Alternative Ways to Fund Your Business

[00:25] Today’s topic: Alternative Ways to Fund Your Business.

[00:37] Why people should consider funding and the problem with bootstrapping.

[01:02] The need for funding even if you are Elon Musk or Jeff Bezos.

[01:47] Thoughts on crowdfunding and the various platforms you can use.

[02:22] A list of the main crowdfunding platforms and how much you can raise per year.

[03:03] The importance of having traction before attempting to raise money.

[03:27] How you can raise money through revenue-based financing.

[04:15] The models that companies like Lighter Capital use.

[05:05] Getting a traditional bank or SBA loan in the US and their interest rates.

[05:22] What the credit card company Brex is offering in terms of credit.

[06:01] The importance of having a formula that is already working.

[06:24] That’s it for today!

[07:02] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information.

Alternative Ways to Fund Your Business | Ep. #1195