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Topic: How is the capital found? - page 2. (Read 3688 times)

hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
March 27, 2017, 08:48:58 AM
#69
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.

legendary
Activity: 2366
Merit: 2054
March 27, 2017, 08:39:14 AM
#68
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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
March 27, 2017, 08:03:16 AM
#67
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 think you told us everything about earning capital  Grin
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  Cry
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.
hero member
Activity: 882
Merit: 528
March 27, 2017, 07:46:14 AM
#66
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 think you told us everything about earning capital  Grin
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  Cry
sr. member
Activity: 301
Merit: 250
March 27, 2017, 06:52:27 AM
#65
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.
legendary
Activity: 2366
Merit: 2054
March 27, 2017, 05:29:38 AM
#64
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 .
hero member
Activity: 3080
Merit: 603
March 27, 2017, 04:48:59 AM
#63
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.
full member
Activity: 238
Merit: 100
March 27, 2017, 01:38:15 AM
#62
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.
hero member
Activity: 3052
Merit: 606
March 27, 2017, 01:35:50 AM
#61
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.
hero member
Activity: 644
Merit: 501
March 27, 2017, 12:38:24 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".
hero member
Activity: 1666
Merit: 502
March 26, 2017, 08:44:21 PM
#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
hero member
Activity: 1134
Merit: 502
March 26, 2017, 07:13:22 PM
#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.
hero member
Activity: 840
Merit: 500
March 26, 2017, 06:16:01 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.
legendary
Activity: 1218
Merit: 1007
March 26, 2017, 02:22:41 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.
full member
Activity: 177
Merit: 100
March 26, 2017, 02:18:40 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
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
March 26, 2017, 01:33:02 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.
hero member
Activity: 630
Merit: 500
March 26, 2017, 09:34:52 AM
#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
hero member
Activity: 910
Merit: 500
March 26, 2017, 09:03:54 AM
#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
sr. member
Activity: 1484
Merit: 323
March 26, 2017, 08:58:11 AM
#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.
member
Activity: 72
Merit: 10
February 18, 2017, 10:20:06 AM
#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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