Why not invest my own funds into my own start-up and own 100% of the business?
There is no hard and fast rule on the right or wrong way of doing things as long as the outcome is successful. However, as an entrepreneur you will have to take responsibility for every decision you make and also shoulder the possible consequences of these decisions. Choosing the path of working in a job for example and saving your money from a salary (or any other external source) will cost you your most precious asset – ‘time and youth’. Frankly speaking, it is not really a viable option for a real entrepreneur to even consider earning the money, paying the tax on it, saving it, to then later invest it into a start-up. From a salaried position, being in a position to invest £50k – £100K into your own start-up business may take up 10 – 15 years of your life (depending on how old you are and what your experience level is). Even if you are ‘income statement affluent’, i.e. a high earner, it will still take many years to accumulate enough capital to invest in your business – as firstly t
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