Why is it difficult for people to get capital easily? - page 3.

mirakal

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Quote from: fullhdpixel on November 17, 2023, 04:21:01 PM

Quote from: vanesha on November 15, 2023, 10:18:55 PM

I realize it is difficult but ask yourself again. This is not a very difficult thing in terms of earning but how do we collect it little by little from our work salary that we set aside. If we want to get large capital quickly of course it will be difficult. learn to start frugality and save for the future.

Saving and arranging capital isn't a problem for people who earn well, have their businesses, and aren't employed and earn a minimum wage which is barely enough for them to complete the monthly expenses of their household. Such people sometimes have to borrow money to complete the expenses for the whole month and then worry about repaying that debt with whatever they earn or maybe get some bonus once or twice a year or something.

So, for someone to be able to get capital, they must either have a high-paying job, a personal business that earns good revenue, or more than one income sources so that they can spend money on their personal expenditures and still have money left behind that they can save for their capital.

Still, even if you have a high paying job but the demands from your family and relatives are also high and expensive, then it’s still hard to save for your investment capital. However, if you have the discipline and determination to save, of course you will really find ways to save.

I guess what works for me here is to have another source of income that pays also well, not just one but even two if you can. With that, there’s always high chances to save for your investment capital. And even if it won’t work in the beginning, you will never easily panic because you only invest your spare money, not actually the salary from your main source of income.

lixer

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Quote from: Vaskiy on November 18, 2023, 07:46:30 PM

Lack of planning and thinking in the short term perspective. We should have the savings mind, only then it is possible to have good capital being built in short time period. Whenever we spend on something we need to postpone it for a week, if we were able to have our life moving without any difficulty then what we planned to buy isn't a necessary one. This way we can stop spending on unwanted things and the savings can be improved. Little savings and more investment will help us with better capital being built at the targeted timeline.

That might be true for some, but for others, there might not even be a possibility to be able to have savings this way because someone who doesn't earn enough will barely buy anything extra but they find it to be a blessing if the money they earn turns out to be enough for the whole month. In many cases, a family man is required to borrow money from others to be able to fulfill all the needs of the household and the family for the whole month because they don't earn enough and inflation keeps rising over time.

If you are paid $500 when the inflation rate is at 25%, and get the same amount after the inflation rate goes to 35%, you will face problems because you won't be able to get a product at the same price now that you could get before, still, you are getting paid the same amount in these situations.

goinmerry

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Quote from: Zanab247 on November 14, 2023, 01:11:46 AM

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.

Getting capital or starting money to start a business is really a tough challenge for most people due to the fact that we have our own respective financial situations. Lucky for some people that born wealthy in finance they can risks right away some money to start their business or investments.

Aside from problems in getting capital, it's also hard to choose the right business.

Even there's money to start with, there are other factors to consider before setting up a business. We have a small business called "sari-sari store" (basically selling goods and variety of products) here in our place and prior to its inception, it takes about years of saving money.

Ludmilla_rose1995

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Quote from: Zanab247 on November 14, 2023, 01:11:46 AM

I came to discovered that, there are many opportunities all over the world for people to embrace by investing some huge amount of money on a particular business and start living a big man life in the country. I have been working hard to get capital to start my own business, so that I will have financial freedom to invest in BTC and any kind of business that will make me not to reduce to zero level in the country 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. I was in their shoes before when I was in school some years ago before I became a graduate, and anytime I made demand of anything from my elder brother and sister they must respond to me well by sending the money and food stuff when I was in school, and the day they refuse to respond to me, I will be seriously angry with them not to pick their calls or reply their chat at the moment until they look for way to solve my problem.
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.

It's not easy to get capital nowadays, especially if you were born from a poor family and don't have any privileges. Apart from that, banks are usually very selective in approving loan applications made by borrowers, they will be very careful to avoid bad credit which is likely to occur in future. Business capital is really needed to support a business that is starting to be built. Without capital support it will be difficult for a business to develop. In some cases, banks can actually approve loan applications easily, so lucky are the people who succeed in getting it.

Tomcolor

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In fact, in business, we give more priority to the forehead, but every business has profit or loss, so one should be more careful in terms of own experience and money investment. The way to earn money is never easy and every step requires you to put in hard work. As with labor in crypto you need to pursue your knowledge more. And to get profit from investment you need to be patient as well as risk taking.

CageMabok

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Quote from: wajik-tempe on November 18, 2023, 03:08:08 PM

I appreciate your realistic view on the difficulties of obtaining capital, and it's true that not everyone has the luxury of simply obtaining substantial funds. It is critical to be resilient, educate yourself on financial methods on a regular basis, and pursue unusual routes to achieve your goals. The journey itself can offer significant lessons and open unexpected possibilities.

People who still don't have the capital to carry out their plans in life or to pursue something in life can do so by working hard in job sectors that can provide a good income in life. And for those who already have capital to run something or some kind of business, it is very important for them to find out how to use capital well and also how to maintain it so that they don't experience losses when used in a business. Because now apart from being difficult to find capital, it is also not easy to manage capital so that you don't experience losses.

tjtonmoy

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Diversify. It is the key to become successful. It's a simple word but holds a great meaning. As you have mentioned, these days opportunities are everywhere and all you need to do is invest your time to learn certain skills that are required for those jobs or works. There's a saying that goes like this, salary is a drug that your employer gives you to keep you away from your dream. When you work for someone else, you cannot make up times to pursue other works. This is why, you need to become your own boss. Having an open mind will open up every opportunity that you see. All you have to do is invest your time and gain experience from them.

I have been working since I was 12. I have tried out many things in my life and I am still doing different kinds of work every now and then. The moment you limit yourself to only one thing or one job, success will never be easy. Break that chain and go out, follow your dreams, try to do works that you love and finally save up to pursue the bigger dream that you have. Never disrespect or look down to any work. Should always respect what brings food to your table.

Yatsan

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Quote from: Vaskiy on November 18, 2023, 07:46:30 PM

Lack of planning and thinking in the short term perspective. We should have the savings mind, only then it is possible to have good capital being built in short time period. Whenever we spend on something we need to postpone it for a week, if we were able to have our life moving without any difficulty then what we planned to buy isn't a necessary one. This way we can stop spending on unwanted things and the savings can be improved. Little savings and more investment will help us with better capital being built at the targeted timeline.

Circumstances and indeed, lack of plans. If you’re an employee even with a minimum wage, you’d still have an amount for investments even little by little. Some people are just in circumstances wherein their savings for investments are being used because of urgency and some are just afraid to embrace the risk in any kind of investment. The rule is to invest an amount you can afford losing but in reality most of the investors are worried of loss which is just a normal thing. There are also people who wants to start investing big which pushes them to save but whenever their savings are being consumed, they would be in doubt ‘coz the impression of small capital will lead only to small profit. If anything is planned, nothing could go wrong. Baby steps on investments is a plan. Saving is a plan, and our daily expenses should also be planned. Most of the time, things are all in our hands.

Vaskiy

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Lack of planning and thinking in the short term perspective. We should have the savings mind, only then it is possible to have good capital being built in short time period. Whenever we spend on something we need to postpone it for a week, if we were able to have our life moving without any difficulty then what we planned to buy isn't a necessary one. This way we can stop spending on unwanted things and the savings can be improved. Little savings and more investment will help us with better capital being built at the targeted timeline.

Dunamisx

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Maybe we should also ask about the reason behind why it is very easy to be poor and being rich comes with alot of demands, we should know that every good thing in life requires efforts and patients to achieve while the bad ones comes easily without going through any struggles, you needed to get capital all because you wanted to make business, but don't be surprised that none will be ready to help than you first start by helping yourself find a means to source for the capital you need.

oktana

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I try as much as possible to not borrow money from anyone at all for any reason, let alone for investment purpose. The questions will arise in your mind; “what if this business doesn’t scale up?” What will you do in such case because trust me, the owner of the money (the bank or anyone at all) will not want to hear your excuse and you’ll be under presssure to pay them back even when it wasn’t successful for you. So, it’s better to invest with your own funds.

wajik-tempe

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Quote from: Captain Corporate on November 17, 2023, 07:15:03 PM

Honestly? Not really fixed it, what you need to realize is that not everyone in the world can find capital, that's just something you have to accept from the get go. Now after realizing that not everyone in the world gets to do that, and even almost all of the people do not get to do that, and the best you can ever hope for is having a house and a car when you die to show off and nothing more that's it, then you will start to realize only a minority amount of people have that kind of capital. That is the first step, second step is to figure out how you could get there, and I know that we do not have a recipe to get there, but you could definitely work hard to find the way, I do not have an answer for you, but I have the emotional support to tell you that if you fail and do not have capital ever, that's fine, that's most of the world.

I appreciate your realistic view on the difficulties of obtaining capital, and it's true that not everyone has the luxury of simply obtaining substantial funds. It is critical to be resilient, educate yourself on financial methods on a regular basis, and pursue unusual routes to achieve your goals. The journey itself can offer significant lessons and open unexpected possibilities.

Bananington

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Quote from: Zanab247 on November 18, 2023, 02:37:06 PM

Quote from: Captain Corporate

Honestly? Not really fixed it, what you need to realize is that not everyone in the world can find capital, that's just something you have to accept from the get go. Now after realizing that not everyone in the world gets to do that, and even almost all of the people do not get to do that, and the best you can ever hope for is having a house and a car when you die to show off and nothing more that's it, then you will start to realize only a minority amount of people have that kind of capital. That is the first step, second step is to figure out how you could get there, and I know that we do not have a recipe to get there, but you could definitely work hard to find the way, I do not have an answer for you, but I have the emotional support to tell you that if you fail and do not have capital ever, that's fine, that's most of the world.

With the ideas I have received from different people in this trend show that this is a normal thing that will not last forever, and I believe some day I will be in my own house,cars Business that will be giving me money to invest in BTC and other cryptocurrencies. My issues is my siblings because, the year I will advice myself to save some money that will give me capital, it will be the year something important that need urgent money for my siblings to solve will come up and, all eyes will be on me, and there is no way I will not release that money for them to be at peace. I think, not everybody is created to be a business owner because I have see many people around my environment living a good life but they don't have business.

I don't lack money , but to gather the money to start a business is a tough thing for me, maybe am not destiny to own a business, but I will continue trying with the strategy some people gave here to see what next year will look like.

You are right in saying not everyone is destined to own a business. It has always been so and to think of it, if everyone owns a business, who will be the workforce?
The best approach to act realistically about establishing a business is to first map out a good plan. Divide the goals into small tasks to attain before the plan can work. If there is a good plan written, it can be shown to people of friends who might be interested in sponsoring the business idea to fruition.
It doesn't always have to be monies from your pocket in full or a larger chunk as imagined.

Hit: at least, 10% of your earnings is yours to keep.

Zanab247

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Quote from: Captain Corporate

Honestly? Not really fixed it, what you need to realize is that not everyone in the world can find capital, that's just something you have to accept from the get go. Now after realizing that not everyone in the world gets to do that, and even almost all of the people do not get to do that, and the best you can ever hope for is having a house and a car when you die to show off and nothing more that's it, then you will start to realize only a minority amount of people have that kind of capital. That is the first step, second step is to figure out how you could get there, and I know that we do not have a recipe to get there, but you could definitely work hard to find the way, I do not have an answer for you, but I have the emotional support to tell you that if you fail and do not have capital ever, that's fine, that's most of the world.

With the ideas I have received from different people in this trend show that this is a normal thing that will not last forever, and I believe some day I will be in my own house,cars Business that will be giving me money to invest in BTC and other cryptocurrencies. My issues is my siblings because, the year I will advice myself to save some money that will give me capital, it will be the year something important that need urgent money for my siblings to solve will come up and, all eyes will be on me, and there is no way I will not release that money for them to be at peace. I think, not everybody is created to be a business owner because I have see many people around my environment living a good life but they don't have business.

I don't lack money , but to gather the money to start a business is a tough thing for me, maybe am not destiny to own a business, but I will continue trying with the strategy some people gave here to see what next year will look like.

Fortify

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Quote from: Zanab247 on November 14, 2023, 01:11:46 AM

I came to discovered that, there are many opportunities all over the world for people to embrace by investing some huge amount of money on a particular business and start living a big man life in the country. I have been working hard to get capital to start my own business, so that I will have financial freedom to invest in BTC and any kind of business that will make me not to reduce to zero level in the country 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. I was in their shoes before when I was in school some years ago before I became a graduate, and anytime I made demand of anything from my elder brother and sister they must respond to me well by sending the money and food stuff when I was in school, and the day they refuse to respond to me, I will be seriously angry with them not to pick their calls or reply their chat at the moment until they look for way to solve my problem.
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.

Money is easy to spend but hard to come by, that is obvious to anyone who has been walking this planet for a few years. It's hard to accumulate money with so many expenses in life, people pay large chunks of their salary on renting or mortgages, along with all sorts of extra services and utilities, many will be funding a car too, which makes it hard to accumulate much extra on the side. Banks will lend money to many people every year, but they want to see a solid business plan with a proven track record, if you want to launch something new then you should see if a prototype works first, otherwise you could be wasting a lot of money and will never see much profit out of it - banks want paying bank with interest on top.

flyingcarpet

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Quote from: Zanab247 on November 14, 2023, 01:11:46 AM

I came to discovered that, there are many opportunities all over the world for people to embrace by investing some huge amount of money on a particular business and start living a big man life in the country. I have been working hard to get capital to start my own business, so that I will have financial freedom to invest in BTC and any kind of business that will make me not to reduce to zero level in the country 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. I was in their shoes before when I was in school some years ago before I became a graduate, and anytime I made demand of anything from my elder brother and sister they must respond to me well by sending the money and food stuff when I was in school, and the day they refuse to respond to me, I will be seriously angry with them not to pick their calls or reply their chat at the moment until they look for way to solve my problem.
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.

In fact, the situation you are experiencing now is the most difficult part for anyone who wants to start a business. Some of them have been investing for years and when their investments become valuable, they turn their investments into cash and start a business. Some apply for a loan and find their capital by agreeing to pay for many years. If you think that your work will bring you income, a loan may be an option, but in the country I live in, banks have not been giving loans lately. They even impose all kinds of conditions not to give loans.

The most important thing needed to start a business is capital. The other most important thing we should pay attention to when starting a business is that the business in which you will invest your capital must be a business that will definitely generate income for you. Otherwise, your capital will slip from our hands.

Bloodseekers

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Quote from: Adams0001 on November 18, 2023, 07:18:09 AM

Raising capital is simple if you have something to do, such as handwork skills, because you can get money from there. Because bitcoin is volatile you can lose the money you borrow from a bank and you can't return it because you don't have anything to do. I believe you can get even small capital from your family to start a small business that you know will bring you income, so that you can use the profit to invest in bitcoin because individuals only invest what they can afford to lose, and so that you can acquire confidence in what you are doing Many people obtain their capital from relatives and become wealthy, so I am confident you can find someone in your family who will offer you funds, even if it is small to start a business and create your on capital.

If we have a skill that we can work on, of course we will be able to get wages from what we have done and this doesn't require a lot of capital. We only spend capital to buy work equipment and it can last a long time according to how we care for the item, if we If we can look after it well, of course we will be able to use it longer and make a lot of profit from the work we do.

I agree with you, everyone can only invest what they can afford to lose and also they must be able to do well if they do not want to lose the money they have in the investments they make.

Fivestar4everMVP

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It is commonly said that a man can not serve two masters at a time, for one to have a chance of succeeding in this life, he or she should do things by priority, that is, you do things according to how they are important to you.

For example, if raising the capital to start a business is the most important thing for you right now, then, you have to give all your attention to that and do not allow side and family expenses stop you from achieving this, afterall, when you finally start the business, they will surely enjoy more since you will be making more money.

And if taking care of your family is the most important thing for you, then there is no need complaining about not being able to save up money to start a business.

There is this adage in my place that, a person can not chase and catch two rats at the same time, you either pursue one or you end up losing the two.

For some one who doesnt have alot of money, you do things one after the other, leave your siblings to cater for themselves for now, while you focus on raising capital to start your business, it might be painful to them, but make them understand that it's a sacrifice they will have to make for a better tomorrow for you and for them as well.

Yamifoud

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Quote from: Hewlet on November 18, 2023, 01:15:31 AM

It is not always an easy thing to get capital because while you are still making your savings, you still need to feed yourself, pay your rent, and sometimes assist some relative who might be in serious need at the moment. Getting a capital for your business involves you being very intentional about it, it demands discipline and a whole lot of commitment if not, it will become very difficult before you will be able to raise something reasonable.

We're not all coming from rich families that even without working hard, we can still start a business borrowed from the banks and that is because of the family background. But like us who are only reliant on current job earnings, that is pretty hard to make savings for capital especially if we are only earning the minimum salary. That is why running our own business is less priority than our needs and daily expenses. In fact, many people have been working for many years but still no savings have been made.

Adams0001

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Quote from: Zanab247 on November 14, 2023, 01:11:46 AM

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.

Raising capital is simple if you have something to do, such as handwork skills, because you can get money from there. Because bitcoin is volatile you can lose the money you borrow from a bank and you can't return it because you don't have anything to do. I believe you can get even small capital from your family to start a small business that you know will bring you income, so that you can use the profit to invest in bitcoin because individuals only invest what they can afford to lose, and so that you can acquire confidence in what you are doing Many people obtain their capital from relatives and become wealthy, so I am confident you can find someone in your family who will offer you funds, even if it is small to start a business and create your on capital.

Topic: Why is it difficult for people to get capital easily? - page 3. (Read 1033 times)