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Author Topic: How is the capital found?  (Read 3597 times)
Star.Wars (OP)
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January 23, 2017, 11:33:16 PM
 #1

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
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January 24, 2017, 12:03:11 AM
 #2

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

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January 24, 2017, 12:11:36 AM
 #3

Debt is a relative term, but that's basically the only option where you take out a loan from whatever entity. Or some one (e.g. family member) must hand you over plenty of money without wanting it back, but that doesn't seem like a realistic scenario. Even crowd funding can be seen as some sort of a loan-debt since people willing to invest in your project want something back (e.g. equity, money, etc). Another option that some people tend to do, is put their house on the line as collateral. It's probably the worst form of trying to attract capital, but there are people desperate enough to proceed with this. If things don't go to plan, then these people will regret it for the rest of their lives.
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January 24, 2017, 05:08:13 AM
 #4

If you're looking for investors you should write up a business plan to explain what your business will be/do, how you believe you will make a profit (and how long it will take), and what you'll do with the investment you receive.

A business plan should answer all questions an Investor could ask.

With that in hand you can pitch people your idea - family, friends, community members, whomever.
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January 24, 2017, 05:14:33 AM
 #5

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 way to get capital to your business just request a loan to the bank or in any lending services.If you need a big amount of capital just go on bank and offered them a collateral if its a small amount only you can ask a loan request to some lending services near on your area.
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January 24, 2017, 06:12:16 AM
 #6

If you're looking for investors you should write up a business plan to explain what your business will be/do, how you believe you will make a profit (and how long it will take), and what you'll do with the investment you receive.

A business plan should answer all questions an Investor could ask.

With that in hand you can pitch people your idea - family, friends, community members, whomever.
True, I think looking for investors is better way in my opinion because if you a loss investor can not requesting a refund because it was entrusted entirely to you. But if you're profit investors are entitled to the profit sharing from the profits that you receive. But you're right, to get an investor is not easy, you have to make investors believe your plan and must conform the investor wants. So to get the capital will be more secure by looking for investors than with debt or credit.
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January 24, 2017, 06:35:23 AM
 #7

   You need an excellent degree of professional skill in the field has a future. It is a guaranteed way to get capital, whether by skill or by investors have their attention to invest their money in your project.

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January 24, 2017, 06:39:10 AM
 #8

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
I really love the idea marry into a rich family LOL. Actually, if you have a rich wife or a rich husband, it is certain that you do not have to do much. You just need to stay there and do the housework and help him/her to raise your kids. It is a little bit risky to open a business because you can lose your capital if you do not have any experience
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January 24, 2017, 06:54:21 AM
 #9

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

Another way to go about that is what is called Venture Capitalist, here you sell your idea to someone who has the money but not the idea but be ready to make some amount of compromise as to the profit sharing part. Also, you must be very convincing for the venture capitalist to buy into your idea and that you are the best to implement the plan...
Xester
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January 24, 2017, 08:27:33 AM
 #10

There are three things that you must consider in finding a capital. First is opportunity, if there are no oportunity presented in front of you then you will not earn your capital. Second is perseverance and skill, even with opportunity in front of you if it dont matches your skill it is still useless. Third is you need luck, this is the most important ingredient if you dont have luck you will not met an opportunity that matches your skills.

Why am I saying this its because I love business but I dont have capital. So what I did was to learn ways to earn online,many opportunity presented itself to me but it was out of my ability and so I learn the skills to be used in online jobs and luck came I was hired as a moderator on a bitcoin site and I am earning extra income. The profit that I earned from my online jobs was used in my business which is farm financing.
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January 24, 2017, 08:38:56 AM
 #11

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
Bank loan is known as term loan since they add term to the loan i.e. collateral. If you got collateral to offer, you can grab loan easily. However, loan for productive purpose (business) is not so easy. Usually banks charges high rates on them along with tough conditions regarding repayment.
So best is to seek partner in your business who can act as sleeping partner and you carry business for all. However, you need a convincing idea indeed!

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January 24, 2017, 12:11:35 PM
 #12

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

Another way to go about that is what is called Venture Capitalist, here you sell your idea to someone who has the money but not the idea but be ready to make some amount of compromise as to the profit sharing part. Also, you must be very convincing for the venture capitalist to buy into your idea and that you are the best to implement the plan...

One needs to be very careful while dealing with venture capitalists(VC). There are many cases where VC has removed the person who had the idea in first place. And later sold the idea to someone else.
Many have taken advantage of VCs and vice versa.
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January 24, 2017, 03:12:31 PM
 #13

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

Well, basically he highlighted everything you need to know to get some money for capital. But the best would be the last one. We all have to work hard to get the capital we need to invest. Just be careful after you get that capital, don't just invest in anything. Study the investment before you fully commit. Take care of your hard earned money.
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January 24, 2017, 06:57:03 PM
 #14

I have the same problem - there is an idea, but no money for its implementation. I have tried many things, but simply because the money can not be obtained. We need to work very hard in order to raise capital
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January 24, 2017, 08:10:42 PM
 #15

You can share your idea or company with financial investors, they invest on your idea, and they receive a part of the earnings on your company. But to find investors your idea has to be the best, and you need an advanced plan, not only the idea. The other options are about debt, banks don't give you money if you don't have a collateral of similar value.
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January 24, 2017, 08:29:40 PM
 #16

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 depends on type of business. If you aren't rich, you can't make great business and invest millions. For small business you can to borrow money from bank in exchange of house or etc if you won't repay. Another way is to tell your ideas to some investors and atteackt them with that idea, of course there is chanse of idea stealing. I can't see any different alternative.

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Star.Wars (OP)
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January 26, 2017, 09:23:19 PM
 #17

There are three things that you must consider in finding a capital. First is opportunity, if there are no oportunity presented in front of you then you will not earn your capital. Second is perseverance and skill, even with opportunity in front of you if it dont matches your skill it is still useless. Third is you need luck, this is the most important ingredient if you dont have luck you will not met an opportunity that matches your skills.

Why am I saying this its because I love business but I dont have capital. So what I did was to learn ways to earn online,many opportunity presented itself to me but it was out of my ability and so I learn the skills to be used in online jobs and luck came I was hired as a moderator on a bitcoin site and I am earning extra income. The profit that I earned from my online jobs was used in my business which is farm financing.

Can a person with first and second items create their own luck?
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January 26, 2017, 09:41:09 PM
 #18

There are skills and hobbies in life that payout beyond work. By no means is working excluded, it just may be too tedious in these worrisome conditions to remain sane while living.

Stocks, Bonds, Real Estate as well as all internet properties can grow beyond to what labor can do... Always aim for profitable long term opportunity while entering into the short term workplace.

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January 26, 2017, 11:18:25 PM
 #19

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.

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January 26, 2017, 11:27:47 PM
 #20

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.
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