Translate

Thursday, January 30, 2014

365QOD- Day1089

5 Million Dollar Loan

“What would I do with it?”-  my question to myself

Last night a friend of mine mentioned to me a process by which one can obtain a 5 million loan.  The repayment of the loan does not start for 18 months.  My ears perked up.

I have never in my life envisioned having a brick and mortar business.  My ideal business would not involve directly manufacturing anything.  Most likely it would involve a small team that does not have to be in a single office in order to produce products that can be supported by me.

So what his story did was made me question myself.  If money availability was taken off the table, what would I do?  Would I think differently and do a brick and mortar type of business?  Or would I stick with my current plans?

To me money has never been a limiting factor.  I have never felt that I needed more resources then what I have to fund the execution of an idea.  But I know for many people this is a big stumbling block.   With sites like KickStarter and others if you have a great idea then you will get the money to execute it.

I believe that the most precious resource for me is time.  I can never get enough of it.   So the answer for me is that I would do the same things I am doing now as side projects but only do them full time.  The money would simply replace be my income.

What about you?

Today’s question is:

“What business idea would you pursue if you were given a 5 million dollar loan?”

No comments:

Post a Comment