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Do I Invest For A New Business?" This Finance Succcess Article may be
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How Do I Invest For A New Business?
Let’s be honest, many of us dream have that one day
starting up and successfully running a new business and leaving our miserable
jobs behind to become our own bosses.
And whilst many do just that and at least make a go at
running a new business there are even more who never quite stop dreaming about
it and find the courage to actually do so.
One of the reasons people give for not starting up a new
business is a lack of finance. Well firstly that is a very poor excuse, if you
believe in yourself and your own abilities to make a success of your venture
then that alone is the biggest investment you can make in running a new
business. Yes, you are the most valuable asset a new business can have, you and
your specialist knowledge, your pride in getting a job done properly and having
an absolute belief in your own abilities to make a success of running your new
business.
Let’s say it again, ultimately you are the only thing
worth investing in for running a new business and you don’t cost a penny, dime
or cent. So what are you waiting for?? Running a new business is absolutely
free, you don’t actually need to invest in it to get it off the ground because
all the investment should come from within you and not from a bank or
money-lender.
So once you’ve decided to invest in yourself, first in
order to get your new business off the ground you are at some point going to
have to think some sort of financial investment. See, eventually money does
come into it but it is useless if your business plan is useless or you don’t
have the personal wherewithal to actually make a good idea happen and the best
place to seek such investment will be your bank.
All banks will have a new business advisory department
and they will be more than happy to talk with you of your business plans, so
make sure your plan is a good and sustainable one and if it is: they’ll
certainly listen and if they like it, they will definitely lend you the money.
It should be said that banks exist for you to borrow for things such as
investing in a new business, they like people who are prepared to give it a go
and if you demonstrate this and a fierce determination they’ll lend you the
money to kick-start your new business.
When investing in starting up and running a new business
it is vital that you don’t waste your initial investment on fancy cars, flash
offices and a menagerie of staff. Basically, don’t walk before you crawl, all
these trappings of success will come in time but to start off creating an image
of success ultimately will mean you will fail because the best investment you
can make at this stage of running a new business is dedication and hard work,
that’s how you achieve lasting fulfillment and success and the trappings that
go with it. If you just want the trappings without the hard work then don’t
bother starting your own business because hard work is a better investment than
an unearned top-of-the-range motor.
Reaching to nature for the best metaphor to consider when
investing for running a new business, it is a whole lot better to invest in a
bag of acorns and watch them grow, yield and flourish than it is to buy a lot
of old oaks and see them wither and die.
And finally, again, it should said the biggest and best
investment for a new business is you, your idea and your desire to succeed.
With these, you can’t go wrong!!
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