Forums: Discussions for entrepreneurs and small business.

There is realistic and then there's "another way". Sure, it would be nice to have the resources to have $1000 or more to start a biz, but that's not reality a lot of time. As I said earlier, I made over $200k a year when I was in a different part of the country and in different economic times. Now, I'd die for that same $1000 to buy some new equipment but because we've spent all our savings and have found our credit going down, that's not going to happen. SOOOOO --- you look in other directions. You figure out another way to do it. You find groups like Kickstarter to help. It's about the community. I really hate the mentality of oh well, sorry. Look for something else. Where there's a will there's a way. What's more important -- make sure that your business is going to be something that WILL generate an income once started. Look for people to help you create that business: investors, partners, etc. But don't give up just because someone says, if you don't have $1000, you're stuck.

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Nancy Becher we help small biz connect/collaborate/SUCCEED www.success4biz.biz certified mastermind facilitator business mentor entrepreneurial consultant

@smallbizjunkie - Explain to me where I ever said to give up.  My advice was:

1) Don't launch until you're well capitalized.

2) Spend your time solidifying your business plan, then approach lenders/venture capitalists.

If you're going to criticize my advice, please at least criticize what I actually say rather than the words you try to put in my mouth.

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Nancy Becher we help small biz connect/collaborate/SUCCEED www.success4biz.biz certified mastermind facilitator business mentor entrepreneurial consultant

Kate I agree with a lot of the comments but I am an eternal optimist if you are committed to you idea or dream. You must take an honest assessment of you current situation and then decide whether you should or should not start a business. I agree that $1,000 is easy enough to earn with a job or just being resourceful. No one will invest in you if you cannot clearly articulate what you are doing and what the money will be used for. More importantly how they would get it back. I wrote about all of this in my book Start From Where You Are to help entrepreneur wanna bes become successful entrepreneurs If you cannot afford the $10 to buy my book online then you contact me, but this may be the wrong time for you to start you ventur.

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Entrepreneurial Coach, Ken Esrig http://www.mistproductions.net

I’m sorry Kate,  but if $1,000 is a problem, you shouldn’t consider starting your own business. Or you should ask for your family to provide you starting money. Or you can refer to your friends. If you cannot borrow money from them, you should stop opening your own business. 

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Cool Advice Friends,Thanks.I think so this is Great Forum to Discuss about Business.

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