Comment on Anon is 23
TubularTittyFrog@lemmy.world 1 day agoit is easy.
just have wealthy family willing to give you start up capital, and who will give you money when you crash and burn your business.
Comment on Anon is 23
TubularTittyFrog@lemmy.world 1 day agoit is easy.
just have wealthy family willing to give you start up capital, and who will give you money when you crash and burn your business.
WoodScientist@lemmy.world 1 day ago
Have to say, this is an extremely self-defeating attitude.
Yes, you’ll have trouble if you want to start a business that requires millions in startup capital or highly specific skills or hard-to-obtain licenses. But immigrants come to this country, often not even knowing the language, and they manage to start up businesses without any family help or advantages.
The key is they focus on businesses with minimal startup costs, or ones where you can start small and reinvest the profits into growing the business. You don’t try to open a car factory. You start mowing your neighbor’s lawns, possibly even using their mower. Use the money from that that to buy more equipment. Iterate. Pretty soon you’re operating a whole lawn care business.
You can search for lists of business types that require little start up capital or licensing. Research those, find something that appeals to you, and give it a go. If it fails, try something else. If everything fails despite your best efforts, at least you can sleep at night knowing you tried your best.