How will you finance your startup? This episode presents some
thoughts on the issue of financing for entrepreneurs based on my
own experience, including:
Why bootstrapping your business with revenue finance is the
best way to fund your own startup, if you can do it
The benefit of having some personal savings and no major
financial commitments, if you want to start a business
The role that loans can play in funding your venture and how
taking out loans for business is a far better use of debt than
taking out loans for consumption items
Why selling equity in your company (taking investment from VC
or others) is ultimately a very expensive way to fund your
venture
Why Business Development Grants are never "free money" and have
serious drawbacks
The importance of looking long and hard at whether you really
need the money to get going. You probably don't need nearly as much
as you think
A podcast about living a life of your choosing. Topics covered include financial independence, productivity, entrepreneurship, peaceful parenting, minimalism, and rational thinking.