Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[westmania]

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.

 

[btcmaker]

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.

in case if you need to invest huge capital in a business you want to start then you should take a partner because two people will invest 50 -50 and you will have only 50 % lose if you lose or you will get another power to bost it

 

[Bolajisam]

I will preferred to start alone in as much am having the money to start up the business and since the business is legal, because engaging a partner might lead to conflict, groges and beefing alone the process which may latter be risky.

 

[Damismiling]

There is absolutely nothing wrong in starting a partnership based business, if you don't have enough capital to kick start your new own desired business, just be on perfect agreement legally before you kick start

 

[Kunkun]

If I can handle all it takes to start a business then I would go ahead and do it myself but if it's an enterprise too big and in turn requires partners then I don't mind also so it depends on the situation

 

[a_jerobon]

I will preferred to start alone in as much am having the money to start up the business and since the business is legal, because engaging a partner might lead to conflict, groges and beefing alone the process which may latter be risky.

I also love doing things alone, including business. I love the idea of having all the responsinility and being my own boss. That way, I run it how I want to. Plus I get to enjoy all my profits on my own.

 

[Kimetsu18]

When you want to run huge companies I think it is best to have partners, that is if it involves huge capitals and resources. Easier to manage that way.

 

[a_jerobon]

When you want to run huge companies I think it is best to have partners, that is if it involves huge capitals and resources. Easier to manage that way.

That is right. It is so easy to manage a big company when you are with partners. The decisions made are collective ideas of many heads hence making it more efficient. Moreover, the partners get to share risks making it easier to wake up from failure.

 

[Wilfred Scott]

It's best to have a partner because you can't determine the volatile nature of the economy

 

[Pousinha]

I'd prefer to start alone, especially if a huge capital is involved. Points are: what if it happens partners are not that reliable I was thinking? The very bad experience of one of my best friend's father, that broke all family, made me uncertain about starting a company with partners. It resulted his company partners were fraudsters that committed a financial crime and my friend's father ,who was not guilty, was finally the one sentenced to prison, paying the piper.

 

[Ridorz]

I don't like to start a business with partner and I can not do so because I can't do what I don't like to do.

 

[kaycee001]

Starting a business alone is a very good idea because it avails you with sole right of controlling everything but if it involves a huge capital and an individual cannot raise all the capital single handedly then partners can come in. The partners must also be goal driven and actively motivated for the growth to the business

 

[Ridorz]

I can start business with partner if the business required a huge capital as you said. But I will make sure that the person I want to partner with is trustworthy and well know.

 

[Ridorz]

Some people a business idea but they don't have a capital to establish the business while some people have a capital they don't have a business idea. So, there's nothing bad in to get together to establish business.

 

[brinceaabi]

if you want successful business then try to get some loyal partner because if he have patience like you have then if the business goes to lose they don't blame you for this and you both better survive from lose easily.

 

[Emmanuel24]

The disadvantages of partnership in business such as a death of a partner can lead to the end of the business and etc..discourage me from doing business with partners. I rather start the business myself even if the capital is not enough I can go for loan from friends that will not involve interest.

 

[Ridorz]

It is not advisable to channel all your resources in one business but if you invest in different businesses the risk will be minimal and the profit is safe and guarantee.

I concurred with you. It's not good enough to have only one source of income, person has to invest on different things incase if anything bad happened to one investment, person won't lose totally.

 

[microunit]

This scenario would still depends if you know your partners or have trust in them, Partnering with someone you barely know for a business is quite risky, but partnering someone you know and you have complete trust is much better

 

[SCAMEXPOSER]

This scenario would still depends if you know your partners or have trust in them, Partnering with someone you barely know for a business is quite risky, but partnering someone you know and you have complete trust is much better

It is not easy to partner with someone you don't know and even if you the person let their be legal agreement because human being are dynamic.

 

[Ridorz]

It all depends on your capability in running said business. Most people would look for a partner if the project is big enough. Rarely do they do it all alone.

Exactly. Not all business can be manage to start with small money/capital, there are some business that requires a huge capital to establish it. But when I eagerly to set up the such business and Ifvi don't have a enough capital, I can find a trustworthy, reliable and suitable partner to contribute to it.

 

[Emmanuel24]

I don't see anything wrong if my partners and I become famous in the public. So I can because of selfishness to start a business that involves huge amount of capital of which I cannot afford. I will let the business involve partners which will make it easier for the business to have its stand in the public.