How to Find Funds When Starting a Business

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How to Find Funds When Starting a Business

By: Diahni Sample

Starting a business can be exciting and terrifying at the same time. When you start a business you don’t really know all that comes with it because you are just starting. You do a lot of research and ask a lot of questions to understand what path you need to take for the success within your business. The most common problem that a lot of entrepreneurs face is finding the proper funds to start their business. That has been one of the biggest challenges that I have faced as an entrepreneur myself.

When I first started my female boss brunch I didn’t have any money to start with. At that very moment I could have been terrified and backed down from my idea, however I knew that this was my purpose and I had to fulfill it by any means. The famous saying “A closed mouth doesn’t get fed” is a saying that I truly stick by as an entrepreneur. The reason is because there is never nothing wrong with asking for help when needed. I have asked for support and financial help from family members and mentors.

I am going to give you guys a few tips on how to find the proper funds to start your business:

  1. Don’t be afraid to ask those around you for help when needed. You’d be surprised how many people would love to support and sponsor your business.

  2. Work for the funds. Nothing is wrong with having a regular job and saving up to invest into your dream, even the smartest entrepreneurs do it. You can work at a fast food restaurant or a small retail store in the mall and save those checks week by week to have the proper funds for your business.

  3. Number three is the most important way to start your business. Start with whatever you have to offer. A number shouldn’t scare you away from your dream. When I say this I say it to say that I had to teach myself how to invest with what I had. Whether that be $0 or $100 I had to reach my goals regardless. If I got scared and lost faith and didn’t push my business forward because I didn’t have the funds, I would never be where I’m at today.

If you know that your purpose is to start your business and become your own boss then that’s what you should do and go with what you know and stick to all of your dreams. Money isn’t the biggest and most valuable part of having a business. It does come along the way but it’s not what should make or break you reaching your goals. My overall advice to any entrepreneurs out there who are struggling with finances is keep going, start with whatever you have, and push your business to the next level no matter what challenges come your way.