Funding your startup

If you are ready to start a new business venture but you don’t have any or all of the funds to do it. Maybe you should start a business then eh? Well, there are ways around this TINY little problem.

Here are 10 places to find some cash.

1. Bring in a full partner (not family)

2. Bring in a silent partner (no control, just funds for profit)

3. Government Grants (takes at least 6 months

4. Small Business Loans (better have good credit)

5. Ask your family for a loan (my advice is don’t do it)

6. Home equity line of credit (works like a credit card, secured by your house)

7. Second Mortgage (only if over $20,000 and you don’t mind losing your house)

8. Personal Savings (I think the best way)

9. Cash in your investments (you aren’t quitting your investments, you are finding a new vehicle for them)

10. Sell as many assets as you can and replace them with shiny new ones when you make it big.

The Master has spoken!