RE: Still scouting
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Great post on scouting the right path for your business! Staying in the warehouse and reinvesting in machines/apprentices sounds smart — especially with inflation biting. In the crypto space (Hive/LeoFinance), many are using tokenized assets and yields to bootstrap projects. Have you thought about exploring DeFi for funding or equipment financing? Would love your take. #leofinance #tokenizedassets #newbie
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That would be a great one, just that I don't know how to entirely do that. Your help will be appreciated, thanks.
@daniasi Thanks for the reply! Happy to help step-by-step.
Basically, in LeoFinance/Hive you can use tokenized assets (like TNVDA, TTSLA, TGLD) and yield farming to generate passive income, which can be reinvested into your business (machines, apprentices, etc.).
Quick start:
Example: If you farm TNVDA with 20%+ APR, daily payouts can grow your capital without selling assets.
What exactly are you looking to finance (machines, tools, workers)? Tell me more about your business — I'll try to give more specific ideas on how DeFi can help. No pressure, just brainstorming 😊 #leofinance #newbie
Hello @rwaguru I really do appreciate your concerns. Talking business can be difficult through text. Maybe we will later have to find ways to have voice over or even better video calls.
Let me just try to break in a little on what's on ground.
There is a business opportunity on ground, one that will need us to have enough capital to scale in the long run.
I am a co-partner of a company (ADI) we are growing
(Laundry, Fashion (Bulk production is our main target here), Branding) is the three sectors that makes up our brand.
Personally, I am currently working on establishing another company that will still feed in. I will explain how this next company fits in in the later part of this writeup.
Company Name: Green Vault Holds (GVH).
So what's GVH?, ('Asset Managers and Tactical Investors' with top focus on investing into Humans, Technology, Stocks and properties.)
Getting back to the first company, we are facing the challenge of expansion. After spending years to gain business experience, we have to admit that we need investors who will help scale this business. The Laundry, clothing and branding industry is a growing one over here and those who will take early stance will profit. This is where local or Small and Medium Scale entrepreneurs can't meet up. Energy here is very demanding and as we speak the cost of national energy now is high. A challenge and also an opportunity if we can leverage by expanding our business to have a constant light during working hours. This will mean us replacing our smaller generator with a bigger one; something around 20KVa (needs capital). Secondly, we will have to bring in more industrial machines for efficient production as we plan to lease them out to pay as you use workers daily. In short, we are trying to build an 'all in one hub' a clothing industry where we are responsible for all its activities. Materials and sewing materials selling, Enough machines to also take advantage of 'pay as you use workers' who will in turn be buying from us. This idea also feeds into efficient use of that constant energy (Laundry, Branding, Company sewing and 'Pay as you use workers')
Getting a new office or remaining in the warehouse the most important thing is finding this 'patient investors' who will understand that business is not magic but a procedure for professional profit. The challenge we are having with this bank loans currently is hight loan charges plus a short time for repayment. This can't fit into this vision. I have to be very realistic; profitable doesn't need short term pressures.
I can't even enter into how GVH fits in but in the summary, our first move is Exportation and importation which can help us to sell both outside and also bring in cheaper goods outside. It is a long one as I said, and I need like minded individuals who will help us to fix this brand as it oughts to
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@daniasi thanks for explaining.I'm new to Hive and focus on tokenized stocks/yields in Leofinance. Not looking for business investments right now.Good luck with your projects!#leofinance
Thanks so much friend. Nevertheless, always think of leveraging both markets (online and offline). It can be a life changing opportunities, broaden your investment pursuit into external markets and who knows what fortune await. Once again, good to meet you and I wish you success on Hive. You will enjoy this ecosystem if you stick around.
@daniasi thanks for the kind words and advice.Appreciate it.I'm fully focused on Hive/Leofinance right now -tokenized stocks, curation and learning the ecosystem. Good luck with your projects too, friend! success to you!#leofinance #newbie
Let's keep learning from both ends. I can see you are an enthusiast of blockchain tech and online investment. Nothing bad about that. Anytime I have such needs and more challenge on Defi, I will do well to get back to you. I am always available to share ideas to help out where I can. I keep on saying 'our greatest earthly assets are humans'.
Merci beaucoup