Where does your business cash come from?
Small business loans! Seed funding! Investors! Start-up financing!
These options can sound intimidating, and may deter people from stepping into entrepreneurship. It’s a lot of paperwork that requires a lot of promises, and one of the top things that microbusiness owners want is flexibility.
The good news? You probably don’t need them!
Most of the businesses I help people with are self-funded, which means that they started small and use their own assets to grow their business. This can be as simple as pulling some cash out of your savings account, or keeping a part-time job on the side. But what about when you need to invest to take your business to the next level and you don’t have the money in your back pocket?
This week on the podcast we are talking quick cash so you can learn the steps of self-funding: what it means, how to do it, and when to implement it.
Tune in this week to hear about my favorite tried-and-true funding ideas and what my next adventures in leveling up are bringing to my business.
2:00–How do new businesses get funded?
5:28–What is self-funding?
8:40–What to do and when to do it.
16:04–Easy, fast, big ROI.
23:09–How I self-fund.
Follow the Holistic Business Academy on Instagram and slide into the DMs to let us know what you think of the episode!
Intro and outro music from bensound.com