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Will you start a company alone or with partners if that involves huge capital investment?

W

westmania

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You have a plan to start a business that involves huge capital. In your mind it may be successful running alone with 50% to 70% chance then will you get some partners or try alone ? which one is better ? And do you think it can be offered as a crowdfunding project on kickstarter ? For example, if the business is say a big social gaming site which will have an app too.
 
What really matters in this context is if I have the financial capacity. if I have the money to start a company or a business alone I will probably do that but if I don't then the best option is to look for a business partner. But there will be a comprehensive agreement between the both of us so that problem of this agreement will not ensue in the future.
 
You have a plan to start a business that involves huge capital. In your mind it may be successful running alone with 50% to 70% chance then will you get some partners or try alone ? which one is better ? And do you think it can be offered as a crowdfunding project on kickstarter ? For example, if the business is say a big social gaming site which will have an app too.
To be candid , its rather hard nowadays to get some on to help you in funding you business because some are even not happy because you are starting a business while they don't have any , so starting a business alone is the best in this situation of business.
 
Starting a business alone or with a patner depend on the particular business you ar planning to start , if the business is huge and it also needed a huge amount of money, then i will advise you get a trusted patner and start together instead of taking a loan.
Yeah, starting a big business with a partner you trust is much better than taking a loan for it. Loans comes with very high risk and gives you so much pressure when running the business. But a partner will add you the finds you need and can help each other when running the business. It even makes the business planning to be better because you each come with you knowledge and skills and can help each other to research and learn good strategies of running the business.
 
And if you don't have what it takes to start alone , then you can actually look for a good and reliable business partner that will not dupe you during the business , because patnership in business should be based on trust and loyalty and not the other way around.
 
Robert Kiyosaki says most successful businesses forms corporatives.This is because they help to guarantee that there is success of a business in funding and also for when you split the shares you discover less was invested by an individual hence less losses encoured.

But it is important to ensure that you have qualified consultants and financial advisors who will ensure the success of your project.
 
Yeah, starting a big business with a partner you trust is much better than taking a loan for it. Loans comes with very high risk and gives you so much pressure when running the business. But a partner will add you the finds you need and can help each other when running the business. It even makes the business planning to be better because you each come with you knowledge and skills and can help each other to research and learn good strategies of running the business.
Trust nowadays is very important in business world , because if there's no trust , there will be backbiiting , scamming , embezzlement and even killing of your business partner which might be quite possible if you are working with a wrong business partner in a business.
 
The business environment is a very risky place to enter especially if you do not have the right knowledge in order to keep growing. If there is ever a scenario where I am having an opportunity to partner with somebody then I think that that is what I'm going to take. This is because there is going to be shared risk and also shared responsibility that is going to lead to efficiency of work.
 
I believe that starting a business with a partner is definitely going to be the right thing to do here . This means that you guys are going to contribute money to us starting the business and if at all it is going to fail then you are not going to be losing the entire of your capital. It is going to have higher chances of successful because you guys are going to be sharing ideas.
 
There are two thing involved when starting a business before even mentioning the monetary aspect of the business , first there are people that are normally good at what they , and some others are practically scared of failing and thats why they prefer patnership in business in order to be safe and secure from failing.
 
I believe that starting a business with a partner is definitely going to be the right thing to do here . This means that you guys are going to contribute money to us starting the business and if at all it is going to fail then you are not going to be losing the entire of your capital. It is going to have higher chances of successful because you guys are going to be sharing ideas.
There are some business which we all know one person alone cannot survive unless he or she's into patnership , the business might be huge and also secondly the money needed to start and execute the contract might also be a huge amount of money.
 
I believe that starting a business with a partner is definitely going to be the right thing to do here . This means that you guys are going to contribute money to us starting the business and if at all it is going to fail then you are not going to be losing the entire of your capital. It is going to have higher chances of successful because you guys are going to be sharing ideas.
Those are very good benefits of starting a business with a partner. You start it with enough capital since you both contribute to it. Then you can share any risks that may occur. Moreover, risks are easier to manage since you lock heads with you partner and come up with the best way to run the business.
 
Lets take the money aside because we all now the main reason for patnership in business most of the time is because we dont have enough money to start on our own , but there are certain business we just realise we need patners on because its bigger than us.
 
Lets take the money aside because we all now the main reason for patnership in business most of the time is because we dont have enough money to start on our own , but there are certain business we just realise we need patners on because its bigger than us.
That is true. There are just some businesses that we decide that we cannot make to run alone. So we seek the help of a partner. Especially if they have so much experience in that field that we choose to start the business. At the end of the day, partnership helps you run the business more effectively than if you did it alone.
 
You have a plan to start a business that involves huge capital. In your mind it may be successful running alone with 50% to 70% chance then will you get some partners or try alone ? which one is better ? And do you think it can be offered as a crowdfunding project on kickstarter ? For example, if the business is say a big social gaming site which will have an app too.
Starting a business alone gives you the advantages of getting all the profits to yourself and also all the benefits, but there are some business that you cannot handle alone thinking about the huge amount of money needed to start the business , so you need help.
 
That is true. There are just some businesses that we decide that we cannot make to run alone. So we seek the help of a partner. Especially if they have so much experience in that field that we choose to start the business. At the end of the day, partnership helps you run the business more effectively than if you did it alone.
Looking at the gaming company , let me use bet9ja as an example , you need a huge amount of money to start , you will also need a developer and many other department needed to be fix , so sometimes it's impossible to run it alone and that's why you need a patner,
 
I am somebody who prefers to take as less risk as possible when a business is involved. This is why I am going to prepare an opportunity to start a business with somebody because it means that I am going to be bringing 50% and the other person is going to be bringing 50%. We are then going to have a meeting to discuss how we are going to go with the business which is likely to bring better decision-making.
 

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