definitely make it easier to collect money. So being patient is the right thing. However, if for example the conditions are not favorable, for example finding additional money to start a business is very difficult. Maybe changing the business plan is the right thing to do. Like the first point you wrote, the point is to invest or create an affordable business with $15k capital.

So think again carefully, in terms of circumstances, and the desires you want to achieve. Are you able to be patient to survive and achieve these (business) goals, or not.

Regardless of the situation, we cannot invest money that we might use for other things, it is quite risky because of course we will rush and panic when what we plan does not match what happens.
But apart from that, the money we save will never become anything and all investments have the possibility of profits that are worth the risk, so I think we have to dare to try something to achieve the possibility.
And regarding studying before investing, of course that is the first thing that needs to be done, we cannot possibly invest in things we don't understand.

Got frustrated later when their investment planning not match with result or profitable expected, this important thing about management risk, have knowledge until marketing knowledge with business start. Important part when investing in some business we have to know about business kinds we want to invest and don't put or invest with anything we don't know.
Talking about capital in investment depend with our knowledge how much can manage it, if still lower budget keep give profitable its not matter have push with huger fund for investing but keep in the good control when start investing in some business, know first of business or investing is most important before taking action with investment later.

If getting the complete 20k will stress me to raise up I will just start the business with the 15k, though it depends on the kind of business and doesn't necessarily mean that one have to gather up 20k to start up. In business it is best when people start with the amount they can afford as the business grows one can decide to pump in money in it to expand the business. The important thing one needs to do when starting a business is to make sure that it is a business that one have the understanding of managing it because every business has it own risk.

Even learning is not enough for just 1 or 2 days and there are so many things that are related to each other. Of course studying business, investing in crypto or outside of crypto has basic things, but if you look at it, it will be much different.
Therefore, never dare to use money that is intended for your dream business with any investment. Keep saving until you can set up the business so that it runs and makes a profit. Invest in crypto or other investments once you have more money from the results of your business. That would be safer and more convenient to do.

In addition to parties, another way to connect with wealthy individuals is by socializing with them, establishing relationships, and gradually gaining their attention. Wealthy individuals, like everyone else, consistently evaluate existing opportunities, so they will always consider the progress of a previously undertaken project.

Indeed, investors always aim to be part of a business from its infancy, and market testing should have already taken place. They prefer businesses that have a higher likelihood of success.

Why not invest in real estate ?
From your writing,  it seems your friend already has a precise plan and business at heart so, if he is already tempted to invest thr money .aybe die to the fear of spending the money, then I would advice that he should simply buy a land since land is one investment that I know that it never depreciates but rather always appreciates with time and he could get land in a very promising  environment  and just relax and watch your wealth grow while you sleep or do other things and I've always been an advocate of multitasking and don't depend on your savings and I'm glad you even have savings, just go buy land or better keep saving and go for the business you already Intend.

I don't know if you have any digital skills,  then I will advice that you go acquire a digital skills and also watch more opportunities coming your way as the world is already digitalized.

This is an important point, whatever the circumstances, we don't need to rush in making decisions because something that is rushed will be detrimental later. However, before doing anything, be it business or investment, we must first understand the situation and conditions, we must make decisions with a mature mind.

Everything we want to achieve certainly has risks, so after we think carefully in making decisions for both business and investment, we have also taken all risks into account. Because the money you save will not increase, instead the money you have will experience inflation. To seek profits, you must be prepared for all the risks involved, of course, accompanied by sufficient knowledge and caution.

Knowledge is the source of all success. Without knowledge, all the decisions we take will not go well, we could even experience bankruptcy in business, and investments will suffer losses.

But do you think that interacting and establishing relationships with wealthy individuals is easy? We all know that our society has a class division, businessmen only make friends and socialize with businessmen, employees will hang out with employees...How many cases are there of rich people hanging out with poor people, sharing ideas of getting rich with each other? If you want to have a relationship with rich people, you must at least have money or some talent to attract their attention. Otherwise you are nothing in their eyes.

Honestly, with a capital of $20k and wanting to start a medium to large scale business is very difficult, it will go nowhere. So let's start step by step with the smallest and most suitable ideas for us.

I will prefer this option, because it is the safest and best option for one that wants to start big with $20k, if it happens that $15k wouldn't be enough to stand the business to what is expected. Since you said it is a long-term period of time, that I need to look for the balance, then I will prefer to use the $15k to invest in bitcoin, since the bull run is coming up soon. This will generate the balance of $5k that I will add up to start the business. Who knows I might even get more than $5k after I sell the bitcoin that I bought. As long as I have what gives me income, it is cool.

Actually, I don't know what type of business that you have in your mind, but it is better to make sure that you don't start up a business that will not be able to stand and yield good profit due to some unforeseen challenges that can occur when setting up the business. It is also better that you don't use all the $15k to put into the business that you want to manage, if not they business might fail, so you can use $11k and keep $4k for any obstacle that the business will face. I will rather just invest in bitcoin as my business and wait for one complete circle before taking profit because I know that there is no business that can give massive income compared to bitcoin investment and I will save my self the stress of insufficient funds and some unforeseen business challenges that I might encounter.

I think for this depends on what business you want to do because of course when talking about the nominal that must exist to create a business it is only a rough picture because in the end things like that can be more or less which is indeed it adjusts from the budget that we have.
As for the options available if you really want to run a business then I think there is nothing wrong if you continue but the scale is smaller than the business you want to cover because this also refers to capital or if you want to be safer then look for other additions so that we can meet the shortcomings of your business budgeting.
Doing it in Investment is good but we must realise that investment takes a little longer and investment is not just saving money and then a few days later getting a big profit.

you are only 25% away from your dream business, you should keep saving money till you achieve your goal. I am saying this because it is your dream business we are talking about and anything else you do won’t make you happy. It also depends on your financial skills. If you are an experienced investor, you may invest that $15k in various assets and wait for a while but since you are asking this question you are probably not an experienced investor. That means you should find a job and save money. I wouldn’t advise you to invest in alts too. Too risky. Maybe buy some high yield short term government bonds.

You can see the current condition of society and the world, everywhere we will hear lots of complaints about business stalling, economic growth stalling, many companies going bankrupt and so on, The current situation indicates that business actions are not profitable, on average they close and go out of business, this is a sign that whatever business you want to do is not good, with various factors, maybe waiting for the world economic situation to improve, it might be worth talking about a business with capital of $15k.

For me with a capital situation of $15k, if I consider turning around and improving the economy with existing capital, the consideration worth focusing on is investment, The meaning of the word investment is divided into two stages.
1. $7.5k for the crypto part and
2. $7.5k for physical parts, e.g. gold etc.

 With the two methods above in mind, I think it's the best decision with the current situation, who knows the crypto share of $7.5k could be double in the next year and likewise with gold in the following year it could be half of the capital, the profits that can be achieved, investment and business with the current situation make investment more convincing, that's my opinion.

In a situation were the $15,000 & the $20,000 has a potential to lost then it is better you start up somewhere investing with the $15,000 as long you don't have a prosperous assurance if investing with the $20,000 as the background of business fluctuates the one invested with the $15,000 could be a favourable one to your success besides... In an investment you maybe haven't had experience about but wishes to get into it, it is mostly advisable to start with a little tolerable capital if there is a crash possibly if going successful you can increase on your capital.

But if you must save the $15,000 while you awaits a long time to realize the $5,000 remaining in a very long time as you said, then I would advise you invest it on Bitcoin and with such a long time you would find every reasons to divert your thoughts of investing in other sectors to the Bitcoin investment because it is a system on digital trading system that if as much you can hold for a long time is how hug income you are potential to make.
So here you should understand that on the poses of saving your &15,000 til it yields you a $20,000 to start up your investment has then proffered you lucrative saving strategy and I bet you would have no other choice than not just saying you are saving your your money in Bitcoin but proudly to say you are investing on Bitcoin at it end long time you thought of withdrawing your money.
Good luck 🤞

Agreed, many things depends on the type of business. It would be easier if the OP could give an idea about that type. Normally we think that starting a business with 20k where someone can collect 15k by himself will not be difficult to collect another 5k. First he needs to understand how long he will have to wait to arrange 5k by himself. If it is long or time consuming then there are two ways to choose. Either he has to raise money from some other source or he has to wait. If he wants to do business, he must take a quick decision otherwise someone else may start the business in his place. So I think if he can arrange that money from somewhere else that might be a good option.

To me it's best you save!
It's the person's dream business we are talking about here and out of $20,000 you got $15,000.a tendency your dream business achievement is becoming a realistic form.

Just so you know you might as well invest and mind you your returns might be for a longer period but as pertaining when you need the remaining it's preferably advice you  save up and find other means to raise the complete figures to go about the business.

Building a business requires determining planning, targets and time, even if you have large capital without business management knowledge you will experience large losses. Don't rush into deciding to start a business because you have to review the market potential according to your type of business. However, instead of the first option, there is the potential for a large loss of up to $15k if we experience it if we mismanage our business investments, considering that the impact of the loss is very large, we have to switch to the second option, even though the $15k is not used. to invest so as not to impact the loss factor, we only need to do a new job to collect the remaining 5k in a year, perhaps that is the most effective suggestion to mention the target to be achieved.

If I had the capital of 20k dollars,the first thing was invest of the 10k in the bitcoin.Because at the mature period now,nearly five years up to the old pump.So many old trader in the forum was mention of the new all time high.So it had huge value,the bitcoin will give the good profit next year.The balance 10k dollars can be filled with the Ethereum for the 5k dollars.The Ethereum also reach the 3k dollars at the time of bitcoin all time high.Balance 5k can be split in the BNB,Solana,Ripple,ADA and Matic.

Saving would really be the less risky part rather than on investing it but it would really be that be slow compared if you are trying out to put it up on some investment but if you do saw that the saving pace isnt really that
slow because you do know on how to save up and reach out that another 5k then it would really be that ideal that it would be better that you should really wait for things to be intact. We do know investing or
making some business would really be that so risky and its not something that would really be that recommended considering about the risks but if you do want to fasten things up and could possibly be able to
make money or profit which is more than on what you do need then business or investment could really give out that kind of opportunity.

If you are in a rush phase then this one isnt really that something that applicable yet knowing that $10k investments which making up some gain even on 10% movement
isnt something that we could really easily see today considering about the price movement on which it would really be just testing out your patience and wont really be
that able to see it as a good option for you to take because lets say it is really that quite so slow.

I won't do this because I have bad experience from doing exactly what this is advising. When you want to start a business and have already started saving towards that business, stick to that business because you would have done your research without any biased judgement and have seen the pros and cons of the business before you took your decision to start it. When you leave that business for a plan B, it usually doesn't work out well because that wasn't your first choice and your mind will always be on the first business. It's only on rare occasion would you fall in love with that second option that you just taught about as the first business isn't available for you to start. The potential of you losing everything is high and it doesn't make any sense to take such risk when you could have easily done the second option of looking for money to complete the capital for the business.


This is the simplest and smartest thing to do. You have already raised 75% of the capital you needed to start the business why not continue, what's stopping you. With that amount you could get support from your love ones to complete the money because they'll see your determination to start the business or go to the bank to get a loan. In this case asking for a loan is for a greater good and you're not borrowing to waste on liability but for Investment that can yeild good returns for you to pay back the loan and interest. If you still don't what to do any of those then you can hustle for the money by working and you'll get more fulfilment when you achieve the full sum that you'll be so invested in starting the business.

It is best to start a business when you already have more than enough money. If you have only $15k and the required capital is $20k, you'd better prepare $30-40k before you start. Why? That $10-20k excess is for your backup money and for additional expenses. Also, you must anticipate the situation that your business may not give you profit right away but the expenses continue so there still be money reserved for that. You'd better continue working and find another business type that suits your savings.

Why should you wait until you have enough money to start a business, $15,000 is not a bad amount if the amount you need is $20,000. To avoid much bigger risks that could threaten the entire value of the money you have prepared for business capital, $15,000 is enough as an initial step to start a business.
This situation depends on your financial condition. If you feel you will be able to cover the shortfall in the near future, there is no problem waiting until the amount of money reaches $20,000. Your decision really determines your financial condition for the future, start something that can provide easy income for you without having to delay until the targeted amount of capital is sufficient.

I'll give you a practical life reply from my end. I also do have a dream business I have placed in mind to run from since I was in college it's a rental business enterprise but I haven't been able to start it because of other responsibilities taking up the monies that come in handy and other projects I have and hopefully to complete in short time. But if am to have about 80% of the amount needed to start the business I won't hesitate starting it at least from somewhere.

 It's a dream business doesn't mean it must start big, because it's a dream because that's why it has to start anyway be it from small your passion and determination towards the business based on your dream for it will propel you to build it bigger even with that amount of $15k you mustn't wait till you've gotten the $20k or you may end up waiting forever and if life happens other circumstances beyond your control might waste that $15k from your hand while waiting to make it $20k.

Every business has its own peculiar associated risks and drawbacks which may take passion and love for the business from you to withstand and face those risks even when all seems not to be going well. But when running a business you never intended to but doing it as an option you're bound to easily fall on the way side when the business faces tough challenges that threatens it's survival. So instead of starting some other small business rather start the business of your dream in a small way with the available amount.


Don't  keep the $15k just start it. You will be wasting time and time is money.

$15,000 is 75% of $20,000, it's a lot of money and it would take me some time to save up to that amount. If I'm not sure of the investment, I will not hastily commit $15,000 into a smaller business with the hope of turning it to $20k as many things could go wrong, I could lose my savings and I may not be able to save up to that amount again. So I would take my time to evaluate the business if it's genuine, profiting and worth investing. If it is, I might take my chances but if it's not, I would rather keep saving until it gets to $20k and use it for my dream business.

Keeping that amount these days is likely to lessen its value due to the inflation that happens left and right and to the most countries.

I'll put it on a business or will do a rental business and will be putting that into renovation so that it will make me money. It won't be affected by inflation, I get my rental property appreciation due to the renovation.

And making passive income out of it will be easier. If $10k is doable then I'll take the $5k to save just for the save emergency fund or as an extra if there will be more expenses.

I wouldn't put it all in as I will still save some for myself.

As always expenses rises due to inflations so keep your money in the bank with the low APY percentage is not ideal try to make a circulation the money, you don't need a large amount to start a business or make an investment as long as you know what you are doing and you can manage your money easily its good, life is full of risk, people say that get out with your comfort zone there's no person getting rich in working 8 hours a day than making a business and gains a lot of more every day than you are earning per day. Ideal to do the 50-20-30 ration in investment, savings and needs so you don't need to worry about too much in your money. Its hard to spend a lot now.

Taking a loan amounting to $5k is actually not bad if you have a stable job to pay for it. But if you have low income paying job, then don't bother to do that. It will only add more risk to your future investment.

However, given on the choices, I need to be practical this time and just keep the $15k while I'm busy finding additional job that will give me extra income. That way, I know my $15k will never be at loss and will always be fixed, while earning more from a new job that will complete my investment capital.

Maybe we should make the difference clear from this point, in you Invested then you have just automatically safe up, but what makes it a savings is the kind of what you have invested, you cannot be dealing with altcoins and keep accumulating them for an investment and expect all things to be equal, the way we take risk also should be considered if truly they are worth going for, our investment will never be a waste only when we made the right decision, every other things comes after the risk taken for an investment.

Most of us hope to have large initial capital to start a business, but we have to understand that if we are new and starting a business then the best thing is to start with small capital, if we already have experience and business prospects are very promising then we can get capital large ones by borrowing or creating shares so that it can be easier to convince investors.

Usually in the Bank not have bigger loan interested depend with loan period, but to start business with small fund I don't think effective and difficult to earn much profitable later. Its not problem with large amount to start business if have knowledge and understood well with marketing system, if not not have capacity for building bigger business I don't see have good ideas with large fund and better with small fund as first experienced when building one business.
Build up some business I don't think have limit time for operating, depend with costumer needed and how effective operation should above 8 hours or have to operate 24 hours.

If you have a business idea that has the potential to grow in a year or two, you should go for it. You have $15k saving, take a bank loan of $5k (bank loan go hand in hand with the business) and starts the business. This way, you will fully concentrate on your business and might end up securing more investments from the business community.

Other options are not viable, in my opinion. You have to work for, you don't know how long, to generate that extra $5k to start a business, and in the meanwhile, someone else might have started working on your idea (or a similar idea). You could potentially lose a chance to make millions. So, get a bank loan and start your business right away.

When I first started, I liked the idea of a small business rather than doing something big. That's too risky because business is like investing, we won't be able to predict what will happen in the future. Even if we have a unique idea and a perfect plan, as long as we haven't implemented it and don't know how people will react, we can't be sure of anything. Let's start small and if everything goes as expected, we can scale according to customer demand growth. Don't be greedy and naive in thinking that the bigger the business you start, the bigger and easier the profits will be.

Indeed, there is no harm in starting a business with small capital as long as the business can run quite well, because there are many businesses that fail to develop with small capital after running for several months. Every business will definitely have competition so business owners must also research this while keeping their business running well, meaning that support with large capital will actually help a business to develop more quickly if the business owner has better knowledge about marketing.

Capital loans to run a business are good, but this also does not guarantee that a business can immediately progress even though the owner already has a lot of experience in the business field. Because directly he has to comply with the loan rules which basically must always be repaid every month so that the business owner must be able to stimulate better sales every month because he has been pressured by the capital loan by continuing to fight market conditions which often change uncertainly.

And most importantly I think that no matter how big your business is and no matter how small your business is it will not succeed if you do not have the knowledge to manage it at all, so that means that the role of good and correct management is very important here, none other than this knowledge is only so that your business runs smoothly and in accordance with your future targets. Of course, it is not uncommon for us to see that many businesses collapse halfway, or that means they fail during the process, honestly I will not overemphasize that the point of error is in your small capital, but back again do you have enough knowledge and knowledge to manage it? In addition, as you said business competition today is getting tougher, many competitors are superior to the breakthroughs they have, so if you do not have any preparation or even basic planning then I think you will only waste time and money.

That's right, in terms of capital, it won't be too difficult now because there are many agencies that provide loans or you can borrow from several banks. Of course, this can't guarantee whether you will be successful in business by bringing that big capital or vice versa, no one knows. Therefore, as I said above, the problem of capital may not be too fully influential on business development, unless you have extensive knowledge related to the field you are going to run and that is management. So the point is if you have enough knowledge and extensive knowledge then whatever capital you bring I think it will be able to run well because you already know how to manage it.

I am starting to see people in almost everywhere feeling that it's no use or they're wasting time if they'll just keeping it without earning from it. And thanks to those motivational and financial gurus who have been saying about "let your money work for you" thing.
I guess that really had contributed a lot to the decisions of many these days. We're not financially really good but we're realizing how tough life is and that's making us to do things that seems to be right in terms of handling finances.

Any loan at the very beginning can greatly affect you emotionally when you have to face difficulties that always happen unexpectedly. Therefore, I believe that it would be reasonable to start with those funds that are available. You may have to somehow adjust your plans, save somewhere, but start without a loan and start now.

There may be an option to borrow the missing amount from your parents or friends for a short period in order to repay them with the first profit. I always believe that we should strive to minimize risks, whether it is in business, investing or anything else, because sometimes unforeseen circumstances can arise that can cause a lot of problems, and often these are financial needs.

the situation you describe never ends the same for everyone, there are those who have a stable mentality in business, there are those who are just trying to become businesspeople and there are those who think that business is a quick thing to make money, for me personally business is very complex, even though if i have $20k, it's not easy to use it wisely, especially now that the economy is difficult and most people are holding onto their money.  If i were in your friend's position, i would "save" the money first while observing economic developments in the surrounding area or world, because there are many things that influence people's purchasing power, however, if people's purchasing power is weak then the investment you make will be difficult to generate profits.

In case you are working to open your dream business and the 20,000 USD is mandatory, then I would definitely keep saving. Why risk your business to fail at the start, because you couldn't wait another few month? Assuming that you put in a lot of work to do the necessary research and that there is no time issue that requires you to act today, I don't see any issue saving a little longer. The only issue would be if you need to act today. For example, you need to the 20k USD for a franchise license and you have the perfect location that could be taken by someone else if you don't buy it today. In such a scenario I would ask my friends and family to lend me the remaining money. If 10 people give you 500 USD each than it's already enough. And if you tell your family and friends about your dream business they are going to help. Paying that money back after a year or two should be no issue with a successful business. Good luck on your business and I hope everything works out.

The problem is that when we start investing, we must realize that it is not for a short time because investment is definitely a longer term goal than we imagine so when you have money and the goal is to do business, it cannot be used as a tool for investment before you start doing business. If you are investing then your goal in doing business must be changed to become an investor because in the end this will affect your goals when investing.
Indeed, saving money in investment will be very good especially if the investment we do is something that is very feasible like bitcoin but it takes a long time and effort can not just save today and take it tomorrow with profit because the concept investment is not like that.

In my opinion, its better to start a smaller business, since I see a lot of businesses fail so it doesnt matter in my opinion how much your capital is you could still fail what ever capital you going to use, it is just a matter of how your going to execute it etc. So probably better to start at somehow most small capital like only 1k$ capital try a small business if it is really going to work, for sure it is not something like a big business probably going to be an online product thing only, or just a clothing brand.

What I mean is its not that easy to start a business there are also luck involved, so start at a very small one so that if you fail you could easily recover from it, then if you get lucky that business is going to be be big no matter what if the consumer like your product. So no need to save or invest you could always start at small capital, just do not gamble everything always have something on your investment and saving incase you fail you can easily recover from it.

I never thought of taking loans to be a possible solution as in OP but, I do think it could help in cases where you’re almost 99% certain of sales and consistent returns on your investment.
I’ve had someone try out a business with over $20k of loaned money and have been able to repay that loan in less than 10years but the trick was, this individual ram a franchise and had the company aid in ensuring he fully separated his needs from the company’s capital and a greater percentage of the generated profit was reinvested in the business as well as a periodic payment of the loaned amount.

Hence, if the business idea is one that is sure not to fail, taking of loan isn’t that bad and you can get partnership and sponsors to scale you through the time you would have needed to wait on generating funds.

That's the risk of having a business. It still has the same risk with $20k, $15k etc. The only thing that matters is you and your friend management skill doing the business. I'd prefer the 1st one, although it's not something that you want to for the first time but it's better to grow from small business until you can develop more. It will still have potential of falling unlike the 2nd option where you just save and save without any potential income.

Lack of confidence is not good. In all that we do, we should always be confident that we can do it. So, what if we will fall? It's normal especially if we are only a beginner. Some task are known to be risky, so before we do it, it's also better to prepare and equipped our selves with knowledge first. If it involves money, it can help us to lose less. To work part-time is not a bad idea. Apart from gaining an experience, it can give us more flexibility to do other things which can be more important.

We can see the balance but you mean, it's easy to calculate the possible profits that we can get? This is wrong. We shouldn't count the chicken if the eggs are not hatched yet.

I would guess even if you fail, you just spend a small amount and learned something. No matter how badly you fail, you learn something so that means next time you do something you are going to be able to say that you did better than you expected. That's an important thing and should not be all that weird.

I personally believe that the best thing to do would be making sure that you are doing better than you possibly expect, and it means that you are going to end up with a return that would be great. I understand you can't always have some small capital, but anytime you have it, you could try a business and each time you fail you learn something and you won't repeat that again in the future, that's a good thing to improve.

Make a plan better and ensure have enough capital to start, not just only we have the minimum amount. Don't rush mate, better to set it aside and add more. The other option may be to start a business that only requires small capital but is profitable. Don't think about failure when doing business but instead, make a plan to become successful because the moment that you think negatively, that will also lead to uncertainties and easily give up when difficulties come.

Failing is not normal if we really are doing and planning it well. Of course, there is dedication in both parties and optimism.

I choose this one.


If there is  really a good way to increase the amount and I am knowledgeable about that way then why not?  Sometimes it is better to try smaller business to test if we have a knack for it than jumping into a larger business only to find out that we don't have the talent needed to manage it.



There should be an excess fund especially when the business have people to pay.  The first months to years of a business may not be profitable so we need an extra fund for the business sustenance on its first two years in order for the business operation to be smooth.

     The question is, where do you save your money or capital? In the bank or business? Is it faster to make a profit so that we can have savings for the future? Isn't it faster to have savings if we use our money for investments? Where are we going to get our savings? These are just a few of my questions.

     If I just put my money in the bank, I won't do that; my money will just sleep there for sure; it's 1% per year. I won't feel that. Instead of doing that, if I am here in the crypto space, I will use my capital here instead of any investment scheme or bank. At least here in the crypto business, I know the ecosystem that is happening here.

The decision process may actually vary depending on the earnings and growth potential of the targeted business. If the main target, which is the growth of the business is a process that will take time but provides earning potential, the missing amount can be completed with debt without applying both options and the business can start operating as soon as possible. Although this option doesn't seem to make much sense at the moment due to debt interest rates. It would be a good option to speed up the process depending on the earning potential of the business.

On the other hand, if it is possible to quickly amortize the investment made with existing capital a smaller business can be established beforehand and capital can be collected for the planned business with the income obtained from this business. Additionally, depending on the earning potential of this small business additional capital can be obtained by selling the small business after the establishment of the planned business.

Why would that be the only choice though? If I had that opportunity, I would invest that 15k in something that generates me a passive income and I get to keep doing my day job knowing that I don't have to worry about living paycheck to paycheck. Saving isn't really the best option because that means that the money would be stagnant unlike investing where if the investment that you've got is like a blue chip, you can expect a return albeit it depends on what investment you've put that money on.

Investing the money is not a bad idea but due to the short period of time might be problem. Because when it comes to business, you dont do it in a haste knowing that any slight mistake or miscalculation might crash the business. And like you said that the business is a 50/50 business, scince the success of the business depends on the nature, type and how well you managed the business. If so I wouldn't suggest you go into the business because that your frined seems to be the first time he wants to go into a business so he dont have much idea unless he has been into business previously and he knows the business that he would that will profit him asap.

As long as he has  a means of taking care of his expenses then waiting wouldn't be the worst idea either. But this depends on where you store you money. Because inflation increases more and more so scince its your holding it for a long time the value of the $15000 you saved might  go down drastically and by so doing the thing you needed to use the money for might get high which means you can do it if you dont have more than enough during those holding period.

This is a very common question and it is no longer a secret that money brought into investment will provide benefits to the owner of the money if the investment is good and profitable enough. Because everyone already knows after seeing more examples that saving money will not give them more money but only the amount they save. So the investment option at this time is still a pretty good choice because every year the number of people who become investors is also increasing because they know that investing is a good job to get profits from the money they have.

Use it if you already know more about the ecosystem through the crypto business and don't forget that you also have to understand the risks because often people who are too enthusiastic about the crypto business ignore the risks that can arise through the crypto business. Because you dare to seek profit through the crypto business you also have to be brave enough to face the risks involved, while saving money in the bank is clearly not for profit, other than just looking for security with very little risk.

It is quite eazy to go along with the plans of creating a business, it is not a must to have the total amount before building an investment that will profit you, however, there are other business men and women that doesn't have even up to $10k but still there businesses are doing well, it is better to make a move with the little that you have instead of seating down and procrastinating.

It is better to use the ones you have to start your own business than to borrow money to start a new business, businesses are not guaranteed to be profited all the times, mostly new businesses don't bring profits at first, people will like to know the kind of service you offer, but if you want to be profited in business you must have to be doing promos all the time as the business is just a fresh business.

Yes, if profits are not coming from any business we do, that means the business plans are not properly arranged, but however, before starting a business, you must have the mind to risk the money you have.

Keeping the $15k to do other jobs might be okay but what I have to say is that, we must start from somewhere if we are really serious about what we want to do.

However, I believe you have gotten enough answers to your question, so using one of these answers that's provided above will help in such situations.

OP, the subject you mentioned here is mainly about business, and you also discussed here that you failed in the business area. I see you started business with lots of money and failed there only because of your lack of knowledge. Since you have a lot of money, if you invest it well, it will never be a loss. Also, your biggest risk here is your lack of experience, if you had better knowledge, you would never have taken such a big risk and failed. Also, if you want to gain experience, then definitely keep working slowly and keep doing business. First of all a person does not have experience in that business, if he works slowly his experience increases, and he does not fail in the future. So I think if you start the business with small amount of money and increase the amount of money when you get experience in the business field. It will be profitable for you to invest this extra amount of your money when you are a well-informed and experienced and skilled trader.

While both of your proposals make good sense and are actually good ideas, I'd go for the second one in this context. Starting a business by accumulating debt to make up for the missing amount needed to launch the business is never a good idea, specially since we are talking about a start up business wherein the earnings and growth potential is still unknown. Now you may argue that we can predict it based on research and asssessment but that will be another risk that will be on top of accumulating debt. Instead of having to rely on debt for the missing amount, why not find someone that will be willing to invest on the target business? With this option we wouldn't have to owe someone anything to launch the business but instead have an investor.

While of course this is just my opinion, I'd love to hear your take on this.

I say you do both and divide the assets into appropriately-sized portions depending on your risk appetite and how well you’re able to win investments. 60/40 in favor pf saving money if you’re someone who’s a little too scared to invest still in the world of cryptocurrencies or any form of asset for that matter, and then just tweak that depending on ur preferences. In cases like these I don’t really suggest pushing for a one option only route since it shuts you off to the benefit of the other when you can easily take in both and maximize your profit potentialby a large margin. False dichotomies like these stunt your growth as a crypto investor, you should onow that by now.

I’d say invest a portion of it to another investment in which you can assure profit or atleast will be less risky. I won’t suggest pushing the amount to your dream business especially if the $20k assumption has its substance or basis. Saving it up would also be a good thing to so especially if you know to yourself that you can atleast maintain the amount for a long perood of time and won’t be tempted to use it to other things. Investing some of it in this industry would be good but always gauge the risk given that no one knows when will recovery take place if ever a sudden dump will happen. It simply  depends on your circumstances and capabilities as an individual. Forcing things won’t do you any good so better stick to your plan unless necessary of if you would have better options.

Also, with your dream business, always check its potential qhich is changing over years. Perhaps with saving;it’ll take some time and once you reach the target amount, would it still be good to actualize your dream business?

Option number 2 is actually also risky because of inflation. That is when the $15,000 is saved for a long period of time and we try to earn income until we have an additional $5,000 to cover the shortfall so that the amount becomes $20k. then I don't think this is true. Because when we have managed to collect $20k then it could be that at that time to start a business it won't be enough with just $20k because of the decline in the value of the currency or because of inflation which makes everything rise drastically. So if you start a business with $20k now, it's not certain that next year $20k will be enough to start the same business.

So using the $15k to invest in a smaller business would probably be much better. Everything is risky but behind the risk there is always the potential for profit.

It can be hard to find passive income if you invest that $15k wholly. It could be from interest deposits of platforms but there's the risk that you'll take from there. But if you have an idea of where you'll put that safely, that's so much better. That's actually the best life when you've got passive income and you have your salary from your day job.

And don't forget about the inflation. When you put your money in savings and there's inflation, the interest rate that you'll earn from that deposit won't even be enough to cover the cost of inflation and that's why it is not the best option. It will only be the best option if you are going to treat that money as preserved for some unexpected events.

Getting some partnership just to patch up to those amount that you are lacking wont really be that a bad idea if you are really that in a hurry on building or launching up such business on which you could really be possibly be able to get some possible partners in business but it would really be entirely be depending on the business idea since not all would really be that just simply agreeing on funding up some business or having partnerships on something which turns out to be that not that in demand or the interest is really that low. Investors or business partners wont really be that too dumb not to make out some studies first before putting up their money into some business with along with other co-business or investors and on the other hand on which there are people who dont really like on making partnerships or corporations but rather they would really be that preferring on being sole proprietors rather than on having multiple-owners on which i could say that it do really give out some headaches on some matters and this is what i could say basing up with real experience. This is why it would really be that always important that you should really know on how to make yourself that handle when it comes to this aspect and never ever make yourself do make out rush decisions because we know that capital or
money isnt something that easy to provide. Basing up on the situation above then its better to avoid loan or borrowing money and if partnership isnt your genre then better to save up and wait for the right time.

When you are determined to do something, the hurdles that come in the way won't make you lose focus, so no matter what you are doing on the way to make things work better, your eyes will always be on the destination. So, if you have a goal to start a particular business but you lack the budget, you can always work your way up there and I don't think that the works or small businesses that you do would make you forget your actual goal or target.

The priority should always be the main goal, but to reach that target, one might need to go through a lot of things, and as you said, if one knows that they can actually make things work if they venture into things that will help them reach their goal, they should definitely go for it but only if they know they won't mess things up.

Depends on the goal of OP. If he targets to multiply the money, then OP needs to put the money in the business field that possibly earn good profits. But if OP only wants to secure their money, save the money on the reputable banks isn't a bad idea.

As far as I understand what OP stated, he still couldn't start his dream business because he needs more money (about $5,000). OP can collect more money from his jobs gradually, he has the option to keep his current funds only. But if he is brave enough, he can use the current funds to get more money. It depends on what OP is more interested to do.

Don't forget to consider the risk, dude!
You put your money in banks or in gold, will be more secure than you invest in crypto coins. Crypto coins have high volatility in the values, it is not secure enough if OP wants to take the money at any time. But if OP wants to put the money on crypto coins for few years, it is okay to choose crypto coins. However, make sure that OP knows well crypto investment and how the market works!

having passive income is awesome but don't forget getting one is rather difficult, even those bluechip stocks aren't a guarantee that it will turns out as you expected instead it might be decreasing in term of value therefore lowering your capital.
I personally always try to find passive income but man, the only passive income thats worth it is when you have at least more than $100k invested and then we're talking, less than that basically you're just wasting your time and money.
nowadays big capital comes with many advantage that smaller capitals don't have.

Passive income is what we are all looking for, but how to create passive income, not too many people can do it. If you had $15k, where would you invest it for passive income? What is your plan because it is easy to say but not easy to do? Furthermore, investing is always risky and if you only have $15k as your only savings, are you willing to lose it to invest because there is no investment without risk. One more thing, what will you do in an emergency if you have no savings because life is always full of surprises? That's why saving is something everyone should have.

I'd like to take the safe side and that is to keep the $15k while doing other works to reach the required amount for my dream business. It might take a long period as you've said, but I think there's also other way to maximize the profit, right? Don't stick to just one work, look for a side hustle or other opportunities so it will not take a long time to fill the required amount.

Because using your $15k for small business is a risky thing to do. The returns are not guaranteed therefore if the result is worse, it's like you just wasted your money and of course your effort to save such amount just to build your dream business. Well anyway, if you're prepared for the outcome regardless if you profit or not, then go for it. In the end, it depends on the person's guts and determination. The saying "no pain, no gain" is suited if you'll take risk.

The question is, doesn't a business that requires $20,000 in capital also have a chance of failure? because in my opinion all businesses have the same chance of loss and profit, so it's not just businesses with smaller capital that will have the opportunity to lose.
If you don't feel comfortable choosing the first option then the second option should be the one you choose because forcing you to keep starting a smaller business but you know you have a chance of losing will probably lead you to regret, whereas if you force yourself to stay with a $20,000 business but borrowing the shortfall is not recommended. because you will be under pressure to make profits quickly so you can immediately pay off your debts

But do you think inflation could increase so quickly that his $20k would instantly lose value? If he can work hard for 1 year to earn an extra 5 thousand dollars, do you think inflation within 1 year will cause the value of 20 thousand dollars to decrease significantly?

$15k is too little to start a business because you not only use it to open the business but also need to have calculations such as capital reserves to maintain the business as well as additional expenses. For me, starting a business with only 15k USD is really risky, we will even lose money quickly before thinking about profits.

It totally depends on the situation and the condition of your friend at the moment. If he is doing okay, has a job that covers almost all the expenses he has, and can do a bit of saving every month, I would obviously suggest that he waits until he has the complete budget to start his dream business because he probably has been planning it for quite some time and when you do something that you are interested in, you put in all your efforts to make it successful.

However, if he is having difficulties with his income and wants to do something of his own as soon as possible, maybe he should go with option one where he would start a smaller business until he earns enough to start his dream business but that would obviously take more time, and it also depends if he has enough confidence that he can actually do something that will earn him money and won't waste his savings on it without getting anything.

Agree. For example, if we try to relate it to market conditions that still have the potential to decline/correct. Personally, in this case, I just choose the second option because the financial losses that might occur during trading will be real if you cannot control your emotions and usually there is something called an argument that should have been on this item first, not that. .. and others, blah, blah, blah.. But, I also try to have a net profit at the end of all this and go back into the market to buy BTC if the timing is right.

The partnership may fill financial shortages, but it's complicated.

Investors are strategists, analysts, and skeptics. Market research is their deepest plunge to ensure their money will grow, not wither and perish. Sole proprietorship gives us complete authority and decision-making power, but does it insulate us from partnership wisdom?

Your stories vividly depict corporate struggles. Capital must be used properly, cautiously, and at the correct time. The right time? When does the market ripen or when does preparation meet opportunity?

When you treat small and big things the same way, you can achieve success in both of them. But if you treat one with less concentration and other with higher concentration, the ones that you pay more attention will be more successful. So when you want to build things up from the ground, and do it little by little, you must focus on both of them with same kind of importance.
As I said on my previous reply, it is not bad to start small but the goal you have in mind will always be prioritise. So when starting small prioritise it the same way you would have done with your main goal. And that's the key to the success.

Well, starting a business is very hard and requires a lot of funds, but in your case, your business needs $20k and you have only 15k arrangements. So let's see my opinion. When you keep your $15k fund in your wallet and wait for another coming fund to add them and start a business, It's a totally flop idea and you would lose all your money because you have no idea how businessmen man do business. The businessman did not keep their money in their wallet but rather īnvest it and earned profits, in another case when you keep your money may be an emergency will out and you need that money and all the investment will gone so it better from being wasted your invest it, to that time it will give their more profits then, laying down in the banks acvounts.

The business doesn't have to set a round capital of $20K, it can also be smaller than that, even from $5K to $10K, you can start it. Why do you have to set capital that can be said to be large, I have no other choice but to run the business with minimal capital and Even so, what are our skills in marketing the business we are running? Do we understand the business we are running? If someone wants to start a business, they definitely already know what the profits from their business will be.

The second option is to save $15K, actually it depends on you, whether you want to be more economical and have more capital by working first, but people who are determined will definitely do something with whatever capital they have, but the risk issue is definitely yours, but they will think about management. .

It's an incomplete and poorly thought out equation. Either the start up capital required is 20k or it can be trialed with a lower amount. If you need a license that costs $15k for example and then $5k to build a website, you simply would not be able to launch it without the remaining amount anyway. If you can partially launch the project, taking a few steps towards the end goal you're trying to achieve, it could be good to get started straight away. You'll often find that businesses take a year or two to start developing anyway, so it's better to put roots down earlier. You may also find that spending the $15k gives you a good idea of profitability which might save the remaining 5k input from being wasted or give you an idea of the return it will actually make if invested later.

Many still believe that the wealthy can easily profit due to their financial advantage, while the poor face difficulty ascending to wealth due to limited resources. I disagree with this notion, and I'd like to explain that money isn't everything.

The most crucial factor indeed is passive income, but to reach that point, one must possess an extraordinary mindset capable of managing any amount of money to ensure continuous growth. The world's richest individuals may indeed have better privileges, but they can still find the best path to grow $100 into a larger sum over time.

Before becoming obsessed with substantial capital, it's advisable to upgrade our thinking abilities in expanding money into more. And, of course, not through gambling.

You can try to find a loan. If you do not have enough capital for the business you want to do, do not risk your capital by doing another business. Wait a little longer if necessary, but do the work you want to do. But as I said at the beginning, if you believe that your business will generate income, you can try to take out a loan.

As you make profits from your business, you can pay off your debts and accumulate capital again. I think the most important decision to be made here is whether you will be happy if you choose to do a job that you have enough capital for instead of the job you want to do.

I would take this advise on which it would really be that good on taking up such decision on which getting a loan would be your nearest option unless if you could borrow from your family or friends but in todays
standard which interest is much more lesser or smaller in banks than with your relatives. lol.  So we would really be that taking up that loan option as long we can really be that approved on the bank on which approal nowadays is really that tough in the ass on which it is really that something that cant really be that attained by anyone. Never ever make yourself do risks out with other investment or business
on which you hadnt planned nor preferred because tendency of failure is high.

Instead on making yourself that being rush but since you dont have any options then this would be your likely be the option to be taken which is to take some loan then proceed with your plans.
Just make it sure that you would really be able to repay those loans in time so that you wont really be that experiencing any headaches later on. Just dont make yourself
on making rush decisions and think off carefully because if you dont then for sure you would really be experiencing mistakes and errors.

Agreed, starting up with a small amount of capital doesn’t mean you won’t get a large profit from the business. With time and patience, you will get your profits. Understanding where you are putting your money is also very important because that will help you generate money from such businesses. Being able to identify the risks that will make you lose a large amount of money, take reasonable risks, and do other things that will prevent and help you make money from such businesses is also very important to know.

However, that is what affects some people now, as they don’t bother to know how risky a business is. In business, we do something called a location survey. People need to do a survey before starting up a business. This means you should choose a good location where you believe your product will be sold. People will buy what you are selling. You can't just wake up a day and decide to do business without doing some studies. This kind of thing makes some people regret their move, and it’s very important to know before we get into a business.

Starting the business with the already saved amount seems to be the better choice than waiting for the other $5000 to be earned/saved. Another thing when starting a small business or big business we should have the positive thoughts. Op had mentioned the smallest business to be started with $15000 have got the possibility of failing. With this mentality one should not approach a business. Our focus needs to be on, how to make it work better and generate profit.

As said more analysis is a must. In the past people used to grow gradually and in the present era the competence is high and the expectations have peaked. It is a must to go on the right track and study the market well. This will ease the process and keep us on the safer side.

Of course, establishing a new enterprise or a new business is never guaranteed to make a profit and for this reason the realization of this business or enterprise with debt carries risks. However, the thing I want to point out here is that if this new business model has a high customer potential and a high probability of making profits this option can also be a good option. Risk is always present for a business or a new enterprise and in some cases it can dominate even for a business model where we analyze the return guarantee causing the result to be disappointing.

In addition to the suggestion of completing the missing amount with debt, if there is a different investment option for the planned enterprise or business model and this option provides a good earning potential, of course it can be aimed to complete this amount by making a profit by investing instead of borrowing.

I would like to give an example for the scenario of completing the missing amount by borrowing. For example, let's assume that as a result of detailed research we come to the conclusion that a new business model will definitely generate profits. Of course, there is always a risk that this analysis will be wrong but let's assume that there is an almost negligible chance that this business will fail. I think that when there is such a possibility a risk can be taken and this initiative or business can be put into operation immediately by completing the missing amount with debt.

Yes, that's right, anyway there is nothing wrong with borrowing as long as it is for good things, by borrowing this, the lack of capital can be fulfilled but make sure the business that is run will generate profits for yourself and to pay off the debt that was borrowed for the initial capital earlier. it's okay to open a business with modest capital but in my opinion it is less effective there will be a phase of ups and downs of profit, at this time of course it must be prepared if you experience a business that is less than optimal in profit. Will you choose to stop running it? it depends on your own thoughts, but in my opinion don't stop but try again by understanding the mistakes that have occurred, well here of course you need more funds to start again.

At first glance it may not seem good but what's wrong with trying again because every satisfactory result is a complicated process, so in my opinion borrowing more funds is not wrong to do what you have started don't stop halfway.

If you look at the acceleration of price increases due to high inflation last year and this year, in a period of one year I think the price of goods has increased by more than 20% in one year. Even fuel oil in the last year in my country has increased by more than 30%. Public transportation costs have increased by around 40-50% in approximately one year. And considering all these increases, it is very likely that the costs of building a business will also increase within one year. If last year building a business required 20k, maybe one year later building a business would require around 22k or more. But this is just an overview of my area. Maybe your area will be different. Because economic stability in each country and in each region is always different.

If I live in an area with better economic stability then of course it is better to save the 15k and work again to collect the remaining 5k which is the best choice. Because as you said, starting a business requires thinking about spare money. And in my country 15k to 20k is very big. So it might be enough to open a medium-sized cafe or restaurant. Because the rental cost in my city is only around $1700USD per year to rent a place that is strategic enough to open a small cafe/restaurant that is large enough to accommodate around 70 customers.

$5,000 remaining is not that far anymore, I won't risk it with something else if I am near the capital that is needed to start my business. I'd rather do other work and try to reach that number. I don't think it will take a year to receive that much in a decent job.
A rushed decision would just make things worse and it mostly ends up bad so it's better to just have patience and wait for the completion of the capital. Who knows, while you are in the process of completing the required amount you might think of some new good ideas for your business. I mean, the excitement could make us think better while our adrenaline is pumped up.

Choosing to wait and do other work so that I have enough capital to build a dream business I think is a good choice and if we force ourselves to build a business with less capital it will make the business we are going to build not be able to run well so it cannot develop and so on. What's worse is that we have to close it because of the lack of capital we have.

When making decisions, it would be better for us not to do it in a hurry because this will have a bad impact on the choices we make. Yes, you are right, in the process of collecting capital to be able to meet the capital needs that we need, of course we can think of new ideas, of course this will be even more interesting.

That's true. If he choose to risk the $15k that he has right now, if he somehow failed to grow it to his target capital that he really want, I think it would be hard for him to comeback. There might be a chance of him being disappointed and not continue the original plan that he have. The $5k he needed to materialize his dream business, it would be better to just go all in and accumulate those $5k rather than try to invest it on small businesses that you are uncertain rushed decisions.

I don't see a huge difference when comparing $15k to $20k to start a business. But if he has a perfect plan with his 20 thousand dollars, then there is no reason to risk it now. I agree with you two, OP should continue to be patient and achieve his original goal instead of having to change plans in doubt and uncertainty. He was able to save $15k and only has $5k left to accomplish his goal, so there's no reason it can't be done. Making $5k will be much easier than making $15k, so this is not the time for you to ruin your plans, OP.

Real estate investments are profitable for sure but I believe it requires someone to wait for a long time to get significant profit from a bought property because you don't get a lot of profit in a very short period of time. That is the reason why people only invest money in real estate that they know they won't need for the next 5 to 10 years because properties will appreciate for sure but it sometimes takes more time than we might have been expecting from it.

I'm not sure how long is friend is willing to wait before he can start his dream business because if he is planning to do it earlier than 5 years, then I wouldn't recommend investing in real estate because even if it's a safe investment, it wouldn't give him enough profit in a short period of time.

Maybe all of us here actually desire the real estate property. That's why we know it's not cheap; rather, a lot of money will be required before we can have it in real life. That is simple for those who make a lot of money, have busy enterprises that make a lot of money, or are wealthy.

However, it is not so easy to obtain for regular people who simply make the correct wage; it is dependent on their monthly income and the position they hold in their firm. Unless you hold a prominent position in your firm, you can have it immediately away.

Yeah profit is what matters but owning a landed property and its value solely depends on the location of the property as there are properties you buy in less than a year, I'm pretty sure you'll make incredible profit and there was also a situation where someone bother land of about 6 million in Nigeria naira which is about 6 thousand dollars and in just the one month, the land was already priced at 9 million Nigeria naira which was about 9 thousand dollars and thats a 3 million($3k) profits in just one month and that was unimaginable.
Real estate is very lucrative and how long your long would stay depends on the thr current location.

You should also try to confirm specific details from your friend as to when he intends using thr money and how much money we're looking at to better give more edge on better recommendations

I would prefer to invest the remaining $15k in a small business which of course has a good chance of making a profit, even though it is risky, all businesses certainly have risks that can make us lose our initial capital, that is what requires us to deepen our knowledge and insight regarding  the business we are going to start (always remember that a business that is started without prior knowledge is just gambling, you are just betting on luck for the success of the business you are building).

The situation we are in, I think, is very generalized throughout the world. I would think that it could be said that it is very difficult to save, because the cost of living is very high. What I can say is that every time you make purchases of klas more basic things and what can be left over, then you must make an effort and change that fiat to Bitcoin and save it, that is what is best to do, I would do it, sometimes I just do it but it is very difficult because the expenses that are unforeseen are the ones that They leave you with nothing, but you have to try to do it. I could try, but I rarely have any money left over.

If you do really know on how to flip out and make some real estate engagement then it would really be that something that could really make you rich and this is something more better compared into other businesses or investment but we know that it isnt something that comes very cheap and this is why not all would really be touching up this area because of the money involved. If you do have the money then this is the sweet spot to spend up and make out investment. I do say that this investment is less risky compared to others but of course you would really be needing to be that strategic when it comes on purchasing properties.
Real estate might be good but always mind off that not all properties does really have that potential or having that appreciating price on which means that you do still need to be careful
on buying one.

You should really not that make yourself that careless because if you do then you do know on whats next. We are talking big money on here on which we cant really just easily
ignore about the risks or the probabilities on which you could really make yourself that able to suffer some loses or negative. This is why we should really be
that still mindful and be careful about those possibilities.

Investing in other opportunities that is not even our dream business or the kind of investment we plan to put our money is not something we have to stress ourselves about. Even though we don't have the capability to go for the kind of business we plan or have interest in, it will be good for us to put the money in another business or investment that would yield profits for us which we can use part of it to invest in our dream business or investment.

 It is good for us to know how to improvise because, this is the only way we can get to the level we intend to reach. There are so many investments we can put our money and make good profits. We don't need to be living too much to be desire just because we haven't gotten what we want.

It is more adviceable and better to Invest,because when you invest,you get more money but when you save your money doesn't increase..
Like in a situation when you want to start a business but the amount at hand isn't enough to start the business,it is better and it will be great if you invest the money you have at hand and also doing other work that will give you money before you withdraw the money you have invested. So at the end of it all you will have more money than you expected, which will be enough to start up your business and take care of some little needs.

To start the dream business,you need to raise the capital from your saving money.So the small saving over a period will help the person to save the big money in the longer period.But he should be very passionate to save that money,because the many expenses you will face at the middle of your journey.Mostly like the tough situation for the saving,but you can multiple the saving dollars using the long term investment.The bitcoin will be the better option to hold your saving money for the business.

For investment ,first thing you can do that is save ,save and save . Saving is first  step of investment ,then you should get knowledge of any business in want to invest your money because your  investment plan can change your family life .They are depending on you ,if you lose all your investment ,you will be on road and you will be responsible for whole situation ,So before investment in any thing , do research and do not trust on anything because man sinks when he over confidently trust on  sweet  knife. Many salesman talks persuasively and common people entrapped in their trap.If you want to invest in Bitcoin ,you should invest for long term and forget it and wait to increase price of Bitcoin and sell when it is on peak an buy when Bitcoin price is going down .

If you do really have the plans on making out some investment then if you arent that in a rush then you would really be needing to save up for you to have such capital but if you are in a rush then
getting up some loan would really be definitely your fastest way for you to be able to get that lacking amount that you are really that wishing for. There are really indeed situations on which you cant really be able to avoid on to rush up specially if you are really  that seeing some potential or opportunities on which you do know that you could really be able to make money. If you could wait up and wanting to play safe
then saving up and trying to accumulate on the amount on a slow manner rather than on rushing up yourself on making investment on which you arent even sure on what it is or simply out of your own interest.



Invest on what you can afford as always and never ever tend to make yourself believe that risks is really that not present which is not. You should really be that wary
and really be alert on what are the circumstances and possible things that you would really be able to encounter along the way on which its never been that simple or something
that you would really be that thinking that ir would be that resulting into positive. If you are really that going for reaching out that certain amount capital
then it would be just depending on you on which things that you do prefer.

Before we invest, of course we have to have enough savings to be able to invest and we also have to have good knowledge of the investments we make and we also have to understand the risk of loss that might occur from the investments we make.
You are right, when making investments we have to be careful in doing so so as not to experience losses from the investments we make, because without being careful in making investments we will of course make the wrong choice so that we will likely experience losses from the investments we make.

I will seek venture capital from investors or use crowd funding to fund my business and get a small business loan too. I think this will make my business dream come true. Or, If I had a dream to do a business that I am capable of and a perfect plan to do it, I would definitely go for it. I will take a business loan from a bank for $20,000. So I am going with option three, neither option one nor option two.In option one, I thought I could use my whole savings in my business, but first of all, it's not enough money, and in business, there are extra other needs involved, so we need that money for emergency use. And the second option is to make me wait, but we don't know what will happen in the future; the situation may not be favorable.

In this situation, I'd recommend option 2: Keep the $15,000 and continue working on other projects or employment opportunities to slowly save up the remaining $5,000 needed for your dream business. It's a more conservative approach and reduces the risk of losing your hard earned savings if the smaller business in option 1 doesn't succeed. Also think of it, if you could save $15,000 (3/4 of what you need), what then is hard in saving the remnant? The business you want to invest the $20,000 is most likely always available, and you can start it when you want (at your own pace)

Pretend you have the 20k right now what does the dream business do for you?

do you earn 2k a month with the new business? or do you earn more?

Starting small can be a good way to scale a business, and investing personal money can be important in the early stages of a business. Instantly realizing this idea can be helpful in starting your dream business. You should not use money with high risk without studying and preparing the business. With proper planning, education, and monitoring, you will reap huge benefits after starting a business. Best wishes! Earning money from business results can be a safe and good move to invest, if you plan well and manage properly. But it is important to remember that it is very important not to be hypnotized in any investment. You have to choose your money carefully and in the recommended way so that you can invest safely.

Its true, those who cannot wait for 5 years will definitely find it difficult to manage real estate business even if a man wants, he cannot do this business easily. Because for land an investor has to spend a lot of money which is not possible for everyone. Some are not even in a position to buy land. On the other hand, if one wants to invest in a trading business by taking risks in a short period of time, there can be quick profitability. An investor can get his expected profit within 5 years if the investment is well monitored. Any type of investment is risky. The investor must take a good decision before investing.

If I was in that place I would start a business which have high expectancy if giving  profit.
Like a fast food business it is better than a security camera retail. Because from fast food business I will a le ro earn something daily.while and in security business it is hard to get orders quickly and takes time to get orders.

There is both profit and loss in business so in order to do business you have to take risk. But on the other hand you have to make sure that the business you want to do has a high probability of success and you can do it. And in case of investment in any place, you have to keep in mind that even if you lose there, you can back up your financial position through an alternative means. And your total weight shouldn't consist of just one thing.  You should make your investment in several places, it will reduce your risk and loss chances

In my personal opinion I think that In my personal opinion I think that every successful business has not reached its current position from the very beginning, it must have started with something small and became successful through hard work and persistence.
So my option will be to start a suitable with that related business with the funds that I have. Then I think that gradually with own will and hard work one day the business can be taken to a successful stage or its target. Moreover, I don't want to keep that fund in savings because currently keeping my fund in fiat currency means depleting my fund. Because currently the inflation of fiat currency is increasing day by day. So it will be nothing but only is stupidity if the fund were savings on fiat currency.

Investing at a capital of $15k and a capital of $20k has still no difference, losing is still inevitable. That's why I'd rather chose the first option but I won't invest the whole amount of $15k but just a small amount that I can easily manage to lose. If I get lucky, I will get some profits that I will add on my savings and continue to invest more for future profits. However, if become unfortunate and lose my capital, I think that's something that I don't need to regret since we all expect this when things happen not according to our plan.

The important thing here is we gain some significant experience because the success of an investment does not only based on its own sufficient capital but it gives more credit to the person who is going to manage the investment, that's why building experience is always a must.

They are tricky questions, but it all depends on the individual, to have a preference and go with it. The important thing is that you're not partying with the money, so either of the options is good to go. Although if i were in your friends position and I must make a decision to pick from either of them, then I'll go with option 2, because i believe that the moment that you dip your hands into money that is meant for something else, then that money might not be readily available when you'll need it. No business has 100% guarantee that you'll recover you investment capital when you need it, so it's safer to keep the money in savings, pending when you raise the remaining balance.

There are ups and downs in business, so it's better to start a business with the money that you have budgeted for it, so if you experience any lose, you can easily give yourself time to pick up again. Example is you invest the money in bitcoin, and the timeframe to collect the money has reached, at that time bitcoin price dips, it'll be a big regret for the person.

i thought the same thing $5000 is a huge amount of money but if you’re only missing $5000 then you already have 75% of your planned budget you’re already closer to your initial plan, why go sideways?
unless of course you’re losing hope to get that missing $5000 then maybe you’ll just scratch the original plan to immediately start a business and gain profit soon after


exactly starting a business is always a risk so it’s important to plan everything down to a penny if you know that x amount of value is needed to start your dream business then don’t do shortcuts as this may not work in your favor later on

Of course that's true, because something that will be run through a process with the aim of success will always have risks that will follow us, whether it's the risk of failure or loss and others. Therefore, of course, as you said before starting a business, the main thing that must be considered is designing a plan that can really lead you to the goal of success, besides that there are still quite a lot of other things that you prepare such as management, capital, market research to determine targets, marketing to attract more audiences and others. None other than because business competition with other competitors today is very tight, they do not hesitate to do anything that can make them superior to us.

Returning to the topic that capital is indeed the main thing that must be owned by everyone who wants to start a business, of course you need to prepare a sufficient amount of money to start your business plan, if you feel that your finances are still insufficient then yes it is better to save first, because with you having strength in terms of capital then maybe you will also be more free to carry out your plans and of course it must also be with good management, do not let you force for example by borrowing from others or to the bank because of course it will cause pressure, while on the other hand the business will have ups and downs in terms of profit.

    Both options are good and they both will yield financial returns but just one has a 50% probability of either yielding more returns or loosing all but still is the best of the two options and it's actually the one I'd settle for personally.Saving is good cos it serves as a savior in rainy days where there's a situation of exhaustion and backup oils urgently needed but it doesn't make for greater income in the long run.
    Investing on the other hand has a probability of failing and also scaling through, it's unpredictable and it should be expected in situations where it fails and causes loss. Investing is the best option because it even gives better chances of working out and definitely when it does work out, the outcome will be evident.
So for me, I'd opt for an investment plan no matter how small the capital or the business may seem because there's far more better advantage in investing than saving and the disadvantage gap too is clear.

well yeah.. Having sufficient capital is the most important thing to start a business. It allows you to cover the initial expenses involved in setting up your business, such as obtaining permits, acquiring equipment, and purchasing inventory. Having adequate capital also provides you with more flexibility to make strategic decisions and adapt to market changes.

But then, relying solely on borrowed capital can put a strain on your finances and increase your risk of failure. Excessive debt can lead to high expenditure, which can eat into your profits and hinder your business's growth. It is advisable to start a business with your own savings or by securing a small business loan that you can comfortably repay. This will give you more control over your finances and allow you to focus on building a sustainable business model. By managing your capital wisely, you can increase your chances of success and build a thriving business that not only generates profits but also provides you with long-term financial stability.

Alternative ways are really good for taking business loans, try to do financial transactions through banks. If any loan is taken the loan amount should be maintained even expenses like phone bills need to be documented. In this way not only the accounting of the business is easy but also the quality of the business can be increased. Again the same business may have different budgets for different tasks everything can be accounted for. Then you don't have to calculate every time it can be understood at a glance whether the business is going towards income or expenses.

Questions like this you need to carefully think on what exactly to do, but with way the economy is going saving is kind oh a bad idea I will prefer to invest and get returns either daily or monthly depend on the chosen investment. Because sometimes you might have the intention of saving but at the end of the day you might end up spending the money.  And true that business don't have 100% assurance but I still choose investment is left for me to chose my investment wisely. And their are businesses you can start with small money, but like you said it is an individual decision, you want to safe you can go ahead you want to invest you can also invest.

If I just choose number 2. Just leave our investment there and take him back when the time comes as you said. At least this is wiser in investing and we can relax and enjoy life and the available funds are sufficient to recharge our bodies which feel tired due to full activity.

Are we going to dedicate our time to making money for the rest of our lives?

  Between investing and savings, there's advantages and disadvantages. Now there's an amount of money with you, what would you rather do with it? Will you put it in a business that has the possibility of multiplying and yielding more returns or you'd rather lock them up somewhere where if opened next time will still remain at same value or even less. The issue with investments is fear of a break or fall out. What if the investment doesn't grow, what if it gets halted and depreciates what if losses are incurred, then the money which you'd have saved would be wasted just like that.
  For Savings, what if you had invested and it had really boomed, at least it'd have been better than still being left with same amount with same or even less value. Both ways the best is to save some and invest some just incase one or both works out, at least there'd be no loss two ways. Don't just jump into investing, take right precautions and ensure you make right decisions before putting your money in anything.

No. 2 I prefer he keep $15K safely while working via other ways to find a means of earning the remaining balance, for him to work hard to earn $15K I think it won't be long before he would earn $5K and I also believe that his choice of $20K business would be a successful one that is why he is insisted on finding funds to balance up, however investing $15K on other business in his bid to earn extra $5K might fail due the fact that it's might be nonviable business and the pressure to earn $5K quickly might lead to incurring losses to the fund thus jeopardized his plan.

If you are afraid to take risks of investing that money, keeping $15,000 will be a wise decision. But if you just keep it, it means you don't invest that money. If you want to invest that money, you must choose the option of number 1. Both have the advantage and disadvantage, it depends on us to choose which option that is suitable with our condition. IMO, if we have no proper capability in investment sector, it will be too risky to invest $15,000. But if we know well how to invest in a certain thing and we are pretty sure to gain profits, investing $15,000 should be an interesting way.

15 000$ starter in small business? Are you serious? Do you know that amount is not a small amount for us here in our country for the small business you are talking about? With that amount, I might have a convenience store or grocery store.

If it's that kind of amount here in our country, that's not a practical start-up for business because it's too big. You can have a business here even with a $50-$100 start-up, and there are a lot of microentrepreneurs here who have already become successful after several years of managing the businesses they built.

Well it depends on a state and country due to their cost of living. $15,000 is big enough for us who's living in Asia, you can buy a land or simple house and lot here in our country. With that, I suggest to used the half for business and the other half is for savings since we all know that building a business even if it's small or big, it will cost big risk and the potential of failing is always in there. Not being a negative thinker but It's better to think ahead of time so we can have a back up plan for the future.

If your ideal business will cost you $20,000 or more, invest your $15,000 in Bitcoin, not into a smal business, because that's more risky in my opinion.

It's all about waiting game when you bought Bitcoin right now, or you could do something else like find away to earn money until you save $5,000 to complete your capital for your ideal business. It will depends on a certain person which option he would prioritize, on certain circumstances as well.

However choosing option 1 is not easy and might result in an unexpected result. Investing in smaller businesses, or other people's businesses means that you're not the one holding your money to run the business. This option also shows OP making a rush decision where he can make a quick profit. The best option is to invest money in Bitcoin or if he does not consider investing in crypto, he can save more money until he makes enough money for his planned business.

Funds always need to be diversified, and some part should be as a reserve for unforeseen situations, which we will not invest, but it will always be available to us 24/7. And the remaining funds should be invested only if you are confident that this investment will bring you profit and you understand what you are doing. If this is some kind of investment on someone's advice, then I would avoid it. Also, if anyone wants to buy Bitcoin now, then I would probably say that the best time for this has already passed, most likely you can still get x2 or even x3, but is this such a good profit when we are talking about high-risk investments?

Some people know how to tolerate risks, 15k seem too much for investment but it's something I can easily live with, I know there is risk of losing it all but there is a saying to never put all your eggs in one basket, if you follow this strategy of diversification you will still win in the end.

I can decide to invest this whole money if I have another means of surviving, I've done it before where I solely believe in crypto investment only, and on the long run I made money bigger than what I could make if I have invested it in a business, crypto investment is more lucrative if you know how to go about it, we are still in a bear market right now and I am already in good returns of my investments.

Running a business is not bad but I will prefer to invest most of my money into crypto than to invest it in anything else, tell me about a business that can turn $1000 into 10k in just two months, if you know what you are doing with crypto you will make a lot of money.

OP, I want you to know that not all businesses that their owners start with the required money before they start up the business they have in mind. Some of the big businesses you see today, their owners started with a small money before they flourished to be big.

That's to say, A business must not start with a large amount before someone thinks of endeavoring into it. Start with the little you have, with steady consistency and commitment the business will blossom.

In every business, their profits don't come at once, they come regularly(little by little), and by saving the profits, you expand the business.

That's why you will find some people would like to start up businesses no matter how little the profits can be. Because they are hopeful to expand it in the future through the profits they receive from the business

There is no doubt that investing can lead to higher gains, but it also comes with bigger risks. There is a play where the possibility of growth and the fear of loss move together. It's not just about market trends; it's also about how much danger someone is willing to take and their financial goals. There are people who love the fast-paced beats of the stock market and people who find comfort in the steady beats of a savings account.

On the other hand, savings are safe, but they don't always keep up with inflation, which slowly lowers their value over time. The idea of "opportunity cost" comes into play here. The savings account money might be better off growing in other places. Diversification is important; spreading your investments out can lower your dangers. Or, put some of your eggs in different baskets. To make smart choices, you might want to do a lot of study, learn about market trends, and maybe even talk to a financial advisor. Controlling the seesaw of possible growth and keeping cash safe is a tricky business

In my country, have $15k is huge amount and you can start many business worth much profitable in the yearly such as investment in palm oil or any agricultural kinds. But depend on your skill are understanding with build up real business or likely you want to invest in bitcoin, regarding bitcoin price up every day its worth with that amount and possibility earn much profitable in the future more than $15,000.
Regarding with my fund hold on some altcoin, I prefer for investing your money in bitcoin and make good plan as long or short term trading, you can earn around 4% to 10% in daily regarding investing on the top coins such as Bitcoin or Ethereum, I believe have much profitable in the future than holding in the bank with small profitable earning and keep lower values due inflation.

That's a really big amount. Well, in fact, I can buy a rental house for that amount, or a row house, and then I can build a small business and also buy a brand new motorcycle for 15,000 dollars.

But if all of that is allocated to a traditional business, it would be nice to have an eat all you can that is very affordable to the people, but it comes with a class that even students can afford, right? The buffet business is still a trend today; it is becoming a trending business in this era here in our place.

The business requirement or the capital in which you projected for the business is $20,000 and you have finally gotten $15,000, that should depends on the kind of business you wants to embark on. They are some businesses that you need the complete capital to start while some you can start with the amount that is available at hand. And if you are in the one that needs the total amount of capital to start then you can sort for a way to get it. Either in the bank or loan givers. But if you are in the one that you can start with the available cash then you can start with it.

But if you are thinking that you want to invest with in bitcoin and planning to start your business when bitcoin price is high my brother that is where the risk of investing in bitcoin come to play. One, you have to wait for a very long time for you to gain your remaining $15,000 and that also depends on the movement of bitcoin price and the time of the prediction of the next bull market. And in the process bitcoin price comes down to below $15,000 and your time of prediction has reached. Then you will loss out from the two sides. Now what I will advise is that, you can invest the $15,000 in bitcoin and continue your hustling to add the remaining balance and once you complete the balance then you can use them to start your business.

I think if 20k meets the type of business you dream of, then depending on your friend's job, continue to keep 15k in your savings book and try to save another 5k. This is safer and more practical. Also, borrow $5k or my additional opinion is save $15k in bitcoin and you keep your job because bitcoin is uniquely trusted and carries absolutely no risk.

I personally would choose the 2nd option because the 2nd option has a very small risk of failure compared to the first option which has a greater risk than the 2nd option because in my opinion the 2nd option is more flexible, we can do several jobs at once in a day, which can save us money. short time while collecting money to start a business

It’s easy, since I was the one that worked and raise $15,000, all I will do is to maintain my work and raise the remaining $5000. I won’t even try anything stupid which will end up causing me to lose my entire money, if you try to invest in smaller business, it’s might end up failing because that’s not really the business which you want to start, and don’t expect big reward within a short period of time. To me it’s very easy, just have patience and keep on saving, for you to be able to save that big amount of money, then $5000 should be a problem. The only thing that will make me ask anyone to change their plans is maybe they end up be fired from their work, or their job end up being compromised, and they can’t make more money.

The annual return depends on your investment type and business type. There are also businesses and investments from which you can make 2x-10x profit annually but these on the other hand are very risky and some investments and businesses will give you 5-20% profit.  But neither investment nor business will guarantee you constant profits. Profit will depend on your management and sales. So how much profit you can make annually depends on how well you run your business or how much analysis you invest.

Always see towards your interest so if you think that in certain business you are expert and you can do it well then don't think that it is a small business or large business. That business will be suitable for you about which you know everything.

It is obvious that if a person can save the amount of 15000$ then surely he can save the amount of 20,000$ because for fulfilment of dream one can do anything. But in such situations if you know that selected business will favors you and you can carry out this business well then I think wait for the rest of amount then start your dream business.

Buffet business success would really be still varying considering that there would really be factors on which you would really be needing to have for you to succeed into this kind of venture.
Like location, the food taste, ambiance, sanitary aspect etc... Success couldn't really be assured when running up a business but well it is really just that normal to risks out and as long
it is something that would really be getting in line with your own interest then it should really be just that fine. There are really just those people who cant really be able to take more risks
just because they are afraid of failure.

If we do speak on whats the answer on OP about on a situation on lacking up the amount then it would really be depending on risk taking whether he should be making some investment or business
but since he do have plans on having one but lacking capital or amount then its not ideal to run a business on which it isnt really that in line with your plan or passion. You would just simply fail.
The thing here is that if he do able to save up that big for a period of time then saving up more would be his best choice but if he's eager to start one already then
taking up some loan or borrowing would be his last option or resort.

Yes it is easy to make the 20,000$ since you have already made the 15,000$. But this depends on the time it will take you to make that extra 5k. If it will take you long about six months to save that amount from your monthly income then surely inflation will be against it. The value of all the money you have been able to save will reduce so much and by then the cost of starting that business will be higher. Which means you will be budgeting about 25k to 30k. This is as a result of increase in the price of materials and goods to start that business.

Rather than waiting invest the $15000 in small business and it'll grow little by little. This means, if you're doing the regular work and takes 6 months to earn the remaining $5000 through the business you might be able to make $2500-$3000. If you have understood the market and managed well, this could be higher. Even it can be high above $5000, but the best part during this time period your business will be established. This means things could bring better revenue soon, so it is good to invest and start at the earliest than delaying.

I will choose the first option because there is a risk that I have to take because I am still young. It is better to try or not at all than if I save my money in the bank, it will not increase the money but the money will sleep and be exposed to inflation. It is better for me to invest so that the money That works for me too because I also know that no investment is guaranteed to be profitable, there are risks too

It's better to try than nothing, it's a good idea, I often hear words like that from many business people, basically even though you are very confident in whatever you want to do whether it's a business or investment that looks like profitable but still however the potential for loss or failure will definitely exist, I think there is no success without failure and that is a statement that is always carried by successful people. They have a good mindset and like the challenge of something bigger.

Failure is not a problem because on the other hand they will get very valuable knowledge from the journey in the process, and yes that's right buddy if I have a lot of money then maybe I will also prefer to switch to investing rather than having to save in the bank, although there is a potential loss in a certain amount but on the other hand I think if we have good planning and management and also have sufficient understanding in the field of investment I think we will be able to increase the percentage of profit to be higher than the risk of defeat, and there are some positive points as you said that with investment our money has the opportunity to grow in value and physically, it is better than saving and being exposed to inflation.

Investment is all about taking risk because the return from investing in a company depends on the economy

When planning to invest in a company the productivity of the company should be checked first so you won't end up investing in a sinking ship and lose your investment.

The return on investment depends on the amount of shares/stocks you have in the company, the higher your shares the higher your return

But to have a large amount of shares you must be willing to put in a lot of money especially if the company is a lucrative one.

Not literally that you have to invest the whole $15k and expect positive result. If you wish to invest in bitcoin, just invest an amount that you can afford to lose knowing this type of investment has still high rate of losing especially if you're up for big and quick profits. You know, bitcoin is a long term investment so you can only expect to get profits after holding it for long term patiently.

Now, on the remaining amount from $15k, just keep it while you are working for another side hustle that will give you additional profits. I know if you work hard, you will achieve your desired amount in the long run. Just focus on your work while you are also working on your bitcoin investment, at least when the right time comes, you will have multi-sources that will generate profits for you.

I'll keep the $15k and work to make up the $5k. There is no need to rush. It is a business just like a child I must take my time.with it to see it grow slowly and steadily. After I have gotten the 5k , I won't even quit my regular job. I'll Only do do when the balance sheet is looking good.

I agree with your opinion, we don't need to rush to build a business if the capital we have is not sufficient for the business we are going to build, it would be better for us to keep the capital we already have and continue working and saving the rest we have. needed to build the business that we will build and also we can prepare well ideas about the business that we will build.

If I have an amount like that, it would be better if I just put it in Bitcoin and then just hold it or put it in stocks. At least after 1 year, I'm sure that that $155,000 will have interest.

The good thing about this strategy is that I don't have to understand or have any hassles, which is also called because I will just wait for the interest on that amount of money of 15k. This strategy does not require any physical effort, but it can still be considered smart working, right? ?

Starting a business needs to have spare capital from the beginning business plan. You cant start a business using daily expenditure money, because when you start a business, it means you already have financial security for your daily expenditure. Business has always possibility of failure, even it's a small percentage. You cant risk your daily use money, it could be harmful for your living.

Starting a business plan is not just about idea and capital / financial management. It also needs financial management for daily use money which is apart from business. This is essential for financial security of living to avoid unexpected precedent that could happen in your business.

OP I will remind you this that there is no business on earth that is risk free. Every business engagement involves a risk whether big or small there is every tendency that there will be hurdles along the way but the ability to curtail such hurdles depends on how smoothly the business would scale through.

Of a truth no business started big as it is today. The big names and giants in the business world all started small and being consistent with their services. If one starts small it is not a bad idea that they would be making profit bit by bit and that would enable them be able to expound their horizons with the experience they have gained in the process of starting small. So therefore, I would advise that your friend split the money irrespective of any amount already saved to try that business and see how it goes in a small scale.

On the other hand, if  your friend finds it okay investing the other half of the money into Bitcoin that is no problem as long as your friend initially had the plans of waiting to complete the $15k to $20k I think your friend can be patient enough to try buying Bitcoin and holding for a long term while managing the little business already established and growing it up as the time goes on.
Buying and holding Bitcoin for a long time I know would yield profit for your friend  which would be a plus for him.

There's nothing bad keeping the money, no need to rush but I see no need keeping the money when you can make profit from the money, most people are scared to invest their money they prefer keeping the money. There are other means in making profit from the $15k aside from starting a business, that money can be use to render loan for interest etc. In my own opinion I will prefer the person invest rather than saving the money $15k.

There are several choices you can make if you are faced with this condition and if you don't have enough capital, forcing yourself to develop your business will certainly not make you grow. Currently, we will be increasingly left behind in terms of business development if we don't have enough capital because competition can bring us to a stage where it is difficult to develop it. It could be that you are trying to reduce the basic capital to start a business, but it depends on what business you want to run.

Another option when you have calculated the impact of the business may be to apply for a loan for insufficient capital needs and carefully you have an option at the start if the business does not grow quickly because every month you have to pay installments. Your own business plan can see opportunities because other people's suggestions may not be appropriate when applied to the business you want to develop.

When we choose the right investment, we will surely get savings here, if the investment we allocate is right. That's why we should be careful when choosing investments, and we should also value our capital as to how it will grow.

That's why I prioritize investing first, because I can't save funds if I don't choose an investment that can produce profit for me. And that's what successful entrepreneurs always do, right?

If my dream business requires an estimated capital of $20k and I only have $15k, I will not start another business. Instead, I will use that $15k to invest in crypto. There's no guarantee in crypto investing but we do know that bitcoin so far has 100% success of growth every halving and the following year. And since bitcoin halving is already happening next year, I will absolutely start investing right now. I'll do a monthly DCA of $1k in bitcoin until its price reaches $50k. $500 monthly on ethereum. Maybe in the middle of next year, I'll be open to any new opportunities in crypto as well. In previous years NFT and metaverse made headlines so we better watch out on what's something new in this cycle.

By the end of 2025, I am expecting my crypto portfolio to surpass $20k. So by that time, the crypto market is expected to correct heavily, and it is time to start the dream business.