It's hard enough to come up with a business idea and to make it happen, so to many funding an idea sounds really tough. And it is.
|Funding is tough, get help from people with track records|
Fortunately there are many options that allow you to find money to get started and start the pump before it comes flowing by itself.
- Ask your family and friends is a good place to begin. But first do your homework and make sure it won't be a bad experience for them... and yourself.
- Ask organisations supporting entrepreneurs, like accelerators, incubators or government backed schemes. Such grants might be difficult to get but really worth it in terms of liquidity and indirect visibility.
- Go to crowdfunding platforms and raise money there. Most projects seeking funding have a target of $10,000 and the objective is reached more than half the time depending on the platform. Give it a try!