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Is it better to start a business now, with investor's money, or wait until i have enough money myself?


would the gains be more beneficial in the long run, to have complete ownership and keep all the profits to myself, as opposed to having to share profits with partners.

Ask yourself the question: do you like to be a big fish in a small pond, or be a small fish in a big pond? It all depends on your vision for your business and your personal goals.

Some wants to see their "baby" grow into a big business, and they know that they can only achieve growth in the record speed they want with the infusion of cash and assets from other investors. They're willing to share the pie, because they know that it is an increasing pie. Plus, they recognize that adding more people to the team allows them to focus on what they know best, and let others contribute their talents to the team effort.

Others, on the other hand, just want to keep things on a smaller or even personal scale. They have no big ambitions for their business, only that it provides them with their needs plus some extras. They are more willing to take things slower, bidding their time until it grows. Others also would rather have total control of the business, instead of sharing the decision making process. Or they may be more of a lifestyle entrepreneur, where the business is simply a means for them to achieve the lifestyle they want.

There is no right or wrong approach - it simply is a matter of making a personal choice as to how to approach the business.

Which approach will the gains be more beneficial? Still, it depends on how you define "gains." If you want bigger profit, then a business that grows into a $50 million business in 5 years where you own 10% may give you higher financial returns than a business that you were only able to grow into a business with $100,000 profit. In a big corporation with investors, even founders can be booted out if they think you are a liability to the business; in a small business, you can fail because you may not have the right skills to grow the business. Either way, there are risks and gains; what you take will depend on your tolerance for risk and your personal objectives.

Hope this helps
Isabel Isidro

do it now? if you wait for yourself to have money do you have a certain time wherein you know when you will be having money as big as what investors have?

I have a home based business and it was very inexpensive to start. If you will write me at yahoo mail, I can tell you more, since Yahoo Answers keeps deleting my answers if I give you my web address. Good luck, in any case, it can be very hard to get a small business to be profitable.

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