Those who dream about business, but do not move beyond their dreams, often argue their reluctance to start a startup in that they do not have seed capital.
A business without investments - it's supposedly some kind of nonsense.
"Now if you told me, where to get money for the business," these people complain to each and every one, "then I would become an entrepreneur at once."
Indeed, there is some truth in their whining, but the situation is not as hopeless as it might seem at first glance.
There are a lot of ways to find the required amount of capital investments.
The main thing - do not be lazy to look for them and do not give up before the arising difficulties.
Why is it useful to think where to get money for a business?
I do not understand people who break off wings to their friends and relatives.
Once I saw in a pizzeria this situation: a company of friends - 4 men - chatted to themselves about this and that.
Then one of them began to share his plans that he would like to open a stall with shawarma, hot dogs, pies, etc.
Like, even a great place found - in front of one of the universities there is nothing like this, and students in fact like this food.
He told me, his eyes were burning.
And then one of his friends, interrupting in mid-sentence, asks: "Do you have money for this business?".
The guy was embarrassed, but then he began to explain that he was thinking about selling his expensive car, buying himself some very simple machine, and investing the rest of his money in business.
You would have heard his friends squirming: "Th, do not even think about it!", "And suddenly you'll get corrupted - so you'll stay with beans", "You were lucky that you took this car on credit before the price hike and the dollar rate jump, paid it before the crisis, and now you just want to profuse? "," Business is an unreliable business, "and so on in the same spirit.
I saw a guy droop before his eyes and understand that after such support, he is unlikely to want to push his business idea further.
And after all, what did these pseudo friends need to support him, suggest other options, where to get money?
And he would have grown wings!
And it is quite possible that he would gradually turn one stall with shawarma into a whole network!
If money is the only thing that prevents you from starting a business, do not drop your hands ahead of time.
There are enough options where you can take those same money.
And most importantly - do not listen to the advice of such grief-comrades, they are all because of envy, because they themselves are not capable of acting.
Where can I get money to start a business from my own reserves?
I'm asking you very much, I do not need to scroll through this part of the article, just glancing at the title of the section.
Many people are convinced that they do not have hidden cash reserves, so they can not take money for business from anywhere.
It's not!
You can always hurry up and find these very hidden reserves, which will help you start your own start-up without any help.
1. Strict Savings
Set the mode of strict economy, for example, for 1 year.
Do not spend money left and right, but save 50% of each salary as an investment in your future business.
You get little?
So, it's time to include not only austerity mode, but also active earnings and find the source of additional income, which will be completely deferred to the opening of the business.
Let's try to calculate how much money you can collect at a salary of 30,000 rubles, if you live only half that amount, and the rest will be saved:
| The amount deferred every month ( in rubles) | Term of savings ( in months.) | The amount that will be collected at the end of the year ( in rubles) |
|---|---|---|
| 15 000 rub. | 12 | 180 000 rub. |
As you can see, this amount is enough to open a small business.
To endure one year without new clothes, entertainment and travel is not so difficult if there is such an important goal as your own business.
The most important thing - do not break, succumbing to some kind of temptation.
For the time that you collect money for a business, you can:
- write a business plan;
- choose a place to open your business;
- study information that relates to your sector;
- to study competitors;
- to think over the competitive advantages, advertising campaign, etc.
2. Sale of expensive things
Family heirlooms, which your grandparents did not sell even on a hunger strike, do not touch.
These are things that are more important than your desire to become a businessman.
Let's go the other way and try to find something that belongs to you personally and without which you can do without.
You can take money to open a business if you sell:
- computer and home appliances;
- its ornaments;
- car;
- garage;
- villa plot, etc.
But selling or forcing a single home is not worth it.
How would you not believe in the success of your own business, no matter how much you want it to bring you big money, a startup may prove unprofitable.
So do not turn yourself into a homeless person.
3. Source of additional income in addition to the open business
Let's say you have a small amount of money that will cover at least some of the initial investment.
The rest can be borrowed or borrowed from the same bank.
Because counting on the huge profits of a new business - it's silly( it takes at least 3 months for revenues to begin to cover expenses), you need a source of additional income.
You can take money for business in this case:
- Working or earning in parallel with the launch of the startup.
- Renting a house, garage, car or something else.
- Put some money on the deposit and use interest to repay the loan, etc.
4. Capital diversification
To get money for starting a business in this case, it turns out that those entrepreneurs who already have several money-making business objects, but want to expand.
Income from one of your company you can use to open another.
You can also get funds if you reduce the cost of running a company and send the money saved in this way to a new business.
Where to get money to start a business: we are looking for free assistance
If you can not use your own reserves in your case and you continue to think about where to get money for business, this does not mean that you can not start a startup in the near future.
This means that it's time for you to discard pride and seek help.
Option # 1. Friends and relatives of
This is the first thing that comes to mind when you encounter a lack of money for your business.
Ask around people who are close to you, perhaps one of them is ready to give you an interest-free loan for a long period.
It is not terrible, if you have to borrow from several people at once - gradually distribute all debts when your business becomes self-supporting and will start to bring good profit.
If you decide to borrow money for business from friends and relatives, follow these rules so as not to spoil relations with them:
- Do not be afraid to give a receipt, even if it is a question of the nearest environment - friendship is friendship, and business relations require legal support.
- Gently observe the repayment deadline, if you agreed to repay the loan in installments.
- Be sure to settle with everyone who was borrowed, even if things did not go as well as you had hoped.
Option number 2. Subsidy from the state
If everything is properly thought out, then you can use the state as a sponsor for your business.
The husband of my acquaintance has achieved that his superiors dismissed him, having paid compensation.
And then he registered at the Employment Center.
Since his official salary was quite decent, then six months he received money from the state, investing this money in his work.
Now he has a small hardware store and is quite happy that he was able to find money for his business in this way. How to earn money for an ordinary person?
Option number 3. Business angel - a person
Actually, a business angel is not necessarily a specific person.
This can be a group of rich people who invest their money in promising business projects, and even - a large company that is ready to invest in a beginner.
To take money from a business angel, you should interest him with your idea.
It is unlikely that a rich person will want to invest in a banal institution of public catering or a stall.
This should be a truly innovative, original project, which in the future can bring good money.
It was the business angels who at one time managed to take money to such modern leaders as Google, Amazon and Intel.
With such generous sponsors, things are much easier in the US or Europe, but in our country you can search for a business angel to promote your business.
The Internet will help you find all the information you need.
And you can also go for large offices with your business plan.
Option # 4. Competition or grant
This is another profitable way to take money to open your business and not give it away, even if it does not work out.
The main difficulty is to know in time about such a contest or about the fact that some fund gives out grants.
Well, naturally, you should interest the jury members with your idea - in unproductive projects rich people do not rush to invest money.
Again, quite a lot of grants and competitions for beginning businessmen are held in the US and Europe.
But even if you live in the territory of the post-Soviet space, you can take money to develop your business if you have a good idea and correctly draw up a business plan.
For example, residents of Ukraine can apply for an "Innovative Breakthrough" and get $ 10,000 in winnings for their business.
Option number 5. Kraudfanding
Another great way, invented by the Americans, which allows you to take money to open your business, both ordinary citizens and large companies.
You can use already ready platforms, for example, in Ukraine - it is Spilnokosht and Big Idea, in Russia - Planeta, Simex and others.
The essence of crowd-hosting is simple: you represent your project, open an account and ask all not indifferent to help with money.
People interested in your idea send money to open a future business.
In this case, the more useful the project you offer to the society, the more chances you have to collect the required amount.
Option # 6. The bank is the place where it is the easiest to find money for a business.
It's easy to get a loan from a bank, especially if you have collateral.
The main difficulties - the need to give this loan, and even with interest.
And yet it is not necessary to completely dismiss this option, although it is desirable to keep it at the most extreme.
You can also take money for business from a bank to open a business, but:
- First try out all the options that will allow you to get an interest-free loan.
- Do not expose your single home as collateral.
- Remember that you need to take an amount that would be enough not only to start a business, but at least for 3 months of its maintenance.
- It is advisable to collect at least 50% of the required amount, because it is quite difficult to build a successful business if several years you are working to repay debts to the bank.
- You will have to give the loan to the bank in any case, even if your project is unsuccessful.
Some more ideas, where to take money for business, are presented in video:
Where to take money for business? Address to the investor!
Young entrepreneurs with smart ideas may stop thinking about where to get money for business if they find an investor willing to share all the costs and risks with them.
Very rich people, that's why they became so, that they do not miss perspective ideas and if you prove that your idea really deserves attention and present a competent business plan with real figures, then the investor will gladly invest money in your business.
If you decide to take money from an investor, then it's worth finding an ideal contributor to your business, someone who:
- Will not interfere too much in your affairs.
- Will not take over the leadership position, mindful of the fact that this is still your business.
- Always give good advice if you are asking for help.
- It will be easy to contact you and will not at every opportunity remind you that it was he who gave money to the business.
- A little visionary, which means he knows perfectly well which business will bring good money, and which should not be invested.
It's great if you managed to take money for a business from an investor, but you should not allow the most common mistakes of beginning entrepreneurs:
- Do not limit yourself to an oral contract, make an official document notarized, describing the rights and obligations of the parties.
- Learn how to work with an investor: you do not need to idolize him, but you should not treat him like a used thing.
- Do not terrorize the investor with your endless questions and requests, give you advice on nonsense things - learn to make your own decisions.
- Do not allow pressure on yourself if you are sure of the correctness of the decision.
- Do not take the investor as an endless monetary resource - he does not have to shut up endless financial holes and cover unintelligent costs.
- Do not relax ahead of time, because the fact that you got money for a business is not everything, you have to use them competently.
- Do not violate the terms of the agreement - no investor will tolerate this.
I do not think that the lack of finance can be the reason for refusing to start a startup now that you know where to take money for the business.
There are plenty of options for financing new ideas.
So use them!