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Hemant Prajapati
•
Techsaga Corporations • 1y
Here are some of the most common sources of funds for early startup owners: 🏦 Personal Savings - Many founders invest their own money to get the business off the ground. 🏆 Bootstrapping - Generating revenue organically without external capital through avenues like freelancing, consulting or selling services/products. 👨👦👦 Friends & Family - Leverage personal networks to raise smaller amounts from close relationships. 👥 Crowdfunding - Platforms like Kickstarter allow pitching the idea publicly to gather smaller contributions from many. 📃 Grants - Research initiatives seeking innovative solutions, e.g. commercialization grants for university spinouts. 😇 Angel Investors - Wealthy private individuals may invest $100K-$1M+ in promising startups for equity stake. 🦾 Accelerators - Competitive programs offer seed funding, mentorship and office space for a small stake. Mix and match based on your networks and goals. . . Checkout my profile and follow for more.....
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