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Author Topic: How is the capital found?  (Read 3385 times)
Gotottack
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February 04, 2017, 02:20:00 PM
 #41

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.

Wow that is amazing! How much were you able to pool up and what business did you build with your money? Is it online and you paid with bitcoin too? I've been working for bitcoin for already 1 and a half year and I would say I don't have a single bitcoin yet. That makes me sad, I can't build a business yet with this.
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February 04, 2017, 02:21:27 PM
 #42

The most common way to find capital is to get a loan at bank. Sometimes crowdfunding is used, but this does not work for things like a concrete factory.

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February 04, 2017, 02:24:52 PM
 #43

If you don't have the means to start a bussiness then don't build until your ready , If you are to build a bussiness then you must me financially ready because there is a lot of risk involved when having a bussiness you aren't sure if it will gain profit or normt ! asking for loan that you can't pay if you're bussiness failed will cause you a big trouble so if you're not ready yet just hold until your season come , just be patient !
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February 04, 2017, 02:31:11 PM
 #44

The most common way to find capital is to get a loan at bank. Sometimes crowdfunding is used, but this does not work for things like a concrete factory.
Getting a loan to a bank would be the fastest and best way if you are looking for a capital but these method do really need a strong collateral regarding on the said loan and if people dont have capability to represent some then there are lots of second options but it would be a sacrificial thing ex. selling items/assets/.

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February 04, 2017, 03:11:37 PM
 #45

If you don't have the means to start a bussiness then don't build until your ready , If you are to build a bussiness then you must me financially ready because there is a lot of risk involved when having a bussiness you aren't sure if it will gain profit or normt ! asking for loan that you can't pay if you're bussiness failed will cause you a big trouble so if you're not ready yet just hold until your season come , just be patient !

That is the main reason why loans usually require collateral. Not every business that was built ended up being a successful one. There's much more business that went down than the business that are still running. The bank is a smart institution. You either have a solid business plan or you have a valid collateral. Otherwise, they wouldn't lend you money. Even when it comes to simple debt like using credit card, they wouldn't give you one if they don't think that you can't pay for your maximum credit amount.

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margarete11
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February 04, 2017, 03:24:48 PM
 #46

If you don't have the means to start a bussiness then don't build until your ready , If you are to build a bussiness then you must me financially ready because there is a lot of risk involved when having a bussiness you aren't sure if it will gain profit or normt ! asking for loan that you can't pay if you're bussiness failed will cause you a big trouble so if you're not ready yet just hold until your season come , just be patient !
I agree with you bro why you need to loan and why you are making things so fast if you can't afford to start one ! If I where you I will just save money until I have the enough funds I need to start and use my preparation time to build a solid bussiness plan ! and when I am ready I will just execute my plan !
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February 04, 2017, 03:54:01 PM
 #47

Crowdfunding is better option than taking loan from banks however it is not feasible for every business and to start business with crowdfunding there is lots of steps/limitation to operate legally.

You can secure your shares/stakes in your business without investing any pennies from your pocket and also you don't have to worry about paying out interest on loans, if you can collect seed money from crowdfunding.

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February 04, 2017, 04:10:14 PM
 #48

(Angel Investor)

In general, people first think about finding capital and then starting a business. But nowadays you can build your business even if you have no capital. There are many investors who support startup company. If you trust your business idea, you can apply for a program that supports your venture projects.

Later an angel investor can provide you with the capital to grow your business. By buying a certain percentage of your company.
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February 04, 2017, 04:40:06 PM
 #49

For me, the only valid way to find start-up capital - is to make it. so now I have to work hard. But I know that there will be a reward for my work and I will open my business
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February 18, 2017, 03:20:06 PM
 #50

For me, the only valid way to find start-up capital - is to make it. so now I have to work hard. But I know that there will be a reward for my work and I will open my business

Large projects require large capital. If you can create a huge capital by working already, you do not have to do another job. That means you're doing well.

But you can not afford the employee and advertising costs to complete the project without capital.
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March 26, 2017, 01:58:11 PM
 #51

By borrowing money from someone you knew who trusted you and willing to finance your idea it can be a family, relatives, or close friends you may also try other alternatives option like borrowing money from a bank or lending.


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March 26, 2017, 02:03:54 PM
 #52

I have done business before. Well first if you have any experience in running a business and you are very confident of the business that you were trying to build then you can have a loan. However if you dont have any of this or just wanted to have an alternative then you could try to find some partners and investors
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March 26, 2017, 02:34:52 PM
 #53

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.

Your story is interesting and encouraging but those are the days when you can get close to 0.05BTC per week for carrying signature. I will like to know the total figure you are able to raise during the 3-year period
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March 26, 2017, 06:33:02 PM
 #54

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.

Your story is interesting and encouraging but those are the days when you can get close to 0.05BTC per week for carrying signature. I will like to know the total figure you are able to raise during the 3-year period
You still can get pretty close to that much money from signature campaigns.  Even my campaign as a junior member is paying BTC0.004 per week, and some of the campaigns for heroes and legends can pay up to ~0.04 as long as you make a reasonable number of decent posts.  The only difference is that spamming your way there is rightfully a bit harder than it used to be.

But signature campaigns are just a helpful way to start, for more significant amounts of Bitcoin you need to either invest with fiat currency or give online related services.  As with anything the key is to give any skills that you have and accept skills from other people that might earn you money.
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March 26, 2017, 07:18:40 PM
 #55

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.

Your story is interesting and encouraging but those are the days when you can get close to 0.05BTC per week for carrying signature. I will like to know the total figure you are able to raise during the 3-year period
You still can get pretty close to that much money from signature campaigns.  Even my campaign as a junior member is paying BTC0.004 per week, and some of the campaigns for heroes and legends can pay up to ~0.04 as long as you make a reasonable number of decent posts.  The only difference is that spamming your way there is rightfully a bit harder than it used to be.

But signature campaigns are just a helpful way to start, for more significant amounts of Bitcoin you need to either invest with fiat currency or give online related services.  As with anything the key is to give any skills that you have and accept skills from other people that might earn you money.

I agree with you. To get more money one signature campaign will be small. It is best to start investing. And for this there must be free money resources
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March 26, 2017, 07:22:41 PM
 #56

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
This is why loans exist. In fact, this is almost the exact reason for why loans exist.

Don't use debit or credit to try and get the money to start a business, as it only throws you into a hole and it can result in you holding the tab in the event the business starts to struggle. Having a loan through a business takes some risk away for you as a person, however defaulting on a loan for a business with hit your reputation for future ventures.

Once you have a business with employees, start to make another. And another. And another. That's how capitalism works, and it leaves you with a ton of assets for you and your children.
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March 26, 2017, 11:16:01 PM
 #57

For me, the only valid way to find start-up capital - is to make it. so now I have to work hard. But I know that there will be a reward for my work and I will open my business
i think that is the best option for those people who do not have their own money to invest in trading, but those people who have some good  amount of bitcoin then he can start trading buy investment his bitcoin in cheat alt coins but with good potential to increase.

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Jannn
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March 27, 2017, 12:13:22 AM
 #58

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
You have two options to get your capital that you need.
First you can get in lending services or in a bank.
And second option is look for some investor that can invest in your business.


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March 27, 2017, 01:44:21 AM
 #59

it would be better to not owe my choice is to sell personal items to got capital, debt is a heavy burden because if you can't pay it's can make you crazy, especially if you debt to the bank and if forced to debt you must think carefully about what you will do with capital fund that you can to make a profit

          
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March 27, 2017, 05:38:24 AM
 #60

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

It really all goes back to how you want to do it.

If you are comfortable with getting in debt to start a business that you truly believe in, then go ahead, by all means do it. However if you don't like the idea of potentially losing your business + being in debt in a young age, then you probably shouldn't.

The main way altcoins raise capital right now is via ICOs.

If your project is altcoin related, then maybe you should try ICOs as well. You do need SOME starting capital though, and a team that is alreday assembled and known, as well as a roadmap. You can't just say "give me 50 BTC i'll do this and that".

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