The Side Hustle Show 690: 9 Ways to Get Money to Start Your Side Hustle
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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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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.
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.
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.
