You are BRILLIANT.
Your business idea just might be the one that changes the world as we know it and becomes a multi-million dollar brand. But the reality is you don’t have thousands of dollars – yet alone millions saved up to get your biz off the ground and present it to the world. You’re willing to bootstrap it but even bootstrapping takes some cash.
YOU’VE STARTED FROM THE BOTTOM NOW YOU’RE HERE.
But you need to get to —-> THERE.
You’ve built your business from the ground up by your bootstraps but now you’ve hit a ceiling. You’ve proved the concept, built the product, got the customers and made some money but in order to grow your business to its potential you need to expand your team, up your marketing budget and invest in new systems and technology to handle business operations at scale. That means you need an infusion of cash that your current cash flow can’t handle at the moment.
DON’T BELIEVE THE HYPE.
THERE IS NO SHORTAGE OF CASH.
First, you have to tap into the appropriate vehicle and resources for your business and its goals.
‘Cause errthang ain’t for errbody.
Here are 5 debt and equity free vehicles to tap in to:
Posting your project on people – driven platforms like Kickstarter, IndieGoGo and iFundWomen can be the sole way to raise money for your business or it can be a supplement for debt and equity investments such as loans and angel investors.
Pitch Competitions & Challenges
Corporate companies and a host of organizations are holding pitch competitions and challenges where you can win $5k to $1 million cash for presenting your business idea.
Accelerators & Incubators
Obtain debt – free cash investments, equity-free grants, free and discounted resources for your business and access to mentors, education and more through these programs. Think programs like these are only for people who code or super techy companies? Nope. There are accelerator or incubator programs available in most industries.
Sponsorship & Corporate Partnerships
Attract and develop partnerships with corporate brands and that can equate to millions of cash and revenue for your business.
Digital Currency Token Sales
A token sale, also known as an ICO (Initial Coin Offering) is one of the latest way startups are raising millions of cash. According to Smith + Crown, a leading blockchain research, data and consulting group an “…ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today. ICOs provide a way for cryptocurrency project creators to raise money for their operations. Most ICOs raise money in Bitcoin or other cryptocurrencies.“
There are a lot of ways to run a successful fundraising campaign. There’s also plenty of ways to jack it up… and you may have first-hand knowledge of this. You may be familiar with the ways I mentioned above and even tried one or two or all of these vehicles to no success.
This is why I created the SECURE THE BAG UNCONFERENCE.
SECURE THE BAG is an unconference event for entrepreneurs in the concept to the scale stage seeking to capital to fund their businesses. The content shared is tested and proven, strategies and resources for leveraging traditional and non-traditional funding opportunities.
Whether you’re attempting to raise a small amount of startup cash or millions of dollars, this event promises to provide loads of value by providing you with not only the WHAT to do to solve your fundraising challenges but the HOW to get it done.
Join me at the SECURE THE BAG UNConference taking place on September 22nd, 2017 in NYC.
Tickets go on sale Tuesday, August 17th. Get them —> here.
That’s all for now.