Against Venture Capital? Here Are 3 Alternative Suggestions
I see that easily one of my best episodes thus far has been all about if you really need venture capital or not. It is a sore topic for many since most people cannot afford to fund their own startups or think they need a lot of money to do so. Banks and rich people love providing it since they reap great benefits, while small business owners hate it because it is a steep hill to climb. However, the good news is that it isn't needed or you can find a way to raise the funds yourself without taking out a loan. Here we are going to look at the 3, most common alternatives to venture capital. 1. Start small or with a low-cost business The easiest way is to start really small or with a low-cost model. A few examples of these are running a completely digital business, where you basically are already paying for such as Internet connection and your computer. A few example models of this would be teaching courses, freelance writing, blogging, vlogging, ebooks and consulting. Most of t...