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Sunday, January 30, 2011

Financing

The wannabe entrepreneur usually complains about one thing: money. "I've got a great idea/business plan/potential innovation/ but I need funding. And banks are not lending these days."

I've heard this many, many times.

In the current environment, we offer two possible suggestions:

 - Move forward without funding. We call this bootstrapping.
 - Rely on community coalitions that help you find funding.

We'll talk about both of these options.


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