On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.
Do you have a small business idea? or business experience? I want to hear it
You can become a reseller or sell products that are trending at that time, of course you have to survey the market where you live, what items are sold the most, then you do research and try to start it, persistent efforts will definitely produce results.
that’s a good idea you already know there’s a demand for a specific product so you just need to study your target audience better probably the challenge you will face with this kind of business is since it’s because it’s in demand, for sure there are already a lot of people who have started the same business
what you’re gonna want to do is elevate the product and make it unique so that you’ll attract customers that are already loyal to that product
Any business model or idea is a great idea and can bring us profit. The most important thing is our efforts, because even if we sell products that are trending, if we are lazy we will never succeed. For me, whether doing business or working as an employee, effort and never giving up are the keys to success.
I have also seen many people working in offices but still having a prosperous life, small business people also becoming rich...We don't necessarily have to become entrepreneurs or do big business to become rich.