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11 Ways to Secure Funding for Startups: Overcoming the Chicken and the Egg Dilemma

Obtaining startup capital can be challenging, but there are various ways to secure funding for your business. The speaker compares this challenge to the Chicken and the Egg dilemma and offers 11 ways to overcome it.

Exploring Loan Options

⭐️Multiple programs and lenders available to provide loans

⭐️Soft pull to determine potential loan amount

⭐️Straightforward approach to obtaining funds for small businesses

Understanding Investment Opportunities

💰Angel investing involves individuals funding startups with their own money

💰Venture capital is a faster version of angel investing but may require giving up control of the business

FAQ

What are SBA loans and how do they work?

SBA loans are backed by the government and offer low interest rates, but require a lot of information from startups.

What are the benefits of involving family in the business?

If you have a good relationship with your family, involving them in your business can be beneficial.

How can partnerships help secure funding for startups?

Consider exploring partnerships with someone who has the financial means to support your business.

Summary with Timestamps

💰 0:13The speaker discusses the challenges of obtaining startup capital and provides 11 ways to secure funding.
💰 3:14Learn how to get a business loan and improve your credit.
💰 6:08Different types of funding options for startups include angel investing and venture capital.
💰 9:14The video discusses two options for obtaining funding: SBA loans and credit lines from banks.

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11 Ways to Secure Funding for Startups: Overcoming the Chicken and the Egg Dilemma

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A summary and key takeaways of the above video, "STARTUP CAPITAL Money! 12 Ways to get Funding NOW not Later! + Loans" are generated using Tammy AI
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