If we want to make a business and we do not have venture capital, maybe make a loan in the legal personal loan is the right choice. As we know, it is so hard to find the investor for our business or invite our family and our friends to join us. Sometimes, they have many reasons to reject our invitation and most of them are reasoned not dare to build a business. Maybe, we have to prove the benefits that we get from our business first and then we ask them again to join. If they still do not want, we can not do anything except, focus on our business. Not many people who dare to start a new business because many difficulties they encountered at the beginning. Not only from of less capital but competition with the competitor is also a hurdle. Usually, we have to use our instinct in the business because all theories about business from school or college is not working. We can not rely on it because sometimes we have to improvise in the business.
Many people who have started a business for a long time, they are failed to compete with newcomers because they can not innovate their business. As a result, they can not pay the loan from a bank or other lenders. They have used it to develop their business but they even go bankrupt. Therefore, if we want to take personal loans, we have to think the future whether we can pay the loan or not. Many people do not think about it and they get in trouble with lenders and bank. Their properties arrested and the ownership has changed hand. If we are not good in entrepreneurship and failed at the first time, we have to wait to start again and consult to the expert because if we do a loan again it can not help our business.