Comments on: You Don’t Have to Be Rich to Start a Business http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/ Sat, 21 Nov 2009 11:41:37 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Terry Ng http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-86397 Terry Ng Sat, 07 Jul 2007 00:17:50 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-86397 I just found a story about two guys who were in the Y Combinator program who's 6 month old startup, "Zenter" <a href="http://blogs.business2.com/startups/2007/06/zenter_acquired.html" rel="nofollow"> got bought by Google!</a> I just found a story about two guys who were in the Y Combinator program who’s 6 month old startup, “Zenter” got bought by Google!

]]> By: Terry Ng http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85771 Terry Ng Mon, 02 Jul 2007 18:32:45 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85771 I disagree about friends and money not going hand in hand. I've been on several business ventures with friends that worked out just fine... probably worked out even better because they were my friends and we worked better as a team than strangers would. As far as borrowing money from friends, as long as you agree to pay back at a set time, I honestly don't see a problem. If you're having friends "invest" in your company however, I would let them know up front that there is a risk, and it'd be up to them if they still want to help out or not. I disagree about friends and money not going hand in hand. I’ve been on several business ventures with friends that worked out just fine… probably worked out even better because they were my friends and we worked better as a team than strangers would.

As far as borrowing money from friends, as long as you agree to pay back at a set time, I honestly don’t see a problem.

If you’re having friends “invest” in your company however, I would let them know up front that there is a risk, and it’d be up to them if they still want to help out or not.

]]> By: Lenka http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85763 Lenka Mon, 02 Jul 2007 18:26:07 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85763 "True, friends and money don’t go hand in hand" absolutelly true “True, friends and money don’t go hand in hand”

absolutelly true

]]> By: Dexter Kanuto http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85749 Dexter Kanuto Mon, 02 Jul 2007 13:30:00 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85749 Just need the right accountant to help you out. Just need the right accountant to help you out.

]]> By: David http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85600 David Sat, 30 Jun 2007 22:20:21 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85600 I'd be giving my ideas to them to start up a demo for the next Web 3.0, Entrepreneur, here I come! I’d be giving my ideas to them to start up a demo for the next Web 3.0, Entrepreneur, here I come!

]]> By: AllaN http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85558 AllaN Sat, 30 Jun 2007 03:48:12 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85558 Yes, you dont want to ruin a friendship over business. Yes, you dont want to ruin a friendship over business.

]]> By: vm3z9 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85547 vm3z9 Sat, 30 Jun 2007 00:46:18 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85547 True, friends and money don't go hand in hand True, friends and money don’t go hand in hand

]]> By: djmikey http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/comment-page-1/#comment-85542 djmikey Fri, 29 Jun 2007 23:59:15 +0000 http://www.kineda.com/you-dont-have-to-be-rich-to-start-a-business/#comment-85542 I've used Zopa for a couple of small loans. The rates are often better than what you can get at a real bank. Last one for me was only 5.5%! I try not to borrow from friends since I rather not mix business with friendship. ;) I’ve used Zopa for a couple of small loans. The rates are often better than what you can get at a real bank. Last one for me was only 5.5%!

I try not to borrow from friends since I rather not mix business with friendship. ;)

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