I want to start a business, I have bad credit, no experience, yet a good idea?

Question

I need all possible advice

Answer 1

Just be positive and look for a backer. (someone who can back you financially) Good luck!

Answer 2

Well, SFI might be able to help you. I would say that you should definitely check it out. If you are interested in doing other thing to earn extra income, you can check out sendearnings. If you love writing or have extra essays lying around in your bedroom, you can try and submit. Associatedcontent and myessays are probably cool places to look at.

If you really want to start a business, ask yourself what kind of things are you willing to give up. I mean, are you willing to spend hours and hours coming up with a new business idea? How bad do you want this? Are you planning to do it full time or part time to get some extra money in your pocket? What kind of business do you want to do? Do you want to do online home business like ebay? Or would you rather do business dealing with regular customers coming in and out of your shop?

Think about those questions first. Bad credit or no experience does not really matter if you really want to go after this oppurtunity. Anything is possible, my friend. There will be people putting you down. There will be people telling you not to do it. But it is a risk that worth taking because you may never know what you are capable of until you try. You learn through your mistakes. Just do it.

Answer 3

To start with you have several things working against you. No experience and poor credit. Unless you can find someone who knows you and is willing to invest in your idea you may need to put your idea on hold. I suggest working on your credit first. While you are getting your credit straightened out, find a job where you can get the type of experience you will need to promote your idea and start saving your money. Good luck.

Answer 4

You don't need credit or experience to start up a business... you need determination. If the idea is that good and you can present it well, everything will fall into place but you have to take the first step. If you believe in yourself, others will believe in you. Do you have a business plan? You'd be amazed at how putting it on paper will get you to find a way to visualize the business and get the wheels in motion. Ideas in your head won't surface but putting them on paper have a way of making them happen. Get your buns to the library and get a book on business planning. It's going to take several hours to construct it but if you cannot devote the time to writing about the business, the odds are you won't have the time to run it. Wouldn't it be better to know that upfront??? I was watching a special about the life of billionaire Warren Buffet. Did you know his first job was selling gum door to door and making pennies in profits? Look where he is today. If you want to make success happen for yourself you have to adopt the slogan of "don't wait for your ship to come in ... swim out to meet it."

Answer 5

Try and find a reliable partner with good credit and experience in the field you are interested in. Make sure you have all your bases covered and protect your idea.

Answer 6

If it's such a good idea why do you need credit? Start a service business for next to nothing.

Answer 7

get your credit straightened out first. no one is going to take you seriously with their money, even if you would find someone who would be willing to invest in your idea!

Answer 8

Oreo send me a email I think I have what your looking for?

Answer 9

well, you can move to the ghetto and peddle dope, the law won't bother you until you shoot somebody, and if they do just cry racism, works like a charm

Answer 10

Sell your idea if it patentable or copyrightable.