What's The Best Way To Raise Money - Entrepreneur Poll

[jordan.hut]

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[reachingfruition]

I started my business on $32 bucks. The miracle of the world wide web. Becuase of this LOW to none existent cost, I have convinced my self that when it comes to the web, there is no need to pay for anything through investments or loans. I belive it is all possible with just direct profit. Ive been doing it three years and now my company is big enough to support three people.Professional Web Page Design from Unix Commerce is where it is. I design websites. Trust me. The internet is the way.

[graphic designer]

I'm a graphic designer so I weak at the money aspect of starting a business but you can take a small business loan if you can afford it.


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[diknox00]

I firmly believe in bootstrapping (building your biz from the ground up). Once you are able to have some sort of cash flow, it is much easier to try to raise capital.

In short, every dollar you make should go back into the business!

[gggreen]

I firmly believe in bootstrapping (building your biz from the ground up). Once you are able to have some sort of cash flow, it is much easier to try to raise capital.

In short, every dollar you make should go back into the business!

Affirmative!
Certain things are relevant which should be considered:
Who would give you business?
Where are these people?
What product would you deal in?
What is their paying capacity?

The answers to above mentioned questions can help to choose amongst the options available to raise money and finance

[nate_f2]

If your just an ambitious hustler like me and not familiar with all that stock talk just quite yet family and friends are going to help out a lot. For those juvenile delinquents out there it may be hard to convince them. Im still young and fortunate to have a good full time job right now so Im taping into my 401k. For those who didn't know you can take out a loan from it and pay yourself back with interest.

[benmaxime]

now is not a good time because of the market for raising money

[terrycan]

You must have some of your own money in your business.

Start small and get some cash flow and a client base.

Show a consistent cash flow.

Demonstrate to your investors your business is growing.

Show your investors they have a reasonable chance getting a return on their investment.

Be professional. Return calls, write thank you notes, make sure you have customer satisfaction (AKA quality)

Massive Success to you

Terry Cantwell

Protect New Idea

[camlin]

Don't forget to engage your local churches, you might be able to get them to enlist their congregation to accept offerings in the name of your project or more specifically to the family of choice but you will need to make a plea to them.
Bake sales are always good to make money with too.

[darrylgonzalez46]

The mail threat while Starting a business is income source. If you have secondary income source then you can definitely rock on your new business.

[noob]

Be aware however, that VC is a very expensive proposition and you will be giving up a large percentage of your company.

I agree with most of your accessment except for this one. The conditions vary upon the VC firm you go with and your company's position financially at the time of raising rounds.

[gotbiz]

invest in oneself, it can never be take away

[redslazers]

im off the same opinion as many others, start with your own capital and once you show earning potential, your friends and family will be willing to invest in you. In my case my parents and grandparents said they would invest in my website if i was earning a certain amount per month which was a really good goal to get it started

[darrylgonzalez46]

After read above informative threads I could not stop my self to contribute. I have recently read an article Best Way To Invest Money. I have found it on web and just like it what ever written by author.

[caubbi]

There are so many channels of raising capital to start a business
but its all boils to the question of the type,nature,size and purpose of business.the means use in raising capital should be legitimate to avoid
future problems.one may raise capital from
his own savings
friends
banks
partner
family
lottery
and others cooperate organizations
i have personally started a business with my own savings which happens to be inadequate and therefore there is the need for me to look for other avenue to raise money to bring my business into existence .
This shows that only one of the above listed means may not always be enough to establish and sustain a business .when it happens that way one needs to look at the other sources of generating capital....