if you are in my position?
By jaycke11
@jaycke11 (21)
Philippines
January 17, 2007 7:03pm CST
i have thought of starting a bussiness but the only problem is i cant financially support the bussiness on my own... i was thinking of three options first is to work hard for the money and and kill my self to start saving my earnings and start the bussiness, second is to borrow the money and invest it on the bussiness that im thinking of and gamble with faith and last is to look for someone to financially support the bussiness and end up working for him..... and if your wondering what bussiness im thinking of? its a restobar bussiness a place that every one can hang out and enjoy good food good entertainment and pure fun... can you guys help me decide or if you have any suggestions that will be highly appreciated.... thanks
4 responses
@specK113 (46)
• Australia
18 Jan 07
If your looking for a financial partner, why do you think you'll end up working for them? Why don't you do some research and take on a couple of partners where the work/money would be equally divided? You always have the option later on of buying them out. You don't have to start a business tomorrow. Build a good business plan and do lots of research. Don't work yourself into the ground to get started or you'll have lost interest (or die) before you have the chance to enjoy the fruits of your labour.
I've just read Richard Branson's Losing My Virginity. He started with nothing and worked out of his mates parents basement for years. Now look at him!
@disvachic (10117)
• United States
18 Jan 07
I want to start my own business to.I want to open a group home for the mentally challenged.I work in a group home now.I love it so much i want to start my own.Have you ever heard of those government grants.Grants that you dont have to pay back and you can use for anything,starting your own business or whatever.Have you ever heard of Matthew Leskow?? He is a great author and he has books on this information and im thinking about buying me a book tomorrow.He tells you where to go,how to apply,what to do to get this money.I am wondering about this money.They claim its out there you just have to know how to go about getting it.
@firemansgirl001 (916)
• United States
18 Jan 07
If you are already having doubts I definately wouldnt use your own money or borrow money. You obviously know you cant handle that. Find somewhere like that to work to get the same effect.
@mujtab20 (434)
• Nigeria
17 Mar 07
Hmm! Well as for me I'll say you go for the second option, 'cause it's always good for someone to take necessary precautions on what to do.
