Offcourse we are all aware that capital is a challenge to many but the fact is that the best is to work out modalities to raise capital for your business because it remain a strong factor.
Making Money Online Full Time or Part Time?
- Thread starter AlexanderM
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For me I accept with you that capital is a soul of any business without capital I dont think that any business can be sited,but in my location I think that loan is very available to anyone who want to get it so you can get a loan to start the business in as much as you have the potential to manage the business properly
That's it. Just look for a possible way to raise capital than to take loans to start the business. I don't like starting business with loans. What of you? Do you take loans to start businesses)
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Making money online on full time basis will be very good for me right now because I am less busy. I think it is better than staying idle because it will help you to be more financially independent when you are unemployed.
As president I am still making money on part-time basis because I am still retaining my salary job. but my plan for the future is to make full-time income online so that I have I have more free time is to do some of the things I need.
That's it. But working online full you will need to sacrifice a lot. There is a wise saying that says there's no success without sacrifice. You need to sacrifice a lot in other to succeed.
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I also do not like to borrow money and I will always use my own funds instead of ending myself up into bad debt or some sort of legal trouble. I have seen many people getting into legal trouble when they fail to clear their debts.
Some of them might even be sued. I also don't want to take loans to start business simple because loans are easy to collect but hard to take it back. But have you ever been sued for not clearing an outstanding debt?
Loan is never that hard to pay back in as much as you have the knowledge to manage the propose business and allow the business to yeild you profit then paying back loan is very easy which business brand are you into and which location are you
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In a few cases loans can become really hard to pay back and the borrower often start facing severe financial problems as a result when they get into debts. Many people suffer from depression as a result and this is why people must think 10 times before applying for a loan.
It seems like you don't understand the point I'm trying to make. I mean people find it easy to take loans but when it comes to paying it back they find it very difficult. And also when you take a loan you easily spend. Or do you think loans are easy to payback?
Its depend on the person that collect the loan sincerely loans are easy to payback if you plan properly and I think if you put your effort to manage the business which the loan was collect for then its going to be easy paying it back tell me what are you going to do with the profit you made from that business because there is no business without a gain
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When I have enough profits, I will first payback the loan I take to start the business and then reinvest the profits. If it were you what will you do with the profits?
This process will take a lots of time. This is because you will first need to generate revenue and then payback the loan. After that you will have the actual capital to re-invest in the business and this process is really long.
It's very long but what way do you think will be the best?My on opinion is a long way to go but what's your pick on these. I will await your response.
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Well, I know that this can be a really lengthy process, but you may not have other option. As far as I am concerned, I have always avoided borrowing loans. If you do not want to wait, then you must start your own business with the small capital you have rather than borrowing loans.
My own views are very lengthy,but if it were you will you start with the little one you have or you take loans? How will you like it to be?
You're right about that, sometimes I wish am kinda free. It's really better than staying idle and doing nothing especially when you have a lot of spare time to work and concentrate online, all you need is to press harder.
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When I was new to online work, I was working only part time, I spent 2-3 hours every day on various writing sites,. As my work began to pay off, I started spending more time. Now I work online full time.
If I have given the opportunity I would like to earn full-time income online. the reason is because of the free time I am going to derive from earn full-time income online. There some other projects I need to do which require my time. So it is imperative for me to earn full-time income online.
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