I've been planning to put up a business soon and I think I'm only a few thousand pesos away from starting. I told my plans to a friend and he advised that I can actually begin my business already because there are plenty of ways to raise capital for your business. More than just using your savings, I learned that you can also liquidate some of my assets or apply for a personal and business loan at a bank.
Furthermore, you can also raise capital for your business by using your credit card, borrowing money from friends and the best way, to convince a venture capitalist to invest in your business. All these possibilities got me really excited. I'm now doing a business plan and hopes I can start as soon as possible.