You can start someway somehow

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In one of my recent posts: Two most serious things that make it hard to start a business, I got some comments where some try to point out that money is one of the things that makes it hard to start a business. For that reason, I have tried to come up with something about money and how it influences our decision in starting a business

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Is it good to continuously seek money for the sake of business?
There is always not enough money for a business. Even if a million-dollar inheritance falls on your head, the money will go somewhere - and maybe even faster than if you started everything from scratch. But business will not work without money at all, so many put off ambitions for later - I'll start earning, save up more, get an inheritance and sell it, children will grow up, and in the end, they never start.

What to do

If there is no money, there are three ways out:

  • Put aside the bare minimum of a few salaries and start with something very small. Are you dreaming of opening a bike rental? Buy 1-2 bikes of your own and try renting them out at the park. Do you want to make wood furniture? Buy a minimum of tools and start sawing stools on the balcony. Then scale up.

  • Find a partner or investor. You will need to come up with a cool idea, carefully consider cooperation and formalize everything so that later there will be no problems.

  • Taking out a loan is not a bad option if you are sure that in case of a failure, you can pay it back. It is always good to be optimistic and believe in yourself. Nothing good comes easily as we already know, But with determination, you can achieve something very great

In any case, you need to open a business for the sake of money and not seek money for the sake of business.


See you some other time. Thanks for visiting my blog.


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