Why is it difficult for people to get capital easily?

[lombok]

There are various ways to get capital. After I was 24 years old, I independently worked as a freelance website editor online with Brazilians, and several other side jobs as a writer, grab and go-car driver while studying at one of the universities where I live. And fortunately, 1 year before graduating from college, I got an offer to work on a website related to bitcoin and blockchain with a bitcoin salary of up to 7 years. From there I built a career and established relationships with cryptocurrency-based people who gave me many opportunities to get Bitcoin savings, of course this cannot be separated from the role of the bitcointalk forum, during the ICO boom I think it wasn't just me, many of the members of this forum also got a lot of profits from the ICO bubble at that time in 2016-2017.

The point is that if there is a will there will definitely be a way, do what OP can and focus on the goal. In the beginning, it felt difficult and I was still dependent on my parents, but since I was able to find a rhythm and continue learning, gradually we were able to be free from the shackles.

[Dickiy]

Depends on where you come from because in my country, it's easy to find a service so you can get a loan for your business idea but the problem on that one is it's stacked with tons of paperwork so it's not worth for many people to try it when they could just do a normal work. Maybe because those loan services are working on the same hour as the working common man is a proof that it's difficult to get a loan and most of these loan services have the same days that they're closed when most people also have a day off and another reason is probably because most people don't have the time anyway.

Yes actually for this problem does depend on the situation and conditions and also yes a little with their willingness, if indeed you are in a country that is quite easy for you in terms of loans for its people then yes obviously with that then you may not have problems with the name of capital, as long as you have good planning and management about the business that you will run, because of course you have to think not only in terms of capital but careful preparation that should be the main concern, because it is not uncommon for people who have a lot of capital but experience failure in their business journey.

Yes although your country may provide loan assistance but it doesn't mean that you will easily get it because obviously it's not just you who wants it but probably most of the people in your country. You mentioned about the time issue here and I think it is manageable, although they are quite busy with their normal work but surely they will be able to find some time that will support them to come to the loan service on time, I don't think it is a serious problem because they have other family members such as for example his wife who can come to the loan service, or if they still can't they can just ask their boss at work to take at least one day off to go there.

[Dunamisx]

Getting a capital is not an easy task to do because it's requires time and efforts to raised money and to also get the required amount needed, so the issue that lies here also is about how many people are ready and willing to pay the demand it takes, another thing that concerns most is the fact that if one should succeeded in having the money, maintain using it for the business sustainability, I've seen many business start ups having a good start but ended like flame along the way because of lack of adequate manage.

[btc78]

i came from a country where family is very important and it will never ever be acceptable for you to turn your back on them you have to help them when they need it even if you’re quite suffering yourself

what i can suggest is for you to say no sometimes you have to establish realistic financial goals set goals that you should be able to save x amount of money at the end of the month remember i said realistic so you’ll be able to reach them and if you can’t do this with your family always asking you for money then it’s clear what you have to do

[Arenga pinnata]

Until now I am still in a position to collect capital. And yes, the capital target I want is still not achieved. But I am currently continuing to struggle to quickly get it on target. I also have several plans about the business that I will build. But I see that the real challenge right now is the economic condition in my country. Mainly I see a decrease in buyer power in the market. Or in other words, currently the decline in buyers in the market is starting to become clearly visible. So that made me think a bit about whether I should start a business immediately or wait until economic conditions improve. I personally was taught to be independent even from school. I went to school even while working part time. But I didn't continue to a higher level. And I've spent more time relaxing in recent years and also exercising a lot, which is one of my hobbies. And maybe this is the year I start to get serious about building my own finances. So I started collecting capital this year by working part time or whatever can make money in a good way. But until now I have not dared to ask my family or my own parents for capital. Because maybe I'm not used to all that. I prefer to build everything my own way.

[NeilLostBitCoin]

Obtaining a large amount of capital can be a difficult task particularly when you are in debt to your siblings and find it challenging to refuse when they ask for financial assistance. This is a challenge that we all face. We can see the opportunities in front of us but the only thing standing in the way of achieving our goals is a lack of capital. Even if we do manage to obtain the necessary funds we may still question whether these opportunities are truly viable when we have the capital.

Its important to allocate a designated amount of money each month for your relatives based on their basic needs. Stick to this amount until they understand that it's the maximum amount you can give for now until you have saved enough capital. This will help you manage your finances better while still supporting your loved ones.

[icalical]

I haven't live so long, but in my short life I haven't heard anyone build a successful business without getting a loan from the Bank. Sure some of them might start with their own money, but they started it with a very small business and then when they need to expand they will took some loan from a bank. Most of people I know use their house or any type of real estate/land as collateral to get their loan. And it's get even harder to save up some money for capital when the inflation is through the roof and the price for basic needs is surging.

[DVlog]

Why do we all have different thinking and personalities? We evolved based on our surroundings and our education. Knowledge is important and it helps people make decisions based on facts.

How did you get your capital to start that business you are doing today? Or do you experience some things like this from your relatives, because to get capital these days is not easy for me, and there are some people all over the world looking for way to get this capital to start a good business but is not easy for them. Can you share your experience on how you get your capital.

My father brought me a laptop that I have been using till now. I have learned some skills and have been selling my service till now which is helping me generate enough money to live on. We all have different stories along with the challenges we have faced. Asking for money from relatives is a bad thing, you can offer them a share of your business so that you can distribute your risk with them all.
 

[bitzizzix]

You should focus on what you are saying, that you are working hard to get capital to start the business you want. Planning a business is not an easy thing and when you start planning to raise funds for a business there will definitely be a temptation to require you to spend some money on business capital for help or important needs for yourself or family members. And this depends on you and if you are consistent with your plan, you will not use the money you collect.
And if there is no other way than to raise your own money independently, why not, and you have to do it consistently and the best way is to look for additional income or additional work to accelerate your business plan. Building a business from effort, hard work and patience is what will determine the fate of your business because you can learn from the start. And if your business is successful, you can invest in Bitcoin and you can do both to become successful and your financial freedom.

[DubemIfedigbo001]

I'll tell you something and I'll be straight to the point, No one will trust you with money if you've no assets to show as collateral. In essence, I mean its hard to get capital as a startup, unless its from family members who believe in you. Bank loans are approved to those whom have good collaterals to present. Government loans for startups in my country are even taken by the so called distributors. They set the standard of  loan and grant collection so high that a mere struggling startup would not have all requirements to access such loans. The worst is to use loan sharks for startups, they start collecting back their loans from the next month without giving little time for the money to settle in the business and start multiplying before they start demanding repayment.

Long story cut short, OP you're in charge of providing the capital for your business by yourself. How you will do that isn't easy at all, but you must do it.
Increase your value. Learn one or two skills and offer paid services to people, save up a part of the money you need lets say 40 - 60%. Now when you go to seek funds from people or companies, you're no longer begging for money to start the business, NO, now you'll be looking for collaborators or investors who will partner with you in the business of yours. Believe me, people will tend to support you more and not look at you like a simple beggar, but a businesswoman if your business idea is very sound.

[Negotiation]

It is very difficult for people to get capital easily it is never possible to get capital without hard work. Financial knowledge and decision making skills to increase capital help people weigh options and make informed choices for their financial situation. Things like deciding how and when to save and spend cutting costs before a big purchase and planning for long-term savings need to be learned about. An individual maximizes the available financial resources through proper management of his money to best achieve his financial goals and objectives.

[Inwestour]

You should focus on what you are saying, that you are working hard to get capital to start the business you want. Planning a business is not an easy thing and when you start planning to raise funds for a business there will definitely be a temptation to require you to spend some money on business capital for help or important needs for yourself or family members. And this depends on you and if you are consistent with your plan, you will not use the money you collect.
And if there is no other way than to raise your own money independently, why not, and you have to do it consistently and the best way is to look for additional income or additional work to accelerate your business plan. Building a business from effort, hard work and patience is what will determine the fate of your business because you can learn from the start. And if your business is successful, you can invest in Bitcoin and you can do both to become successful and your financial freedom.

Creating a capital is not such a simple task, for this it is not enough to just work and save some part of your income, for this you need to learn how to invest these funds and this must be done very smartly and carefully, so as not to lose funds, but especially at the beginning of your journey, you need to take risks to significantly increase your capital. And when the capital becomes large enough, you can concentrate on minimizing the risks to your investments and choosing more conservative investments, despite the fact that the income will be less.

[rat03gopoh]

but I have worked with many companies but to save the money is the issue because of the disturb of my siblings which I love so much.

If you consider investment important, then prioritize it in your financial plan. The first lesson, no one should be able to intervene in your finances if you want to achieve "financial freedom".
I know this is a difficult decision, but the choice is yours whether you want to overcome your difficulties sooner or you have to be stuck with the situation longer. Helping or returning someone else's kindness doesn't have to be immediate.

[inthelongrun]

It depends on the family status since there are also people who are born rich or have the influence or connections. For average people, it is not easy to save money to have capital. We need to finish college and then work hard to get a promotion since the higher position we have in our jobs the higher the salary which also means higher savings.

But for people born poor, it'll be much more difficult and it'll be lucky to even get a college degree. And when we graduate college and get a job, we also need to help our family and relatives. We need to work harder to get a salary increase, or we can get another sideline job or start a business with very small capital.

[michellee]

I get capital for my business from my investment in Bitcoin. I was lucky to get to know Bitcoin before the price rose so high that I was able to collect a lot of satoshis at that time. I succeeded in selling it at a high price, which I then used to open a business and save and use it to buy Bitcoin again.

But I also still help my relatives, my younger siblings, and sometimes my friends who are still experiencing economic difficulties. I hope that everything can make the road I'm on run smoothly. However, many people look for capital to start their business by borrowing money from the bank. I don't know how they calculated to be able to return the loan money. But they managed to pay it off on time.

Well, everyone is trying to do something to change their lives. And if we keep trying and don't give up, we can definitely succeed. And even though we often experience failure, that shouldn't stop us from trying because, behind that failure, there is pending success. So keep at it and don't give up.

[Kelvinid]

I know that we all want to become rich and financially stable but not all have been given the chance to make it, some have just become a dream.
In fact, many of the people who have a job have hardly made savings, how much more for jobless people or those who work on the minimum wage and solely rely on their salary, we can never expect from them for sure.

To start a business and having capital is not that easy especially if you don't have that goal as well. As we can see, a lot of people prefer to work rather than have a business and that is because it is not all about money, it is also if you have the capability to run it.

[Razmirraz]

The main problem you are facing right now is your emotional bond with your family. Apart from having to pay for your own needs, you also have to pay for your family's needs. As long as your income does not increase, it will be difficult for you to get capital to achieve the dreams you have always aspired to.
You cannot ignore them because the success you are achieving now is due to their support and economic assistance. This condition might change someday when you need their help, family is the first person who always puts us first. Try to find friends or relatives who you can invite to start the business you dream of, this way it might speed up the process rather than having to wait for enough personal capital to start a business.

[Xcode7]

It depends on the family status since there are also people who are born rich or have the influence or connections. For average people, it is not easy to save money to have capital. We need to finish college and then work hard to get a promotion since the higher position we have in our jobs the higher the salary which also means higher savings.

But for people born poor, it'll be much more difficult and it'll be lucky to even get a college degree. And when we graduate college and get a job, we also need to help our family and relatives. We need to work harder to get a salary increase, or we can get another sideline job or start a business with very small capital.

If rich people don't need to talk about it anymore, they have privileges that make it easier for them to do everything, not just capital that they can easily get but relationships from their extended family that will make it easier for them to do what they want.
And that cannot be compared with poor people, it is difficult for them to get an education and to get capital, not many people believe in them without guarantees.

However, if we look broadly, everyone can get capital and the state makes this easy through state-owned banks, but again everything must have guarantees because no one can be trusted unless there is a business that is already running and has made a profit.

[Dzwaafu11]

How did you get your capital to start that business you are doing today? Or do you experience some things like this from your relatives, because to get capital these days is not easy for me, and there are some people all over the world looking for way to get this capital to start a good business but is not easy for them. Can you share your experience on how you get your capital.

Every big thing starts small. You cannot jump into business today and start living a big life, as you said earlier, so if you really want to start up a business, you can do that with even small capital. By managing the business, it will be big in the future. People you see living a big life with their business money didn’t start it big; they also started it small. So when you say that you want a business that you will live a big life, I think you will find it difficult because the kind of lifestyle you want to leave, you won’t get it with a small amount of capital. So I will advise you to start up a business if you have the capital, even if it’s small. In the future, the business will be big, and you will live the kind of life you want.

Talking about your relatives, people must demand from you as far as you are earning, so for your siblings to ask you for money, I think it is a normal thing that everyone comes across with people around them. However, for me, for them to request money from you will not stop you from starting business since they’re in school, and you also have elder brothers. I believe you will not be the only person they will ask for money from every time they spend money in school, so you will be the one to budget something for your relatives and then start investing in business. Because you will think and because of the family, you will hustle for more ways to earn money so that you will get what they want and also set up a business for yourself.

[arimamib]

It depends on the family status since there are also people who are born rich or have the influence or connections. For average people, it is not easy to save money to have capital. We need to finish college and then work hard to get a promotion since the higher position we have in our jobs the higher the salary which also means higher savings.

But for people born poor, it'll be much more difficult and it'll be lucky to even get a college degree. And when we graduate college and get a job, we also need to help our family and relatives. We need to work harder to get a salary increase, or we can get another sideline job or start a business with very small capital.

it's not the best idea of having capital by getting job, it's not like it's impossible, but it need high skill and experience for people to have big wage for their job. it takes time. That's just the way to have financial stability for average people. the best option is to start a business based on skill so people can develop their own business to a big scale of business.

starting a business have bigger risk than getting a good job. but if people's aim is to get capital, then the option is to go on "high risk high reward" way. if people have their finance aim, they need to choose a way where can control of their own finance, this is why starting business is the best way.