I don't see any business oriented ideal in this Friend because $1,000 ls good enough for a start of lucrative businesses.
Amazing some people can build a business for $1000 while some people spend this money for their lunch and dinner... If $1000 is a life changing money for you then you shouldn't be gambling with that money. I don't know what kind of a business can you start with $1000 but if you really think it is lucrative then you should do it right away. You can buy a laptop and start your own software engineering company maybe?
What is the ROI of that business you start for $1000 anyway? Can it make $1000 a year? If you invest in stocks it will only return $50-100 dividends annually...If I start with nothing and become something then anything is possible, but if you believe that it's not possible with $1000 then it will remain the same for him, he became what he believes.
In my own space right now, I would invest the $1000 in a good crypto project, because this could turn $10,000 in a few months time, like how I invested in a A.I project that turned into $5,740 this morning, and all I invested was $350, this is a big gain already, imagine I invested a thousand dollars.