.st0{fill:#FFFFFF;}

Reply To: How Much is Too Much to Spend When Starting a Business? 

 

By  Susan

Reading time:

minutes

Share this

Remaining reading time:

minutes

Reply To: How Much is Too Much to Spend When Starting a Business?

#5156
Susan
Participant
  • Total Post: 36
Points: 259
1

Sometime failure is the best type of learning experience. Back in the mid-2000s, during the real estate boom (and right before the real estate market crash) I was highly leveraged in buying property. Unfortunately, I did not project what could happen in some (or all) of my properties did not sell or get rented. This ended up costing me a great deal of money, and I tried to stay afloat using my savings, and even by taking cash advances on my credit cards. While this was a very expensive lesson, I am much more careful now going into any type of business – especially if it requires a lot of money up front.

__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]},"original":{"colors":{"62516":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45}}},"gradients":[]}}]}__CONFIG_colors_palette__
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"49806":{"name":"Main Accent","parent":-1},"3a0f6":{"name":"Accent Light","parent":"49806","lock":{"saturation":1,"lightness":1}}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"49806":{"val":"var(--tcb-skin-color-0)"},"3a0f6":{"val":"rgb(238, 242, 247)","hsl_parent_dependency":{"h":209,"l":0.95,"s":0.36}}},"gradients":[]},"original":{"colors":{"49806":{"val":"rgb(19, 114, 211)","hsl":{"h":210,"s":0.83,"l":0.45,"a":1}},"3a0f6":{"val":"rgb(240, 244, 248)","hsl_parent_dependency":{"h":209,"s":0.36,"l":0.95,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__
Next

Loved this? Spread the word


Related posts

Reply To: Mental Health Startup Idea

Read More

Reply To: Mental Health Startup Idea

Read More

Reply To: Mental Health Startup Idea

Read More

Reply To: Greeting from Acobloom

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
>
Skip to toolbar