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Topic: How is the capital found? - page 4. (Read 3673 times)

full member
Activity: 210
Merit: 100
January 28, 2017, 09:39:22 AM
#29
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

There is no shortcut to success and you can't just start a business without capital. And you can't just ask a loan for having no source of income that will just put you in the deep of debt. I suggest that start from the beginning, try to find for a decent job and look for the company that will pay good compensation. And manage to save money while working their make saving as your priority. It will always be a happy feeling that you are the one who is going to manage your own money.
Thats true if you enter in a Business world you need small or big amount of money as your capital you cant start if you dont have a capital.Just like I said you can get capital by requesting loan in bank or in lending corporation but please be careful if you availing loan just take the best offer.

I understand that not all of us here can avail to request or ask the bank for loans as they need to be investigated by the credit team. And with op's status for sure he can't be approved for a loan, if he doesn't have a decent job because he is asking for a business which has no capital. Maybe being a real estate agent can be a good one.

I tried to get a loan from the bank for business. I had to prove the profitability of the future project. But the ban has decided not to my advantage. I was given a very small amount. I did not even take it. I do not have enough
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
January 28, 2017, 07:00:25 AM
#28
I believe the main issue is not always the capital, how visible is the business idea and also the go to market strategy. If you can find like minds who are competent, with a good go to market strategy, you would find investors to invest in your project. Crowdfunding has proved that right, alot of investors are willing to risk the money on a good idea, Just look at the amount of funds raised from this forum through ICOs almost every month.
hero member
Activity: 756
Merit: 502
January 28, 2017, 04:52:03 AM
#27
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

The most clear message, but there is also something missing : the crowdfunding. In case your businesss is innovative you can use those platforms. And in case it is not you should simply not open it since you will be facing great difficulties to make money with it !
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 28, 2017, 02:39:56 AM
#26
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

There is no shortcut to success and you can't just start a business without capital. And you can't just ask a loan for having no source of income that will just put you in the deep of debt. I suggest that start from the beginning, try to find for a decent job and look for the company that will pay good compensation. And manage to save money while working their make saving as your priority. It will always be a happy feeling that you are the one who is going to manage your own money.
Thats true if you enter in a Business world you need small or big amount of money as your capital you cant start if you dont have a capital.Just like I said you can get capital by requesting loan in bank or in lending corporation but please be careful if you availing loan just take the best offer.

I understand that not all of us here can avail to request or ask the bank for loans as they need to be investigated by the credit team. And with op's status for sure he can't be approved for a loan, if he doesn't have a decent job because he is asking for a business which has no capital. Maybe being a real estate agent can be a good one.
hero member
Activity: 756
Merit: 503
Crypto.games
January 27, 2017, 06:48:01 PM
#25
Why post the same thing?
I’m pretty confident that for every newbie the most suitable way to find capital is the FFF that is friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors https://www.entrepreneur.com/article/52742. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.
I’m pretty confident that for every newbie the most suitable way to find capital is the (FFF) as Americans tenderly say friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.

@OP, For capital, usually it's inheritance, if you don't have that, then it'd be loans from family or friends. If that doesn't work, then it'd be banks.
If you can't get one from that as well then it's either you're some incredibly smart and talented innovator and can get investors interested or you go the most normal route, which is to save, save, and save.
copper member
Activity: 1330
Merit: 899
🖤😏
January 27, 2017, 02:18:26 PM
#24
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.
full member
Activity: 141
Merit: 100
January 27, 2017, 02:18:06 PM
#23
I’m pretty confident that for every newbie the most suitable way to find capital is the FFF that is friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors https://www.entrepreneur.com/article/52742. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.

I do not agree with you. I participated in these companies, but no one of my projects supported, as well as friends. It is very difficult to create a project that is interesting. To do this, a lot of effort
hero member
Activity: 1148
Merit: 504
January 27, 2017, 02:04:51 PM
#22
Get a job, work hard, climb the corporate ladder. When you are on top earning lots of money, start your own business. If you are starting from the bottom (0), there is no other way but to work hard. Getting loans will not cut it. The interest will kill your business before you can even begin.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
January 27, 2017, 01:53:34 PM
#21
I’m pretty confident that for every newbie the most suitable way to find capital is the FFF that is friends, family and fools. These people  because of their family ties lend money without consider the business idea of the borrower. Besides that if it is an innovative start up business you must consider the idea of angel investors https://www.entrepreneur.com/article/52742. Essentially, it covers the gap between the money given by FFF and Venture Capitals already searching applied ideas of several million dollars.
legendary
Activity: 1148
Merit: 1048
January 26, 2017, 06:27:47 PM
#20
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

There is no shortcut to success and you can't just start a business without capital. And you can't just ask a loan for having no source of income that will just put you in the deep of debt. I suggest that start from the beginning, try to find for a decent job and look for the company that will pay good compensation. And manage to save money while working their make saving as your priority. It will always be a happy feeling that you are the one who is going to manage your own money.
Thats true if you enter in a Business world you need small or big amount of money as your capital you cant start if you dont have a capital.Just like I said you can get capital by requesting loan in bank or in lending corporation but please be careful if you availing loan just take the best offer.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 26, 2017, 06:18:25 PM
#19
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

There is no shortcut to success and you can't just start a business without capital. And you can't just ask a loan for having no source of income that will just put you in the deep of debt. I suggest that start from the beginning, try to find for a decent job and look for the company that will pay good compensation. And manage to save money while working their make saving as your priority. It will always be a happy feeling that you are the one who is going to manage your own money.
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
January 26, 2017, 04:41:09 PM
#18
There are skills and hobbies in life that payout beyond work. By no means is working excluded, it just may be too tedious in these worrisome conditions to remain sane while living.

Stocks, Bonds, Real Estate as well as all internet properties can grow beyond to what labor can do... Always aim for profitable long term opportunity while entering into the short term workplace.
member
Activity: 72
Merit: 10
January 26, 2017, 04:23:19 PM
#17
There are three things that you must consider in finding a capital. First is opportunity, if there are no oportunity presented in front of you then you will not earn your capital. Second is perseverance and skill, even with opportunity in front of you if it dont matches your skill it is still useless. Third is you need luck, this is the most important ingredient if you dont have luck you will not met an opportunity that matches your skills.

Why am I saying this its because I love business but I dont have capital. So what I did was to learn ways to earn online,many opportunity presented itself to me but it was out of my ability and so I learn the skills to be used in online jobs and luck came I was hired as a moderator on a bitcoin site and I am earning extra income. The profit that I earned from my online jobs was used in my business which is farm financing.

Can a person with first and second items create their own luck?
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
January 24, 2017, 03:29:40 PM
#16
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 depends on type of business. If you aren't rich, you can't make great business and invest millions. For small business you can to borrow money from bank in exchange of house or etc if you won't repay. Another way is to tell your ideas to some investors and atteackt them with that idea, of course there is chanse of idea stealing. I can't see any different alternative.
legendary
Activity: 1470
Merit: 1001
January 24, 2017, 03:10:42 PM
#15
You can share your idea or company with financial investors, they invest on your idea, and they receive a part of the earnings on your company. But to find investors your idea has to be the best, and you need an advanced plan, not only the idea. The other options are about debt, banks don't give you money if you don't have a collateral of similar value.
full member
Activity: 210
Merit: 100
January 24, 2017, 01:57:03 PM
#14
I have the same problem - there is an idea, but no money for its implementation. I have tried many things, but simply because the money can not be obtained. We need to work very hard in order to raise capital
sr. member
Activity: 310
Merit: 250
January 24, 2017, 10:12:31 AM
#13
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

Well, basically he highlighted everything you need to know to get some money for capital. But the best would be the last one. We all have to work hard to get the capital we need to invest. Just be careful after you get that capital, don't just invest in anything. Study the investment before you fully commit. Take care of your hard earned money.
sr. member
Activity: 770
Merit: 268
January 24, 2017, 07:11:35 AM
#12
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

Another way to go about that is what is called Venture Capitalist, here you sell your idea to someone who has the money but not the idea but be ready to make some amount of compromise as to the profit sharing part. Also, you must be very convincing for the venture capitalist to buy into your idea and that you are the best to implement the plan...

One needs to be very careful while dealing with venture capitalists(VC). There are many cases where VC has removed the person who had the idea in first place. And later sold the idea to someone else.
Many have taken advantage of VCs and vice versa.
legendary
Activity: 1918
Merit: 1728
January 24, 2017, 03:38:56 AM
#11
How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?
Bank loan is known as term loan since they add term to the loan i.e. collateral. If you got collateral to offer, you can grab loan easily. However, loan for productive purpose (business) is not so easy. Usually banks charges high rates on them along with tough conditions regarding repayment.
So best is to seek partner in your business who can act as sleeping partner and you carry business for all. However, you need a convincing idea indeed!
hero member
Activity: 994
Merit: 544
January 24, 2017, 03:27:33 AM
#10
There are three things that you must consider in finding a capital. First is opportunity, if there are no oportunity presented in front of you then you will not earn your capital. Second is perseverance and skill, even with opportunity in front of you if it dont matches your skill it is still useless. Third is you need luck, this is the most important ingredient if you dont have luck you will not met an opportunity that matches your skills.

Why am I saying this its because I love business but I dont have capital. So what I did was to learn ways to earn online,many opportunity presented itself to me but it was out of my ability and so I learn the skills to be used in online jobs and luck came I was hired as a moderator on a bitcoin site and I am earning extra income. The profit that I earned from my online jobs was used in my business which is farm financing.
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