Average people think it takes money to make money, Rich people use other peoples money to make money

[jiloi_choi]

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I have a business idea, I really love my idea but the problem is, I don't have capital to start my own business.
I don't know where to start
After reading and watching so many videos about successful people, I have realized that rich people are rich not because they are lucky, they are rich because they have the right mindset, and their money blueprint(money thermostat) is set really high.

I need your help fellow entrepreneur istoryans
I need some advice

How do you use other peoples money to make money?

I am thinking that, I have this business idea but i don't have capital, so I will just attract investors for my business?
and once the business goes well we will just split the income? or use the money to make the business bigger

[makie]

Normally through loans. You borrow other people's money to fund your business and in return, you pay them a fixed interest. Businessmen does that, investors does that.

[jiloi_choi]

Normally through loans. You borrow other people's money to fund your business and in return, you pay them a fixed interest. Businessmen does that, investors does that.

hi,
I was thinking of applying for a small business loan, I still don't know what the requirements are. tnx by the way

[makie]

hi,
I was thinking of applying for a small business loan, I still don't know what the requirements are. tnx by the way

For less hassle, maybe you can consider approaching some of your family members. I did this a couple of times when I needed some capital.

[700club]

Adto sa imong banko.

[-_-]

For less hassle, maybe you can consider approaching some of your family members. I did this a couple of times when I needed some capital.

sakto ni, this is the best form of initial market research, if ma convince nimo imo family members to let you borrow their money then naay posibility na feasible imo proposal, ing ani sad ni sa pag approach ug investors

[istoryamember]

basin pwede na sa Dragon's Den Maayo unta maabot ang Dragon's Den dinhi sa pinas

[dranyam88]

For less hassle, maybe you can consider approaching some of your family members. I did this a couple of times when I needed some capital.

I strongly agree with this! Banks and other financial firm wont allow you to get a loan unless you have collateral or a good profile or a big deposit, i supposed.

[facebook]

duol ka sa mga coop murag dali rana saboton ng gagmay nag mga coop