POM039: Starting a Business by Bootstrapping Funding

In this episode we’re going to talk about what you need to know if you plan on bootstrapping your business aka using your own money. We’ll discuss:

  • five items needed when bootstrapping your business
  • 3 common other options for funding
  • tip for spreading your startup cash as far as it can go

 

Resources Mentioned:

Idea to Startup in 30 Days Class

Within 30 days I went from “I want to start a business” to being incorporated with my first product done and offered for sale on my new website.

I wish I could say I hit out of the park in terms of business success immediately, but that wasn’t the case. I learned a lot about business.

This workshop explains how to start up an online or service business and avoid mistakes that will cost thousands. Click here to learn more and register.

 

Financial Fitness Turn Up

Let’s get back on track with financial goals. Join the 30 Day Challenge happening in April.

  • Have a budget you can maintain
  • Know the tips and tricks to stay motivated
  • Save more money consistently
  • Accelerate debt elimination
  • Have a clear plan for your goals
  • Turn Up your financial fitness

Click here to Join the Challenge!

 

SBA.GOV –  Small Business Administration website with information for starting, funding and operating your business. You can also find the local offices to see a SCORE mentor.

 

Thanks for listening:

If you have any comments or questions about this episode, leave a comment below. If you liked what you heard subscribe on iTunes and rate it. This helps the podcast show up for others.

About Dr. Maria James

Dr. James, The Money Scientist, has expertise with designing income management, debt management, and wealth strategies to help you live your best life. She is the founder of Pocket of Money, LLC and the creator of The Wealth Protocol™. Dr. James has also been a guest financial expert on ESSENCE, WEAA, Madame Noire and more.

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