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lizarder
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January 06, 2025, 09:41:13 AM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans. You mustn't start that business in a big way before it seems appealing to start. In as much as there is a purpose to that business then you've to start, and aside the capital size, you also have the mental capital and human resource in achieving plans then you just have to start somewhere.
Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made. To start something requires a plan and maturity because to achieve success requires hard work with much more consistent efforts. If capital is an obstacle in implementation, then do small things first and continue to develop slowly so that we have experience when we have much larger capital. Business in conditions like now is not easy to run because having small capital will make it difficult for us to compete with businesses that have been developing for a long time because they have sufficient resources. The most important thing is to try harder and be consistent because even though the competition is tough there is still a way when we want to do it seriously. See the opportunities and do it right so that the business can run slowly to achieve success because if we don't start then we never know whether it is successful or not in its implementation.
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pusaka
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January 06, 2025, 11:17:04 AM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans. You mustn't start that business in a big way before it seems appealing to start. In as much as there is a purpose to that business then you've to start, and aside the capital size, you also have the mental capital and human resource in achieving plans then you just have to start somewhere.
Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made. To start something requires a plan and maturity because to achieve success requires hard work with much more consistent efforts. If capital is an obstacle in implementation, then do small things first and continue to develop slowly so that we have experience when we have much larger capital. Business in conditions like now is not easy to run because having small capital will make it difficult for us to compete with businesses that have been developing for a long time because they have sufficient resources. The most important thing is to try harder and be consistent because even though the competition is tough there is still a way when we want to do it seriously. See the opportunities and do it right so that the business can run slowly to achieve success because if we don't start then we never know whether it is successful or not in its implementation. And after planning there must be a first step that we must start, because some people only make plans while they do not dare to start the first step to start implementing the plan that they have arranged neatly. This requires a mentality to take a risk, thoughts that always interfere must be there, such as what if it fails? what if something happens? and other thoughts. Well, usually we are too afraid, this is not telling other people, but I myself still have thoughts like that. But maybe now I can be braver to fight the thoughts that are actually obstacles for us. This is indeed something natural when we have thoughts like that, but if we don't fight it, then we will never do anything.
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Dr.Bitcoin_Strange
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January 06, 2025, 11:39:30 AM |
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@OP, I have a new business idea that I want to expand this year but It's not possible to start in a little way no matter how you try to reduce the expense and cut cost, the capital is actually very high which I am so much in doubt if there's any means I can be able to raise the capital unless I will choose to do something different. So, what am trying to say is that, some persons can actually have a big goal for this year but if that particular goal can not be archive because of the unavailability of the start up capital, the person should choose something simpler and do instead of not doing anything and hoping. If you keep hoping, you might not archive anything and the year will still come to an end, time wait for no body.
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| ..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Porfirii
Legendary
Offline
Activity: 2394
Merit: 3384
The Alliance Of Bitcointalk Translators - ENG>SPA
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January 06, 2025, 11:47:17 AM |
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Nike has a slogan, "Just Do It". Don't wait for the perfect time to start that business that has been on your mind. Don't wait for the perfect time to do your first shipping. Start now, start small. Just start. Nobody promises it is going to be easy, you will learn. Infact the sooner you start the business, the sooner you find out if it is for you so as to either restrategise or quit and retrun to your 9 - 5(nothing is wrong with 9 - 5 by the way). It is even easier starting a business now than it was many years ago. We have all the tools at out disposal. For now you do not need to worry about the paid tools make you with the unpaid ones until you can scale up. Thank you OP. The OP is your sign to start.
But Nike exploits the idea of the "Hero" in his branding, and the hero is focused, maybe blinded, by the reward. In the case of the OP that reward is economical and of prestige, but apart from "just doing it" and neglecting the lions, demons and dragons that you can meet in your way, thinking twice about the business model and writing down a business plan is not such a bad idea either. Even in most cases of people who started their business with a MVP and were successful, they were aware of what they were doing. IMO there must be a balance between audacity and knowledge in order to maximise the odds of success.
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| . betpanda.io | │ |
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Adbitco
Legendary
Offline
Activity: 2044
Merit: 1007
Stop the hate on Nigerians
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January 06, 2025, 12:31:00 PM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans. You mustn't start that business in a big way before it seems appealing to start. In as much as there is a purpose to that business then you've to start, and aside the capital size, you also have the mental capital and human resource in achieving plans then you just have to start somewhere.
Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made.
The most dangerous thing to do is not taking the risk to start small than taking the risk to start larger. People often think from the top without thinking from the bottom; we can't have a story building from the top but it starts from the ground being foundation level. We must learn to stick on our decisions, walk and work on our dream business or investment because today those who are at the top today didn't start from there rather they start from scratch, we should learn to always utilized every single moment we have and put it into something productive we would definitely have an amazing result with the trust and faith which we believe it will come to reality. Many people today are scared of independent mode of earnings, talking about owning a private sector to operate and manage alone. What scares most people is the thought of starting and then failing in the process. There is always a starting point from every grown business we see today, it is important not to despise our little beginnings, generational wealth are foundations built on entrepreneurship and not involving among the working community. That is the deficiencies of a business ( fears that comes when we want to starts up new business) and anyone who can over that fear can actually do well in any business they are about to go into because many people would sit and calculate the risk, benefits and profits that would be involved on the new start business and if they weren't to have a nice results from their imagination you would see them abolished/erased that from their mind immediately and decides to starting up as employee. As an entrepreneur it's always good to always overcome fear as fear as the major threat of every startup business.
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Yucky
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January 06, 2025, 01:28:24 PM |
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Another thing with starting a business or investment whether online or offline is setting milestones for yourself like three months, this is what I aim to achieve. That's why you see some people moving with Q1 (quarter one), Q2, Q3 just like that so they will not overwhelm themselves with achieving the goals.
By the time you say you want to be successful with your business by the end of the year without clear roadmap or direction you would be putting yourself up for stress. Break up the steps to achieving the big goal into 3 months, so for every 3 months you are working towards achieving a milestone like investing little by little into Bitcoin or setting up your physical store.
And the next 3 months you are doing this or that just like that so you aim at achieving those bit size goals than just saying boom I want my business to be making $5000 monthly revenue by 11th month when you don't have a clear on how to achieve it. So before you start have a road map and in that road map have milestone of 3 months how you will be achieving things bit by bit.
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mvdheuvel1983
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January 06, 2025, 01:41:46 PM |
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I think this is also necessary this new year while we all prepare and make good new year resolutions, do a proper findings before choosing anything you want to put in money and avoid getting into trouble that will take your time, money and frustrate your efforts cause nothing stops temptation from coming when you don't avoid it. A lot has been said already but just to add a little more, make good use of the money you kept in the banks that is not appreciating to put into a profitable business so that you will not be paying charges for nothing.
Be creative Think deep Work smart Learn everyday Invest wisely Take good risk Use the forum regularly to get more informations.
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Fiatless
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January 06, 2025, 01:46:00 PM |
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@OP, I have a new business idea that I want to expand this year but It's not possible to start in a little way no matter how you try to reduce the expense and cut cost, the capital is actually very high which I am so much in doubt if there's any means I can be able to raise the capital unless I will choose to do something different. So, what am trying to say is that, some persons can actually have a big goal for this year but if that particular goal can not be archive because of the unavailability of the start up capital, the person should choose something simpler and do instead of not doing anything and hoping. If you keep hoping, you might not archive anything and the year will still come to an end, time wait for no body.
It is better to start a business you are passionate about. Passion gives the drive to be diligent and hardworking to make the business succeed. Venturing into a business you don't like because you cannot afford the capital for your chosen business might not be good. If you don't have enough capital, seeking partners or sponsors could be a good idea. Investors are willing to finance viable businesses if you can present it to them. Anyway, I think almost all businesses can be started in a small way. If you want to start selling cars but don't have the money to buy, you could simply serve as an agent to a car dealer and earn commissions.
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| ..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Callido
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January 06, 2025, 01:59:18 PM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans. You mustn't start that business in a big way before it seems appealing to start. In as much as there is a purpose to that business then you've to start, and aside the capital size, you also have the mental capital and human resource in achieving plans then you just have to start somewhere.
Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made.
The most dangerous thing to do is not taking the risk to start small than taking the risk to start larger. People often think from the top without thinking from the bottom; we can't have a story building from the top but it starts from the ground being foundation level. We must learn to stick on our decisions, walk and work on our dream business or investment because today those who are at the top today didn't start from there rather they start from scratch, we should learn to always utilized every single moment we have and put it into something productive we would definitely have an amazing result with the trust and faith which we believe it will come to reality. Many people today are scared of independent mode of earnings, talking about owning a private sector to operate and manage alone. What scares most people is the thought of starting and then failing in the process. There is always a starting point from every grown business we see today, it is important not to despise our little beginnings, generational wealth are foundations built on entrepreneurship and not involving among the working community. That is the deficiencies of a business ( fears that comes when we want to starts up new business) and anyone who can over that fear can actually do well in any business they are about to go into because many people would sit and calculate the risk, benefits and profits that would be involved on the new start business and if they weren't to have a nice results from their imagination you would see them abolished/erased that from their mind immediately and decides to starting up as employee. As an entrepreneur it's always good to always overcome fear as fear as the major threat of every startup business. An internet quote i happened to come across in my social this morning, my thinking flashed back to this thread. "If you put bananas and money in front of monkeys, the monkeys will choose the bananas because they don't know that money can buy many bananas. In fact, if you offer WORK and BUSINESS to people, they will choose to WORK because most people don't know that a BUSINESS can generate more MONEY than a salary. One of the reasons why the poor are poor is because they are not trained to recognize business opportunities. They spend a lot of time in school and what they learn in school is to work for a salary instead of working for themselves. Profits are better than salaries because salaries can allow you to make a living, but profits can generate you a fortune."
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Adbitco
Legendary
Offline
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Stop the hate on Nigerians
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January 06, 2025, 02:14:25 PM |
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That is the deficiencies of a business ( fears that comes when we want to starts up new business) and anyone who can over that fear can actually do well in any business they are about to go into because many people would sit and calculate the risk, benefits and profits that would be involved on the new start business and if they weren't to have a nice results from their imagination you would see them abolished/erased that from their mind immediately and decides to starting up as employee. As an entrepreneur it's always good to always overcome fear as fear as the major threat of every startup business.
An internet quote i happened to come across in my social this morning, my thinking flashed back to this thread. "If you put bananas and money in front of monkeys, the monkeys will choose the bananas because they don't know that money can buy many bananas. In fact, if you offer WORK and BUSINESS to people, they will choose to WORK because most people don't know that a BUSINESS can generate more MONEY than a salary. One of the reasons why the poor are poor is because they are not trained to recognize business opportunities. They spend a lot of time in school and what they learn in school is to work for a salary instead of working for themselves. Profits are better than salaries because salaries can allow you to make a living, but profits can generate you a fortune."Yes have also red about this as well, I think the richest man in China made this post thereabout "Jack Ma". I was so much inspired by this words because today lot of people do not think about business and what they think is about working for immediate and self-satisfactory situations where they can't think upright rather than getting profit within the next day or weekly/monthly days. It's a shameful thing that people can't even reason well because of the situation at hands, though, of a truth not everyone are designed to own a business (some people are designed for creating the opportunity, while some others are designed to work on the opportunity) in summary, not everyone is a part finder.
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Lida93 (OP)
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January 06, 2025, 02:32:49 PM |
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@OP, I have a new business idea that I want to expand this year but It's not possible to start in a little way no matter how you try to reduce the expense and cut cost, the capital is actually very high which I am so much in doubt if there's any means I can be able to raise the capital unless I will choose to do something different. So, what am trying to say is that, some persons can actually have a big goal for this year but if that particular goal can not be archive because of the unavailability of the start up capital, the person should choose something simpler and do instead of not doing anything and hoping. If you keep hoping, you might not archive anything and the year will still come to an end, time wait for no body.
On this, I think you asked an important question and also gave the answer to it yourself at the end. Nevertheless, for the sake of some persons that might find themselves in this situation I will like to add by saying that there's no business which can't be started small l, you would need to focus your capital on the most important needs/requirements of the business to start and in the process you can gradually expand. On the other alternative, since you've the some capital only that it's not sufficient to start your size of business due to the high capital needed, at this point it's good to go into partnership with like-minded businessmen to pool the required capital and more for that expansion you need. It's one of the best shots you've got now.
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justdimin
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January 06, 2025, 03:30:20 PM |
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Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made.
Just because a new year, my plans are not changing. New resolutions are well known for not lasting even for a month. So, if you really want to make a change, you should not wait for a new year to take a resolution. I have been into long term holding of bitcoin for years which means this new year was just another day in my life but I am confident on my strategies and goals. I am not here to discourage your motivations but all these are for every moment and not just because a new year. Don't wait till you have all the resources you need. Start with what you have and you will gradually get what you don't have with time.
Investing must be a better business I could do, in my opinion. Coffee can investing with bitcoin is the business I have been into for years. Honestly, when you are a long term holder of bitcoin, you never need to re-shuffle your goals often. This is the reason, I am not into anything just because of a new year.
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Natalim
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January 06, 2025, 03:41:09 PM |
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Nike has a slogan, "Just Do It". Don't wait for the perfect time to start that business that has been on your mind. Don't wait for the perfect time to do your first shipping. Start now, start small. Just start. Nobody promises it is going to be easy, you will learn. Infact the sooner you start the business, the sooner you find out if it is for you so as to either restrategise or quit and retrun to your 9 - 5(nothing is wrong with 9 - 5 by the way). It is even easier starting a business now than it was many years ago. We have all the tools at out disposal. For now you do not need to worry about the paid tools make you with the unpaid ones until you can scale up. Thank you OP. The OP is your sign to start.
If you already have the resources, and have gained already those basic knowledge and skills, then now is the best time to start and make your business plan works. Don't be scared to start and fail, that's how you will learn. But with patience and persistency all throughout the process, I know in the long run everything you did will paid off. Just trust the process, just take it slow.
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Alpha Marine
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January 06, 2025, 04:25:18 PM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans.
When it comes to business, I'm not as thrilled about it as most people are. Many people are unrealistic when they talk about starting a business. Not everybody is going to be a business owner so I don't see a need to push it down the throat of everybody. The fact that business may bring more money doesn't mean everybody should have a business. People who are building careers in whatever field they're into might not have the time to start a business and even if thy do, they may not have what it takes to start a successful one. Not everybody has the initiative to manage a successful business. What I think everybody should have is an investment and a plan. You can have your career and make your money work for you in one way or another. You can have investments in shares, bitcoin, treasury bonds, gold and many other investment assets. Even people who have business need investments and insurance. I think the business thing is overestimated. Some people even say stuff like you can become rich on a salary, what kind of bs talk is that? It depends on the salary you receive. Why not find ways to be better at what you do and keep growing and earning more thereby having more money to invest and see if you won't become rich that way? Don't get me wrong, I have nothing against having a business, all I'm saying is, that's not the only way. Try to be among the best in your skill or career and keep finding ways to level up while also having different investments in your portfolio and with time you might be worth more than you realised.
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icalical
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January 07, 2025, 09:23:47 AM |
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I do agree that small beginnings are a great way to start, most big brands started in that manner. However, the truth is that these are really not very good times to invest in a business venture, considering inflations and all those economic uncertainties. Determination and proper planning are, no doubt vital, but equally important is knowledge of the target market. Business is a fast moving world where flexibility can mean all the difference. Great to start somewhere, but it is in balancing that drive with the awareness of current trends that sets one up for better success. Go for it, but adapt with growth, I believe that's how most successful entrepreneurs survive during tough times.
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lizarder
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January 07, 2025, 04:36:01 PM |
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And after planning there must be a first step that we must start, because some people only make plans while they do not dare to start the first step to start implementing the plan that they have arranged neatly. This requires a mentality to take a risk, thoughts that always interfere must be there, such as what if it fails? what if something happens? and other thoughts. Well, usually we are too afraid, this is not telling other people, but I myself still have thoughts like that. But maybe now I can be braver to fight the thoughts that are actually obstacles for us. This is indeed something natural when we have thoughts like that, but if we don't fight it, then we will never do anything.
Every step taken must be based on risk considerations to start a business because if you make the wrong plan, the business will be difficult to grow. Most people make the wrong business plan and usually they will get a much bigger challenge because they don't do a review first before starting. Building a business also needs to consider people's needs, therefore it is necessary to conduct a survey first because by building a base like this it will be much easier for us to develop. Fear often hinders people from developing because they feel incapable, even though we have not tried it so that excessive worry will not provide any answers. It is better to start slowly and make regular evaluations to see the weak points in the business we are working on so that we will learn to start in the right and correct way.
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Futurexxx
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January 07, 2025, 05:13:44 PM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans. You mustn't start that business in a big way before it seems appealing to start. In as much as there is a purpose to that business then you've to start, and aside the capital size, you also have the mental capital and human resource in achieving plans then you just have to start somewhere.
Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made.
Their is a saying that goes like this; you don't have to be great to start, but you need to start to be great, it's very common in our society and our everyday lives, the starting point is always the most difficult point, even in this forum, that's the case, the newbie stage is the most difficult stage. So it's very necessary to start if truly you want to succeed in what ever field of business, investment or craft you venture into , because without making that giant step, the dream will only end as a fantasy, nothing more.
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Fortify
Legendary
Offline
Activity: 3276
Merit: 1257
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January 07, 2025, 09:45:53 PM |
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It's a new year again, and I think it's high time people start to think on starting out small with that business, that investment and plans. You mustn't start that business in a big way before it seems appealing to start. In as much as there is a purpose to that business then you've to start, and aside the capital size, you also have the mental capital and human resource in achieving plans then you just have to start somewhere.
Set plans, make resolutions, your goal setting should be straightforward and none ambiguous and also kickstart with determination because when there is determination then there will surely be a way. Peradventure you fail on starting, then get back and replan again and restart, because that's how many CEOs we have today were made.
Every new year gives you a chance to start afresh and take on new challenges while putting any difficulties behind you. It really does depend on your state of mind - new years resolutions can be good, but you should also be ready to cut out the problematic parts of your life and rebuild on any random day. For people in the Northern hemisphere, we are still wrapped in short days with lots of darkness, but it's nice that the march towards summer is now underway and that should be one positive to keep in mind. As for business, January can actually be a rather slow month because people spent a lot of money in December, however there is always the opportunity to be laying the groundwork for future months.
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Dr.Bitcoin_Strange
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January 08, 2025, 12:38:47 PM |
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@OP, I have a new business idea that I want to expand this year but It's not possible to start in a little way no matter how you try to reduce the expense and cut cost, the capital is actually very high which I am so much in doubt if there's any means I can be able to raise the capital unless I will choose to do something different. So, what am trying to say is that, some persons can actually have a big goal for this year but if that particular goal can not be archive because of the unavailability of the start up capital, the person should choose something simpler and do instead of not doing anything and hoping. If you keep hoping, you might not archive anything and the year will still come to an end, time wait for no body.
It is better to start a business you are passionate about. Passion gives the drive to be diligent and hardworking to make the business succeed. Venturing into a business you don't like because you cannot afford the capital for your chosen business might not be good. If you don't have enough capital, seeking partners or sponsors could be a good idea. Investors are willing to finance viable businesses if you can present it to them. Well, bro, you are right about one thing, venturing into a business you have passion for is good but believe me, one can have passion for a business that does not have a good customers drive. One thing I believe is that, it's not just about the passion, it's about what the public needs. An entrepreneur discovers what the people need and make it available for them and with time, you will build that passion for doing what you are doing. Anyway, I think almost all businesses can be started in a small way. If you want to start selling cars but don't have the money to buy, you could simply serve as an agent to a car dealer and earn commissions.
You could be right tho, but I think you should also consider location and environment, I believe it totally depends on where you find yourself, the cost of starting one particular business in my country could be different cost in your country which am very sure about. As for the business am looking at for this year, I need about $30k, nothing less, there's no means of starting even with $10k, not possible.
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Questat
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January 08, 2025, 09:34:07 PM |
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You know, it's a good thing to start the new year right. But is it necessary that we should wait for a new year first to do what we opted to do for a long time? Even if it's not new year, we need to focus on our goal always. Like if you dream of investing, then set plans and goals so that you will be guided on your path reaching your dream.
However, if you want to start a business, know your potentials first and in which business you will fit in. Business will surely prosper if you are perfectly fit in it, otherwise it would be a struggle to run a business which you don't have knowledge and passion from the start. Not just a waste of money, but time and efforts as well.
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