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Post on Medial

Asid

Stealth • 7m

The initial money (pre seed funding). The funding /cashflow required before any user or revenue. Majority of us comes from a middle class or poor family background. A Monthly salary from our employer finishes before the months end. To be a entrepreneur or to start a business is always faced with harsh reality. To provide for a family, to be disease free while managing loans, emi and what not! To dream, to save up for a business, to have a passion. What are the different ways you know of to get the initial juice for your startup? I'll start Business loans Grants (donno the reality of those) VC/angel (rich connections)

5 replies8 likes

Replies (5)

Anonymous 4

Stealth • 7m

I'm on the same boat buddy. It's 💯 % true for rising money from investors. I've got no responses form investors that I approached. Some willing to give fundings. But, the wanted 45% equity in return. LOL..!! I'm not that dumb. Bank loans are available, but at the way higher interest rate ( 13.88 to 17.66 ) because, I've not started any business yet. ( But, I need money to start a business ) I've no hope of grants , Because , I belongs to open general category ( Non Bhimta Category )

1 replies2 likes

Anonymous 3

Stealth • 7m

Are you a founders yourself?

0 replies

Anonymous 2

Stealth • 7m

It’s a big hustle. From making to product and then landing a fundraise

0 replies1 like

Anonymous 1

Stealth • 7m

Inheritance

0 replies

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