Need Funding? Story Offers Hope, Ideas for Entrepreneurs

So, you have an idea or you are looking to expand your business but banks aren't favorable to lending....anything at the moment and you could mortgage yourself to the hilt, and most entrepreneurs do - the risk is worth it, right?

Have no fear! You can get funding without appealing, or begging, VC's or angel investors. There are organizations, and even individuals, out there willing to lend you money whether it's $50 or $15,000, but you have to think outside the box.

This great CNNMoney story will turn your frustrations into hope when it comes to funding your new business concept/idea or grow an existing business. Corporate banks might not believe in small business but these organizations (many made up of individual investors) do believe and they're helping businesses just like yours take off!

There are plenty of options out there....go find them. They're waiting for you!

Where to get startup cash now
By Tina Peng, contributing writer, CNNMoney.com March 24, 2010

Bank credit is scarce and investors are skittish, but that didn't stop these six startups. They found creative ways to raise cash during the downturn.

Maverick Advice for Entrepreneurs

I have to say I actually didn't go out looking for this blog, but while trying to find examples of good CEO blogs for a client I stumbled across Mark Cuban's. I have to say I think this particular post is valuable to entrepreneurs, and you might find even more value if you dig further. Bookmark it!



Success & Motivation – If(Cash In < Cash Out)= You are a Consultant
Jul 8th 2009 8:52AM

Business is a very simple concept. You have to pay your bills. If you have anything left over, you get to smile and spend it as the principals of your business see fit. If you don’t have enough to pay your bills, you either have to raise money to cover the deficit, file bankruptcy and try it again, or go out of business.Simple.

There are no other options. Sure, you can sell, give or throw the business on someone else and make it their problem, but that doesn’t change the math. If(totalcashin
No matter what kind of business you have, you absolutely, positively must have a revenue strategy. No revvie, no survivee.

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