• cubedsteaks@lemmy.today
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    1 year ago

    some form of collateral

    ah! found it!

    I’m someone who doesn’t have a form of collateral to give and I assume that there are other people in my poor people group who also lack this and would be unable to start a business of any kind.

    In fact, that means a lot of people in the city I live in are unable to start a business.

    So it definitely does point to a certain class of people that can start a business and those of us who can’t.

    I’m definitely going to look into how many hearings are had where I live.

    • SCB@lemmy.world
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      1 year ago

      I mean you can start a business without a business loan. I started my LLC with $50 and some cold calls.

      You should get involved! Run for office! Volunteer on campaigns! We need more people participating in the process on a local level.

      • cubedsteaks@lemmy.today
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        1 year ago

        I mean you can start a business without a business loan. I started my LLC with $50 and some cold calls.

        The thing is, if I do that - I won’t have a place to live afterwards. My rent is going up $45 in a few months. I currently make $36 an hour and they’re talking about paying me more and putting me on salary.

        I do want to be more involved but it really seems blocked off for regular people who have to have full time jobs. Without my full time job I’m pretty much fucked.

        • SCB@lemmy.world
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          1 year ago

          Starting a business involves a lot of risk. Some people dive in, some people (like me) start it as a side gig.

          If it’s your dream, work incessantly toward it and you’ll get there.