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Author Topic: How is the capital found?  (Read 3265 times)
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January 27, 2017, 06:53:34 PM
 #21

I’m pretty confident that for every newbie the most suitable way to find capital is the FFF that is friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors https://www.entrepreneur.com/article/52742. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.
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January 27, 2017, 07:04:51 PM
 #22

Get a job, work hard, climb the corporate ladder. When you are on top earning lots of money, start your own business. If you are starting from the bottom (0), there is no other way but to work hard. Getting loans will not cut it. The interest will kill your business before you can even begin.

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January 27, 2017, 07:18:06 PM
 #23

I’m pretty confident that for every newbie the most suitable way to find capital is the FFF that is friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors https://www.entrepreneur.com/article/52742. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.

I do not agree with you. I participated in these companies, but no one of my projects supported, as well as friends. It is very difficult to create a project that is interesting. To do this, a lot of effort
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January 27, 2017, 07:18:26 PM
 #24

https://www.kickstarter.com

Don't get too excited though, they might want you to provide some doable theories and step by step instruction.
Just don't do a crapcoin launch please in the name of ICO Cheesy.

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January 27, 2017, 11:48:01 PM
 #25

Why post the same thing?
I’m pretty confident that for every newbie the most suitable way to find capital is the FFF that is friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors https://www.entrepreneur.com/article/52742. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.
I’m pretty confident that for every newbie the most suitable way to find capital is the (FFF) as Americans tenderly say friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.

@OP, For capital, usually it's inheritance, if you don't have that, then it'd be loans from family or friends. If that doesn't work, then it'd be banks.
If you can't get one from that as well then it's either you're some incredibly smart and talented innovator and can get investors interested or you go the most normal route, which is to save, save, and save.

 

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January 28, 2017, 07:39:56 AM
 #26

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

There is no shortcut to success and you can't just start a business without capital. And you can't just ask a loan for having no source of income that will just put you in the deep of debt. I suggest that start from the beginning, try to find for a decent job and look for the company that will pay good compensation. And manage to save money while working their make saving as your priority. It will always be a happy feeling that you are the one who is going to manage your own money.
Thats true if you enter in a Business world you need small or big amount of money as your capital you cant start if you dont have a capital.Just like I said you can get capital by requesting loan in bank or in lending corporation but please be careful if you availing loan just take the best offer.

I understand that not all of us here can avail to request or ask the bank for loans as they need to be investigated by the credit team. And with op's status for sure he can't be approved for a loan, if he doesn't have a decent job because he is asking for a business which has no capital. Maybe being a real estate agent can be a good one.



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January 28, 2017, 09:52:03 AM
 #27

The main question of poor people in the era of capitalism, where the poor are getting poorer and the rich are getting richer.
Usually when I ask a young owner how did he get it he says parents paid for it or he took over a family business.

-marry into a rich family
-inherit money
-befriend someone rich and borrow money
-take a loan in a bank
-rob a bank  Grin
-work like a mule eat cheap crap and save money

Hope the guide will prove useful Wink

The most clear message, but there is also something missing : the crowdfunding. In case your businesss is innovative you can use those platforms. And in case it is not you should simply not open it since you will be facing great difficulties to make money with it !

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January 28, 2017, 12:00:25 PM
 #28

I believe the main issue is not always the capital, how visible is the business idea and also the go to market strategy. If you can find like minds who are competent, with a good go to market strategy, you would find investors to invest in your project. Crowdfunding has proved that right, alot of investors are willing to risk the money on a good idea, Just look at the amount of funds raised from this forum through ICOs almost every month.


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January 28, 2017, 02:39:22 PM
 #29

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

There is no shortcut to success and you can't just start a business without capital. And you can't just ask a loan for having no source of income that will just put you in the deep of debt. I suggest that start from the beginning, try to find for a decent job and look for the company that will pay good compensation. And manage to save money while working their make saving as your priority. It will always be a happy feeling that you are the one who is going to manage your own money.
Thats true if you enter in a Business world you need small or big amount of money as your capital you cant start if you dont have a capital.Just like I said you can get capital by requesting loan in bank or in lending corporation but please be careful if you availing loan just take the best offer.

I understand that not all of us here can avail to request or ask the bank for loans as they need to be investigated by the credit team. And with op's status for sure he can't be approved for a loan, if he doesn't have a decent job because he is asking for a business which has no capital. Maybe being a real estate agent can be a good one.

I tried to get a loan from the bank for business. I had to prove the profitability of the future project. But the ban has decided not to my advantage. I was given a very small amount. I did not even take it. I do not have enough
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February 02, 2017, 03:47:48 PM
 #30

https://www.kickstarter.com

Don't get too excited though, they might want you to provide some doable theories and step by step instruction.
Just don't do a crapcoin launch please in the name of ICO Cheesy.

I know this site. Some scammers are raising money to develop the project. Then we look at the project is canceled Smiley
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February 02, 2017, 04:10:36 PM
 #31

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
Savings is the best way in my opinion, but you need an early start to get as much as you can.
Depends on what kind of business you want to do, however, many people had tried with small amount of capital and could manage the money and costumers which makes them have bigger budget right now. The best business is who can offer the best services that many people looking for it.

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February 02, 2017, 04:15:11 PM
 #32

Your best bet, IF you have a proper business plan... would be to start a crowd funding or Kickstarter campaign. If this fails, you could borrow

some money from the bank or search for a investor. I started my first business with money that I borrowed from friends and family... but

this has it's drawbacks and carry a lot of family drama and baggage, if you fail. I was lucky... it was successful and I paid them back with

interest.  Grin

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ikydesu
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February 02, 2017, 05:45:54 PM
 #33

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

Through crowd funding(bank for the future site is good one for you to start) or find investors. Nowadays the investors prefer to investing in start-up, it can be a chance for you to looking for.
It's back to your project and how you presenting your idea, plan and development. Awesome presentation is the key to attract such investors.
Keep in your mind, mostly bitcoin players is come from a trader and an investors, the rest is just a faucet hunter(lol).
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February 03, 2017, 03:47:48 PM
 #34

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
I will not advice you to borrow for investment from beginning. If you have maybe $100 you can start leverage trading. With a hundred dollars you can leverage up $19900 from fxopen or semplefx. Though leverage trading is like two eng swords you can still succeeded if you developed your skills and knowledge on how it works. Another options is through credit card.

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February 04, 2017, 09:09:09 AM
 #35

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

The only way is to get an appealing business proposal and search for a loan from friends and loved ones or cooperation sand even people who dream of investing in your business-like ideas. The net is wide and your proposal need to be appealing enough.

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February 04, 2017, 09:39:59 AM
 #36

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

The best alternative is to get credit from financial institutions especially the small to medium scale financial creditors who's core mandate is to invest into new company's. You should have good credit as well as some sort of credible collateral.



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February 04, 2017, 12:02:48 PM
 #37

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

The best alternative is to get credit from financial institutions especially the small to medium scale financial creditors who's core mandate is to invest into new company's. You should have good credit as well as some sort of credible collateral.
I am not sure about most of the countries, but in my country availing loan needs more documents and some times we need to follow cross routes too (like bribes and recommendations). Literally you may need to expose all your business secrets to avail loans. Loans will not be suitable for unique concept based new business for that reasons.

Personally I never prefer going for loans for business purposes. I started my trading only after acquiring enough capital, similarly I will follow same methods for any business too.



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February 04, 2017, 12:23:51 PM
 #38

my way was working with bitcoin. like Hunt a free bitcoin, signature campaign and trade. with this way I did this for 3 years and from it all I have gathered the capital to open a business.

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February 04, 2017, 01:38:32 PM
 #39

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
I will not advice you to borrow for investment from beginning. If you have maybe $100 you can start leverage trading. With a hundred dollars you can leverage up $19900 from fxopen or semplefx. Though leverage trading is like two eng swords you can still succeeded if you developed your skills and knowledge on how it works. Another options is through credit card.

What's the difference of using a credit card and borrowing from the banks? Nothing at all. Both of them put you in debt. I think asking banks for a loan would even be a much better choice because they review your business plan and they analyze first if it's going to be profitable or not and if you're going to be able to pay for the loan at the given time from that business.

It's only normal that you get a loan if you don't have the capital but have an idea for business. People do it all the time. On the contrary, people use loans for ridiculous stuffs like buying a new phone or a new laptop. That's not how you use loans since you should use it for something that will make you able to repay the bank.

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February 04, 2017, 02:13:52 PM
 #40

You either get it out of your own or other people's pockets. I heard somewhere that you only need an idea, you can get others to fund it if they find it good enough. First people you'd probably go to would be family and friends, never underestimate small amounts put together. With technology today, it became possible to crowdfund, making it much easier for other's to pitch-in.

As for traditional banking, I've only had experience with credit cards. Though it does put you into debt, if that debt is making money anyway, then it's a debt worth having. I personally use it to buy merchandise, I pay for exactly what I would have paid for with cash. Granted, things are not working well right now so I have to let one of my cards go.

Goodbye my little plastic, I've only used you like just twice. Too soon... ;(
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