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how to raise funds

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Dimitar Petrov

Im an internet marketing expert and entrepreneur

Hey if you want to call me i will explain you everything you want to know.

Answered about 4 years ago

Joy Broto

🌎Harvard Certified Global Corporate Trainer🌍

To raise funds, following ways are helpful:
1. Crowdfunding: Even though crowdfunding is a relatively new way to raise money for a start-up, its popularity is on the rise. When crowdfunding you're literally soliciting funds from a crowd of people.
To get started with crowd funding, you have to first present an idea that you want to receive funding for. From there, people can choose how much they want to give towards that project.

2. Angel Investing: Angel investors are best described as entrepreneurs looking to invest the money they have made back into start-ups. Some of the largest companies in the world received their first round of funding by angel investors. Including Google, Facebook, Skype and Twitter among others.

3. Bank Loan: Peter Daisyme from Host, a company that recently raised capital said, «One of the most common ways for start-ups to raise money is through a bank loan. When applying for a bank loan, it is important to note that you make be asked to have your loan guaranteed by the Small Business Association before it gets approved. We have had the best luck with this as it will be approved or denied within 24-48 hours. It's good because you will know either way and don't have to play the guessing game».

4. Venture Capital: The goal of a venture capitalist is to aim to invest early in a business that shows high potential for growth. Venture capitalists traditionally receive equity in the business they are funding, these days they may request a combination of equity and debt financing.
Approximately 3 out of 4 businesses with venture capital funding fail.

5. Get A Business Partner: You might not have the money to fund your start-up on your own, but perhaps you know someone who could help you. If you are considering taking on a business partner, it might help to know that 28% of the Inc top 500 businesses received seed funding from a co-founder.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath

Answered about 4 years ago

R J

Clarity Expert

I have personally invested in multiple startups.

If you have a decent sound business plan...quickest will be to be use one of the crowdfunding platform.

Micro ventures, Start Engine and Seed Invest are some of the platforms that I have used. Microventures will be at the top since they have had dropbox, docusign, lyft, airbnb, uber, slack, spotify, plantir, redgin and many other BIG names

You can decide to structure how you raise funds based on revenue sharing model or equity.

Answered about 4 years ago

David Favor

Fractional CTO

Dirt simple answer.

Sell product.

I'm always amused by this question.

Every project I've ever started always started with an idea, then dream up some product (or service or information).

Make one manual sale by end of day.

I figure if I come up with an idea in the morning + can't sell 1x unit manually (by hook or crook) by end of day...

I best get a new idea.

Answered almost 4 years ago