The startup challenge: Raising money to make dreams become reality | e-commerce & social media | Scoop.it

Finding funding as a startup can be a scavenger hunt, with nuggets of information hidden by bureaucracy and scattered across the Internet.

You’ve got a brilliant, multimillion-dollar business idea and want to start a startup. Great! … Uh, now what?

To steal a joke from a 1998 South Park episode, the void between ideation and value creation often looks like: Phase 1 — Start company. Phase 2 — ?????. Phase 3 — Profit!

How startups develop the second, mystery phase depends on how strong their resolve to raise cash is, how developed their contact network is and how much risk they’re willing to take. Read more: click image or title.

 

 

Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more: www.Business-Funding-Insider.com


Via Enzo Calamo, Marc Kneepkens