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Few ways to fund a start up business
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[QUOTE="Nico68, post: 178549, member: 48129"] Hey guys. No matter whether you have a grandiose game-changing idea that flashes into your mind or a simple idea that would enhance customer experience, you definitely need money to bring it to life. Considering that financial problems are among the most common challenges startups face and because of which they sometimes fail, it’s absolutely necessary to figure out how to fund a startup in the best way possible. [LIST=1] [*]Bootstrapping [/LIST] Bootstrapping is one easiest, fastest, and most popular options to get a project rolling, because this financial model relies on your funding only, with no strings attached. Depending on the amount of money, you can hire your first employees, do marketing activities, find a mentor or consultant who can guide you through the business, and give useful advice. [LIST=1] [*]Crowdfunding [/LIST] Crowdfunding is the process of raising funds through donations from people. Donations usually happen using platforms, like Kickstarter, WeFunder, Indiegogo. It works best for some product startups because it is easier to get people excited and actually want the product. However, it also works nicely for technology startups, if you manage to come up with special perks, like exclusive membership, or unique gifts. [LIST=1] [*]Angel investor [/LIST] An Angel investor is an influential and wealthy person who can financially back up your startup or a small business in exchange for some equity. Collaboration with angel investors proved to be worthy for many startup founders. Not only should they be looked at as a source of funding, but also as someone who can provide you invaluable feedback on your startup idea and pitch. You can find angels just by googling [B]angel investor networks in your area, [/B]or on Twitter, LinkedIn, AngelList, etc. Hope this helps you. If not just tell me how you can proceed to get funded. [/QUOTE]
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Few ways to fund a start up business
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