Creative Financing for Startups
I have always depended on the kindness of strangers. – Blanche DuBois, A Streetcar Named Desire
Are you using the Blanche DuBois startup strategy? You know the one. That’s where you are totally reliant upon some kind and naive stranger coming along and dumping a bag of money into your lap. Good luck with that.
Here’s a little secret that successful entrepreneurs can teach you about startups: you don’t need to finance your entire startup. You just need to know how to finance the key assets that will enable you to start making some money quickly. First things first, as they say. So instead of sitting around for 6 to 12 months (or more as many do) waiting, you instead start finding ways to get those key assets so that you can start gaining traction.
If you’re getting frustrated with investors because they are not jumping to invest in your company it’s probably because all you have to show for yourself is a business plan. Sorry, but no one is impressed with that. No one.
Find ways to start gaining traction and suddenly all the investors take you seriously.
Learn how the elite entrepreneurs who make it to those annual lists of fastest growing companies get their companies off the ground quickly and cheaply. Invest in yourself and get the Smart Startup Guide right now. It will take you to another level of entrepreneurship where you no longer need to waste time waiting for miracles to happen–like a stranger cutting you a big check because you posted a request on Linkedin.