Imagine your business as a house and funding as its unyielding foundation – we’re here to ensure it’s sturdy, robust, and ready to weather the entrepreneurial storms.
Today, we’re not just setting sail; we’re diving into the art of alternative funding because, my good woman, the traditional paths are not the only routes to success, especially for service-based businesses. As we unravel the tales of triumph and the occasional stumble, you’ll discover the power of grabbing that cash upfront to power your business.
In this episode:
- The importance of securing early funding for startup businesses
- The unseen challenges faced by female founders
- Importance of focusing on business development and service delivery
- The myth of venture capital and its suitability for service-based companies.
- Funding strategies tailored for your business
This episode at a glance:
[2:51] Founders are trying to wear too many hats with little support, and they can’t spend the time they need on business development
[03:21] Venture capital might seem like the big, shiny answer, but there are better fits for a service-based business.
[04:58] A well-crafted campaign can turn your idea into a reality and a crowd of supporters into lifelong customers.
[07:30] Most women tend to want everything to be pretty polished and perfect and will spend a lot of time behind the curtain preparing this business
[10:53] There is no one-size-fits-all in funding, so you need to explore, experiment, and find out what works for you