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Alternative Ways to Fund Your Business | Ep. #1195

Alternative Ways to Fund Your Business | Ep. #1195

FromMarketing School - Digital Marketing and Online Marketing Tips


Alternative Ways to Fund Your Business | Ep. #1195

FromMarketing School - Digital Marketing and Online Marketing Tips

ratings:
Length:
8 minutes
Released:
Nov 8, 2019
Format:
Podcast episode

Description

In episode #1195, we share several alternative (yet effective!) ways of funding your business. We give you all the details on crowdfunding, revenue-based financing, and the more traditional routes involving bank loans. Tune in to hear what you need to do to attract investors!  TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: Alternative Ways to Fund Your Business.  [00:37] Why people should consider funding and the problem with bootstrapping. [01:02] The need for funding even if you are Elon Musk or Jeff Bezos. [01:47] Thoughts on crowdfunding and the various platforms you can use.  [02:22] A list of the main crowdfunding platforms and how much you can raise per year.  [03:03] The importance of having traction before attempting to raise money.  [03:27] How you can raise money through revenue-based financing.  [04:15] The models that companies like Lighter Capital use.  [05:05] Getting a traditional bank or SBA loan in the US and their interest rates.  [05:22] What the credit card company Brex is offering in terms of credit.   [06:01] The importance of having a formula that is already working.  [06:24] That’s it for today! [07:02] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information. Links Mentioned in Today’s Episode: Jeff Bezos on Twitter Elon Musk on Twitter PayPal Tesla Kickstarter Indiegogo  CrowdEngine  StartEngine Republic  Wefunder MicroVentures Lighter Capital  SaaStr Clearbanc Brex  Activision  Disney  Leave Some Feedback:   What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.   Connect with Us:  Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu
Released:
Nov 8, 2019
Format:
Podcast episode

Titles in the series (100)

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or an established business, learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing tactics that work today. With over 35 million downloads and 1,400 episodes, you're sure to find something that will help you grow faster. If you're interested in being a guest on the show, e-mail eric@singlegrain.com to get on the waitlist.