What business for 20k?

[mE_bytes]

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Guys,

ask lang ko what business ang maayo for 20,000.00 Capital?
I'm currently a College student and I want to start a business of my own on my own money..

any ideas?

[Rafalga]

Whats with this "Business for P1, P5K, 10K, 20K, 50K, 100K, and 3M" Threads

You posted on this section of the forums, atleast you got that right.

the best next step that you could have done was to use the search button instead of shooting a new thread.

“A journey of a thousand miles begins with a single step."
-- Ancient Chinese Proverb

“A journey of a thousand miles begins with a baby step"
-- Robert Kiyosaki

[rts1980]

bai, ako ika suggest nimu, ayaw sa pagbusiness while your still studying or still in college.. kay if your going into business, dapat man jud imu na tagaan ug time nimu para matarong ug dala labaw na your still about to start pa.. I suggest i save sa na imung money and when mahuman naka ug college, that's the time na pwede naka musulod ug business.. atlist pwede nimu ma full time.. ayaw sad ana mga networking or MLM bai kay basin mawala ra na imung money.. finish first your education then afetr ra ana, that's the time you can go into business..

[Rafalga]

I would have to disagree with you rts1980, I'm for mE_bytes starting a business, its just that he have to learn how run one first.

But I do agree with you about your opinion with MLM, unless he is willing to spend 5yrs of his life doing it, if not dont go anywhere near those

type of "business"

[rts1980]

that's your opinion Rafalga, our family has been in business for a very long time and now that I have my own family, I too am in business.. sayun ra kaau musud ug business ang pangutana ang pagmaintain and how to make it grow.. when you go into business, dapat man jud mu hands on ka ana nga business, kung imu nana pasagdan or lain tao padad on, dapat nakadevelop naka on a system on how to check on your business.. tinuod, you have to learn how to run it first but dili pasabot kung kabalo naka unsaon ug padagan, imu na pasagdaan and dili ko mutanaw personally..

[rts1980]

kani ako pagtambag kay based on experiences, my family wouldn't have reach what you so called financial freedom in the sense na we can buy anything we want, go anywhere we want and even treated like VIP at Big and stable banks if wala namu ge t7arong ug pagdala amu mga negosyo.. Hambog lage ko paminawon pero ako man jud, when I give out suggestion, I usually based it on experiences.. nindot bya pud na makatabang ko sa lain even though not financially but atleast mga food for thoughts lang ba or advices na magamit jud nila sa negosyo..

[Rafalga]

I acknowledge your advice rts1980, my only point was only to let mE_bytes decide for himself and gain the

experience he will need in the future.

As you have mentioned, you have the experience, which in my opinion is priceless, valued more that the

amount of money you lost in the past, would you agree?

To gain this experience now, win or loose in his business ventures is a good investment time wise.




My 2 cents

[rts1980]

true, nindot man jud na mka gain cya ug experience on his own but now a days, with our current crisis, we, kato mga naka experinece na on how it is to lose money and gain money, must be able to give advices to these people who wants to venture into business the right way.. atlist, makatabang ta ana nila paglikay on what we call bad investment kay money bya labaw na karon panahona, nagkalisod pangitaon.. don't you agree? If they could start business in the right way so much the better.. they might encounter problems along ther way but atlist pagstart palang, maau na ang pagpadagan..

[wealthyhead]

look for mentors first, get financial education as much as you can, invest in knowledge first, start small

[jabez_rmc]

to TS..congratulations..not everyone has the vision of having a business at a young age..

go ahead bai..start a business but start a business which you could chew!!! what im trying to say is start a business that you could manage to grow and attend to while not compromising your studies...

your studies is one of the biggest investment you have...it affects how you think and act and molds your attitude..if you miss up with your studies, you missed up big time!!!

i think what rts is trying to say is that going in to business is a serious matter and should be thought carefully..