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Starting a business takes money, even if it isn't much depending on what you start. Of course, some kinds of businesses require lots of capital and continue to suck it down quickly as they grow. In this episode I break down the various kinds of capital actually available and dispel some myths about the kinds that aren't. I also give some specific advice on what I think the best path is and how much you should invest and where to get the funds to start. I firmly believe if you follow this plan you can not only never fail but you will also learn lots and pretty quickly succeed, even if it isn't exactly what you first envisioned.
Starting a business takes money, even if it isn't much depending on what you start. Of course, some kinds of businesses require lots of capital and continue to suck it down quickly as they grow. In this episode I break down the various kinds of capital actually available and dispel some myths about the kinds that aren't. I also give some specific advice on what I think the best path is and how much you should invest and where to get the funds to start. I firmly believe if you follow this plan you can not only never fail but you will also learn lots and pretty quickly succeed, even if it isn't exactly what you first envisioned.