Have you ever get credits for business?

papiworking

papiworking

Registered Member
Joined
Sep 3, 2022
Messages
64
Reaction score
27
I got my first credit in 21, all was spent on a theme with dating + instagram bots. Result = Minus 1,000$ in two weeks
After that I realised that I have to do the whole business for my own money..
 
Advertise on BHW
What do you mean by credit? Loan or credit card.
 
you mean loan? alot of time. almost all the time.
usual cycle get loan, run business earn some, find investor upscale
 
Elvlin said:
you mean loan? alot of time. almost all the time.
usual cycle get loan, run business earn some, find investor upscale
Click to expand...
how do you find an investor? I have something that works good but it needs much more money to scale
 
How much did you get? And why did you end up at a loss of $1000?
 
EpicTasking said:
How much did you get? And why did you end up at a loss of $1000?
Click to expand...
First time I got a loan for 500$, than 500$ more. Results from investing were around 250$-300$ in total. I just understood that I have to use my own money, because I can lose a lot on % counting, cuz I had to return much more than I had took
 
marktwain2023 said:
how do you find an investor? I have something that works good but it needs much more money to scale
Click to expand...
You need to find the community and join them. There is reason why golf club or any other hobby club have lot demand.

So option is
1.friend and family. Here is why expanding social circle is very important, from joining club, active at community etc.
2.corporate investor by joining competition or finding angel investor. This one harder.

Seem alot against loan. For me it's just tool to leverage and make progress faster. When you take loan you need to think the risk. Is the method you use is earning or just experiment
 
Spent hundreds of thousands of US Dollars in (free) credits from Google Ads, over the last 7 to 8 years : (surely, I'm not alone).
 
papiworking said:
First time I got a loan for 500$, than 500$ more. Results from investing were around 250$-300$ in total. I just understood that I have to use my own money, because I can lose a lot on % counting, cuz I had to return much more than I had took
Click to expand...
papiworking said:
Yep, now I understand this
Click to expand...
Please use the multi-quote function if possible, as it makes the threads flow much easier. How to multi-quote can be found here Newbie Guide
 
I wouldn't take credit for my business unless I know it's extremely profitable.
 
To start you can...

You can get money from friends / family.

You can borrow money from a bank / your credit card.

You can get credit from suppliers, so you pay them in 30/60 days etc.

You can get investment from an angel investor.

It depends what you need the money for. I have done all 4.
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top