Finestream
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March 27, 2017, 06:35:50 AM |
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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 is to save, that way you will not be in a big risk even if you will not succeed in whatever business you want to try. Desperate people take it from loans which I strongly disagree, that is a gamblers move and they will take bigger risk just to bet on their skills to run the business successfully. However, it's their decision and I have nothing to do but respect it but in my point of view it's not advisable.
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fathur.aza
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March 27, 2017, 06:38:15 AM |
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if I thought the capital of a central place where people come together and become the center of the city and that's where the seat of government was established.
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batang_bitcoin
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March 27, 2017, 09:48:59 AM |
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There are a lot of ways to start a business when you don't have capital. First is by asking those people who had a lending business. There are a lot of cooperatives that allows people to start their business for low interest. And also if you are a regular employee it's better to save your salary and use it for starting your own business.
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Chikito
Legendary
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Activity: 2534
Merit: 2076
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March 27, 2017, 10:29:38 AM |
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MCM (capital - commodity - capital), is a fixed formula. because human power is a commodity, it does not hurt us to sell human power to obtain capital in the case of the smallest. because if we have the capital for other jobs, it is better. when it was the passage of time does not hurt to also borrow money .
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pseexh
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March 27, 2017, 11:52:27 AM |
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MCM (capital - commodity - capital), is a fixed formula. because human power is a commodity, it does not hurt us to sell human power to obtain capital in the case of the smallest. because if we have the capital for other jobs, it is better. when it was the passage of time does not hurt to also borrow money .
But this formula starts with capital. That is, initially there must be money to build a business. Not everyone has them and not everyone can take a loan. It is very difficult to get the initial capital.
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Roboabhishek
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March 27, 2017, 12:46:14 PM |
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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 -work like a mule eat cheap crap and save money Hope the guide will prove useful I think you told us everything about earning capital The best option I like were Marry into a rich family and inherit money, however, rob a bank : DD really? taking the loan from the bank is a bad idea unless you are sure that you can repay the loan with interest. For some people Work like a mule eat cheap crap and save money is good who don't have any other option left
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TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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March 27, 2017, 01:03:16 PM |
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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 -work like a mule eat cheap crap and save money Hope the guide will prove useful I think you told us everything about earning capital The best option I like were Marry into a rich family and inherit money, however, rob a bank : DD really? taking the loan from the bank is a bad idea unless you are sure that you can repay the loan with interest. For some people Work like a mule eat cheap crap and save money is good who don't have any other option left For the productive loan, those banks will seem to support you as some governments are also encouraging people to take a loan if it's really necessary for the sake of growing the business sector inside their countries, thus, they'll simplify the requirements and process of requesting a loan. Honestly, it's ain't bad way if you're requesting a loan for something that will give you earning weekly or monthly. It's mean, you will be able to pay the loan you've requested and there's no problem on it. just if you can manage to keep up your business.
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Chikito
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March 27, 2017, 01:39:14 PM |
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MCM (capital - commodity - capital), is a fixed formula. because human power is a commodity, it does not hurt us to sell human power to obtain capital in the case of the smallest. because if we have the capital for other jobs, it is better. when it was the passage of time does not hurt to also borrow money .
But this formula starts with capital. That is, initially there must be money to build a business. Not everyone has them and not everyone can take a loan. It is very difficult to get the initial capital. Yes, possibly with the cooperation can also sell human resources or skills possessed this will make money, and be kickstarter at the beginning of the business to be run. such as self-management.
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justdimin
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March 27, 2017, 01:48:58 PM |
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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 is to save, that way you will not be in a big risk even if you will not succeed in whatever business you want to try. Desperate people take it from loans which I strongly disagree, that is a gamblers move and they will take bigger risk just to bet on their skills to run the business successfully. However, it's their decision and I have nothing to do but respect it but in my point of view it's not advisable. But getting required funds through saving might take more time. I believe going for well planned loans would be the right way of achieving funds required for starting up as well as running a business. Many people never bother about initial running costs. They plan up only for initial set up cost. Practically both are very important.
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pitham1
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March 27, 2017, 03:43:03 PM |
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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 is to save, that way you will not be in a big risk even if you will not succeed in whatever business you want to try. Desperate people take it from loans which I strongly disagree, that is a gamblers move and they will take bigger risk just to bet on their skills to run the business successfully. However, it's their decision and I have nothing to do but respect it but in my point of view it's not advisable. But getting required funds through saving might take more time. I believe going for well planned loans would be the right way of achieving funds required for starting up as well as running a business. Many people never bother about initial running costs. They plan up only for initial set up cost. Practically both are very important. Even if you find lenders to give you money (well planned loans), they would expect you to be sufficiently invested in the business (bring in substantial equity as well). Typically, lenders enter when the risks are lower (not at the start up stage).
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genny2kuk
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It Can Only Get Better
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March 27, 2017, 06:21:19 PM |
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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 easiest way to raise capital for a new project is through social capital, where someone close to you invests in it. The investor does this because they trust you, believe that you have both the competence and character to drive the project into success. So before you approach anyone for this kind of capital, make sure you have worked on yourself in the areas of trust, character and competence.
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audaciousbeing
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March 27, 2017, 06:41:10 PM |
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How can someone who has no capital find the capital needed to start his own business? Credit, Debt etc. What are alternative ways like?
After reading a lot of responses, some are definitely funny like marrying from a rich family like rich people will always advertise they are looking for suitors, going the way of banks might even kill the business before it starts, the only sure way I can think of is partnership where people with the skills can liase with those with funds to make the dream come true at an agreed profit sharing ratio and if its loss then no issue.
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btcdevil
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March 27, 2017, 06:46:24 PM |
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How can someone who has no capital find the capital needed to start his own business? Credit, Debt etc. What are alternative ways like?
Their are ways to create a capital like if you want capital in Income Tax file then you can contact your chartered accountant to create a IT file with old database and create a capital through which you can enjoy it while doing business apart from that what ever you earn just start to save little bit and in some time you will see that you have created a good capital for your future
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OneUnderBridge
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March 27, 2017, 06:58:06 PM |
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The first investment you should make is an investment into your own education. Once you acquire an education, a skill and a unique perspective, build social equity! Take advantage of the social network resources available to you and accumulate credibility to elevate your reputation. If you have a novel idea that's well developed, opportunity will present itself.
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equator
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March 27, 2017, 07:01:12 PM |
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Capital cannot be found it has to be created and this you can do by doing small investment and save little by little and then you will see that you have saved a lot and that is call capital created and then you can use it according to your plan.
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jack1111
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March 27, 2017, 08:39:15 PM |
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If you believe that you have a good idea or something different, you can post your project on some sites where you might attract some investors to your idea, this is the best way to launch a startup and grow it.
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panju1
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March 28, 2017, 12:44:43 AM |
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How can someone who has no capital find the capital needed to start his own business? Credit, Debt etc. What are alternative ways like?
Their are ways to create a capital like if you want capital in Income Tax file then you can contact your chartered accountant to create a IT file with old database and create a capital through which you can enjoy it while doing business apart from that what ever you earn just start to save little bit and in some time you will see that you have created a good capital for your future What are you talking about? You are talking about accounting jugglery to create capital out of thin air? That does not work, especially in developed countries.
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Hydrogen
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March 28, 2017, 08:18:19 AM |
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How is the capital found? Common methods : business loan, hard loan, sponsors, venture capitalists, creative financing, crowdfundung sites like patreon/kickstarter, gofundme, donations, et al. The internet has a wealth of information that can be accessed through search engines, forums, mailing lists & other avenues.
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Fatanut
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March 28, 2017, 05:07:41 PM |
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If you believe that you have a good idea or something different, you can post your project on some sites where you might attract some investors to your idea, this is the best way to launch a startup and grow it.
That's just going to work out (most of the time) if you have some really bad-ass idea. But if you're going to set up a coffee shop or something that's really common, people aren't going to invest in your project. You will have better chances of getting a capital from bank loans whereas you have to show them business plan. This way, not only you'll get a capital, you will also get some "consultation" or some opinion about your business if it's going to work out or not. Those people that are in the banks aren't new to that thing so they know what's a good business and what is not. So, if you didn't get accepted, your business will probably not work out anyway.
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doaremon
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March 29, 2017, 08:37:11 AM |
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There are many ways to find the capital needed. If you have the right mindset and business plan no one can prevent you from success. If you have any skill you can get paid for it easily, physical work can also bring you money,and if you can find an investor for your business, that will also work.Your main target should be making it more. Many entrepreneurs worth million has started from nothing. Good luck
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