Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❓ASK Should I start a business with the little I have or wait till it accumulates?

K

Kennysplash

Guest
Many people have started from scratch and have made it to the top successful. At the same time, others start at the top by spending a lot of money. Right now I am caught in between. Do you think I should start with what I have now or wait till I can save more and add to it?
 
If the business that you want to start is one that the money is enough to buy the necessary materials then you should start with it right away. After sometime if you are able to gather some more money then you can expand the business or you might even get sponsorship.
But having funds is also required. You can't just buy from the Starting. I do agree, that the market keeps on changing the shape, hence it is very important to start working as soon as possible, but at the same time You should also have enough liquidity to back up your business plan.
 
If your planned business is a small one and maybe home based then I guess you can start even with a small capital. But if you will rent a business place my advice is to have funds for at least 6 months of rental (assuming that the place is not yours). You cannot expect the business to earn in its first 3 months of operation.
 
But having funds is also required. You can't just buy from the Starting. I do agree, that the market keeps on changing the shape, hence it is very important to start working as soon as possible, but at the same time You should also have enough liquidity to back up your business plan.
I actually have the needed funds to start already, but I feel it will be better to have more. This will increase my earnings and I won't have to start from the scratch. But I will reconsider.
 
It depends on the types of business that you want to do. Some businesses are capital intensive while some do not require much capital to start. Rather than waiting for your capital to accumulate, you can start the business with the little you have as a small scale business and watch it grow over the time.
 
Many people have started from scratch and have made it to the top successful. At the same time, others start at the top by spending a lot of money. Right now I am caught in between. Do you think I should start with what I have now or wait till I can save more and add to it?
Its better you implement that idea now with the little you have. When you are able to manage a small capital, you can grow it to something bigger.
 
I think I'd prefer to start with the little I have. We can't know what the future has in store for us. If the accumulation process takes a very long time, I'd be more and more unsure on the success of the operation: half a loaf is better than no bread.
 
To me it depends on the type of business, some business one can start with small capital and accumulate more money while some you just have to get more money to start it, in short if your dream business can be started with the little amount you have, give a short
 
I think it is best to start with what you have now and keep growing as the money accumulates. If you keep postponing, another person will take up your idea and you won't much room left for growth. So start now with the little you have.
This is the way to go and the right mindset too. You don't wait for the kind of money you need you might not go far with it. So start with whatever you have in your hands right away
 
I always say , if you success with a the little so you be very successful with the big or large amount of money , that is my opinion about that .
Exactly, you are making point. A person that can manage a small amount of capital to start a business and succeed. Definitely the person will able to handle it when the turn to big.
 
Perhaps you are right. The business is a competitive one and any slight delay might see another person hijack the idea. I will think about starting small and see how it goes.
That is a good decision you have made. Starting small is great and you can grow as time goes by and the money accumulates. You would not want anyone hijacking your business.
 
I think it depends on what you have in mind to do. If it doesn't require much capital, you can test it with little funds to know how is like or you can accumulate money if it requires more capital.
 
Start with the small amount and grow your business as the small you started with accumulates. When you start small very step will challenge and when it challenges you it changes you.
 
They say an idle mind is the devil's workshop. If the little you have could start up any little but profitable business, the I will suggest you start off immediately so that the money you earn would be directed to improving the business
I agree with you. One should just start with the little he/she has then work hard at achieving the rest of the success in the business. With time, the money will continue accumulating to the point where the business grows big.
 
Start with the small amount and grow your business as the small you started with accumulates. When you start small very step will challenge and when it challenges you it changes you.
You are right about that. The money that later accumulates should be used to develop the business overtime, it's better than staying idle and being tempted to squander the money at some point
 
I agree with you. One should just start with the little he/she has then work hard at achieving the rest of the success in the business. With time, the money will continue accumulating to the point where the business grows big.
Yeah, that's just my point anyway. There are so many businesses I know in my area that actually started very little, that was years back but now are the talk of the Town and the people's favorite.
 
You are right about that. The money that later accumulates should be used to develop the business overtime, it's better than staying idle and being tempted to squander the money at some point
that's the only difference among the rich, middle class and poor. The poor are always afraid to invest what they have because they might lose it all, the middle class saves in the place of invest and the rich stay rich because they are afraid of not investing, so they invest.
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.