Why is it theirs a lot of good ideas to earn money but hard to start.

@bulastika (5967)
Philippines
April 8, 2012 7:21pm CST
Every day theirs some new business that's come in my mind like selling ice cream, creating my own soda and sell it cheap its mini grocery stores etc. I know you need some capital to start with this kind of business and failures is really big. I don't know but when you think small time you end up having big expenses. If you think big time you end up needing big capital.
2 people like this
6 responses
@varier (5699)
• Indonesia
9 Apr 12
Two possible reasons: Lack of skills and lacks of passion. And oh, also lacks of patience. But generally, the general solution is just START it right now. Don't be afraid with failure, and when get fail, don't give up! Always remember that you need to do first step in order to run thousand of miles..
@bulastika (5967)
• Philippines
10 Apr 12
I have open five business already and I assure you I spend lots of time for skills as I even attend seminars and short course for that. Passion. I don't open business that I don't like. In fact the only reason why I open a business its because its my passion. Patience. that's all I have right now. And I run thousand of miles already. Problem is that I end up exhausted.
@varier (5699)
• Indonesia
11 Apr 12
Then you need to take a short rest before running again Having a conversation with people who have same passion with you will also help.
@ARIES1973 (9539)
• Legaspi, Philippines
9 Apr 12
You can try borrowing some capital. In every business there is a great risk. But we should never think of failures, instead we should aim for success. We need to be positive all the time. If that would make you happy, you should go for it. There is no other thing thing can compensate than doing what would make us satisfied. I have a new dream for myself also. I will save all my earnings online so that I would be able to put up my own internet cafe in our place. This way, I would not only help myself to earn more but I could also give job to my fellowmen.
• Philippines
9 Apr 12
@Aries: That's a good plan! Saving money from your online earnings, and then when it is already sufficient to put up a new business, put up an internet cafe in your place. That's really good because, you serve your people's need, and it will also serve yours (it will earn you more money!). And that's also what I did, own one here.
@bulastika (5967)
• Philippines
10 Apr 12
@aries1973 I did try borrow capital that's why I have 100,000 pesos debts right now and with 4% monthly interest its really hurting me. I'm hoping that I'm going to paid all of my debt and start all over again. Problem is that I don't have source of income right now. And most of the income I earn online just goes to pay on interest. @mentalghost I did do all this kind of calculation. But sometimes we also need luck in business. You can have brilliant idea like selling ice cream in hot summery days. But same time you need to keep your ice cream cool so that its not going to melt.
• Philippines
9 Apr 12
Business has always been that way.What kind of business would you like to establish?I'm planning to start a small business,selling organic beauty products.My starting capital is 800.Hope I can succeed in that business.
@bulastika (5967)
• Philippines
11 Apr 12
How I wish I can do that also. But I guess its only a girl thing. I don't think theirs going to be a business for male that only started with 800 pesos. the only thing that I can think of is if I'm going to sell streetfood. lols.
@nezavisima (7417)
• Bulgaria
9 Apr 12
to start their own business no matter what the most important thing is to have their capital just then everything will be worked out. but also not forget that this is a double-edged sword might win and to rise to the top but may fall into the swamp. just ancestors situation and suppleness you can do yourself and act on the matter. Success friend!
@bulastika (5967)
• Philippines
10 Apr 12
Thanks. But if you have low capital I think its better you also think small. like doing buy and sell. I'm really interested to do buy and sell online. Selling products that is locally made in our country. But sad to say I don't know how to find a buyer abroad.
@dazzledlady (1619)
• Philippines
9 Apr 12
Agree! So many good ideas to make money but hard to start because maybe it also needs money to start making many money. It is called investment, nowadays it is hard to be successful in money making business if you only invest your time and talents on it. You need money, and most of us dont have that. That is why we are trying our best to think of how to make/have money. Another thing that seems to be holding us down is the risk of failure. You are going to invest your hard earned money into something you are not sure if it will be successful or not. And many will back down to this challenge, they cannot simply risk it all. I say take the risk, just the little one first so that if you fall you wont hit it hard. Slow but steady, make calculated risk. Because we will never grow if we dont take risk in life.
@bulastika (5967)
• Philippines
10 Apr 12
Me I don't mind being a failure. Problem though with failure is financial ruins. That's what happen to me. I can handle failures but I can't handle debts payments. I'm hoping that after I paid all of my debts I'm going to start again with my both feet in stable ground. I can't open a business while I'm still at risk of losing money.
@Graceekwenx (3163)
• Philippines
9 Apr 12
You can say that again Bulastika! In most cases, you would need an investor in your business.. but just the same, since it was solely you who have handicrafted that idea, we would always want to have the income all to ourselves. Right now, i am doing a small business too...well, i buy stuff in other countries that you wont usually see here in our country. I just hope it pays off.
@bulastika (5967)
• Philippines
10 Apr 12
Its easy to buy stuff what is hard is to sell that stuff. Just wondering how do you sell yous stuff and what kind of stuff? Me its the other way around. My dream is to sell what is locally can be found in here in the Philippines and sell them abroad. I'm also hoping that I can work in dubai next month. Just tourist visa and hoping.