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Would you take the risk and sell your car?
Prodigy
subscriber Posts: 19
I`m a 21 year old college student. I have absolutely no cash. I can probably get about $1300 for my car and use it to startup my business. I feel that I have nothing to lose. My guts telling me to go for it. What do you think?
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Comments
For your specific situation, the primary questions I would have are:
Will the $1300 be enough to get your business to the point where
It will support you?
You will be able to attract additional capital?
It will be profitable or at least self sustaining?
Will you be able to function (both business and personally) without a vehicle?
As an aside, before you sell the car, I`d have my business plan pretty well completed. That should indicate the answer to question 1 above. If possible seek out the advice of a Veteran entrepreneur especially for confirmation of your assumptions.
Robert j robertj2007-7-9 13:0:22