Seed Funding Options For Entrepreneurs
One of the most difficult parts of starting a startup for any entrepreneur is finding that small bit of seed capital to get things going.
Luckily, there are a number of different roads you can take to get from concept to Series A. Below is a list of seed funding options for startup entrepreneurs.
1. Bootstrap from revenues.
2. Self-fund on credit cards and a second mortgage.
3. Do consulting on the side to self-fund.
4. Raise funds from friends and family.
5. Use angels as a bridge to Series A.
6. Seek out founder-only evergreen seed funds.
7. Get a convertible loan from a VC.
Photo by ajmac.
Jaclyn on March 27th, 2009 8:14 am
It is true that there are so many different way’s of funding a business, however, it does seem that today at least most of them have begun to run dry or have increased their requirements so high that it is very difficult to get a loan or any kind of help from them. Hopefully with the economy’s estimated recovery around the end of the year…thing’s will get some what back to normal and a lot easier for everyone.
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