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Should He wait or start? Share your opinion
I had a discussion with a friend about his intending business. He is been talking about the business for long now and always ending with the same line “I don’t have enough money to start this business, that is what is still keeping me, once I have the required funds for this business, I will start” I was like ? you need the required capital for the business before you can start? why not you just start with the funds at hand? you can start by buying few equipment for the business, when you have more funds you move to the next line of action. But He objected. He asked ” what if the equipment get bad without even the business starting? I am worried about this. I need your contributions. What is your take on this?
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5 Replies
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I suggest he finds another business idea which doesn’t require too much capital to start, invest his capital at hand in it & later in the future when the capital had accumulated & he had got other enough savings, he divert to his dream business.
Because, if he bought the equipments for now and fails to get capital for the stock, he will end up selling the equipment which would have depreciated hence incurring some losses. -
Enough money?
The truth is, there is never enough money. A number of things are however coming up;1.Look like your friend is in denial and that’s why he is trying to play defensive. Perhaps some mentorship can help and soon he/she will be back to his senses.He will know that an Idea is the most important.2.He/she has more other friends who could be dragging him backwards.He is listening a lot from them.He has to leave them if he want to progress.3.Your friend is desperate for more money and this is dangerous. Let him be contended with the little he has and God will expand his territories.
Conclusion
This friend can reconstruct and do moverous in business. He need to accepted situations and move on one step at a time.
He can also join Faithflows for motivational words from members. -
The fact is, when God is involved in his little, He makes it much!…Therefore, your friend shouldn’t be afraid to start small because I know he will not remain small…..So, let him put away every form of pessimism and put on that of optimism; let him start with what he has and shouldn’t look down on it because it will surely increase mightily!
Wishing him the best!?? -
What kind of business does the person want to venture into? He should start from small then grow to the level he wants to be , let him remember Rome was not built in a day and a little drop of water form a mighty ocean, never despise a little beginning .
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In the business world,everyone is paid in two coins:cash and experience. Take the experience first;the cash will come later.
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