How to Fund Your Startup

You have a great idea but you need capital to launch.  Will you self-fund and bootstrap? Will you take investment from others? There are several ways to fund your business from self-funding to debt to equity financing. The first step is to estimate how much money you will need in the first 6–12 months. Through my experiences and interviews with other entrepreneurs, I have created a preferred funding hierarchy. The first funding option on the list (free grants) is the most preferable and the last funding option (family and friends) is the least preferable since I don’t feel comfortable risking friends’ and family’s money.  READ MORE