How is the capital found? - page 5. | Bitcointalksearch.org

olubams

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Quote from: Star.Wars on January 23, 2017, 06:33:16 PM

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...

lol3c

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Quote from: coolcoinz on January 23, 2017, 07:03:11 PM

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 really love the idea marry into a rich family LOL. Actually, if you have a rich wife or a rich husband, it is certain that you do not have to do much. You just need to stay there and do the housework and help him/her to raise your kids. It is a little bit risky to open a business because you can lose your capital if you do not have any experience

hoop

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NOBT - WNOBT your saving bank◕◡◕

You need an excellent degree of professional skill in the field has a future. It is a guaranteed way to get capital, whether by skill or by investors have their attention to invest their money in your project.

icecube45

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Merit: 1000

Quote from: HabBear on January 24, 2017, 12:08:13 AM

If you're looking for investors you should write up a business plan to explain what your business will be/do, how you believe you will make a profit (and how long it will take), and what you'll do with the investment you receive.

A business plan should answer all questions an Investor could ask.

With that in hand you can pitch people your idea - family, friends, community members, whomever.

True, I think looking for investors is better way in my opinion because if you a loss investor can not requesting a refund because it was entrusted entirely to you. But if you're profit investors are entitled to the profit sharing from the profits that you receive. But you're right, to get an investor is not easy, you have to make investors believe your plan and must conform the investor wants. So to get the capital will be more secure by looking for investors than with debt or credit.

GreenBits

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Activity: 1148

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Quote from: Star.Wars on January 23, 2017, 06:33:16 PM

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 to get capital to your business just request a loan to the bank or in any lending services.If you need a big amount of capital just go on bank and offered them a collateral if its a small amount only you can ask a loan request to some lending services near on your area.

HabBear

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If you're looking for investors you should write up a business plan to explain what your business will be/do, how you believe you will make a profit (and how long it will take), and what you'll do with the investment you receive.

A business plan should answer all questions an Investor could ask.

With that in hand you can pitch people your idea - family, friends, community members, whomever.

1Referee

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Merit: 1427

Debt is a relative term, but that's basically the only option where you take out a loan from whatever entity. Or some one (e.g. family member) must hand you over plenty of money without wanting it back, but that doesn't seem like a realistic scenario. Even crowd funding can be seen as some sort of a loan-debt since people willing to invest in your project want something back (e.g. equity, money, etc). Another option that some people tend to do, is put their house on the line as collateral. It's probably the worst form of trying to attract capital, but there are people desperate enough to proceed with this. If things don't go to plan, then these people will regret it for the rest of their lives.

coolcoinz

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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

Star.Wars

member

Activity: 72

Merit: 10

How can someone who has no capital find the capital needed to start his own business?
Credit, Debt etc. What are alternative ways like?

Topic: How is the capital found? - page 5. (Read 3673 times)