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Travis82

posts: 1

Jan 01, 2012 2:46 PM ET    Quote  Report Abuse
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I currently have a very good idea and it would be very cheap to build but would benefit millions of people around the world. I have no cash to get this thing started and I dont know where to turn. I have done tons of research and have never seen my idea any where. Can any one please tell me what i could do? I dont have good credit because I am a construction worker that has struggle my whole life, would that affect me finding good help to get my idea going?



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robertj

posts: 1458

Jan 02, 2012 12:43 PM ET    Quote  Report Abuse
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Travis,

While having a good credit history is a positive asset - having a poor credit score isn't necessarily a "show stopper". It will make some things a bit more challenging.

 

On the other hand, starting a business with no capital is a significant challenge. While there are some steps that you can (and should) take that require little or no capital - the time will come (fairly soon) where it will be needed to move forward.

 

So your plans and sequencing should include the acquisition of "enough" capital to move to the "next" stage.

 

If you want to discuss your specific situation, feel free to drop me a PM or contact me directly

 

 



-------------------------

Business Growth Masters, LLC -
Capital Catalysts for Entrepreneurs
Home of the Scalable Business Plan and QuikStart Capital Programs
http://www.bizgrowthmasters.com
info@bizgrowthmasters.com


daveb1

posts: 146

Jan 03, 2012 12:06 PM ET    Quote  Report Abuse
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Hi Travis82,

Do not let the fact that you do not have a lot of money deter you from your dreams.  Do you have any family or friends you could ask for a loan or investment? The best thing you can do is save a little money on your own or find a flexible lender and make a prototype of the product you invented.  Once you have a working sample and a business plan your options for funding will open up tremendously.  Does it have to do with the construction industry?

baililai_hk

posts: 33

Jan 05, 2012 12:35 AM ET    Quote  Report Abuse
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i can do nothing for you but wish you and your invention will success



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Baililai provide business service in China, our website: http://www.company-cn.com
Visidea

posts: 13

Jan 07, 2012 3:31 PM ET    Quote  Report Abuse
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Hi there. I think this site will benefit you all tremendously.

 

If you are an entrepreneur that needs exposure, assistance, or start up funding from investors, sign up at visidea.com. Our site is a resource for angel investors and investors alike. Any questions or comments are welcome. Thanks Smile



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