How Did You Get Capital For Your Business?

[Bisolami]

When starting a business, a lot of us sought capital.
Some people request money from family and friends, some people take it from their savings, and some people even take loans because they believe that it is the fastest way.
Do you have a business? If yes, how did you raise capital for your business?

 

[Shavkat]

I did not shell out with online shop at present. I just sell the old or new items stored in my house.

 

[Bisolami]

I did not shell out with online shop at present. I just sell the old or new items stored in my house.

Ooh that's a very good business. It is kind of creative. I like that

 

[Starmix]

If I decide to run a business, I will use my savings. I won't borrow because if cannot pay on time there's surcharge of the interest.

 

[Ubcash]

At the moment I don't have any serious business I am into. But when I want to go into it, I will go for loan, especially if every other sources failed.

 

[Shavkat]

Ooh that's a very good business. It is kind of creative. I like that

I also think so. Thank you.

 

[Stardom22]

I acquired my capital for the current offline business that I operate from my savings. I normally save 10% of my income streams monthly.

 

[Starmix]

For the capital that I ventured into years back, that was promoting local talents. my capital was 80,000 pesos talent fee and space rent. The rest are from sponsors.

 

[Kennysplash]

I don't have the capital yet, that's why I'm working to save up money.

 

[Alams]

I just raise fund myself by working for sometimes both online and offline and raise the remaining through family. It's better to start small and later turn it into a big business

 

[AmazingJob]

I don't have a business yet and the capital. But my brother told me if we want to put up a business. We never talked about it again and the money he have was used to build a new house instead. The house is still in the making.

 

[Starmix]

@AmazingJob , that is a very good decision. Do not talk yet about business because you still have your ongoing business that is to finish the construction of your home.

 

[Enxx]

As for me the only way to get capital to start a business is by working ourselves to earn the money and from the we can save to start a business

 

[Golden9]

When starting a business, a lot of us sought capital.
Some people request money from family and friends, some people take it from their savings, and some people even take loans because they believe that it is the fastest way.
Do you have a business? If yes, how did you raise capital for your business?

I'm yet to have one, buy I want to have a fulltime job as a blogger soon. My capital would come from working on paid to post sites and cryptocurrency trading.

 

[funkie]

As many people have stated above, I will hopefully try to run a business from my own savings, even though that has a huge risk attached to it, I believe that it is still better than being in debt or having to take a loan

 

[hastral45]

You have stated it all different ways money could be raised to start a business. so it depends on which one works for you. no matter which one you choose, you must have some savings as well.

 

[Reedex]

There are various ways of which you can fund your business and you could go through different means which could be through loan or crowdfunding.

 

[Magnus2022]

I received free money from one of my rich uncle. I immediately use it to start my offline business. Though I still add my own money.

 

[eldavis]

I worked for a year under someone, during this one year i was able to not only generate enough income, but also get experience as well for the business startup.

 

[Edulady]

Yes I have a business. I got funding from online earnings. It took me a whole year to raise enough funds to start my business.i was unemployed at the time so I spent all my time working online.