Top 5 ways to Fund your Start-up

By Ankit Bansal Tuesday, January 17, 2012 2 comments
There are lots of peoples who cannot start their own business due to the lack of cash for start-up. What if I can share some of the great ways to raise funds for your start-up?

Before share the top ideas of fund raising, I like to make you sure you need to fulfill following criteria:

Make sure that the business you are starting should be long-term not like today you will start something and tomorrow you will shut down it and go for another one.

You should have confident on yourself – no matter what happens.

Never think about any corp. career as you have already decided you career on your own business.

You will make a decision but will make a correction immediately when you know who have taken wrong decision and done something wrong.

Now, let’s discuss about how we can raise funds for our start-up easily,

Sell Your Useless Stuffs: It is an easy way to raise funds. You have lot of things that now you don’t require, like old books, cloths, old furniture, etc. If you could not found much for yourself, just put calls thought your neighbors , friends, relatives and offer to sell their unwanted stuffs on websites like, eBay, OLX, etc.

Get some offline and online Jobs: You can increase your funds by doing job online as well as offline. You can do any funny stuff and sell some innovative services or any things for just $5 on Fiverr.com and raise 1000s of dollars to fund you start-up easily. Make sure while working on fiverr.com all your ideas should be unique.

Savings: Savings have worked more most of the new age entrepreneurs. If you are doing job for some company obliviously you could do some saving and if the company is repudiated their would be some Provident Funds too. Ask for these savings when you resign- these saving could be good amount depending on your performance as well as how long you had worked there.

Raise Funds from your own Business: Now this point would make you confuse but, don’t get confused. You don’t have money but you have skills. You skills and competence will help you to start raising funds for your business. Each and every penny you’ve earned from your business will be invested on your own business which will later on help to grow it.

Never beg for loans: You are starting-up the business by your own, you don’t have to beg for loans, borrow money from friends or parents. You can do it by yourself. Do what ever you can do by your own, you’ve already grown up and you should now stand on your own feet. Set this point on your mind, “You will not Borrow” – now you are called real entrepreneur.

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2 comments for this post

  1. Wow! that was a great read. The first thing for any start up is the finances of the firm. I am an ardent follower of the small India Intuit blog and I would like to share it with you as well: http://smallbusinessindia.intuit.in/category/starting-business/. It is a must read for all starters.

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