The Side Hustle Show

690: 9 Ways to Get Money to Start Your Side Hustle

10 snips
Aug 11, 2025
Starting a side hustle? Discover essential funding strategies to kick off your venture! Learn about bootstrapping, leveraging personal resources, and finding support from friends and family. Explore innovative options like pre-selling your ideas and using crowdfunding. Get insights into government grants and private banking resources, plus tips on attracting investors. Real-life success stories from top brands illustrate how they secured capital. Equip yourself with the right financial knowledge to avoid common pitfalls and grow your dream side hustle!
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ADVICE

Start Lean With Bootstrapping

  • Use your day job salary to cover startup costs and keep ownership while you validate the idea.
  • Stretch dollars, negotiate with vendors, and do as much work yourself as possible to stay lean.
ANECDOTE

Tread Carefully With Family Money

  • Be transparent about risks, terms, and expectations when borrowing from friends or family.
  • Treat the arrangement formally to avoid damaging relationships if things go wrong.
ADVICE

Avoid High-Interest Card Reliance

  • Treat business credit cards as a last resort because of very high interest rates.
  • Only use cards if you have a concrete, quick plan to generate revenue and pay the balance off.
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