It’s a tricky situation when you have an amazing business proposition and no financing to explore the idea, but our country is built on capitalism. There’s more money floating around out there than you could ever possibly imagine. You just have to know how to procure such things. If you need to take some time off from work to devote every part of yourself to your idea, then you will need to have some sort of funding to support yourself as you’re working.
If you’re looking for a place to start learning new ways to acquire start-up funding, then you’re in luck. Here are a few ways to get the ball rolling.
Kickstarter
Kickstarter is an excellent way to get your business idea out to a wide variety of viewers. The site will assist you in building up your own little business proposal or book proposal (whatever your specialty may be), and then help you launch and market yourself on the site. If you present yourself wisely, you can build quite a financial cushion for yourself. You just have to make sure that you are well prepared, and clear in your plan and purpose. People will not fund a poorly structured plan. They want you to succeed. You have to show them that you can.
GoFundMe
GoFundMe is very similar to Kickstarter. It’s a crowdfunding site just the same, but this one is more focused upon a less structured layout. It almost caters to artists. If you have a loose plan for a future novel, you might want to check this particular crowdfunding source out. There are other sites like this as well. You will just need to put in the effort to research the full spectrum of your options. There is so much opportunity just waiting to be soaked up. Don’t allow yourself to miss out, because you’re too lazy to push harder.
Private Loans
If you have a good enough financial reputation on paper, then you can most likely get a private bank loan. There are also plenty of other avenues to procure a loan that don’t require stellar credit. You’ll just have to suffer the pain of a hideously high interest rate. The best thing to do is to build up a solid relationship with your bank, and work their graces.
Specialized Grants
Believe it or not, there are millions of dollars out there in specialized grants for all sorts of things with all sorts of weird stipulations. There’s no doubt that you will be able to find several in which you fall into the eligible category. Just make sure that you’re willing to bear your soul, because they will make you work to convince them that you’re worth the investment.