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3 Things Entrepreneur Should Consider Before Investing

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young		#1 Posted : Tuesday, December 11, 2012 7:14:02 PM
Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria		(i) Do I have the capability to start the investment without borrowing money? Nowadays, borrowing is another thing that kill most businesses, because when you borrow and your return is not as expected, you are in trouble. It is better to borrow to expand your working business, it is not ideal to borrow at start up. (ii) Consider the market. (iii)Consider the return on the investment. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Mukiri		#2 Posted : Friday, December 14, 2012 1:44:33 PM
Rank: Elder Joined: 7/11/2012 Posts: 5,222		Nice Proverbs 19:21
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Lolest!		#3 Posted : Friday, December 14, 2012 3:17:10 PM
Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma		I would sort them as (ii), (iii) and (i) in order of importance.
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ChessMaster		#4 Posted : Saturday, December 15, 2012 11:16:50 AM
Rank: Elder Joined: 2/23/2009 Posts: 1,626		Lolest! wrote: I would sort them as (ii), (iii) and (i) in order of importance. I agree.You might not be accurate but if you fail to consider the markets size,target group,preferences...you will probably even get the ROI wrong.Just look at apple,microsoft and the pc industry it was all about the right market. Uncertainty is certain.Let go
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dunkang		#5 Posted : Saturday, December 15, 2012 11:28:16 AM
Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831		Lolest! wrote: I would sort them as (ii), (iii) and (i) in order of importance. accurately. WELL DONE Receive with simplicity everything that happens to you.” ― Rashi
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Dalkymz		#6 Posted : Tuesday, January 08, 2013 9:00:57 AM
Rank: New-farer Joined: 5/13/2011 Posts: 41		Lolest! wrote: I would sort them as (ii), (iii) and (i) in order of importance. I would consider this move as well Whenever you find yourself on the side of the majority, it is time to pause and reflect.
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new		#7 Posted : Wednesday, January 30, 2013 9:46:42 AM
Rank: New-farer Joined: 1/4/2013 Posts: 22		Lolest! wrote: I would sort them as (ii), (iii) and (i) in order of importance. agreed. i may have learnt this the hard way though. got into a market that i had not fully understood, got burnt pretty bad and it has been one long struggle out of that hole. so i totally agree with you there. Dum vivimus, vivamus.
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2012		#8 Posted : Wednesday, January 30, 2013 10:31:09 AM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		young wrote: (ii) Consider the market. By 'consider the market' do you mean understand what the market needs first then choose the product to fill a gap or have the product first then look for a suitable market or do you also mean weighing the competitive edge? I'm asking this because I have always believed that there's always a ready market if you apply the correct formula especially in the service industry, wouldn't you say? BBI will solve it :)
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webish		#9 Posted : Thursday, July 04, 2013 12:45:42 PM
Rank: Member Joined: 10/19/2009 Posts: 671 Location: Nairobi		young wrote: (i) Do I have the capability to start the investment without borrowing money? Nowadays, borrowing is another thing that kill most businesses, because when you borrow and your return is not as expected, you are in trouble. It is better to borrow to expand your working business, it is not ideal to borrow at start up. (ii) Consider the market. (iii)Consider the return on the investment. Some businesses you just have to borrow. Maybe the amount you borrow is debatable. Or save to start, if you can. The above list is to me, just "an ideal situation". I always endeavor to trade with other people's money. Life is joy, death is peace, but the transition is very difficult.
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