Alternative Ways to Fund Your Business | Ep. #1195
Marketing School - Digital Marketing and Online Marketing Tips
English - November 08, 2019 14:00 - 8 minutes - 7.58 MB - ★★★★★ - 1K ratingsMarketing Business Education How To facebook google linkedin askgaryvee contentmarketing digitalmarketing ericsiu inboundmarketing marketing marketingschool Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Biggest Marketing Blunder Eric Made in 2019 (and What You Can Learn From It) | Ep. #1194
Next Episode: How You Can Learn Digital Marketing Faster | Ep. #1196
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 KickstarterIndiegogo CrowdEngine StartEngine Republic Wefunder MicroVentures Lighter Capital SaaStr Clearbanc Brex Activision
Disney
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