56 Ideas To Fund A Startup
2010/06/29 6:00 AM
Who isn’t hoping for money to fall from the sky when launching a new business right? In this fast moving world, there are always new ways popping up to win, find or earn money every day. My 56 Entreprenette Experts in this post, share ideas that worked for them, links to business loans, and other fresh ideas……PLUS, some super cool contests out there!! No excuses now……if you need our votes, post it in the comments below and let’s see if you can help each other out. And…..We’d love to learn about other ideas so feel free to post those in the comments too.
Related posts
There are 11 comments
Matt Seiling says: If you own your own home, there is a lot more captial in it than you probably know. Do a free home assessment and find out what your home is now worth, chances are it’s more than what you owe on it. Then you can go to the bank and get a line of credit for the difference. It’s a great way to make your living quarters work for you, instead of cost you money.
I always like to think of it as using someone else’s money (the bank’s) to fund my business without their permission!
You’ll be surprised at the results.
This is a great list Sarah. I tweeted this to my followers and facebook fans . This list is very valuable to business owners.
This is a very interesting reading Sarah thank you for this post.
Related, entrepreneurs and startups seeking funding may also want to join http://www.adwebix.com – an online service that connects entrepreneurs with investors.
Members can post funding requests, create profiles and contact other members.
It’s free and very easy to use.
[…] Etsy Momentum — 5 Crafty Business Resources You Should Know. I’m also included on this post, 56 Ideas To Fund A Startup, at The Entreprenette […]
Hi Sarah,
You need money to grow your business?
Don’t ask, “Who’s going to lend me money?”… the bank? My family?
Change your question to, “What are different sources of capital?”
The possibilities are endless. Leverage from collateral. Other people’s credit. Creative debt such as capital in exchange for equity. Time or labor in lieu of cash. Collaborative opportunities. Overlooked assets.
Thanks for the article and many thanks to your Entreprenette Experts!
Theresa
Sarah,
Great topic!
When the banks says no and you’re a B2B and or B2G start up with contracts there is an alternative to debt and equity financing available! There are trillions of dollars available from the private asset based financing world. Start-ups can gain access to this world by having Contracts, Purchase Orders and Accounts Receievables as these are all assets that can be leveraged. By leveragin these assets it will give you the upfront working capital needed to fill the contract or order for your commeical client. Best part no long term debt, no giving up one ounce of your business in equity and no credit rating needed.
Sharon Evans
Nice work Sarah and thank you for putting this together.
Some other ways to fund your start up that require no personal credit checks or guarantees are vendor lines of credit from suppliers. This helps your startup conserve cash flow and obtain products and services it may need like office supplies, shipping, web marketing services and so on but defer the payments for a later date with no interest. Usually a net 30, 60 or even 90 day terms.
Some other viable options include social loans from companies like prosper.com and lendingclub.com
If you plan to obtain funding from friends and family (P2P Loans) than you may want to consider structuring a formal loan by using companies like Lending Karma or Lend Friend. It makes the whole process simple so you can formalize a loan agreement, calculate payments, track and record payments, and have automatic payment reminders sent.
Hope this helps you all!
All the best,
Marco 🙂
Start Building Business Credit
[…] July 6, 2010 · Leave a Comment Work Hard! […]
[…] of the best method to bootstrap a business is to let your customers fund it. You can establish transaction with your customers to pay the service or products in advance, […]
Leave a comment
Want to express your opinion?
Leave a reply!
Leave a Reply
Testimonials
I’m already getting orders from the email with the updated pricing that I just sent to my current st…
Makeupjunkiebags.com
Follow me on Facebook
Manufacture a Clothing Line? Offer online specials and encourage your shoppers to hold Zoom dinner parties and dress up. Book a call with me today and learn how to get through this crisis. sarahshawconsulting.com/sarahshaw/apply-case-study/
#sarahshawconsulting #clothing #business #fashion #apparel #boutiques #magazines #getastreetsmartmba #nordstrom #consultation #dropshipping #ecommerce #dropship #dropshippingtips #reseller #boutique #clothingline #manufacturer #zoomparties
It’s awesome that other people are marketing and promoting your brand while you are doing other things that require your attention.
Read on: sarahshawconsulting.com/drop-shipping-2020/
#sarahshawconsulting #blog #dropshipping #ecommerce #dropship #dropshippingtips #entrepreneur #reseller #business #fashion #apparel #boutiques
Learn from Lisa what it takes to get on QVC or HSN. Her insider tips will get you to hustle, and show you how sales and public relations can help grow your business.
Tune in to the podcast to find out! sarahshawconsulting.com/podcast/lisa-ascolese-shares-insider-tips-for-qvc-and-hsn/
#sarahshawconsulting #podcast #lisaascolese #celebrities #celebs #celebrityaccess #business #fashion #apparel #boutiques #magazines #blacklivesmatter #getastreetsmartmba
Can you share what's working for your company today?
Any kind of PR is good PR...... especially when it takes 5 minutes and is free! I'm putting together a collaborative blog post and need your input! Since our normal way of doing business has changed, we have been forced to pivot to stay nimble during this unprecedented time in our lives.
Share all your awesome info here: sarahshawconsulting.com/how-are-you-making-money-today/ I'd love to hear new ways of doing business that you have discovered or invented during Covid shutdowns.
How are you getting online sales?
Are you still selling wholesale?
Are you drop shipping?
If you relied on pop-ups, what is your new normal?
Have you turned to advertising to drive traffic?
Are you seeking more PR?
And anything else that is working for you..... I want to know and learn from you too.
Please share ways that your company has pivoted during Covid-19 shutdowns and limitations and how you are making money today. Requirements:
Please share a short paragraph and give us your best tips!
Please add a headshot and some product shots as well if you'd like. Photos must be 300x300 px and 72 dpi or the system will reject them.
Share all your awesome info here: sarahshawconsulting.com/how-are-you-making-money-today/ I'll be sure to let you know when the post goes live later this week so that you can share it too.
Want magazine editors to try your products? Pitch them to write about zoom dinner parties and encourage them to dress up. Send them something to wear.
Book a call with me today and learn how to get through this crisis.
sarahshawconsulting.com/sarahshaw/apply-case-study/
#sarahshawconsulting #business #fashion #clothing #accessories #apparel #boutiques #magazines #editors #dropshipping #ecommerce #dropship #dropshippingtips #entrepreneur #reseller #boutique #besafe #workathome
