Few first time entrepreneurs raise money from outsiders to launch their companies. In the vast majority of cases, they have to create their own startup and working capital. Discover how it's down.





Comments


Written by AngelBiz
4028 days ago

I would two more sources to this.

1) Friends and families - This is similar to crowdsourcing except you are asking people you already know and who may be wiling to take higher risk with you. Now, this can be a double edged sword. If things don't work out your relationship with them might get strained, so this needs to be dealt with carefully.

2) Partnership - If you can find a trusted partner who is willing to invest in your venture for equity stake you may be able to kick start the business without having to ask anyone. Of course you have to sacrifice equity in exchange.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!