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If capital was available, can you utilize your current knowledge, experience and skills as an entrepreneur instead of a full-time employee? Why yes or why no?

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Question added by Nuridin Islam Diab , Training Manager , Bbusinesss LLE
Date Posted: 2016/04/11
Loraine Domingo
by Loraine Domingo , Career Break , N/A

Yes of course I can, I think I can work both ways as a full-time employee and part time entrepreneur during free time and off since Im planning to create a fashion and travel blog. All I need is good sets of clothes, fashion accessories, nice place to shoot, and a camera which can be done every Fridays and Saturdays. It doesn't require much time to do but expertise in marketing your own blog is. 

Mohamed Helal
by Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL

Certainly I'll chose to be an entrepreneur, even if i will start  with modest beginning, simply because if i don't have my own dreams and targets seeking to achieve it, it means I'll be cause , cog or gear in others goals/targets whom seeking to achieve it ..(whether you like it or not).So, simply why would i be a cause/gear in a system or firm While , I can realize/built  my own system and Progressing in achieving my goals and dreams ..... if i have the opportunity and conditions as you mentioned.(why i accept to be a gear instead of manufacturing the whole mechanism)

ACHMAD SURJANI
by ACHMAD SURJANI , General Manager Operations , Sinar Jaya Group Ltd

Entrepreneurs can use capital in a variety of ways, including financing hefty startup costs, funding current expenses related to operations and production as well as paying for expansion. Regardless of its use, it is difficult to find and secure capital from outside sources, and it is daunting to understand how different forms of capital raised may affect future business ownership or equity positions. The following are the most common methods for raising capital, although they are not the only methods available to an entrepreneur.

Equity Financing

There are a variety of sources available to entrepreneurs that provide for the raise of capital in exchange for partial ownership in the business, generally referred to as equity financing. Most commonly provided by venture capitalists or angel investors, equity financing requires that a business have a high probability of rapid growth as well as a committed, intelligent business management team. These aspects of the business are necessary because the process of obtaining equity financing from these sources is highly competitive and requires a great deal of vetting from the investor. However, an entrepreneur who is successful in raising capital through this method has ample time to repay the investment if necessary.

When financing is provided by a venture capitalist, business owners are required to give up a portion of their ownership stake and may even be forced to place a member of the venture capital firm or angel investor group in a position on the board of directors. An entrepreneur seeking capital from a venture capitalist or an angel investor must prepare sound financial documentation and a concrete business plan and needs to be prepared to lose some control over day-to-day operations.

Business Loans

An entrepreneur who has been in business for more than two years may be afforded an opportunity to raise capital through conventional bank loans. Most financial institutions are wary of letting a business in its infancy borrow funds, even if the need for financing is small. However, conventional business loans can provide an outlet to financing to more established businesses and have the benefit of a low, fixed interest rate. Raising capital in this manner can be much quicker than equity financing, but it can also require more documentation and more stringent, timely repayment terms. Additionally, an entrepreneur who takes on a business loan and defaults on repayment runs the risk of ruining a valuable business relationship with the bank.

Crowdfunding

As one of the newest forms of raising capital, crowdfunding has afforded various businesses in a wide range of industries the ability to secure financing through technology based platforms that bring together businesses in need and individual investors willing to contribute. Rewards-based crowdfunding allows a business to offer incentives to individuals who invest in its company, while equity crowdfunding gives businesses the opportunity to provide a large number of investors a small amount of equity in their companies through similar online mediums. Although crowdfunding is not yet available to all investors, it can be a viable option for businesses looking for alternatives to venture capital or conventional bank financing.

Mohammad Mohammad Ahmed El-Safty
by Mohammad Mohammad Ahmed El-Safty , مشرف تدريب وتطوير , شركة ميداس للتجارة العامة والمقاولات

Big yes

If I can start my own business while keeping my position for one year as source for living so i'll not count on the benefits of the new business that would be perfect. Otherwise I prefer to start my own business now rather than later. It's my dream

ghazi Almahadeen
by ghazi Almahadeen , Project Facilitator , Jordan River Foundation

  Thank you for the invitation ................. waiting for an answer specialists

مها شرف
by مها شرف , معلمة لغة عربية , وزارة التربية السورية

 I agree with Mr Mohamad answers, thanks for the invitation. 

sisira kumara
by sisira kumara , Senior Accountant , Gulf Flag Co, Doha Qatar

it depend on your willingness to take risk and your dream (vision of the business) , if you are a risk taker you can go for entrepreneurship as you have capital together with knowledge and experience about how business is run by working in a business.

 

If you are not risk taker , you can deposit your money in a bank to get risk free interest while working as a full time employee 

 

 

 

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

yes absolutely yes

                .

Thanks for the invite I am waiting for the answer to business owners and experts

Mohammed Azmathullah
by Mohammed Azmathullah , customer support specialist , Rippling

Without a doubt, YES, A HUNDRED TIMES YES! All we need is an idea and resources to fulfill it.

When you have it, there's nothing stopping you from doing it.

At  least that's what my plan would be.

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with experts answer <<<<<<<<<<<<<<

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