The CEOs of big companies covered by the media give the position a bad name, but of course they aren't all bad. Determining whether the individual is someone you can trust is the most important thing. Sure, money does come into play but if it's someone who you work well with, then that figure should just fall into place.
Control of the company is not what's important, but the person in charge should have a good head on their shoulders and be able to get the job done.
This is a really cool and relevant thread. I'm glad to see that small business are able to get 'bailouts' as well. Perhaps on a level playing field (ish) our system could more closely mirror 'capitalism' much more than it has previously.
I think crowd funding is actually one of the better ways to raise money these days. The Internet has allowed us to connect like never before making it easy to finance your business with like minded individuals.
Here are some tips:
Know your audience
Choose the right site
Have a clear plan for spending other people's money
Grassroots marketing can be a great way to get a loyal fan base. Depending on your business, I would advertise to local businesses and let them know that you are moving online. If you once had a local business, there's no doubt that you already have an existing group of loyal customers who would love to support your online endeavors.
I have not used this type of marketing myself, but if you get in touch with existing customers and engage in the community, I can see it being very successful.
I would have to agree. There is no magic wand that produces startup funds, but that doesn't mean that your goal isn't possible. Here are just a few places you may be able to find some cash to start your business:
Savings and Investments
Friends and Family
SBA guaranteed loans