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Being poor is hard. There is no flexibility to be nimble around hardships or mistakes. Its easy to make money if you have money. But try to start a business wi
by SubiculumCode 10y ago
Being poor is hard. There is no flexibility to be nimble around hardships or mistakes.
Its easy to make money if you have money. But try to start a business with no backup funds.or credit line? The first time your vehicle breaks down can put your business in a death cycle.
- sharemywin 10y agoassuming you can afford a vehicle in the first place.
- yardie 10y agoForget the breakdowns as an impediment to business. Most businesses have high startup costs just from taxes and fees alone. I'm trying to start a small hobby business and just getting the ball rolling I've forked over $500 in filing fees. I imagine it must be nigh on impossible if you are poor and want to start a small business. And I know people do it but they borrow heavily from friends and family.