Topic: Why is it difficult for people to get capital easily? - page 7. (Read 1033 times)

I don't suggest going for a full loan when you're planning to start a business from scratch, because it will have a double negative effect ones it fails. I'd always suggest for a loan for a partial portion to start your business outside from your personal savings. That way, you won't get to have a long term credit payment with huge interests.
Also, It's not a good idea if you let others run your business, it's either you'll fail your business or let your partner become successful first before you, because he knows your business model more than you do.
Starting business from scratch is a lot harder than saving for a capital, since business demands more of your time than working for the other company.

or you can start small, whatever you have if you don't want to take a loan. there are so many small business ideas that you can start with. much better if you start small so it won't be so hard if there will be epic fails. you can just expand the business once it is growing.

To a person who starts with zero funds, it is really not easy to accumulate funds and make it capital unless you loan it.  I work hard and save an amount of money for a long time to have a capital for my business but sadly business is not like getting capital and establishing it.  To make the story short,  I let other people manage my business by partnering with them, me providing the funds, while they provide the service of management.  It's an epic fail, so I am back to working hard again, getting multiple extra sidelines.

The only way to get capital to use in the business is through hard work if you do not want to have debt in establishing your business.

And this is where 'credit score' comes into play.

When you don't have the funds to start a business or buy something out of your own pocket, you will use credit in order to get that immediately. Basically, you are using your name's good standing to get what you need because you have proven that your word is good for it due to the credit score you have amassed over time. This is something that not a lot of people realize, and the reason why they cannot start a business with a huge capital. It's important to fix your credit score in order to get funds from banks and start working your dream business. I never realized its importance until I was the one asking for banks to give me a loan and they cannot provide shit because they don't know me, simply because I haven't used their credit services and repaid it once.

Not all credit is bad. You have to make money work for you in order for it to be 'good', especially when it is something that you borrowed from some other entity.

The thing o be focused on these days is to build a good credit score from ones banking service and to use good trading pair to save up cash rather than trade it away or give in to expenses and bills soon to arise, and in dollar.
Using a good insurance and investment brokers will also help give one a sense of direction in investment and raising of reasonable capital for business.

Another good way I know is to collect credit from creditors app or services willing to offer so little cash for huge interest rates.

 It would be hard and difficult for those low income earners since saving for investment is not only their concern, but as well as providing their basic needs if not for themselves but for their family as well. So you see the expenses on the family is even bigger that its rare to save for your own future plan or investment plan. However, if you are a high average earner, expect that you can easily achieve your target on your investment capital, as long as you don't have unnecessary expenses for yourself or for your family.

However, the real challenge in your investment is not actually the amount of capital but the amount of knowledge and skills you put into your investment. The success rate depends on how you manage your investment, and how you deal with its high risk especially if you are dealing with bitcoin investment.

Everyone has problems in the family and families always have ways to help each other. Helping each other is a normal thing in a family, like when we were at school our family paid for it and when we were working we also had to help our younger siblings or parents, I don't think it's a burden and I'm happy if I can help the family financially

I come from an ordinary family that doesn't have much money so I have to struggle and can't rely on inheritance or my parents' help. The way I look for capital to start a business is by saving little by little from my monthly salary. We have to live simply so we can set aside more money for savings. If I can create a stable business, maybe my next step is to look for investors to develop the business so that it can get bigger.

In this day and age, it is really not easy to get money if we don't find a way to get it for real. Especially if you don't expect anyone else to help you. So the others, even if it's a small amount, save little by little just so they can start the business they want to survive the life they are facing.

Saving is also because no one chooses who. As long as you have a reliable source of income, you can actually save money for the capital you want to save; that amount is that simple to understand and do.

For lower-middle class people, being able to have a business and start investing is something that is quite difficult for them to do. Because they are often faced with a need and insufficient capital. And what's more, they also don't have proper collateral that can be submitted to a particular bank, so that they can get a loan from the bank to use as business capital.

However, if we only struggle with capital issues, then we will never be able to move forward with how to have a business and invest. And the solution is, if you have a business idea but are hampered by cost issues, then discuss this with other people or those closest to you, and build a commitment and cooperation with them to build the business that you had previously planned.
Meanwhile, to be able to start investing, I suggest starting your investment from the smallest amount first, according to your abilities, because currently with advances in existing technology and also digitalization, this has a positive impact where currently there are many platforms that provide services for buying and selling shares in the smallest to largest quantities, such as Crypto, BTC and so on. So that everyone can start investing from the amount they can afford.

Regardless of the ideas expressed in this topic, I know that in many countries one can easily obtain investment capital simply by applying to an investment bank accompanied by a convincing project study. This capital is in the form of an investment loan that covers the cost of the project. In other cases, the bank is a partner in investing in the capital in exchange for the project owner being a partner in effort and moral responsibility. Almost all successful startup projects are financed by banks or venture investors.
On the other hand, there are other countries that do not give this opportunity to entrepreneurs unless they have the possibility of providing more guarantees such as a mortgage. Of course, this increases the dominance of monopolists and hinders the recovery of the economy as a whole.

 While majority of us have been thriving to come up with a good capital, some may have gotten it too easy but the reality is they find it hard to risk their hard-earned money. They have all the capital but since they are still uncertain about the investment future and still have no clear goals, then they will really become more hesitant to invest their money. Having no clear education on their investment is another issue.

Sometimes, its not all about the capital but the capability of an investor or a business owner is the issue. It's really useless to invest your hard-earned money if you are not even sure yet how to manage and grow your investment and your investment capital.

 This is a very common situation for us most especially if we are the breadwinners in the family. Despite of our innermost desire to come up with a sufficient capital so we can start investing or building a good business, the struggle as where to find its capital is really hard. So my advice is not to enter business or investment that requires huge amount but start with even a small amount at first. That's the only way so you can start your investment as sooner as possible.

Saving your spare money is also a good advice, but when ask when to actually hit your desired amount is always uncertain as there might be some sudden expenses that suddenly arise. So whatever you have onhand, suit that amount. After all, no matter how small your business or investment is, it will still come into progress if you know how to grow your investment with your own knowledge and skills that you apply.

As to my own observations too I also notice that they are some reliable business with less risk that if someone have a reasonable capital to start it will surely be making some reasonable profits from it but the problem is where to get that huge capital to start up the business.so the way forward now is that if someone doesn't have huge amount of money to set up it choice of business, it can also start from little capital with dedication gradually someone dream will come to reality.they are some people we are seeing now controlling business millions they also started with little capital.

I'm not really sure what kind of business you're dreaming of, nor do I know where you work or how much your salary is. However, it's possible that in some countries, such as some in Africa, even if someone works extra hard, they will find it difficult to save money for their business because salaries and wages are so low and some of these in this countries struggle to even make ends meet even as salary or wages earner.

Particularly when you are just starting out in life, trying to please everyone will only keep you at the same place and prevent you from moving forward or realizing your dreams. It is preferable for you to face your aspirations and not satisfy everyone right away. In the future, you can provide them amazing chances. People support you in school, which is why they want to help you back even when you are not financially stable.
It's true that getting funding can be difficult for certain people, but the only reliable way to obtain funds is through a loan, which carries a significant risk, particularly for those who are just starting out in business and lack experience.I will never urge anyone to take out a loan and start a business since it might not work out the way they had hoped when they first started. There are some businesses that people may be considering starting and believe will make significant profits, but at initially they always come with a great risk.

People can spend money very easily, but often make very poor judgement when it comes to making more money from anything they borrow. Most people who borrow money are doing it to enrich their own lives, such as buying a car or even going on a clothes shopping spree, because they want instant gratification. Advertising is very manipulative and targeting people every single day, through hundreds of methods, in order to empty their wallets and it can take a lot of practice before you become immune to it. Banks and other lenders are in business to make money, they do not make money if the person who borrows money cannot repay it because they spent it on trash and avoid the contract they agreed to when taking out the loan.

that's a sibling relationship, sometimes you have to throw away the feeling of kinship with your siblings if you want to control your money well. I had a bad relationship with my older sister, she was very arrogant, I once borrowed money but what she gave me was advice, so I tried to get money for capital at that time by selling my valuables and borrowing some from my parents. I admit, if you come from a family that doesn't fit well and doesn't get along with your siblings, it will be difficult to get capital by borrowing from your siblings.

Again, we are stopped by the problem of money and sufficient capital when we have the desire to build a new business and start an investment.

Then do we have to wait to have sufficient capital first to be able to build a business? I don't think so, bro, if we just wait until we have enough capital, then when will we be able to build the business, will it be in the next three years, the next five years or the next ten years? If during that time, someone else will soon realize their business idea.
If you have a business idea that is quite good and has a good opportunity, but you don't have enough capital, then immediately discuss it with your friends or someone you can trust and can work well with. Because who knows, maybe they might be interested in your business idea, so they might want to help you or work with you to build the business.

And the same goes for investing, if we wait until we have good economic and financial stability, as well as financial freedom. Then when will we start investing?
And isn't it true that investing can help you to have good economic and financial stability, it also helps us to have financial freedom?

For what I can understand this seems to be a cultural thing more than anything, and while I do not think it is wrong, as you can see it is a very important drain on your finances, however there are no easy solutions, if you cannot increase your income then you need to reduce your expenses, and reducing the money you give to your siblings could be a way to do this, note I say reduce and not eliminate as it seems doing such a thing will put a strain on your relationship with them.

A person which is strongly supported by his family, anyone in his family may include i.e. his brothers, his sisters, his father, his mother and many others which he trusts the most, if they all support them financially and give them money any time he wants then the man will not face any difficulties in his whole life. But the problem is we didn't have a backup of funds in our daily life.

If we invest in something even the government give us this permission but still we can't hold it and we can't get a huge profit sometimes because as the family burdens and the way we want to live never give us permission about this type of investment. So, the main thing is having a strong backup which can give a person smooth track.

There are hundreds and thousands of us with various ideas which are way better than current businesses but not everyone end up with capital or business and that's the bitter pill we have to swallow and this will remain same for upcoming days as well. There are various reason we fail to get capital and I have listed few of them below as I have witnessed in my life.

1. Approaching wrong set of people: Most of us look for investors within our family, friends and relatives this we miss out of potential inv stors who are outsid our comfort zone like venture capitalists.

2. Giving up without trying: Some of us just have the idea in mind but don't convert it into reality because we are too keen in just finding capital or investor instead we could start small and eventually once our success stories spread across we will have investors knocking out door (this is not applicable for all business and need minimum amount to start first without investors)

3. Existing financial burden: This is most common reason where we are so occupied with our jobs and enslaved that we cannot risk taking even one month break from our job because we cannot afford on our own without job. This is a situation where we cannot do much rather than learning new skill and switching for job which pays better and save money then start your business with minimal required.

4. Lack of knowledge on government schemes: There are countries where government have their own policies and programmes to help start ups find their capital and help them to set up the business with their own training and incubation program but most of us don't utilise it.

Capital to invest in opportunities in today's world has to be a lot because it is not a cryptocurrency like Bitcoin, where you can start your investment even at $10. If you want to start a business either online or offline, you have to spend a lot of money to setup things, which is not an easy task. There are many expenses involved, and the result might not be what you are expecting.

So in my opinion, if you have capital and you think first you should invest in some business and the money that you will earn from that business you will use it to invest in BTC, then I should say use the capital to invest in BTC correctly. Do not waste time in the load of work of business because to start a business you would need a huge amount of money, but if you want to invest in BTC then why go for a business?

As you said, you are already doing jobs for many companies, which means you are earning money monthly, weekly, or for any timeframe. You save some money and invest in BTC, and then with Profis, you can start a new business in the price range that you think you can run.