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Starting business with loan is like a suicidal mission.
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[QUOTE="Bookwormlux, post: 221062, member: 25193"] A lot of times we have seen how much stress some people attract to them selves but thinking it is going to be possible to start a busy usually money obtained from loans as capital, but the fact is that this is likened to a suicidal mission that would get you into a very miserable state than you ever imagined. This is a topic that a lot of us may want to argue on, but the fact still remains that this is the truth as only few Lucky individuals get along with loans and succeed in business they started with loaned capital. There are only few instances that make starting a business with loan to be on a safer side, some of them include [LIST] [*]getting the loan from a trusted relative or friend who really believes in your potential and won't disturb you to repay, especially when the business does not go as you had planned. [*]Being employed ; if you are an employed person and earning good amount of money monthly or weekly, it is very much easier to start a business with loaned capital. This so because your job gives you a kind of security and back up plans all the time. [/LIST] What do you think? [/QUOTE]
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Starting business with loan is like a suicidal mission.
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