A good tip for business starters - Dont eat your Seed
By Venkataraman
@venkataraman_vc (5293)
Chennai, India
March 17, 2012 11:12pm CST
Today I just gone through an article which said the importance of investing in a business.
More importantly it says about not consuming the money meant for investment. (Well. This is for business starters. Online investment is a different one, yet some of this article portions are relevant to it too.)
Here is the article: http://planninga-from-nanninga.blogspot.in/2007/02/dont-eat-your-seed-corn.html (As far as I scanned it, there seemed to be No referral links inside. Not sure though.)
1 person likes this
16 responses
@honest_efforts100 (1607)
• India
21 Jun 12
I couldn’t get through to your link did you write it right?
@venkataraman_vc (5293)
• Chennai, India
21 Jun 12
Yes. It's working fine for me. And everyone else here has read it. I think the issue is at your end.
@befrindwithme26 (5805)
• Philippines
19 Mar 12
Okay,investing is another way to make money.like in here , you don't need to invest but to make post,participate and earn money.
@olliekobra1 (1825)
•
19 Mar 12
With any business one of the main rules is time if you want to make money you have to put in the time and effort then you will see the rewards.
@suzukigirl1970 (106)
•
18 Mar 12
Thanks for this bit of information, I'll take some time to sit down and have a good read through this report to ensure that I make the best of the advice given. Its not often that people give you the chance to further their learning of how a system works.
@vidhyaprakash_2 (7116)
• India
26 Jun 12
vc, I read out the article, really it is good piece of information for the business persons. We must be very careful while doing online business to avoid a lot of issues
@BYOLA2871 (4371)
• South Africa
18 Mar 12
I read a lot of articles regarding to investments especially business for starters one most important thing is that you should exercise a great deal of discipline regarding your seed that is the money you started with and ensure to grow it until your business is healthy enoughh to stand o its own
@yugasini (12893)
• Secunderabad, India
18 Mar 12
hi venkataraman,
thanks for the postings,really it is nice blog, there are plenty of posting is there,when ever we feel any requirement we can refer this blog,any how i have subscribed with my email for any new article notifications,if know the blog name i can easily check with the blog,have a nice day
@stanley777 (9402)
• Philippines
18 Mar 12
How nice of you to share this link my friend. It's really informative, a nice tip for someone who wants to venture in business. I also subscribed to the link just in case they have tips or ideas about anything that would interests me. Thanks again my friend.
@louievill (28851)
• Philippines
18 Mar 12
Very true my friend, that's why initial capital is often referred to as seed money. As a basic rule, profit is for spending while the seed or capital is kept intact and should be increased from the profit excess, it's so hard to move or venture out if your capital is too small or depleted. When I was young, I remember my father telling me to "save and not to spend too much because money makes money" , I did not understand what he meant then but now i do.
@AgentGulaman (3546)
• Philippines
18 Mar 12
Nice thoughts in there. I have really seen and heard a lot of companies who did not succeed or crumbled down because they haven't invested in the fundamental things and didn't cared about the future. They never strategized and planned how to utilize their money, hence, when they needed the money the most, they don't have anything to show. That's why I think that every company should look to have a good financial management system and great people working on it.
I do agree with the point in the blog, however, the problem lies in the discipline of not using your investment or even building the investment necessary to gain profits. That is the hardest part when it comes to money. Everyone wants to spend making saving for investment and not using it up very difficult in a consumerism driven economy.