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M@Mason124 more from that month

FUNDING New Business - funding for a new venture, few options are usually out there: 1. BOOTSTRAP - Fund it yourself with savings, existing salary, etc. 2. FRIENDS & FAMILY - Just how it sounds; friends and family. May be informal, but could be a formal contractual agreement. 3. GRANTS - some industries and areas of practice have public and private grant options. Growing areas are always Technology, Health, Environment. Also throwing in hear other creative "Grant" type variations, like Tax Credits (R&D Tax Credits are a big Federal and often State opportunity in the US) 4. LOANS - this could be in the form of a Business Loan (SBA type of loans in the US) or private loans (there's a few global platforms popping up, including Fintech options popping up with blockchain infrastructure) 5. VENTURE CAPITAL - this is the one we hear about alot, but there are two things most VC's require: 1) Proof of Success - usually 3 mos minimum of Revenue; if they really believe in the idea or worked with you before, they may do Pre-Revenue 2) High Growth Potential - VC's are usually not looking to double or triple money; their focus is usually companies they think can a) grow big, b) grow fast'ish.. this is an arbitrary term of anywhere from 3-4 years to 10+, depending on the total addressable market that's possible. Looking at Acquisition or IPO is usually an exit VC's look towards. Is this type of information helpful? Let me know below. I can change it up, if there's other types of information that's helpful for Entrepreneurs, Founder, Business Owners.

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