Is The Old Saying True, “you Need Money To Make Money”?

by on February 26, 2010 · 8 comments

in business

I have a great and unique idea for a restaurant. Except there’s one problem, I have absolutely no money to use freely. What are some ways of approaching this predicament????

{ 8 comments… read them below or add one }

Niko February 26, 2010 at 3:04 pm

You must take loans in order to create your restaurant if you want to do it immediately. Or hold on to the thought for couple of years and save money to start it in few years. If you have a wealthy parents ask them for help.
Its kind of true that you need money to make money. Rich means you don’t have to work for your money. The money works for you. Same thing in stocks. You need to invest money to make money.
Good Luck with your future. Hope its successful

somekidw February 26, 2010 at 3:32 pm

1. Get a crappy job somewhere, save up and rent out a building with yur tables, workers, and chefs and all that crap
2. Ask for crappy loans and investors.
3. Ask yur crappy parents for some crappy money
4.get a crappy job at a crappy restaurant, move up in ranks, become manager and fix the restaurnt into the crappy place u wanted it to be.

Summer G February 26, 2010 at 3:47 pm

get a loan, get people to invest, have someone to go in with you.

StickyBu February 26, 2010 at 4:31 pm

you can get you a partner with money and go 50 percent and then you can try but i will tell you food is hard to be good at and be accepted. its not everyone that will buy but i know that french food is the best and most people will jump for that or german food. take care.

Tsunami February 26, 2010 at 4:37 pm

As John Cash Penney once said.
You save them penny’s into dollars.
And the dollars will take care of themselves.
Otherwise.
You have to have “collateral” to get a loan.
Such as a second mortgage on your home. <}:-})

private February 26, 2010 at 4:47 pm

U need to ask ur parents for a loan. or the bank, or some people like that. best of luck!!!!!!!!! by the way i like the name hablar for a spanish restraunt lol

testing1 February 26, 2010 at 4:48 pm

Credit, or business credit, i think the citi card supports businesses

Sean O February 26, 2010 at 5:36 pm

no it’s no money no honey.

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