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So I came up with a new idea the other day, and due to my last project im short on funds. I will need about 15 grand to develop it, and some more for the marketing. The problem though is that I don't have 15 grand, and if I wait to save up all that money the opportunity may not be there anymore.
The market is worth hundreds of billions a year, and theres very little competition. I also meet a need that hasnt been met. Its easy to scale, and doesnt take much of my time.
Im at a bit of a crossroads now that I don't have the money. What would you do in this situation? Would you try raising the money working? Would you borrow money from family? Bring on a partner? Find an investor? Or just take on a ton of personal debt?
So far im looking at personal debt. I have a credit score above 750, and im thinking of applying for a ton of interest free cards. The plan is to pay them all off before the interest period. Im aware that its very risky as well. Any suggestions?
The market is worth hundreds of billions a year, and theres very little competition. I also meet a need that hasnt been met. Its easy to scale, and doesnt take much of my time.
Im at a bit of a crossroads now that I don't have the money. What would you do in this situation? Would you try raising the money working? Would you borrow money from family? Bring on a partner? Find an investor? Or just take on a ton of personal debt?
So far im looking at personal debt. I have a credit score above 750, and im thinking of applying for a ton of interest free cards. The plan is to pay them all off before the interest period. Im aware that its very risky as well. Any suggestions?
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