Rich vs Poor: How to start?
By Gil
@aboveus (17)
Hadera, Israel
December 13, 2015 9:21am CST
Hi Everyone,
I have read some books talking about the difference in THINKING between rich and poor people, and i think generally i got the idea.
Rich peole are less likely to be afraid of taking risks while the poor will tend to avoid them without calculation.
There is a fundemental difference in the way rich people talk about money than poor, for instance if a poor person can't afford something he will try to not spend money while the rich will actually think about how to get more money.
Of course i am sure you will have different opinions regarding the above.
But i didn't find an answer to myself to that little question - How to start?
I would appreciate any idea you might have of starting a small business with minimum risks involved.
Thanks
Gil
4 people like this
5 responses
@shellyjaneo (1081)
• United Kingdom
13 Dec 15
I think most businesses have to start naturally, for example I used to make Jewellery for fun then I started selling them, before I knew it I had an online business, I was making £6,000 a year on average for 4 years. Not enough to give up work but a nice amount. I gave up when my little boy was born because it was too much work but I am thinking of starting something else at the moment. It has to be something you enjoy x
2 people like this
@shellyjaneo (1081)
• United Kingdom
14 Dec 15
@aboveus Yes that is a niche market. Do you enjoy design in general ? graphic design or art if you are good at those you can find a niche within that that is more marketable x
@aboveus (17)
• Hadera, Israel
14 Dec 15
Well, when it comes to work the only thing i have ever enjoyed with mechanical design, i am also a mechanical engineer..
But the thing is .. it is VERY hard to actually succeed in this area if your product is mechanical design.
There are few companies here which rules the country and i haven't seen lots of small business of mechanical design.
1 person likes this
@aboveus (17)
• Hadera, Israel
14 Dec 15
Well, i had few ideas in mind.
1. Mechanical design (see my previous comment).
2. Designing and selling a product which invloves in agriculture - for the past 4 years i have been working for 2 companies in this area so i have a good idea.
3. (Off of my profession): Sell products on the internet - i was thinking about baby products or cosmetics.
So fat these are the main things i have in mind, but everything is still blur to me.
1 person likes this
@Bluedoll (16773)
• Canada
13 Dec 15
I think the only way to start a business with minimum risks is to only look at ones with little or no overhead. Any investment will bring up that risk factor and when you get into loans even more so. However like the comparison you made between rich and poor lets discuss that a little. Usually you need money to make money but money can be earned with hard work or so they say?
2 people like this
@sakeguci (80)
• Tangerang, Indonesia
14 Dec 15
that's useless if you don't have point in working hard
@sakeguci (80)
• Tangerang, Indonesia
13 Dec 15
i don't know but i think rich or poor that people were , it's the matter how they thinking and respond their thinking,
can they change? or not?
can they do it? or not?
do they have courage to do that? or not?
