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  1. BusinessInShorts

    Help securing a $63,000 loan

    INVESTING 
    I get it, but I think that if you have a good plan to pay back the loan and it goes towards something that a bank can understand, it shouldn't be a problem to secure it. Additionally, I still feel that if it's possible it makes sense to keep a certain amount of money saved up in case of...
  2. BusinessInShorts

    Help securing a $63,000 loan

    INVESTING 
    I'm not sure I understand that correctly. You have such a high income and mention that you have low expenses. Why can't you foot the $63k yourself? I mean with that income you should be able to put 30k aside a year and I'm assuming you did not just reach that income this year.
  3. BusinessInShorts

    Dilemma

    I agree with both statements. The book never mentions quitting to start. And if you don't have enough money to eat and have a place to sleep then you cannot concentrate on your business. So make sure you have enough money to support the idea. What you should not do is push the execution back...
  4. BusinessInShorts

    Help with email list and what to do next...

    MARKETING 
    Congrats on the subscribers :) Well, first of all, I think it's very important to have a double opt-in as it makes sure the e-mail addresses are spelled correctly, plus you avoid the hassle of having people on the list that actually don't want to be on there. Secondly, I cannot say what the...
  5. BusinessInShorts

    Tips on how to get started

    INTRO 
    Fair point. I started the IT business and that was just to get out of my 9-5 job. The business is basically me doing programming work, so if I don't work there's no money coming in. The second business is a 6-year old online store which generates well over $1MM in sales per year and aside from...
  6. BusinessInShorts

    Tips on how to get started

    INTRO 
    Thanks. Yeah, the site doesn't get a lot of traction right now. But because it's a side hustle it cannot be what I wish for it to be. What's your story?
  7. BusinessInShorts

    Tips on how to get started

    INTRO 
    Hey all, My name is Alain, I'm from Switzerland, and I currently have 2 businesses (e-commerce and IT) and I'm about to acquire a third business (never done an acquisition so far, very exciting). In my spare time, which we all know does not really exist when you are running businesses you...
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