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Feed: do you agree with this plan of starting a business.? - AggScore: 11.3



Summary: do you agree with this plan of starting a business.?


Which one of the two paths do you reckon would be better for preparing for starting a business 1# I would get a job that pays a wage of dollarsignr8.00 an hour and save my money for my small business. I live with my dad so i don’t have to worry about paying bills and he has [...]

do you agree with this plan of starting a business.?


Which one of the two paths do you think would be better for preparing for starting a business1 I would get a job that pays a wage of 8.00 an hour and save my money for my small business.I live with my dad so i dont have to worry about paying bills and he has plenty of cars i can drive and food and etc.So anyway I would work 5 day a week bringing home 64 dollars a day, making 320.00 , bringing home 1280.00 a month. I would spend the 280 and save the 1000 into my saving account. I f i keep saving up money and my goal is to save money up for 4 years , i would have 12,000.00 a year adding up to 48,000,00 in 4 years.While im saving up money i would get a credit card so i can get a good credit score if you have a good credit score , it will increase your chances of getting business loan and investor etc. I would start small and buy a few outfits with the credit card and some food i think for about 6 months. Then i would get a car I know i said my dad has alot of cars, like 6 cars but i really need to buy something big with the credit card in order to build up my score and pay it off , doing this for a year of paying the car bill should build up my credit score if i pay on timesomewhere in the 4 years of saving money and building up credit score. I will think and create new ideas for my business and creating a effective business plan.when my 4 years are up i will start on my business.thats the first plan i have , now here is the second one.2 I would join the military navy or air force and use the benefits to my advantage.I dont have to worry about housing and etc if i live on base, I would save up my money has was described up top of the first plan and do the same thing i stated above with building up my credit score.I would use the benefits and opportunities to go into college and get the extra pay and stuff. i could use the college benefits to learn managment or business to help me not only do well in business but to also increase my chances of getting a business loan and bank loan etc etc 48,000 dollars saved up good credit score business degree or whatever kind it is bigger loan and better chances.In the military the will teach you how to be a leader and such and such.So what do you think Do you like 1 or 2tell me what would you do differently . my dad did say he would help and provide money for me to community college only .But i dont really want to rely on him because i need to do this myself and dont want to be to much of a burden to him, The economy is bad and i dont want to draw to much money from him.I understand that joining the military maybe a risk but there are great benefit that i would love to have, college being paid for, Health care, dental etc.Nonetheless , my dad can help me anyway can.
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Date Added: 01/01/2011
Date Approved: 01/01/2011
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