In episode #1195, we share several alternative (yet effective!) ways of funding your business. We give you all the details on crowdfunding, revenue-based financing, and the more traditional routes involving bank loans. Tune in to hear what you need to do to attract investors! 

TIME-STAMPED SHOW NOTES:
[00:25] Today’s topic: Alternative Ways to Fund Your Business. 
[00:37] Why people should consider funding and the problem with bootstrapping.
[01:02] The need for funding even if you are Elon Musk or Jeff Bezos.
[01:47] Thoughts on crowdfunding and the various platforms you can use. 
[02:22] A list of the main crowdfunding platforms and how much you can raise per year. 
[03:03] The importance of having traction before attempting to raise money. 
[03:27] How you can raise money through revenue-based financing. 
[04:15] The models that companies like Lighter Capital use. 
[05:05] Getting a traditional bank or SBA loan in the US and their interest rates. 
[05:22] What the credit card company Brex is offering in terms of credit.  
[06:01] The importance of having a formula that is already working. 
[06:24] That’s it for today!
[07:02] To stay updated with events and learn more about our mastermind, go to the  Marketing School site for more information.

Links Mentioned in Today’s Episode:
Jeff Bezos on Twitter
Elon Musk on Twitter
PayPal
Tesla
Kickstarter
Indiegogo
CrowdEngine 
StartEngine
Republic 
Wefunder
MicroVentures
Lighter Capital 
SaaStr
Clearbanc
Brex 
Activision 
Disney

Leave Some Feedback:


What should we talk about next? Please let us know in the comments below
Did you enjoy this episode? If so, please leave a short review.



Connect with Us: 
Neilpatel.com
Quick Sprout
Growth Everywhere
Single Grain
Twitter @neilpatel
Twitter @ericosiu



Learn more about your ad choices. Visit megaphone.fm/adchoices

In episode #1195, we share several alternative (yet effective!) ways of funding your business. We give you all the details on crowdfunding, revenue-based financing, and the more traditional routes involving bank loans. Tune in to hear what you need to do to attract investors!  TIME-STAMPED SHOW NOTES: <ul> <li>[00:25] Today’s topic: Alternative Ways to Fund Your Business. </li> <li>[00:37] Why people should consider funding and the problem with bootstrapping.</li> <li>[01:02] The need for funding even if you are Elon Musk or Jeff Bezos.</li> <li>[01:47] Thoughts on crowdfunding and the various platforms you can use. </li> <li>[02:22] A list of the main crowdfunding platforms and how much you can raise per year. </li> <li>[03:03] The importance of having traction before attempting to raise money. </li> <li>[03:27] How you can raise money through revenue-based financing. </li> <li>[04:15] The models that companies like Lighter Capital use. </li> <li>[05:05] Getting a traditional bank or SBA loan in the US and their interest rates. </li> <li>[05:22] What the credit card company Brex is offering in terms of credit.  </li> <li>[06:01] The importance of having a formula that is already working. </li> <li>[06:24] That’s it for today!</li> <li>[07:02] To stay updated with events and learn more about our mastermind, go to the <a href="https://marketingschool.io/growth-accelerator-mastermind"> Marketing School</a> site for more information.</li> </ul> Links Mentioned in Today’s Episode: <ul> <li><a href="https://twitter.com/jeffbezos">Jeff Bezos on Twitter</a></li> <li><a href="https://twitter.com/elonmusk">Elon Musk on Twitter</a></li> <li><a href="https://www.paypal.com/">PayPal</a></li> <li><a href="https://www.tesla.com">Tesla</a></li> <li><a href="https://www.kickstarter.com">Kickstarter</a></li> <li>
<a href="https://www.indiegogo.com">Indiegogo</a> </li> <li><a href="https://crowdengine.com">CrowdEngine </a></li> <li><a href="https://www.startengine.com/">StartEngine</a></li> <li><a href="https://republic.co">Republic </a></li> <li><a href="https://wefunder.com">Wefunder</a></li> <li><a href="https://microventures.com">MicroVentures</a></li> <li><a href="https://www.lightercapital.com">Lighter Capital </a></li> <li><a href="https://www.saastr.com/">SaaStr</a></li> <li><a href="https://clearbanc.com">Clearbanc</a></li> <li><a href="https://brex.com">Brex </a></li> <li><a href="https://www.activision.com">Activision </a></li> <li>
<a href="https://www.disney.com">Disney</a> </li> </ul> Leave Some Feedback:   <ul> <li>What should we talk about next? Please let us know in the comments below</li> </ul> <ul> <li>Did you enjoy this episode? If so, please leave a short review.</li> </ul>   Connect with Us:  <ul> <li><a href="http://neilpatel.com">Neilpatel.com</a></li> <li>
<a href="https://www.quicksprout.com/">Quick Sprout</a> </li> <li><a href="https://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="https://www.singlegrain.com/">Single Grain</a></li> <li>
<a href="https://twitter.com/neilpatel">Twitter @neilpatel</a> </li> <li><a href="https://twitter.com/ericosiu">Twitter @ericosiu</a></li> </ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or you're an established business, you'll learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing strategies that work today from people that actually practice marketing and operate businesses.
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Marketing School - Digital Marketing and Online Marketing Tips

In episode #1195, we share several alternative (yet effective!) ways of funding your business. We give you all the details on crowdfunding, revenue-based financing, and the more traditional routes involving bank loans. Tune in to hear what you need to...

Alternative Ways to Fund Your Business | Ep. #1195

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9caaffc3-af29-432b-8580-b0d20043d073/transcript

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