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6 Realistic Tactics For Funding Charitable Businesses

Startup Professionals Musings

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. The simple reason is that it’s impossible to make money for investors when the goal of the company is to not make money. For a nonprofit, bootstrapping is self-funding from donations and fund-raising.

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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

They don’t realize that according to many experts , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative. Yet every investor, including a rich uncle, will likely ask for specific progress evidence. You won’t be fired if you use your own money.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows. After bootstrapping, friends and family are the most common funding sources for early-stage startups. It always reduces risk to plan your business first. Solicit funds from friends and family.

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Angel Investors Skip Startups With No Profit Motive

Startup Professionals Musings

Angel investors and venture capitalists don’t make equity investments in non-profits. The simple reason is that it’s impossible to make money for investors when the goal of the company is to not make money. For a non-profit, bootstrapping is self-funding from donations and fund-raising.

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10 Tips For A New Venture To Survive The Early Years

Startup Professionals Musings

Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. After bootstrapping, friends and family are the most common funding sources for early-stage startups. It always reduces risk to plan your business first. Set expectations accordingly.

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7 Startup Risks That Come With Other People’s Money

Startup Professionals Musings

They don’t realize that according to many experts , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative. Yet every investor, including a rich uncle, will likely ask for specific progress evidence. You won’t be fired if you use your own money.

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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

Most of these scenarios involve attracting outside investors, strategic partners, or key team members: You are the team and you don’t need outside funding. Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. You need an investor, and want a document to mass-mail to everyone.