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Should you put your own money or take funding to start a business When you start something new the first thing that comes to mind is how do I pay for this do I just use what I have or do I ask someone to put in money both ways can work but they feel very different when you actually go through them. If you put in your own money people call it bootstrapping You are not depending on anyone You spend carefully try to earn from the start and everything stays in your hands no one asks for reports or tells you what to do the hard part is it takes longer you may not hire quickly or spend much on promotion and you need a lot of patience. If you take funding you raise money from investors It can be an angel investor a venture capital firm or even a person you know you can move fast hire a team run ads reach people early but someone giving you money means they expect you to show results You may have to give away some part of your company You will share numbers with them and answer questions If your plan is weak this pressure gets tough so what do you do Ask yourself three things. 1. Can I start with less money and still get somewhere. 2. Is my product ready or do I still need time to fix it. 3. Am I fine with sharing control and giving regular updates. If your idea is still new try starting with your own savings first If your business is solid and you want speed then funding can help a lot. There is no right or wrong choice what matters is what stage you are in how comfortable you are and how strong your plan is In the end money does not just pay bills it decides how your journey feels.