How can I convince my father to finance me ???

**avelina** · 07-08-2010 05:10 AM

He has the money but don't trust me. According to him I am not so mature to start a business and 2ndly no one has done business in our family then why should I ???

I need Strong Arguments

Plz plz plz

**KyleXY** · 07-08-2010 05:36 AM

It sounds like he's already got a preconceive notion that you're unable to handle that task. The only way I can think of realistically is to get started on your business idea, work on it, and show him you're putting in massive efforts to do as much as you can without funding rather than merely try to convince someone with words, which at the end of the day, is worth about as much as the dog shit that sits on a patch of grass at your local park. I don't mean to sound mean in my advice but honestly, your best bet is to SHOW him, rather than CONVINCE him through WORDS.

**Encrypted** · 07-08-2010 10:42 AM

Originally Posted by avelina

He has the money but don't trust me. According to him I am not so mature to start a business and 2ndly no one has done business in our family then why should I ???

Plz plz plz

For starters.. you can sound more professional. I can tell that you are not ready from your post alone.

**rogercbryan** · 07-08-2010 11:00 AM

Actions speak louder then words. Make a deal with him. If you get a job in the industry that you want to start your company in and you work for two years then he'll finance you. This will work as long as you are not trying to borrow a ton of money from him. You don't want to start a company if you have no experience in the industry to begin with. Show him you have the discipline to make this happen. I've made this same offer to my brother (that I would finance him) if he works for one year in the industry. I made that offer five years ago and he's yet to pull it off. So I guess I like your father may know what we are talking about. You have to prove him wrong with actions not words.

**avelina** · 07-09-2010 05:46 AM

Originally Posted by rogercbryan

Make a deal with him. If you get a job in the industry that you want to start your company in and you work for two years then he'll finance you. This will work as long as you are not trying to borrow a ton of money from him. You don't want to start a company if you have no experience in the industry to begin with. Show him you have the discipline to make this happen.

Truly love your idea.Actually ! I have never been so excellent in my professional studies , I could do better. He don't trust me and think that I will show the same behavior with business i.e. inconsistency.

**jonn655** · 07-09-2010 09:18 AM

A business venture involves complexities; I agree with what Encrypted is saying. Are you really sure that what you are starting now is going to be a success? Maybe your father is concerned about the current economic and competitive scenario.
However some people without any previous experience have succeeded (it was somewhat challenging to them by their own admission), so this is an area in which you must think carefully and decide.

**Young Money Investor** · 07-15-2010 11:02 AM

Hi Avelina -- try making a sale and getting 1 happy customer. This is what banks like to see when they are considering lending money... thus your father would be much more confident in you if you proved you were able to make sales and service the client well

**avelina** · 07-16-2010 05:02 AM

Originally Posted by Young Money Investor

Hi Avelina -- try making a sale and getting 1 happy customer. This is what banks like to see when they are considering lending money... thus your father would be much more confident in you if you proved you were able to make sales and service the client well

That idea is truly applicable , I am planning to save money from my job salary , then start a little sales purchase business. If I am successful , my father or the bank will be there to stand with me and give me a shoulder.