Startup Finance: How To Approach Family And Friends For Help

Free Course for businesses. A Step by Step Guide to raising startup finance from Family/Friends without any fallout!
Rating: 4.5 out of 5 (83 ratings)
10,020 students
English [Auto]

Understand how to raise money from family and friends
Know how to manage the relationship process
Ask and receive the right kind of fininace
Create win-win situations with family and friends
Become aware of the pitfalls and how to circumvent them


  • Access to the internet
  • Access to those that can help


This Is A Beginners Level Program

After all is said Family & Friends tend to be the first place most people turn to when they need general help or business finance. Yet if this process is not managed well, it can result in long term tension, unforgiveness and heartaches.

In reality, it does not need to be that way if certain guidelines are followed. This will ensure that emotional upheaval and disagreements are completely removed and individuals can enjoy good relations with family are friends whether or not the business works out not. For surely, as we journey to success there are challenges to overcome.

In my effort to help entrepreneurs obtain the funding they need and still keep their relationships I will cover the following topics:

- Determining the type of finance being sought

- Advantages of borrowing from family and friends

- Disadvantages of borrowing from family and friends

- General guidelines

- The Agreements to sign

- The Business Plan to present

- What to think about

My hope is that as you embark on this course you use the information to raise the money you need and still keep all your relationships intact!

This course will teach and remind you of all you need to focus on when asking family/friends to support your enterprise. 

Who this course is for:

  • Any one who needs financial help for their business
  • Those who know they have family and friends that can help them get started
  • This course is useful for those writing a business plan for the first time
  • Anyone starting in business


Startup Consultant.
Boomy Tokan
  • 4.4 Instructor Rating
  • 1,664 Reviews
  • 149,062 Students
  • 32 Courses

I strongly believe that people need to know their deepest interests to be able to function in their unique gifts and chosen areas. They should indeed develop all these gifts and become an expert in that space. This way, they fulfil their dreams and also serve a lot of people.   

Benefits of Working with Me   

By working with me, you will be obtaining a lot of impressive benefits in the long run that is as follows:

- Help you discover and package your abilities and gifts into a sellable service or product.   

- Opportunity to turn your hobby into a business   

- Help you identify any limiting factors & teach you how to overcome them   

- Give you all essential things in starting a “dream business”   

- Show you ways on how to best manage and discipline yourself to be able to succeed   

- Allow you to become more productive - Save more money and time   

In this regard, I have set up this Udemy Page to introduce some of the best courses that can help new start-ups and 1st-time Entrepreneurs.

Thus, they can fully uncover the step-by-step process to be able to start and run successful businesses. For those who have spent their years of being employed, they can also increase their value in the workplace.   

My courses are Simple, No Fluff Actionable content that helps you save time and cut your learning curve, fast track your development, increase your value and income.     

By enrolling in one of the courses I introduced today, you can be on your way to turning your startup dream into a reality - you will benefit from my courses as I intentionally design them just for you.     

I believe that it is about time to get focused on business and overcome all those limiting beliefs and factors. These are the barrier that keeps you from achieving what you want in life. Therefore, choose to be on a different path and choose to be more productive.   

I am Boomy Tokan, a Udemy Premium Instructor, a speaker, a small business consultant and an author of five business books. I have helped over one-thousand enterprises before from the idea stage down to the start-up. I had obtained an honours degree in business and finance from Greenwich University.     

I worked over ten-thousand training hours and I regularly give talks to budding entrepreneurs about the beginning and operating their high-performance businesses. Being the founder of Start your Own Business Academy, rest assured that you will be provided with cutting edge information about the process of starting your own business.   

In the past few years, I have helped small businesses in raising money for their specific ventures. My experience and my knowledge of writing and presenting business plans are commendable. Even my understanding of the ways to raise finance has proved to be a benefit to many people.

A Udemy Premium Instructor. Here is one of the many 5 Star Reviews:   

The Best Yet   

I am reluctant to say a course is the best on Udemy because there are so many different courses covering many different subjects approaches etc. OK. Well for this course I am going to put discernment before my principle. This course is probably the best course on Udemy..phew there I said it - why? Because it covers the fundamentals of life of growth in a very simple step by step way. A lot of common sense here..but don't sniff at that...commons sense is not very common. And to find a teacher of this calibre who has a way of making you sweat: (and smile) Truly a gift what a heaven-sent course this is - by Paul Soffe,   

What can I do to help you reach your goals? Take one of my courses today to find out!