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Topic: How is the capital found? - page 3. (Read 3676 times)

sr. member
Activity: 285
Merit: 250
February 04, 2017, 11:40:06 AM
#49
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
full member
Activity: 182
Merit: 100
February 04, 2017, 11:10:14 AM
#48
(Angel Investor)

In general, people first think about finding capital and then starting a business. But nowadays you can build your business even if you have no capital. There are many investors who support startup company. If you trust your business idea, you can apply for a program that supports your venture projects.

Later an angel investor can provide you with the capital to grow your business. By buying a certain percentage of your company.
legendary
Activity: 1120
Merit: 1008
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February 04, 2017, 10:54:01 AM
#47
Crowdfunding is better option than taking loan from banks however it is not feasible for every business and to start business with crowdfunding there is lots of steps/limitation to operate legally.

You can secure your shares/stakes in your business without investing any pennies from your pocket and also you don't have to worry about paying out interest on loans, if you can collect seed money from crowdfunding.
sr. member
Activity: 350
Merit: 250
February 04, 2017, 10:24:48 AM
#46
If you don't have the means to start a bussiness then don't build until your ready , If you are to build a bussiness then you must me financially ready because there is a lot of risk involved when having a bussiness you aren't sure if it will gain profit or normt ! asking for loan that you can't pay if you're bussiness failed will cause you a big trouble so if you're not ready yet just hold until your season come , just be patient !
I agree with you bro why you need to loan and why you are making things so fast if you can't afford to start one ! If I where you I will just save money until I have the enough funds I need to start and use my preparation time to build a solid bussiness plan ! and when I am ready I will just execute my plan !
hero member
Activity: 588
Merit: 500
February 04, 2017, 10:11:37 AM
#45
If you don't have the means to start a bussiness then don't build until your ready , If you are to build a bussiness then you must me financially ready because there is a lot of risk involved when having a bussiness you aren't sure if it will gain profit or normt ! asking for loan that you can't pay if you're bussiness failed will cause you a big trouble so if you're not ready yet just hold until your season come , just be patient !

That is the main reason why loans usually require collateral. Not every business that was built ended up being a successful one. There's much more business that went down than the business that are still running. The bank is a smart institution. You either have a solid business plan or you have a valid collateral. Otherwise, they wouldn't lend you money. Even when it comes to simple debt like using credit card, they wouldn't give you one if they don't think that you can't pay for your maximum credit amount.
legendary
Activity: 1386
Merit: 1020
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February 04, 2017, 09:31:11 AM
#44
The most common way to find capital is to get a loan at bank. Sometimes crowdfunding is used, but this does not work for things like a concrete factory.
Getting a loan to a bank would be the fastest and best way if you are looking for a capital but these method do really need a strong collateral regarding on the said loan and if people dont have capability to represent some then there are lots of second options but it would be a sacrificial thing ex. selling items/assets/.
sr. member
Activity: 434
Merit: 250
February 04, 2017, 09:24:52 AM
#43
If you don't have the means to start a bussiness then don't build until your ready , If you are to build a bussiness then you must me financially ready because there is a lot of risk involved when having a bussiness you aren't sure if it will gain profit or normt ! asking for loan that you can't pay if you're bussiness failed will cause you a big trouble so if you're not ready yet just hold until your season come , just be patient !
sr. member
Activity: 391
Merit: 250
February 04, 2017, 09:21:27 AM
#42
The most common way to find capital is to get a loan at bank. Sometimes crowdfunding is used, but this does not work for things like a concrete factory.
hero member
Activity: 882
Merit: 506
February 04, 2017, 09:20:00 AM
#41
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.

Wow that is amazing! How much were you able to pool up and what business did you build with your money? Is it online and you paid with bitcoin too? I've been working for bitcoin for already 1 and a half year and I would say I don't have a single bitcoin yet. That makes me sad, I can't build a business yet with this.
hero member
Activity: 1764
Merit: 584
February 04, 2017, 09:13:52 AM
#40
You either get it out of your own or other people's pockets. I heard somewhere that you only need an idea, you can get others to fund it if they find it good enough. First people you'd probably go to would be family and friends, never underestimate small amounts put together. With technology today, it became possible to crowdfund, making it much easier for other's to pitch-in.

As for traditional banking, I've only had experience with credit cards. Though it does put you into debt, if that debt is making money anyway, then it's a debt worth having. I personally use it to buy merchandise, I pay for exactly what I would have paid for with cash. Granted, things are not working well right now so I have to let one of my cards go.

Goodbye my little plastic, I've only used you like just twice. Too soon... ;(
hero member
Activity: 826
Merit: 502
February 04, 2017, 08:38:32 AM
#39
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
I will not advice you to borrow for investment from beginning. If you have maybe $100 you can start leverage trading. With a hundred dollars you can leverage up $19900 from fxopen or semplefx. Though leverage trading is like two eng swords you can still succeeded if you developed your skills and knowledge on how it works. Another options is through credit card.

What's the difference of using a credit card and borrowing from the banks? Nothing at all. Both of them put you in debt. I think asking banks for a loan would even be a much better choice because they review your business plan and they analyze first if it's going to be profitable or not and if you're going to be able to pay for the loan at the given time from that business.

It's only normal that you get a loan if you don't have the capital but have an idea for business. People do it all the time. On the contrary, people use loans for ridiculous stuffs like buying a new phone or a new laptop. That's not how you use loans since you should use it for something that will make you able to repay the bank.
hero member
Activity: 1106
Merit: 502
February 04, 2017, 07:23:51 AM
#38
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.
legendary
Activity: 1652
Merit: 1057
February 04, 2017, 07:02:48 AM
#37
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 alternative is to get credit from financial institutions especially the small to medium scale financial creditors who's core mandate is to invest into new company's. You should have good credit as well as some sort of credible collateral.
I am not sure about most of the countries, but in my country availing loan needs more documents and some times we need to follow cross routes too (like bribes and recommendations). Literally you may need to expose all your business secrets to avail loans. Loans will not be suitable for unique concept based new business for that reasons.

Personally I never prefer going for loans for business purposes. I started my trading only after acquiring enough capital, similarly I will follow same methods for any business too.
sr. member
Activity: 756
Merit: 253
February 04, 2017, 04:39:59 AM
#36
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 alternative is to get credit from financial institutions especially the small to medium scale financial creditors who's core mandate is to invest into new company's. You should have good credit as well as some sort of credible collateral.
sr. member
Activity: 812
Merit: 251
February 04, 2017, 04:09:09 AM
#35
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 only way is to get an appealing business proposal and search for a loan from friends and loved ones or cooperation sand even people who dream of investing in your business-like ideas. The net is wide and your proposal need to be appealing enough.
sr. member
Activity: 924
Merit: 260
February 03, 2017, 10:47:48 AM
#34
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
I will not advice you to borrow for investment from beginning. If you have maybe $100 you can start leverage trading. With a hundred dollars you can leverage up $19900 from fxopen or semplefx. Though leverage trading is like two eng swords you can still succeeded if you developed your skills and knowledge on how it works. Another options is through credit card.
hero member
Activity: 686
Merit: 500
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February 02, 2017, 12:45:54 PM
#33
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

Through crowd funding(bank for the future site is good one for you to start) or find investors. Nowadays the investors prefer to investing in start-up, it can be a chance for you to looking for.
It's back to your project and how you presenting your idea, plan and development. Awesome presentation is the key to attract such investors.
Keep in your mind, mostly bitcoin players is come from a trader and an investors, the rest is just a faucet hunter(lol).
legendary
Activity: 1904
Merit: 1074
February 02, 2017, 11:15:11 AM
#32
Your best bet, IF you have a proper business plan... would be to start a crowd funding or Kickstarter campaign. If this fails, you could borrow

some money from the bank or search for a investor. I started my first business with money that I borrowed from friends and family... but

this has it's drawbacks and carry a lot of family drama and baggage, if you fail. I was lucky... it was successful and I paid them back with

interest.  Grin
hero member
Activity: 798
Merit: 506
February 02, 2017, 11:10:36 AM
#31
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
Savings is the best way in my opinion, but you need an early start to get as much as you can.
Depends on what kind of business you want to do, however, many people had tried with small amount of capital and could manage the money and costumers which makes them have bigger budget right now. The best business is who can offer the best services that many people looking for it.
member
Activity: 72
Merit: 10
February 02, 2017, 10:47:48 AM
#30
https://www.kickstarter.com

Don't get too excited though, they might want you to provide some doable theories and step by step instruction.
Just don't do a crapcoin launch please in the name of ICO Cheesy.

I know this site. Some scammers are raising money to develop the project. Then we look at the project is canceled Smiley
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