Difficult aspect in starting a new business?

[Sariana23]

People often lose capital when they invest all of the capital in one kind of business. This is why capital diversification is really important. There are many people who have a limited amount of capital. However, due to luck, they eventually gain success and reinvest the capital they gain after earning profits.

This is a good option for diversification of capital, it is better as I have already mentioned, invest a part and save or invest in another platform or offline sites, since when we refer to this we must be aware that there is risk, sometimes you win and others you can lose. It is better to have a backup and not risk everything.

 

[Essy]

For me, the most difficult part of the business planning is the acquisition of the capital. That is the usual problem of budding entrepreneurs that it is like a trap. You make a start up with insufficient capital and that would cost you big time.

Planning is always going to be a complicated step because one has to think to plan step by step all the activities involved in completing the project.

 

[Good-Person]

This is a good option for diversification of capital, it is better as I have already mentioned, invest a part and save or invest in another platform or offline sites, since when we refer to this we must be aware that there is risk, sometimes you win and others you can lose. It is better to have a backup and not risk everything.

Yes, diversification is important. I will be trading in crypto, but I do not know if i must diversify my investments or invest in the same coin right now. I will only be targetting the coins that are rising as of now after analyzing the data from Coinmarketcap right now. This is my primary way to trade in crypto right now.

 

[Sariana23]

Yes, diversification is important. I will be trading in crypto, but I do not know if i must diversify my investments or invest in the same coin right now. I will only be targetting the coins that are rising as of now after analyzing the data from Coinmarketcap right now. This is my primary way to trade in crypto right now.

Excellent, any decision you make with knowledge will be wise, I have read in publications of other members with experience, that the most advisable is to diversify in the investment of cryptocurrency, if one goes down you can have a backup with another that can go up.

 

[Tislad]

There are different aspect that makes starting a business difficult but the major i feel is capital other might be not knowing the kind of business you want to go into.

 

[Kaffyfolla]

Raising fund as a seed capital has not been so easy even if you have the business idea, then the location is another aspect needs to be studied very well because if you choose area that doesn't welcome your business, there is no way you could maximize the profit

 

[Ghost1]

I see most people say capital, sometimes the challenges are more than capital, getting customers can also be a problem to a newly established business.

For already established business the problem would be capital but before starting the most difficult task is getting a capital to start the business. Unless you are loaded

 

[Senator]

Conceiving an idea of a business is t something that easy to achieve. This aspect of the business process cam actually drain your energy greatly. Another aspec is the gathering of the financial requirements for the business

 

[Joseph212]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

The aspect of raising of capital and frequent stability is one of the difficult place and satisfaction of the customer

 

[skyliequiz]

The most difficult aspect of building any business is informing others that you exist. Anyone who claims to have no competition for their company concept is lying. Everyone has rivals, and the most common one is nearly usually, "I don't have time for you and I want to retain my money."

 

[Good-Person]

Excellent, any decision you make with knowledge will be wise, I have read in publications of other members with experience, that the most advisable is to diversify in the investment of cryptocurrency, if one goes down you can have a backup with another that can go up.

Do you deal in cryptocurrencies? I mean do you trade in crypto coins? I want to know if it is a good idea to actually diversify your investments when it comes to crypto trading. Right now I am planning to focus on one coin though. I am think about trading in Dogecoin.

 

[Tislad]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

If you are starting a new business you must have have a business you are into before, which means you are adding to a business you are into previously, then you must know the kind of business or have an idea of such business to be successful in it.
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The main difficulty in starting a business is capital once you know ghe kind of business you want to do and have your capital your location and customer base is a small thing

 

[ahmedo24]

@Tislad , it is not a must that if you're starting a new business you must have had another business before everybody can start a new business at any time. can extend capital may be the difficult aspect of starting a business because if you have capital you can easily get business plan and study it then kick start.

 

[Sariana23]

Do you deal in cryptocurrencies? I mean do you trade in crypto coins? I want to know if it is a good idea to actually diversify your investments when it comes to crypto trading. Right now I am planning to focus on one coin though. I am think about trading in Dogecoin.

I am not trading cryptocurrencies now, however I have a small investment. On the other hand I have read very good reviews of Dogecoin, I guess you have studied and analyzed the coin, since to trade in it you must have full knowledge.

 

[Josan]

I'll say fund is one of the most important things to consider when starting a business, without it you can't have access to what you wanted to do.

 

[Stnicholaz]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

The most difficult aspect is obviously raising capital. Every other aspect can do but to kick start the business requires capital. I have good business idea and plan, I have done necessary feasibility studies etc is holding back is capital.

 

[Immilash]

starting a new business is not an easy task ,you will have many bad experience and discouragement from various angles,even your family members ,but don't give up at all cost.

 

[Toyoabasi]

There are different stages involved in starting a new business right for point of conceiving idea, planning the business, feasibility studies, raising of capitals and setting up the business up to the point of marketing the business till it begins to good profit in your opinion which aspect of stage is the most difficult?.

For me, the most difficult stage is the planning.
It is not easy to plan a business...that is of course the backbone of every business, if your business fails, it is due to poor planning.
This stage requires so much carefulness.

 

[Mentor]

The difficult part of growing a business is getting people to know that you exist. Anyone who says their startup idea has no competitors is a liar. Everyone has competitor

 

[Savkid]

The difficult aspect in starting up a business are mostly capital and marketing because if you don't have a reasonable amount of money for your business to stand well then expect the risk and loss