How much was your capital the first time you operated a business?

[Starmix]

When plan to operate a business, it's expected that you have money as capital. It is not easy being a first-time business operator. You keep on counting your money and checking your bank savings. I do not agree that there is a business that does not require capital. In my case, I started my milk tea business through franchising and I needed big money for the franchise fee, the advance rents of the space, and more. I spent more or less $ 2,500. My business will be one year old next month and is happy that I was able to recover my capital triple.

 

[Stardom22]

For me back in the 2017 l started my packaging distribution businesses with like $50. I had grown that capital close to $200 by 2019

 

[Starmix]

Aren't you anymore managing that packaging distribution service? Why is the capital very small?What did you pack that year?

 

[eLdavis]

Though I can't really remember much of this, but while starting my business I had little to notting at that point in time.

 

[Starmix]

Just never mind remembering at least you tried how much capital you incurred into it. Next time you'll hit a big fish.

 

[Kross]

The very first capital that I used to start selling biscuits in my high school was about $12. I used to make $2 profits from it.

 

[Starmix]

At a young age you already inclined to engage with business. That's a great start to become an entrepreneur at your age now.

 

[Fidelia]

The capital that I had the first time I started business was just about $60. I used that to buy a sewing machine and it finished.

 

[Sanjeev]

I don't own a business so don't know how much minimum capital is required to start it business, maybe it depends on what type of business you want to start.

 

[King Belieal]

My capital as at the time that I started my business was just about $70. But my business is worth more than $1000 as I type this now.

 

[Starmix]

As long as we have the fighting spirit to start a business big or small and with a big or small capital, it does not matter. What matters is our interest and passion.