The true confirmation of entrepreneurship is field work. Yes, you will have to convert paper works to practical. Without this, we still remain uncertain about your entrepreneurial stance. One plus one equals two, not when trying to compose practical figures. Of course huge sales can end up at a loss, one big expense just swept in. So when you say I buy at $A and sell $B to keep a profit of $c, be careful. Ok, I am just trying to help you resolve depression.
I know a lot of people around here should be used to that demo trading account. Even talking about that, it seems one can easily make profit on demo but the moment a reality switch is attached, the reverse is always the case. Yes, I understand, the fear now becomes very real. All those decisions to hang in there for a longer time start fading because real money is what we are talking of now. How long can you watch your hard earned $500 dollars turn $400, the later $300?. In short, a 50% price slash is more than enough to bear.
This was not to be the article for today but I am just imagining it. At least, we have been victims at some point. Salvage what is left! That's always the ‘fear feedback message. I get fortunate atimes if that's actually fortune, trading the wrong token is an inevitable loss.
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Looking away from that, my concerns was just how we will connect dots to scale business. I have had to analyze and re-analyze the entire scenario. Will a loan really be of favor to us? How will you know if you don't first try it out? A soft loan will be a good one but how about a grant. What is the advantage and also the disadvantage here? You think a grant has no disadvantage. We will talk about that in the later part for now let's go for its pros.
This is where grants and Angel investors make more sense than loans. If we fumble in the long run at least there will be no one to come and hold us on our neck. Adding to that, it can be a loss in exchange for experience. We need to know our strengths and weaknesses in getting a huge loan if we are capable to pay back without staining our business records. From here, a grant really substitute in as a demo; note, this does not mean that we are in any way planning to squander it.
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My analysis currently has shown the minimum capital we will need to upgrade this business unless I can get into another strategy as we speak. It seems big but not impossible. Let's keep working towards the positive.
In conclusion I can say, turning back to the disadvantage of grants I can talk about business sluggishness. A demanding loan will cause us to sit up more. Under such a hot seat, marketing is not just advice, it becomes part of the to do list. How about speed and efficiency? There is much to talk of here, it will help us to source for the best, hit the best deals so that we can keep our integrity. Another thing is the fact that it could make us easily lose business reputation. Because you just got a grant, it may end up like an uncalculated work when profit is not realised.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.
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