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Work depresses me.Is it wise to start business if savings is only $1200?Or any suggestion?or just stay and be employed.?

I cant stand being employed anymore. I worked with company who pays little and who pays more but I cant be happy I feel like a prisoner. I dont know if Im just being picky but I drag myself to work.I want freedom but I only have that amount.

10 Answers

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  • Anonymous
    3 years ago

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  • tro
    Lv 7
    3 years ago

    get over it, if you like to eat you will soon find it more depressing than ever when the stomach has hunger pangs

    you won't start much of any kind of business with $1200 and if you think it doesn't take work to make a business work and grow, you are very badly mistaken

  • Anonymous
    3 years ago

    $1200 can be a lot of money to start a business, depending on what business you want to start and what you are good at.

  • rlvjav
    Lv 4
    3 years ago

    With only $1200 your business start-up options would be limited to some like the following: 1) A two-pitcher lemonade stand 2) A TV Guide/Newspaper delivery route 3) A shade tree oil change operation 4) A used condom recycling franchise 5) A three shovel snow removal business.

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  • Eva
    Lv 7
    3 years ago

    Being picky. You need to have a least 6 months living expenses plus start up money. Most new businesses don't make enough money in the first few months to allow the owner to take out anything for personal expenses. Continue to save and work on your idea, but keep your job for now.

  • ?
    Lv 7
    3 years ago

    If you can start a business for $1200...go for it.

  • 3 years ago

    $1200 isn't really enough to do much with.

  • 3 years ago

    Can you live off no income for the first year? Truthfully, $1,200 is not much and you will probably go through that $1,200 before you even get your business started (equipment, licenses, etc.). Start by sitting down and doing your research - what type of business do you think you can run, what is the demand for the products of services in your area, why do you think you can get customers versus your competitors, will your cash flow be enough to sustain you until you start turning consistent profits.

    Four out of five small businesses fail in their first 5 years - why will you be any different.

  • Anonymous
    3 years ago

    What kind of business can you start with $1200?

  • 3 years ago

    That’s not very much savings

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