Creative Funding Sources for Entrepreneurs

Creative Funding Sources for Entrepreneurs - as part of the expert series by GeoBeats. Well let me tell you, if you are waiting until you have enough savings to start your own business, to become an entrepreneur you will never have enough. The bottom line is get started. Here is a thing about entrepreneurship now, especially in this day and age of media and social media. Entrepreneurs are in a unique position to create something from nothing. You would be surprised how many people are out there that do not have a lot of money but want to be an entrepreneur. Now, yeah, you can rely on your traditional sources, you can get a loan from a bank or credit union, which is even better. You can actually rely on family and friends or ask people, you know, maybe a venture capitalist. But also there are organizations out there that do business plan competitions. You would be surprised how many organizations do some type of business plan or business pitch competition. Put all your thoughts together, get all that stuff out of your head and on paper and a plan, and people will help you write a plan. You can actually tap into the small business development center which is a free government resource that you can go to, to have somebody help you write your business plan, help you put together your marketing plan and you can pitch that at some of these organizations that offer business plan competitions or pitch competitions where you get prize money. How about tapping into that? That is a great way to get the funding that you need to start your business.