Financing is an alternative to investment or capitalist partners and another functional mechanism for the entrepreneur without money or experience. Obviously it constitutes a debt, a liability for the project and the entrepreneur. But the reality is that debt is neither good nor bad , it is simply more or less necessary. Virtue is found in establishing dominion over it. Funding for the typically called “seed capital.” Funds can be exchanged for an equity stake in the project (for example, the cousin who receives 4% of the company after investing $12,000), apply for personal loans (with or without interest), or even donations. 2.- Apply for a subsidy for small businesses if the programs are available in the economic-financial offer of the medium.

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Many governments (federal, state, and local) have programs to help small businesses, including low-interest loans, venture capital, and grants. Do a thorough prospecting of these options. Most companies are not eligible, so you may not find anything. However it is worth investigating, because it is finally “free money”. 3.- Evaluate “ Crowdfunding ” platforms. This method not only Venezuela Phone Number List generates capital. It can also help you get early product feedback, brand awareness, and sometimes, if you have an interesting story or an especially great product, press coverage. It is a very useful mechanism for the entrepreneur without money or experience. 4.- Turn to “angel investors”. Angel investors look for companies that are in the early stage of their life cycle, and in which the capital invested can reach 10 times its original size.

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They typically invest between $25,000 and $100,000. If you get the numbers right, angel investors are looking for businesses that can be worth $2.5 to $10 million in the future. They will be extremely diligent in making sure you have a good understanding of your target customers, the space the product will occupy, how you will make money, and how you will scale the operation. Make  Buy Views Like sure you’re prepared with a solid business plan and early signs of project traction (eg “the average user refers two additional prospects in their first week” or “we doubled our revenue from January to March”). The financing of an “angel” is usually associated with their experience and connections. And as payment of the capital, a participation fee in the business will be negotiated. 5.- Request risk capital.