How to developed your capital

[adzino]

What exactly do you mean by "develop" here? You mean build your capital? Then the only way to do it is through saving and investing. Reading "financial" books or watching videos won't honestly be helping you. Experiencing is a whole different thing and you learn more when you experience it in real life. Also you need to be discipline and be responsible financially. Most people fail to save because they tend to buy things that they don't actually need. And like you said, you should only spend what you can afford to spend. The "afford" part includes your capital too. Spend what you have left after you have saved enough to build your capital.

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[Jatiluhung]

What about people who don't earn enough? You can build capital by making investments or even saving if you have a family to feed and also have a very small income which is barely enough for your personal expenses, a person in such a situation cannot build capital or develop one since they can't create one in the first place. The very first thing for a person is to be able to earn more than they need to spend because if you can't even spare a dollar, you can't build your future.

However, those who have enough resources to do that should obviously follow some pattern and get things done right in their lives before it's too late. There is a specific age for doing something, once you miss that age and enter an age where you can't do anything, you will regret wasting your youth.

It is true that in this world not everyone is in good shape financially. Because there is still much that we can find about people who have only enough income to meet the needs of their families. And it is difficult for them to leave money for capital. So they do not even have the opportunity to develop capital. Because even they do not have any money left that can be used as capital. The solution in conditions like that really only has to have a side job and make more money than usual. Maybe it will reduce the rest time but if you don't do side jobs then it is not easy for someone who only has a mediocre income to be able to get up and improve their finances by gathering capital from side jobs and developing it.

[bangjoe]

What about people who don't earn enough? You can build capital by making investments or even saving if you have a family to feed and also have a very small income which is barely enough for your personal expenses, a person in such a situation cannot build capital or develop one since they can't create one in the first place. The very first thing for a person is to be able to earn more than they need to spend because if you can't even spare a dollar, you can't build your future.

However, those who have enough resources to do that should obviously follow some pattern and get things done right in their lives before it's too late. There is a specific age for doing something, once you miss that age and enter an age where you can't do anything, you will regret wasting your youth.

Capital is not always about money, if your income is stagnant and has no increase and is only sufficient for daily needs with your family which makes you unable to start in the first place in building a better financial, you can increase your knowledge and capital capital first, because it will make it easier for you to get access to increase income, and from there you can raise your capital for investment or business, that is not a reason if you want to be more advanced, the basis must be fixed first, if you force an increase income you with the skills and knowledge like that, it will make you have to spend a long time and effort.

This is indeed not as easy as it is said, but try to keep trying, yes, even though there are some people who miss this opportunity even though they have the opportunity to increase your capital, let it be a life choice, because this cannot be assumed, it can only be be regretted by people who do not have the same position, but want to have that opportunity.

[BigBos]

What about people who don't earn enough? You can build capital by making investments or even saving if you have a family to feed and also have a very small income which is barely enough for your personal expenses, a person in such a situation cannot build capital or develop one since they can't create one in the first place. The very first thing for a person is to be able to earn more than they need to spend because if you can't even spare a dollar, you can't build your future.

However, those who have enough resources to do that should obviously follow some pattern and get things done right in their lives before it's too late. There is a specific age for doing something, once you miss that age and enter an age where you can't do anything, you will regret wasting your youth.

It is true that in this world not everyone is in good shape financially. Because there is still much that we can find about people who have only enough income to meet the needs of their families. And it is difficult for them to leave money for capital. So they do not even have the opportunity to develop capital. Because even they do not have any money left that can be used as capital. The solution in conditions like that really only has to have a side job and make more money than usual. Maybe it will reduce the rest time but if you don't do side jobs then it is not easy for someone who only has a mediocre income to be able to get up and improve their finances by gathering capital from side jobs and developing it.

Well it's true, everyone has different financial strengths and also they have different ways of earning so the results they get are also very different, and I would add that people's abilities have their own limits so it really affects them in finding the income possible. So this is one of the biggest contributing factors as to why it's hard for them to build something like a business that can expand their income, but with such a low income it's very hard to get a little bit ahead. I agree with you that this makes it difficult for them to take advantage of opportunities to expand in terms of capital. And then it's true that a lot of us end up looking for other alternatives by looking for part-time jobs to be able to increase income, on average they have two jobs, offline and online.

[Raflesia]

What about people who don't earn enough? You can build capital by making investments or even saving if you have a family to feed and also have a very small income which is barely enough for your personal expenses, a person in such a situation cannot build capital or develop one since they can't create one in the first place. The very first thing for a person is to be able to earn more than they need to spend because if you can't even spare a dollar, you can't build your future.

However, those who have enough resources to do that should obviously follow some pattern and get things done right in their lives before it's too late. There is a specific age for doing something, once you miss that age and enter an age where you can't do anything, you will regret wasting your youth.

Capital is not always about money, if your income is stagnant and has no increase and is only sufficient for daily needs with your family which makes you unable to start in the first place in building a better financial, you can increase your knowledge and capital capital first, because it will make it easier for you to get access to increase income, and from there you can raise your capital for investment or business, that is not a reason if you want to be more advanced, the basis must be fixed first, if you force an increase income you with the skills and knowledge like that, it will make you have to spend a long time and effort.

This is indeed not as easy as it is said, but try to keep trying, yes, even though there are some people who miss this opportunity even though they have the opportunity to increase your capital, let it be a life choice, because this cannot be assumed, it can only be be regretted by people who do not have the same position, but want to have that opportunity.

A very good point Bangjoe because in the end as you say when we still cannot develop capital in terms of material, of course we can develop ourselves in terms of knowledge and competence in order to have more qualifications so that when we have the opportunity to increase capital in terms of finance we already have a good self-improvement in order to develop the money we have as capital as well as the skills and knowledge that we have upgraded to become better.
I also agree that things like this will not be easy but if we cannot go beyond this process then no matter how much capital we have in the end when our knowledge is still below then everything will remain stagnant and the capital (money) we have will still not be able to grow.

[Hamphser]

What about people who don't earn enough? You can build capital by making investments or even saving if you have a family to feed and also have a very small income which is barely enough for your personal expenses, a person in such a situation cannot build capital or develop one since they can't create one in the first place. The very first thing for a person is to be able to earn more than they need to spend because if you can't even spare a dollar, you can't build your future.

However, those who have enough resources to do that should obviously follow some pattern and get things done right in their lives before it's too late. There is a specific age for doing something, once you miss that age and enter an age where you can't do anything, you will regret wasting your youth.

It is true that in this world not everyone is in good shape financially. Because there is still much that we can find about people who have only enough income to meet the needs of their families. And it is difficult for them to leave money for capital. So they do not even have the opportunity to develop capital. Because even they do not have any money left that can be used as capital. The solution in conditions like that really only has to have a side job and make more money than usual. Maybe it will reduce the rest time but if you don't do side jobs then it is not easy for someone who only has a mediocre income to be able to get up and improve their finances by gathering capital from side jobs and developing it.

Well it's true, everyone has different financial strengths and also they have different ways of earning so the results they get are also very different, and I would add that people's abilities have their own limits so it really affects them in finding the income possible. So this is one of the biggest contributing factors as to why it's hard for them to build something like a business that can expand their income, but with such a low income it's very hard to get a little bit ahead. I agree with you that this makes it difficult for them to take advantage of opportunities to expand in terms of capital. And then it's true that a lot of us end up looking for other alternatives by looking for part-time jobs to be able to increase income, on average they have two jobs, offline and online.

Outcomes or results would really be different on each person on which it is true that we do have different ways and dealings into particular things and comes up with different decisions and solutions on which not all would really be sharing up with the same idea or conclusion on things.Therefore, results wont really be the same as well. We know that in investment world or business
which it doesnt automatically be considered out to be that a success. You would be needing to pass up lots of challenges and struggles before you would be able to hit up that situation.

Its not something that you would be just simply putting some money and then wait up for you to harvest your profits. It do still basically be needing on that kind of management and decision making which is also a factor that would be determining whether you would succeed or not.In business then it would be a matter of success or fail but somewhat there are really situations
on which it does really need up some mix of luck for you to be that successful on this field.

[rachael9385]

Well I don't think that developing capital to start a business is something hard for an educated person, if you are well educated you can easily get even not full capital you can get half to start anything which you are planning for, it is said that a wisdom man is stronger than the strongest person because of his wisdom's.
If someone is educated and he needs capital to start up a business, the person should just look for a job and work get paid and use the salaries to start up a business for him selfs but if the person is thinking of to continue working at the company he can just open the business and put someone to manage the business either relatives or maybe a good close friend and then continue his monthly jobs, that's double assets.

[panganib999]

If you’re living in an Asian household/with a family that doesn’t mind you crashing in for a while so you can come up with the money for your business, do so. You’ll be surprised at how much you’ll be able to save especially with rent. If it comes to the point where you’re avle to start your business, it’s easier to hire relatives/family members too and they would appreciate the gesture as well as it means you’re trusting them.

It’s all about transparency and paying it back when you’re able to get your big break. So if your family doesnmt mind accommodating you as a youth while you setup your business and all that, might as well my friend.

[Jatiluhung]

What about people who don't earn enough? You can build capital by making investments or even saving if you have a family to feed and also have a very small income which is barely enough for your personal expenses, a person in such a situation cannot build capital or develop one since they can't create one in the first place. The very first thing for a person is to be able to earn more than they need to spend because if you can't even spare a dollar, you can't build your future.

However, those who have enough resources to do that should obviously follow some pattern and get things done right in their lives before it's too late. There is a specific age for doing something, once you miss that age and enter an age where you can't do anything, you will regret wasting your youth.

It is true that in this world not everyone is in good shape financially. Because there is still much that we can find about people who have only enough income to meet the needs of their families. And it is difficult for them to leave money for capital. So they do not even have the opportunity to develop capital. Because even they do not have any money left that can be used as capital. The solution in conditions like that really only has to have a side job and make more money than usual. Maybe it will reduce the rest time but if you don't do side jobs then it is not easy for someone who only has a mediocre income to be able to get up and improve their finances by gathering capital from side jobs and developing it.

Well it's true, everyone has different financial strengths and also they have different ways of earning so the results they get are also very different, and I would add that people's abilities have their own limits so it really affects them in finding the income possible. So this is one of the biggest contributing factors as to why it's hard for them to build something like a business that can expand their income, but with such a low income it's very hard to get a little bit ahead. I agree with you that this makes it difficult for them to take advantage of opportunities to expand in terms of capital. And then it's true that a lot of us end up looking for other alternatives by looking for part-time jobs to be able to increase income, on average they have two jobs, offline and online.

So true. And ironically at this time in some developing countries the main job is sometimes the amount of salary is not too big. Or it could be said that the amount of salary received from a basic job from an offline job cannot cover the basic needs of someone who already has a family. And sometimes at this time online side jobs can actually make more money than the main job offline. Maybe every region and job has different conditions. But as far as I'm concerned in certain areas the base salary is too low in value when compared with the increase in inflation which never stops. This is what makes everyone have to work harder by working on the side. But fortunately today there are many side jobs as Freelancers that can be done from anywhere online which can also generate quite a lot of money. But not everyone is willing to learn about online jobs. This is what may also make it difficult for someone to develop their finances. Because they don't want to develop themselves by adapting to increasingly advanced technology.

[Joshapat]

There are many ways for us to be able to raise capital, and in my opinion the easiest thing to get capital is to look for a loan from a bank, if we already have a business that has been running for at least 3 years it will be easier to find additional capital, of course we have to calculate the ideal amount that can still be we pay .

[dothebeats]

If you’re living in an Asian household/with a family that doesn’t mind you crashing in for a while so you can come up with the money for your business, do so. You’ll be surprised at how much you’ll be able to save especially with rent. If it comes to the point where you’re avle to start your business, it’s easier to hire relatives/family members too and they would appreciate the gesture as well as it means you’re trusting them.

It’s all about transparency and paying it back when you’re able to get your big break. So if your family doesnmt mind accommodating you as a youth while you setup your business and all that, might as well my friend.

Good point. Make the most of what you have, the connections and resources you already have allow you to have more. However, just a little side note, trust is very important in this aspect, as well as ensuring that you are not being taken advantage of and vice versa. As crazy as it sounds, you cannot fully trust anyone when it comes to business and money, even family. After all, money is the root of all evil. Hence, it is best to still keep some things only to yourself while expressing gratitude to those who helped you.

[bitLeap]

There are many ways for us to be able to raise capital, and in my opinion the easiest thing to get capital is to look for a loan from a bank, if we already have a business that has been running for at least 3 years it will be easier to find additional capital, of course we have to calculate the ideal amount that can still be we pay .

It's not very effective, but we have to be able to find ways to develop capital from businesses that are already running, and that doesn't have to be lending to banks, in fact, this will actually add to the burden on the company, which will be even more burdensome.
I think it's better for us to find other ways, for example making the business / business grow to get big profits and then it can be used as additional capital.

I think borrowing is something that we should avoid, because without us realizing it, problems will arise. It will be very easy to get money from loans, but we must think carefully before making a loan.
I am talking about this based on what I see from my surroundings. Several times I saw someone who had a fairly developed business, then later they took out a loan because they wanted to further expand their business, what they got was just the opposite. Their business fell apart, and they also had to pay their debts.
From this I learned that borrowing can be one of the triggers of problems.

[Bloodseekers]

There are many ways for us to be able to raise capital, and in my opinion the easiest thing to get capital is to look for a loan from a bank, if we already have a business that has been running for at least 3 years it will be easier to find additional capital, of course we have to calculate the ideal amount that can still be we pay .

It's not very effective, but we have to be able to find ways to develop capital from businesses that are already running, and that doesn't have to be lending to banks, in fact, this will actually add to the burden on the company, which will be even more burdensome.
I think it's better for us to find other ways, for example making the business / business grow to get big profits and then it can be used as additional capital.

I think borrowing is something that we should avoid, because without us realizing it, problems will arise. It will be very easy to get money from loans, but we must think carefully before making a loan.
I am talking about this based on what I see from my surroundings. Several times I saw someone who had a fairly developed business, then later they took out a loan because they wanted to further expand their business, what they got was just the opposite. Their business fell apart, and they also had to pay their debts.
From this I learned that borrowing can be one of the triggers of problems.

Now it will be very easy for us to get a loan as long as we have a guarantee, you are right we have to think before making a loan whether you will be able to pay it after making a loan. Maybe what you see is that those who have a business that is not ready to develop and they make loans to expand their business will certainly create problems for them because their business is not ready to be developed, so before choosing to seek additional capital to develop a business, it is necessary to study the existing business. we live so that we don't use the wrong additional capital for our business from the loan, of course this will create new problems for our business.

[marcous]

Overall I find the steps very good, and I agree with the points. But on the other hand, there is an obstacle which in my opinion is very basic, namely beginners really need guidance. This means that in every stage that is taken to develop their money in the capital market, beginners really need a mentor to support and provide an overall picture of the benefits and risks.

Finally, in every decision making, they will not be shaken by the sometimes volatile market situation. I think this is just a personal assumption, of course each will have a different perception based on his experience.

[tygeade]

But it's too much, we also have to be realistic in managing and enjoying life. Everything that the OP said is very true, but there are some things that must be developed within oneself and that is quite important, namely working hard to be able to apply these things and working hard to try to achieve whatever.
Capital is often a problem, but not for people who have high confidence and innovation in doing positive things.

When I was a kid, they used to tell us to go to school, come out and get a good job that is paying and we are going to have a good lifestyle but now things are changing. There are many persons that have a job but the job is not giving them comfort. The phases of life and how we are going to make it in life is gradually changing. Hard work pays before but not now. There are people that are doing hard work but they are not making it at all which is why we need to do smart work. Life I'd getting worse as a result of the inflation we are facing from the government making life hard for people to bear.

Unfortunately parents raise their kids for the time they lived, not for the time they are going to live. For example, my dads time was a period when English was becoming more important at work, so he wanted me to go to college and learn English, and because of that there were a lot of people who studied English and learned it at my age group, since all our dads wanted to learn but couldn't and was too late, and because of that we did, but because we all did at the same time, speaking English doesn't make anyone a lot of money at all.

I believe that we need to focus on making our kids learn stuff that will benefit them in their own future. A lot of parents are teaching their kids how to code now, but coding is todays job, it won't be as profitable 20+ years later.

[molsewid]

Overall I find the steps very good, and I agree with the points. But on the other hand, there is an obstacle which in my opinion is very basic, namely beginners really need guidance. This means that in every stage that is taken to develop their money in the capital market, beginners really need a mentor to support and provide an overall picture of the benefits and risks.

Finally, in every decision making, they will not be shaken by the sometimes volatile market situation. I think this is just a personal assumption, of course each will have a different perception based on his experience.

Yes, they need some guide it could be learn by books or by videos in Youtube. Everything can be learn now in this space nothing is impossible. But yes developing your capital for your business or project is kinda hard if you are doing it just for yourself. I knew it because I have an experience in that kind of thing before but I fail because I didn't took the risk and I limit myself.

[Casdinyard]

If you’re living in an Asian household/with a family that doesn’t mind you crashing in for a while so you can come up with the money for your business, do so. You’ll be surprised at how much you’ll be able to save especially with rent. If it comes to the point where you’re avle to start your business, it’s easier to hire relatives/family members too and they would appreciate the gesture as well as it means you’re trusting them.

It’s all about transparency and paying it back when you’re able to get your big break. So if your family doesnmt mind accommodating you as a youth while you setup your business and all that, might as well my friend.

Good point. Make the most of what you have, the connections and resources you already have allow you to have more. However, just a little side note, trust is very important in this aspect, as well as ensuring that you are not being taken advantage of and vice versa. As crazy as it sounds, you cannot fully trust anyone when it comes to business and money, even family. After all, money is the root of all evil. Hence, it is best to still keep some things only to yourself while expressing gratitude to those who helped you.

Both you guys make equally valid points. As a thriving businessman myself (I recently just opened a venture of my own which I'm really proud about), it is way easier to hire close friends, and family members since you don't need to screen them with interviews anymore, and you're able to place them in positions that you know they are capable of since you've known these people for a good while. And while the trust with money is true, I say that it's way easier to handle when you're the boss who pays these people. Long as you guys come up with a passable payment and have it signed through a contract, you guys should be good.

Utilizing your available resources is a perfect way to ensure that not only are you going to have the capabilities to come up with the capital, it's also going to ensure that your business stays afloat through thick and thin.

[fauzan Ichsan]

Overall I find the steps very good, and I agree with the points. But on the other hand, there is an obstacle which in my opinion is very basic, namely beginners really need guidance. This means that in every stage that is taken to develop their money in the capital market, beginners really need a mentor to support and provide an overall picture of the benefits and risks.

Finally, in every decision making, they will not be shaken by the sometimes volatile market situation. I think this is just a personal assumption, of course each will have a different perception based on his experience.

Yes, they need some guide it could be learn by books or by videos in Youtube. Everything can be learn now in this space nothing is impossible. But yes developing your capital for your business or project is kinda hard if you are doing it just for yourself. I knew it because I have an experience in that kind of thing before but I fail because I didn't took the risk and I limit myself.

of course everyone will have their own way of thinking and ways to develop capital, but for beginners I think there should be a lot of sharing with experienced people so they can take lessons from those experiences. because often even though they have a large income, many people cannot manage their finances so that capital cannot develop until the business runs stagnant, things like that that seem easy but sometimes become one of the obstacles in doing business

[Don Pedro Dinero]

Overall I find the steps very good, and I agree with the points. But on the other hand, there is an obstacle which in my opinion is very basic, namely beginners really need guidance.

Well, the OP has not been back to answer some of the questions we have asked him, so it seems to me that he was more interested in getting credit than in debating with us. I would have liked him to have answered this question:

So, do you have a lot of capital as a result? Or is it just a compilation of ideas you have seen on the internet? I say this because if you had followed it in practice and it worked, it should have resulted in a good amount of capital.

The things you say are not bad but every time I see a post like this I think the same, if it is not someone who has taken those ideas from the internet but has not applied them, at least for the moment.

There is plenty of information on finance available on the internet these days, it's just a matter of a little searching, and the fact that the OP has not won a single merit makes me think that he has not contributed anything extraordinary either.

[dothebeats]

If you’re living in an Asian household/with a family that doesn’t mind you crashing in for a while so you can come up with the money for your business, do so. You’ll be surprised at how much you’ll be able to save especially with rent. If it comes to the point where you’re avle to start your business, it’s easier to hire relatives/family members too and they would appreciate the gesture as well as it means you’re trusting them.

It’s all about transparency and paying it back when you’re able to get your big break. So if your family doesnmt mind accommodating you as a youth while you setup your business and all that, might as well my friend.

Good point. Make the most of what you have, the connections and resources you already have allow you to have more. However, just a little side note, trust is very important in this aspect, as well as ensuring that you are not being taken advantage of and vice versa. As crazy as it sounds, you cannot fully trust anyone when it comes to business and money, even family. After all, money is the root of all evil. Hence, it is best to still keep some things only to yourself while expressing gratitude to those who helped you.

Both you guys make equally valid points. As a thriving businessman myself (I recently just opened a venture of my own which I'm really proud about), it is way easier to hire close friends, and family members since you don't need to screen them with interviews anymore, and you're able to place them in positions that you know they are capable of since you've known these people for a good while. And while the trust with money is true, I say that it's way easier to handle when you're the boss who pays these people. Long as you guys come up with a passable payment and have it signed through a contract, you guys should be good.

Utilizing your available resources is a perfect way to ensure that not only are you going to have the capabilities to come up with the capital, it's also going to ensure that your business stays afloat through thick and thin.

Thank you, and I agree with you on knowing the skills of your staff and workers, especially since you already know them closely. Additionally, the point about having a contract is a vital point as well, this will ensure that business is business and there are policies to follow, it also strengthens the trust between you and your workers (family or not).