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Startups and Funding Ideas for Raising Capital

by / ⠀Entrepreneurship Funding / November 9, 2021

It’s almost always costly to turn a great idea into a successful product. Most startups fail because of a lack of access to adequate funding. How do you turn your startup vision into a reality? Here are a few suggestions. Self-Funding/Bootstrapping A lot of entrepreneurs begin their startups with an amount of self-funding (also called bootstrapping). Future investors are likely to be looking to know if you have…

Best Practices for Funding Your Startup

by / ⠀Entrepreneurship Funding / October 29, 2021

When funding your startup, your goals may be modest or expansive; either way, you’ll want to start off on the right financial footing. Funding a startup may seem either easy or daunting. Much depends upon your previous experience with finances. Entrepreneurs who have dealt with financial matters in the past may find some of the following advice superfluous. On the other hand, those with little to no financial…

Why Filing Bankruptcy Doesn’t Mean the End of Your Entrepreneurship Dreams

by / ⠀Entrepreneurship Funding / September 30, 2021

Filing for bankruptcy is the last resort for many individuals as they fear it spells the end of their days of entrepreneurship. However, bankruptcy can prove to be a saving grace for many. As an entrepreneur, I’ve realized that debt can bring with it a tunnel vision. You can’t see past the debt. Dave Ramsey, a famous personal finance entrepreneur known for his 7 baby steps, once filed…

Buying Your First Rental Property: 7 Tips to Reduce Anxiety

by / ⠀Entrepreneurship Funding / May 26, 2021

Buying your first rental property is both exciting (in a good way) and somewhat daunting. Many people want to get involved in real estate investing but don’t know where to start. Oftentimes potential investors are scared away by the responsibilities they know come with property management. However, there are a number of solutions available if you’ve been thinking about dipping your toe into real estate. For example, you…

eCommerce Budgeting Tips for Newer Proprietors

by / ⠀Entrepreneurship Funding Startup Advice / May 11, 2021

eCommerce budgeting is always tricky, but especially so for newer owners and startups. As an entrepreneur, you’ve got a million things to balance and your available money only goes so far. The five tips directly below can guide your thinking as you move forward. You’ll want to avoid common spending traps, maximize your ability to reach people, answer questions, and have enough capital to invest in reliable products…

Protect Company Finances in 3 Common Categories

by / ⠀Funding Startup Advice / May 10, 2021

Many entrepreneurs would rather focus on new ideas and innovations than spend much time thinking about how to protect company finances. Dreaming up new products and services tends to be more fun and exciting than reviewing invoices, legal documents, and security protocols. However, if you’re serious about maintaining a solid platform for your current and future projects, consistent and adequate attention must be paid. It’s imperative you go…

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