Learn all about funding a business from both successful entrepreneurs as well as venture capitalists who have seen it all.
This lesson breaks down the three main options for funding the development and growth of your new company. Why do many entrepreneurs start with bootstrapping? Because in the beginning it's difficult to get financing from banks or investors. Lean all about what it takes to bootstrap. Many successful companies are able to grow with internal funding only. However, this is not always the case, so additional financing sources need to be examined and secured.
Once a business opportunity becomes viable, it is much easier to obtain outside funding. The two common strategies available to entrepreneurs are debt and equity. The three methods for financing a new company are discussed in this course so you will have a better understanding of how to grow your business and get the funding you need.
If you can answer true to the following questions you may be in a great position to bootstrap your business. If not, don't worry, you just have a little more work to do.
If you can answer "true" to the following questions you are in a position to decide if debt financing is for you. If not, don't worry, you just have a little more work to do.
If you can answer "true" to the following questions you are in a position to decide if Equity financing is for you. If not, don't worry, you just have a little more work to do.
If you can answer "true" to the following questions you are in a great and knowledgable position to fund your business long term. If not, don't worry, you just have a little more work do to.
Since 1994, we have been meeting with and interviewing successful business builders. We have toured their facilities, met with their employees, observed their behavior, and recorded their stories. Our fieldwork has uncovered the critical practices successful entrepreneurs use to start and build thriving companies. When these practices are used in a new and growing venture, the probability of success goes up dramatically; when these practices are absent, the probability of failure is high. Our entrepreneurial training programs will teach you how to implement these critical practices in your own business. By mastering these concepts, you will greatly improve your odds for success.
Our team is comprised of individuals with extensive experience as entrepreneurs, business consultants and university professors. We also have an in-house film department that has interviewed and filmed hundreds of entrepreneurs around the world.
At The Main Street Entrepreneur, our mission is to provide the most innovative and engaging resources available to help aspiring entrepreneurs and business builders create successful ventures. We help turn ideas into opportunities, opportunities into business models, and business models into thriving organizations. While doing so we pledge to maintain values of exemplary leadership, continuous improvement, distinguishing service, excellent efficiency, total integrity, and a broader contribution.