The advantage of self investment?

[Reedex]

It is often better to invest in businesses with your capital than to approach the bank. Using your capital has a lot of benefits because you would not be making any repayment. The business may crumble if it's not making profit initially if you habe obtained loan to start up .

 

[Starmix]

Better start a business using your own savings so no one could blame us if failure happens, but much better to see your business grow and boom so that the business owner can save again.

 

[Shavkat]

You said it right. It is best to have the working capital than asking money from banks. Having loans is not good in starting up a business.

 

[Johnson2468]

The advantage of investing in one's self I like most is financial freedom

 

[Imran Noori]

I think taking loan for starting a business is not wise because what will you do if your business fail?

 

[eldavis]

There is this peace of mind you get when going into an investment or starting up a business with your personal money, especially when you worked hard for it. No matter what happens there is this confidence that if you can do it before you can also do it again.

 

[Stardom22]

It's obvious that self Investment has more benefits than investing in other people's businesses. The reason being, you can have control over your investment and likely to make more than when investing in elsewhere.

 

[Springtime]

I agree that it's better to use own savings to start a business. If you do not have enough capital and need a loan, apply for SME loan from the government. The interest rate is usually much lower.

 

[Stardom22]

Making investments with your own capital is deemed profitable because you are not required to make repayments with higher interest rates on business loans acquired from the banks and other financial institutions.

 

[Sophie]

Self investment is really good especially to those people who don't have any desire to work in the one percent
When you invest in your self you are building life long skills that would take you places

 

[Stardom22]

Investing in the self investment business has lots of benefits because you can be so much sure about what you do on the business and what that can be done to improve the performance of the business.