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wilham

posts: 9

Nov 16, 2006 10:19 AM ET    Quote  Report Abuse
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Frequently the difficulty in start-up micro and associate businesses is lack of initial funds to get the program going.  There are a variety of tried-and-true sources, such as friends, relatives, sell the second car, and mortgage refinance.

Any other ideas, post them here!

 

wilham2006-12-1 6:41:22
RaiseCapital01

posts: 139

Nov 16, 2006 6:48 PM ET    Quote  Report Abuse
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There are multiple ways to raise capital. However, I think sometimes entrepreneurs are willing to let someone take the risk for them, but are not willing to take the risk themselves. Giving up collateral have their pros and cons. I believe if you are going to get creative, start a company with low startup and then move up into an idea he or she may be comfortable with.
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