Go Big or Start Small?

well if you have the capital for it and you made plans quite well..then you can ygo big, just make sure you have a back up plan as well as you know the consequences of the actions. but if you are cautious then you can start small.

I would rather start small then go up gradually than investing too much without a trial starting from the bottom.

You may have to be specific as to what kind of business you are talking about. In some business, if you start too small, you probably get eaten by the big players. Although it is prudent to start big, maybe you shouldn't even start at all without analysing the competition. If you start anything at all, make sure you are prepared to work towards some goals, and not give up. Know your enemy, know yourself, isn't that The Art of War teaches? If you can be clear about the investment vessel, maybe myLotters can give you a more useful response. Is it in a normal brick-and-mortar business, a e-business, or what others on your mind? Hope this helps.

It depends if the business is feasible to invest for small or large scale of business. The way of knowing the market and the competitors of a certain kind of ventures. The best thing to do is to conduct feasibility study.

Hi, I think it is better to start a business in small type for the mean time and then take it slowly because putting all your funds in one business is like a gambling that it will just depend on your luck putting a specific business. Just slowly increasing investments would do for me.

Probably i would first test and then gradually increase my savings. What if you put your whole savings but goes in loss. I dont mean that but in business you have to always see from all aspects. How big or small is the business doesnot matter but what you get in return surely matters more. So my view is that first to check the grounds and then gradually increase your investments.

If you don't test first you are not smart and will surely not succeed. I would make a business plan, invest, see how to start without as less investments. Which I call small. Plus I would start with something that is wanted. Otherwise it's useless.

Hi chiyosan, I think much better not to put all your funds in one place because its too risky and not advisable for me. There's a big possibility that you can earn bigger money when you invest all you funds in one account but also has a big possibility that you might lost everything when your investment in a stock market for example went down. Much better if you only invest the half of your money in a certified company or bank and the other half you can open a saving accounts which serves as cash on hand where you can get it anytime, in this case you can make sure that you still have cash on hand whatever happens to your investment.

Everyone has to start somewhere. I'm the type that I want to do what I can but I don't want to expect too much of myself. I'll do all I can and know I gave my all in the activity whatever it is, and, I must be satisfied with the result or find some other way.

I believed great things starts from small beginnings . Start from very basic , from a small investment , observe how it works and prospers. Study and learn if you're seeing things improving even for a penny only , then that would be great ! Gradually increase your investment and be there to monitor and always have a space for discrepancy or liabilities , this is part of having a business .

Nice topic to discuss friend. In my opinion, if we are making money by investing money, so the good theory is the more we invest, the more we get. But in business, the good philosophy is; think big and start small. In economic; With as small as possible capital to achieve profit as maximize as possible.

No, it is too risky for a beginner, your second option is the better. In starting a business you start from the grounds to build a foundations of your business and yourself it is important factor to succeed. Bigger investment yield bigger profit if it will earn as expected, it bounce back, over confident is hard to control it happened anytime, big interest is of big risk without enough experienced in an instance you can be a big loser.