How to raise money fast for business & best way to raise seed capital & seed funding is from your own “Personal Resources”. No need to go to any Bank/FI.
Entrepreneurs should first try to raise the seed capital & seed funding from their own “Personal Resources”. There is absolutely no need to go to any Bank or any Financial Institution. In this Video Tutorial, we discuss how to raise money fast for business & best way to raise funds for business 40 Different Practical ways all from your own “Personal Resources” .
First, to begin with, Entrepreneurs should learn how to raise the initial seed capital & seed funding from their own “Personal Resources”.
At every stage, business needs adequate finance. Even if you have just started your business, you need business capital. When the business is established, you need money for an altogether different purpose but when you are starting the business, you need money to establish & buy basic things that are absolutely required to start your business until sales start generating enough income. You may have to pay security deposits & monthly rents for your premises, buy basic furniture, computers, telephones and so on.
The very first resource an entrepreneur should look at is from their own “Personal Resources” because it does not involve any hassles of approaching any Bank or any Financial Institution. Only after exhausting all these personal options, should entrepreneurs look at various other sources of finance after venturing into the business.
The initial seed capital from your personal resources are the most commonly used fund to start any business venture anywhere in the world. Since, it is money generated from your own personal resources, it does not require or involve anybody else’s permission or require any negotiations or written agreements. Moreover you will have the ultimate satisfaction that you are starting your business with your own money and all the risk is borne by you. The more money you have invested in your business from your personal resources, more the hard work, more the commitment & more the motivation to succeed in your business.
