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@Samuel77 your views and you have every right to air them. Starting Big because you have access to large capital doesn't mean so much if you look at what happens to most big firms that crumble after starting big wit all facilities. It's just like building a multiple story on a weak foundation. The business will easily fall if not well grounded in the industry.According to my own point of view I believe starting big is the best because when you start big people will like to patronize you based on your standard and your equipment but when you start small not
@Mika over 85 percent of fabulous business ideas that couldn't be actualized is caused by lack of financial backings. Most developing countries are suffering due to inadequate funding to start and sustain a business.Whether you want to start small or start big depends on various factors such as resources you have, the team you build, knowledge and skills you and your team have, the idea you want to work one, the market condition, etc. Starting big without financial back up can really be harmful.
Financing might be the most important thing required to start a business, however, lack of finance may not be the only reason why a business cannot survive, or why the business cannot be launched. If you have a unique idea and if you can show how big your idea can become, you can easily attract investors.@Mika over 85 percent of fabulous business ideas that couldn't be actualized is caused by lack of financial backings. Most developing countries are suffering due to inadequate funding to start and sustain a business.
We all dream big when starting a new business and I keep asking myself, is it bad to start small?
The good thing about starting small is you can easily get up when you fall. There is little capital so there is little risk. If you start big and go all-out, chances are you’ll run out of finances and experience failure without comeback.
Dream Big but Start Small.
@Mika that's true. I understand your point and that shows you're in clime where thing work the way it ought to. To convince an investor in some developing countries to invest in your a business idea that's still abstract is nearly impossible. Financial institutions who have all it takes won't even give loans to start such projects even if the marginal social benefits is higher than profit.Financing might be the most important thing required to start a business, however, lack of finance may not be the only reason why a business cannot survive, or why the business cannot be launched. If you have a unique idea and if you can show how big your idea can become, you can easily attract investors.
@Tariq one of the most important lessons and skills are usually horned when managing a small business venture with aim of growing the business into a large one. Having gotten to a stage of recognition in the industry, scaling business hurdles won't be a problem.information prior to beginning any business
Beginning little will assist one with observing and appreciate the advancement of the business. Now and then fretfulness drives one to begin a major business. I love enormous organizations and I petition have one. I additionally realize that a few people began little prior to getting to where they are currently.
You just hit the nail on the head...Many of us hate to start small forgotten that a little drop of water makes an ocean and we should despise the days of small beginningWe all dream big when starting a new business and I keep asking myself, is it bad to start small?
The good thing about starting small is you can easily get up when you fall. There is little capital so there is little risk. If you start big and go all-out, chances are you’ll run out of finances and experience failure without comeback.
Dream Big but Start Small.
I agree with you. So many people do not want to start small, that is why they even go to the extent of taking a loan to start the business. If you start small, especially without loan, it would be very much easy to manage the business and handle losses if any.We all dream big when starting a new business and I keep asking myself, is it bad to start small?
The good thing about starting small is you can easily get up when you fall. There is little capital so there is little risk. If you start big and go all-out, chances are you’ll run out of finances and experience failure without comeback.
Dream Big but Start Small.
@Bookwormlux most aspiring business owners usually thinks after sourcing capital through any means the business will hit the ground running. Even when cautioned, they will boast that their business plan is fully proofed for all business contingencies.I agree with you. So many people do not want to start small, that is why they even go to the extent of taking a loan to start the business. If you start small, especially without loan, it would be very much easy to manage the business and handle losses if any.
Yeah i totally agree with you that when starting a business , we should start with a low capital so that from that capital we can grow and make our business step by step growing .With low capital risk of losing invest are low and we can achieve our goals as slow and steady wins the race. When investing a big amount there are always chances that we can lose that then we will be in a big trouble. So the quote is really good and quite fits the situation that we should always dream big but to chase our dream the steps taken must be small.We all dream big when starting a new business and I keep asking myself, is it bad to start small?
The good thing about starting small is you can easily get up when you fall. There is little capital so there is little risk. If you start big and go all-out, chances are you’ll run out of finances and experience failure without comeback.
Dream Big but Start Small.
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