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[Kennysplash]

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?

 

[Emmanuel24]

Starting a business with the little you have is very good since it takes time for a business to develop in the market. Life span of a business is determined in having potential customers. Then your profit will begin to accumulate to your capital.

 

[Salimo1]

I think it is better to take risk and get some loans to make the project you dream of , I think with few money we cannot do nice things .

 

[Emmanuel24]

I think it is better to take risk and get some loans to make the project you dream of , I think with few money we cannot do nice things .

That's true though... Few money may not bring up the business as he dream of. He can go for a loan from friends that will not attract interest which can help him in achieving his dream

 

[Salimo1]

And even lending from bank is not a bad idea , lending from friends is better cause there is no interest but may be we failed return them money at accurate time .

That's true though... Few money may not bring up the business as he dream of. He can go for a loan from friends that will not attract interest which can help him in achieving his dream

 

[Mariappa45]

One should know the amount of capital needed at least to kick start his or her business. You don't have to wait too long until you acquire all the weight in this world, start with any amount and grow from there.

 

[Brain]

It is always good to start with ever you have to avoid procrastinating. This habit will kill the idea already so just begin and know that you can grow it to whatever level you need

 

[CyberPreNurse]

It is always advisable to make sure you have got enough capital at hand before you get started so you do not end up in a state where you can no longer run the business, and then be forced to close it due to lack of funds. This is what I always try to Avoid in business, and would advise you to make sure you put in more efforts to raise funds before continue with the business idea you have in mind.

 

[amgad100100]

It is always advisable to make sure you have got enough capital at hand before you get started so you do not end up in a state where you can no longer run the business, and then be forced to close it due to lack of funds. This is what I always try to Avoid in business, and would advise you to make sure you put in more efforts to raise funds before continue with the business idea you have in mind.

You have right , but i just want to say its only the money you need at the begging because if you put everything you have or even more it could be disaster because you could loss everything as well .

 

[Vladv26]

You should start with whatever you have right now even if that is 0. Why delay when you can start now? At least if you fail you won't feel bad since you didn't lose such a large amount of money but in exchange you gained a lot of experience

 

[btaliat]

The funniest thing is that there is no enough money to start a business. So we need to start with what we have and make sure we don't lose focus so that we can be expanding with the gain. Waiting to accumulate the required money may take long and eventually lead to the inability to actualize the dream.

 

[microunit]

This can depend on the kind of business you are trying to do as some businesses out there require you to invest a large sum of money while other business only needs you to invest small. Though you can also start small and you can slowly start to scale over time depending on how in demand or successful your business is, your only concern with this though is your space as if you scale you might need to move to a an area where there is bigger space

 

[Balint098]

I would say, start it now, and learn along while you do your business. The competition is getting tougher these days, so businesses that went up early have the advantage of more greater reach than those that went up later. Learn from both your own experience and mistakes, but don't forget to also learn from your rival's mistakes.

 

[btaliat]

A drop of water will surely become an ocean. Starting from the scratch is never a bad idea. You only to need to be focused and never feel complacent of the small gain that you may be making in the small business. Just make sure you accumulated gain is meant for expansion of your business.

 

[BALABALA111]

Money is nobody's friend if you have a vision for opening a business you don't need a particular amount to start that's why they call it a startup you can't say you're waiting for money to accumulate before you start a business a little you have you can start up with it then it grows that's the dream of a business keeping money at your position always without of plan for it is very wrong if I end up spending the money and not starting up the business so it's all just no matter how little you have if it can't start it up you should get yourself going

 

[BALABALA111]

Many people can start from the scratch don't see it as a mandate for you to start large it is not necessary like that so the little phone do you have you can start up with it then grow up your dreams of that business as business has the basics of buying and selling I'm making income you don't need a particular amount to start and you don't reach a particular amount to stop

 

[ashim kate]

There are some basic equipment that are always needed whenever you want to start a business. If you are able to gather enough money to purchase them then you can start the business right away and then look to build it up for later. Looking to have the exact money budgeted might not be ideal.

 

[Kennysplash]

There are some basic equipment that are always needed whenever you want to start a business. If you are able to gather enough money to purchase them then you can start the business right away and then look to build it up for later. Looking to have the exact money budgeted might not be ideal.

That is indeed a valid point. As long as you have to find to acquire the necessary things needed, it is advisable to start. If we keep postponing because we want to start big, that day that we will start might never come. Start small and see yourself grow consistently.

 

[BALABALA111]

Nothing there such statement having a specific amount to start a business specificity is not in business one of the most important thing you need is an idea on the capital that capital cannot be a specific amount it all depends on the type of business you are opening but trust me if you can start from little to little it is also advisable to do so yes some business requires you to go into large funds spending at first but you can also start within little amount All You Need is an idea that suit your bussines plans

 

[AudraMiller]

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?

The problem with starting a business with the little amount of money that you have is that it is an extremely high risk because if you have extra expenses that you have not accounted for you will not be able to pay for them and this will cause the success or failure of your business therefore I think it is best to rather accumulate a reserve fund in order to start the business.

 

[Dav1d]

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 .

Wise saying and I completely agree with this. Many persons always want it big thinking it would be easier to manage it when it's big. Truth of the matter is if you are finding it hard to cope and mange the business at the growing stage or when it is still small, it would be very hard to manage it when it is bigger. Managing a small business gives you enough time to not just grow the business but to gain enough experience needed.